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Rent/Lease Office 205 E 42nd St
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 44th Street | $ 65 | 13,500 |
$ 73,125 |
| E 42nd St & Lexington Avenue | $ 40 | 55,700 |
$ 185,666 |
| 5th Ave & East 44th Street | $ 70.5 | 9,600 |
$ 56,400 |
| Park Ave & East 45th Street | $ 98 | 9,700 |
$ 79,216 |
| Third Ave & East 39th Street | $ 35 | 49,100 |
$ 143,208 |
| Lexington Ave & East 43rd Street | $ 55 | 12,900 |
$ 59,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 40th Street | $ 66 | 4,300 |
$ 23,650 |
| Lexington Ave & East 41st Street | $ 63 | 3,800 |
$ 19,950 |
| 5th Ave & East 44th Street | $ 71 | 7,000 |
$ 41,416 |
| 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 50 | 2,100 |
$ 8,750 |
| Park Ave & East 40th Street | $ 67.5 | 2,000 |
$ 11,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 24.75 | 7,300 |
$ 15,056 |
| Fifth Ave & East 45th Street | $ 40 | 10,300 |
$ 34,333 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 58.75 | 4,200 |
$ 20,562 |
| Fifth Ave & East 45th Street | $ 54 | 3,400 |
$ 15,300 |
| Lexington Ave & East 41st Street | $ 27.25 | 5,600 |
$ 12,716 |
| E 42nd St & Park Avenue | $ 42 | 5,100 |
$ 17,850 |
| E 42nd St & Lexington Avenue | $ 52 | 4,800 |
$ 20,800 |
| Fifth Ave & East 44th Street | $ 51.5 | 3,300 |
$ 14,162 |
| E 41st St & Fifth Avenue | $ 47 | 2,700 |
$ 10,575 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 51.5 | 2,100 |
$ 9,012 |
| Lexington Ave & East 40th Street | $ 41 | 2,100 |
$ 7,175 |
| 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 |
|---|---|---|---|
| E 40th St & Fifth Avenue | $ 70 | 8,100 |
$ 47,250 |
| Park Ave & East 41st Street | $ 175 | 12,200 |
$ 177,916 |
| Third Ave & East 46th Street | $ 81 | 12,100 |
$ 81,675 |
| Fifth Ave & East 40th Street | $ 85 | 11,200 |
$ 79,333 |
| Address | $ / SF / Yr | 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 40th Street | $ 63 | 3,600 |
$ 18,900 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 57 | 1,500 |
$ 7,125 |
| E 44th St & Lexington Avenue | $ 82 | 2,300 |
$ 15,716 |
| 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 65.5 | 14,600 |
$ 79,691 |
| Vanderbilt Ave & East 44th Street | $ 79 | 8,100 |
$ 53,325 |
| 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 41st Street | $ 56 | 5,700 |
$ 26,600 |
| Madison Ave & East 40th Street | $ 75 | 3,600 |
$ 22,500 |
| Vanderbilt Ave & East 44th Street | $ 50 | 4,000 |
$ 16,666 |
| Second Ave & East 43rd Street | $ 56 | 4,800 |
$ 22,400 |
| Madison Ave & East 39th Street | $ 50 | 2,700 |
$ 11,250 |
| Lexington Ave & East 41st Street | $ 60 | 3,700 |
$ 18,500 |
| E 42nd St & Park Avenue | $ 66 | 6,700 |
$ 36,850 |
| Fifth Ave & East 42nd Street | $ 60 | 3,800 |
$ 19,000 |
| Madison Ave & East 40th Street | $ 45 | 3,500 |
$ 13,125 |
| E 44th St & Third Avenue | $ 48 | 4,500 |
$ 18,000 |
| Madison Ave & East 40th Street | $ 55 | 2,500 |
$ 11,458 |
| Address | $ / SF / Yr | 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 40th Street | $ 60 | 2,400 |
$ 12,000 |
| Madison Ave & East 41st Street | $ 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 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 39th Street | $ 52 | 7,300 |
$ 31,633 |
| E 39th St & Fifth Avenue | $ 39.5 | 7,900 |
$ 26,004 |
| Fifth Ave & Between East 42nd Street | $ 84 | 9,200 |
$ 64,400 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 48.5 | 3,000 |
$ 12,125 |
| Fifth Ave & Between East 42nd Street | $ 83.5 | 6,000 |
$ 41,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 50.5 | 1,600 |
$ 6,733 |
Retail Spaces for Rent at 205 E 42nd St
Rent Retail 205 E 42nd St
Rent Medical Space at 205 E 42nd St
Office Tenants Rented / Leased 205 East 42nd Street
- Citibank leased 5,626 SF
- Osteria Laguna leased 3,756 SF
- Sophist LLC leased 0 SF
- Alisan Florist leased 2,500 SF
- Special Funds Conservation leased 0 SF
- Sushi Yasuda leased 6,800 SF
- Food Arts Center leased 0 SF
- Fund For Modern Courts Inc leased 500 SF
- Games For Change Inc leased 0 SF
- Primary Search Managem… leased 500 SF
- Penny Lane Coffee leased 1,250 SF
Nearby Office Tenants Leased
- BDO Seidman leased 121,441 SF at 100 Park Ave
- The United Nations leased 120,000 SF at 730 Third Ave
- 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
- Joseph Abboud leased 4,600 SF at 424 Madison Ave
- Daum Inc.; Haviland Inc. leased 4,500 SF at 499 Park Ave
- Wells Fargo leased 4,328 SF at 437 Madison Avenue
- MedRite leased 4,200 SF at 330 West 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
| $ / 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 205 East 42nd Street. This trend is projected to continue. Opportunities for subleases remain available at 205 East 42nd Street and in the nearby Grand Central neighborhood.
Find My Space!
Thank you! we will be in touch.
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
205 East 42nd Street Property Overview
| Building Address: | 205 E 42nd St, New York NY 10017 |
| Building Alternate Address: | 205 E 42nd St |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 22 |
| Year Built: | 1927 |
| Building Class: | B |
| Block & lot: | 01316-7501 |
205 East 42nd Street, located in the Turtle Bay neighborhood of Manhattan, New York City, is a historic building designed by Starrett & Van Vleck. It was constructed in 1929 and features a brick-clad façade. The building was acquired by Joseph Durst in 1944, marking the beginning of The Durst Organization's significant contributions to transforming Third Avenue into a prominent office submarket.
The building is situated near Grand Central Terminal and offers modern amenities, including a restored Art Deco lobby, new windows, and life safety systems. It also features green roofs and tenant terraces with views of Midtown East.
Today, 205 East 42nd Street remains a notable office asset in Manhattan, surrounded by restaurants, hotels, and corporate headquarters, with excellent access to public transportation.
205 E 42nd St, Manhattan, NYC
Located in the Turtle Bay neighborhood, this property is a significant landmark in Midtown East.
Originally built in 1929, it has undergone extensive renovations to maintain its historic charm while offering modern amenities.
The building is situated near Grand Central Terminal, providing excellent access to public transportation.
It features a restored Art Deco lobby and offers tenant terrace opportunities with views of Midtown East.
205 East 42nd Street offers a range of amenities, including:
- Janitorial Services: Comprehensive cleaning services are available.
- Kitchen Facilities: Fully equipped kitchens for tenant use.
- Lounge(s): Relaxation areas for tenants.
- Meeting Room(s): Spacious meeting rooms for conferences.
- High-Speed Internet: Broadband and WiFi access throughout the building.
- ADA Compliance: Fully accessible for all tenants.
- Double Pane Windows: Energy-efficient windows for reduced noise and energy bills.
- Elevators: Convenient access to all floors.
- LEED Gold Certification: Sustainable practices with comprehensive recycling and renewable energy offsets.
- Restored Art Deco Lobby: Elegant entrance with marbled floors and gilded details.
- Green Roofs and Tenant Terraces: Offering scenic views of Midtown East.
Major tenants at 205 East 42nd Street include:
- CUNY
- Fedcap Rehabilitation Services
- United Way of New York City
Internet Providers at 205 E 42nd St, Manhattan, NYC:
- Verizon - Offers Fios service with speeds up to 2.3 Gbps.
- Spectrum - Provides cable internet with speeds up to 1 Gbps.
- Astound Broadband Powered by RCN - Offers both cable and fiber services with speeds up to 1.5 Gbps.
- Optimum - Available with cable and fiber options, offering speeds up to 8 Gbps.
- T-Mobile Home Internet - Delivers 5G internet with typical speeds between 133 Mbps and 415 Mbps.
205 E 42nd St is located in Manhattan, NYC, near several major transportation options.
Nearest Subway Station: Grand Central-42 St, a 2-minute walk away, offering lines 4, 5, 6, 7, and S.
Bus Stops: E 42nd St and 2nd Ave, 2 Av/E 42 St, and E 42 St/2 Av, served by buses M15, M15-SBS, M42, QM32, and QM34.
Nearest Train Station: Grand Central Madison, a 1-minute walk away, serving various Metro-North Railroad lines.
Cross Streets: 2nd Avenue and 42nd Street.
Office Tenants Rented / Leased 205 East 42nd Street
- Citibank leased 5,626 SF
- Osteria Laguna leased 3,756 SF
- Sophist LLC leased 0 SF
- Alisan Florist leased 2,500 SF
- Special Funds Conservation leased 0 SF
- Sushi Yasuda leased 6,800 SF
- Food Arts Center leased 0 SF
- Fund For Modern Courts Inc leased 500 SF
- Games For Change Inc leased 0 SF
- Primary Search Managem… leased 500 SF
- Penny Lane Coffee leased 1,250 SF
Nearby Office Tenants Leased
- BDO Seidman leased 121,441 SF at 100 Park Ave
- The United Nations leased 120,000 SF at 730 Third Ave
- 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
- Joseph Abboud leased 4,600 SF at 424 Madison Ave
- Daum Inc.; Haviland Inc. leased 4,500 SF at 499 Park Ave
- Wells Fargo leased 4,328 SF at 437 Madison Avenue
- MedRite leased 4,200 SF at 330 West 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
Recent News About 205 East 42nd Street
ConnectivCorp Testimonial
To whom it may concern:
I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a sublease at 29 West 57th Street. They were fast and efficient in locating spaces that met our needs 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,
Robert Miller
Co-Chairman
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!