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Rent Office 10 East 40th Street

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
$ 37,333
$ / SF SF Monthly Rent

Rent Sublease Office at 10 E 40th St

$ / SF SF Monthly Rent
Negotiable
9,200
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
Address $ / SF SF Monthly Rent
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
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street $ 58
4,200
$ 20,212
Lexington Ave & East 41st Street $ 26
5,600
$ 12,016
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
E 42nd St & Lexington Avenue $ 50
4,800
$ 20,200
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
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 $ 2113 $ 1300 $ 775
Interior office/person $ 1363 $ 800 $ 525
Team Rooms $ 10113 $ 8050 $ 5025
Suites $ 20113 $ 12050 $ 7025

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 $ 81
12,100
$ 81,675
Fifth Ave & East 40th Street $ 85
11,200
$ 79,333
Third Ave & East 40th Street $ 60
27,700
$ 138,500
Fifth Ave & East 44th Street $ 65
7,300
$ 39,541
Fifth Ave & East 44th Street $ 80
12,300
$ 82,000
Lexington Ave & East 41st Street $ 66
8,500
$ 46,750
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
Lexington Ave & East 41st Street $ 59
2,700
$ 13,275
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 $ 66
14,600
$ 79,691
Vanderbilt Ave & East 44th Street $ 79
8,100
$ 53,325
E 42nd St & Park Avenue $ 59
9,700
$ 47,691
Fifth Ave & East 42nd Street $ 58
7,400
$ 35,766
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
E 42nd St & Lexington Avenue $ 65
8,400
$ 45,500
Address $ / SF SF Monthly Rent
Madison Ave & East 41st Avenue $ 57
5,700
$ 27,075
Madison Ave & East 40th Street $ 76
3,600
$ 22,800
Vanderbilt Ave & East 44th Street $ 51
4,000
$ 17,000
Madison Ave & East 39th Street $ 51
2,700
$ 11,475
Lexington Ave & East 41st Street $ 61
3,700
$ 18,808
E 42nd St & Park Avenue $ 66
6,700
$ 36,850
E 44th St & Third Avenue $ 48
4,500
$ 18,000
Madison Ave & East 40th Street $ 76
3,900
$ 24,537
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
Madison Ave & East 41st Avenue $ 62
2,600
$ 13,433
Third Ave & Between East 44th Street $ 67
4,800
$ 26,800
E 42nd St & Madison Avenue $ 70
4,900
$ 28,787
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street $ 66
1,700
$ 9,350
Second Ave & East 43rd Street $ 58
2,300
$ 11,116
Madison Ave & East 39th Street $ 51
1,900
$ 8,075
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 $ 70
2,100
$ 12,337
E 42nd St & Lexington Avenue $ 60
2,200
$ 11,000
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 $ 40
7,900
$ 26,004
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,400
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
3,000
$ 12,375
Fifth Ave & Between East 42nd Street $ 84
6,000
$ 42,250
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,600

Retail Spaces for Rent at 10 E 40th St

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

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.
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10 East 40th Street nyc
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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.


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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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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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