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Rent/Lease Office 116-120 W 32nd St
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 36th Street | $ 48 | 11,700 |
$ 46,800 |
| Penn Plaza & West 33rd Street | $ 41.5 | 29,000 |
$ 100,291 |
| Bryant Park & Sixth Avenue | $ 60 | 14,000 |
$ 70,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 36th Street | $ 55.5 | 3,200 |
$ 14,800 |
| Broadway & West 41st Street | $ 56.5 | 4,700 |
$ 22,129 |
| Fifth Ave & West 33rd Street | $ 71 | 4,300 |
$ 25,441 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 55 | 2,200 |
$ 10,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 37th St & Sixth Avenue | $ 33.5 | 11,400 |
$ 31,825 |
| W 37th St & Avenue of the Americas | $ 34.5 | 10,200 |
$ 29,325 |
| Broadway & West 37th Street | $ 42 | 11,100 |
$ 38,850 |
| Seventh Ave & West 38th Street | $ 38 | 7,700 |
$ 24,383 |
| W 40th St & Seventh Avenue | $ 38 | 15,100 |
$ 47,816 |
| Eighth Ave & West 34th Street | $ 54 | 8,900 |
$ 40,050 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 38th Street | $ 48.5 | 4,200 |
$ 16,975 |
| W 37th St & Sixth Avenue | $ 35 | 3,500 |
$ 10,208 |
| W 40th St & Eighth Avenue | $ 41.5 | 2,600 |
$ 8,991 |
| Broadway & West 37th Street | $ 41 | 6,100 |
$ 20,841 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 38th Street | $ 47 | 2,100 |
$ 8,225 |
| Tenth Ave & West 37th Street | $ 46.5 | 2,200 |
$ 8,525 |
| Penn Plaza & Eighth Avenue | $ 40 | 1,800 |
$ 6,000 |
| Fifth Ave & East 35th Street | $ 40 | 2,100 |
$ 7,000 |
| W 36th St & Between Eighth Avenue | $ 38 | 2,400 |
$ 7,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 33 | 7,500 |
$ 20,625 |
| W 30th St & Fifth Avenue | $ 30 | 7,100 |
$ 17,750 |
| W 36th St & Eighth Avenue | $ 33 | 7,800 |
$ 21,450 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 30th Street | $ 48 | 2,500 |
$ 10,000 |
| W 38th St & Eighth Avenue | $ 35 | 4,400 |
$ 12,833 |
| W 35th St & Seventh Avenue | $ 35.5 | 5,300 |
$ 15,679 |
| W 36th St & Eighth Avenue | $ 50.5 | 3,700 |
$ 15,570 |
| W 37th St & Ninth Avenue | $ 40 | 4,500 |
$ 15,000 |
| W 36th St & Avenue of the Americas | $ 45 | 3,400 |
$ 12,750 |
| W 30th St & Fifth Avenue | $ 33 | 5,000 |
$ 13,750 |
| Broadway & West 32nd Street | $ 46.28 | 3,500 |
$ 13,498 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 30th Street | $ 47 | 2,000 |
$ 7,833 |
| W 36th St & Eighth Avenue | $ 49 | 2,400 |
$ 9,800 |
| 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 70.5 | 13,200 |
$ 77,550 |
| Fifth Ave & West 38th Street | $ 56.5 | 17,600 |
$ 82,866 |
| Broadway & West 39th Street | $ 59 | 10,900 |
$ 53,591 |
| 1 Plz & West 33rd Street | $ 105 | 19,100 |
$ 167,125 |
| W 40th St & Avenue of the Americas | $ 74.5 | 8,500 |
$ 52,770 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 67.5 | 5,500 |
$ 30,937 |
| W 38th St & Avenue of the Americas | $ 56 | 3,500 |
$ 16,333 |
| Broadway & West 41st Street | $ 65.5 | 6,800 |
$ 37,116 |
| Broadway & West 36th Street | $ 65.5 | 4,600 |
$ 25,108 |
| 2 & West 31st Street | $ 140.5 | 5,300 |
$ 62,054 |
| Fifth Ave & West 38th Street | $ 61 | 3,800 |
$ 19,316 |
| 1 Plz & West 33rd Street | $ 105 | 3,200 |
$ 28,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 67.5 | 2,300 |
$ 12,937 |
| 1 Plz & West 33rd Street | $ 98 | 2,400 |
$ 19,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 36th Street | $ 40.5 | 7,500 |
$ 25,312 |
| W 39th St & Eighth Avenue | $ 40 | 7,700 |
$ 25,666 |
| W 33rd St & Fifth Avenue | $ 40.5 | 7,100 |
$ 23,962 |
| Eighth Ave & West 35th Street | $ 39 | 7,100 |
$ 23,075 |
| Eighth Ave & W 35th Street | $ 40 | 8,000 |
$ 26,666 |
| W 37th St & Avenue of the Americas | $ 46.5 | 8,600 |
$ 33,325 |
| Tenth Ave & West 37th Street | $ 49.5 | 7,900 |
$ 32,587 |
| W 36th St & Sixth Avenue | $ 46.5 | 9,600 |
$ 37,200 |
| Broadway & West 38th Street | $ 54 | 9,500 |
$ 42,750 |
| Seventh Ave & West 37th Street | $ 56 | 10,300 |
$ 48,066 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 38th Street | $ 52 | 3,100 |
$ 13,433 |
| W 35th St & Avenue of the Americas | $ 29 | 4,400 |
$ 10,633 |
| Eighth Ave & West 36th Street | $ 36 | 4,700 |
$ 14,100 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 36th Street | $ 42 | 2,200 |
$ 7,700 |
| W 39th St & Ninth Avenue | $ 39 | 1,800 |
$ 5,850 |
| W 38th St & Fifth Avenue | $ 35 | 2,200 |
$ 6,416 |
| Eighth Ave & West 35th Street | $ 35 | 1,700 |
$ 4,958 |
| Tenth Ave & West 37th Street | $ 44 | 2,200 |
$ 8,066 |
| W 40th St & Eighth Avenue | $ 47.5 | 1,900 |
$ 7,520 |
| Broadway & West 38th Street | $ 52 | 1,900 |
$ 8,233 |
| 7th Ave & Between Seventh Avenue | $ 57 | 1,600 |
$ 7,600 |
| Avenue of the Americas & West 39th Street | $ 61 | 2,300 |
$ 11,691 |
| Avenue of the Americas & West 31st Street | $ 79 | 2,400 |
$ 15,800 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 40.5 | 8,800 |
$ 29,700 |
| W 39th St & Eighth Avenue | $ 36 | 9,200 |
$ 27,600 |
| Eighth Ave & West 36th Street | $ 42 | 16,000 |
$ 56,000 |
| W 35th St & Seventh Avenue | $ 35 | 7,600 |
$ 22,166 |
| Eighth Ave & West 39th Street | $ 41 | 11,400 |
$ 38,950 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 40 | 3,900 |
$ 13,000 |
| W 35th St & Eighth Avenue | $ 33.5 | 3,300 |
$ 9,212 |
| Seventh Ave & West 30th Street | $ 35 | 3,800 |
$ 11,083 |
| W 38th St & Fifth Avenue | $ 39 | 2,700 |
$ 8,775 |
| Eighth Ave & West 36th Street | $ 40.5 | 5,800 |
$ 19,575 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 35.5 | 2,300 |
$ 6,804 |
| W 38th St & Eighth Avenue | $ 36.46 | 2,100 |
$ 6,380 |
| W 39th St & Eighth Avenue | $ 39.5 | 1,600 |
$ 5,266 |
| Eighth Ave & West 36th Street | $ 38 | 1,600 |
$ 5,066 |
| W 32nd St & Ninth Avenue | $ 50 | 1,800 |
$ 7,500 |
| W 32nd St & Broadway | $ 43 | 2,100 |
$ 7,525 |
Retail Spaces for Rent at 116-120 W 32nd St
Rent Retail 116-120 W 32nd St
Rent Medical Space at 116-120 W 32nd St
Nearby Office Tenants Leased
- ASI System Integration leased 23,050 SF at 48 West 37th St
- Zero Point Zero Productions leased 22,739 SF at 875 Avenue of the Americas
- Pem America, Inc leased 22,574 SF at 70 West 36th St
- Terra Bruce Productions leased 21,635 SF at 220 West 42nd St
- The New Dance Group leased 21,000 SF at 575 Eighth Ave
- WeWork leased 19,150 SF at 224 West 29th St
- Broadway Suites LLC leased 16,700 SF at 5 West 37th St
- F. Schumacher leased 15,936 SF at 875 Sixth Avenue
- Chest's Community Advis… leased 15,207 SF at 142 West 36th Street
- Shalom International Corp. leased 15,000 SF at 3 West 35th St
- United Nude leased 2,486 SF at 146 West 29th St
- Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
- Market Crates leased 2,300 SF at 224 West 35th Street
- RadioShack leased 2,000 SF at 1357 Broadway
- Pret A Manger leased 1,939 SF at One Penn Plaza
- Baja Fresh leased 1,800 SF at 1441 Broadway
- Paris Baguette leased 1,800 SF at 575 Eighth Avenue
- Nanoosh leased 1,700 SF at 469 Seventh Ave
- Let's Poke leased 1,600 SF at 555 Eighth Avenue
- Saehan Bank leased 1,548 SF at 875 Sixth Ave
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 116-120 West 32nd Street. This trend is projected to continue. Opportunities for subleases remain available at 116-120 West 32nd Street and in the nearby Penn Plaza/Garment neighborhood.
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Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
116-120 West 32nd Street Property Overview
| Building Address: | 116-120 W 32nd St, New York NY 10001 |
| Building Alternate Address: | 116-120 W 32nd St |
| Zip Code: | 10001 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 16 |
| Year Built: | 1912 |
| Building Class: | B |
| Block & lot: | 00807-0028 |
116-120 W 32nd St, Manhattan, NYC
This building, also known as the Gimbels Administration Building, was constructed in 1912. It is a 16-story structure located in the Chelsea area of Manhattan, New York City.
The building was originally designed to serve as part of the operations of the Gimbels department store chain. Notably, it is connected via a three-level copper skybridge, built in 1925 and designed by Shreve, Lamb & Harmon, to the former Gimbels department store at 1275 Broadway, now known as the Manhattan Mall.
The building has undergone renovations, with the last major update recorded in 1998. It features architectural elements typical of its era, including rusticated stone basements, arched windows, and a stone gable with a carved quatrefoil.
The building's strategic location near Herald Square and Penn Station makes it a central hub within the bustling area of Midtown South.
116-120 West 32nd Street, Manhattan, New York City
Located in the Midtown South neighborhood of Manhattan, 116-120 W 32nd St is a historic office building constructed in 1912, also known as the Gimbels Administration Building.
The building stands 16 stories tall and encompasses approximately 204,953 square feet of commercial office space with typical floors around 12,809 square feet and 14-foot unfinished ceiling heights.
It is situated on the south block between Sixth and Seventh Avenues, with entrances and frontage on both 31st and 32nd Streets.
The building is classified as Class B office space and underwent renovations in 1998.
Nearby transit options include Penn Station, Madison Square Garden, and Herald Square, providing access to multiple subway lines (B, D, F, M, N, Q, R, W) and PATH trains.
The location provides convenient access to bus lines and has on-site property management.
Building Amenities at 116-120 W 32nd St, Manhattan, NYC
- Bus Line Access
- Metro/Subway Access
- Property Manager on Site
- Signage Available
Building Details:
- Building Type: Office
- Year Built / Renovated: 1912 / 1998
- Building Height: 16 Stories
- Building Size: Approximately 205,000 sq ft
- Building Class: B
- Typical Floor Size: 12,809 sq ft
- Unfinished Ceiling Height: 14 feet
116-120 W 32nd St in Manhattan, NYC, is a 16-story office building situated in the Penn Plaza/Garment neighborhood. Originally constructed in 1912, the building features 204,953 square feet of space. Notable tenants include the ACCES-VR Manhattan District Office and the Bureau of Proprietary School. The property is also known for offering fully built-out restaurant spaces and is strategically located near major transportation hubs like Penn Station and Herald Square.
Internet providers available at 116-120 W 32nd St, Manhattan, NYC include:
- Verizon Fios: Offers fiber-optic internet with speeds starting at 300 Mbps up to 2.3 Gbps, known for fast, symmetrical fiber-optic speeds.
- Astound Broadband (formerly RCN): Provides cable and fiber services with unlimited data plans and speeds up to 1.5 Gbps.
- Spectrum: Cable and fiber internet available nearly everywhere in Manhattan, with plans starting around $30/month and speeds up to 1 Gbps.
- AT&T U-verse: DSL and fiber internet service with speeds up to 1 Gbps, offering internet and TV bundles.
These providers are widely accessible in Midtown Manhattan, including the area around 116-120 W 32nd St, and offer a range of plans including fiber-optic connections for high-speed internet needs.
Transportation and Cross Streets at 116-120 W 32nd St, Manhattan, NYC
Location: South block between Sixth Avenue and Seventh Avenue, spanning West 31st Street to West 32nd Street in Chelsea, Manhattan.
Nearby Subway Stations
- 28 St Station (B, D, F, M trains)
- 34 St-Herald Sq Station (B, D, F, M, N, Q, R, W trains)
- 6th Avenue & 32nd Street at NW Corner (B, D, F, M, N, Q, R trains)
Train Stations
- New York Penn Station (NJ Transit, Amtrak) - approx 0.5 mile, 2 min walk
- Harlem-125th St. Station (Metro-North) - approx 13 min walk from 116th Street in Manhattan
Bus Routes Nearby
- M5 Bus - 6 Av / W 31 St (approx 0.06 miles)
Cross Streets
116-120 West 32nd Street is located between Sixth Avenue and Seventh Avenue, spanning from West 31st Street to West 32nd Street.
Nearby Office Tenants Leased
- ASI System Integration leased 23,050 SF at 48 West 37th St
- Zero Point Zero Productions leased 22,739 SF at 875 Avenue of the Americas
- Pem America, Inc leased 22,574 SF at 70 West 36th St
- Terra Bruce Productions leased 21,635 SF at 220 West 42nd St
- The New Dance Group leased 21,000 SF at 575 Eighth Ave
- WeWork leased 19,150 SF at 224 West 29th St
- Broadway Suites LLC leased 16,700 SF at 5 West 37th St
- F. Schumacher leased 15,936 SF at 875 Sixth Avenue
- Chest's Community Advis… leased 15,207 SF at 142 West 36th Street
- Shalom International Corp. leased 15,000 SF at 3 West 35th St
- United Nude leased 2,486 SF at 146 West 29th St
- Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
- Market Crates leased 2,300 SF at 224 West 35th Street
- RadioShack leased 2,000 SF at 1357 Broadway
- Pret A Manger leased 1,939 SF at One Penn Plaza
- Baja Fresh leased 1,800 SF at 1441 Broadway
- Paris Baguette leased 1,800 SF at 575 Eighth Avenue
- Nanoosh leased 1,700 SF at 469 Seventh Ave
- Let's Poke leased 1,600 SF at 555 Eighth Avenue
- Saehan Bank leased 1,548 SF at 875 Sixth Ave
Onsite Networks Testimonial
I am writing in recognition of the quality service provided by Optimal Spaces Inc. and Stephen Sunderland in finding us a sublease at 41 Madison Avenue. We strongly recommend them for the excellent job they did. They were efficient and responsive 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.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Dennis Jules Kessler
Chief Financial Officer
On Site Networks, Inc
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!