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Rent/Lease Office 15 West 47th Street

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 111.5
25,000
$ 232,291
Avenue of the Americas & West 55th Street $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street $ 62
6,200
$ 32,033
Fifth Ave & West 52nd Street $ 78
4,400
$ 28,600
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 76.5
2,200
$ 14,025
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of the Americas Negotiable
5,100
Negotiable
Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas Negotiable
2,300
Negotiable
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
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
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 157.5
19,300
$ 253,312
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 79.5
3,500
$ 23,187
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 73
1,900
$ 11,558
Avenue of the Americas & West 51st Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Address $ / SF / Yr SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
Madison Ave & East 49th Street $ 55.55
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
W 57th St & Avenue of the Americas $ 68
4,100
$ 23,233
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 59th St & Second Avenue $ 93.3
3,200
$ 24,880
E 61st St & Second Avenue $ 61
2,500
$ 12,708
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
Address $ / SF / Yr SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44.5
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 65
2,100
$ 11,375
E 56th St & Park Avenue $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of the Americas $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 52.5
7,100
$ 31,062
Address $ / SF / Yr SF Monthly Rent
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 15 West 47th Street

Rent Retail 15 West 47th Street

Rent Medical Space at 15 West 47th Street

Nearby Office Tenants Leased
  • Schrrthdinger leased 217,698 SF at 120 West 45th St
  • NYU School of Profession… leased 214,865 SF at 11 West 42nd St
  • Meredith Corporation leased 212,594 SF at 805 Third Ave
  • Bank of Tokyo-Mitsubishi UFJ leased 209,000 SF at 1251 Sixth Ave
  • Bloomberg leased 204,442 SF at 919 Third Avenue
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
Nearby Retail Tenants Leased
  • Sephora leased 13,000 SF at 5 Times Sq
  • STK restaurant leased 12,659 SF at 1114 Sixth Ave
  • F?te leased 12,063 SF at 231 West 39th Street
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Ha! Comedy Club leased 11,000 SF at 1560 Broadway
  • Urbanspace leased 10,850 SF at 787 Seventh Avenue
$ / 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 15 West 47th Street. This trend is projected to continue. Opportunities for subleases remain available at 15 West 47th Street and in the nearby Plaza District neighborhood.
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15 West 47th Street nyc
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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

15 West 47th Street Property Overview

Building Address: 15 West 47th Street, New York NY 10036
Building Alternate Address: 15 W 47th St
Zip Code:10036
Neighborhood:Plaza District
Borough:Manhattan
Stories:18
Year Built:1926
Building Class:B

15 West 47th Street, known as The Exchange, is a significant building in Manhattan, NYC. It was constructed in 1926 and features an 18-story office and commercial structure. The building has a total floor area of 120,790 square feet and stands on a lot of 9,790 square feet. It is located in the Central Midtown neighborhood of Manhattan.

The building was purchased in December 2020 for $110 million. Its current tax-assessed market value is approximately $50.8 million, resulting in an estimated annual property tax of $2.35 million.

Historically, the street has seen various developments in the 1920s, with several buildings, including 15 West 47th Street, being built during this period. The area has been known for its vibrant commercial activities, reflecting its central location in Midtown Manhattan.

15 West 47th Street, known as The Exchange, is a significant office building in Midtown, Manhattan, NYC. It was constructed in 1926 and features an 18-story structure with 111 units. The building is located in the heart of New York City, offering easy access to major attractions like Rockefeller Center and the Museum of Modern Art.

CaratsDirect2U, a diamond and jewelry company, operates an affiliate office in Room 1108 at this address.


15 West 47th Street Amenities

  • Doorman
  • Laundry
  • Gym
  • Stainless Steel Appliances
  • Hardwood Flooring
  • Pets Allowed (Dogs and Cats)

15 West 47th Street, Manhattan, NYC Office Tenants

This commercial building, known as The Exchange, is located in the heart of Midtown's diamond district and is home to a diverse array of businesses, with a strong focus on jewelry companies.

Notable tenants include:

  • Watches International
  • NFA Trading / Jay Feder New York
  • Monte Carlo Gems

The building was constructed in 1926 and features 18 stories with 111 units, providing ample space for various business operations.

As of recent reports, the building and its nearby properties maintain a high occupancy rate, reflecting its popularity among businesses.


Internet providers available at 15 West 47th Street, Manhattan, NYC, include:

  • Verizon: Offers fiber-optic internet with speeds up to 2,300 Mbps.
  • Earthlink: Although specific details are not mentioned, it is another option available in the area.

15 West 47th Street, Manhattan, NYC

Transportation: The nearest subway station is 47-50 Sts-Rockefeller Ctr, a 3-minute walk away. Public transit options include:

  • Subway Lines: 2, 4, 6, B, F, M, D, N, Q, R, W, 7
  • Bus Routes: BM2, BXM4, M42, M55, QM12, QM18
  • Trains: Harlem Line, PATH trains

Cross Streets: 47th Street intersects with both Fifth Avenue and Sixth Avenue, with nearby cross streets including 46th Street and 48th Street.

Nearest Bus Stops: 5th Ave & W 47th St, 5 Av/W 48 St, 6 Av/W 47 St, and 6 Av/W 46 St, all within a 2-4 minute walk.

Nearby Office Tenants Leased
  • Schrrthdinger leased 217,698 SF at 120 West 45th St
  • NYU School of Profession… leased 214,865 SF at 11 West 42nd St
  • Meredith Corporation leased 212,594 SF at 805 Third Ave
  • Bank of Tokyo-Mitsubishi UFJ leased 209,000 SF at 1251 Sixth Ave
  • Bloomberg leased 204,442 SF at 919 Third Avenue
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
Nearby Retail Tenants Leased
  • Sephora leased 13,000 SF at 5 Times Sq
  • STK restaurant leased 12,659 SF at 1114 Sixth Ave
  • F?te leased 12,063 SF at 231 West 39th Street
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Ha! Comedy Club leased 11,000 SF at 1560 Broadway
  • Urbanspace leased 10,850 SF at 787 Seventh Avenue

Nothing else matters Software Testimonial

Nothing else matters Software testimonial To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements 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, Donald H. Rutherford CFO
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