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Rent/Lease Office 116 E 16th St

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 29th Avenue $ 60
10,500
$ 52,500
Park Ave S & Between East 19th Street $ 60
7,700
$ 38,500
Fifth Ave & East 19th Street $ 77
8,800
$ 56,466
Fifth Ave & East 16th Street $ 42
10,100
$ 35,350
Address $ / SF SF Monthly Rent
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
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Madison Ave & East 25th Street $ 92
9,100
$ 69,766
Park Ave S & East 20th Street $ 82
13,000
$ 88,833
Address $ / SF SF Monthly Rent
Park Ave S & East 17th Street $ 96
4,000
$ 31,833
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 29th Avenue $ 62
8,300
$ 42,883
E 23rd St & Park Avenue $ 43
18,400
$ 65,933
Broadway & East 20th Street $ 72
18,200
$ 108,441
Park Ave S & Between East 19th Street $ 68
7,700
$ 43,633
Park Ave S & East 27th Street $ 75
8,700
$ 54,375
Fifth Ave & East 29th Street $ 80
12,500
$ 83,333
Park Ave S & East 27th Street $ 92
23,800
$ 182,466
Park Ave S & East 27th Street $ 70
13,100
$ 76,962
E 26th St & Fifth Avenue $ 125
12,100
$ 126,041
Park Ave S & East 26th Street $ 50
12,000
$ 49,500
Address $ / SF SF Monthly Rent
Broadway & Between East 19th Street $ 77
5,300
$ 34,008
E 23rd St & Park Avenue $ 42
6,100
$ 21,350
Broadway & East 20th Street $ 76
3,700
$ 23,433
Fifth Ave & East 29th Street $ 73
4,700
$ 28,591
Park Ave S & East 26th Street $ 72
3,900
$ 23,237
Park Ave S & East 26th Street $ 75
2,700
$ 16,875
University Pl & East 12th Street $ 50
6,500
$ 27,083
Broadway & East 18th Street $ 72
2,500
$ 15,104
Union Sq W & East 16th Street $ 65
3,700
$ 20,041
Address $ / SF SF Monthly Rent
Broadway & Between East 19th Street $ 76
2,200
$ 13,841
E 23rd St & Third Avenue $ 44
2,400
$ 8,700
Park Ave S & East 26th Street $ 61
2,100
$ 10,675
Fifth Ave & East 29th Street $ 71
2,000
$ 11,766
Broadway & East 18th Street $ 72
1,800
$ 10,725
Address $ / SF SF Monthly Rent
E 19th St & Broadway $ 54
7,700
$ 34,329
Madison Ave & East 30th Street $ 40
11,000
$ 37,125
E 23rd St & Lexington Avenue $ 68
21,600
$ 123,300
Address $ / SF SF Monthly Rent
E 23rd St & Park Avenue $ 35
2,800
$ 8,166
E 19th St & Broadway $ 54
5,500
$ 24,979
Fifth Ave & East 29th Street $ 59
2,500
$ 12,291
Fifth Ave & Between East 28th Street $ 52
5,000
$ 21,875
Address $ / SF SF Monthly Rent
E 28th St & Park Avenue South $ 36
2,300
$ 6,995
Broadway & East 21st Street $ 72
1,800
$ 10,875

Retail Spaces for Rent at 116 E 16th St

Rent Retail 116 E 16th St

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 116 E 16th St

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / 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 East 16th Street. This trend is projected to continue. Opportunities for subleases remain available at 116 East 16th Street and in the nearby Gramercy Park neighborhood.
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116 East 16th Street Property Overview

Building Address: 116 E 16th St, New York NY 10003
Building Alternate Address: 116 E 16th St
Zip Code:10003
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:12
Year Built:1910
Building Class:B

History of 116 East 16th Street, Manhattan, NYC

Constructed in 1910, 116 East 16th Street is a distinguished boutique office building located in Manhattan's historic Union Square neighborhood. The building spans approximately 72,000 square feet over 12 floors, reflecting early 20th-century commercial architecture tailored for office use.

Over the years, the property has undergone significant upgrades, including a comprehensive renovation of its attended lobby, enhancing both aesthetic appeal and functionality. The interior features open-concept layouts with abundant natural light entering from two to three sides, hardwood floors, glass offices, covered radiators, LED lighting, tenant-controlled HVAC units, and private bathrooms, accommodating modern office needs while preserving its historic character.

Situated between Irving Place and Union Square, the building enjoys prime access to multiple subway lines, including the 4, 5, 6, N, Q, R, and L, making it highly accessible for tenants and visitors. Its location places it a few blocks from notable New York City landmarks such as Gramercy Park, underscoring the building’s integration within a vibrant and historic urban fabric.

The building is classified as an Office with Commercial (7-19 Stories, Class O6) structure and occupies a lot of about 5,834 square feet. Its assessed market value has been estimated at over $16 million, reflecting its prominence in Manhattan's commercial real estate market.

Historical records and community memory note that the building has served varying commercial purposes and tenants over the decades, contributing to the dynamic economic life of the Union Square area. The building's enduring presence since 1910 marks it as a significant architectural and commercial asset in the Gramercy Park vicinity of Manhattan.

116 E 16th St, Manhattan, NYC

Alternate Address: 114-116 E 16th St

Neighborhood: Gramercy Park, near Union Square

Year Built: 1910, last altered in 1988

Property Facts:

  • Stories: 12
  • Total Square Feet: 72,000 sq ft (as reported in some sources), 64,405 sq ft (as per other records)
  • Location: Between Irving Place and Union Square

Notable Features:

  • Recent attended lobby renovation
  • Open-concept layouts
  • Build-to-suit options
  • Tenant-controlled HVAC
  • High ceilings, hardwood floors, glass offices, LED light fixtures
  • Convenient access to multiple subway lines (4, 5, 6, N, Q, R, L)

Prominent Tenants:

  • Orthology - Union Square
  • Tractenberg & Co
  • C&G Partners LLC
  • Primary Wave Entertainment

Street-Level Feature: The Stand comedy club


Building Amenities at 116 E 16th St, Manhattan, NYC

  • Union Square Presence
  • Tenant Controlled HVAC units
  • Full floor availability with build-to-suit options
  • New attended lobby with recent renovations
  • Access to multiple telecom providers: Crown Castle, Co-hear, IPC, Showtell, Broadview, Stage 2 Networks, Verizon Fiber, Spectrum
  • 12-foot ceilings providing open and airy spaces
  • Open-concept office layouts with abundant natural light from two to three sides
  • Picturesque New York City views
  • Hardwood floors and glass offices
  • Covered radiators and LED light fixtures
  • Full pantry and private bathrooms within office spaces
  • Convenient mass transit accessibility including subway lines 4, 5, 6, N, Q, R, and L

116 E 16th St, Manhattan, NYC is home to a diverse range of office tenants. Some of the notable tenants include:

  • Orthology - Union Square
  • Tractenberg & Co
  • C&G Partners LLC
  • Primary Wave Entertainment
  • JCIR
  • Columbia Enterprises Inc.
  • Crown Castle
  • Co-hear
  • IPC
  • Showtell

At 116 E 16th St, Manhattan, NYC, the available internet providers likely include:

  • Spectrum: Offers speeds up to 1 Gbps starting at $30/month, with cable services available across much of Manhattan.
  • Astound Broadband Powered by RCN: Provides cable and fiber services with speeds up to 1.5 Gbps, starting at $35/month.
  • Verizon: Known for high-speed fiber services, with speeds up to 2.3 Gbps, though coverage may vary by location within Manhattan.
  • T-Mobile Home Internet: Offers mobile-based internet services, available in some parts of Manhattan depending on cell tower proximity.

Provider availability can vary based on specific location within Manhattan. Checking with each provider for exact service at this address is recommended.


Transportation Near 116 E 16th St, Manhattan, NYC

Subway Lines

The following subway lines serve the area near 116 E 16th St:

  • 4, 5, 6
  • N, Q, R, L

Bus Lines

Bus routes passing close to 116 E 16th St include:

  • M101
  • M15, M15-SBS
  • M23-SBS
  • M34A-SBS

Nearest Subway Stations

  • 14th Street–Union Square (serves 4, 5, 6, N, Q, R, L lines) - within walking distance
  • 1 Avenue Station (L line) - approx. 4 minute walk

Nearest Bus Stops

  • 1 Av/E 15 St - 1 minute walk
  • E 14 St/1 Av - 3 minute walk

Cross Streets

116 East 16th Street is located between Irving Place and Union Square, intersecting with 1st Avenue nearby.


Double Agent Testimonial

Double Agent testimonial To Whom it May Concern: This is to give reference for Stephen Sunderland, who provided commercial real estate brokerage services to our firm, Double Agent. His work led to our signing of a five year lease and five year optional extension on 6,200 square feet of SOHO office space at a very competitive rate. I was extremely impressed by Stephen's professionalism and follow-through in helping us not only locate this space but also in bringing it to closing. He showed a good knowledge of our needs and through that avoided wasting our time showing us unsuitable properties. I would be glad to provide further reference for Stephen and you may feel free to call me about him. I can give him an unqualified recommendation. Best regards, Andrew Szabo Chairman and CEO Double Agent, Inc.
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Why Optimal Spaces –
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  • 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.

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