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Rent/Lease Office 116 E 27th St
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 29th Street | $ 59 | 10,500 |
$ 51,625 |
| Park Ave S & Between East 19th Street | $ 60 | 7,700 |
$ 38,500 |
| Fifth Ave & East 21st Street | $ 69 | 7,300 |
$ 41,975 |
| Fifth Ave & East 19th Street | $ 77 | 8,800 |
$ 56,466 |
| Fifth Ave & East 16th Street | $ 42 | 10,100 |
$ 35,350 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 21st Street | $ 71 | 5,200 |
$ 30,766 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 16th St & Park Avenue South | $ 64.5 | 3,400 |
$ 18,275 |
| Address | $ / SF / Yr | 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 25th Street | $ 92 | 9,100 |
$ 69,766 |
| Park Ave S & East 20th Street | $ 81 | 13,000 |
$ 87,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 17th Street | $ 95 | 4,000 |
$ 31,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 29th Street | $ 61 | 8,300 |
$ 42,191 |
| E 23rd St & Park Avenue | $ 42 | 18,400 |
$ 64,400 |
| Broadway & East 20th Street | $ 70.5 | 18,200 |
$ 106,925 |
| Park Ave S & Between East 19th Street | $ 67 | 7,700 |
$ 42,991 |
| Park Ave S & East 27th Street | $ 75 | 8,700 |
$ 54,375 |
| Fifth Ave & East 29th Street | $ 79 | 12,500 |
$ 82,291 |
| Park Ave S & East 27th Street | $ 91 | 23,800 |
$ 180,483 |
| Park Ave S & East 27th Street | $ 69.5 | 13,100 |
$ 75,870 |
| E 26th St & Fifth Avenue | $ 125 | 12,100 |
$ 126,041 |
| Park Ave S & East 26th Street | $ 48.5 | 12,000 |
$ 48,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between East 19th Street | $ 76.5 | 5,300 |
$ 33,787 |
| E 23rd St & Park Avenue | $ 41 | 6,100 |
$ 20,841 |
| Broadway & East 20th Street | $ 75 | 3,700 |
$ 23,125 |
| Fifth Ave & East 29th Street | $ 72 | 4,700 |
$ 28,200 |
| Park Ave S & East 26th Street | $ 71 | 3,900 |
$ 23,075 |
| Park Ave S & East 26th Street | $ 75 | 2,700 |
$ 16,875 |
| University Pl & East 12th Street | $ 49 | 6,500 |
$ 26,541 |
| Broadway & East 18th Street | $ 71.5 | 2,500 |
$ 14,895 |
| Union Sq W & East 16th Street | $ 67 | 3,700 |
$ 20,658 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between East 19th Street | $ 75 | 2,200 |
$ 13,750 |
| E 23rd St & Third Avenue | $ 45.5 | 2,400 |
$ 9,100 |
| Park Ave S & East 26th Street | $ 63 | 2,100 |
$ 11,025 |
| Fifth Ave & East 29th Street | $ 72.6 | 2,000 |
$ 12,100 |
| Broadway & East 18th Street | $ 73.5 | 1,800 |
$ 11,025 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 19th St & Broadway | $ 52.5 | 7,700 |
$ 33,687 |
| Madison Ave & East 30th Street | $ 39.5 | 11,000 |
$ 36,208 |
| E 23rd St & Lexington Avenue | $ 67.5 | 21,600 |
$ 121,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 23rd St & Park Avenue | $ 35 | 2,800 |
$ 8,166 |
| E 19th St & Broadway | $ 53.5 | 5,500 |
$ 24,520 |
| Fifth Ave & East 29th Street | $ 58 | 2,500 |
$ 12,083 |
| Fifth Ave & Between East 28th Street | $ 51.5 | 5,000 |
$ 21,458 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 28th St & Park Avenue South | $ 38.5 | 2,300 |
$ 7,379 |
| Broadway & East 21st Street | $ 74.5 | 1,800 |
$ 11,175 |
Retail Spaces for Rent at 116 E 27th St
Rent Retail 116 E 27th St
Rent Medical Space at 116 E 27th St
Office Tenants Rented / Leased 116 East 27th Street
- Interactive Advertising Bureau leased 7,000 SF
- The Mogil Organization leased 7,000 SF
- ENV leased 7,000 SF
- Cline Bettridge Bernstein leased 7,000 SF
- Interactive Advertising Bu… leased 7,000 SF
- Milsmith Real Estate Advi… leased 1,515 SF
Nearby Office Tenants Leased
- Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
- Laser & Skin Surgery Cen… leased 33,381 SF at 317 East 34th St
- LinkShare Corporation leased 33,000 SF at 215 Park Ave S
- Shinhan Bank America leased 32,250 SF at 475 Park Avenue South
- Numerix leased 31,615 SF at 99 Park Ave
- Operative Media leased 30,720 SF at 6 East 32nd St
- Petco leased 29,989 SF at 860 Broadway
- Progressive Plan Administrators Inc. leased 29,291 SF at 470 Park Ave S
- WeWork leased 28,500 SF at 185 Madison Avenue
- WH Freeman and Worth Publishers leased 28,000 SF at 41 Madison Ave
- Bonobos Guideshop leased 4,000 SF at 95 Fifth Ave
- Mexican Hospitality Operator LLC leased 3,700 SF at 35 East 21st St
- Wireless Generation leased 3,613 SF at 11 East 26th St
- Brideside Bride leased 3,500 SF at 20 East 20th Street
- Damien Scoditti leased 3,500 SF at 920 Broadway
- Exki leased 3,000 SF at 76 Madison Ave
- Maison Kayser leased 3,000 SF at 841 Broadway
- Fresh & Co. leased 3,000 SF at 425 Park Ave South
- Wahoo's Fish Taco leased 2,800 SF at 333 Park Ave South
- Hale & Hearty Soups leased 2,800 SF at 432 Park Ave South
| $ / 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 27th Street. This trend is projected to continue. Opportunities for subleases remain available at 116 East 27th Street and in the nearby Gramercy Park neighborhood.
Find My Space!
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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 East 27th Street Property Overview
| Building Address: | 116 E 27th St, New York NY 10016 |
| Building Alternate Address: | 116 E 27th St |
| Zip Code: | 10016 |
| Neighborhood: | Gramercy Park |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1915 |
| Building Class: | B |
History of 116 East 27th Street, Manhattan, NYC
116 East 27th Street is a historic commercial office building located in the NoMad neighborhood of Manhattan, New York City. The building was originally constructed in 1915 and stands 12 stories tall, encompassing approximately 70,217 square feet of space.
Designed as an office building with commercial uses, it reflects early 20th-century architecture typical of New York City's growing business districts during that era. Over the years, the building has maintained its structural and design integrity while adapting to modern office needs, including 24/7 access and upgraded features such as Thermopane windows and attended lobby services.
Situated between Park Avenue South and Lexington Avenue, 116 East 27th Street occupies a strategic location in the Gramercy Park submarket, providing both historical significance and contemporary convenience. It continues to serve as a functional office space within Manhattan's bustling commercial real estate market.
116 East 27th Street, Manhattan, New York, NY 10016
Located in the NoMad neighborhood of Manhattan, this 12-story office building was constructed in 1915.
The building features a total of approximately 70,217 square feet of office and commercial space, with typical floor sizes around 5,851 square feet.
Building highlights include:
- Efficient floor plates with full glass front
- Tenant controlled HVAC
- 24-hour access and attended lobby
- Thermopane windows
- Ceilings up to 12 feet
- Surface and covered parking options
- High-end bathrooms and pantry areas
- Glass fronted offices and conference rooms
- LED lighting and fiber connectivity (Crown Castle, Spectrum)
The property is situated between Park Avenue South and Lexington Avenue on East 27th Street in the Gramercy Park submarket.
Alternate addresses: 116-120 E 27th St, New York, NY 10016.
Estimated property tax: $647,689. The building is classified as a Class B office building, with commercial zoning for 7-19 story buildings.
- Tenant controlled HVAC
- Full floor presence
- 12' Ceilings
- Attended lobby
- Crown Castle, Spectrum Fiber
- High-end bathrooms & pantry
- Glass-fronted offices & conference rooms
- LED Lighting
- 24/7 access
- Concierge
- Thermopane windows
116 E 27th St Office Tenants
- Steven Levine - World Insurance Associates, 9th Floor
Building Features
- Address: Between Park Ave S & Lexington Ave, Gramercy Park submarket
- Built: 1915 | Floors: 12 | Size: 70,217 SF
- 11th Floor: Glass-fronted offices, conference rooms, LED lighting, high-end bathrooms
- Amenities: 24/7 access, attended lobby, tenant-controlled HVAC
For 116 E 27th St, Manhattan, NYC, internet providers available in the area include Astound Broadband Powered by RCN, Spectrum, and Verizon. These providers offer a range of plans and speeds, catering to different needs. Additionally, there are fiber assets nearby from CROWN CASTLE, which could be leveraged for high-speed connectivity.
116 E 27th St, Manhattan, NYC is situated in the Nomad area, close to Kips Bay, but specifically located on the border of these neighborhoods. It has excellent transportation options nearby:
Nearest Subway: - 23 Street (4, 6 Line): Approximately a 4-minute walk, 0.3 miles away. - 33 Street (4, 6 Line): Approximately a 6-minute walk. - Park Ave & 28th St (6 Line): The closest station is just 0.066 miles away, about a 1-minute walk.
Bus Routes: - M101: Located on Lexington Av/E 28 St, about 0.058 miles away.
Cross Streets: - Park Ave S and Lexington Ave: The building is positioned between these two major avenues.
Office Tenants Rented / Leased 116 East 27th Street
- Interactive Advertising Bureau leased 7,000 SF
- The Mogil Organization leased 7,000 SF
- ENV leased 7,000 SF
- Cline Bettridge Bernstein leased 7,000 SF
- Interactive Advertising Bu… leased 7,000 SF
- Milsmith Real Estate Advi… leased 1,515 SF
Nearby Office Tenants Leased
- Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
- Laser & Skin Surgery Cen… leased 33,381 SF at 317 East 34th St
- LinkShare Corporation leased 33,000 SF at 215 Park Ave S
- Shinhan Bank America leased 32,250 SF at 475 Park Avenue South
- Numerix leased 31,615 SF at 99 Park Ave
- Operative Media leased 30,720 SF at 6 East 32nd St
- Petco leased 29,989 SF at 860 Broadway
- Progressive Plan Administrators Inc. leased 29,291 SF at 470 Park Ave S
- WeWork leased 28,500 SF at 185 Madison Avenue
- WH Freeman and Worth Publishers leased 28,000 SF at 41 Madison Ave
- Bonobos Guideshop leased 4,000 SF at 95 Fifth Ave
- Mexican Hospitality Operator LLC leased 3,700 SF at 35 East 21st St
- Wireless Generation leased 3,613 SF at 11 East 26th St
- Brideside Bride leased 3,500 SF at 20 East 20th Street
- Damien Scoditti leased 3,500 SF at 920 Broadway
- Exki leased 3,000 SF at 76 Madison Ave
- Maison Kayser leased 3,000 SF at 841 Broadway
- Fresh & Co. leased 3,000 SF at 425 Park Ave South
- Wahoo's Fish Taco leased 2,800 SF at 333 Park Ave South
- Hale & Hearty Soups leased 2,800 SF at 432 Park Ave South
Sapphire Office Solutions Testimonial
To Whom It May Concern:
I am writing this letter of recommendation to acknowledge the outstanding job performed by Mr. Stephen Sunderland of Optimal Spaces, Incorporated, in regards to locating and executing a great sublease and direct lease extension.
In addition to finding the sublease, Stephen also add a long term extension to our direct lease at a great price. We never would have completed this transaction without Stephen's persistency, expertise, and diligence.
We attempted to work with other brokers prior to meeting Stephen (discovered Stephen from advertisement) and he was the only broker who listened to our needs and took us to spaces that fit all OUR requirements, not his.
We would highly recommend Mr. Sunderland and his company without hesitation.
Sincerely,
Paul Holstein
President
Office Buildings in Gramercy Park
- 2-4 Irving Place
- 425 E 25th St
- 723 E 13th St
- 225 Park Avenue South
- 360 Park Avenue South
- 261 Fifth Avenue
- 230 Park Avenue South
- 902 Broadway
- 115 Fifth Ave
- 245 Fifth Avenue
- 11 East 26th Street
- 79 Madison Avenue
- 215 Park Avenue South
- 55 Fifth Avenue
- 15 East 26th Street
- 105 Madison Avenue
- 386 Park Avenue South
- 4 Union Sq S
- 915 Broadway
- 401 Park Avenue South
- 151 E 25th St
- 20 E 16th St
- 854 Broadway
- 111 Fifth Avenue
- 387 Park Avenue South
- 381 Park Avenue South
- 60 Madison Avenue
- 352 Park Avenue South
- 380 Second Avenue
- 300 Park Avenue South
- 301 First Ave
- 433 First Ave
- 345 E 15th St
- 33 Irving Place
- 71 Fifth Avenue
- 233 Park Avenue South
- 149 Fifth Avenue
- 419 Park Avenue South
- 24-32 Union Sq E
- 440 Park Avenue South
- 41 Union Sq W
- 826 Broadway
- 95 Madison Avenue
- 220 East 23rd Street
- 99 Madison Avenue
- 5-9 Union Sq W
- 250 Park Avenue South
- 432 Park Avenue South
- 251 Park Avenue South
- 85 Fifth Avenue
- 19 Union Sq W
- 373 Park Avenue South
- 287 Park Avenue South
- 920 Broadway
- 936 Broadway
- 841 Broadway
- 404 Park Avenue South
- 35 East 21st Street
- 30-34 Irving Place
- 37 East 18th Street
- 112-116 Madison Avenue
- 33 East 17th Street
- 873 Broadway
- 900 Broadway
- 317 E 19th St
- 115 East 23rd Street
- 860 Broadway
- 838 Broadway
- 235 Park Avenue South
- 137 East 25th Street
- 101 Fifth Avenue
- 127 E 22nd St
- 895-899 Broadway
- 119 Fifth Avenue
- 72 Madison Avenue
- 3 East 28th Street
- 113 University Place
- 116 East 16th Street
- 27 Union Sq W
- 267 Fifth Avenue
- 91 Fifth Avenue
- 38 East 29th Street
- 1 Union Sq W
- 37 East 28th Street
- 281 Park Avenue South
- 139 Fifth Avenue
- 36-38 East 20th Street
- 155 Fifth Avenue
- 821 Broadway
- 135 Fifth Avenue
- 247-251 3rd Avenue
- 18 East 17th Street
- 37 Union Sq W
- 103 Fifth Avenue
- 30-32 East 20th Street
- 125-127 Fifth Avenue
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!