Open ceilings and oversized windows boost your creativity while saving you money.
Open ceilings and oversized windows boost your creativity while saving you money.

NYC Commercial Loft Space Rents are a Great Value 

Commercial Loft Spaces in Manhattan are often less expensive per square foot than traditional office space, but the cavernous ceilings and industrial, urban feel convey an edgy, design sense that many creative firms love. These buildings showcase those century-old, quirky, abandoned factory and warehouse properties with exposed vents and pipes, distinctive molding with flourishes, rough brick walls and huge floor-to-ceiling windows. Commercial lofts can be economical as well as fabulously full of attitude and style.

Alan Rosinsky, principal broker of Metro Manhattan Office Space (212- 447-5403) explains: Unlike traditional office space that has drop ceilings to hide the electrical work, a loft office space in NYC has an overwhelming sense of volume and spaciousness. Through the years, these spaces have been renovated and the ceiling electrical and plumbing fixtures have become part of the allure, making a New York City loft office space very desirable.

Commercial loft space rents per square foot on the side streets of the Garment District and Chelsea are among the lowest in Manhattan. For companies seeking former factory spaces in established neighborhoods such as SoHo, Tribeca or Union Square, rents are substantially higher.

  • Financial District Open Plan Office in Broadway 160 Broadway, Partial 10th Floor, 1,915 S.F. Loft style space with tenant controlled central HVAC unit. 11' ceilings with concrete floors. Bright space with windows facing East and West (Broadway). This space is currently a white box. It could easily be built out with 3-4 offices, a conference room, and an open area for a more office intensive use such as a law firm or accounting firm. Or it would work well as an open plan office rental for a technology or creative firm seeking a wide open space. This building is eligible for all Lower Manhattan Real Estate Incentive benefits. Office
    7979 160 Broadway, Partial 10th Floor, 1,915 S.F.
    160 Broadway New York NY 10038
  • Loft Style Office with Industrial Chic in West 29th Street 231 W. 29th Street, Partial 4th Floor Loft Loft style space located just a short walk from Penn Station. Beautiful creative space with 11' ceiling height and polished concrete floors. The current is condition is a white box, but the landlord will build to suit. Perfect space for tech companies, PR or advertising agencies, architectural firms or any creative user seek open plan space with an industrial feel.   Office
    15400 231 W. 29th Street, Partial 4th Floor Loft
    231 West 29th Street New York NY 10001
  • 14 Ft Ceilings-Office, Loft in West 27th St. 120 West 27th Street Amazing loft space with 14' exposed ceilings and wall of oversized windows facing south. Hardwood floors. Open plan space with dry pantry. Cooling via window units. Construction negotiable. Landlord seeking a 5-7 year lease term. Recently renovated common areas. Lobby attended during business hours.  Well maintained "B" office building; one of the best office rental values in Midtown South. Convenient to Penn Station and local buses and subways. This space would work well for an office use, art gallery or showroom. Office
    10093 120 West 27th Street
    120 West 27th St. New York NY 10001
  • Great Views of Union Square in Broadway 851 Broadway 2,750 Square Foot double corner space with views of Union Square Park. Currently, raw, ownership is planning to pre-build  with 2 conference rooms and a bullpen that will accommodate up to 22 cubicles. Management will install a new tenant controlled package HVAC unit. Existing concrete floors will be sanded and polyurethaned. Ownership seeking a 7-10 year lease commitment. A brand new building lobby has recently been installed. The property has been upgraded with new elevator cabs and building mechanicals. Office
    18333 851 Broadway
    851 Broadway New York NY 10003
  • Plug & Play Union Square Office in Park Avenue South 198 Park Avenue South Wonderful corner space. Great skyline views. Mix of offices and open areas. Tenant controlled HVAC. 11' ceiling height. Approximately 12 built in cubicles. Extensive use of glass. Very bright, cheerful, loft space. Great for any creative or office intensive use. Space currently vacant. Landlord is seeking a 5-10 year lease term. Modifications to existing space negotiable. This Midtown South office listing is in one of the neighborhoods most desirable buildings. Office
    19684 198 Park Avenue South
    198 Park Avenue South New York NY 10003
    • Penthouse Loft
    • 2,191 Sq. Ft.
    • $9,494 / month
    • Madison Avenue
    • Midtown / Grand Central
  • Penthouse Loft in Madison Avenue 273 Madison Avenue Full-floor penthouse office rental in upscale Madison Avenue office building. Currently white box space. Landlord will build to suit. Double corner space with oversized windows facing East, North, and South. Highly efficient layout with low loss factor. Possible to construct up to 5-6 offices, conference room plus a bullpen. Or this space would work well for any tenant (creative agency, Internet or computer programming firm) that requires a mostly open plan. Ownership will install central HVAC. This space is currently vacant. Ownership seeking is seeking a 5-7 year lease term. Electricity billed as submetered. Escalations are 3% plus tenant's proportionate share of any real estate tax increase. Lobby is attended 24/7.  This property is located near Grand Central Station. Office
    9494 273 Madison Avenue
    273 Madison Avenue New York NY 10016

Best Neighborhoods in Manhattan for Commercial Loft Space Rentals

Loft office spaces in NYC can be found as far east as Alphabet City to as far west as Tribeca, SoHo, Greenwich Village and the Meat Packing area. They’re found in the Financial and Flatiron areas, along the West Side Highway to Chelsea, Hudson Street and around to Madison Square. Very desirable spaces can be found in mid-town west or the Garment Center area where some of the most extraordinary lofts can located. This is mid-town west at its finest – with the best prices and amenities. It’s no wonder that Fashion Avenue is now the heart and soul of the loft space Gold-Rush.

Is NYC Loft Office Space the Right Choice for My Business?

Wonderful lofts are not just the domain of architectural firms, engineering companies, film concerns, talent agencies, PR/Ad/Marketing conglomerates or art galleries. They work for every type of business from financial consulting firms, to software developers and especially for IT start-ups. Most service businesses like skin care salons, dance studios, martial arts studios, dance studios and yoga studios also prefer open loft space.  Commercial loft spaces, because of their versatility and spacious layouts, are a strategic long-term office space decision where a business can grow.

 

 

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