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Rent/Lease Office 12 E 41st St

$ / SF SF Monthly Rent
Negotiable
4,900
Negotiable
Negotiable
7,900
Negotiable
$ / SF SF Monthly Rent
$ 47
1,500
$ 5,875
$ 47
2,700
$ 10,575

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 $ 39
55,700
$ 181,025
5th Ave & East 44th Street $ 69
9,600
$ 55,200
Park Ave & East 45th Street $ 100
9,700
$ 80,429
Third Ave & East 39th Street $ 35
49,100
$ 143,208
Lexington Ave & East 43rd Street $ 54
12,900
$ 58,050
Address $ / SF SF Monthly Rent
5th Ave & East 44th Street $ 69
7,000
$ 40,250
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
$ 12,016
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
Lexington Ave & East 40th Street $ 41
2,100
$ 7,175
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 $ 2100 $ 2207 $ 775
Interior office/person $ 1350 $ 1707 $ 525
Team Rooms $ 10100 $ 8957 $ 5025
Suites $ 20100 $ 12957 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue $ 70
8,100
$ 47,250
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
Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue $ 70
6,400
$ 37,333
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
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 $ 80
8,100
$ 54,337
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 $ 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
Second Ave & East 43rd Street $ 56
4,800
$ 22,400
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
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
$ 24,537
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
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
$ 12,375
Fifth Ave & Between East 42nd Street $ 84
6,000
$ 42,250
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,733

Retail Spaces for Rent at 12 E 41st St

Rent Medical Space at 12 E 41st St

$ / SF SF Monthly Rent
Negotiable
1,400
Negotiable
Office Tenants Rented / Leased 12 East 41st Street
  • Sun & Moon Marketing leased 6,000 SF
  • Berkely College leased 94,669 SF
  • Dorian Studios Inc leased 500 SF
  • Rennert leased 1,500 SF
  • Strickland Group leased 0 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 12 East 41st Street. This trend is projected to continue. Opportunities for subleases remain available at 12 East 41st Street and in the nearby Grand Central neighborhood.
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12 East 41st Street nyc
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12 East 41st Street Property Overview

Building Address: 12 E 41st St, New York NY 10017
Building Name: Real Estate Board Building
Building Alternate Address: 12 E 41st St
Zip Code:10017
Neighborhood:Grand Central
Borough:Manhattan
Stories:17
Year Built:1926
Building Class:B
Block & lot:01275-0064

History of 12 East 41st Street, Manhattan, NYC

12 East 41st Street, located in the Midtown district of Manhattan, New York City, is a historically significant office building that was constructed in 1926. The building rises 17 stories tall with a roof height of approximately 226 feet. It was built during a period of rapid development in Midtown Manhattan, coinciding with Jimmy Walker’s tenure as New York City mayor in the same year.

The building occupies a lot measuring 6,325 square feet, with a frontage of 63 feet and a depth of approximately 103 feet, and encompasses a gross floor area of around 83,267 square feet. It is classified as an office building with commercial spaces (building class O6) and has remained a prominent structure in the area since its completion.

Originally built in 1926, the building was last significantly altered in 1983, maintaining its historic architectural character in the rapidly evolving Midtown urban landscape. The property has been valued as a major commercial asset with an assessed market value in the tens of millions, reflecting its enduring importance and prime location in Manhattan.

Over the decades, 12 East 41st Street has been part of the vibrant commercial fabric of the Grand Central neighborhood, contributing to the business activity and architectural heritage of the area.

12 East 41st Street, Manhattan, NYC

Key Details

  • Alternate Name: Real Estate Board Building
  • Address: 12 East 41st Street, New York, NY 10017
  • Secondary Address: 10-14 East 41st Street
  • Neighborhood: Grand Central/Murray Hill
  • Year Built: 1926 (17 stories)
  • Building Class: Office (O6 classification)
  • Total Area: 83,267 sqft gross building area

Features

  • Accessibility: 24-hour access, steps from NY Public Library
  • Transportation:
    • 2 blocks from Grand Central Station
    • Walking distance to Penn Station
    • Near 4/5/6/S/7/B/D/F/M/Q/N/R/1/2/3 subway lines
  • Technical: Fiber internet available (10 Gb/s up/down)

Dimensions

  • Lot Size: 6,325 sqft (63ft frontage x 103ft depth)
  • Zoning: C5-2.5 with Midtown Special Purpose District
  • Assessment: $16,458,750 total value ($2,308,500 land value)

Structure Details

  • Altered: 1983
  • Condition: Multiple full build-out office spaces available
  • Capacity: Contains 29 units

12 East 41st Street Building Amenities

  • Located two blocks from Grand Central Terminal
  • Walking distance to Port Authority Bus Terminal and Penn Station
  • Easy access to multiple subway lines: 4, 5, 6, S, 7, B, D, F, M, Q, N, R, 1, 2, 3
  • Nearby to New York Public Library and Bryant Park
  • 24 Hour Access to building
  • Bus Line access
  • Controlled building access for security
  • Commuter Rail access nearby
  • Building air conditioning system
  • High-speed fiber internet available from multiple providers (Lightower, Level 3 Communications, Cablevision/Lightpath, Stealth Communications) with up to 10 Gb/s download and upload speeds
  • Turn-key classroom and administrative office spaces available with Certificate of Occupancy in place
  • Building class: B, constructed in 1926, 17 stories tall

Office Spaces Rented / Leased at 12 East 41st Street, Manhattan, NYC

12 East 41st Street is a 17-story office building in Midtown Manhattan, NYC, built in 1926 with a total building size of approximately 83,267 square feet.

The building offers office spaces suitable for varied tenants including corporate offices, schools, non-profits, and administrative uses, spread across multiple floors with flexible sizes ranging roughly from 4,000 to 6,000 square feet per floor.

Leased Office Spaces by Floor

Floor Approximate Size Use / Condition Typical Fit Availability
7th & 8th Floors 6,000 SF each Turn-key classroom space with Certificate of Occupancy; ideal for school, non-profits, office tenants Suitable for classrooms or office uses Currently leased
9th Floor 6,000 SF Built classroom / office space Classroom or office Currently leased
10th Floor 4,800 - 5,700 SF General office, full build-out Fits 12 - 39 people Currently leased
11th Floor 5,700 SF General office, full build-out Fits 12 - 39 people Currently leased
12th Floor 5,325 SF Turn-key administrative & corporate office space Fits 14 - 43 people Currently leased
13th Floor 5,324 SF Built office with 11 offices and 2 open areas, full build-out Corporate office Currently leased
14th Floor 4,500 SF Built office including 11 offices, facility lounge, and reception; full build-out Corporate office Currently leased
15th Floor 4,554 SF Newly built classrooms Classroom or office use Currently leased
16th Floor 4,000 SF Built office Office use Currently leased
17th Floor 4,000 SF General office, full build-out Fits 10 - 32 people Currently leased

These spaces provide flexible leasing terms generally ranging between 3 to 10 years, suitable for a range of tenant types from corporate offices to educational uses. The building is conveniently located steps from Grand Central Station, NY Public Library, and Bryant Park, with easy access to numerous subway lines and commuter transit options.


Internet Providers at 12 E 41st St, Manhattan, NYC

Internet Provider Technology Maximum Download Speed Maximum Upload Speed
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s
Stealth Communications Fiber 10 Gb/s 10 Gb/s

12 E 41st St, Manhattan, NYC

Transportation:

  • Subways: Nearby access to lines 4, 5, 6, S, 7, B, D, F, M, Q, N, R, 1, 2, 3
  • Bus Lines: BM2, M15-SBS, M42, QM32, X63
  • Trains: PATH, HARLEM, PORT WASHINGTON BRANCH, RONKONKOMA BRANCH

Cross Streets:

  • East 40th Street
  • East 42nd Street
  • 1st Avenue
  • 2nd Avenue
  • 5th Avenue

Nearest Subway Station:

  • Grand Central - 42nd Street (0.08 miles)

Points of Interest:

  • NY Public Library
  • Bryant Park

Neighborhood: Murray Hill

Walk Score: 99, Transit Score: 100, Bike Score: 82

Office Tenants Rented / Leased 12 East 41st Street
  • Sun & Moon Marketing leased 6,000 SF
  • Berkely College leased 94,669 SF
  • Dorian Studios Inc leased 500 SF
  • Rennert leased 1,500 SF
  • Strickland Group leased 0 SF

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl
Office Tenants Rented / Leased 12 East 41st Street
  • Sun & Moon Marketing leased 6,000 SF
  • Berkely College leased 94,669 SF
  • Dorian Studios Inc leased 500 SF
  • Rennert leased 1,500 SF
  • Strickland Group leased 0 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl

Lempert Brothers Intl USA. Testimonial

Lempert Brothers Intl USA. testimonial
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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.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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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?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
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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