1040 Avenue of the Americas

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 75 2,100 $ 13,037
$ / SF SF Monthly Rent
Negotiable 4,400 Negotiable
$ 75 3,100 $ 19,245
$ / SF SF Monthly Rent
Negotiable 2,800 Negotiable
$ 75 5,100 $ 31,662

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 7,700 Negotiable
$ 56 7,400 $ 34,687
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Coworking Office Spaces for Rent

Type of Space Class A Class B Class C
Windowed office/person $ 2,500/mo $ 1,500/mo $ 1,000/mo
Interior office/person $ 1,500/mo $ 1,000/mo $ 700/mo

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
W 39th St & Sixth Avenue $ 32 2,000 $ 5,356
W 39th St & Avenue of the Americas $ 45 1,900 $ 7,164
Avenue of the Americas & West 39th Street $ 54 1,400 $ 6,284
W 39th St & Avenue of the Americas $ 40 2,000 $ 6,666
Avenue of the Americas & Between West 38th Street $ 40 2,200 $ 7,333
W 38th St & Between 5th ave $ 35 1,300 $ 3,791
Address $ / SF SF Monthly Rent
W 39th St & 5th Avenue $ 43 3,500 $ 12,541
W 40th St & Avenue of America $ 38 4,700 $ 14,687
Address $ / SF SF Monthly Rent
W 39th St & Fifth Avenue $ 43 5,300 $ 18,991

1040 Avenue of the Americas Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 2,300 Negotiable
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
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Double Agent Testimonial

Double Agent testimonial

1040 Avenue of the Americas

1040 Avenue of the Americas, situated in the Penn Plaza/Garment neighborhood of Manhattan, is a 25-story office building offering 276,962 square feet of rentable Class B office space. Constructed in 1925, it benefits from fiber providers such as Lightower, Level 3 Communications, and Cablevision/Lightpath. Prospective tenants can choose from a variety of rental options, including small, medium, and large spaces, and there may also be sublease options available. Conveniently, several nearby subway stations are within a 6 to 7-minute walk, granting access to multiple train lines. The building's Zip Code is 10018. As of now, there are no coworking options available; however, we offer fee-free negotiations to secure the best deals for you. The average rent prices for office spaces per square foot align with market trends, averaging $58 in 2022 and $59 in 2023.

1040 Avenue of the Americas Property Overview

Bulding Address: 1040 Avenue of the Americas
Building Alternate address(es): 1040 Ave of the Americas
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:25
Year Built:1925
Building Class:B
Block & lot:00841-0001

Public Transportation

Time and Distance from 1040 Avenue of the Americas New York, NY 10018
Transit / Subway Distance Walk
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.2 mi 4 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.3 mi 6 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.3 mi 6 min
5 Avenue-Bryant Park Transit Stop (7) 0.3 mi 7 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.3 mi 7 min

Map Location

Internet Providers at 1040 Avenue of the Americas

Internet Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 1040 Avenue of the Americas
  • New York Building Congress leased 8,285 SF
  • New World Travel, Inc. leased 12,007 SF
  • Air Berlin Americas, Inc. leased 3,812 SF

Nearby Office Tenants Leased
  • Schroders leased 74,000 SF at 7 Bryant Park
  • XP Securities leased 7,558 SF at 5 Bryant Park

Nearby Retail Tenants Leased
  • Libby Interiors leased 1,600 SF at 1032 Avenue of the Americas
  • La Colombe Coffee Roasters leased 1,481 SF at 7 Bryant Park

Office Rent 1040 Avenue of the Americas Average

Year $ / SF
2018 51.5
2021 51.5
2022 58.0
2023 59.0
Year $ / SF
2018 52.67
2022 55.0
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