The Frame Building - Office Space Availability

For Lease$95/Sqft/Year

541 West 21st Street, New York, NY 10011

  • Office
  • General Office
  • 8,500 Sqft

The Frame Building, New York, NY 10011 - Office Space for rent

The Frame Building is located at 541 West 21st Street in the Chelsea neighborhood, NY, New York, 10011. The Class B Office building was completed in 2020 and features a total of 67,000 Sqft. There is 1 Office space available for lease at 541 West 21st Street, New York, NY, 10011, totaling 8,500 Sqft. The largest space available has 8,500 Sqft and a rental rate of $95/Sqft/Year.

There are 393 office spaces for lease in the Chelsea neighborhood, totaling 5,998,024 Sqft of available office space. The office space availability for the 10011 zip code is 641,820.76 Sqft, in 79 office spaces. The average asking office rent per sq. ft. in Chelsea is $58.3/sqft/year. For Class A office buildings the average office rate is $73.2/sqft/year, for Class B office buildings the average office rate is $59.07/sqft/year, for Class C office buildings the average office rate is $56.5/sqft/year.

In Chelsea, there are 102 class B office buildings. In Chelsea, there are a total of 7 LEED certified office buildings. In 2020, the same year The Frame Building was built, 254 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 8,210,235 square feet of commercial space. At zip code level, there are 69 commercial properties, of which 67 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $95/Sqft/Year
  • City New York
  • Neighborhood Chelsea
  • Zip Code 10011
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 67,000 Sqft
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2020
  • Date Updated 17 Feb, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Suite # Not Known General Office $95/Sqft/Year 8,500 Sqft
  • Suite Suite # Not Known
  • Space Type General Office
  • Total Space Available 8,500 Sqft
  • Floor From 1 To 8
  • Divisible Space No
  • Min Divisible 8,500 Sqft
  • Max Contiguous 8,500 Sqft
  • Lease Rate $95/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Chelsea Demographics

The average household income in zip code 10011 is $207,287, from a total of 29,128 households. In terms of employment, there are 97.26 % white-collar and 2.74 % blue-collar jobs in zip code 10011.

Population

  • Total Population47,886
  • Male Population(51.4 %) 24,594
  • Female Population(48.6 %) 23,292
  • Median Age36.70

Income/Financial

  • Average Household Income$169,040
  • Median Household Income$108,570
  • Median Income Under 25$61,931
  • Median Income 25-44$147,630
  • Median Income 45-64$100,146
  • Median Income Over 65$52,408

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