Rent/Lease Office 240 W 40th St

History of 240 West 40th Street, Manhattan, NYC

240 West 40th Street, known as the Freshman Building, is a historic commercial building located in the Garment District of Midtown Manhattan. Constructed in 1923, it stands as a 12-story structure covering approximately 137,199 square feet. For many years, the building was relatively underutilized and somewhat overlooked amidst the bustling heart of Midtown.

Its story is one of significant revitalization, reflecting the broader urban renewal occurring in Midtown Manhattan. The building underwent a comprehensive renovation that transformed it from an aging property into a modern and upscale destination. This renewal included the complete modernization of its electrical, plumbing, and HVAC systems, replacing outdated infrastructure with energy-efficient and sustainable alternatives.

The interior was fully redesigned to create sleek and contemporary spaces incorporating the latest design trends and technology, including open-plan layouts and high-end finishes. The exterior also received considerable attention, with façade restoration and enhancements to the building’s curb appeal, harmonizing with its prestigious Midtown location.

Situated in one of the most sought-after neighborhoods in New York City, 240 West 40th Street benefits from unparalleled access to public transportation, world-class amenities, and proximity to major business centers, making it an ideal location for professionals and entrepreneurs.

The transformation of 240 West 40th Street exemplifies a successful blend of historical context and forward-looking development. It has set a new standard for luxury and modern living in Midtown, symbolizing ongoing urban renewal and the evolution of this dynamic neighborhood.

Building Amenities at 240 W 40th St, Manhattan, NYC

• 24/7 Access
• Reception Services and Administration Support
• Fully Renovated Lobby
• New Elevators, Windows, and Façade
• Exposed Brick and Steel Columns
• High-End Finishes and Glass Fronts
• Conference Rooms
• Central Air Conditioning with After Hours HVAC Available
• Elevator Access
• Natural Light and Accent Lighting
• Controlled Access and Concierge
• Atrium
• Kitchen Facilities
• High Ceilings
• Partitioned Offices and Plug & Play Options
• Metro/Subway Access Nearby
• High-Speed Fiber Internet Providers:
  • Verizon New York (1 Gb/s download, 25 Mb/s upload)
  • Level 3 Communications (10 Gb/s download/upload)
  • Cablevision/Lightpath (10 Gb/s download/upload)
• Shared Workspace with Soundproofed Suites and Motorized Standing Desks
• State-of-the-Art Workspaces including Exercise Room, Meditation Space, Cycle Storage
• Full Kitchen with Unlimited Premium Teas and Coffee
• Mail Delivery Service and Cleaning Service
• Multiple Phone Booths for Privacy
• Meeting Rooms for Small to Medium Teams
• Event Space Accommodating up to 50 People
• WiFi and Printing Facilities
• Pet Friendly
• Accessibility Features

Internet Providers at 240 W 40th St, Manhattan, NYC

Transportation Near 240 West 40th Street, Manhattan, NYC

240 W 40th St is well-served by multiple public transit options, including bus, subway, and train services, providing convenient access throughout Manhattan and the greater New York City area.

Cross Streets

Located between 7th Avenue and 8th Avenue on West 40th Street.

Bus Lines

Nearby bus routes include: M20, Q32, QM10, QM15, X37, and SHORTLINE HUDSON.

• Bus stops within a 1-5 minute walk:
  • 8 Av & W 39 St (1 min walk)
  • W 40th St & 8th Ave (2 min walk)
  • 8 Av & W 40 St (3 min walk)
  • New York Port Authority Bus Terminal (3 min walk)
  • W 42nd St & 8th Ave Times Square (4 min walk)

Subway Lines

Subway lines serving the area include: 1, 7, 7X, A, C, E, M, W, B, D, F, FX, N, Q, R, and S.

• Nearby subway stations:
  • 42 St-Port Authority Bus Terminal
  • Times Sq-42 St (nearby major transit hub)
  • 34 St-Penn Station (within walking distance)

Train Services

Train routes accessible nearby include PATH trains and regional lines such as Ronkonkoma Branch, Acela, Adirondack, Cardinal, Carolinian, and Crescent.

Additional Notes

The New York Port Authority Bus Terminal is approximately a 9-minute walk (547 yards) from 240 W 40th St, making it a central transit node for bus travelers.

Subways operate 24 hours with the earliest trains around 3:00 AM and last trains near 4:00 AM, ensuring round-the-clock connectivity.

• W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
• American Society of Composers, Authors and Publishers leased 85,400 SF at 250 West 57th Street
• Spring Global leased 80,000 SF at 104 West 40th St
• Complex Networks leased 80,000 SF at 229 West 43rd Street
• Kasper leased 77,413 SF at 1412 Broadway
• Morgan Stanley DW leased 75,440 SF at 1221 Avenue of the Americas
• Times Square Grey Entert… leased 70,500 SF at 1500 Broadway
• Ion Media Networks, Inc. leased 68,786 SF at 810 Seventh Ave
• Nixon Peabody LLP leased 66,297 SF at 55 West 46th Street
• WeWork leased 66,163 SF at 311 West 43rd St

• Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
• Ricky's leased 3,500 SF at 550 Fifth Ave
• Fossil leased 3,241 SF at 1585 Broadway
• Pringles leased 3,215 SF at 1450 Broadway
• Bobby Van's Steakhouse leased 3,150 SF at 120 West 45th St
• Princi leased 2,864 SF at 1633 Broadway
• Satya Eastern Kitchen leased 2,700 SF at 750 Eighth Ave
• Dos Toros leased 2,600 SF at 114 West 41st Street
• Starbucks leased 2,600 SF at 1700 Broadway
• Chop?t Creative Salad Company leased 2,030 SF at 1285 Sixth Ave