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425 7th Ave

Chelsea, New York, NY
Floors
4
Total Size
9,600 sqft
Lot Size
0 acres
Year Constructed
1924
Year Renovated
0
Number of Buildings
1

About 425 7th Ave

This New York low rise was constructed in 1924 and offers 4 stories of rentable office space. Total square footage within the structure is approximately 9,600 square feet. The property is set in the heart of Midtown South at 425 7th Avenue.

Each of the 4 floors within 425 7th Avenue contain 2,400 square feet of usable floor space. The ground floor of the building offers prime retail units with lots of signage space above each. Expansive glass storefronts and glass doors bring light into the units.

Approximately 40 feet of frontage is offered to tenants of 425 7th Avenue. All of the upper floors benefit from 11-foot ceilings. On the facade, there is a 3-story billboard that tenants have the option to rent out for additional income or to use for their own advertisement purposes.

With the fantastic location within Midtown, 425 7th Avenue is close to all subway lines and public transit options. Madison Square Garden and Penn Station are set right across the street from the property, and this brings tons of visitors to the area each and every day.

The exterior of 425 7th Avenue is mostly covered in colorful signage, though the exposed portions of the building are dark in color. Polished metal work and clear glass add to the contemporary look of the structure.

Internet Providers for 425 7th Ave

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
tw telecom 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

Most listings are in the $60's per square foot per year. The Chelsea region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the New York City market, the Chelsea region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Median Rate Median Size
Chelsea $69
/sqft/yr
2,900
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in Chelsea