Office building with commercial space · Meatpacking, Manhattan
Chelsea Market
75 Ninth Avenue, New York, NY 10011
Chelsea Market (75 Ninth Avenue) is an 8-floor office building with commercial space in the Meatpacking District, Manhattan, built in 1905, with about 987,000 square feet of office space according to city records.
Also at 69-87 Ninth Avenue, 78-92 Tenth Avenue, 401-459 West 15th Street and 400-460 West 16th Street.
- Office space
- 987K SF
- Floors
- 8
- Year built
- 1905
- Zoning
- M1-5
The 2nd largest of the 23 office buildings we track in the Meatpacking District. Compare it with 6 neighbors
No space at 75 Ninth Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for the Meatpacking District and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How Chelsea Market compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, Chelsea Market is the largest by office floor area. Built in 1905, it is the oldest of them. Its estimated property tax, about $21.75 a square foot of floor area before abatements, is below the neighbors' median of $24.67.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| Chelsea Market, 75 Ninth Avenue | 987K SF | 8 | 1905 | $21.75 | Mar 2018, $2.4B |
| 422 West 15th Street | 111K SF | 7 | 1950 | $24.27 | n/a |
| 412 West 15th Street | 107K SF | 18 | 2010 | $33.76 | n/a |
| 404 West 15th Street | 123K SF | 9 | 2016 | $21.62 | n/a |
| 444 West 15th Street | 155K SF | 8 | 1936 | $21.45 | May 2019, $592M |
| 61 Ninth Avenue | 129K SF | 9 | 2016 | $25.06 | n/a |
| 47 Ninth Avenue | 39K SF | 4 | 1923 | $55.14 | Dec 2005, $34.5M |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Building name
- Chelsea Market
- Other addresses
- 69-87 Ninth Avenue; 78-92 Tenth Avenue; 401-459 West 15th Street; 400-460 West 16th Street
- ZIP code
- 10011
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 1,100,533 SF
- Commercial floor area
- 1,100,533 SF
- Office
- 986,862 SF
- Retail
- 113,670 SF
- Industrial and storage
- 1 SF
- Height
- 8 floors
- Average floor
- About 137,600 SF (floor area divided by floors)
- Year built
- 1905
- Last major alteration
- 2015
- Lot area
- 165,200 SF
- Zoning district
- M1-5
- Built FAR
- 6.66
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1007130001
Nearest subway
- 14 St
- 18 St
- 14 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name checked against Wikipedia, Chelsea Market; 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 3 storefronts at Chelsea Market for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2025
- 3
- Vacant that day
- 0
- Share vacant across the Meatpacking District
- 13.5%
- Share vacant along Ninth Avenue
- 11.3%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in the Meatpacking District? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 MANHATTAN CHELSEA MARKET LLC as the owner of record. For tax year 2026/27 the city values Chelsea Market at $490.4 million and assesses it at $220.7 million. After phase-ins and exemptions its taxable value is $220.7 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 $23.9 million a year before abatements, roughly $21.75 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
- MANHATTAN CHELSEA MARKET LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $490,412,000
- Land market value
- $15,800,000
- Assessed value
- $220,685,400
- Estimated yearly tax
- About $23.9 million
- Tax per SF of floor area
- About $21.75
City market value by tax year
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 75 Ninth Avenue? 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)
Sales history
Chelsea Market last sold in March 2018 for $2.4 billion, according to the deed recorded with the city. JAMESTOWN PREMIER CHELSEA MARKET, L.P. sold it to MANHATTAN CHELSEA MARKET LLC. That comes to about $2,178 per square foot of floor area.
- Last sale (deed date)
- March 20, 2018
- Price
- $2,397,501,899
- Price per SF of floor area
- About $2,178
- Seller
- JAMESTOWN PREMIER CHELSEA MARKET, L.P.
- Buyer
- MANHATTAN CHELSEA MARKET LLC
- Deed recorded
- March 22, 2018
- ACRIS document
- 2018032100585004
Recorded sales
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)
Energy use and emissions
Chelsea Market's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 115.2 kBtu per square foot, 2.2 times the national median of 52 for a similar property. Its greenhouse gas emissions were about 12,248 metric tons of CO2e (10.97 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 115.2 kBtu/SF
- National median for the type
- 52 kBtu/SF
- Greenhouse gas emissions
- 12,248 t CO2e
- Emissions per SF
- 10.97 kg CO2e
- Floor area in the filing
- 1,116,700 SF
Energy sources in 2024
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.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at Chelsea Market. In the last two years, interior work was permitted on 6 floors (floors 1 to 6 and the cellar). The newest build-out, on floor 2, was first permitted in June 2026 (mechanical; filed cost estimate $100,000). A sidewalk shed permit here is active until November 10, 2026.
- New jobs, last 12 months
- 9
- Initial permits, last 12 months
- 14
- Newest job first permitted
- June 2026
- Interior build-outs, last 24 months
- 9
- Floors with interior work, last 24 months
- 1 to 6, cellar
- Sidewalk shed permit
- Active until Nov 10, 2026
Recent build-outs
New jobs by year
Build-outs across the Meatpacking DistrictWhere 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.
No office space listed in the Meatpacking District yet
Own or broker space at 75 Ninth Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
How much office space do you need per employee in 2026
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
- Free calculator
Office space calculator
How many square feet your team needs, from headcount and layout to a rentable range.
- Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.
- Free calculator
TI allowance calculator
A landlord's build-out allowance in dollars, what it covers of your budget and what the rest adds to the rent.
- Free calculator
Commercial Rent Tax calculator
Whether a Manhattan lease owes the city's Commercial Rent Tax, and roughly how much a year.
Questions about Chelsea Market
How big is Chelsea Market?
Chelsea Market has about 1.1 million square feet of floor area in total, including 987,000 square feet of office, 114,000 square feet of retail and 0 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.
When was Chelsea Market built?
City records list 1905 as the year built, with a major alteration recorded in 2015. The building is 8 floors tall.
What is the address of Chelsea Market?
Chelsea Market is at 75 Ninth Avenue in the Meatpacking District, Manhattan. City records list 69-87 Ninth Avenue, 78-92 Tenth Avenue, 401-459 West 15th Street and 400-460 West 16th Street on the same tax lot (BBL 1007130001). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 75 Ninth Avenue?
75 Ninth Avenue is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. Chelsea Market is at 75 Ninth Avenue, New York, NY 10011, in the Meatpacking District.
What is the zoning at Chelsea Market?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.66 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to Chelsea Market?
The closest subway station to Chelsea Market is 14 St (the A, C, E and L trains, connected to 8 Av), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: 18 St (the 1 train), 9 min walk; 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns Chelsea Market?
The NYC Department of Finance's 2026/27 assessment roll lists MANHATTAN CHELSEA MARKET LLC as the owner of record of Chelsea Market (BBL 1007130001). 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 Chelsea Market last sold?
Chelsea Market last sold in March 2018 for $2.4 billion, according to the deed recorded with the city. JAMESTOWN PREMIER CHELSEA MARKET, L.P. sold it to MANHATTAN CHELSEA MARKET LLC. That comes to about $2,178 per square foot of floor area. The deed is ACRIS document 2018032100585004 (BBL 1007130001) 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.
Does Chelsea Market have an energy grade?
Chelsea Market's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 115.2 kBtu per square foot, 2.2 times the national median of 52 for a similar property. Its greenhouse gas emissions were about 12,248 metric tons of CO2e (10.97 kg per square foot).
Is there construction at Chelsea Market?
In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at Chelsea Market. In the last two years, interior work was permitted on 6 floors (floors 1 to 6 and the cellar). The newest build-out, on floor 2, was first permitted in June 2026 (mechanical; filed cost estimate $100,000). A sidewalk shed permit here is active until November 10, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1007130001. 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 Chelsea Market?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $220.7 million for Chelsea Market. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $23.9 million a year, roughly $21.75 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007130001 show the actual bill.
What is the assessed value of Chelsea Market?
For tax year 2026/27, the NYC Department of Finance puts the market value of Chelsea Market at $490.4 million ($15.8 million of it land) and its assessed value at $220.7 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.
Are there vacant storefronts at Chelsea Market?
Owners registered 3 storefronts at Chelsea Market for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at Chelsea Market?
No space at 75 Ninth Avenue 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.
2,723 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Meatpacking
Transit hubs in the Meatpacking District
- A C E L at 14 St-8 Av