250 West 40th Street

Class: C + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ / 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 & Eighth Avenue $ 40 3,000 $ 9,937
W 39th St & Eight Avenue $ 39 2,300 $ 7,475
W 39th St & Eighth Avenue $ 40 1,500 $ 5,000
Address $ / SF SF Monthly Rent
W 38th St & Between West 38th Street $ 40 3,500 $ 11,666
W 39th St & Seventh Avenue $ 35 3,700 $ 10,791
W 40th St & Eighth Avenue $ 43 4,800 $ 17,300
W 39th St & Eight Avenue $ 32 3,800 $ 9,975
Address $ / SF SF Monthly Rent
W 40th St & Between West 39th Street $ 34 7,600 $ 21,612
W 39th St & Eight Avenue $ 42 7,300 $ 25,641
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Sander Partnership Inc Testimonial

Sander Partnership Inc testimonial

250 West 40th Street

Located in the popular Penn Plaza/Garment neighborhood of Manhattan, 250 West 40th Street is a 14-story office building that offers a variety of rental and lease options, including small, medium, and large office spaces. Unfortunately, there are currently no coworking options available at this address. However, our team can assist you in finding nearby coworking spaces without any fees involved.

With 68,000 square feet of office space available for rent, this Class C building has been standing since its completion in 1924. There may also be sublease options for those interested in leasing office space within the building.

The average office rent at 250 West 40th Street in 2021 was $25.46 per square foot. However, the pricing does not follow typical market trends, making it an attractive choice for those seeking a favorable deal.

Transportation is convenient from this location, with several transit options nearby. The 42nd Street-Port Authority Bus Terminal Subway Station, served by the A, C, and E train lines, is just a 4-minute walk away. Similarly, the Times Square-42 Street Subway Station, which provides access to the 1, 2, 3, 42 St Shuttle, 7, N, Q, and R train lines, is only a 5-minute walk from the building. The 34th Street-Penn Station Subway Station, with access to the A, C, and E lines, is a 7-minute walk away. Additionally, both the 42nd Street-Bryant Park and 34th Street-Penn Station Subway Stations, offering access to multiple train lines, are within a 9-minute walk.

250 West 40th Street Property Overview

Bulding Address: 250 W 40th St
Building Alternate address(es): 250 W 40th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:14
Year Built:1924
Building Class:C
Block & lot:00789-0067

Public Transportation

Time and Distance from 250 West 40th Street New York, NY 10018
Transit / Subway Distance Walk
42 Street-Port Authority Bus Terminal Transit Stop (A, C, E) 0.2 mi 4 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.2 mi 5 min
34 Street-Penn Station (A,C,E Line) 0.4 mi 7 min
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.4 mi 8 min
34 Street-Penn Station (1,2,3 Line) 0.4 mi 9 min

Map Location


Nearby Office Tenants Leased
  • Samoo Architecture leased 5,300 SF at 620 Eighth Ave

Nearby Retail Tenants Leased
  • Vihans leased 3,324 SF at 592 Eighth Ave
  • Dean & DeLuca leased 3,200 SF at 620 Eighth Ave

Office Rent 250 West 40th Street Average

Year $ / SF
2020 26.75
2021 25.46
2022 24.0
Year $ / SF
2019 39.4
2020 29.0
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