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166 W 27th St 400 - 1,600 SF of Space Available in New York, NY 10001
Highlights
- Prime Chelsea location near Penn Station and FIT.
- Surrounded by dining, retail, and hospitality options.
- Excellent subway and regional transit connectivity.
- Subway lines (1, C, E, F, M, N, R) are within walking distance.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Store West | 400 SF | 5 Years | $323.74 CAD/SF/YR $26.98 CAD/SF/MO $129,497 CAD/YR $10,791 CAD/MO | Modified Gross | ||
| 2nd Floor | 400 SF | 2-5 Years | $161.87 CAD/SF/YR $13.49 CAD/SF/MO $64,749 CAD/YR $5,396 CAD/MO | Modified Gross | ||
| 3rd Floor | 400 SF | 2-5 Years | $141.64 CAD/SF/YR $11.80 CAD/SF/MO $56,655 CAD/YR $4,721 CAD/MO | Modified Gross | ||
| 4th Floor | 400 SF | 2-5 Years | $141.64 CAD/SF/YR $11.80 CAD/SF/MO $56,655 CAD/YR $4,721 CAD/MO | Modified Gross |
1st Floor, Ste Store West
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Near Madison Square Garden
2nd Floor
Work/live space
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Law Office
- Office intensive layout
- Fits 1 - 4 People
- Private Restrooms
- Former Law Office
3rd Floor
Work/live space
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Law Office
- Office intensive layout
- Fits 1 - 4 People
- Central Air Conditioning
- Former Law Office
4th Floor
Work/live space
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Law Office
- Office intensive layout
- Fits 1 - 4 People
- Central Air Conditioning
- Former Law Office
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,600 SF | Gross Leasable Area | 3,168 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,168 SF |
| Year Built | 1920 |
About the Property
166 W 27th Street is positioned in the heart of Chelsea, one of Manhattan’s most dynamic neighborhoods blending creative energy with corporate convenience. This mid-block property offers excellent visibility between Sixth and Seventh Avenues, placing tenants steps from Penn Station, the Fashion Institute of Technology, and a thriving mix of retail, dining, and hospitality options. The building’s architecture reflects classic Midtown South character, often featuring loft-style layouts with high ceilings, oversized windows, and abundant natural light—ideal for creative offices, boutique showrooms, or tech firms seeking an inspiring environment. Transportation access is exceptional: multiple subway lines (1, C, E, F, M, N, R) are within walking distance, and Penn Station provides regional connectivity via Amtrak, LIRR, and NJ Transit. The surrounding area is a magnet for talent, with proximity to Hudson Yards, NoMad, and Flatiron, offering a vibrant ecosystem of businesses and amenities. This address benefits from Chelsea’s reputation as a hub for design, media, and technology firms, making it a strategic choice for companies prioritizing collaboration and culture.
- Bus Line
- Metro/Subway
Nearby Major Retailers
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166 W 27th St
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