Looking for Affordable Chelsea Office Space? Check Out These 5 Listings Under $5K per Month

21 August, 2019 / Alan Rosinsky

Finding affordable office space in New York City can be a daunting task, especially if you have a tight budget and not a lot of wiggle room in terms of location. If you’re just gearing up to launch your own business, or you’re looking for a new office space in a good Manhattan location, then you might want to set up shop in Chelsea.

This Midtown South submarket is home to various startups, tech companies and other creatives, but you’ll also find numerous small law firms, advertising and PR agencies, art galleries and showrooms, so you’ll be in good company. The former industrial warehouses sprinkled across Chelsea have been converted to open and flexible loft spaces, which can accommodate a wide range of uses and different types of tenants.

We’ve rounded up 5 listings of Chelsea office spaces that ask less than $5,000 in rent per month. They’re all conveniently located close to Penn Station and other transportation options, and they feature modern amenities and the possibility to customize the space to suit your business needs. Check them out below and contact our brokers to find out more:

Broadway-Facing Loft Space Available for Rent

This airy, loft-style space would make a great setting for a small startup office, a small law practice or a design firm, as it offers an open-floor plan bathed in natural light. Occupying part of the ninth floor at 1140 Broadway, this 1,130-square-foot Chelsea office space features hardwood floors, high ceilings and windows, and central air conditioning. The 16-story, Class B office building at 1140 Broadway also incorporates an attended lobby. The landlord is asking $4,426 per month, or $47 per square foot for the space.

Open-Plan Space for Rent in Chelsea’s Art Gallery District

Located at 530 West 25th Street, a Class C commercial building in the heart of Chelsea’s art gallery district, this open-plan space would make a great fit for an art gallery or an architecture or design firm. The space features 14-foot ceilings, high windows that let in plenty of natural light, concrete floors, and tenant-controlled air conditioning. The West 25th Street building was converted from residential to office space in 1958, and is currently home to various creative companies and art galleries. The monthly rent for the 956-square-foot space is $3,944, and lease terms are negotiable.

Affordable Office Space for Rent Just Steps from Penn Station

This small office space is conveniently located just steps away from Penn Station, and offers stunning views of the Midtown Manhattan skyline. Located on the eighth floor of the Class B office building at 352 7th Avenue, the 400-square-foot space is ideal for a startup, an accountant’s office or a solo law practice. The large, open-plan space features drop ceilings and is fully carpeted, while the building offers on-site ownership and a 24/7 attended lobby. The monthly rent is just $1,500 per month, including garbage removal and electric, which is a rare find in such a well-connected location.

Charming Office Penthouse Available for Lease in NoMad

This charming fourth-floor penthouse in the heart of NoMad is just a short walk from Penn Station at 55 West 28th Street. The industrial-style loft features 1,150 square feet of open-plan space, and would work great for either a general office or a gym, pilates or yoga studio. Amenities include hardwood floors, exposed brick walls, a private bathroom and wet pantry, and a flexible, customizable open layout. The space is available on a three- to five-year lease term, and the monthly rent is $3,899 per month, or $41 per square foot.

Well-maintained Office Fit for a Small Business Near Penn Station

This loft-style office space is located within the Class B commercial building at 115 West 30th Street, in close proximity to all the public transportation options at Penn Station. Featuring 881 square feet of Chelsea office space, this would make a great office for a small business seeking a well-maintained, industrial-style space in a convenient Midtown location. The space is in good condition, featuring open ceilings with pendant lighting fixtures, a windowed office and an open-floor area, window units, and 11-foot ceilings. Building amenities include modern, renovated common areas, and a 24/7 attended lobby. The landlord is seeking a three- to five-year lease term for the space, and a monthly rent of $3,597 per month.

Are you thinking of setting up your business in a convenient location in Manhattan, and are looking to lease space in a modern building offering state-of-the-art amenities? Then reach out to us and we will show you worthwhile space situated right in the heart of New York City. To learn about available office space, call Metro Manhattan Office Space at (212) 444-2241 or email us at [email protected].

Alan Rosinsky, Principal Broker, Metro Manhattan Office Space
ABOUT THE AUTHOR Alan Rosinsky Principal Broker, Metro Manhattan Office Space Since 2004, Alan has negotiated over 400 leases with NYC’s leading landlords and brokers, representing startups and established businesses in industries like technology, private equity, healthcare, retail, and fashion. A New Yorker since 1983, he brings extensive experience and insight into commercial leasing across Manhattan, Brooklyn, and Queens, helping business tenants negotiate the best possible terms for their ideal spaces.

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