40 West 57th Street

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 83 3,300 $ 22,728
$ / SF SF Monthly Rent
$ 86 7,300 $ 52,012

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 10,700 Negotiable
$ / 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
Fifth Ave & West 55th Street West 56th Street $ 130 2,600 $ 28,166
Fifth Ave & East 55th Street $ 97 2,600 $ 20,995
Address $ / SF SF Monthly Rent
Fifth Ave & East 56th Street $ 58 4,900 $ 23,785
Address $ / SF SF Monthly Rent
W 57th St & Avenue of the Americas $ 129 6,400 $ 68,906
Avenue of the Americas & West 55th Street West 56th Street $ 111 11,300 $ 104,760
Avenue of the Americas & West 55th Street $ 41 21,700 $ 74,593
Avenue of the Americas & West 55th Street $ 42 5,800 $ 20,058
Fifth Ave & West 56th Street $ 75 6,300 $ 39,401
Madison Ave & East 57th Street $ 43 13,300 $ 47,381
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Vaultus Professional Service Testimonial

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40 West 57th Street

Located in the Plaza District of Manhattan, 40 West 57th Street is a 36-story office building constructed in 1972. It offers superior Class A office space covering a total area of more than 712,000 square feet. The building is well-equipped with fiber providers like Verizon New York, Lightower, tw telecom, and Level 3 Communications, ensuring reliable connectivity. Prospective tenants have a range of rental options to choose from, including small to medium-sized workspaces, large offices, and subleasing opportunities. Although co-working spaces are not currently available, Optimal Spaces can assist tenants in finding favorable lease agreements without any charge. The building is already occupied by renowned 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, and it is projected to increase to $115 per square foot in 2022, aligning with industry norms. The highly desirable location of the Plaza District ensures easy access to excellent connectivity, with several nearby subway stations, including a two-minute walk to the F train station and a five-minute walk to the 57th Street Subway Station, providing convenient access to the N, Q, and R train lines.

40 West 57th Street Property Overview

Bulding Address: 40 W 57th St
Building Alternate address(es): 40 W 57th St
Zip Code:10019
Neighborhood:Plaza District
Borough:Manhattan
Stories:36
Year Built:1972
Building Class:A
Block & lot:01272-0063

Public Transportation

Time and Distance from 40 West 57th Street New York, NY 10019
Transit / Subway Distance Walk
57 Street (F Line) Transit Stop 0.1 mi 2 min
57 Street (N,Q,R Line) Transit Stop 0.2 mi 5 min
5 Avenue-59 Street Transit Stop (N, Q, R) 0.3 mi 6 min
5 Avenue-53 Street Transit Stop (E, M) 0.4 mi 7 min
7 Avenue (B,D,E Line) Transit Stop 0.4 mi 9 min

Map Location

Internet Providers at 40 West 57th Street

Internet Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber 1 Gb/s+ 1 Gb/s+
Level 3 Communications Fiber 1 Gb/s+ 1 Gb/s+
Verizon New York Fiber 1 Gb/s 25 Mb/s
tw telecom Fiber 1 Gb/s+ 1 Gb/s+
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
tw telecom Fiber 10 Gb/s 10 Gb/s

Nearby Office Tenants Leased
  • Vince Camuto Shoes leased 5,600 SF at 1370 Avenue of the Americas

Office Rent 40 West 57th Street Average

Year $ / SF
2019 97.0
2020 104.0
2021 110.0
2022 115.0
Year $ / SF
2020 75.0
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