Energy Star Certified Midtown Office
For Lease
Contact for pricing
245 W 29th St, New York, NY 10001
17-story office building with typical floor plates between 2,200 and 8,610 rentable square feet and 24-hour access.
Space Size8,760 SF
Property Size99,588 SF
Days on Market783
Property Features for 245 W 29th St
General Information
Standard status
Active
Size
8,760 SF
Elevators
Yes
Property subtype
OFFICE
Lease Type
Modified Gross
Additional Details
Public Transit
Yes
Amenities
24-hour building access
street-level retail stores
Building Details
Year Built
1929
Stories
17
Building Size
99,588 SF
Construction
concrete
Spaces For Lease
at 245 W 29th St
245 W 29th St
$39/SF/Yr
Floor
2
Size
8,760 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Constructed in 1929, 245 West 29th Street is a 17-story leasable office building located in Midtown Manhattan’s Chelsea neighborhood in New York City, New York. The building offers a total rentable area of 99,588 square feet, with typical floor plate sizes ranging between 2,200 and 8,610 rentable square feet. The building was designed by architect Julius Eckman, and is Energy Star certified. The Rosen Group Inc owns 245 West 29th Street.
- 245 West 29th Street office space provides concrete floors, plenty of natural light, 24-hour building access, and street-level retail stores.The building’s clean lines and abundant light make it ideal for creative ventures, and it’s currently home to several artistic businesses, including M Wild photography studio, Genine Esposito Photography, ClampArt gallery, and Alpha Workshops art studio.
- The leasable office space at 245 West 29th Street is also close to several restaurants, hotels, retail stores, and shopping malls. On-site dining options include OCabanon and Chelsea Market, while nearby eateries include Milano, Haymaker Bar & Kitchen, Biricchino, Salumeria Biellese Delicatessen, and Walter’s Bar. The Magnet Theater and the Fashion Institute of Technology are also close by.
- With close proximity to Penn Station, traveling to and from 245 West 29th Street is easy. Penn Station offers access to commuter trains that run throughout New York and New Jersey, and nearby subway stations serve lines 1, 2, A, C, E, R, and W. Local parking garages Quik Park and Icon Parking offer convenient parking for tenants and guests of 245 West 29th Street.
- Passenger elevators (2)
Contact us
Listing Agency:
Koeppel Rosen LLC
(212) 249-1550
Listed By:
Max P. Koeppel
(212) 249-1855
Source:
Moodyscre
Added: Aug 21, 2024
Changed: Oct 8
Last Checked: Oct 11 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Koeppel Rosen LLC
Investment Insights
Based on property information with market context.
Constructed in 1929, this 17-story office building offers leasable space with typical floor plates ranging between 2,200 and 8,610 rentable square feet. The building is Energy Star certified and features passenger elevators (2). Available office space includes concrete floors and access to plenty of natural light, with 24-hour building access for occupants.
Street-level retail stores are located within the building. The building is also noted as being home to several artistic businesses, including a photography studio, a gallery, and an art studio.
245 West 29th Street is positioned in Midtown Manhattan’s Chelsea neighborhood, with nearby restaurants, hotels, retail stores, and shopping. Penn Station is described as being close by, with commuter rail service to throughout New York and New Jersey, and nearby subway lines listed as 1, 2, A, C, E, R, and W.
Street-level retail stores are located within the building. The building is also noted as being home to several artistic businesses, including a photography studio, a gallery, and an art studio.
245 West 29th Street is positioned in Midtown Manhattan’s Chelsea neighborhood, with nearby restaurants, hotels, retail stores, and shopping. Penn Station is described as being close by, with commuter rail service to throughout New York and New Jersey, and nearby subway lines listed as 1, 2, A, C, E, R, and W.
Key Highlights
- 17‑story Energy Star‑certified office building at 245 West 29th Street, constructed in 1929
- Total rentable area: 99,588 SF; typical floor plates range from 2,200 to 8,610 rentable SF
- Passenger elevators: 2
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
62,020
Businesses Nearby
Explore this area
Business Placement
Demographics for 10001, NY
32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value
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Market
Lease Benchmarks for New York, NY
$53.75 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
41,614 SF
Avg Space Size
This space is priced 27% below the average of $53.75 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - 17-story office building with typical floor plates between 2,200 and 8,610 rentable square feet and 24-hour access.
Where is this office building located?
The property is located at 245 W 29th St New York, NY.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: 17‑story Energy Star‑certified office building at 245 West 29th Street, constructed in 1929; Total rentable area: 99,588 SF; typical floor plates range from 2,200 to 8,610 rentable SF; Passenger elevators: 2
