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Rent Office 50 West 23rd Street

$ / SF SF Monthly Rent
Negotiable
7,800
Negotiable
$ / SF SF Monthly Rent
$ 24
10,400
$ 20,800

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 14th St & Washington Street $ 90
7,900
$ 59,579
Address $ / SF SF Monthly Rent
Greene St & Between Canal Street $ 74
4,900
$ 30,420
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 46
1,900
$ 7,362
Address $ / SF SF Monthly Rent
W 26th St & Twelfth Avenue $ 65
18,300
$ 99,125
Address $ / SF SF Monthly Rent
W 22nd St & Between 6th Avenue $ 39
4,300
$ 13,975
W 27th St & Between 6th Avenue $ 44
5,000
$ 18,125
W 27th St & Avenue of Americas $ 30
5,700
$ 14,012
Address $ / SF SF Monthly Rent
W 27th St & Avenue of Americas $ 52
2,000
$ 8,666
Seventh Ave & West 28th Street $ 43
2,300
$ 8,241
W 27th St & Seventh Avenue $ 36
1,700
$ 5,100
W 30th St & Seventh Avenue $ 30
1,600
$ 4,066
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & Between West 13th Street $ 45
2,500
$ 9,375
W 26th St & Eleventh Avenue $ 32
4,000
$ 10,500
W 23rd St & Avenue of America $ 40
5,600
$ 18,666
W 25th St & Seventh Avenue $ 37
4,900
$ 15,108
Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 40
1,600
$ 5,333
Fifth Ave & Between West 13th Street $ 45
2,000
$ 7,500
W 27th St & Seventh Avenue $ 34
1,800
$ 5,100
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1702 $ 775
Interior office/person $ 1350 $ 1202 $ 525
Team Rooms $ 10100 $ 8452 $ 5025
Suites $ 20100 $ 12452 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & West 21st Street $ 80
15,000
$ 100,625
Seventh Ave & West 29th Street $ 87
7,800
$ 56,550
Address $ / SF SF Monthly Rent
W 28th St & Between 7th Avenue $ 100
2,600
$ 21,666
Seventh Ave & West 29th Street $ 52
5,100
$ 22,312
Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 52
2,400
$ 10,500
Address $ / SF SF Monthly Rent
Madison Square W & West 25th Street $ 47
12,500
$ 48,958
W 24th St & Between 6th Avenue $ 66
20,400
$ 113,050
W 11th Ave & Between 6th Avenue $ 60
10,400
$ 51,566
W 24th St & Avenue of the Americas $ 62
12,100
$ 62,516
Fifth Ave & West 18th Street $ 48
7,000
$ 28,291
W 28th St & Eighth Avenue $ 56
12,800
$ 59,733
W 25th St & Avenue of the Americas $ 70
10,300
$ 59,654
W 21st St & Avenue of the Americas $ 56
13,100
$ 61,679
W 25th St & Eleventh Avenue $ 52
9,000
$ 39,375
W 25th St & Seventh Avenue $ 37
8,000
$ 24,666
W 30th St & Seventh Avenue $ 34
7,700
$ 22,137
W 29th St & Eight Avenue $ 37
7,500
$ 23,125
Address $ / SF SF Monthly Rent
W 30th St & Seventh Avenue $ 35
3,200
$ 9,333
W 24th St & Between 6th Avenue $ 52
4,000
$ 17,333
W 21st St & Fifth Avenue $ 58
5,300
$ 25,616
W 25th St & Avenue of the Americas $ 55
4,200
$ 19,250
W 27th St & Avenue of the Americas $ 39
5,000
$ 16,250
W 26th St & Avenue of America $ 38
4,600
$ 14,566
W 22nd St & Avenue of the Americas $ 62
5,500
$ 28,416
Seventh Ave & West 28th Street $ 49
5,600
$ 22,866
W 30th St & Eighth Avenue $ 36
5,200
$ 15,600
Eighth Ave & West 26th Street $ 47
4,500
$ 17,625
W 27th St & Avenue of America $ 42
2,500
$ 8,854
Fifth Ave & West 18th Street $ 52
2,600
$ 11,375
W 27th St & Seventh Avenue $ 42
2,800
$ 9,683
W 24th St & Avenue of America $ 72
2,600
$ 15,491
Fifth Ave & East 30th Street $ 60
3,500
$ 17,645
Address $ / SF SF Monthly Rent
W 27th St & Seventh Avenue $ 38
2,400
$ 7,500
W 29th St & Seventh Avenue $ 41
2,400
$ 8,200
Fifth Ave & East 30th Street $ 58
2,200
$ 10,725
Seventh Ave & West 30th Street $ 52
1,900
$ 8,154
W 29th St & Avenue of Americas $ 57
1,600
$ 7,600
W 30th St & Seventh Avenue $ 36
2,400
$ 7,200
Broadway & West 25th Street $ 57
2,000
$ 9,500
W 20th St & Avenue of the Americas $ 42
1,800
$ 6,300
W 21st St & Avenue of the Americas $ 65
1,600
$ 8,666
W 25th St & Eleventh Avenue $ 49
2,000
$ 8,235
W 27th St & Avenue of the Americas $ 40
2,400
$ 8,100
Address $ / SF SF Monthly Rent
W 22nd St & Fifth Avenue $ 55
11,900
$ 54,541
W 29th St & Seventh Avenue $ 38
7,000
$ 22,166
W 26th St & Avenue of the Americas $ 31
9,300
$ 24,025
W 26th St & Seventh Avenue $ 58
17,600
$ 85,800
W 19th St & Avenue of Americas $ 58
11,500
$ 55,104
W 27th St & Avenue of Americas $ 44
11,300
$ 40,962
W 20th St & Avenue of the Americas $ 56
11,100
$ 52,262
W 26th St & Between 7th Avenue $ 36
8,200
$ 24,600
W 27th St & Eighth Avenue $ 40
7,200
$ 24,000
W 29th St & Eight Avenue $ 40
8,600
$ 28,666
Address $ / SF SF Monthly Rent
W 29th St & Seventh Avenue $ 36
2,500
$ 7,500
W 29th St & Seventh Avenue $ 37
4,800
$ 14,800
W 26th St & Seventh Avenue $ 45
4,200
$ 15,750
W 19th St & 6th Avenue $ 45
4,500
$ 16,875
W 19th St & Avenue of the Americas $ 54
4,800
$ 21,600
W 30th St & Eighth Avenue $ 45
5,300
$ 19,875
W 28th St & Avenue of the Americas $ 45
5,000
$ 18,750
W 29th St & Avenue of the Americas $ 36
5,100
$ 15,300
W 29th St & Seventh Avenue $ 38
3,000
$ 9,500
W 22ND St & Between 5th Avenue $ 65
4,100
$ 22,208
Broadway & West 26th Street $ 65
4,000
$ 21,666
Address $ / SF SF Monthly Rent
W 25th St & Seventh Avenue $ 45
2,200
$ 8,250
W 25th St & Seventh Avenue $ 42
1,900
$ 6,729
W 21st St & Avenue of the Americas $ 36
2,100
$ 6,300
W 29th St & Avenue of the Americas $ 36
2,100
$ 6,300
W 22nd St & Fifth Avenue $ 48
2,100
$ 8,312
W 27th St & Eighth Avenue $ 42
1,900
$ 6,570
W 29th St & Eight Avenue $ 78
2,400
$ 15,500
Seventh Ave & West 29th Street $ 47
2,400
$ 9,400
W 21st St & Avenue of the Americas $ 44
1,900
$ 6,966
Seventh Ave & West 27th Street $ 47
1,600
$ 6,266
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 50 West 23rd Street. This trend is projected to continue. Opportunities for subleases remain available at 50 West 23rd Street and in the nearby Chelsea neighborhood.
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50 West 23rd Street Property Overview

Building Address: 50 W 23rd St, New York NY 10010
Building Name: 50 W 23rd Street
Building Alternate Address: 50 W 23rd St
Zip Code:10010
Neighborhood:Chelsea
Borough:Manhattan
Stories:14
Year Built:1925
Building Class:B
Block & lot:00824-0015

50 West 23rd Street in Manhattan, NYC, known historically as the Jewelcor Building, was originally completed in 1925. Situated in the Madison Square area of Midtown South, the building was developed initially as a factory and commissary for the restaurant chain Schrafft's. The 1925 structure features Art Deco style glazed terracotta embellishments on its otherwise industrial concrete facade, which includes factory windows with ventilators.

In the mid-1950s, specifically between 1954 and 1956, a ten-story industrial-style addition was constructed adjacent to the original building. This extension was designed in a simpler aesthetic with unembellished cast concrete piers and spandrels and factory-style windows, consistent with its continued industrial use.

Over the decades, 50 West 23rd Street transitioned from its original factory use to office space. It underwent significant renovations, including a comprehensive modernization in 2012 that introduced updated amenities such as flexible floor plates, a renovated lobby, 24/7 concierge service, and a rooftop garden serving as an outdoor workspace and event space. These upgrades have made it attractive to technology and media companies as well as creative industry businesses.

The building encompasses approximately 340,504 rentable square feet of Class B office space over 14 floors, along with retail and showroom space. Its location offers convenient access to multiple subway lines and is near prominent landmarks such as the Flatiron Building and Madison Square Park.

Most recently, there have been proposals to convert parts of the existing office tower at 50 West 23rd Street to residential use, reflecting evolving neighborhood dynamics. Despite these changes, the building's exterior facade from the original 1925 construction is intended to be preserved, respecting its historic architectural significance.

50 West 23rd Street, Manhattan, New York, NY 10010

50 West 23rd Street is a 14-story Beaux-Arts cast-iron office building located in the heart of Manhattan’s Flatiron district. Originally built in 1906 and fully renovated over the years, including a major update in 2012, it offers over 340,000 square feet of Class B Midtown South office space spanning 14 floors. The building features flexible floor plates, a newly renovated lobby, tenant-controlled air conditioning, operable windows, and a rooftop garden that serves as an outdoor workspace and event space.

Situated between Fifth and Sixth Avenues, the building benefits from proximity to numerous public transit options including the F, M, R, and W subway lines at 23rd Street, PATH trains, and a short walk to Madison Square Park and the iconic Flatiron Building. The retail spaces at street level have glass doors, display windows, building signage, and benefit from heavy foot traffic and accessibility with prominent retailers nearby.

Property Features

  • 14 Stories, 340,504 rentable square feet of office space
  • 9,000 square feet of retail space plus a 3,000-square-foot showroom
  • 24/7 concierge service and controlled access
  • Rooftop garden and sky terrace with outdoor seating
  • Central air conditioning and finished ceilings approximately 13 feet high
  • Loading dock access and secure storage available
  • High ceilings and open-plan office layouts
  • Nearby amenities include Madison Square Park, popular restaurants, retail, and fitness centers

Location and Accessibility

Located in Manhattan’s Midtown South submarket within the Flatiron District, 50 West 23rd Street offers excellent connectivity via nearby subway stations: 23rd Street (F, M), 23rd Street (N, R), and PATH trains. Multiple bus lines and major avenues are within walking distance, facilitating easy transit across Manhattan and beyond.

Notable Neighbors and Area Attractions

The building is near Madison Square Park, the Flatiron Building, and a variety of well-known retail and dining establishments including Panera Bread, Perspire Sauna Studio, Home Depot, Lifetime Fitness, Best Buy, Eataly, and Starbucks.

Building Facts

Year Built1906
Last Major Renovation2012
Total Rentable Square Feet340,504 SF (Office)
Retail Space9,000 SF plus 3,000 SF showroom
Stories14
Building ClassClass B
Building TypeOffice with commercial retail
Ceiling HeightApproximately 13 feet

Building Amenities

  • Beaux-Arts cast-iron architecture
  • Fully renovated interiors (2012)
  • 12'-14' ceilings with hardwood floors
  • 24,000-square-foot flexible floor plates
  • Operable windows & tenant-controlled air conditioning
  • Newly renovated lobby with 24/7 concierge
  • Rooftop garden & outdoor workspace
  • Sky terrace & event space
  • Bicycle storage & secure storage areas
  • Central air conditioning throughout
  • High visibility retail spaces (13' ceilings)
  • Near Madison Square Park & transit hubs (F/M/R/W trains)
  • Bus line access & controlled building entry

50 W 23rd St, Manhattan, NYC Office Tenants

Notable tenants at 50 W 23rd St include tech startups and media firms, such as Dailymotion, Dropbox, SoundCloud, Foursquare, theSkimm, Datavision, and Grovo. Other current tenants are Bizzabo, Clinch, Engine, Kaiyo, and Trustpilot.


At 50 W 23rd St, Manhattan, NYC, residents have access to several internet providers, though specific availability within the building itself may vary. The area is generally well-covered by providers like Verizon (Fios), Spectrum, and Astound Broadband (powered by RCN). Verizon Fios offers high-speed fiber internet, while Spectrum provides cable and some fiber options. Astound Broadband also offers both cable and fiber services.

Internet Providers Near 50 W 23rd St:

  • Verizon Fios - Known for its fast speeds with plans starting at $49.99.
  • Spectrum - Offers cable and some fiber options with speeds up to 1 Gbps.
  • Astound Broadband - Provides low-cost plans with fiber and cable options.

Other Nearby Options:

  • L90 - Located nearby, offering various internet services, though details about their specific offerings at 50 W 23rd St are not readily available.

Location and Cross Streets

50 West 23rd Street is located in the heart of Manhattan's Flatiron district, between 22nd and 23rd Streets. It is near Madison Square Park and the iconic Flatiron Building.

Nearby Subway Access

  • 23rd Street station serving the F and M lines (approximately 5 minutes walking distance)
  • 23rd Street station serving the N and R lines at Madison Square Park

Nearby Bus Routes

  • M23-SBS along 23rd Street
  • M11, M12, M14D-SBS along nearby avenues
  • Other nearby bus stops within a 1 to 7 minute walk include stops at 10 Av/W 19 St, 11 Av/W 18 St, and 12 Av/W 23 St

Additional Transportation Options

The location also offers convenient access to PATH trains and is well connected by multiple transit options, making it easy to reach from other parts of Manhattan and surrounding boroughs.


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About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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