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Rent/Lease Office 10 E 40th St

Lease Office 10 E 40th St

$ / SF	SF	Monthly Rent
$ 70	11,100	$ 64,750
Please notify me when a new space is available

$ / SF	SF	Monthly Rent
$ 70	6,400	$ 37,600

$ / SF	SF	Monthly Rent

Rent Sublease Office at 10 E 40th St

$ / SF	SF	Monthly Rent
Negotiable	7,900	Negotiable

$ / SF	SF	Monthly Rent

$ / SF	SF	Monthly Rent

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 44th Street	$ 65	13,500	$ 73,125
E 42nd St & Lexington Avenue	$ 40	55,700	$ 183,345
5th Ave & East 44th Street	$ 70	9,600	$ 55,600
Park Ave & East 45th Street	$ 100	9,700	$ 80,833
Third Ave & East 39th Street	$ 35	49,100	$ 143,208
Lexington Ave & East 43rd Street	$ 54	12,900	$ 58,587

Address	$ / SF	SF	Monthly Rent
5th Ave & East 44th Street	$ 70	7,000	$ 40,541
E 42nd St & Lexington Avenue	$ 49	4,800	$ 19,600
Park Ave & East 39th Street	$ 99	4,200	$ 34,650
Fifth Ave & East 44th Street	$ 50	3,300	$ 13,750

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 45th Street	$ 50	2,100	$ 8,750

Address	$ / SF	SF	Monthly Rent
Lexington Ave & East 41st Street	$ 25	7,300	$ 15,056
Fifth Ave & East 45th Street	$ 40	10,300	$ 34,333

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 40th Street	$ 59	4,200	$ 20,562
Lexington Ave & East 41st Street	$ 26	5,600	$ 12,250
E 42nd St & Park Avenue	$ 42	5,100	$ 17,850
E 42nd St & Lexington Avenue	$ 51	4,800	$ 20,400
Fifth Ave & East 44th Street	$ 52	3,300	$ 14,162
E 41st St & Fifth Avenue	$ 47	2,700	$ 10,575

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 45th Street	$ 52	2,100	$ 9,012
Lexington Ave & East 40th Street	$ 42	2,100	$ 7,262

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
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Park Ave & East 41st Avenue	$ 175	12,200	$ 177,916
Third Ave & East 46th Street	$ 80	12,100	$ 81,170
Fifth Ave & East 40th Street	$ 85	11,200	$ 79,333
Third Ave & East 40th Street	$ 60	27,700	$ 138,500

Address	$ / SF	SF	Monthly Rent
Third Ave & East 46th Street	$ 62	4,100	$ 21,183
Vanderbilt Ave & East 44th Street	$ 49	5,300	$ 21,641
Third Ave & East 39th Street	$ 70	4,700	$ 27,416
Park Ave & East 40th Street	$ 98	3,200	$ 26,133

Address	$ / SF	SF	Monthly Rent
Lexington Ave & East 41st Street	$ 57	1,500	$ 7,125
E 44th St & East 44th Street	$ 82	2,300	$ 15,716
E 45th St & Lexington Avenue	$ 75	2,400	$ 15,000
Lexington Ave & East 42nd Street	$ 61	1,500	$ 7,625
Third Ave & East 41st Street	$ 55	1,700	$ 7,791
Park Ave & East 41st Street	$ 85	2,300	$ 16,291

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 40th Street	$ 65	14,600	$ 79,083
Vanderbilt Ave & East 44th Street	$ 81	8,100	$ 54,675
E 42nd St & Park Avenue	$ 59	9,700	$ 47,691
Fifth Ave & East 42nd Street	$ 58	7,400	$ 35,766
E 44th St & Third Avenue	$ 58	8,400	$ 40,600
Fifth Ave & East 45th Street	$ 68	7,900	$ 44,766

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 41st Avenue	$ 58	5,700	$ 27,312
Madison Ave & East 40th Street	$ 76	3,600	$ 22,950
Vanderbilt Ave & East 44th Street	$ 52	4,000	$ 17,166
Second Ave & East 43rd Street	$ 56	4,800	$ 22,400
Madison Ave & East 39th Street	$ 52	2,700	$ 11,587
Lexington Ave & East 41st Street	$ 62	3,700	$ 18,962
E 42nd St & Park Avenue	$ 66	6,700	$ 36,850
Fifth Ave & East 42nd Street	$ 60	3,800	$ 19,000
E 44th St & Third Avenue	$ 48	4,500	$ 18,000
Madison Ave & East 40th Street	$ 76	3,900	$ 24,700
Fifth Ave & East 45th Street	$ 84	6,800	$ 47,600
E 45th St & Fifth Avenue	$ 55	3,800	$ 17,416
Madison Ave & East 40th Street	$ 56	6,900	$ 32,200

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 40th Street	$ 67	1,700	$ 9,491
Second Ave & East 43rd Street	$ 59	2,300	$ 11,308
Madison Ave & East 39th Street	$ 52	1,900	$ 8,233
Fifth Ave & East 42nd Street	$ 60	1,600	$ 8,000
Madison Ave & East 41st Avenue	$ 55	2,000	$ 9,166
E 42nd St & Madison Avenue	$ 69	2,100	$ 12,075
E 42nd St & Lexington Avenue	$ 61	2,200	$ 11,183
E 44th St & Fifth Avenue	$ 55	2,200	$ 10,083
Lexington Ave & East 44th Street	$ 55	1,500	$ 6,875

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 39th Street	$ 52	7,300	$ 31,633
E 39th St & Fifth Avenue	$ 39	7,900	$ 25,675
Fifth Ave & Between East 42nd Street	$ 84	9,200	$ 64,016

Address	$ / SF	SF	Monthly Rent
E 40th St & Lexington Avenue	$ 50	3,000	$ 12,500
Fifth Ave & Between East 42nd Street	$ 85	6,000	$ 42,500

Address	$ / SF	SF	Monthly Rent
E 40th St & Lexington Avenue	$ 50	1,600	$ 6,733

Rent Retail 10 E 40th St

$ / SF	SF	Monthly Rent
Negotiable	4,800	Negotiable

$ / SF	SF	Monthly Rent

$ / SF	SF	Monthly Rent

Rent Medical Space at 10 E 40th St

Medical Direct Offices
Medical Subleases Offices

Nearby Tenants

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 10 East 40th Street. This trend is projected to continue. Opportunities for subleases remain available at 10 East 40th Street and in the nearby Grand Central neighborhood.

Find My Space!

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Property Summary

10 East 40th Street Property Overview

Building Address:	10 E 40th St, New York NY 10016
Building Name:	Chase Tower
Building Alternate Address:	10 E 40th St
Zip Code:	10016
Neighborhood:	Grand Central
Borough:	Manhattan
Stories:	48
Year Built:	1911
Building Class:	A
Block & lot:	00869-0066

The Mercantile Building, located at 10 E 40th Street in Manhattan, NYC, was completed in 1929. It was designed by the architectural firm Ludlow & Peabody and stands as a notable example of Art Deco architecture. The building is 48 stories tall and was once considered the world's fourth-tallest building. It was owned by Frederick William Vanderbilt, the grandson of Cornelius "The Commodore" Vanderbilt.

The Mercantile Building was the last building in New York City to use Thomas Edison's original DC power grid, switching to AC on November 14, 2007. It is situated in the Murray Hill neighborhood, between Fifth and Madison Avenues.

The building has a total area of approximately 442,042 square feet and is classified as an office building with or without commercial spaces. Its current tax assessor's market value is $90,420,000.

10 E 40th St, Manhattan, NYC is also known as the Mercantile Building. It is located in Midtown Manhattan, between Fifth and Madison avenues, extending south to 39th Street. The building was completed in 1929 and features Renaissance Revival architecture. It stands 632 feet tall with 48 floors, offering approximately 350,000 square feet of office or mixed-use space.

10 E 40th St, Manhattan, NYC offers the following building amenities:

24 Hour Access
Atrium
Banking
Bus Line
Metro/Subway
Property Manager on Site
Natural Light
Air Conditioning
Freight entrance at 11 East 39th Street
UPS and Federal Express pick up stations in building
Full-time staff of twelve handymen and porters
Wired Certified Gold building with multiple high-speed broadband providers

10 E 40th St, Manhattan, NYC Office Tenants

Located in the heart of Manhattan, 10 E 40th St, also known as Tower 40, is a historic building being transformed to meet the needs of modern businesses. The property offers a range of office spaces with unobstructed views and is situated near Bryant Park and Grand Central.

Current and Past Tenants

Information on specific tenants at 10 E 40th St is not readily available. However, the building has been involved in several real estate transactions and has had multiple owners and developers over the years.

Building Amenities

Renovated Lobby
24 Hour Access
Atrium
Banking Services
UPS and Federal Express Pick-Up Stations
Full-Time Staff of Handymen and Porters
Wired Certified Gold for High-Speed Broadband

Internet Providers at 10 E 40th St, Manhattan, NYC

Several internet providers serve this area, offering a range of services and speeds:

Verizon Fios: Known for its fast, symmetrical fiber-optic speeds and competitive pricing.
Spectrum: Offers cable internet with speeds up to 300 Mbps and no data caps.
AT&T U-verse: Provides DSL and fiber internet options with speeds up to 1 Gbps.
Optimum: Offers high-speed internet with plans reaching up to 8,000 Mbps in select areas.
Astound Broadband: Provides affordable high-speed internet plans.

10 East 40th Street, Manhattan, NYC is conveniently located near several transportation options.

Subway: The nearest subway station is 42 St-Bryant Park, accessible via the B, D, F, and M trains.

Bus: The MTA Bus Company operates routes nearby, including stops along Madison Avenue and 5th Avenue.

Taxi: Taxis are readily available throughout Manhattan.

Cross Streets: The building is situated between Madison Avenue and 5th Avenue.

Sander Partnership Inc 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? 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”) 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.