Located in the vibrant Grand Central area of Manhattan, 10 East 40th Street is an impressive office building boasting 48 stories. It offers a variety of leasing options, including shared workspaces and sublet opportunities. Since its establishment in 1911, it has maintained its status as a top-tier Class A establishment. With a generous 359,770 square feet of rentable space, it provides reliable high-speed fiber connectivity from well-known providers like Cablevision/Lightpath, Cogent Communications, Level 3 Communications, Pilot Fiber, and Verizon New York. Some notable companies, such as Wework, have selected this building as their preferred location. Contrary to expectations, rental rates have significantly dropped from $211.9 per square foot in 2020 to a much more affordable $75.0 in 2021, making it an extremely attractive option. Additionally, 10 East 40th Street is conveniently situated near various subway stations, including Grand Central-42 Street, 33 Street, 34 Street-Herald Square, 5 Avenue-Bryant Park, and 42 Street-Bryant Park, ensuring unparalleled convenience for tenants.
10 East 40th Street Property Overview
| Bulding Address: | 10 E 40th St |
| Bulding Name: | Chase Tower |
| Building Alternate address(es): | 10 E 40th St |
| Zip Code: | 10016 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 48 |
| Year Built: | 1911 |
| Building Class: | A |
| Block & lot: | 00869-0066 |
Public Transportation
Time and Distance from 10 East 40th Street New York, NY 10016
| Transit / Subway |
Distance |
Walk |
| 5 Avenue-Bryant Park Transit Stop (7) |
0.1 mi |
3 min |
|
| Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) |
0.3 mi |
6 min |
|
| 42 Street-Bryant Park Transit Stop (B, D, F, M) |
0.3 mi |
7 min |
|
| 33 Street (4,6 Line) Transit Stop |
0.5 mi |
10 min |
|
| 34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) |
0.6 mi |
11 min |
|
Internet Providers at 10 East 40th Street
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
| Verizon New York |
Fiber |
1 Gb/s |
25 Mb/s |
| Level 3 Communications |
Fiber |
10 Gb/s |
10 Gb/s |
| Cablevision/Lightpath |
Fiber |
10 Gb/s |
10 Gb/s |
| Cogent Communications |
Fiber |
10 Gb/s |
10 Gb/s |
| Pilot Fiber |
Fiber |
10 Gb/s |
10 Gb/s |
Nearby Office Tenants Leased- New Horizons Computer Learning Center leased 23,736 SF at 290 Madison Ave
- Akam Associates leased 23,000 SF at 260 Madison Ave
- US Bank National Association leased 11,232 SF at 461 Fifth Ave
- Daikin U.S. Corporation leased 7,671 SF at 475 Fifth Ave
- JAG Physical Therapy New York LLC leased 2,969 SF at 274 Madison Ave
- Personality Institute leased 2,521 SF at 286 Madison Ave
- Young Playwrights Inc. leased 1,800 SF at 431 Fifth Ave
Nearby Retail Tenants Leased- Charming Charlie leased 15,500 SF at 445 Fifth Ave
- Muji leased 15,500 SF at 475 Fifth Ave
- BNP Foods leased 11,000 SF at 290 Madison Ave
- 4Food leased 2,800 SF at 286 Madison Ave
- Alidoro leased 2,000 SF at 260 Madison Ave
