150 West 26th Street, New York, NY 10001 – Chelsea / NoMad Border
Asking Rent: $20,000/month
Space: 1,500 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $13.33/month ($160.00/sq ft annualized)
Property Overview
This 1,500-square-foot retail space at 150 West 26th Street offers a substantial, well-priced opportunity on a bustling Chelsea corridor near the NoMad border. With an asking rent of $20,000 per month, it is positioned for a high-traffic, service-oriented business such as a full-service restaurant or cafe, boutique fitness studio, specialty market, or experiential retail concept. The size and location are ideal for businesses seeking to capture foot traffic from the dense mix of residential buildings, office workers, and visitors to Chelsea’s gallery and market district.
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Space Highlights
- Spacious ground-floor retail space of 1,500 sq ft with direct street frontage on West 26th Street.
- Ample square footage suitable for a restaurant with full kitchen and dining, specialty grocery or wine shop, boutique gym (yoga, pilates, boxing), or home goods/furniture store.
- Likely features a classic NYC retail build-out with large windows and high ceilings; tenant will be responsible for a full interior build-out which may include kitchen ventilation, specialized flooring, or custom lighting.
- The size allows for a flexible layout with separate zones for service, display, and customer interaction.
Location & Neighborhood
- Prime Chelsea/NoMad border location on West 26th Street between 6th and 7th Avenues.
- Situated in a dynamic, mixed-use area known for its wholesale flower district, art galleries, and proximity to Chelsea Market and The High Line.
- Surrounded by a mix of residential lofts, office buildings, and creative businesses, ensuring steady foot traffic from a diverse population.
- Strong daily foot traffic from local residents, office workers, gallery-goers, and tourists.
- Excellent transit access via the F/M, 1 trains at 23rd St, N/Q/R/W, F/M trains at Herald Square, and PATH at 23rd St.
- Walkable to the Flatiron District, Penn Station, and Madison Square Park.
Summary
Priced at $20,000/month ($13.33/sq ft/month), this 1,500 sq ft retail space at 150 West 26th Street offers strong value for a sizable footprint in a high-demand, central neighborhood. The annualized rent of $160 per square foot is competitive for Chelsea and provides access to a constant flow of potential customers. This opportunity is ideal for an established operator or ambitious new concept looking to serve the daily needs of a vibrant community. Success requires a business model that can attract both the local residential base and the daytime office crowd, potentially operating across multiple dayparts (e.g., morning coffee, lunch, evening dining/shopping). It’s a strategic location for building a beloved neighborhood business with significant growth potential.
