| Bulding Address: | 511 W 25th St, New York NY 10001 |
| Building Name: | Iron Works Building |
| Building Alternate address: | 511 W 25th St |
| Zip Code: | 10001 |
| Neighborhood: | Chelsea |
| Borough: | Manhattan |
| Stories: | 9 |
| Year Built: | 1917 |
| Building Class: | C |
| Block & lot: | 00697-0023 |
511 W 25th St, Manhattan, NYC - The Iron Works
History of the Building
The Iron Works at 511 West 25th Street in Manhattan's Chelsea was built in 1917. Situated near the High Line, this 9-story, 83,612 sqft office building with commercial spaces has been a significant part of New York's art gallery district.
Over the years, the building underwent renovations, most recently in 2018. It is known for its unobstructed views of the High Line and its strategic location, attracting various investments and tenants.
In previous years, notable transactions included a purchase by Prudential Real Estate Investors (PREI) and L&L Holding Company in a joint venture for $160 million in 2014. Artemis Real Estate Partners acquired a stake in 2019 for nearly $155 million.
Recently, Robert Moser's Prime Group and Empire Capital Holdings acquired the property for $50 million, aiming to convert it into self-storage and office space after the departure of major tenant WeWork.
This conversion reflects a broader trend in NYC's office market, where underutilized spaces are repurposed for alternative uses like storage.
511 West 25th Street, Manhattan, NYC is known as
Iron Works and is located in the Chelsea neighborhood. It is a 9-story commercial building built in 1917 and last altered in 2018, with 53 commercial units in total. The property features high ceilings and natural light, making it ideal for creative firms and galleries in the area. It is situated near The High Line, Pace Gallery, and Hudson Yards, offering prime accessibility via the West Side Highway or a stroll along The High Line. The neighborhood is vibrant with numerous art galleries, tech companies, and eclectic dining options. The building was purchased on January 21, 2025, for $49,500,000 and has an estimated property tax of $1,548,608.
511 W 25th St, Manhattan, NYC offers the following building amenities:
- WiFi
- Heating
- Air Conditioning
- Free Drinking Water
- Free Coffee
- Printing Services
- 24-Hour Access
511 W 25th St, Manhattan, NYC has been home to several notable tenants over the years.
- WeWork: Previously occupied 60,000 square feet from floors two to nine before vacating the space as part of its bankruptcy restructuring.
- Target: One of the office tenants in the Ironworks complex.
- Bismarck Philips Communications and Media: A public relations firm also located in the complex.
The building is part of the Ironworks complex, a nine-story structure located near the High Line in Chelsea. It was sold to Prime Group Holdings in late 2023 with plans for a mix of self-storage and office use.
Internet Providers at 511 W 25th St, Manhattan, NYC
Several high-speed internet providers serve the building at 511 W 25th St, also known as the Iron Works Building, located in Chelsea, Manhattan. Key providers include:
- Verizon Fios: Offers fiber-optic service with speeds up to 2.3 Gbps. Known for reliability and excellent customer service.
- Astound Broadband Powered by RCN: Provides both cable and fiber internet with speeds up to 1.5 Gbps. Known for competitive pricing and unlimited data usage.
- Spectrum: Available widely in Manhattan with cable and fiber options. Speeds up to 1 Gbps and no data caps.
All three providers offer plans suitable for both residential and commercial use, including options for bundled services with TV and phone.
Transportation options to 511 W 25th Street in Manhattan include:
- Bus Routes: 34TH ST, M11, M23-SBS, Q32, SHORTLINE HUDSON.
- Train: Empire Service.
- Subway Lines: 1, 2, 7, C, E, 7X, A.
- Nearest Subway Station: 34 St-Hudson Yards (11-minute walk).
- Nearest Bus Stop: 10 Av/W 25 St (2-minute walk).
Cross Streets: 10th Avenue and West 25th Street.
511 W 25th Street is located in Chelsea, a vibrant neighborhood known for its art galleries, proximity to the High Line, and access to Penn Station and Hudson Yards.