27 West 24th Street, New York, NY 10010 – Chelsea / Flatiron
Asking Rent: $25,000/month
Use: Office / Commercial Space
Size: 5,402 sq ft
Property Type: Office / Commercial Loft
Lease Type: Commercial Lease
Estimated Annual Rent: $300,000
Price per Sq Ft: ~$55.54/sq ft/year | ~$4.63/sq ft/month
Property Overview
This 5,402-square-foot commercial space at 27 West 24th Street is a significant and competitively priced offering in the vibrant Chelsea/Flatiron district. With an asking rent of $25,000 per month, this expansive floor plate provides excellent value on a price-per-square-foot basis. The space is ideal for creative agencies, tech companies, showrooms, or light industrial users seeking a large, flexible footprint in a central Manhattan location brimming with energy and amenities.
Read More
Space Highlights
- Large 5,402 sq ft of contiguous space, likely a full floor or loft
- Chelsea-style architecture potentially featuring high ceilings, large windows, and exposed elements
- Highly flexible raw or built-out space suitable for office, studio, showroom, or hybrid use
- Efficient price per square foot for a central Manhattan location
- Significant size allows for various departmental layouts, collaboration zones, and storage
Building & Location
- Prime Chelsea/Flatiron location on a bustling block between Broadway and 6th Avenue
- In the heart of Manhattan’s tech, creative, and wholesale design corridor
- Surrounded by restaurants, cafes, hotels, and retailers; steps from the Flatiron Building and Madison Square Park
- Excellent access to subway lines (N/Q/R/W, F/M, 6, 1) and PATH at 23rd Street
- Building likely features freight elevator and standard commercial amenities; may be a converted loft building
Summary
Offered at $25,000/month (~$55.54/sq ft/year), this 5,402 sq ft commercial space at 27 West 24th Street represents a major value for square footage in a prime central business district. The low price per square foot makes it an attractive option for growing companies or established firms needing substantial space without a premium Midtown price tag. It is perfectly suited for creative, tech, or light industrial tenants who prioritize space, flexibility, and location in the dynamic Chelsea/Flatiron ecosystem.
