Rent Office 10 East 40th Street
Rent Office - 10 E 40th St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 8,100 | Negotiable |
| Negotiable | 3,400 | Negotiable |
| Negotiable | 6,400 | Negotiable |
| Negotiable | 5,600 | Negotiable |
| $ 53 | 7,800 | $ 34,579 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Rent Sublease Office - 10 E 40th St
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|
Rent Coworking Office
Type of Space
Class A
Class B
Class C
Windowed office/person
$ 2,000/mo
$ 1,250/mo
$ 750/mo
Interior office/person
$ 1,250/mo
$ 750/mo
$ 500/mo
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,000/mo | $ 1,250/mo | $ 750/mo |
| Interior office/person | $ 1,250/mo | $ 750/mo | $ 500/mo |
Rent Nearby Coworking Office
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,000/mo | $ 1,250/mo | $ 1,000/mo |
| Interior office/person | $ 1,250/mo | $ 750/mo | $ 500/mo |
Retail Spaces for Rent
Rent Retail - 10 E 40th St
| $ / SF | SF | >Monthly Rent |
|---|---|---|
| Negotiable | 16,500 | Negotiable |
| Negotiable | 3,500 | Negotiable |
| $ / SF | SF | >Monthly Rent |
|---|
| $ / SF | SF | >Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Rent Medical Space
Lease 10 East 40th Street
Rent 10 East 40th Street Property Overview
| Bulding Address: | 10 E 40th St |
| Building Name: | Chase Tower |
| Building Alternate address: | 10 E 40th St |
| Zip Code: | 10016 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 48 |
| Year Built: | 1911 |
| Building Class: | A |
| Block & lot: | 00869-0066 |
The Mercantile Building, located at 10 E 40th Street in Manhattan, NYC, was completed in 1929. It was designed by the architectural firm Ludlow & Peabody and stands as a notable example of Art Deco architecture. The building is 48 stories tall and was once considered the world's fourth-tallest building. It was owned by Frederick William Vanderbilt, the grandson of Cornelius "The Commodore" Vanderbilt.
The Mercantile Building was the last building in New York City to use Thomas Edison's original DC power grid, switching to AC on November 14, 2007. It is situated in the Murray Hill neighborhood, between Fifth and Madison Avenues.
The building has a total area of approximately 442,042 square feet and is classified as an office building with or without commercial spaces. Its current tax assessor's market value is $90,420,000.
10 E 40th St, Manhattan, NYC is also known as the Mercantile Building. It is located in Midtown Manhattan, between Fifth and Madison avenues, extending south to 39th Street. The building was completed in 1929 and features Renaissance Revival architecture. It stands 632 feet tall with 48 floors, offering approximately 350,000 square feet of office or mixed-use space.
10 E 40th St, Manhattan, NYC offers the following building amenities:
- 24 Hour Access
- Atrium
- Banking
- Bus Line
- Metro/Subway
- Property Manager on Site
- Natural Light
- Air Conditioning
- Freight entrance at 11 East 39th Street
- UPS and Federal Express pick up stations in building
- Full-time staff of twelve handymen and porters
- Wired Certified Gold building with multiple high-speed broadband providers
10 E 40th St, Manhattan, NYC Office Tenants
Located in the heart of Manhattan, 10 E 40th St, also known as Tower 40, is a historic building being transformed to meet the needs of modern businesses. The property offers a range of office spaces with unobstructed views and is situated near Bryant Park and Grand Central.
Current and Past Tenants
Information on specific tenants at 10 E 40th St is not readily available. However, the building has been involved in several real estate transactions and has had multiple owners and developers over the years.
Building Amenities
- Renovated Lobby
- 24 Hour Access
- Atrium
- Banking Services
- UPS and Federal Express Pick-Up Stations
- Full-Time Staff of Handymen and Porters
- Wired Certified Gold for High-Speed Broadband
Internet Providers at 10 E 40th St, Manhattan, NYC
Several internet providers serve this area, offering a range of services and speeds:
- Verizon Fios: Known for its fast, symmetrical fiber-optic speeds and competitive pricing.
- Spectrum: Offers cable internet with speeds up to 300 Mbps and no data caps.
- AT&T U-verse: Provides DSL and fiber internet options with speeds up to 1 Gbps.
- Optimum: Offers high-speed internet with plans reaching up to 8,000 Mbps in select areas.
- Astound Broadband: Provides affordable high-speed internet plans.
10 East 40th Street, Manhattan, NYC is conveniently located near several transportation options.
Subway: The nearest subway station is 42 St-Bryant Park, accessible via the B, D, F, and M trains.
Bus: The MTA Bus Company operates routes nearby, including stops along Madison Avenue and 5th Avenue.
Taxi: Taxis are readily available throughout Manhattan.
Cross Streets: The building is situated between Madison Avenue and 5th Avenue.
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 |
Rent Office - 10 East 40th Street Average
| Year | $ / SF |
|---|---|
| 2018 | 53.68 |
| 2019 | 62.67 |
| 2020 | 211.9 |
| 2021 | 75.0 |
| Year | $ / SF |
|---|---|
| 2018 | 52.33 |
| 2022 | 59.0 |
Argent Trading Testimonial
We love a challenge!
Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.
Optimal Spaces specializes in negotiating deals for tenants, ensuring savings of 15-20% compared to what tenants could achieve on their own.
Finding the perfect commercial space in New York is essential, and we understand its importance. Our services encompass a wide range of commercial available spaces, including office, educational, industrial, retail, medical, and loft spaces.
Looking for the perfect office space in New York City? Our tenant brokerage specializes in finding tailored solutions for businesses across various industries, including accounting, construction, hedge funds, hotel groups, jewelry, media, nonprofits, technology, trade businesses, and wholesale. Whether you're seeking a prime location in the Financial District, a creative hub for your media team, or a high-security space for your jewelry business, we've got you covered. Our expert team understands the unique needs of each industry and works tirelessly to match you with a space that fits your vision, budget, and operational requirements. Let us simplify your office search and help your business thrive in the heart of New York!
