Rent Office 245-247 West 29th Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| $ 39 | 2,100 |
$ 6,825 |
| $ 39 | 3,600 |
$ 11,700 |
| $ 39 | 12,000 |
$ 39,000 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 4,400 |
Negotiable |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 788 |
| Interior office/person | $ 1350 | $ 800 | $ 538 |
| Team Rooms | $ 10100 | $ 8050 | $ 5038 |
| Suites | $ 20100 | $ 12050 | $ 7038 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| 5th Ave & West 15th Street | Negotiable | 9,500 |
Negotiable |
| Seventh Ave & West 29th Street | Negotiable | 7,800 |
Negotiable |
| Avenue of the Americas & Between West 21st Street | Negotiable | 28,700 |
Negotiable |
| Fifth Ave & West 21st Street | $ 80 | 15,000 |
$ 100,625 |
| Fifth Ave & West 23rd Street | Negotiable | 32,400 |
Negotiable |
| W 27th St & Broadway | Negotiable | 11,600 |
Negotiable |
| 9th Ave & West 14th Street | Negotiable | 8,800 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 52 | 5,100 |
$ 21,887 |
| W 13th St & Ninth Avenue | Negotiable | 5,500 |
Negotiable |
| W 27th St & Broadway | Negotiable | 6,800 |
Negotiable |
| 9th Ave & West 14th Street | Negotiable | 5,400 |
Negotiable |
| W 20th St & Tenth Avenue | Negotiable | 6,400 |
Negotiable |
| 8th Ave & Between West 14th Street | Negotiable | 4,500 |
Negotiable |
| W 28th St & Between 7th Avenue | $ 100 | 2,600 |
$ 21,666 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 52 | 2,400 |
$ 10,500 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 28th St & Eighth Avenue | Negotiable | 12,800 |
Negotiable |
| 5th Ave & West 15th Street | Negotiable | 9,500 |
Negotiable |
| W 28th St & Avenue of the Americas | Negotiable | 12,100 |
Negotiable |
| W 24th St & Avenue of the Americas | Negotiable | 12,100 |
Negotiable |
| W 21st St & Eleventh Avenue | Negotiable | 8,000 |
Negotiable |
| Madison Square W & West 25th Street | $ 46 | 12,500 |
$ 48,437 |
| Seventh Ave & West 28th Street | Negotiable | 13,200 |
Negotiable |
| W 21st St & Avenue of the Americas | Negotiable | 13,100 |
Negotiable |
| Fifth Ave & West 21st Street | Negotiable | 15,000 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 28th St & Eighth Avenue | Negotiable | 5,800 |
Negotiable |
| W 29th St & Seventh Avenue | Negotiable | 5,500 |
Negotiable |
| W 27th St & Avenue of America | Negotiable | 5,000 |
Negotiable |
| W 27th St & Broadway | Negotiable | 5,900 |
Negotiable |
| W 27th St & Avenue of the Americas | Negotiable | 5,500 |
Negotiable |
| W 21st St & Avenue of the Americas | Negotiable | 5,400 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| 5th Ave & West 15th Street | Negotiable | 2,100 |
Negotiable |
| W 27th St & Seventh Avenue | $ 38 | 2,400 |
$ 7,500 |
| W 20th St & Avenue of the Americas | $ 42 | 1,800 |
$ 6,300 |
| W 27th St & Avenue of the Americas | Negotiable | 2,400 |
Negotiable |
| W 21st St & Avenue of the Americas | $ 65 | 1,600 |
$ 8,666 |
| W 25th St & Eleventh Avenue | Negotiable | 2,000 |
Negotiable |
| W 25th St & Seventh Avenue | $ 61 | 2,000 |
$ 10,166 |
| Seventh Ave & West 30th Street | $ 52 | 1,900 |
$ 8,154 |
| Broadway & West 25th Street | Negotiable | 2,000 |
Negotiable |
| W 13th St & Ninth Avenue | Negotiable | 1,800 |
Negotiable |
| W 29th St & Avenue of Americas | Negotiable | 1,900 |
Negotiable |
| Fifth Ave & East 30th Street | $ 58 | 2,200 |
$ 10,725 |
| Broadway & West 26th Street | Negotiable | 1,700 |
Negotiable |
| Seventh Ave & West 28th Street | Negotiable | 2,400 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 26th St & Avenue of the Americas | Negotiable | 9,300 |
Negotiable |
| W 29th St & Seventh Avenue | Negotiable | 10,000 |
Negotiable |
| W 27th St & Avenue of Americas | Negotiable | 11,300 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | Negotiable | 3,800 |
Negotiable |
| W 19th St & 6th Avenue | Negotiable | 4,100 |
Negotiable |
| W 29th St & Seventh Avenue | Negotiable | 2,500 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | Negotiable | 2,200 |
Negotiable |
| Washington St & West 14th Street | Negotiable | 2,000 |
Negotiable |
| W 29th St & Avenue of the Americas | $ 36 | 2,100 |
$ 6,300 |
| Eleventh Ave & West 24th Street | Negotiable | 1,600 |
Negotiable |
| W 27th St & Eighth Avenue | $ 42 | 1,900 |
$ 6,570 |
| Broadway & West 26th Street | Negotiable | 1,900 |
Negotiable |
| W 21st St & Avenue of the Americas | $ 36 | 2,100 |
$ 6,300 |
| W 26th St & Seventh Avenue | Negotiable | 2,400 |
Negotiable |
| W 25th St & Eleventh Avenue | Negotiable | 2,100 |
Negotiable |
| W 22nd St & Fifth Avenue | Negotiable | 2,100 |
Negotiable |
| W 29th St & Avenue of Americas | Negotiable | 2,200 |
Negotiable |
| W 30th St & Seventh Avenue | Negotiable | 1,800 |
Negotiable |
Positioned at the nexus of Chelsea and the Penn District, 245-247 West 29th Street represents a premier opportunity for creative or tech-forward firms seeking the quintessential Manhattan loft aesthetic. From a brokerage perspective, this property excels due to its high-ceiling volumes and proximity to the Moynihan Train Hall, offering unparalleled regional accessibility that drives long-term tenant retention. We view this asset as a strategic play for businesses prioritizing a high-identity location within one of New York City’s most resilient commercial submarkets, where the blend of architectural character and modern infrastructure continues to command premium market rents.
Lease 245-247 West 29th Street
Rent 245-247 West 29th Street Property Overview
| Building Address: | 245-247 W 29th St, New York NY 10001 |
| Building Alternate Address: | 245-247 W 29th St |
| Zip Code: | 10001 |
| Neighborhood: | Chelsea |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1928 |
| Building Class: | C |
| Block & lot: | 00779-0013 |
The Historic Legacy of 245-247 West 29th Street: A Jewel of Manhattan’s Fur District
Nestled in the heart of North Chelsea, 245-247 West 29th Street stands as a testament to the architectural ambition of early 20th-century Manhattan. This premier commercial property offers more than just square footage; it provides a tangible connection to the industrial evolution of New York City, making it a prestigious address for modern businesses seeking a blend of character and sophistication.
Architectural Heritage and Design
Constructed in 1912, the building is a masterwork designed by the renowned architectural firm George & Edward Blum. The Blum brothers were celebrated for their unique application of Art Nouveau and Secessionist influences on New York’s commercial skyline. The facade of 245-247 West 29th Street features their signature intricate terra-cotta ornamentation and bold geometric patterns, distinguishing it from the more traditional Neo-Renaissance structures of the era.
The building’s design was revolutionary for its time, prioritizing "light and air"—a necessity for the artisans and merchants who first occupied the space. Today, those same oversized windows and high ceilings serve as the foundation for expansive, sun-drenched loft offices that cater to the creative and tech industries.
The Epicenter of the Fur District
Throughout the mid-1900s, 245-247 West 29th Street served as a pivotal hub within Manhattan’s historic Fur District. This enclave, centered between 26th and 30th Streets, was the global capital of the fur trade. The building housed master furriers, showrooms, and wholesalers, contributing to a vibrant ecosystem of craftsmanship that defined the neighborhood’s economic identity for decades.
The robust construction—characterized by heavy floor-load capacities and reinforced steel—was originally designed to support industrial machinery, a feature that now provides modern tenants with exceptional structural integrity and acoustic privacy.
The Modern Transformation of North Chelsea
As the "Penn District" and North Chelsea have evolved into a global destination for commerce, 245-247 West 29th Street has transitioned from its industrial roots into a sophisticated commercial landmark. Its proximity to Penn Station, the High Line, and Hudson Yards places it at the crossroads of New York’s most significant urban revitalizations.
- Timeless Aesthetic: The preserved masonry and lobby details offer an immediate sense of corporate stability and prestige.
- Creative Infrastructure: The open-plan layouts typical of the 1912 design are perfectly suited for modern collaborative work environments.
- Strategic Connectivity: Situated near major transit hubs, the building remains a prime location for talent acquisition across the tri-state area.
A Legacy Address for Future Growth
Choosing a location like 245-247 West 29th Street is a strategic decision for firms that value New York City’s rich history while looking toward the future. The building’s journey from a garment-era powerhouse to a modern professional hub mirrors the resilience and dynamism of Manhattan itself. For businesses looking to establish a footprint in a neighborhood defined by both heritage and innovation, this historic property remains an unparalleled choice.
Prime Commercial Opportunity at 245-247 West 29th Street, Manhattan
Located in the heart of Chelsea and the dynamic Penn District, 245-247 West 29th Street stands as a premier destination for businesses seeking a sophisticated Manhattan presence. This iconic loft-style building offers an unparalleled combination of historic architectural character and modern functionality, making it one of the most sought-after addresses for creative agencies, tech firms, and professional services.
Strategic Location & Connectivity
Positioned between 7th and 8th Avenues, 245-247 West 29th Street provides businesses with elite access to New York City’s primary transit hubs. A short walk to Pennsylvania Station, Moynihan Train Hall, and multiple subway lines (1, 2, 3, A, C, E, N, Q, R, W) ensures seamless commuting for talent and easy access for clients from across the Tri-State area.
Building Features & Workspace Environment
- Classic Loft Architecture: Experience high ceilings, oversized windows, and expansive open floor plans that maximize natural light.
- Versatile Layouts: Whether you require a collaborative open-concept studio or a traditional executive suite, the floor plates offer maximum flexibility.
- Modern Infrastructure: Upgraded elevators, secure 24/7 access, and high-speed fiber connectivity designed for today’s digital-first enterprises.
- Renovated Common Areas: Professional lobby entrance that reflects the prestige of your business.
The Chelsea Advantage
Establishing your headquarters at 245-247 West 29th Street places you at the intersection of commerce and culture. The surrounding neighborhood is home to world-class dining, the High Line, and a thriving community of industry leaders. This vibrant ecosystem not only boosts brand visibility but also serves as a powerful tool for employee retention and recruitment.
Secure Your Space in Manhattan’s Most Dynamic Hub
As the demand for high-quality commercial space in Chelsea continues to rise, 245-247 West 29th Street remains a top-tier choice for growing companies. Our brokerage team specializes in navigating the complexities of the NYC real estate market to secure the most favorable terms for your business.
Request a Private Tour & Market Analysis
Unlock the potential of your next office or showroom. Contact our commercial specialists today for current availability, floor plans, and comprehensive pricing data for 245-247 West 29th Street.
245-247 West 29th Street Amenities
Premium Building Amenities at 245-247 West 29th Street
Discover a sophisticated professional environment at 245-247 West 29th Street, a premier commercial destination in the heart of Chelsea’s vibrant business corridor. This historic loft-style building combines classic Manhattan architecture with modern infrastructure designed to support high-growth creative, tech, and professional firms.
Professional Infrastructure & Security
- Attended Lobby: A renovated, professional entrance providing a secure and welcoming first impression for clients and staff.
- 24/7 Key Card Access: Comprehensive round-the-clock access allows your team the flexibility to operate on any schedule.
- Modernized Vertical Transportation: Reliable passenger elevators and dedicated high-capacity freight elevators to streamline logistics and daily operations.
Prime Workspace Features
- Iconic Loft Architecture: Featuring soaring ceiling heights and expansive open floor plates that facilitate collaborative layouts.
- Exceptional Natural Light: Oversized windows provide abundant sunlight throughout the day and offer stunning views of the Midtown South skyline.
- Adaptive Floor Plans: Versatile spaces that easily accommodate custom build-outs, from private executive offices to modern open-plan bullpens.
Connectivity & Technology
- High-Speed Fiber Connectivity: The building is serviced by multiple high-tier internet service providers, ensuring the bandwidth necessary for data-intensive businesses.
- Advanced Climate Control: Efficient HVAC systems and tenant-controlled heating options to maintain a comfortable working environment year-round.
- On-Site Management: Dedicated property management team focused on maintaining a high standard of building maintenance and tenant satisfaction.
Unrivaled Location & Transit Access
Positioned at the crossroads of Chelsea and NoMad, 245-247 West 29th Street offers unparalleled convenience for commuting teams:
- Transit Proximity: Minutes from Penn Station (LIRR, NJ Transit, Amtrak) and PATH trains.
- Subway Access: Immediate access to the 1, 2, 3, A, C, E, N, Q, R, and W lines.
- Neighborhood Lifestyle: Surrounded by Manhattan’s best dining, coffee shops, and fitness centers, just blocks from the High Line and Madison Square Park.
Schedule a Private Tour
Position your company in one of Manhattan’s most sought-after commercial districts. Reach out to discuss your space requirements and receive a curated overview of the modern workplace solutions available at 245-247 West 29th Street.
245-247 West 29th Street: Insight into Manhattan’s Dynamic Office Market
Located in the heart of Chelsea—specifically the thriving North Chelsea/Penn Plaza submarket—245-247 West 29th Street stands as a premier example of Manhattan’s versatile commercial real estate. As businesses reassess their physical footprints in New York City, this building continues to attract high-velocity leasing activity from sectors ranging from creative agencies to tech startups and established professional services.
The Appeal of the North Chelsea Corridor
The consistent demand for office space at 245-247 West 29th Street is driven by its strategic location. Situated between Seventh and Eighth Avenues, the property benefits from the massive infrastructure investments surrounding Penn Station and Moynihan Train Hall. This connectivity makes it a top choice for firms requiring easy commutes for talent located across the tri-state area.
- Transit Connectivity: Immediate access to the 1, 2, 3, A, C, and E subway lines, plus LIRR, NJ Transit, and Amtrak.
- Local Amenities: Proximity to the High Line, Hudson Yards, and a diverse array of upscale dining and fitness options.
- Business Ecosystem: A vibrant mix of TAMI (Technology, Advertising, Media, and Information) tenants and traditional fashion showrooms.
Tenant Profile and Leasing Trends
Recent data regarding 245-247 West 29th Street indicates a strong preference for "plug-and-play" loft environments. Historically, the building has successfully leased units to firms looking for authentic New York City character combined with modern infrastructure. These spaces often feature high ceilings, hardwood floors, and expansive windows that provide the natural light essential for employee productivity and retention.
The office market in this district has seen a shift toward mid-sized suites, where tenants prioritize flexible lease terms and high-speed fiber connectivity. Data suggests that the building’s floor plates are particularly conducive to open-plan layouts, which remain popular for collaborative industries.
Market Positioning and Value
For tenants who have recently signed leases or are looking to renew in the Chelsea area, 245-247 West 29th Street offers a competitive value proposition. While neighboring Hudson Yards commands record-breaking rents, this pocket of 29th Street provides a more cost-effective alternative without sacrificing the "Manhattan presence" and neighborhood prestige.
Analyzing recent absorption rates in the 10001 zip code reveals that buildings with updated elevators, secure 24/7 access, and modernized lobbies—like those found at this address—maintain lower vacancy rates than the overall Manhattan average. This stability makes the property a benchmark for local commercial valuations.
Expert Commercial Real Estate Strategy
Navigating the complexities of the Manhattan office market requires more than just looking at available square footage. Understanding the historical leasing performance and the profile of existing tenants at 245-247 West 29th Street allows businesses to make data-driven decisions. Whether you are analyzing market comparables or seeking to understand the leverage tenants currently hold in the Chelsea market, comprehensive data is the key to securing favorable terms.
As market conditions evolve, staying informed on which businesses are moving into the area provides a competitive edge in site selection and lease negotiations.
Internet at 245-247 West 29th Street
Optimized Connectivity at 245-247 West 29th Street: A Digital Advantage for Chelsea Businesses
In the competitive landscape of Manhattan commercial real estate, 245-247 West 29th Street stands out as a high-performance hub for tech-driven enterprises. Located in the heart of the Chelsea/Penn Station submarket, this building provides the robust digital infrastructure essential for creative agencies, tech startups, and professional services that rely on uninterrupted, high-speed data transmission.
Premier Internet Service Providers (ISPs) and Infrastructure
Tenant success at 245-247 West 29th Street is supported by access to a diverse range of Tier 1 and Tier 2 internet service providers. The building’s infrastructure is designed to offer maximum uptime and low-latency connections through several leading carriers:
- Verizon Fios: Benefit from high-speed fiber-optic technology providing symmetrical upload and download speeds, ideal for cloud-based operations and video conferencing.
- Spectrum Business: Scalable coaxial and fiber solutions tailored for small to mid-sized firms requiring reliable day-to-day connectivity.
- Pilot Fiber: Enterprise-grade dedicated internet access (DIA) known for its high-capacity bandwidth and superior reliability within NYC’s commercial corridors.
- Cogent Communications: Global Tier 1 ISP options offering cost-effective, high-bandwidth dedicated internet access.
Advanced Telecommunications Features
Connectivity at 245-247 West 29th Street goes beyond basic internet access. The building’s technical profile supports a variety of advanced business requirements:
- Fiber Redundancy: Access to multiple providers allows for secondary backup lines to ensure business continuity in the event of a carrier outage.
- Point-to-Point Circuits: Secure, private data links for firms managing sensitive information or requiring direct connections to data centers.
- Modernized Risers: Efficient cable management and distribution throughout the building simplify the installation and upgrading of new service lines.
Why Infrastructure Matters in the Chelsea Submarket
As Manhattan’s "Silicon Alley" continues to expand, the demand for "Lit" buildings has never been higher. 245-247 West 29th Street meets these demands by offering the technical foundation necessary for VoIP services, large-scale file sharing, and seamless SaaS integration. For businesses looking to optimize their office tech stack, this location provides a strategic advantage by reducing the costs associated with upgrading digital infrastructure.
Expert Commercial Guidance
Navigating the technical specifications of Manhattan office space is critical to long-term operational success. Our brokerage specializes in identifying assets that align with your firm's technological needs. For a deep dive into the connectivity reports or to evaluate how the infrastructure at 245-247 West 29th Street supports your business goals, contact our advisory team for a comprehensive consultation.
245-247 West 29th Street Access
Prime Commercial Real Estate at 245-247 West 29th Street
Elevate your business presence at 245-247 West 29th Street, a premier commercial destination situated in the heart of Manhattan’s vibrant Chelsea neighborhood. This strategically located property offers mid-block positioning between 7th Avenue and 8th Avenue, providing a prestigious West Side address that commands attention and facilitates growth.
Unrivaled Connectivity and Transportation
For businesses prioritizing accessibility, 245-247 West 29th Street stands as a logistical hub. Its proximity to Penn Station—the busiest transit node in North America—ensures seamless commutes for talent and clients arriving from Long Island, New Jersey, and the Westchester suburbs via LIRR, NJ Transit, and Amtrak.
- Subway Access: Immediate proximity to the 1, 2, and 3 lines at 28th Street and 34th Street-Penn Station. The A, C, and E lines are easily accessible at the 8th Avenue stations.
- Herald Square Hub: A short walk to the B, D, F, M, N, Q, R, and W trains at 34th Street-Herald Square.
- PATH Train: Convenient access to the 23rd Street and 33rd Street PATH stations for direct NJ connectivity.
- Bus Routes: North and Southbound service via the M7 and M20 bus lines on 7th and 8th Avenues.
Strategic Chelsea Location
Located at the intersection of innovation and industry, this West 29th Street location places your firm at the gateway of the Garment District and Hudson Yards. The surrounding area is a dense ecosystem of creative agencies, tech firms, and professional services, offering immense networking potential.
The neighborhood is defined by its rich amenity base, including flagship retail, Michelin-starred dining, and the High Line, making it one of the most sought-after commercial corridors in New York City. Position your brand in a district known for its architectural character and commercial vitality.
Secure Your Position in Manhattan’s Tech and Creative Corridor
In the competitive NYC commercial landscape, location is the ultimate asset. 245-247 West 29th Street offers the infrastructure and transit-oriented advantages necessary for modern enterprise. Whether you are scaling a boutique firm or establishing a satellite headquarters, this Chelsea corridor provides the visibility and accessibility required to thrive in the Manhattan market.
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.