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Rent/Lease Apartment 38 East 61st Street

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 57th St & Avenue of the Americas $ 112
25,000
$ 232,291
Avenue of the Americas & West 55th Street West 56th Street $ 64
7,300
$ 38,629
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Avenue Of The Americas & West 47th Street $ 56
10,000
$ 46,666
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
6,600
$ 46,750
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 76
2,200
$ 13,841
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of America $ 531
5,100
$ 225,675
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 2274 $ 775
Interior office/person $ 1350 $ 1774 $ 525
Team Rooms $ 10100 $ 9024 $ 5025
Suites $ 20100 $ 13024 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 158
19,300
$ 254,116
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 82
3,500
$ 23,770
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 74
1,900
$ 11,716
Avenue of the Americas & West 51th Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Fifth Ave & West 55th Street West 56th Street $ 165
2,300
$ 31,625
Address $ / SF SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
Address $ / SF SF Monthly Rent
Park Ave & East 59th Street $ 69
6,200
$ 35,650
Madison Ave & East 49th Street $ 57
3,400
$ 16,022
E 52nd St & Fifth Avenue $ 44
3,400
$ 12,608
W 57th St & Avenue of America $ 67
4,100
$ 22,891
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 51
3,400
$ 14,450
E 59th St & Second Avenue $ 93
3,200
$ 24,880
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
Address $ / SF SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,062
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
7,100
$ 31,358
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 60
4,000
$ 20,000
E 59th St & Between 2nd Avenue $ 68
6,500
$ 36,562
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 54
2,000
$ 9,083

Retail Spaces for Rent at 38 East 61st Street

Rent Retail 38 East 61st Street

$ / SF SF Monthly Rent
Negotiable
7,700
Negotiable

Rent Medical Space at 38 East 61st Street

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 38 East 61st Street. This trend is projected to continue. Opportunities for subleases remain available at 38 East 61st Street and in the nearby Plaza District neighborhood.
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38 East 61st Street nyc
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38 East 61st Street Property Overview

Building Address: 38 East 61st Street, New York NY 10065
Building Alternate Address: 38 E 61st St
Zip Code:10065
Neighborhood:Plaza District
Borough:Manhattan
Stories:19
Year Built:1928
Building Class:B

38 East 61st Street, Manhattan, NYC

This building, located in the heart of Manhattan, was first constructed in 1928. It is a high-rise structure with 19 stories, offering a mix of residential and commercial spaces.

The property has undergone renovations, with significant updates in 2001. It features a total of 36 units and is classified as a multifamily property with an apartment style.

The building's location off Madison Avenue provides a premier setting, making it suitable for various uses such as corporate headquarters, medical practices, or community facilities.

The building's history reflects the evolution of Manhattan's real estate landscape, with its original construction during a period of significant urban development.

38 East 61st Street, Manhattan, NYC


38 East 61st Street Amenities

  • Exclusive Features:
    • Two private elevators
    • Exclusive use of marquee and flag
    • Building-within-a-building presence
  • Location Highlights:
    • Premier location off Madison Avenue
    • Between the Plaza District and Lenox Hill
  • Additional Amenities:
    • Concierge
    • Doorman
    • On-site garage
    • Skylights and private reception area

38 East 61st Street, Manhattan, NYC, is a prominent commercial condominium located in the heart of Lenox Hill, near the Plaza District. This property offers 27,289 rentable square feet, ideal for corporate headquarters, medical practices, retail, or other commercial uses.

The building features two private elevators, a building-within-a-building presence, and exclusive use of marquee and flag. It is situated off Madison Avenue, providing a premier location with excellent accessibility via subway lines N, R, W, 4, 5, 6 at Lexington Avenue & 59th Street and F, Q at Lexington Avenue & 63rd Street.

Recent transactions include EMS Capital acquiring retail space at this address for $9.1 million.


Internet providers available near 38 East 61st Street, Manhattan, NYC include:

  • Verizon: Offers fiber internet with speeds up to 2,300 Mbps.
  • Spectrum: Provides fiber internet with speeds up to 1,000 Mbps, though coverage is limited to 16.4% of the area.
  • Earthlink: Offers fiber internet with speeds up to 2,300 Mbps, covering 95.9% of the neighborhood.

Location: 38 East 61st Street, Manhattan, NYC

Nearest Cross Streets: 1st Avenue and 2nd Avenue

Public Transportation:

  • Bus: BXM4, M15, M15-SBS, M31, M98, Q101
  • Subway: 4, 5, N, R, W (nearest station: Lexington Av/59 St)
  • Train: FAR ROCKAWAY BRANCH, HARLEM, PATH
  • Cable Car: ROOSEVELT ISLAND TRAM (nearby)

Brightwater Fund LLC Testimonial

Brightwater Fund LLC testimonial
🤝
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.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

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.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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