Chelsea Office Space

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207 W 25th St - 4 Spaces Chelsea, New York City, NY  
Sep 20
1,100 - 6,500
sqft
Office
5 Penn Plaza - Space Chelsea, New York City, NY  
Sep 18
1,250
sqft
Office
2 Penn Plaza - 2 Spaces Chelsea, New York City, NY 18’4” foot ceiling height
Sep 18
1,560 - 4,400
sqft
Office
512 W 22nd St - 2 Spaces Chelsea, New York City, NY concrete poured floors
Sep 18
9,920 - 13,230
sqft
Office
315 7th Ave - Space Chelsea, New York City, NY  
Sep 15
5,000
sqft
Office
245 W 29th St - 3 Spaces Chelsea, New York City, NY Close Public Transit.
Sep 14
1,650 - 5,410
sqft
Office
100 W 18th St - Space Chelsea, New York City, NY  
Sep 13
23,000
sqft
Office
518 W 34th St - 2 Spaces Chelsea, New York City, NY  
Sep 10
200 - 300
sqft
Office
333 8th Ave - Space Chelsea, New York City, NY  
Sep 07
1,500
sqft
Office
122 W 26th St - 2 Spaces Chelsea, New York City, NY hardwood floors
Sep 05
1,060 - 1,530
sqft
Office
307 7th Ave - Unit 400 (Floor 4) Chelsea, New York City, NY  
Sep 04
2,100
sqft
Office
Starrett-Lehigh Building - Space Chelsea, New York City, NY  
Aug 30
7,910
sqft
Office
557 W 23rd St - Floor 1 Chelsea, New York City, NY Turnkey.
Aug 26
1,320
sqft
Office
515 W 20th St - Unit 3E (Floor 3) Chelsea, New York City, NY  
Aug 21
5,000
sqft
Office
229 W 29th St - Floor 12 Chelsea, New York City, NY  
Aug 21
2,750
sqft
Office
143 W 29th St - Space Chelsea, New York City, NY  
Aug 21
1,000
sqft
Office
197 8th Ave - Unit 1 (Floor 1) Chelsea, New York City, NY  
Aug 17
1,300
sqft
Office
229 W 29th St - Floor 4 Chelsea, New York City, NY  
Aug 14
1,850
sqft
Office
544 W 27th St - Space Chelsea, New York City, NY  
Aug 12
3,000
sqft
Sublease Office
305 7th Ave - Space Chelsea, New York City, NY  
Aug 12
4,000
sqft
Office
544 W 27th St - Floor 3 Chelsea, New York City, NY three storage
Aug 12
2,500
sqft
Office
140 W 20th St - Space Chelsea, New York City, NY  
Aug 09
3,800
sqft
Office
229 W 29th St - Floor 12 Chelsea, New York City, NY  
Jul 28
2,740
sqft
Office
363 7th Ave - Space Garment District, New York, NY  
Jul 27
350
sqft
Office
129 W 29th St - Space Chelsea, New York City, NY  
Jul 26
3,650
sqft
Office
242 W 27th St - 5 Spaces Chelsea, New York City, NY  
Jul 21
1,200 - 2,500
sqft
Office Medical
251 W 30th St - Chelsea SQ - 2 Spaces Chelsea, New York City, NY  
Jul 21
6,370 - 7,500
sqft
Office

Chelsea

Market Report

Number of Listings
Posted in the last 90 days
103
Median Rate ($/sqft/yr)
$65
Median Size (sqft)
2,900

Chelsea Rates

On average, listings lease in the $60's per square foot per year. The Chelsea region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the New York City market, the Chelsea submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Chelsea Listing Supply

In the last 90 days, 2509 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Chelsea are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 11 stories. Most buildings in this area were built in 1914 and are Class B.

Chelsea Community

A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this region. Most of the residents of Chelsea work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Chelsea.
Research