Property Analysis – 112 West 17th Street

Chelsea / Flatiron District, Manhattan

Asking Rent: $5,500/month

Property Type: Office (Commercial)
Size: 1,500 ft²

Typical Market Range (Chelsea/Flatiron Office):
~$45–$80/ft² depending on class and condition

Location Overview – Chelsea / Flatiron District

112 West 17th Street sits in a highly desirable commercial corridor between Chelsea and the Flatiron District—one of Manhattan’s most active office and creative business hubs.

Key advantages:
• Walking distance to Union Square
• Close to Flatiron Building
• Excellent subway access (1, 2, 3, F, M, L, N, R, W lines nearby)
• Surrounded by tech, media, and creative firms
• Strong retail, dining, and business ecosystem

This is a prime office submarket, especially attractive for startups, creative firms, and boutique businesses.

Investment / Leasing Analysis

Strengths

• Very competitive rent ($44/ft²) for the area
• Efficient 1,500 sf layout (ideal for small-mid size business)
• Prime central Manhattan location
• Strong tenant demand in Chelsea/Flatiron corridor
• Excellent accessibility for employees and clients