16 East 40th Street Office Spaces For Rent

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 50 2,800 $ 11,666
$ 48 1,200 $ 4,800
$ 48 1,500 $ 6,000
$ / SF SF Monthly Rent
$ 54 3,800 $ 17,100
$ 54 4,000 $ 18,000
$ / SF SF Monthly Rent
$ 54 5,000 $ 22,500
$ 53 7,800 $ 34,450
$/Person
1-3 $1,500
4-8 $1,350
9-50+ $1,100
Medium – Good Buildings
21-50 People $/Person
10-20 People $1,300
21-50 People $1,150
51-100 People $ 950
Medium – Good Buildings

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
Madison Ave & East 41st Street $ 64 2,300 $ 12,266
E 41st St & Between East 40th Street $ 52 1,800 $ 7,800
Madison Ave & East 41st Street $ 64 2,300 $ 12,266
E 41st St & Between East 40th Street $ 52 1,800 $ 7,800
Madison Ave & East 41st Street $ 64 2,300 $ 12,266
E 41st St & Between East 40th Street $ 52 1,800 $ 7,800
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street $ 62 3,800 $ 19,633
Madison Ave & East 40th Street $ 68 3,400 $ 19,266
Madison Ave & East 40th Street $ 62 3,800 $ 19,633
Madison Ave & East 40th Street $ 68 3,400 $ 19,266
Madison Ave & East 40th Street $ 62 3,800 $ 19,633
Madison Ave & East 40th Street $ 68 3,400 $ 19,266
Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue $ 54 5,000 $ 22,500
Madison Ave & East 40th Street $ 65 5,600 $ 30,333
E 40th St & Fifth Avenue $ 54 5,000 $ 22,500
Madison Ave & East 40th Street $ 65 5,600 $ 30,333
E 40th St & Fifth Avenue $ 54 5,000 $ 22,500
Madison Ave & East 40th Street $ 65 5,600 $ 30,333

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Rent Office 16 East 40th Street

16 East 40th Street is a 12 story office building located in the Grand Central neighbourhood of Manhattan. Further information on rent, lease office 16 East 40th Street includes the following. 16 East 40th Street does not currently have coworking options available. Despite coworking 16 East 40th Street not existing, nearby coworking options do exist. The Zip Code for 16 East 40th Street is 10016. 16 East 40th Street contains 96,182 square feet of office space for rent. The office space is rated Class B. Construction of 16 East 40th Street finished in 1911. The fiber providers for 16 East 40th Street include Verizon New York, Level 3 Communications, Cablevision/Lightpath & Cogent Communications. Small, medium and large options for rent office 16 East 40th Street are available. In addition to nearby office building lease options, sublease 16 East 40th Street options may be provided as well. In 2018, the average office rent at 16 East 40th Street was $ 46.2 per square foot. In 2019, the average office rent at 16 East 40th Street was $ 53.0 per square foot. When considering to lease office 16 East 40th Street average prices per square foot did indeed follow market trends.

Transit options near 16 East 40th Street include the 7 train lines which can be accessed at the 5 Avenue-Bryant Park Subway Station with 4 min of walking. 4, 42 St Shuttle, 5, 6, 7 train lines which can be accessed at the Grand Central-42 Street Subway Station with 6 min of walking. B, D, F, M train lines which can be accessed at the 42 Street-Bryant Park Subway Station with 7 min of walking. 4, 6 train lines which can be accessed at the 33 Street Subway Station with 10 min of walking. B, D, F, M, N, Q, R train lines which can be accessed at the 34 Street-Herald Square Subway Station with 12 min of walking.
Office Tenants Rented / Leased 16 East 40th Street
  • NinthDecimal leased 5,500 SF
  • Funphysio Physical Therapy leased 1,500 SF
  • Center for Optimal Performance leased 2,750 SF
  • The Dennelisse Corp. leased 7,500 SF

16 East 40th Street Property Overview

Bulding Address: 16 E 40th St
Building Alternate address(es): 16 E 40th St
Zip Code:10016
Neighborhood:Grand Central
Borough:Manhattan
Stories:12
Year Built:1911
Building Class:B
Block & lot:00869-0064

Public Transportation

Time and Distance from 16 East 40th Street New York, NY 10016
Transit / Subway Distance Walk
5 Avenue-Bryant Park Transit Stop (7) 0.2 mi 4 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) 0.4 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 12 min

Map Location

Internet Providers at 16 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

Office Rent 16 East 40th Street Average

Year $ / SF
2018 46.2
2019 53.0
Year $ / SF
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