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Rent/Lease Apartment 332-340 E 51st St
Class B 10022 Buildings Turtle Bay
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 332-340 E 51st St. This trend is projected to continue. Opportunities for subleases remain available at 332-340 E 51st St and in the nearby Turtle Bay 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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332-340 E 51st St Property Overview
| Building Address: | 332-340 E 51st St, New York NY 10022 |
| Building Name: | Stonehenge 51 |
| Zip Code: | 10022 |
| Neighborhood: | Turtle Bay |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1965 |
| Building Class: | B |
The Allen House at 340 East 51st Street, Manhattan
Location: The building is situated in the Turtle Bay neighborhood of Manhattan, New York City.
Year Built: The Allen House was originally built in 1965.
Year Last Altered: Significant alterations were made in 2010.
Building Specifications:
- Number of Units: The building contains 116 residential units according to some sources and 115 units according to others.
- Number of Stories: It stands at 14 stories high.
- Construction Type: The building is classified as an elevator apartment, fireproof without stores (D3).
Recent Sales History: The property was sold for $66,248,000 on February 20, 2020.
332-340 East 51st Street
Building Name: Stonehenge 51 | The Allen House
Address: 332-340 E 51st St, Manhattan, NY 10022
Neighborhood: Turtle Bay
Year Built: 1965
Class: B (Office) | D3 (Residential)
Units: 114-116
Stories: 14
Sq.Ft: 88,658 (Building) | 9,414 (Lot)
Building Amenities at 332-340 E 51st St, Manhattan, NYC
- Full-Time Doorman
- Elevator (Attended)
- Gym
- Laundry in Building
- Common Roof Deck
- Video Security
- Spectrum Cable/Internet
- Live-in Super
- Shared Outdoor Space
Building Type: Midrise Rental
Stories: 14
Units: 115
Built: 1965, Post-war era
Pet Policy: No Pets Allowed
332-340 E 51st St, Manhattan, NYC, is part of the Stonehenge 51 building. While specific information on office tenants is not available, the building primarily offers residential accommodations with luxury amenities.
Building Details:
- Location: Turtle Bay, Manhattan, NYC
- Zip Code: 10022
- Building Type: Residential with office spaces available (Class B)
- Year Built: 1965
- Units: 115 residences (also has office spaces)
- Floors: 14 stories
Neighborhood Amenities:
- Convenient to public transportation and Grand Central Station
- Access to shopping, restaurants, and nightlife in Midtown East
- Full-service luxury building with doorman
- Spectrum (Cable) - Speeds up to 1 Gbps, plans from $30/month
- T-Mobile Fiber - 99% availability, fiber service
- EarthLink - 98% availability, various technologies
- Verizon Fios - Fiber plans from 300 Mbps to 2 Gbps, $49.99+
- Astound Broadband (RCN) - Fiber/cable hybrid, unlimited data
Address: 332-340 E 51st St, Manhattan, New York, NY 10022
Cross Streets: Located at 1st Avenue and 2nd Avenue.
Public Transportation
- Subway: Nearest stations are Lexington Av/53 St (0.3 mi), 59 Street (0.7 mi), and routes 4/5/6, E/M lines within walking distance.
- Bus: M15-SBS, QM32, QM42, and 50TH ST routes nearby.
- Train: Grand Central Madison (0.3 mi) and LIRR routes accessible.
- Cable Car: Roosevelt Island Tram nearby.
Commuter Rail
- Port Washington, Babylon, and Harlem Line access via Grand Central.
Airports
- LaGuardia: 7.1 miles (16-minute drive)
- Newark Liberty: 15.4 miles (22-minute drive)
Nearby Office Tenants Leased
- The Ad Council leased 24,368 SF at 815 Second Ave
- Banco Bradesco leased 21,822 SF at 450 Park Avenue
- Glendower Capital leased 21,028 SF at 410 Park Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Jay Suites leased 18,989 SF at 369 Lexington Ave
- Levin Capital Strategies leased 18,967 SF at 595 Madison Ave
- SAC Capital leased 16,786 SF at 540 Madison Ave
- Donnelley Financial Soluti… leased 16,750 SF at 140 East 45th St
- Northwell Health leased 16,720 SF at 130 East 59th Street
- NADAP leased 16,000 SF at 355 Lexington Avenue
- Taco Dumbo, Omakasa leased 2,407 SF at 237 Park Avenue
- Camper leased 2,380 SF at 635 Madison Ave
- Balade Your Way leased 2,373 SF at 641 Lexington Avenue
- ViVa Events and Catering leased 2,000 SF at 222 East 58th Street
- Oscar de la Renta leased 2,000 SF at 772 Madison Ave
- Ribot leased 2,000 SF at 780 Third Ave
- Columbia Organic Holdings leased 1,900 SF at 19 West 44th St
- Mephisto leased 1,854 SF at 488 Madison Avenue
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- Hale and Hearty leased 1,800 SF at 369 Lexington Ave
Innisfree Mergers and Acquisitions Testimonial
Dear Steve,
We are pleased to serve as a reference for you and Optimal Spaces Inc. You and your team did a great job for us in finding a sublease at 67 Wall Street. You were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
We look forward to working with you again.
Very truly yours,
Arthur B. Crozier
Co-Chairman