Chelsea Retail Space For Lease

Chelsea

Market Report

Number of Listings For Lease
Posted in the last 90 days
134
Median Rate ($/sqft/yr)
$106
Median Size (sqft)
2,910

Chelsea Commercial Real Estate

Find Chelsea commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Chelsea commercial real estate broker in Chelsea's Top Broker Directory. Learn about Chelsea commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Chelsea Rates

The typical asking rate per commerial real estate listing leases is in the $90's per square foot per year. The Chelsea region is experiencing a an increase in rates. In the last 3 months, the median rate for lease went up $30 per sqft per year. That's a 44% rise in rent.

Compared to the rest of the New York City commercial real estate market, the Chelsea region has more expensive rates for rent, and you may need to make a great offer to be in this hot region.

Chelsea Listing Supply

In the last 90 days, 2509 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate leases in the Chelsea are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,900 sqft. Most buildings in this market are close to 11 stories. Most buildings in this area were built approximately 1914 and are Class .

Chelsea Community

A large portion of this region is residential, but there's plenty of office space. Public administration is the dominant industry in this region. Most of the occupants 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