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159 W 23rd St 7,000 SF of Retail Space Available in New York, NY 10011
Sublease Highlights
- Column-free, newly built retail space with flexible floor configurations.
- Double-height storefront enhances visibility from West 23rd Street.
- Sublease term available through May 31, 2034.
- Ground, second floor, and basement may be leased together or separately.
- Blade signage opportunity along a prominent Chelsea corridor.
- Convenient access to multiple transit lines serving 23rd Street.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
The 3 spaces in this building must be leased together, for a total size of 7,000 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ground, 2nd Floor | 7,000 SF | May 2034 | Upon Request Upon Request Upon Request Upon Request | TBD |
Lower Level, Ground, 2nd Floor
The 3 spaces in this building must be leased together, for a total size of 7,000 SF (Contiguous Area):
• Currently Club Tattoo • Sublease through May 31, 2034 • Double height storefront • Blade signage • Ideal for Salon, Fitness, Medical, and Dry Use Tenants
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
Select Tenants at 159 W 23rd St, New York, NY 10011
- Tenant
- Description
- US Locations
- Reach
- 23rd Street Bagels
- Restaurant
- -
- -
- Belles Nails
- Services
- 1
- -
- Inked Shop
- -
- 1
- -
- Quadra Media
- Professional, Scientific, and Technical Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| 23rd Street Bagels | Restaurant | - | - |
| Belles Nails | Services | 1 | - |
| Inked Shop | - | 1 | - |
| Quadra Media | Professional, Scientific, and Technical Services | 1 | - |
Property Facts
| Total Space Available | 7,000 SF | Gross Leasable Area | 12,400 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 12,400 SF |
| Year Built | 1920 |
About the Property
159 West 23rd Street is a retail property located between Sixth Avenue and Seventh Avenue in the Chelsea neighborhood of Manhattan. The premises include approximately 2,400 SF on the ground floor, 2,400 SF on the second floor, and 2,200 SF in the basement. The property features approximately 38 feet of frontage. The second-floor premises are currently occupied by Club Tattoo and are available through a sublease term ending May 31, 2034. The property is located near Madison Square Park, Penn Station, and multiple transit lines serving 23rd Street.
Nearby Major Retailers
