Seeking 1,800 SF Creative Loft in Chelsea, Manhattan
Posted by a tenant rep broker · Creative / Arts / Media
- Where
- Chelsea
- Size
- 1,800 to 1,800 SF
- Budget
- to $43/SF
- Move in
- Nov 2026
Office building with commercial space · Chelsea, Manhattan
New York, NY 10001
239 West 28th Street is a 12-floor office building with commercial space in Chelsea, Manhattan, built in 1917, with about 138,000 square feet of office space according to city records.
Also at 229-239 West 28th Street.
The 4th largest of the 19 office buildings we track in Chelsea. Compare it with 6 neighbors
1 tenant is looking for office space in Chelsea: 1,800 to 1,800 SF, up to $43/SF. A space listed here that fits is matched with it the day it goes up.
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Compared with its neighbors
Next to the 6 nearest large office buildings, all within a 1 minute walk, 239 West 28th Street is the largest by office floor area. Built in 1917, it is the oldest of them. Its estimated property tax, about $13.76 a square foot of floor area before abatements, is above the neighbors' median of $6.59.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 239 West 28th Street | 138K SF | 12 | 1917 | $13.76 |
| 29th Street Towers, 224 West 29th Street | 41K SF | 14 | 1926 | $8.05 |
| 29th Street Towers, 214 West 29th Street | 117K SF | 16 | 1925 | $9.94 |
| 231 West 29th Street | 135K SF | 15 | 1927 | $5.66 |
| 227 West 29th Street | 52K SF | 14 | 1927 | $6.64 |
| 207 West 28th Street | 52K SF | 6 | 1925 | $3.80 |
| 236 West 30th Street | 60K SF | 14 | 1926 | $6.53 |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
The Department of Finance lists LEXIN CAXTON LLC as the owner of record. For tax year 2026/27 the city values 239 West 28th Street at $44.5 million and assesses it at $20 million. After phase-ins and exemptions its taxable value is $19.8 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $2.15 million a year before abatements, roughly $13.76 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 239 West 28th Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC property records (ACRIS)
239 West 28th Street last sold in March 2014 for $81.5 million, according to the deed recorded with the city. 229 WEST 28TH OWNER LLC sold it to LEXIN NY 229 LLC. That comes to about $521 per square foot of floor area.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
239 West 28th Street reported an ENERGY STAR score of 90 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 43.9 kBtu per square foot, less than half the national median of 90.2 for a similar property. Its greenhouse gas emissions were about 635 metric tons of CO2e (4.05 kg per square foot).
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
At its 2024 energy use, 239 West 28th Street comes to about 503 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,191 tons for 2024 to 2029 (42% of the limit), so it would owe no penalty. From 2030 the limit drops to 423 tons and the same energy use counts as about 320 tons, still under the limit.
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 157,061 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 239 West 28th Street? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 239 West 28th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 3). The newest build-out, on floors 1 and 3, was first permitted in June 2026 (construction; filed cost estimate $1.7 million).
Build-outs across ChelseaWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Own or broker space at 239 West 28th Street? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Tenants and buyers with active requirements here. List a space in 239 West 28th Street and we match you automatically.
Posted by a tenant rep broker · Creative / Arts / Media
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239 West 28th Street has about 157,000 square feet of floor area in total, including 138,000 square feet of office, 12,000 square feet of retail and 7,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 1917 as the year built. The building is 12 floors tall.
City records list 229-239 West 28th Street on the same tax lot (BBL 1007780020) as 239 West 28th Street. A space listed on Leasemark at any of these addresses shows up on this page.
239 West 28th Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 239 West 28th Street, New York, NY 10001, in Chelsea.
The lot is in the M1-8A/R12 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.9 and a maximum commercial FAR of 12 for this lot.
The closest subway station to 239 West 28th Street is 28 St (the 1 train), about 500 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 23 St (the C and E trains), 5 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists LEXIN CAXTON LLC as the owner of record of 239 West 28th Street (BBL 1007780020). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
239 West 28th Street last sold in March 2014 for $81.5 million, according to the deed recorded with the city. 229 WEST 28TH OWNER LLC sold it to LEXIN NY 229 LLC. That comes to about $521 per square foot of floor area. The deed is ACRIS document 2014030601320002 (BBL 1007780020) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
239 West 28th Street reported an ENERGY STAR score of 90 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 90 earns an A. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 43.9 kBtu per square foot, less than half the national median of 90.2 for a similar property. Its greenhouse gas emissions were about 635 metric tons of CO2e (4.05 kg per square foot).
At its 2024 energy use, 239 West 28th Street comes to about 503 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,191 tons for 2024 to 2029 (42% of the limit), so it would owe no penalty. From 2030 the limit drops to 423 tons and the same energy use counts as about 320 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 239 West 28th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 3). The newest build-out, on floors 1 and 3, was first permitted in June 2026 (construction; filed cost estimate $1.7 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1007780020. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $19.8 million for 239 West 28th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.15 million a year, roughly $13.76 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007780020 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 239 West 28th Street at $44.5 million ($3 million of it land) and its assessed value at $20 million, the 45% of market value the city assesses for Class 4 property. The city's market value held steady from 2022/23 to 2026/27.
No space at 239 West 28th Street is listed on Leasemark right now. 1 tenant is looking for office space in Chelsea. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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