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There are plenty of neighborhoods within Manhattan, but none quite have as much notoriety as the Flatiron District does. Located between East 26th Street, West 20th Street, Lexington Avenue, and 6th Avenue, the Flatiron District is home to various companies who take advantage of the advantageous neighborhood. Some of these businesses include Tiffany & Co., Grey Advertising, Flywheel, Aesop USA, and Estee Lauder. Before deciding on renting an office in the Flatiron District, it’s best to know the history and available transportation in the neighborhood, as well as some of the best commercial real estate locations here. To make your search easier, we’ve outlined this key information below.
Before the Flatiron District was industrialized, the land was home to Native Americans. There were pastures of grass and trees all over. Soon later, though, the Dutch immigrated into this land and began setting up a more structured civilization. When other Englishmen appeared, the area that is now known as Manhattan boomed. It became a colony for many people, especially English immigrants.
As time passed and the United States seceded from the British, industrial development boomed. Now, instead of green grass, tall skyscrapers and workshops lined the streets. In the early 1900’s, the construction of the Flatiron Building finished. This characterized the neighborhood and drew a lot of attention to this land, as the building is a distinct triangular shape. In 1985, the Flatiron District officially coined its name after the Flatiron Building. It soon became more of a residential area and attracted various businesses because of the number of people that would pass through the Flatiron District each day – not to mention the variety of tourists that would visit the neighborhood just to see the Flatiron Building.
Today, the Flatiron District is still a largely residential neighborhood, but there are plenty of corporate offices, business companies, options for Flatiron commercial real estate.
A major reason that business owners tend to gravitate towards opening an office in the Flatiron District is the amount of available transportation. Not only is public transportation accessibility high but getting around this neighborhood is extremely convenient. This is sure to make both clients and employees happy, thus increasing retainment rates.
The first type of transportation available is trains. The 6, Q, R, and W, and PATH trains run right through the Flatiron District. These are four of the most popular buses in Manhattan. Because this district is within such a small border compared to other neighborhoods, you’ll always be in close proximity to a train here. The trains run through the middle of the district along East 23rd Street, and there are three streets on either side of them. This means you’ll always be within three blocks of a train!
In additional to trains, there are multiple buses seen in the Flatiron District. Buses are one of the main ways that people manage to travel to the Flatiron District, considering the number of them that are available. Just for perspective, some of the buses that run through the Flatiron District include the M1, M2, M3, M23, M55, X63, X64, X68, BxM6, BxM10, SIM1, SIM3, and more. As you can see, many of these are cross-borough buses. This means that regardless of what borough your customers or employees live in, they should be able to access your office without a hassle.
Regarding getting around the district once you’re in there, the Flatiron District received a Walk Score of 100. This means that it’s easily walkable and you don’t need transportation to get around the area. Regardless of what you need to shop or look for, it’ll be in your immediate area. Additionally, the district was ranked as the 6th most walkable neighborhood in Manhattan. This, again, highlights how simple getting around in the flatiron District is.
If you’re considering opening an office space in the Flatiron District, the availability of transportation, both public and by foot, should allow you to feel more comfortable doing so. After all, your customers and employees will be able to visit the office without having to stress about travel.
Now that you’ve learned about the history and accessibility of the Flatiron District, it’s time to determine whether or not the neighborhood suits your company. Before deciding on a rental in the Flatiron District, be sure to ask yourself what benefits the office space or district has to offer you. Is there plenty of transportation nearby? Will your customers and employees be impressed with the space? Is there enough room for every task that you must complete each day? If our company grows, is there the room or ability to expand? Answering these questions while looking at rental options could help you determine which place is best for you. Keep in mind that rentals in the Flatiron District are competitive. This means the office space listings rarely stay on the market for an extended period of time. Be ready to act when you find a place you love, as there’s likely a lot of competition growing for the office space. To make your search easier, we’ve highlighted some of the top Flatiron commercial real estate rentals below.
For a midsized office space in the Flatiron District, 10 E 23rd Street is the perfect option. Not only is it aesthetically pleasing, but its open space is practical. The building itself was constructed in 1910, and the brick and wood construction of the interior surely reflect this historic charm. The building has about 25,000 square feet spread across 6 different floors. There is also one elevator available, which is great for accessibility options. Regarding the interior of the office space itself, as mentioned before, the units are large and open. Large, domed windows let light in and reflect across the floors and high ceilings. These windows allow you to look out to the wonderful Madison Square Park which is right across the street. In addition to this, two bathrooms and a fully equipped kitchen are in place, thus making it great for employee usage. Regarding its accessibility, the 4, 6, F, M, N, and R trains are within walking distance of this office. Your employees and customers will have no difficulty accessing your
company’s space! Because of all this location has to offer a company, 10 E 23rd Street could be the best Flatiron office for lease for you.
One of the most modernized locations for office space in the Flatiron District is at 26 W 23rd Street. This building, though constructed in 1920, was recently updated and now has a very modernized flare. It was built with masonry which keeps the historic flare in the building. It has about 22,000 square feet spread across six different floors. This means each floor is just over 3,000 square feet in area, and each unit is equivalent to one floor. Regarding the units available, the office spaces are large, beautiful, and welcoming. There is a large open floor space, but three conference rooms are built within the unit to allow for company meetings. Wall-length windows allow for plenty of light to be let in, and this light surely reflects off the white interior design of the units. The white and light colors used give this building a very modernized and open feel. Lastly, you’d be happy to learn how close this rental is to public transportation. Numerous subway lines are within walking distance including the R, W, and PATH lines, as are the M1, M2, M3, and M55 buses. You won’t regret your choice if you decide to rent a Flatiron office space from 26 W 23rd Street!
If you’re searching for a larger Flatiron office, 25 E 21st Street is a great option. This building is 9 floors high and has a total of 15,300 square feet split across all of them. This lot was constructed in 1931, but the interior of it is relatively modernized and perfect for growing companies. In terms of the office space itself, there are multiple open floor spaces available, and within the floor space there are both private and conference offices along the perimeter. This is perfect for companies who have a division of power and would like to offer personal offices to those of higher rankings. In addition to these, there are many features this building offers, including having a full kitchen, two full restrooms, and large windows that allow loads of light in. Your clients and employees will love how close transportation options are to the office itself – the 4, 6, Q, R, and W trains are within a few blocks’ radius, as are the M1, M2, M3, and M55 buses. For a more developed company, 25 E 21st Street is a perfect choice.
If you’re ready to lease an office in the Flatiron District, be ready to act fast. There is plenty of competition around each building, as the neighborhood is perfect for both growing and established companies. Remember to keep your eyes open and ask many questions. After all, you don’t want to regret moving into a place that wasn’t the best for your business! Finding the best Flatiron office space for rent for your company doesn’t have to be hard, so be patient and you’ll come across your dream space in no time.