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Energy Star Midtown Office Building
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245 W 29th St, New York, NY 10001

17-story office building with Energy Star certification, passenger elevators, concrete floors, and 24-hour access.

Space Size1,648 SF
Days on Market949

Property Features for 245 W 29th St

General Information

Standard status Active
Size 1,648 SF
Property subtype OFFICE

Site & Location

Neighborhood Midtown Manhattan

Amenities

24-hour building access
plenty of natural light
passenger elevators (3)
Energy Star certified

Building Details

Year Built 1929
Stories 17
Tenancy Multi

Spaces For Lease

at 245 W 29th St
245 W 29th St AVAILABLE, Now
Floor 11
Size 1,648 SF
Type OFFICE
Rate Contact for pricing
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 (3)
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Listing Agency: Koeppel Rosen LLC
Listed By: Max P. Koeppel
Source: Moodyscre
Added: Mar 21, 2024 Changed: Oct 17 Last Checked: Oct 24 at 8:49PM

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

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Investment Insights

Based on property information with market context.

Constructed in 1929, this 17-story office building offers Energy Star certification and a total rentable area of 99,588 square feet. Typical floor plate sizes range from 2,200 to 8,610 rentable square feet. The building features concrete floors, abundant natural light, and 24-hour building access. Passenger elevator service includes three elevators, and the property also includes street-level retail stores.

Located at 245 West 29th Street in Midtown Manhattan’s Chelsea area, the building is near a range of restaurants, hotels, retail, and shopping destinations. On-site dining options include OCabanon and Chelsea Market. Nearby attractions include the Magnet Theater and the Fashion Institute of Technology.

Transit access is supported by proximity to Penn Station, with commuter train service throughout New York and New Jersey. Nearby subway lines include 1, 2, A, C, E, R, and W, and parking garages Quik Park and Icon Parking provide convenient options for tenants and guests.

Key Highlights

  • 17‑story leasable office building at 245 West 29th Street, constructed in 1929
  • 99,588 SF total rentable area with typical floor plates ranging from 2,200 to 8,610 RSF
  • Energy Star certified office building designed by architect Julius Eckman

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Paul Gelsobello Studio Photography Service Anthony Parmelee Photography Photography Service Taoist Tai Chi ... Sports School Genine Esposito Photography Photography Service M Wild's Studio (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care Parking Lot & Garage Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

62,020
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$53.75 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
41,112 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - 17-story office building with Energy Star certification, passenger elevators, concrete floors, and 24-hour access.
Where is this office building located?
The property is located at 245 W 29th St New York, NY.
What are key features of this property?
This property features: 17‑story leasable office building at 245 West 29th Street, constructed in 1929; 99,588 SF total rentable area with typical floor plates ranging from 2,200 to 8,610 RSF; Energy Star certified office building designed by architect Julius Eckman
(212) 249-1855 Call to check price and availability
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