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Rent/Lease Apartment 21-25 W 58th St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 21-25 W 58th St. This trend is projected to continue. Opportunities for subleases remain available at 21-25 W 58th St and in the nearby Midtown East neighborhood.

Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)

21-25 W 58th St Property Overview

Building Address: 21-25 W 58th St, New York NY 10019
Building Name: 21 West 58th Street Apartments
Zip Code:10019
Neighborhood:Midtown East
Borough:Manhattan
Stories:0
Year Built:1926
Building Class:B

History of 21-25 West 58th Street, Manhattan, NYC

The building located at 21-25 West 58th Street in Manhattan, New York City, was constructed in 1926. This 12-story structure encompasses approximately 59,701 square feet and is classified as an elevator apartment building with commercial stores, falling under the fireproof construction category.

Situated in the Central Midtown neighborhood, the site covers a lot area of 5,824 square feet. The building has retained its prominence in the Midtown area since its completion.

Originally built in the pre-war era, the building features classic architectural elements typical of the 1920s, contributing to the historic fabric of the neighborhood near landmarks such as the Plaza Hotel. It underwent significant alterations in 1989, which preserved its integrity while potentially modernizing some facilities.

Over its long history, the property has seen various ownership and usage changes but remains a distinct example of early 20th-century construction in Midtown Manhattan. Its proximity to major commercial and cultural hubs has maintained its relevance in the dynamic New York City real estate landscape.

21-25 W 58th St, Manhattan, NYC
Also known as: 21 West 58th Street, New York, NY 10019
Located in the Central Midtown area of Manhattan, close to notable landmarks like the Plaza Hotel and Fifth Avenue.


Located a short walk from Central Park and Fifth Avenue, 21-25 West 58th Street in Manhattan is a vintage building featuring several convenient amenities for residents.

  • Doorman providing full-time security and assistance
  • Elevator access to all floors
  • On-site laundry facilities
  • Property management on site
  • On-site retail spaces

Office Tenants Rented / Leased at 21-25 W 58th St, Manhattan, NYC

The building at 21-25 W 58th St is a Class B office space building completed in 1926, situated in Midtown East, Manhattan. It offers a variety of office sizes suitable for small, medium, and large tenants.

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

The building contains 68 units, primarily serving office tenants with various space options.


Internet providers available at 21-25 W 58th St, Manhattan, NYC, may include:

  • Verizon Fios - Offers high speeds up to 2 Gbps with competitive pricing.
  • Astound Broadband Powered by RCN - Provides both cable and fiber options with unlimited data.
  • Spectrum - Known for cable internet with speeds up to 1 Gbps and affordable bundles.

Availability may vary depending on specific building infrastructure and provider coverage.


21-25 W 58th St in Manhattan, NYC, is strategically located in the heart of Midtown, offering excellent transportation options and access to key cross streets.

Transportation:

Residents have easy access to the 57 Street subway station on the F Line, just a short 0.1-mile walk away. Nearby Grand Army Plaza & Central Park South provides additional subway service via the N-Q-R lines. Bus route M57 is also nearby on W 57th St and Av of the Americas.

Cross Streets:

Located near the intersection of West 58th Street and 5th Avenue, providing direct access to some of Manhattan's most renowned attractions and amenities, including Central Park and the Plaza Hotel.

Airports:

Major airports such as Laguardia and Newark Liberty International are within a reasonable driving distance. Laguardia is approximately 7.2 miles (15-minute drive), while Newark Liberty is about 15.2 miles (22-minute drive).

Nearby Office Tenants Leased
  • Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
  • Grant Thornton LLP leased 130,357 SF at 757 Third Ave
  • Holland & Knight leased 130,296 SF at 900 Third Ave
  • First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
  • Alvarez & Marsal Holdings… leased 128,798 SF at 600 Madison Ave
  • Katten leased 125,000 SF at 50 Rockefeller Plaza
  • Ziff Brothers Investment leased 125,000 SF at 350 Park Avenue
  • Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
Nearby Retail Tenants Leased
  • Breitling leased 8,500 SF at 5 East 57th St
  • Megu leased 8,500 SF at 845 United Nations Plaza
  • Roche Bobois leased 8,200 SF at 950 Third Avenue
  • Duane Reade leased 8,100 SF at 260 Madison Ave
  • 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
  • Valley National Bank leased 7,713 SF at 71 West 47th St
  • Louis the 13th Cognac leased 7,500 SF at 3 West 57th Street
  • HSBC leased 7,491 SF at 250 Park Avenue
  • Asanda Aveda leased 6,800 SF at 120 East 56th St
  • Francois Latapie leased 6,500 SF at 30 East 60th St

Nuverse Advisor LLC Testimonial

Nuverse Advisor LLC testimonial Dear Stephen, We would like to thank you for your assistance in helping us to arrange a sublet in Olympic Tower. My partners and I were determined to sublet a space that was fully furnished and equipped to our specifications at a fair market value. We utilized several different brokers, but we found that only you consistently found new sublet opportunities for us during the entire year of our search. When we began our search, prices for Class A office space in the Plaza District ranged from $80-150/RSF, by the end of our search the prices had fallen to $50-$85/RSF. Your hard work and tenacity at finding new listings allowed us to find the ideal space at the right price in Class A. Thanks for sticking with us. Sincerely, Elias Saal