Rent/Lease Office 16 E 40th St

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

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)

• Convene leased 116,000 SF at 530 Fifth Avenue
• McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
• TBWA Worldwide leased 107,308 SF at 488 Madison Ave
• KPMG LLP leased 102,979 SF at 560 Lexington Ave
• Crain Communications leased 100,000 SF at 711 Third Ave
• Pernod Ricard USA, Inc. leased 97,444 SF at 250 Park Ave
• W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
• Berkely College leased 94,669 SF at 12 East 41st St
• Geller & Co. leased 94,000 SF at 909 Third Ave
• International Rescue Com… leased 88,384 SF at 122 East 42nd St

• FILA leased 4,087 SF at 340 Madison Ave
• RFR Realty leased 4,066 SF at 275 Madison Avenue
• Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
• CTSH LLC Deli leased 3,800 SF at 633 Third Ave
• Panache Lingerie leased 3,800 SF at 286 Madison Avenue
• Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
• 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
• Staples leased 3,556 SF at 261 Madison Ave
• Tenant Popular Community Bank leased 3,553 SF at 285 Madison Avenue
• Ricky's leased 3,500 SF at 550 Fifth Ave