| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 4,800 |
Negotiable |
| Negotiable | 12,700 |
Negotiable |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 870 |
| Interior office/person | $ 1350 | $ 800 | $ 620 |
| Team Rooms | $ 10100 | $ 8050 | $ 5120 |
| Suites | $ 20100 | $ 12050 | $ 7120 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & West 21st Street | $ 80 | 15,000 |
$ 100,000 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 28th St & Between 7th Avenue | $ 100 | 2,600 |
$ 21,666 |
| Seventh Ave & West 29th Street | $ 53 | 5,100 |
$ 22,525 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 54 | 2,400 |
$ 10,700 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Square W & West 25th Street | $ 46 | 12,500 |
$ 48,437 |
| W 24th St & Between 6th Avenue | $ 66 | 20,400 |
$ 112,200 |
| W 11th Ave & Between 6th Avenue | $ 59 | 10,400 |
$ 51,133 |
| W 24th St & Avenue of the Americas | $ 61 | 12,100 |
$ 61,508 |
| W 28th St & Eighth Avenue | $ 55 | 12,800 |
$ 58,666 |
| W 25th St & Avenue of the Americas | $ 69 | 10,300 |
$ 59,225 |
| W 21st St & Avenue of the Americas | $ 56 | 13,100 |
$ 61,133 |
| W 20th St & Eleventh Avenue | $ 38 | 12,000 |
$ 37,500 |
| 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 | $ 43 | 2,500 |
$ 8,958 |
| Fifth Ave & West 18th Street | $ 53 | 2,600 |
$ 11,483 |
| W 27th St & Seventh Avenue | $ 42 | 2,800 |
$ 9,800 |
| W 24th St & Avenue of America | $ 72 | 2,600 |
$ 15,600 |
| Fifth Ave & East 30th Street | $ 61 | 3,500 |
$ 17,791 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 27th St & Seventh Avenue | $ 38 | 2,400 |
$ 7,700 |
| W 29th St & Seventh Avenue | $ 42 | 2,400 |
$ 8,400 |
| Fifth Ave & East 30th Street | $ 60 | 2,200 |
$ 10,908 |
| Seventh Ave & West 30th Street | $ 52 | 1,900 |
$ 8,312 |
| W 29th St & Avenue of Americas | $ 57 | 1,600 |
$ 7,600 |
| W 30th St & Seventh Avenue | $ 37 | 2,400 |
$ 7,400 |
| Broadway & West 25th Street | $ 58 | 2,000 |
$ 9,666 |
| W 20th St & Avenue of the Americas | $ 43 | 1,800 |
$ 6,450 |
| W 21st St & Avenue of the Americas | $ 66 | 1,600 |
$ 8,800 |
| W 25th St & Eleventh Avenue | $ 50 | 2,000 |
$ 8,401 |
| W 27th St & Avenue of the Americas | $ 42 | 2,400 |
$ 8,300 |
| W 30th St & Eighth Avenue | $ 47 | 1,700 |
$ 6,658 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 22nd St & Fifth Avenue | $ 55 | 11,900 |
$ 54,541 |
| W 26th St & Seventh Avenue | $ 58 | 17,600 |
$ 84,333 |
| W 19th St & Avenue of Americas | $ 57 | 11,500 |
$ 54,625 |
| W 27th St & Avenue of Americas | $ 43 | 11,300 |
$ 40,491 |
| W 20th St & Avenue of the Americas | $ 56 | 11,100 |
$ 51,800 |
| W 29th St & Seventh Avenue | $ 34 | 10,000 |
$ 28,333 |
| W 19th St & Avenue of the Americas | $ 58 | 11,800 |
$ 57,525 |
| 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 29th St & Seventh Avenue | $ 38 | 7,000 |
$ 22,166 |
| 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 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 |
$ 8,487 |
| W 27th St & Eighth Avenue | $ 42 | 1,900 |
$ 6,729 |
| W 29th St & Eight Avenue | $ 78 | 2,400 |
$ 15,700 |
| Seventh Ave & West 29th Street | $ 48 | 2,400 |
$ 9,600 |
| W 21st St & Avenue of the Americas | $ 45 | 1,900 |
$ 7,125 |
| Seventh Ave & West 27th Street | $ 48 | 1,600 |
$ 6,400 |
511 West 25th Street represents a premier opportunity for creative enterprises and tech-forward firms looking to anchor their brand in the heart of the High Line district. From a brokerage perspective, this asset capitalizes on the persistent demand for high-ceiling industrial aesthetics combined with prime Manhattan location. We advise clients that securing a footprint in this West Chelsea submarket offers significant long-term value retention and appreciation, as the area continues to outperform traditional office cores by blending luxury lifestyle amenities with a globally recognized hub for innovation and the arts.
| Building 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:
511 W 25th St, Manhattan, NYC has been home to several notable tenants over the years.
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.
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:
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:
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.