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Energy Star Certified Midtown Office Building
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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.

Property Size1,405 SF
Days on Market209

Property Features for 245 W 29th St

General Information

Standard status Active
Size 1,405 SF
Elevators Yes
Property subtype OFFICE

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
Listing Agency: Koeppel Rosen LLC
Listed By: Max P. Koeppel
Source: Moodyscre
Added: Jan 5 Changed: Jul 29 Last Checked: Aug 1 at 3:24AM

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.

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

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

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 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 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
(212) 249-1855 Call to check price and availability
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