Office building with commercial space · Chelsea, Manhattan

249 West 17th Street

New York, NY 10011

249 West 17th Street is a 6-floor office building with commercial space in Chelsea, Manhattan, built in 1902, with about 65,000 square feet of office space according to city records.

Also at 249-255 West 17th Street and 236-242 West 18th Street.

Office space
65K SF
Floors
6
Year built
1902
Zoning
C6-2A

The 17th largest of the 17 office buildings we track in Chelsea. Compare it with 6 neighbors

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Compared with its neighbors

How 249 West 17th Street compares

Next to the 6 nearest large office buildings, all within a 5 minute walk, 249 West 17th Street is the smallest by office floor area. Built in 1902, it is the oldest of them. Its estimated property tax, about $28.17 a square foot of floor area before abatements, is above the neighbors' median of $14.11.

249 West 17th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
249 West 17th StreetThis building65K SF61902$28.17Oct 2017, $339M (2 lots)
245 West 17th Street1 min walk111K SF121909$31.05Oct 2017, $339M (2 lots)
220 West 19th Street2 min walk98K SF121910$12.50Aug 2006, $51.7M
80 Eighth Avenue3 min walk180K SF201930$9.75n/a
111 Eighth Avenue3 min walk2.2M SF171931$26.63Dec 2010, $1.8B
125 West 18th Street5 min walk189K SF81917$15.72n/a
154 West 14th Street5 min walk98K SF121913$10.71n/a
The 17th largest of the 17 office buildings we track in Chelsea: see the full list

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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
249-255 West 17th Street; 236-242 West 18th Street
ZIP code
10011
Building type
Office building with commercial space (city class O5)
Total floor area
108,768 SF
Commercial floor area
108,768 SF
Office
64,768 SF
Retail
44,000 SF
Height
6 floors
Year built
1902
Last major alteration
2012
Lot area
17,790 SF
Zoning district
C6-2A
Built FAR
6.11
Max commercial FAR
6
Tax lot (BBL)
1007670012

Nearest subway

  • 14 St2 min walk · Accessible station · connects to 8 Av
  • 18 St2 min walk · Not accessible
  • 14 St5 min walk · Accessible station · connects to 6 Av

Nearby large buildings

All 11 large office buildings on West 17th Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 4 storefronts at 249 West 17th Street for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020.

Storefronts registered for December 31, 2024
4
Vacant that day
1
Share vacant across Chelsea
10.8%
Share vacant along West 17th Street
12.5%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 4
  • 20201 of 4
  • 20211 of 4
  • 20221 of 4
  • 20231 of 4
  • 20241 of 4

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 249 West 17th Street? Listing it is free, and it is matched against every active requirement for retail space in Chelsea the day it goes up.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 249 WEST 17TH STREET PROPERTY INVESTORS II LLC as the owner of record. For tax year 2026/27 the city values 249 West 17th Street at $64.8 million and assesses it at $29.2 million. After phase-ins and exemptions its taxable value is $28.2 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 $3.06 million a year before abatements, roughly $28.17 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.

Owner of record
249 WEST 17TH STREET PROPERTY INVESTORS II LLC
Tax class
Class 4 (commercial and industrial)
City market value
$64,845,000
Land market value
$6,170,000
Assessed value
$29,180,250
Taxable value (phased in)
$28,244,160
Estimated yearly tax
About $3.06 million
Tax per SF of floor area
About $28.17

City market value by tax year

  • 2022/23$56.6 million
  • 2023/24$63.7 million
  • 2024/25$64.1 million
  • 2025/26$64.6 million
  • 2026/27$64.8 million

Market value rose 15% from 2022/23 ($56.6 million) to 2026/27.

How Chelsea compares: property tax per SF across NYC neighborhoods

Source: 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 2026-10-02; 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.

NYC property records (ACRIS)

Sales history

249 West 17th Street last sold in October 2017 in a $339.4 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. ARC NY24549W17, LLC sold it to COLUMBIA REIT-245-249 W. 17TH LLC.

Last sale (deed date)
October 11, 2017
Combined price
$339,400,000 for 2 tax lots
Seller
ARC NY24549W17, LLC
Buyer
COLUMBIA REIT-245-249 W. 17TH LLC
Deed recorded
October 18, 2017
ACRIS document
2017101800340003

Recorded sales

All 7 building sales in Chelsea since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; 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; a price for several tax lots is the combined price, not this building's alone.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

249 West 17th Street reported an ENERGY STAR score of 84 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 51.4 kBtu per square foot, 41% below the national median of 86.6 for a similar property. Its greenhouse gas emissions were about 589 metric tons of CO2e (5.41 kg per square foot).

ENERGY STAR score (2024)
84 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
51.4 kBtu/SF
National median for the type
86.6 kBtu/SF
Greenhouse gas emissions
589 t CO2e
Emissions per SF
5.41 kg CO2e
Floor area in the filing
108,768 SF
ENERGY STAR certified
2018, 2019, 2020, 2021, 2022, 2023, 2024

ENERGY STAR score by year

  • 202279 (B)
  • 202386 (A)
  • 202484 (B)

Energy sources in 2024

  • Electricity84%
  • Natural gas16%

Share of the energy used on site, as filed.

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 2026-10-02; 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.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 249 West 17th Street. In the last two years, interior work was permitted on one floor (floor 3). The newest build-out, on floor 3, was first permitted in February 2026 (construction; filed cost estimate $70,000).

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
February 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
3

Recent build-outs

  • Floor 3February 2026Construction; est. $70,000; signed off

New jobs by year

  • 20211
  • 20220
  • 20230
  • 20240
  • 20250
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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.

What a requirement here looks like

No live requirements for office space in Chelsea yet. These labeled examples show what tenants post. List a space in 249 West 17th Street and we match it against every new one automatically.

Want · Office / Flex / Creative

Design studio seeking 4,000 SF loft

Posted by the tenant · Architecture

Where
Dumbo, Chelsea +1
Size
3,000 to 5,500 SF
Budget
to $70/SF
Move in
Nov 2026
Exposed brickHigh ceilings
Owners: got a fit?I have a fit

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 249 West 17th Street

How big is 249 West 17th Street?

249 West 17th Street has about 109,000 square feet of floor area in total, including 65,000 square feet of office and 44,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 249 West 17th Street built?

City records list 1902 as the year built, with a major alteration recorded in 2012. The building is 6 floors tall.

What other addresses does 249 West 17th Street have?

City records list 249-255 West 17th Street and 236-242 West 18th Street on the same tax lot (BBL 1007670012) as 249 West 17th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 249 West 17th Street?

249 West 17th Street is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 249 West 17th Street, New York, NY 10011, in Chelsea.

What is the zoning at 249 West 17th Street?

The lot is in the C6-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 6.11 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 249 West 17th Street?

The closest subway station to 249 West 17th Street is 14 St (the A, C, E and L trains, connected to 8 Av), about 550 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 18 St (the 1 train), 2 min walk; 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 249 West 17th Street?

The NYC Department of Finance's 2026/27 assessment roll lists 249 WEST 17TH STREET PROPERTY INVESTORS II LLC as the owner of record of 249 West 17th Street (BBL 1007670012). 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.

When was 249 West 17th Street last sold?

249 West 17th Street last sold in October 2017 in a $339.4 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. ARC NY24549W17, LLC sold it to COLUMBIA REIT-245-249 W. 17TH LLC. The deed is ACRIS document 2017101800340003 (BBL 1007670012) 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.

What is the energy grade of 249 West 17th Street?

249 West 17th Street reported an ENERGY STAR score of 84 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 84 earns a B. 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 51.4 kBtu per square foot, 41% below the national median of 86.6 for a similar property. Its greenhouse gas emissions were about 589 metric tons of CO2e (5.41 kg per square foot).

Is there construction at 249 West 17th Street?

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 249 West 17th Street. In the last two years, interior work was permitted on one floor (floor 3). The newest build-out, on floor 3, was first permitted in February 2026 (construction; filed cost estimate $70,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007670012. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 249 West 17th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $28.2 million for 249 West 17th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.06 million a year, roughly $28.17 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007670012 show the actual bill.

What is the assessed value of 249 West 17th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 249 West 17th Street at $64.8 million ($6.17 million of it land) and its assessed value at $29.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($56.6 million) to 2026/27.

Are there vacant storefronts at 249 West 17th Street?

Owners registered 4 storefronts at 249 West 17th Street for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 249 West 17th Street?

No space at 249 West 17th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

1,677 buildings from city records

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