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245 W 17th St

Chelsea, New York, NY
Total Size
140,000 sqft
Lot Size
9,200 sqft
Year Constructed
Year Renovated
Number of Buildings

About 245 W 17th St

Located in the heart of Chelsea, 245 West 17th Street, New York, NY 10011 is currently undergoing extensive refurbishment and will suit tenants looking to rent office space that is bright, airy and designed to suit modern commercial needs.

Scheduled renovations include a new lobby, new elevators, new windows and new building systems. Savanna Real Estate, who bought the property recently from the Pressman Family, plans to make this a prime location in one of New York’s most appealing districts. 245 West 17th Street, New York, NY 10011 will feature high-spec offices with natural light, high ceilings and timber flooring.

Constructed in 1910, 245 West 17th Street, New York, is a 12-storey commercial building designed by architect Samuel Sass; it has roughly a total of 145,000 sqft of floor space to offer to tenants.

Savanna also purchased the building next door, 249, and plans to spend around $21 million on refurbishments that aim to “preserve and enhance the loft-style aesthetics” of both buildings, said their company president Kevin Hoo.

245 West 17th Street, New York, NY 10011 is an attractive square built brownstone with a white facade on the lower level and a neo-classicism style throughout.

Companies at 245 W 17th St

Café Riazor Bar Restaurant Food

Internet Providers for 245 W 17th St

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Chelsea

The typical asking rate per listing is in the $60's per square foot per year. The Chelsea submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

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

Median Rate Median Size
Chelsea $63
Median Rate Median Size
New York City $65

Median Rate over Time in Chelsea