In current times, when players like Amazon are enabling people to buy products with a single keystroke, and as foot traffic has slowed, there are still areas where brick-and-mortar retailers can thrive. Manhattan is king in this industry, flooded daily by residents and tourists alike. While the city’s retail market might be going through a bit of a slump, showrooms and art galleries continue to thrive. Below we’ve selected six showroom spaces currently available for lease, which can very well cater to the needs of creative tenants. Check them out and contact our brokers for more information.
Showroom or office space in the Garment District
Located in the Garment District at 144 W. 37th St., this 1,500-square-foot space is on the sixth floor of a boutique building a few blocks from Penn Station. It features an open-plan layout with its own private bathroom and wet pantry, which makes it suitable for both showroom and office use. The unit displays exposed brick walls and ceilings, which give it a chic look, complemented by hardwood floors and large windows facing 37th Street.
The building’s lobby is open during business hours Monday through Friday, but tenant access to the office spaces is 24/7. Moreover, the landlord is willing to negotiate the build-out. The space is available immediately for a 3 to 10-year lease term, and the asking price is $38 per square foot, or $4,750 per month.
Affordable Chelsea Market loft unit
Totaling 2,450 square feet on the sixth floor of a Class B building in the simmering Chelsea Market area at 121 W. 27th St., this space has an excellent price of $40 per square foot, or $8,167 per month. The unit can be occupied right away for a lease term between 5 to 10 years.
The loft space is close to Penn Station and Long Island Rail Road and features an open-floor plan with five south-facing units, exposed bricks, 11-foot ceilings, new wood flooring and tenant-controlled AC units. The building features a high level of security with a 24/7-attended lobby and keycard access to the individual units.
The unit can be leased as is (white box), but the landlord is open to invest in preparing the unit for the future tenant.
Industrial-style unit on Eighth Avenue
This loft office space spans 3,350 square feet directly off the elevator of a Class B building at 545 Eighth Ave., which is a short walk from Penn Station and The Port Authority. Featuring an open-plan layout, the unit has plenty of daylight thanks to its 11-foot ceilings and oversized windows facing East and West, ideal for any creative or tech firm tenant. Moreover, the space–which is in a good, white box condition–has a water column inside the unit, and the landlord is willing to build out the space for a quality tenant. The building’s lobby is attended around the clock.
The space is available right away for a for a 5- to 10-year lease term, and can be leased for $40 per square foot, or $11,167 per month.
Entire floor in boutique building near Penn Station
If you are looking for a full-floor identity space, this 2,500-square-foot unit is just the right thing. Located on the 11th floor of the boutique building at 256 W. 36th St., just steps away from Penn Station, the site has an open-plan layout with high ceilings, hardwood floors and windows facing North and South. In addition, it features a conference room, private bathrooms and tenant-controlled HVAC.
The space has keycard access and is available immediately for $49 per square foot, or $10,208 per month, for a lease term of 5 to 10 years.
Various uses for a space on 35th Street
Located on the fifth floor of the 17-story, 135,000-square-foot Class B building at 226 W. 35th St., this 3,100-square-foot space is one block from Penn Station and four blocks from The Port Authority bus terminal. The built-out unit comprises a large bullpen, big enough to fit 20 cubicles, a wet pantry, and has three windows facing 35th Street. Constructed in 1924, the building’s lobby is attended during business hours and has three passenger elevators and a freight elevator. Tenants have access 24/7.
The space is delivered “as is” for an asking rent of $44 per square foot, or $11,367 per month, for a 3- to 7-year lease term, and is available right away.
Front-facing space on Madison Avenue
Situated on the ninth floor of the Class B building at 185 Madison Ave., this 1,400-square-foot, front-facing space is ultra bright and features a conference room and a wet pantry, as well as tenant-controlled HVAC. The building is equipped with a freight elevator and is close to Penn Station and Grand Central Terminal.
The asking rent is $54 per square foot, or $6,300 per month, for a lease term ranging from 5 to 10 years. The space is available immediately.
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.