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Rent/Lease Apartment 420-438 Second Ave

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Nearby Sublease office Spaces for Rent

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Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1954 $ 775
Interior office/person $ 1350 $ 1454 $ 525
Team Rooms $ 10100 $ 8704 $ 5025
Suites $ 20100 $ 12704 $ 7025

Nearby office Spaces for Rent

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Retail Spaces for Rent at 420-438 Second Ave

Rent Retail 420-438 Second Ave

$ / SF SF Monthly Rent
Negotiable
2,000
Negotiable

Rent Medical Space at 420-438 Second Ave

Nearby Office Tenants Leased
  • Enfatico leased 98,175 SF at 11 Madison Ave
  • LivingSocial leased 60,405 SF at 101 Fifth Ave
  • Yext leased 58,194 SF at 1 Madison Ave
  • Empire Office leased 26,700 SF at 105 Madison Ave
  • Eileen Fisher leased 19,000 SF at 111 Fifth Ave
  • Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
  • Wedding Atelier leased 3,100 SF at 103 Fifth Ave
  • California Costume Collections, Inc. leased 1,895 SF at 1115 Broadway
  • Edition 01 Inc. leased 1,052 SF at 1133 Broadway
  • Logocos America LLC leased 391 SF at 1123 Broadway
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 420-438 Second Avenue. This trend is projected to continue. Opportunities for subleases remain available at 420-438 Second Avenue and in the nearby Kips Bay neighborhood.
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420-438 Second Avenue nyc
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420-438 Second Avenue Property Overview

Building Address: 420-438 Second Ave, New York NY 10010
Building Name: New York Towers
Building Alternate Address: 420-438 2nd Ave
Zip Code:10010
Neighborhood:Kips Bay
Borough:Manhattan
Stories:20
Year Built:1964
Building Class:B

420-438 Second Avenue, Manhattan, NYC

Located on the East Side of Manhattan, 420-438 Second Avenue is situated in the heart of the city, extending through several vibrant neighborhoods.

Historical Context

Second Avenue itself has a rich history, once known as the "Yiddish Theater District" or "Yiddish Broadway" due to its numerous Yiddish theater productions in the early 20th century.

The area was also impacted by the Second Avenue Elevated train line, which ran above the avenue until its demolition in 1942. This elevated line contributed to the modest architectural character of the area, with many working-class tenements constructed during that era.

Neighborhood Significance

Today, Second Avenue passes through diverse neighborhoods such as the Lower East Side, East Village, Kips Bay, and Yorkville, offering a blend of cultural and historical significance.

The building at 420-438 Second Avenue benefits from its proximity to these neighborhoods, providing access to a variety of cultural, dining, and entertainment options.

420-438 Second Avenue, also known as 420 2nd Avenue, is located in Manhattan, New York City, within the 10010 zip code.

This property offers a total of approximately 18,457 square feet of retail space.

Key features include:

  • Frontage: 350 feet
  • Ceiling Height: 9 feet
  • Availability: Available Q3 2024
  • Divisions Considered: Yes
  • Venting and Gas: Available

Building Amenities at 420-438 Second Avenue

  • Venting and gas available
  • Prime location on Second Avenue between 24th and 25th Streets
  • Close proximity to major transportation hubs
  • Located in a vibrant neighborhood with diverse dining and shopping options

420-438 Second Avenue, located in Manhattan, NYC, offers office spaces for rent. The property spans from 24th to 25th Street on Second Avenue, providing a significant frontage of 350 feet. The available space ranges from 2,018 to 11,800 square feet, with a ceiling height of 9 feet. The ground floor offers 11,800 square feet, while the lower level provides 6,300 square feet. Divisions are considered, making it suitable for various office configurations.


Internet Providers at 420-438 Second Ave, Manhattan, NYC:

Residents in this area typically have access to several internet providers, including:

Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.

Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing.

Spectrum: Provides widespread coverage with speeds up to 1 Gbps.


Location: 420-438 Second Ave, Manhattan, NYC

Nearest Subway Stations:

  • Grand Central-42 St (4, 5, 6, 7, S trains) - 7-minute walk
  • Second Avenue Subway (Q train) - nearest stations at 72nd, 86th, and 96th Streets

Bus Routes:

  • M15 Select Bus Service
  • M103
  • M42
  • QM32, QM42

Cross Streets:

  • East 42nd Street
  • East 43rd Street
  • East 44th Street
Nearby Office Tenants Leased
  • Enfatico leased 98,175 SF at 11 Madison Ave
  • LivingSocial leased 60,405 SF at 101 Fifth Ave
  • Yext leased 58,194 SF at 1 Madison Ave
  • Empire Office leased 26,700 SF at 105 Madison Ave
  • Eileen Fisher leased 19,000 SF at 111 Fifth Ave
  • Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
  • Wedding Atelier leased 3,100 SF at 103 Fifth Ave
  • California Costume Collections, Inc. leased 1,895 SF at 1115 Broadway
  • Edition 01 Inc. leased 1,052 SF at 1133 Broadway
  • Logocos America LLC leased 391 SF at 1123 Broadway

Nearby Office Tenants Leased
  • Enfatico leased 98,175 SF at 11 Madison Ave
  • LivingSocial leased 60,405 SF at 101 Fifth Ave
  • Yext leased 58,194 SF at 1 Madison Ave
  • Empire Office leased 26,700 SF at 105 Madison Ave
  • Eileen Fisher leased 19,000 SF at 111 Fifth Ave
  • Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
  • Wedding Atelier leased 3,100 SF at 103 Fifth Ave
  • California Costume Collections, Inc. leased 1,895 SF at 1115 Broadway
  • Edition 01 Inc. leased 1,052 SF at 1133 Broadway
  • Logocos America LLC leased 391 SF at 1123 Broadway

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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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