Chelsea West 25th Street NY NY Class A Office space for lease Office space for Lease: Entire 12th Floor: […]
5,000 – 15,000 sq ft Office space for lease. White box with new bathrooms, new windows, new wood floors. Ceiling heights […]
W 23rd Street, NYC Chelsea, Office space for rent 5,500 sq ft. Brand new plug and play prebuilt with exposed […]
10,000 – 15,000 sf, Hi floor, Possession Arranged, As Is condition, Office space, Turnkey move-in space, high ceilings with numerous skylights, […]
2,200 sf, 4,400 sf, 6th floor, Vacant, Office space. Newly refinished, open loft. Great hardwood floors, lots of windows, 2 […]
5th Avenue, Chelsea
W 18th St, New York, NY, Between Sixth & Seventh Avenues, office space for lease 5,000 sf, 11,000 sf, 5th […]
Chelsea office space
Chelsea office space – Chelsea is a district located on the west side of Manhattan enclosed between 14th Street to the south, 30th Street to the north, the Seventh Avenue to the east, and the Hudson River to the west. Currently, it is mostly a residential area. But very modern offices are mixed with beautiful architecture and historical buildings by adding a unique look to this neighborhood. Due to its mixed and vibrant culture, Chelsea is attracting more than 300 million visitors each year from all over the world.
This Manhattan area is also known as one of the centers for the NYC art world because many art galleries are located in the western part of Chelsea. However, with millions of square feet total usable office space to choose from, it offers one of the most valuable New York office space for rent.
Chelsea is a great place for any business looking to be at the heart of New York’s creative office space zone. Big and small companies are leasing here by choosing a new home for their business. The possibilities are endless – the companies can choose smaller offices in co-working spaces or luxurious brick buildings from class A or B. When speaking of the Chelsea office market for rent, we should keep in mind that one of the world’s largest businesses is located here – Google.
The building, where Google is, itself offers nearly 2.9 million square feet of usable office space, with Google taking up roughly a quarter of that. Also, the other companies like Verizon and Huffington Post make this district one of the top real estate destinations for rent in Manhattan.
If you compare these prices to the publicly available commercial real estate leasing data, you will see that Chelsea office space lease rates are close to the average price for New York office spaces for lease. Because Chelsea is a popular office space area, the demand for office spaces for rent is high. Another important fact is that vacancy rates in this district are among the lowest in New York City. The total inventory which is vacant and available to new renters currently is around 25 million square feet.
The businesses that are seeking office spaces here are usually paying around $50-80 per square foot rental, but the prices may vary due to many factors – the class A or B buildings are the main. Basically Chelsea has become one of NYC’s most sought after rental locales for businesses with prices rising each year.
The area is well connected to the Metro area due to its good transportation links. Employees can choose between a few options for public transport. Chelsea is easily accessible with New York City bus routes M 7, M 10, M 11, M 12, M 14 and M 23, and houses the main entrance to the 34th Street – Hudson Yards station for the 7 train. New York City Subway is also conveniently located in the area.
Because of this, it is a highly attractive office space for lease in Manhattan providing comfortable commuting for potential workers and residents. Another curious fact is that Chelsea is listed among the top 20 most walkable areas in the whole New York City. So, if you have missed your cardio training, you can make your way to the office by foot as well!
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