Rent Office 16 East 40th Street

Lease Office - 16 E 40th St

$ / SF SF Monthly Rent
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Sublease Office - 16 E 40th St

$ / SF SF Monthly Rent
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Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1394 $ 775
Interior office/person $ 1350 $ 894 $ 525
Team Rooms $ 10100 $ 8144 $ 5025
Suites $ 20100 $ 12144 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue Negotiable
7,800
Negotiable
Third Ave & East 46th Street Negotiable
7,900
Negotiable
Third Ave & East 40th Street Negotiable
7,400
Negotiable
Fifth Ave & East 44th Street Negotiable
7,900
Negotiable
Fifth Ave & East 44th Street Negotiable
12,300
Negotiable
Third Ave & East 42nd Street Negotiable
8,000
Negotiable
Madison Ave & East 40th Street Negotiable
15,900
Negotiable
Third Ave & East 46th Street Negotiable
7,400
Negotiable
E 42nd St & Second Avenue Negotiable
8,200
Negotiable
Lexington Ave & East 42nd Street Negotiable
7,400
Negotiable
Park Ave & East 45th Street Negotiable
9,200
Negotiable
E 42nd St & Lexington Avenue Negotiable
8,200
Negotiable
Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue Negotiable
5,600
Negotiable
Third Ave & East 46th Street $ 62
4,100
$ 21,183
Madison Ave & East 40th Street Negotiable
4,700
Negotiable
Vanderbilt Ave & East 44th Street $ 49
5,300
$ 21,641
Address $ / SF SF Monthly Rent
Third Ave & East 46th Street Negotiable
1,900
Negotiable
Park Ave & East 40th Street Negotiable
2,000
Negotiable
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Third Ave & East 41st Street Negotiable
1,800
Negotiable
Fifth Ave & East 45th Street Negotiable
2,000
Negotiable
Third Ave & East 46th Street Negotiable
1,800
Negotiable
Lexington Ave & East 42nd Street Negotiable
2,100
Negotiable
E 42nd St & Lexington Avenue Negotiable
2,200
Negotiable
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Park Ave & East 41st Street $ 85
2,300
$ 16,291
Lexington Ave & East 47th Street Negotiable
2,300
Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & East 42nd Street $ 58
7,400
$ 35,766
Madison Ave & East 40th Street Negotiable
17,400
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 41st Avenue Negotiable
3,200
Negotiable
Madison Ave & East 39th Street Negotiable
2,700
Negotiable
Lexington Ave & East 41st Street Negotiable
2,700
Negotiable
Fifth Ave & East 42nd Street Negotiable
6,100
Negotiable
E 44th St & Third Avenue Negotiable
6,000
Negotiable
Madison Ave & East 40th Street Negotiable
2,500
Negotiable
Madison Ave & East 40th Street Negotiable
5,900
Negotiable
Madison Ave & East 41st Avenue Negotiable
2,600
Negotiable
E 40th St & Park Avenue Negotiable
5,100
Negotiable
E 43rd St & Third Avenue Negotiable
4,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 39th Street Negotiable
1,900
Negotiable
Fifth Ave & East 42nd Street $ 60
1,600
$ 8,000
Madison Ave & East 40th Street Negotiable
1,800
Negotiable
E 45th St & Fifth Avenue Negotiable
2,200
Negotiable
Madison Ave & East 40th Street Negotiable
1,900
Negotiable
Madison Ave & East 41st Avenue $ 55
2,000
$ 9,166
Lexington Ave & East 40th Street $ 43
2,100
$ 7,525
E 45th St & Third Avenue Negotiable
1,700
Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & East 39th Street Negotiable
7,300
Negotiable
E 39th St & Fifth Avenue Negotiable
7,900
Negotiable
Address $ / SF SF Monthly Rent
E 44th St & Madison Avenue Negotiable
2,700
Negotiable
E 40th St & Lexington Avenue Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
E 44th St & Madison Avenue Negotiable
2,200
Negotiable
E 40th St & Lexington Avenue Negotiable
1,600
Negotiable

Retail Spaces for Rent

Rent Retail - 16 E 40th St

$ / SF SF >Monthly Rent
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Rent Retail - 16 E 40th St

$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
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Nearby retail Spaces for Rent

Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue Negotiable
3,500
Negotiable
Third Ave & East 46th Street Negotiable
5,300
Negotiable
Third Ave & East 40th Street $ 115
2,300
$ 22,041
Fifth Ave & East 44th Street Negotiable
9,700
Negotiable
3rd Ave & Between East 45th Street Negotiable
2,300
Negotiable
Park Ave & East 40th Street Negotiable
3,400
Negotiable
E 42nd St & Lexington Avenue Negotiable
2,400
Negotiable
Third Ave & East 46th Street Negotiable
4,000
Negotiable
E 42nd St & Second Avenue $ 80
4,500
$ 30,000
Third Ave & Between East 44th Street Negotiable
2,100
Negotiable
E 42nd St & Madison Avenue Negotiable
2,200
Negotiable
E 42nd St & Lexington Avenue $ 58
4,700
$ 22,716
Madison Ave & East 39th Street Negotiable
6,000
Negotiable
Address $ / SF SF Monthly Rent
Third Ave & East 39th Street Negotiable
1,000
Negotiable
3rd Ave & Between East 45th Street Negotiable
1,800
Negotiable
Park Ave & East 40th Street Negotiable
1,100
Negotiable
Madison Ave & East 44th Street Negotiable
1,700
Negotiable
E 42nd St & Lexington Avenue Negotiable
1,800
Negotiable
Third Ave & East 43rd Street Negotiable
1,500
Negotiable
Madison Ave & East 41st Avenue $ 300
1,700
$ 42,500
Madison Ave & East 39th Street Negotiable
1,600
Negotiable
Park Ave & Lexington Avenue Negotiable
1,900
Negotiable
E 42nd St & Third Avenue Negotiable
1,200
Negotiable
Lexington Ave & East 47th Street Negotiable
1,600
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street Negotiable
5,200
Negotiable
E 44th St & Third Avenue $ 55
2,200
$ 10,083
E 44th St & Fifth Avenue Negotiable
5,000
Negotiable
Madison Ave & Between East 44th Street Negotiable
11,200
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street Negotiable
1,600
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue Negotiable
2,100
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent

Rent Medical Space

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Nearby medical Spaces for Rent

Address $ / SF SF Monthly Rent
Third Ave & East 41st Street Negotiable
5,500
Negotiable
Address $ / SF SF Monthly Rent
Third Ave & East 41st Street Negotiable
3,300
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue Negotiable
5,600
Negotiable
E 45th St & Second Avenue Negotiable
6,800
Negotiable
Madison Ave & East 41st Avenue Negotiable
5,700
Negotiable
Lexington Ave & East 41st Street $ 50
5,600
$ 23,100
Address $ / SF SF Monthly Rent
Lexington Ave & East 41st Street $ 49
4,000
$ 16,333
E 46th St & Fifth Avenue Negotiable
3,900
Negotiable
Madison Ave & East 40th Street Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 39th Street $ 45
1,600
$ 6,000
E 39th St & Fifth Avenue $ 39
2,800
$ 9,100
E 44th St & Third Avenue $ 50
1,300
$ 5,416
Lexington Ave & East 41st Street $ 43
2,700
$ 9,675
E 40th St & Park Avenue $ 58
2,400
$ 11,700
E 40th St & Madison Avenue $ 68
1,400
$ 7,875
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
E 40th St & Madison Avenue $ 70
2,000
$ 11,666
E 44th St & Madison Avenue $ 46
2,700
$ 10,237
16 East 40th Street nyc
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Lease 16 East 40th Street

Rent 16 East 40th Street Property Overview

Bulding Address: 16 E 40th St, New York NY 10016
Building Alternate address: 16 E 40th St
Zip Code:10016
Neighborhood:Grand Central
Borough:Manhattan
Stories:12
Year Built:1911
Building Class:B
Block & lot:00869-0064

History of 16 East 40th Street, Manhattan, NYC

Located in Midtown Manhattan's Murray Hill neighborhood, 16 East 40th Street is a historic commercial office building that was completed in 1911. The building stands 12 stories tall and encompasses approximately 89,423 square feet of space.

This property, classified as an Office with Commercial (7-19 stories) building, features a single structure on a lot measuring about 7,400 square feet. The lot has a frontage of 51 feet and a depth of 198 feet, consistent with its substantial scale and presence in the Midtown South area.

Over the years, 16 East 40th Street has maintained its role as a prominent office building in Manhattan, reflecting early 20th-century commercial architectural development in New York City. It lies within Community District 105 and is part of City Council District 4.

The building continues to be assessed for both its market and tax values, indicating its ongoing significance in the local real estate landscape. Notably, it has been valued in recent years at over $15 million according to tax assessor records.

16 East 40th Street, Manhattan, New York, NY 10016

16 East 40th Street is a commercial office building located in the Murray Hill neighborhood of Manhattan, New York City. The building was constructed in 1911 and has 12 stories with a total building size of approximately 89,423 square feet.

This Class B office property features a building height of 12 stories, typical floor sizes around 8,615 square feet, and sits on a lot measuring 0.17 acres (7,400 square feet). It is zoned C5-2.5, which is a central commercial district designed for offices and retail establishments.

The building offers close proximity to major Midtown transit hubs including Grand Central Terminal and Bryant Park, with easy access to several subway lines, making it highly accessible.

Key facts:

  • Address: 16 East 40th Street, New York, NY 10016
  • Neighborhood: Murray Hill, Manhattan
  • Year Built: 1911
  • Building Class: Office with Commercial, 7-19 Stories (O6)
  • Stories: 12
  • Building Size: 89,423 sq ft
  • Lot Size: 7,400 sq ft
  • Zoning: C5-2.5 Central commercial district
  • Typical Floor Size: Approx. 8,615 sq ft

Nearby points of interest include Grand Central Terminal, Bryant Park, and Fifth Avenue, all within a short walking distance.


Building Amenities at 16 E 40th St, Manhattan, NYC

  • Security System
  • Additional Elevator with potential exclusive access to 12th floor and penthouse
  • Brand new lobby and elevators
  • Minimal columns and high ceilings
  • Private rooftop access

16 E 40th St is a 12-story office building located in Midtown Manhattan, New York, NY 10016. The building offers a total space of 89,392 SF and features a B-class office setup. It was originally built in 1911 and renovated in 2005. As of recent reports, the building had a low occupancy rate, with only about three tenants remaining.


Internet Providers at 16 E 40th St, Manhattan, NYC

This building has fiber internet service availability from multiple providers offering high-speed connections suitable for business and residential needs.

  • Verizon New York: Fiber technology, with maximum download speeds up to 1 Gbps and upload speeds up to 25 Mbps.
  • Level 3 Communications: Fiber technology, providing symmetrical speeds up to 10 Gbps for both download and upload.
  • Cablevision/Lightpath: Fiber technology, offering up to 10 Gbps symmetrical speeds.
  • Cogent Communications: Fiber technology, also providing 10 Gbps download and upload speeds.

Transportation and Cross Streets

Address: 16 E 40th St, New York, NY 10016

Public Transit

  • Buses: BXM4, M101, M42, M55, Q32, BM5
  • Subways: 4, 5, 6, 7, B, M lines
  • Commuters Rail: Harlem, Hudson, Babylon Branch (Grand Central Terminal proximity)
  • Nearest Stops: Madison Av/E 40 St (1-2 min walk), Grand Central Terminal (3-4 min walk)

Cross Streets

  • Primary: Madison Avenue (east) and 5th Avenue (west)
  • Adjacent: E 39th St (south) and E 41st St (north)

Rent Office - 16 East 40th Street Average

Year $ / SF
2018 46.2
2019 53.0
2021 41.0
Year$ / SF

C2 Media Testimonial

C2 Media testimonial

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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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