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
- 1,915 Sq. Ft.
- $7,181 / month
- Downtown / Financial District
- Loft Style Office with Industrial Chic
- 4,200 Sq. Ft.
- $15,400 / month
- West 29th Street
- Midtown South
- 14 Ft Ceilings-Office, Loft
- 3,028 Sq. Ft.
- $10,093 / month
- West 27th St.
- Midtown South / Chelsea
- Great Views of Union Square
- 2,750 Sq. Ft.
- $18,333 / month
- Midtown South / Flatiron
- Plug & Play Union Square Office
- 2,990 Sq. Ft.
- $19,684 / month
- Park Avenue South
- Midtown South / Park Avenue/Madison Square
- Penthouse Loft
- 2,191 Sq. Ft.
- $9,494 / month
- Madison Avenue
- Midtown / Grand Central
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.