Alamo Building$80.60 – $98.13/SF/yr FS
Chelsea Submarket — New York City
Chelsea submarket of New York City: 7 tracked properties, 3,718,300 SF of inventory and 2,307,200 SF available.
7Listings
2,307,200 SFAvailable space
3,718,300 SFTotal inventory
$91.63/SFAvg asking rent
10,600 SFMedian suite
Century Gateway$94.69 – $115.28/SF/yr FS
Century Square$95.67 – $116.47/SF/yr FS
1402 E 57th St$72.15 – $87.83/SF/yr FS
346 E 42nd St$74.71 – $90.95/SF/yr FS
Midtown Center$78.08 – $95.06/SF/yr FS
1247 Park AveRate on request
7 commercial properties are tracked in the Chelsea submarket, representing 3,718,300 SF of rentable building area, of which 2,307,200 SF is currently marketed as available.
Asking rents average $91.63 per square foot per year, the median marketed suite is 10,600 SF, and listings have been on market a median of 439 days.
The stock splits 2 Class A, 3 Class B, 2 Class C, with construction dates from 1931 to 2014 (median 1977).
Other New York City submarkets
Columbus CircleFinancial DistrictFlatiron / Union SquareGramercyGrand CentralHudson YardsMurray HillPenn Plaza / GarmentPlaza DistrictTimes SquareTribeca / SoHoUpper East SideUpper West Side
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Frequently asked questions
What is the average asking rent for commercial space in Chelsea, NY?
Across the 7 commercial listings published in Chelsea, NY, asking rents average $91.63 per square foot per year, quoted on a FS basis.
How much commercial space is available in Chelsea, NY?
2,307,200 SF is currently marketed across 7 buildings, out of 3,718,300 SF of total inventory.
What is the commercial vacancy rate in the New York City market?
The New York City commercial market is running 21.1% vacancy with year-over-year asking rent growth of 4.9%.
Which submarkets have the most commercial space in Chelsea, NY?
Chelsea (7 properties).
Which brokerages are most active in Chelsea, NY?
Meridian Realty Partners (2 listings), Frontier Commercial (1 listing), Granite Peak Realty (1 listing), Capitol Commercial (1 listing), Pinnacle CRE (1 listing). See the full Chelsea, NY broker directory.
How do I list a commercial property in Chelsea, NY?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.