Chelsea, Manhattan, NY Commercial Inventory Breakdown
Office Spaces
Total: 47,417,431 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
- 50k to 100k SF: 3,502,824 SF / 7.39% of total office
- 100k to 500k SF: 12,310,577 SF / 25.96% of total office
- 500k to 1M SF: 6,641,629 SF / 14.01% of total office
- > 1M SF: 24,962,401 SF / 52.64% of total office
By class:
- Class A+: 4,077,557 SF / 8.6% of total office
- Class A: 20,743,926 SF / 43.75% of total office
- Class B: 16,357,244 SF / 34.5% of total office
- Class C: 1,508,328 SF / 3.18% of total office
Top 10 Largest Office Buildings
in Chelsea
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 111 Eighth Avenue | 111 8th Avenue, 10011 | 2,950,000 | 1931 |
| One Penn Plaza | 250 West 34th Street, 10001 | 2,524,000 | 1967 |
| 250 West 34th Street | Penn1, 10119 | 2,445,142 | 1972 |
| Starrett Lehigh Building | 601 West 26th Street, 10001 | 2,300,000 | 1929 |
| Starrett Lehigh Building | 601 West 26th Street, 10001 | 2,300,000 | 2000 |
| Manhattan West | One Manhattan West, 10001 | 2,077,557 | 2019 |
| One Manhattan West | 401 9th Avenue, 10001 | 2,077,557 | 2019 |
| Five Manhattan West | 450 West 33rd Street, 10001 | 1,765,000 | 1969 |
| Two Penn Plaza | 2 Penn Plaza, 10001 | 1,533,329 | 1969 |
| 11 Penn Plaza | 393 7th Avenue, 10001 | 1,150,000 | 1926 |
Largest Office Properties Recently Completed
in Chelsea
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| The Farley Building | 372 9th Avenue, 10001 | 859,600 | 2021 |
| 28 & 7 | 322 7th Avenue, 10001 | 105,000 | 2021 |
| The Warehouse | 520 West 20th Street, 10011 | 98,060 | 2020 |
| The Frame Building | 541 West 21st Street, 10011 | 67,000 | 2020 |
| 542 West 22nd Street | 542 West 22nd Street, 10011 | 36,000 | 2020 |
| One Manhattan West | 401 9th Avenue, 10001 | 2,077,557 | 2019 |
| 512W22 | 510 West 22nd Street, 10011 | 172,700 | 2018 |
| 540 West 26th Street | 540 West 26th Street, 10001 | 166,810 | 2018 |
| 855 Avenue of the Americas | 855 Avenue of the Americas, 10001 | 532,076 | 2016 |
| Herald Center | 1311 Broadway, 10001 | 250,000 | 2015 |
Chelsea Demographics
Population
- Total Population48,108
- Male Population(51.0 %) 24,544
- Female Population(49.0 %) 23,564
- Median Age39.00
Income/Financial
- Average Household Income$177,929
- Median Household Income$115,556
- Median Income Under 25$60,836
- Median Income 25-44$160,274
- Median Income 45-64$112,402
- Median Income Over 65$61,750