Prime Retail Space on West 27th Street – 17 W 27th Street, NoMad / Flatiron District
Address: 17 West 27th Street, New York, NY, 10001
Price: $40,000/month
Square Feet: 2,402 SF
Type: Retail Space
Property Overview:
Located on West 27th Street in the heart of NoMad / Flatiron District — one of Manhattan’s most dynamic, desirable, and rapidly evolving neighborhoods — 17 W 27th Street offers 2,402 SF of prime retail space at a competitive price point. Ideal for fitness centers, restaurants, showrooms, art galleries, specialty food markets, or service-based businesses. Situated between Broadway and Fifth Avenue, this space benefits from proximity to Madison Square Park, the Flatiron Building, and some of the city’s best dining, shopping, and transit.
Key Features:
Prime NoMad / Flatiron District Location:
- Situated on West 27th Street, a vibrant commercial corridor in the heart of NoMad (North of Madison Square Park) and the Flatiron District — one of Manhattan’s most dynamic, desirable, and rapidly evolving neighborhoods, known for its mix of tech headquarters, creative agencies, fashion showrooms, art galleries, and luxury residential buildings.
- Located between Broadway and Fifth Avenue, placing your business at the center of Midtown South’s booming retail and commercial market.
- Just steps from Madison Square Park (23rd-26th Streets between Fifth and Madison Avenues), a beloved neighborhood hub featuring Shake Shack, Eataly, seasonal events, art installations, and beautiful green space — generating strong foot traffic from office workers, residents, and tourists.
- Minutes from the Flatiron Building (23rd Street and Fifth Avenue), Union Square (14th Street), Chelsea, Gramercy Park, and Koreatown (32nd Street).
High-Traffic, Neighborhood-Serving Corridor:
- West 27th Street between Broadway and Fifth Avenue is a busy commercial corridor, drawing a mix of local residents, office workers, shoppers, art enthusiasts, and tourists.
- Madison Square Park serves as a central gathering place, drawing office workers for lunch breaks, meetings, and events, and creating a vibrant, energetic atmosphere.
- Strong daytime foot traffic from office workers and professionals, plus growing evening and weekend traffic from residents and visitors to nearby restaurants and attractions.
Spacious & Flexible Retail Layout:
- 2,402 SF of generous retail space — ideally sized for a fitness center, restaurant, showroom, art gallery, specialty food market, or service-based business.
- Attractive storefront with excellent street-level visibility on West 27th Street, a busy corridor with constant pedestrian and vehicular flow.
- High ceilings and open floor plan with minimal columns, allowing for easy customization to fit various business needs — from fitness equipment and dining room layouts to retail displays and art installations.
- Large windows providing abundant natural light and prime window display opportunities.
- Potential for back-of-house space, storage, office areas, or a kitchen depending on configuration.
- At $16.65 per square foot, this represents solid value for retail space in this prime NoMad/Flatiron District location.
Excellent Transit Access:
- Moments from the 28th Street subway station (N, Q, R, W) on Broadway and the 28th Street station (1) on Seventh Avenue.
- Close to the 23rd Street station (N, Q, R, W, C, E) , 23rd Street station (1) , and 33rd Street station (6) .
- Short walk to Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
- Multiple bus routes serve Broadway, Fifth Avenue, and 27th Street (M1, M2, M3, M4, M5, M7, M23, M55).
- Convenient for employees, customers, and clients from across the city, Brooklyn, Queens, New Jersey, Long Island, and Westchester.
Vibrant, High-Traffic Customer Base:
- Office workers — thousands of professionals employed in nearby tech headquarters (Google, Meta), creative agencies, and corporate offices, generating strong weekday foot traffic and lunchtime demand.
- Local residents — affluent community of NoMad, Flatiron District, Chelsea, and Gramercy Park, including young professionals, families, and longtime residents.
- Madison Square Park visitors — thousands of daily visitors to the park, including office workers, residents, tourists, and dog walkers.
- Art enthusiasts — visitors to the Chelsea Gallery District (19th-26th Streets between 10th and 11th Avenues), one of the world’s premier art destinations.
- Shoppers and tourists — visitors to the Flatiron District, Madison Square Park, and nearby attractions.
- Ideal for businesses such as:
- Fitness center (gym, yoga, Pilates, cycling)
- Full-service restaurant or café
- Showroom or design studio (fashion, home, tech)
- Art gallery or exhibition space
- Specialty food market or grocery
- Medical or dental practice
- Beauty salon or spa
Highlights:
✔ 2,402 SF of prime retail space in NoMad / Flatiron District
✔ $40,000/month — solid value at $16.65 per square foot
✔ Attractive storefront with excellent visibility on a busy Midtown South corridor
✔ Steps from Madison Square Park, Flatiron District, and Union Square
✔ High ceilings and open floor plan — ideal for fitness, restaurant, showroom, or gallery
✔ Strong foot traffic — office workers, residents, tourists, and art enthusiasts
✔ Excellent transit access — N, Q, R, W, 1, C, E, 6, B, D, F, M trains, plus Penn Station
Conclusion:
17 W 27th Street offers an excellent opportunity for businesses seeking prime, well-located retail space in the heart of NoMad / Flatiron District — one of Manhattan’s most dynamic, desirable, and centrally located neighborhoods. With 2,402 SF of flexible, high-ceiling space, a prime West 27th Street location steps from Madison Square Park, and access to a diverse, high-traffic customer base of office workers, residents, tourists, and art enthusiasts, this property is perfect for fitness centers, restaurants, showrooms, art galleries, or specialty food markets looking to thrive in one of New York City’s most vibrant and rapidly evolving neighborhoods — all at a solid value of under $17 per square foot.
Contact us today to schedule a private tour and secure this premier NoMad / Flatiron District retail space!