Retail

Commercial Lease – 31 W 17th Street, New York, NY 10011

Asking Rent: $40,000/month
Size: 2,500 SF
Lease Type: Retail / Showroom / Office / Service
Property Type: Ground-Floor Commercial Space
Location: Chelsea / Flatiron (10011)
Availability: Immediate

Property Overview

31 W 17th Street offers 2,500 SF of ground-floor commercial space in the highly sought-after Chelsea/Flatiron corridor. Situated on a prime cross street near major retail, office, and residential density, the space benefits from consistent daily foot traffic and excellent accessibility—ideal for brands seeking a downtown Manhattan presence.

Financial Highlights

• Asking Rent: $40,000/month
• Annualized Rent: ≈ $480,000
• Effective Rent per SF: ≈ $192/SF annually

Key Features

• Flexible open layout suitable for a wide range of build-outs
• Strong street presence and branding potential on West 17th Street
• Ideal for boutique retail, showroom, wellness, studio, gallery, or professional services
• Surrounded by destination retail, restaurants, and high-density residential/office users

Lease & Terms

• Term: Negotiable
• Availability: Immediate
• Due at Signing: First month + security deposit; tenant financials required
• Tenant Responsibilities: Utilities and standard commercial lease obligations

Summary

The 2,500 SF space at 31 W 17th Street is offered at $40,000/month (~$192/SF annually) and represents a strong opportunity to secure a high-demand Chelsea/Flatiron location with flexible use potential and excellent neighborhood visibility.