40 West 57th Street Office Spaces For Lease

40 West 57th Street is a 36-story office building situated in the Plaza District of Manhattan. It was built in 1972 and boasts high-quality Class A office space, totaling over 712,000 square feet. The building is equipped with reliable fiber providers like Verizon New York, Lightower, tw telecom, and Level 3 Communications, ensuring excellent connectivity. There are various rental options available, including small to medium-sized workspaces, large offices, and subleasing opportunities. While co-working spaces are not currently offered, Optimal Spaces can assist tenants in finding favorable lease agreements at no cost. The building is already home to notable corporations such as Taconic Capital Advisors LP, AlixPartners, VF Sportswear, PointState Capital, Highbridge Capital Management, and Nautica. The average rental rate for offices in this building is $110 per square foot in 2021, with projected increases to $115 per square foot in 2022 in line with industry norms. The Plaza District's highly coveted location provides easy access to exceptional connectivity, with multiple subway stations nearby, including a two-minute walk to the F train station and a five-minute walk to the 57th Street Subway Station, offering convenient access to the N, Q, and R train lines.