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

17-story office building with 24-hour access, concrete floors, and abundant natural light.

Property Size1,459 SF
Days on Market119

Property Features for 245 W 29th St

General Information

Standard status Active
Size 1,459 SF
Property subtype OFFICE

Amenities

24-hour building access
passenger elevators (2)

Building Details

Year Built 1929
Stories 17
Tenancy Multi
Listing Agency: Koeppel Rosen LLC
Listed By: Max P. Koeppel
Source: Moodyscre
Added: Apr 6 Changed: Jul 27 Last Checked: Aug 1 at 12:39PM

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.

245 W 29th St is a 17-story, Energy Star certified office building constructed in 1929. Typical floor plates range from 2,200 to 8,610 rentable square feet, and the building provides concrete floors and plenty of natural light. Tenant access is available 24 hours, and the building includes two passenger elevators.

The office space is part of a Midtown Manhattan presence that also includes street-level retail. The property is described as being close to restaurants, hotels, retail stores, and shopping malls, with on-site dining options listed as OCabanon and Chelsea Market. Additional nearby destinations mentioned include the Magnet Theater and the Fashion Institute of Technology.

For transportation convenience, the property is noted as being near Penn Station, with commuter trains running throughout New York and New Jersey. Subway service is described as including lines 1, 2, A, C, E, R, and W, and nearby parking garages include Quik Park and Icon Parking.

Key Highlights

  • 17‑story office building constructed in 1929 in Midtown Manhattan’s Chelsea neighborhood
  • 99,588 SF total rentable area with typical floor plates ranging from 2,200 to 8,610 RSF
  • Energy Star certified; designed by architect Julius Eckman

Property 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 Locksmith (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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
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Frequently Asked Questions

What type of property is this?
Office building - 17-story office building with 24-hour access, concrete floors, and abundant natural light.
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 office building constructed in 1929 in Midtown Manhattan’s Chelsea neighborhood; 99,588 SF total rentable area with typical floor plates ranging from 2,200 to 8,610 RSF; Energy Star certified; designed by architect Julius Eckman
(212) 249-1855 Call to check price and availability
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