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855 Avenue of the Americas

Chelsea, New York, NY
Floors
41
Total Size
570,000 sqft
Lot Size
1 acres
Year Constructed
0
Year Renovated
0
Number of Buildings
0

Features

Gym
Common Bike Storage

About 855 Avenue of the Americas

Construction on this mixed-use building is set to end in 2015. The structure is set at 855 Avenue of the Americas in the Midtown South neighborhood of New York. With 2 stories below ground and 41 above, this property contains 570,000 square feet of rentable office space, retail space and residential space.

The base of this property is built to house retail tenants. There are 2 stories of floor-to-ceiling display windows starting at ground level, a full city block of street frontage for maximum exposure and and plenty of space for signage.

Above the approximately 70,000 square feet of retail units, tenants have access to 122,000 square feet of office space. In addition to high-end fixtures and finishes, 855 Avenue of the Americas includes two terraces. One is located on the 6th floor and is exclusive to office tenants, and the other is on the rooftop and is solely for residents.

There are separate entrances, lobbies and elevators for residential tenants, which ensures that visitors do not get lost in the wrong part of the building. This structure is built the the environment in mind, and everything from the design to the construction reflects environmental sustainability.

With glass and steel completely covering the facade of 855 Avenue of the Americas, this office building has a very modern look. The structure features a unique design, with the base being much wider than the upper residential units.

Internet Providers for 855 Avenue of the Americas

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
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 region is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 4% increase in rent.

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

Median Rate Median Size
Chelsea $69
/sqft/yr
3,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,370
sqft

Median Rate over Time in Chelsea