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Rent/Lease Office 240 W 35th St

$ / SF SF Monthly Rent
$ 40
4,900
$ 16,129
Negotiable
10,400
Negotiable
$ / SF SF Monthly Rent
Negotiable
4,100
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 49
11,700
$ 47,775
Penn Plaza & West 33rd Street $ 43
29,000
$ 103,916
Bryant Park & 6th Avenue $ 62
14,000
$ 72,333
Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 54
3,200
$ 14,400
Broadway & West 41st Street $ 56
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 70
4,300
$ 24,904
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF SF Monthly Rent
W 37th St & 6th Avenue $ 32
11,400
$ 30,400
W 37th St & Avenue of America $ 36
10,200
$ 31,025
Broadway & West 37th Street $ 42
11,100
$ 38,850
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
W 40th St & Between West 39th Street $ 38
15,100
$ 47,816
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 48
4,200
$ 16,800
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
W 40th St & Eighth Avenue $ 40
2,600
$ 8,666
Broadway & West 37th Street $ 39
6,100
$ 19,825
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 47
2,100
$ 8,225
Tenth Ave & West 37th Street $ 46
2,200
$ 8,525
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
W 36th St & Between 8th Avenue $ 38
2,400
$ 7,600
Address $ / SF SF Monthly Rent
W 35th St & Between West 35th Street $ 33
7,500
$ 20,625
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 30th St & Between West 30th Street $ 30
7,100
$ 17,750
W 36th St & Eight Avenue $ 33
7,800
$ 21,450
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 46
2,500
$ 9,687
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 35th St & Between West 35th Street $ 34
5,300
$ 15,016
W 37th St & Seventh Avenue $ 30
6,800
$ 17,000
W 36th St & Eighth Avenue $ 50
3,700
$ 15,416
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 37th St & Eight Avenue $ 40
3,400
$ 11,333
W 36th St & Avenue of the Americas $ 45
3,400
$ 12,750
W 30th St & Between West 30th Street $ 32
5,000
$ 13,125
Broadway & West 32nd Street $ 46
3,500
$ 13,498
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
W 37th St & Eight Avenue $ 45
1,800
$ 6,750
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1364 $ 775
Interior office/person $ 1350 $ 864 $ 525
Team Rooms $ 10100 $ 8114 $ 5025
Suites $ 20100 $ 12114 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 70
13,200
$ 77,000
Fifth Ave & West 38th Street $ 56
17,600
$ 82,133
Broadway & West 39th Street $ 59
10,900
$ 53,591
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
W 40th St & Avenue of Americas $ 73
8,500
$ 51,708
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 68
5,500
$ 30,937
W 38th St & Avenue of the Americas $ 57
3,500
$ 16,625
Broadway & West 41st Street $ 66
6,800
$ 37,683
Broadway & West 36th Street $ 66
4,600
$ 25,491
2 & West 31st Street $ 142
5,300
$ 62,495
Fifth Ave & West 38th Street $ 62
3,800
$ 19,633
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 68
2,300
$ 12,937
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 40
7,500
$ 25,000
W 39th St & Eighth Avenue $ 40
7,700
$ 25,345
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,666
Eighth Ave & West 35th Street $ 39
7,100
$ 23,075
Eighth Ave & W 35th Street $ 40
8,000
$ 26,333
W 37th St & Avenue of America $ 48
8,600
$ 34,400
Tenth Ave & West 37th Street $ 49
7,900
$ 32,258
W 36th St & 6th Avenue $ 45
9,600
$ 36,000
Broadway & West 38th Street $ 54
9,500
$ 42,750
Seventh Ave & West 37th Street $ 56
10,300
$ 47,637
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
W 35th St & Avenue of America $ 29
4,400
$ 10,633
Eighth Ave & West 36th Street $ 37
4,700
$ 14,491
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
Tenth Ave & West 37th Street $ 44
2,200
$ 8,066
W 40th St & Eighth Avenue $ 48
1,900
$ 7,520
Broadway & West 38th Street $ 52
1,900
$ 8,233
7th Ave & Between 7th Avenue $ 57
1,600
$ 7,600
Avenue of the Americas & West 39th Street $ 61
2,300
$ 11,691
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
8,800
$ 28,966
W 39th St & Eighth Avenue $ 36
9,200
$ 27,216
Eighth Ave & West 36th Street $ 41
16,000
$ 54,666
W 35th St & Seventh Avenue $ 35
7,600
$ 22,166
W 35th St & Between West 35th Street $ 34
7,300
$ 20,683
Eighth Ave & West 39th Street $ 40
11,400
$ 38,000
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
3,900
$ 13,000
W 35th St & Eighth Avenue $ 34
3,300
$ 9,487
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 38th St & Between West 37th Street $ 40
2,700
$ 9,000
Eighth Ave & West 36th Street $ 42
5,800
$ 20,058
W 32nd St & Ninth Avenue $ 50
2,800
$ 11,666
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 36
2,300
$ 6,804
W 38th St & Eight Avenue $ 36
2,100
$ 6,380
W 39th St & Eighth Avenue $ 40
1,600
$ 5,266
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 32nd St & Ninth Avenue $ 50
1,800
$ 7,500
W 35th St & Between West 35th Street $ 36
2,100
$ 6,387
W 37th St & Ninth Avenue $ 37
1,900
$ 5,920

Retail Spaces for Rent at 240 W 35th St

Rent Medical Space at 240 W 35th St

Office Tenants Rented / Leased 240 West 35th Street
  • Citizens Budget Commission leased 4,332 SF
  • Knotel leased 27,186 SF
  • Diptyque leased 8,097 SF
  • The New Group leased 4,632 SF
  • Fidelus Technologies leased 11,070 SF
  • Newsday leased 10,100 SF
  • NorthStar Group leased 1,728 SF
  • Carrier Northeast leased 5,320 SF
  • amNew York leased 10,100 SF
  • Strategy LLC leased 1,900 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 240 West 35th Street. This trend is projected to continue. Opportunities for subleases remain available at 240 West 35th Street and in the nearby Penn Plaza/Garment neighborhood.
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240 West 35th Street nyc
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240 West 35th Street Property Overview

Building Address: 240 W 35th St, New York NY 10001
Building Alternate Address: 240 W 35th St
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:18
Year Built:1924
Building Class:B
Block & lot:00784-0064

240 West 35th Street Building History

Built: 1924
Stories: 17
Building Class: Office with Commercial 7-19 Stories (O6)
Square Footage: 145,372 SF (Lot: 9,875 SF)

Ownership Timeline

  • 2024: Purchased for $30M by MetLife Investment Management via foreclosure auction
  • 2016: Acquired by ATCO Properties & Management for $108M
  • 2014: Previous recorded sale at $80.18M (RPW Group ownership cited in later transactions)

Key Transactions

The property underwent multiple refinancings including MetLife's $72.75M loan to ATCO in 2018. A 2023 foreclosure proceeding followed before MetLife's acquisition.

Notable Tenants

Includes Diptyque (luxury goods), Thom Browne (fashion designer), Citizens Budget Commission, and Anyword (AI tech firm).

Location

Neighborhood: Garment District
ZIP: 10001
Block/Lot: 00784-0064
Alternate address: 240-246 W 35th St

240 West 35th Street is a boutique office building located in the heart of Manhattan, New York City. It is situated between Seventh and Eighth Avenues in the Time Square South submarket of Midtown Manhattan.

The building was constructed in 1924 but has undergone significant renovations. It features an attended lobby and offers 24/7/365 access, dedicated tenant-controlled air conditioning, operable windows, and recently renovated common areas and façade.

This 17-story building provides various office spaces with partial build-outs, ideal for different types of businesses. The area is surrounded by major transportation hubs and is within walking distance to several cultural and shopping centers.

Key Features: - Attended lobby - Dedicated, tenant-controlled AC - Operable windows - Recent renovations - Institutional quality ownership


Amenities at 240 W 35th St, Manhattan, NYC

  • 24 Hour Access
  • Metro/Subway Nearby
  • Property Manager on Site
  • Security System
  • Two Outdoor Spaces including a Roof Top Terrace
  • Laundry Facilities On Site
  • Bike Storage
  • Recently Renovated Entrance, Lobby, Building Systems, Façade, and Common Corridors
  • Dedicated, Tenant-Controlled Air Conditioning
  • Operable Windows

Office Tenants at 240 W 35th St, Manhattan, NYC

  • Westside Clothing Co
  • Pexip
  • Sojern
  • Thom Browne
  • New Group

Internet Providers at 240 W 35th St, Manhattan, NYC

  • Verizon Fios: Offers high-speed fiber internet with speeds up to 2.3 Gbps.
  • Astound Broadband: Provides cable and fiber services, known for its low prices and unlimited data usage.

240 W 35th St, Manhattan, NYC, is a strategic location with easy access to multiple transportation options. The nearest subway stations include 34 St-Herald Sq, Times Sq-42 St, and 34 St-Penn Station. Subway lines such as 1, A, C, E, and M are available. Additionally, buses like 119, M20, and Q32 pass nearby. The cross streets for this location are 7th Avenue and 8th Avenue, providing convenient access to Penn Station and Port Authority.

Office Tenants Rented / Leased 240 West 35th Street
  • Citizens Budget Commission leased 4,332 SF
  • Knotel leased 27,186 SF
  • Diptyque leased 8,097 SF
  • The New Group leased 4,632 SF
  • Fidelus Technologies leased 11,070 SF
  • Newsday leased 10,100 SF
  • NorthStar Group leased 1,728 SF
  • Carrier Northeast leased 5,320 SF
  • amNew York leased 10,100 SF
  • Strategy LLC leased 1,900 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 240 West 35th Street
  • Citizens Budget Commission leased 4,332 SF
  • Knotel leased 27,186 SF
  • Diptyque leased 8,097 SF
  • The New Group leased 4,632 SF
  • Fidelus Technologies leased 11,070 SF
  • Newsday leased 10,100 SF
  • NorthStar Group leased 1,728 SF
  • Carrier Northeast leased 5,320 SF
  • amNew York leased 10,100 SF
  • Strategy LLC leased 1,900 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

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Why Optimal Spaces –
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  • No fee for clients renting space.
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  • Save 15–20% on your business costs.
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  • 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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