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Rent/Lease Apartment 508 W 24th St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 508 West 24th Street. This trend is projected to continue. Opportunities for subleases remain available at 508 West 24th Street and in the nearby Chelsea neighborhood.

Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

508 West 24th Street Property Overview

Building Address: 508 W 24th St, New York NY 10011
Building Alternate Address: 508 W 24th St
Zip Code:10011
Neighborhood:Chelsea
Borough:Manhattan
Stories:10
Year Built:2014
Building Class:B

508 West 24th Street, located in Manhattan's Chelsea neighborhood, is a residential building designed by Cary Tamarkin. The site was purchased by Tamarkin in 2011, with construction beginning shortly after. The building's foundations were completed by June 2013, and it was placed on the market by July of the same year.

The building draws inspiration from Bauhaus architecture and features a large clock on its facade facing the High Line, contributing to the area's public art tradition. It is composed of 15 spacious three-bedroom residences, with most units including large private terraces and views of the High Line.

The structure is made entirely of cast-in-place architectural concrete, with alternating bands of concrete and glass creating a powerful aesthetic. The building includes amenities such as a fitness room, a playroom, and a courtyard accessible to all residents.

508 W 24th St, Manhattan, NYC, is a notable address in the heart of West Chelsea. This location is known for its luxury condominiums designed in the spirit of industrial-era warehouses. The building features oversized casement windows, high ceilings, and expansive living spaces with views of the High Line and surrounding cityscape.

Residents enjoy amenities such as a full-time doorman, fitness center, private storage, bike room, and a tranquil courtyard. The area is rich in cultural and recreational opportunities, including Chelsea Market, Chelsea Piers, Hudson Yards, and numerous art galleries.

The High Line, a popular elevated park, is directly adjacent to the building, offering easy access to outdoor spaces and scenic views. Nearby transportation options include the C and E subway lines, making it an ideal location for those seeking convenience and luxury in Manhattan.


Building Amenities at 508 W 24th St, Manhattan, NYC:

  • Full-time door attendants
  • Fitness center
  • Bicycle room
  • Private storage
  • Tranquil courtyard

508 West 24th Street, Manhattan, NYC, is a 10-story building featuring 15 condominium residences and 2 commercial spaces. The building was constructed in 2013 and offers amenities such as a doorman, concierge, exercise room, elevators, central laundry room, and a bike room. It is located in the Chelsea neighborhood, near the High Line elevated park.


Internet providers available at 508 W 24th St, Manhattan, NYC:

  • Verizon Fios: Offers fiber internet with speeds up to 2.3 Gbps.
  • Astound Broadband Powered by RCN: Provides cable and fiber services with speeds up to 1.5 Gbps.
  • Spectrum: Offers cable internet with speeds up to 1 Gbps.
  • T-Mobile Home Internet: Available as a fixed wireless option.

508 W 24th St, Manhattan, NYC is located in the heart of West Chelsea. The cross streets are 10th Avenue and 11th Avenue.

Transportation options include:

  • Subway: The nearest subway stations are 23rd Street (A, C, E lines), located about 0.4 miles away.
  • Bus: Various MTA bus routes are available nearby.
  • Car: Easy access to major highways.

Notable nearby locations include:

  • Parks: Chelsea Recreation Center, The High Line, and Chelsea Park are within walking distance.
  • Shopping Centers: Several shopping centers are located within 1.3 miles.
Nearby Office Tenants Leased
  • Looker Data Sciences, Inc. leased 33,000 SF at 40 West 25th St
  • Restoration Hardware leased 31,874 SF at 437 West 16th St
  • Infor leased 31,500 SF at 641 Sixth Ave
  • The Epoch Times leased 30,267 SF at 229 West 28th St
  • Swedish Institute leased 30,000 SF at 151 West 26th St
  • Alibaba leased 30,000 SF at 860 Washington Street
  • FXFowle Architects leased 27,300 SF at 22 West 19th St
  • Project Worldwide Inc leased 27,178 SF at 412 West 15th Street
  • Alice & Olivia By Stacey B… leased 27,100 SF at 450 West 14th St
  • Riskified leased 27,000 SF at 220 Fifth Avenue
Nearby Retail Tenants Leased
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Fig & Olive leased 5,000 SF at 416 West 13th St
  • Dalup NYC 1 leased 4,955 SF at 350 Seventh Avenue
  • Lumas leased 4,850 SF at 875 Washington Street
  • World of Beer leased 4,500 SF at 260 West 26th St
  • Thursday Boots leased 4,300 SF at 48 West 21st Street
  • Jarick Collections leased 4,200 SF at 426 West 14th Street
  • Nesso Management leased 4,200 SF at 49 West 24th St
  • Isabel Marant leased 4,070 SF at 210 11th Avenue
  • Callen-Lorde leased 4,069 SF at 155 West 19th Street

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial To Whom It May Concern: My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street. I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching. I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan. Very truly yours, John D. Finnerty Managing Principal

Office Buildings in Chelsea