49 West 24th Street, New York, NY 10010 – Chelsea / Flatiron
Asking Rent: $12,200/month
Use: Creative Office / Tech Startup / Showroom / Non-Profit
Size: 4,850 sq ft
Property Type: Office Space
Lease Type: Commercial Lease
Estimated Annual Rent: $146,400
Price per Sq Ft: ~$30.19/sq ft/year | ~$2.52/sq ft/month
Property Overview
This 4,850-square-foot office space at 49 West 24th Street is an exceptional value offering in the prime Chelsea/Flatiron district. With an asking rent of $12,200 per month, this space provides a very large footprint at an extremely low price per square foot for a central Manhattan location. It is ideal for creative agencies, tech startups, non-profits, showrooms, or light industrial users seeking significant, affordable space in a vibrant and accessible neighborhood.
Read More
Space Highlights
- Very large 4,850 sq ft of office or showroom space, likely a full floor or loft
- Prime location on West 24th Street between Broadway and 6th Avenue
- Exceptionally low price per square foot, representing major value in a high-demand area
- Flexible, raw or semi-finished space suitable for custom build-out (open office, studios, showroom)
- High ceilings and large windows likely, characteristic of Chelsea loft buildings
Building & Location
- Prime Chelsea/Flatiron location on West 24th Street, in the heart of Manhattan’s tech, design, and creative corridor
- Steps from Madison Square Park, the Flatiron Building, and the shopping of Broadway and 5th Avenue
- Excellent access to subway lines (N/Q/R/W, F/M, 1, 6) and PATH at 23rd Street
- Surrounded by restaurants, cafes, hotels, and a mix of creative and corporate businesses
- Building likely a functional commercial loft with elevator and standard utilities
Summary
Offered at $12,200/month (~$30.19/sq ft/year), this 4,850 sq ft office space at 49 West 24th Street is an outstanding opportunity for businesses prioritizing maximum space and location at a minimal cost. The remarkably low price per square foot allows for substantial savings or investment in a custom build-out. It is a strategic base for growing companies, creative firms, or organizations that need room to operate and collaborate in the dynamic Flatiron/Chelsea ecosystem.
