Office space in Chelsea.
At a glance
Building stock
Robust early-20th-century lofts and converted warehouses — high ceilings, big windows, large bays — alongside boutique conversions and select new construction. Floorplates suit open, collaborative layouts.
Rent posture
A premium creative market: prime loft space leads the Midtown South range, with the broader district more accessible.
Office inventory
8,444,626 SF of office space across 104 office buildings — 67 of them 50,000 SF or larger, averaging a 1916 vintage.
Under 50,000 SF
37 buildings, 1,054,464 SF total, averaging a 1914 vintage.
50,000 to 150,000 SF
58 buildings, 5,107,060 SF total, averaging a 1915 vintage.
150,000 to 500,000 SF
8 buildings, 1,749,422 SF total, averaging a 1922 vintage.
500,000 SF and larger
1 building, 533,680 SF total, averaging a 1928 vintage.
Source: NYC Department of City Planning, MapPLUTO (fetched July 2026) — counting only true office buildings: 10,000 SF of office or more, office above grade (not a ground-floor office under apartments), purpose-built or converted loft/office-condo stock. Spatially joined to DLS’s 31 mapped submarkets.
Where rents sit
Asking rent, $/SF · Average: median of five published market reports, second quarter 2026. They range from $83 to $94. Class A from the two reports that publish it. Outliers exist in every submarket. In Chelsea, office space can be found in the $40s per square foot, and prime space above $100.
Questions
What does office space cost in Chelsea?
In the second quarter of 2026, office space in Chelsea averaged $89 per square foot a year in asking rent, the median of five published market reports. What a tenant signs depends on the building, the floor, the term and the concessions.
What is the office market like in Chelsea?
Chelsea is a West Side creative-office district of converted lofts and galleries around Chelsea Market and the High Line, leased heavily by technology, media, and design firms. DLS Commercial Real Estate represents tenants here, negotiating loft space, character, and terms against a competitive Midtown South market.
