Chelsea Lofts for Rent in NYC
Chelsea Lofts for Rent in NYC
Chelsea lofts for rent in NYC are in short supply as a result of a sustained demand by creative companies. Costar, the Commercial Real Estate Information Company reports that at the end of June 2015, commercial vacancy in Chelsea was only 4.4% and the asking rent averaged $60.66 per rentable square foot. 67% of Chelsea loft buildings are rated CLASS C in quality and provide minimal amenities. Even in the context of NYC heated office market, Chelsea lofts are comparatively expensive. For example, in the Grand Central Station sub-market, the average asking rent in a full service CLASS A building (24/7 doorman, modern infrastructure, central HVAC and office cleaning) was only $65.80 PSF.
Chelsea Lofts Available in September 2015
Starrett-Lehigh Building @ 601 West 26th Street: No building can better characterize the collective creativity of Chelsea. It is home to major players in media and fashion like McGarry Bowen, Martha Stuart Living Omnimedia, Ralph Lauren and Tommy Hilfiger. Available loft spaces with polished concrete floors, expansive open ceilings and over-sized windows range in size from as small as 500 RSF up to 18,000 RSF. Asking rents are $65- $75 PSF. Call for details.
25th Street & 11th Avenue: Join well known fashion designers and galleries at this renovated loft building. Offering 24/7 attended lobby, high ceilings, polished concrete flooring and Tenant-controlled AC. Limited space from 1,800- 5,700 RSF. Asks $55 PSF.
25th Street & 6th Avenue: Following a $20 million capital improvement program this 1906 loft buildings is now offering the most modern infrastructure and communications. Dramatic 11,000 RSF floors built-to-suit by the Landlord. Perfect for your HQ. Asks from $65 PSF.
27th Street & 6th Avenue: Creative lofts measuring 6,417 RSF. Featuring new lighting, windows, bathrooms, pantry and air conditioning. Additional renovations are available for qualified Tenants. Asks $56 PSF.
20th Street & 5th Avenue: 5,400 RSF full floor loft with 12 1/2 foot ceilings, high-end finishes and nice light. Layout includes offices, a conference room, support area, pantry, bathrooms and 2 bedrooms. Asking $20,700 per month.
For your specific loft or office requirement call:
Mitchell Waldman Licensed NY State Real Estate Broker 212-509-4049