| Address: | 1201 Broadway | Class: | B |
| Cross Streets: | 28th & 29th streets | Size: | 130,000 SF |
| Year built: | 1930 | Architect: | N/A |
The office building at 1201 Broadway in Midtown South was completed in 1930. Its convenient location in the heart of Chelsea, between 28th and 29th streets, makes it highly appealing to small and midsize companies looking for creative office space. The building was renovated over the years, and currently houses various tenants in industries like architecture and design, PR and advertising, engineering, and technology.
130 KSF of Class B Chelsea Office Space
The property at 1201 Broadway offers 130,000 square feet of Class B Chelsea office space across ten stories. It underwent renovations in the 1980s and then again in 2006, and it’s currently owned and managed by Colliers International.
Floorplates average roughly 13,000 square feet in size and include amenities like tenant-controlled AC, 10’5”-foot ceilings, polished concrete floors, and abundant natural light. There are also close to 25,000 square feet of retail space available in the building.
Further amenities at 1201 Broadway include 24/7 security, a state-of-the-art keycard access system, unobstructed views of the Empire State Building, and a brand new, Art Deco-style renovated lobby.
Getting to and from 1201 Broadway
1201 Broadway is conveniently located in the heart of Chelsea, just a short walk from Penn Station, PATH, and all major subway lines. Those working within the building have easy access to a plethora of shopping, restaurants, and hospitality options nearby, including the Ace Hotel right across the street.
Who is renting office space at 1201 Broadway?
The excellent location and amenities at 1201 Broadway make it ideal for boutique agencies, startups, fashion houses, or any tenant in creative fields. The tenants occupying space in the building are Sayles & Winikoff, Empire Projects, National Electronics, Newcastle Communications, and Corner Table Restaurants, among others.
How much is the rent price for office space at 1201 Broadway?
Office asking rents at 1201 Broadway start somewhere around $60 per square foot, which is well below the average commanded in Midtown South. Chelsea and Flatiron are highly sought-after by startups and technology companies, which pushes rents higher. However, Class B properties like 1201 Broadway offer more affordable rates, access to public transport, and open floor plates perfect for creative businesses.
Image via Google Street View
