Market Intelligence

    Restaurant Space in Chelsea

    Market overview for restaurant operators evaluating Chelsea, Manhattan.

    Neighborhood Snapshot

    Average Asking Rent
    $100-160/sf
    Typical Restaurant Size
    1,500-4,000 SF
    Neighborhood Vibe
    Art-Forward, Active
    Walk Score
    97

    Walker's Paradise

    Transit Score
    96

    Excellent Transit

    Demographics
    $105K

    Median household income

    About Chelsea

    Gallery district meets the High Line. Strong for fitness studios, upscale casual dining, and wine bars.

    Chelsea is located in Manhattan and offers average commercial rents of $100-160/sf per square foot annually. The neighborhood's art-forward, active character makes it suitable for restaurant concepts that align with the local demographics and foot traffic patterns.

    With a population of approximately 48,000 and median rent of $3,100/month, Chelsea provides a strong residential base for restaurant operators. The area has 900 active businesses, indicating a mature commercial environment.

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