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Rent/Lease Apartment 237 E 20th St
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 237 E 20th St. This trend is projected to continue. Opportunities for subleases remain available at 237 E 20th St and in the nearby Gramercy Park neighborhood.
Why Optimal Spaces –
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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”)
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237 E 20th St Property Overview
| Building Address: | 237 E 20th St, New York NY 10003 |
| Zip Code: | 10003 |
| Neighborhood: | Gramercy Park |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1929 |
| Building Class: | B |
237 East 20th Street Building History
- Construction Year: 1929
- Architecture: 10-story elevator apartment building in Gramercy Park neighborhood
- Original Classification: New Law Tenement (later updated to Elevator Apartment - Fireproof without Stores)
- Size: 74,120 total sqft across 72 residential units
- Structural Features: Fireproof construction with 11,132 sqft lot
- Historical Context: Built during NYC's residential construction boom preceding the Great Depression
- Ownership: Maintained consistent residential use since 1929 with tax-assessed value reflecting prime Manhattan location
Neighborhood: Situated in tree-lined Gramercy Park historic district, known for its residential character and proximity to urban amenities
237 East 20th Street, Gramercy Park, Manhattan, NY 10003
Building Overview
- 72-unit residential building
- 10 stories
- Built in 1929
- Building Class: New Law Tenement
- Total area: 74,120 sq ft
Amenities & Features
- Doorman
- Elevators
- Live-in superintendent
- Porter service
- Laundry facilities
- Storage available
- Common roof area
Neighborhood
- 72-unit residential building
- 10 stories
- Built in 1929
- Building Class: New Law Tenement
- Total area: 74,120 sq ft
Amenities & Features
- Doorman
- Elevators
- Live-in superintendent
- Porter service
- Laundry facilities
- Storage available
- Common roof area
Neighborhood
Located in Gramercy Park, Manhattan, offering easy access to local amenities and the vibrant neighborhood atmosphere.
Additional Information
- No tax abatements
- Known maintenance and housing complaints have been recorded, placing this building in the riskiest 10% of Gramercy buildings for maintenance issues.
- Predicted 21% chance of no major maintenance problems in the next 12 months.
- Wood burning fireplaces
- Original hardwood floors
- Renovated kitchens
- Generous layouts
- Part-time doorman
- Elevator
- Laundry facilities
- Live-in superintendent
- Roof deck
237 East 20th Street, Manhattan, NYC
Office Tenants Rented / Leased
237 East 20th Street is a 10-story building located in the Gramercy Park neighborhood of Manhattan. Built in 1929, it offers a total of 74 rental units.
The building features amenities such as a doorman and elevators, supporting comfortable office and residential use.
Available information on specific office tenants rented or leased at 237 East 20th Street is not publicly disclosed. The building is primarily known as a rental property with mixed residential and office use, but tenant details are not listed in public records or recent sources.
Internet providers available at 237 E 20th St, Manhattan, NYC include:
Verizon Fios: Offers high speeds up to 2.3 Gbps and is renowned for its reliability. Plans start at $49.99 and can be bundled with other services.
Astound Broadband Powered by RCN: Provides both cable and fiber services with unlimited data. It offers affordable plans starting at $25 per month for 300 Mbps speeds.
Spectrum: Offers speeds up to 1 Gbps, with starting prices at $30 per month. Bundles are available, including TV and phone services.
Transportation & Cross Streets
- Cross streets: Between 2nd & 3rd Avenues
- Subway access: 6 train (23rd St station) within walking distance
- Transit score: 100/100 (rider's paradise)
- Nearby transportation: 3 Avenue station (~0.4 mile)
- Airports: LGA (9.1 miles), EWR (13.7 miles)
- Commuter rail access: Within 1 mile radius (multiple lines)
Nearby Office Tenants Leased
- Knotel leased 16,725 SF at 3 East 28th St
- Superfly Productions leased 16,267 SF at 381 Park Avenue South
- Union Square Hospitality… leased 15,126 SF at 853 Broadway
- New York Dermatology Gr… leased 14,182 SF at 119 Fifth Ave
- Knotel leased 14,174 SF at 41 Union Square West
- Ackerman Institute for th… leased 14,000 SF at 936 Broadway
- T. Rowe Price leased 13,450 SF at 233 Park Avenue South
- Piano leased 13,092 SF at 85 Fifth Ave
- Levy Alan Chiropractor leased 13,000 SF at 920 Broadway
- OTG Management leased 12,200 SF at 352 Park Ave South
- By Chloe leased 1,650 SF at 27 Union Square West
- The Shade Store leased 1,610 SF at 254 Park Avenue South
- EXKi leased 1,500 SF at 257 Park Ave South
- Monsoon Accessorize USA leased 500 SF at 1 Union Square West
- En Japonais leased 0 SF at 225 Park Ave S
- Burlington Coat Factory leased 70,000 SF at 100 West 125th St
- Quality Eats leased 51,222 SF at 3 East 28th Street
- Equinox leased 44,458 SF at 315 Park Avenue South
- Hennes & Mauritz (H & M) leased 20,000 SF at 111 Fifth Ave
- The Mind/Body Medical Group leased 18,000 SF at 304 Park Ave South
Finnerty Economic Consulting, LLC. Testimonial
To Whom It May Concern:
My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street.
I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching.
I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan.
Very truly yours,
John D. Finnerty
Managing Principal