Commercial Lease – 29 W 17th Street, New York, NY 10011
Asking Rent: $15,000/month
Size: 2,500 SF
Lease Type: Office
Property Type: Full-Floor Office Loft
Location: Flatiron / Chelsea Border (10011)
Availability: Immediate
Property Overview
29 W 17th Street presents a boutique 2,500 SF full-floor office loft located between Union Square and Chelsea. Featuring open-plan layouts, exposed ceilings, and abundant natural light, this space is ideal for creative firms, technology startups, design studios, or professional practices seeking a prime Midtown South address.
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Key Features
- Total Size: ≈ 2,500 SF
- Asking Rent: $15,000/month
- Annualized Rent: ≈ $180,000
- Effective Rent per SF: ≈ $72/SF annually
- Configuration: Flexible open loft with potential for private offices or meeting rooms
- Frontage: Elevator-serviced building with professional entryway
- Potential Uses: Creative office, tech firm, law or accounting office, design studio
Lease & Terms
- Base Rent: $15,000/month (~$72/SF/YR)
- Term: Negotiable (long-term preferred)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, janitorial, and proportionate RE tax obligations typical for office leases
Market Profile
- Location Advantage: Nestled between Union Square, Flatiron, and Chelsea—prime Midtown South corridor with high demand.
- Transit Access: Steps to Union Square transit hub (N/Q/R/W, 4/5/6, L) and 18th Street (1/2/3).
- Neighborhood Demand: Popular with creative agencies, tech startups, boutique firms, and service-oriented professionals.
- Competitive Advantage: Full-floor boutique office with strong branding potential and highly efficient footprint.
Summary
The 2,500 SF office loft at 29 W 17th Street, New York, NY 10011 is available at $15,000/month (~$72/SF annually). With its Flatiron/Chelsea location, boutique scale, and strong transit access, this opportunity is well-positioned for creative and professional tenants seeking prime Midtown South space.
