At the stated asking rent, the space equates to approximately $320.00 per square foot annually, based on 4,500 SF, with annual base rent of approximately $1,440,000.
The property forms part of a modern mixed-use condominium building containing substantial ground-floor commercial space. Public property information identifies approximately 30,216 square feet of commercial/retail floor area within the building. The residential component contains approximately 43 condominium residences across 10 stories and was completed around 2008.
Key Features
- Asking Rent: $120,000 / month
- Available Space: 4,500 SF
- Annual Base Rent: $1,440,000
- Approximate Rent: $320.00 / SF / year
- Property Type: Retail Storefront
- Lease Type: Commercial Lease
- Building: 100 West 18th Street
- Building Type: Mixed-Use Condominium / Retail
- Building Height: 10 Stories
- Year Built: Approximately 2008
- Location: West 18th Street at the Sixth Avenue corridor
- Neighborhood: Chelsea
- Positioning: Large-format retail opportunity in a dense downtown Manhattan shopping and residential district
- Potential Uses: Flagship retail, fashion, furniture/home furnishings, fitness, wellness, beauty, showroom, experiential retail, specialty food, or other destination-oriented concepts, subject to zoning, permitted use, venting, and lease terms
- Visibility: Strong positioning near Sixth Avenue with access to substantial pedestrian, residential, office, and shopping activity
- Transit Access: Convenient access to multiple subway lines through nearby 14th Street, 18th Street, and 23rd Street stations
Building & Location
100 West 18th Street is a modern mixed-use property situated in central Chelsea near Sixth Avenue. StreetEasy identifies the property as a 10-story condominium completed in 2008, while public property information indicates that the building contains more than 30,000 square feet of commercial space in addition to its residential component.
The location places the retail space near the intersection of several major downtown Manhattan neighborhoods, including Chelsea, Flatiron, Union Square, and Greenwich Village. Sixth Avenue provides a major north-south retail and transportation corridor, while West 18th Street connects the property to Chelsea’s residential, office, gallery, and hospitality districts.
The surrounding blocks contain a dense mixture of residential buildings, offices, restaurants, cafés, fitness and wellness operators, grocery stores, fashion retailers, home-furnishing stores, and other destination retail concepts.
Neighborhood Highlights
Chelsea is one of Manhattan’s most established mixed-use neighborhoods, combining affluent residential density with major retail corridors, offices, restaurants, hotels, galleries, entertainment destinations, and significant pedestrian activity.
The property is conveniently positioned between Union Square and the Flatiron District, while Chelsea Market, the High Line, the Meatpacking District, Madison Square Park, and Fifth Avenue are accessible from the surrounding neighborhood.
The Sixth Avenue corridor provides significant retail exposure and benefits from customers generated by the surrounding residential population, nearby office workers, commuters, tourists, and destination shoppers.
Transportation is another major advantage. Nearby subway service provides convenient connections to Midtown, Downtown, Brooklyn, and other parts of Manhattan, increasing the potential trade area for a destination retailer.
The combination of Chelsea’s residential demographics, substantial pedestrian activity, proximity to multiple downtown neighborhoods, and a large 4,500-square-foot footprint makes the space particularly relevant for operators seeking a significant Manhattan flagship or destination location.
Financial Snapshot
At an asking rent of $120,000 per month, annual base rent is approximately $1,440,000.
Based on approximately 4,500 square feet, the stated asking rent equates to approximately $320.00 per square foot per year, or approximately $26.67 per square foot per month.
Given the substantial base rent, prospective tenants should carefully evaluate frontage, ceiling heights, ground-floor versus lower-level square footage, existing infrastructure, delivery condition, signage rights, permitted use, and anticipated sales productivity when assessing the economics of the space.
Additional rent, real estate tax escalations, common-area expenses, utilities, insurance, tenant improvements, percentage rent if applicable, security requirements, and other occupancy costs should be confirmed during lease negotiations.
Summary
The approximately 4,500 SF retail opportunity at 100 West 18th Street, New York, NY 10011, is offered at an asking rent of $120,000 per month, equivalent to approximately $320.00 per square foot annually.
Located in the heart of Chelsea near Sixth Avenue, the property benefits from a dense surrounding residential and commercial population, significant retail activity, convenient transportation, and proximity to Flatiron, Union Square, Greenwich Village, the High Line, and the Meatpacking District. The building itself contains a substantial commercial component within a modern mixed-use condominium development.
With a large 4,500-square-foot footprint and prominent downtown Manhattan positioning, the space represents a potential flagship opportunity for fashion, fitness, wellness, home furnishings, experiential retail, specialty food, or other high-volume destination concepts, subject to permitted use and final lease terms.