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Gallery Space in Chelsea
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551 W 27th St, New York, NY

White box gallery space available for rent in Chelsea.

Property Size3,000 SF
Lot Size0.41 Acres
Days on Market597

Property Features for 551 W 27th St

General Information

Standard status Active
Size 3,000 SF
Lot size 0.41 Acres
Property subtype RETAIL
Listing Agency: Nest Seekers International | Long Island City - Court Square
Listed By: Melissa Alonso
Source: Moodyscre
Added: Dec 11, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:39AM

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 Nest Seekers International | Long Island City - Court Square

Investment Insights

Based on property information with market context.

This is a 3,000 square-foot white box gallery space located on West 27th Street between 10th and 11th Avenues. The space offers retail ground-level opportunities with negotiable rent and long-term lease options. It features high ceilings and an industrial loft-like feel, creating an ideal showcase for artwork.

Key Highlights

  • Ground level retail space.
  • Negotiated rent with long‑term lease.
  • White box gallery space.

Property Analytics

Current Use

Solco Plumbing Supply Plumbing Service

Suggested Use

Top Pick Auto Parts Store Pet Grooming Service Nursing Home Buffet Adult Day Care Clothing & Fashion Store

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
$4,500.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
9,368 visits/mo 0.3 miles
Family Dollar Shops & Services
8,166 visits/mo 0.5 miles
Sunoco Shops & Services
2,932 visits/mo 0.4 miles
Marathon Shops & Services
1,889 visits/mo 0.4 miles

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

This space is priced 33373% above the average of $89.62 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - White box gallery space available for rent in Chelsea.
Where is this retail space located?
The property is located at 551 W 27th St New York, NY.
What is the lease rate?
The lease rate is $30,000.
What are key features of this property?
This property features: Ground level retail space.; Negotiated rent with long‑term lease.; White box gallery space.
(646) 403-7311 Call to check price and availability
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