Rent Office 40 West 57th Street

Rent Office - 40 W 57th St

$ / SF	SF	Monthly Rent
Negotiable	9,200	Negotiable
Negotiable	4,000	Negotiable
Negotiable	3,200	Negotiable
Negotiable	3,200	Negotiable
$ 83	4,200	$ 28,927
$ 83	4,000	$ 27,549
$ 83	4,000	$ 27,549
$ 83	4,300	$ 29,616
$ 86	7,300	$ 52,012
$ 83	3,300	$ 22,728
$ 83	4,500	$ 30,993

$ / SF	SF	Monthly Rent
Negotiable	25,000	Negotiable
$ 86	25,000	$ 178,125
$ 86	10,800	$ 76,950
$ 86	10,300	$ 73,387
$ 86	11,300	$ 80,512
$ 86	12,300	$ 87,637
$ 86	13,300	$ 94,762
$ 86	14,300	$ 101,887
$ 86	15,300	$ 109,012
$ 86	16,300	$ 116,137
$ 86	17,300	$ 123,262
$ 86	18,300	$ 130,387
$ 86	19,300	$ 137,512
$ 86	20,300	$ 144,637
$ 95	10,800	$ 85,814
$ 95	10,800	$ 85,500
$ 86	25,000	$ 178,125
$ 95	10,700	$ 84,708
$ 105	15,800	$ 138,250

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

Rent Sublease Office - 40 W 57th St

$ / SF	SF	Monthly Rent
Negotiable	25,000	Negotiable
Negotiable	10,700	Negotiable

$ / SF	SF	Monthly Rent

$ / SF	SF	Monthly Rent

Rent Coworking Office

Type of Space	Class A	Class B	Class C
Windowed office/person	$ 2,000/mo	$ 1,250/mo	$ 750/mo
Interior office/person	$ 1,250/mo	$ 750/mo	$ 500/mo

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	$ 63	2,300	$ 12,108

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	$ 62	2,500	$ 12,963

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	$ 64	18,000	$ 96,187
Fifth Ave & East 55th Street	Negotiable	19,300	Negotiable

Address	$ / SF	SF	Monthly Rent
Lexington Ave & Lexington Avenue	$ 39	2,500	$ 8,125
Fifth Ave & West 47th Street	$ 41	2,400	$ 8,175
E 57th St & Lexington Avenue	$ 46	1,100	$ 4,193
E 60th St & Madison Avenue	$ 71	1,600	$ 9,466
E 56th St & Park Avenue South	$ 41	1,500	$ 5,109

Address	$ / SF	SF	Monthly Rent
Lexington Ave & Lexington Avenue	$ 39	2,700	$ 8,859
Fifth Ave & West 47th Street	$ 41	4,800	$ 16,350
E 57th St & Lexington Avenue	$ 45	5,300	$ 19,875
E 60th St & Madison Avenue	$ 71	4,400	$ 26,033
Fifth Ave & East 48th Street	$ 39	4,500	$ 14,625
E 62nd St & Second Avenue	$ 36	2,600	$ 7,800

Address	$ / SF	SF	Monthly Rent
E 60th St & Fifth Avenue	$ 38	10,500	$ 33,468

Address	$ / SF	SF	Monthly Rent
W 47th St & Avenue of the Americas	$ 53	1,100	$ 4,858

Address	$ / SF	SF	Monthly Rent
W 47th St & Avenue of the Americas	$ 53	2,900	$ 12,808
Park Ave & Between East 57th Street	$ 35	4,900	$ 14,455
E 59th St & Between 2nd Avenue	$ 60	6,500	$ 32,500
W 57th St & 6th Avenue	Negotiable	4,800	Negotiable

Address	$ / SF	SF	Monthly Rent
Park Ave & Between East 57th Street	$ 35	11,100	$ 32,745

Rent Nearby Coworking Office

Coworking Offices

Type of Space	Class A	Class B	Class C
Windowed office/person	$ 2,000/mo	$ 1,250/mo	$ 1,000/mo
Interior office/person	$ 1,250/mo	$ 750/mo	$ 500/mo

Retail Spaces for Rent

Rent Retail - 40 W 57th St

$ / SF	SF	>Monthly Rent
Negotiable	1,400	Negotiable
Please notify me when a new space is available

$ / SF	SF	>Monthly Rent
Negotiable	5,900	Negotiable

$ / SF	SF	>Monthly Rent

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

Nearby retail Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	Negotiable	900	Negotiable
Madison Ave & East 51st Street	Negotiable	700	Negotiable
Third Ave & East 52nd Street Street	$ 200	900	$ 15,000

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	Negotiable	1,600	Negotiable
Park Ave & East 58th Street	Negotiable	1,500	Negotiable
Avenue of the Americas & West 53rd Street	Negotiable	1,600	Negotiable
Madison Ave & East 55th Street	Negotiable	1,500	Negotiable
Madison Ave & East 60th Street	Negotiable	1,700	Negotiable
Third Ave & East 54th Street	Negotiable	2,000	Negotiable
Third Ave & East 52nd Street	Negotiable	1,300	Negotiable
Madison Ave & East 48th Street	Negotiable	1,000	Negotiable
Madison Ave & East 51st Street	Negotiable	1,500	Negotiable
Madison Ave & East 56th Street	Negotiable	1,400	Negotiable
Fifth Ave & East 48th Street	Negotiable	1,800	Negotiable
Third Ave & East 47th Street	Negotiable	1,700	Negotiable
Third Ave & East 49th Street	Negotiable	1,700	Negotiable
Fifth Ave & East 53rd Street East 52nd Street	Negotiable	1,900	Negotiable
Third Ave & East 52nd Street Street	$ 225	1,800	$ 33,750
Madison Ave & East 59th Street	Negotiable	1,200	Negotiable
Rockefeller Plaza & Avenue of the Americas	Negotiable	1,200	Negotiable
E 59th St & Park Avenue	Negotiable	1,800	Negotiable
Third Ave & East 50th Street	Negotiable	1,500	Negotiable
Fifth Ave & West 52nd Street	Negotiable	1,600	Negotiable

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	Negotiable	4,000	Negotiable
Fifth Ave & East 46th Street	Negotiable	12,600	Negotiable
Dag Hammarskjold Plz & East 47th Street	Negotiable	7,700	Negotiable
Madison Ave & East 55th Street	Negotiable	2,900	Negotiable
Park Ave & East 59th Street	Negotiable	2,500	Negotiable
Madison Ave & East 60th Street	Negotiable	2,500	Negotiable
Third Ave & East 54th Street	Negotiable	2,900	Negotiable
Avenue of the Americas & West 55th Street West 56th Street	$ 81	5,800	$ 39,150
Third Ave & East 52nd Street	Negotiable	2,200	Negotiable
Park Ave & East 53rd Street	Negotiable	4,200	Negotiable
E 58th St & Lexington Avenue	Negotiable	2,300	Negotiable
Park Ave & East 48th Street	Negotiable	2,900	Negotiable
Park Ave & East 56th Street	Negotiable	22,600	Negotiable
Third Ave & East 50th Street	Negotiable	2,500	Negotiable
Madison Ave & East 51st Street	Negotiable	4,400	Negotiable

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 48th Street	$ 28	2,000	$ 4,688
W 57th St & Avenue of the Americas	Negotiable	1,800	Negotiable
Third Ave & East 61st Street	$ 86	1,700	$ 12,240

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 49th Street	Negotiable	2,800	Negotiable
E 60th St & Madison Avenue	Negotiable	4,500	Negotiable
Fifth Ave & East 48th Street	$ 28	4,400	$ 10,314
E 55th St & Third Avenue	Negotiable	3,000	Negotiable
W 47th St & Avenue of America	$ 84	4,500	$ 31,672
E 58th St & Park Avenue	Negotiable	7,100	Negotiable
E 59th St & Second Avenue	Negotiable	5,700	Negotiable
W 57th St & Avenue of the Americas	Negotiable	3,200	Negotiable
E 59th St & Madison Avenue	Negotiable	3,000	Negotiable
Madison Ave & East 57th Street	Negotiable	5,700	Negotiable

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent
W 57th St & 6th Avenue	Negotiable	5,200	Negotiable

Rent Medical Space

Nearby medical Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Rockefeller Plaza & West 48th Street	Negotiable	1,600	Negotiable
Rockefeller Plz & West 50th Street	Negotiable	1,800	Negotiable
Madison Ave & East 59th Street	Negotiable	1,800	Negotiable
E 57th St & Park Avenue	Negotiable	2,400	Negotiable
E 60th St & Park Avenue South	Negotiable	1,200	Negotiable

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 53rd Street	Negotiable	4,000	Negotiable
Madison Ave & East 55th Street	Negotiable	4,600	Negotiable
Fifth Ave & East 54th Street	$ 69	4,800	$ 27,600
Madison Ave & East 59th Street	Negotiable	3,100	Negotiable
E 57th St & Park Avenue	Negotiable	4,100	Negotiable
E 60th St & Park Avenue South	Negotiable	3,200	Negotiable

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 53rd Street	Negotiable	5,200	Negotiable

Address	$ / SF	SF	Monthly Rent
E 60th St & Madison Avenue	$ 70	2,700	$ 15,750

Address	$ / SF	SF	Monthly Rent
E 55th St & Lexington Avenue	Negotiable	4,600	Negotiable
E 60th St & Madison Avenue	$ 70	4,000	$ 23,333
Fifth Ave & East 48th Street	Negotiable	4,500	Negotiable
Madison Ave & East 49th Street	$ 60	3,000	$ 15,000
E 55th St & Park Avenue	Negotiable	3,200	Negotiable

Address	$ / SF	SF	Monthly Rent
Fifth Ave & West 47th Street	$ 65	6,400	$ 34,666
E 60th St & Madison Avenue	Negotiable	5,400	Negotiable
E 52nd St & Fifth Avenue	$ 52	5,100	$ 22,100
E 58th St & Park Avenue	Negotiable	10,800	Negotiable
Fifth Ave & West 58th Street	$ 75	5,800	$ 36,250
E 61st St & Between East 61st Street	Negotiable	10,000	Negotiable

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

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Lease 40 West 57th Street

Property Summary

Rent 40 West 57th Street Property Overview

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

40 West 57th Street is a 34-story modernist/International-style office building in Manhattan, NYC. Completed in 1972, it was originally known as the Squibb Building and designed by Jack Brown. The building stands at 428 feet tall.

The pharmaceutical company Squibb occupied the building until 2002, after merging with Bristol-Myers in 1989. Between 2001 and 2002, Kohn Pederson Fox led a major renovation, which included rebuilding the tower podiums, renovating the pedestrian arcade connecting 56th and 57th Streets, reconfiguring the main lobby, and upgrading vertical transportation and security systems.

Along 57th Street, the building features a two-story arcade with retail storefronts, including a through-block pedestrian arcade and the restaurant Nobu 57.

40 W 57th St, Manhattan, NYC

Also known as:

Squibb Building
43-55 W 56th St
32-46 W 57th St

Property Details:

Year Built: 1972
Year Last Altered: 2008
Stories: 36
Building Type: Office
Neighborhood: Central Midtown

Location Highlights:

Located near Central Park
Prime business space in a burgeoning district
Home to elite financial services and asset management companies

40 West 57th Street offers several premium amenities:

Newly-renovated lobby
Tenant Lounge
Roof deck / Terrace
Conference Center
World-class dining at Nobu 57
On-site parking

Notable tenants at 40 W. 57th St. include:

HPS Investment Partners
Givaudan Fragrances
Access Industries
Nobu Group
Loro Piana
Lee Equity Partners
MHR Fund Management
Two Creeks Capital Management
Andalusian Sports Advisors

Internet Providers at 40 W 57th St, Manhattan, NYC

Residents at 40 W 57th St, Manhattan, have access to several top internet providers.

Verizon Fios: Known for its high speeds up to 2 Gbps and reliable service, Verizon Fios is a top choice if available.
Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data, though coverage may vary.
Spectrum: Provides cable internet with speeds up to 1 Gbps and is widely available in Manhattan.

40 W 57th St, Manhattan, NYC is conveniently located near several public transportation options. The nearest subway stations include 57 St and 57 St-7 Av, both just a 2-minute walk away. Other nearby subway lines are the 1, F, FX, N, R, W. For bus travel, the closest stops are W 57 St/6 Av and 6 Av/W 57 St, with routes including the BXM10, M31, M5, M7, Q32. Train options include the HARLEM, PATH, PORT WASHINGTON BRANCH lines.

The cross streets for this location are 5th Avenue and 6th Avenue, providing easy access to various parts of Manhattan.

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 Tenants

Rent Office - 40 West 57th Street Average

Direct Office
Sublease Office

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

Year	$ / SF
2020	75.0

Innisfree Mergers and Acquisitions Testimonial

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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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