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Rent/Lease Office 55-59 Chrystie Street
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| Negotiable |
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Astor Pl & Cooper Square | $ 49 | 13,400 |
$ 54,716 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Greene St & Between Canal Street | $ 76 | 4,900 |
$ 31,033 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & East Houston Street | $ 47.5 | 1,900 |
$ 7,520 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & East Houston Street | $ 55 | 13,200 |
$ 60,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & East Houston Street | $ 66 | 4,300 |
$ 23,650 |
| Broadway & Broome Street | $ 110 | 5,400 |
$ 49,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Broome Street | $ 110 | 2,500 |
$ 22,916 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Howard Street | $ 63 | 3,000 |
$ 15,750 |
| Eldridge St & Hester Street | $ 32.5 | 4,000 |
$ 10,833 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broome St & Greene Street | $ 42 | 2,000 |
$ 7,000 |
| Broadway & Howard Street | $ 62 | 2,200 |
$ 11,366 |
| Wooster St & Broome Street | $ 70 | 1,800 |
$ 10,500 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Howard Street | $ 110.5 | 7,500 |
$ 69,062 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E Broadway & Between Pike Street | $ 80 | 3,000 |
$ 20,000 |
| Broadway & East Houston | $ 81 | 3,700 |
$ 24,975 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Spring St & Lafayette Street | $ 84.5 | 11,500 |
$ 80,979 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Elizabeth St & Prince Street | $ 90 | 3,500 |
$ 26,250 |
| Broadway & Howard Street | $ 51.5 | 2,500 |
$ 10,729 |
| Broadway & Grand Street and Howard Street | $ 59.5 | 5,600 |
$ 27,766 |
| Broadway & East Houston Street | $ 41.5 | 5,500 |
$ 19,020 |
| Wooster St & Spring Street | $ 85 | 6,800 |
$ 48,166 |
| Mulberry St & Hester Street | $ 44 | 3,000 |
$ 11,000 |
| Allen St & Between Canal Street | $ 51 | 3,500 |
$ 14,875 |
| Greene St & Broome Street | $ 104.5 | 4,500 |
$ 39,187 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Spring St & Broome Street | $ 84.84 | 1,600 |
$ 11,312 |
| Broadway & East Houston Street | $ 70 | 1,800 |
$ 10,500 |
| Broadway & Howard Street | $ 55.67 | 2,300 |
$ 10,670 |
| Broadway & Grand Street and Howard Street | $ 88.5 | 2,400 |
$ 17,700 |
| Centre St & Broome Street | $ 62 | 1,700 |
$ 8,783 |
| Mott St & Grand Street | $ 51 | 2,000 |
$ 8,500 |
| Bowery & Between Canal Street | $ 58 | 1,500 |
$ 7,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Howard St & Between Mercer Street | $ 90 | 7,100 |
$ 53,250 |
| Broadway & Spring Street | $ 103 | 42,200 |
$ 362,216 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between Broome Street | $ 42 | 3,000 |
$ 10,500 |
| Eldridge St & Hester Street | $ 35 | 3,500 |
$ 10,208 |
| Delancey St & Ludlow Street | $ 56 | 6,500 |
$ 30,333 |
| Wooster St & Broome Street | $ 57.4 | 2,500 |
$ 11,958 |
| Howard St & Between Mercer Street | $ 91 | 6,000 |
$ 45,500 |
| Broadway & Spring Street | $ 59 | 3,200 |
$ 15,733 |
| Broadway & Prince Street | $ 41 | 2,800 |
$ 9,566 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lafayette St & Between Broome Street | $ 58.5 | 1,800 |
$ 8,775 |
| Wooster St & Broome Street | $ 58.13 | 1,600 |
$ 7,750 |
| Howard St & Between Mercer Street | $ 93 | 2,000 |
$ 15,500 |
Retail Spaces for Rent at 55-59 Chrystie Street
Rent Retail 55-59 Chrystie Street
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 45 | ||
| $ 45 |
Rent Medical Space at 55-59 Chrystie Street
- Stardust Studios Inc. leased 6,000 SF at 591 Broadway
- Autumn Entertainment Partners leased 6,000 SF at 54 Thompson St
- John Houshman leased 5,000 SF at 31 Howard St
- Spring Studios leased 5,000 SF at 120 Wooster St
- Ashes and Snow leased 5,000 SF at 210 Elizabeth St
- Common Cause/NY leased 3,800 SF at 155 Avenue of the Americas
- Billie leased 3,602 SF at 100 Crosby Street
- Pam Bristow LLC leased 3,500 SF at 407 Broome St
- Bright Red Pixels leased 3,100 SF at 265 Canal St
- Dallimore & Co. leased 2,800 SF at 160 Mercer St
- CB2 leased 18,000 SF at 451 Broadway
- New York Public Library leased 16,000 SF at 285 Lafayette Street
- Aritzia leased 15,000 SF at 524 Broadway
- Michael Kors leased 15,000 SF at 520 Broadway
- Spirit Halloween Superstores leased 14,000 SF at 428 Broadway
- Mitchell Gold + Bob Williams leased 12,000 SF at 210 Lafayette St
- Alo Yoga leased 11,000 SF at 96 Spring Street
- Mulberry leased 10,700 SF at 134 Spring St
- Sur La Table leased 10,000 SF at 75 Spring St
- Levi's leased 10,000 SF at 495 Broadway
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
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
55-59 Chrystie Street Property Overview
| Building Address: | 55-59 Chrystie Street, New York NY 10002 |
| Building Alternate Address: | 55-59 Chrystie St |
| Zip Code: | 10002 |
| Neighborhood: | Soho |
| Borough: | Manhattan |
| Stories: | 6 |
| Year Built: | 1900 |
| Building Class: | B |
| Block & lot: | 00303-0027 |
55-59 Chrystie Street, Manhattan, NYC
History of the Building
55-59 Chrystie Street is a six-story office/retail building located in the heart of Manhattan's Chinatown. The property was originally built in 1900 as a garment factory.
In 1982, CTW Realty purchased the building for approximately $1 million. Over the years, they invested about $5 million in renovations, transforming parts of the building into office spaces to attract tenants from the art and media industries.
Notably, in the 1980s, the hip-hop group Beastie Boys rented a full floor of the building. They used it as their home, recording studio, and "party palace." The group even referenced the property in their song "B-Boy Bouillabaisse" from the iconic album Paul's Boutique.
The property faced financial challenges, leading to a default on a $25.1 million loan in 2018. CTW Realty filed for Chapter 11 bankruptcy to avoid foreclosure. In 2020, the building was sold to Jeffrey Lam of Lam Generation for $28.6 million through a bankruptcy auction.
55-59 Chrystie Street is a significant property in Manhattan, New York City. It is a 6-story elevator building known for its architectural importance, featuring a mix of office and retail spaces across its floors. Located in the vibrant Lower Manhattan area, it offers a considerable 46,365 square feet of space with 75 feet of frontage. Historically, the building was once associated with the Beastie Boys as their home and recording studio in their early career.
The area is strategically positioned at the crossroads of the Lower East Side and Chinatown, with easy access to major subway lines and bridges connecting to Brooklyn. The property is also notable for its proximity to Sara Roosevelt Park, providing a serene setting amidst the bustling city.
Notable features of the building include its exposed brick, hardwood floors, and vaulted ceilings, which reflect the classic charm of New York City. Outdoor spaces such as a water tower on the rooftop and a fire escape add to its unique charm.
55-59 Chrystie Street Building Amenities
- Exposed Brick, Archways, and Vaulted Ceilings: Unique architectural charm.
- Hardwood Floors
- Rooftop and Private Outdoor Terraces: Views of the Manhattan Bridge and Sara Roosevelt Park.
- Skylights and Natural Light: Abundant throughout the building, especially on the top floor.
- High Ceilings
- 24 Hour Access
- Bus Line and Metro/Subway Access
- Kitchen Facilities
- Bicycle Storage
- Sound Studio and Staging Kitchen
This building is located at the crossroads of Lower East Side and Chinatown, near multiple transportation options and Brooklyn.
55-59 Chrystie Street, Manhattan, NYC
Located in the Lower East Side of Manhattan, 55-59 Chrystie Street is a 6-story elevator building known for its architectural significance, featuring 75 feet of frontage. The property includes both retail and office spaces. Historically, the building was associated with the Beastie Boys, who used part of it as their home and recording studio.
Historical Notable Tenant
- Beastie Boys: The group used this location as a home and recording studio during their early career.
Current Tenant Information
Recent information on current tenants is not readily available. The building is currently in bankruptcy.
The building located at 55-59 Chrystie Street in Manhattan, NYC, is equipped with multiple high-speed internet providers and fiber optic connectivity. This setup ensures reliable and fast internet access for occupants.
55-59 Chrystie Street in Manhattan, NYC, offers convenient access to various transportation options:
Subway Lines: The building is close to several subway stations, including Grand Street (B, D trains) and Canal Street (6, J, Z, N, R, Q, W, A, C, E trains).
Bus Routes: Nearby bus stops serve routes M15, M103, B39, and others.
Train: The PATH train is another option, providing connections to nearby areas.
Cross Streets: Chrystie Street is between Canal Street and Grand Street in Lower Manhattan.
- Stardust Studios Inc. leased 6,000 SF at 591 Broadway
- Autumn Entertainment Partners leased 6,000 SF at 54 Thompson St
- John Houshman leased 5,000 SF at 31 Howard St
- Spring Studios leased 5,000 SF at 120 Wooster St
- Ashes and Snow leased 5,000 SF at 210 Elizabeth St
- Common Cause/NY leased 3,800 SF at 155 Avenue of the Americas
- Billie leased 3,602 SF at 100 Crosby Street
- Pam Bristow LLC leased 3,500 SF at 407 Broome St
- Bright Red Pixels leased 3,100 SF at 265 Canal St
- Dallimore & Co. leased 2,800 SF at 160 Mercer St
- CB2 leased 18,000 SF at 451 Broadway
- New York Public Library leased 16,000 SF at 285 Lafayette Street
- Aritzia leased 15,000 SF at 524 Broadway
- Michael Kors leased 15,000 SF at 520 Broadway
- Spirit Halloween Superstores leased 14,000 SF at 428 Broadway
- Mitchell Gold + Bob Williams leased 12,000 SF at 210 Lafayette St
- Alo Yoga leased 11,000 SF at 96 Spring Street
- Mulberry leased 10,700 SF at 134 Spring St
- Sur La Table leased 10,000 SF at 75 Spring St
- Levi's leased 10,000 SF at 495 Broadway
Nothing else matters Software Testimonial
To whom it may concern:
I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Donald H. Rutherford
CFO
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.