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Rent/Lease Office 264 W 40th St

$ / SF / Yr SF Monthly Rent
$ 45

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Bryant Park & Sixth Avenue $ 60
14,000
$ 70,000
Penn Plaza & West 33rd Street $ 41.5
29,000
$ 100,291
Broadway & West 36th Street $ 48
11,700
$ 46,800
Address $ / SF / Yr SF Monthly Rent
Broadway & West 36th Street $ 55.5
3,200
$ 14,800
Broadway & West 41st Street $ 56.5
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 71
4,300
$ 25,441
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF / Yr SF Monthly Rent
W 40th St & Seventh Avenue $ 38
15,100
$ 47,816
W 37th St & Avenue of the Americas $ 34.5
10,200
$ 29,325
W 37th St & Sixth Avenue $ 33.5
11,400
$ 31,825
Broadway & West 37th Street $ 42
11,100
$ 38,850
Ninth Ave & West 34th Street $ 35
24,600
$ 71,750
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between Fifth Avenue $ 50
3,200
$ 13,333
W 37th St & Sixth Avenue $ 35
3,500
$ 10,208
Address $ / SF / Yr SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 46.5
2,200
$ 8,525
W 36th St & Between Eighth Avenue $ 38
1,600
$ 5,066
Address $ / SF / Yr SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eighth Avenue $ 33
7,800
$ 21,450
W 30th St & Fifth Avenue $ 30
7,100
$ 17,750
Address $ / SF / Yr SF Monthly Rent
Broadway & West 32nd Street $ 46.28
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Fifth Avenue $ 33
5,000
$ 13,750
Penn Plaza & West 30th Street $ 48
2,500
$ 10,000
W 36th St & Eighth Avenue $ 35.5
6,000
$ 17,750
W 35th St & Seventh Avenue $ 35.5
5,300
$ 15,679
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
Address $ / SF / Yr SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
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
Broadway & West 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of the Americas $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70.5
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56.5
17,600
$ 82,866
Ninth Ave & Between Dyer Avenue $ 128.5
9,400
$ 100,658
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between Seventh Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 65.5
4,600
$ 25,108
2 & West 31st Street $ 140.5
5,300
$ 62,054
W 40th St & Avenue of the Americas $ 73
2,900
$ 17,641
Fifth Ave & West 38th Street $ 61
3,800
$ 19,316
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
W 37th St & Between Fifth Avenue $ 62.5
3,200
$ 16,666
Broadway & West 37th Street $ 67.5
5,500
$ 30,937
Address $ / SF / Yr SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 67.5
2,300
$ 12,937
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of the Americas $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40.5
9,300
$ 31,387
7th Ave & Between Seventh Avenue $ 55.5
7,800
$ 36,075
Seventh Ave & West 35th Street $ 46.5
10,000
$ 38,750
Eighth Ave & West 36th Street $ 40.5
7,500
$ 25,312
Eighth Ave & Between Eighth Avenue $ 40
7,900
$ 26,333
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,666
Broadway & West 32nd Street $ 44
9,800
$ 35,933
W 38th St & Fifth Avenue $ 62
7,500
$ 38,750
Fifth Ave & West 34th Street $ 49
7,400
$ 30,216
Tenth Ave & West 37th Street $ 49.5
7,900
$ 32,587
W 33rd St & Fifth Avenue $ 40.5
7,100
$ 23,962
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF / Yr SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eighth Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between Eighth Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Eighth Avenue $ 35
1,600
$ 4,666
W 38th St & Fifth Avenue $ 35
2,200
$ 6,416
Seventh Ave & West 40th Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of the Americas $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 38th St & Eighth Avenue $ 35
2,000
$ 5,833
W 34th St & Avenue of the Americas $ 45
2,000
$ 7,500
7th Ave & Between Seventh Avenue $ 57
1,600
$ 7,600
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & Fifth Avenue $ 39
8,100
$ 26,325
W 35th St & Fifth Avenue $ 41.5
8,200
$ 28,358
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
Broadway & West 31st Street $ 50
7,700
$ 32,083
W 37th St & Eighth Avenue $ 46.5
10,000
$ 38,750
W 35th St & Broadway $ 36.5
7,700
$ 23,420
W 37th St & Avenue of the Americas $ 38.5
7,200
$ 23,100
W 36th St & Eighth Avenue $ 29.5
9,500
$ 23,354
W 36th St & Ninth Avenue $ 36.5
8,500
$ 25,854
Address $ / SF / Yr SF Monthly Rent
W 40th St & Eighth Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 44.5
2,600
$ 9,641
W 36th St & Between Broadway $ 33
6,000
$ 16,500
W 35th St & Seventh Avenue $ 36.5
4,400
$ 13,383
W 37th St & Ninth Avenue $ 40.39
4,600
$ 15,482
W 38th St & Fifth Avenue $ 39
2,700
$ 8,775
W 39th St & Fifth Avenue $ 43
6,500
$ 23,291
Address $ / SF / Yr SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 39th St & Eighth Avenue $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 35.5
2,300
$ 6,804

Retail Spaces for Rent at 264 W 40th St

Rent Retail 264 W 40th St

Rent Medical Space at 264 W 40th St

Office Tenants Rented / Leased 264 West 40th Street
  • Voyant Photonics leased 4,200 SF
  • Zignage leased 1,743 SF
  • U.S. Information Systems leased 5,760 SF
  • 264 leased 6,400 SF
  • Westfourth Architecture PC leased 636 SF
  • ROI Consulting Group leased 1,235 SF
  • BG Studio International leased 3,283 SF
  • Pierce Mattie Communicat… leased 2,400 SF
  • La Bottega leased 3,827 SF
  • MDM Worldwide Solutions leased 1,000 SF
Retail Tenants Rented / Leased 264 West 40th Street
  • Caffe Bene & Yorganic leased 1,250 SF
  • Verizon Wireless leased 1,665 SF
Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • 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
Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • 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
$ / 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 264 West 40th Street. This trend is projected to continue. Opportunities for subleases remain available at 264 West 40th Street and in the nearby Penn Plaza/Garment neighborhood.
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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

264 West 40th Street Property Overview

Building Address: 264 W 40th St, New York NY 10018
Building Alternate Address: 264 W 40th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:20
Year Built:1927
Building Class:B
Block & lot:00789-0075

264 W 40th St, Manhattan, NYC - History and Overview

264 West 40th Street, located in the heart of the Garment District in Manhattan, was built in 1927. The building stands out as a 20-story structure, reflecting a mix of historical and modern architectural elements. It has undergone significant renovations, including the installation of new elevators, HVAC systems, and windows, keeping its original charm intact.

The property is valued at $21,988,000 according to the tax assessor's market value. It was purchased for $2,050,000 in 2005. The building's design and location make it an ideal spot for businesses looking for a classic Midtown Manhattan address with easy access to major transportation hubs.

Surrounding the building are iconic locations such as Times Square, Port Authority Bus Terminal, and various dining and hotel establishments, contributing to its vibrant and connected urban environment.

264 West 40th Street, Manhattan, New York, NY 10018

Located in the heart of Midtown Manhattan's Garment District and Times Square area, 264 West 40th Street is a 20-story office building originally built in 1927 and extensively renovated, featuring approximately 120,000 square feet of Class B office space. The property spans a 0.15-acre lot with a building footprint of around 6,419 square feet.

Building Features

  • 20 stories with 61 commercial office units
  • Fully renovated including new elevators, HVAC, bathrooms, and windows
  • Attended modern lobby and high-speed blue light elevators
  • Tenant-controlled central HVAC system
  • Polished concrete floors with exposed beamed ceilings
  • Ample natural light from windows on four sides on full floors
  • Two usable outdoor terraces available on some office floors
  • 24/7 building access with lobby attendant and on-site property manager
  • Direct Con Edison metered electric power

Location Highlights

Situated directly across from the New York Times Building, 264 W 40th St offers premier access to a wide range of transit options including subway lines 1, 2, 3, 6, A, C, E, N, Q, R, S, B, D, F, M, J, and Z, as well as proximity to Penn Station, Port Authority Bus Terminal, and Grand Central Terminal. The property is within walking distance of Times Square and surrounded by major business, cultural, and dining destinations.

Neighborhood

The building is part of the Garment District, also known as Midtown South, a dynamic commercial hub featuring top fashion labels and media companies. It benefits from a Walk Score of 96 and a Transit Score of 100, making it a prime location for businesses in technology, advertising, media, and internet (TAMI) sectors.


Building Amenities at 264 W 40th St, Manhattan, NYC

  • Fully restored 20-story Jazz Age office building with Art Moderne attended lobby featuring rich marble, murals, and vaulted ceilings
  • Illuminated stepped façade with stunning night lighting
  • High-speed blue-lite glass elevators with stainless steel and glass finishes
  • Tenant-controlled central HVAC system with exposed brushed ductwork
  • Polished concrete floors and exposed beamed ceilings for a commercial loft aesthetic
  • Private outdoor terraces and roof decks available on office floors
  • WiredScore Gold-rated digital connectivity for superior internet infrastructure
  • 24/7 building access with lobby attendant and concierge services
  • Newly renovated building systems including elevators, HVAC, bathrooms, and windows
  • Fully wired building infrastructure with modernized electrical and mechanical systems
  • Generational family ownership ensuring consistent property management
  • Property manager on site
  • Convenient access to multiple major public transit lines (6, N, R, B, D, F, M, J, Z, A, C, E, 1, 2, 3, 7, Q, S, LIRR, NJ Transit, Amtrak, PATH)
  • Located in the Penn Station / Fashion District neighborhood, directly across from the New York Times Building

264 W 40th St, Manhattan, NYC

This building is a 20-story office complex located in the heart of Manhattan's Garment District, offering a strategic position for businesses. Built in 1927, it features an award-winning Art Moderne-style lobby and provides a classic Midtown address with easy access to public transit.

The property is surrounded by major transportation hubs like the Port Authority Bus Terminal and Times Square, making it an ideal location for business operations. Nearby amenities include hotels, restaurants, and cultural institutions, enhancing its suitability for various business types.

Neighborhood and Accessibility

  • Neighborhood: Garment District
  • Accessibility: Close proximity to Penn Station, Grand Central Terminal, and multiple subway lines

Building Features

  • Year Built: 1927
  • Building Class: B
  • Total Size: Approximately 120,000 SF
  • Lot Size: 0.15 Acre
  • Multi-Tenant Space: Available for diverse business needs

Tenant Amenities

  • High-Speed Elevators
  • Modern Lobby with Attendant
  • 24/7 Building Access
  • Natural Light and High Ceilings

  • Verizon: Fiber up to 2,300 Mbps
  • EarthLink: Fiber service available

264 W 40th St, Manhattan, NYC is strategically located with easy access to major transportation options. Nearby public transit includes:

  • Subway Lines: 1, 2, 3, 7, A, C, E, N, Q, R, S, B, D, F, M
  • Buses: 108, 160, BM2, BXM4, M42
  • Trains: PATH, Harlem Branch

Cross streets include:

  • 6th Avenue
  • 8th Avenue

The area offers convenient access to Penn Station, Grand Central Terminal, and Port Authority.

Office Tenants Rented / Leased 264 West 40th Street
  • Voyant Photonics leased 4,200 SF
  • Zignage leased 1,743 SF
  • U.S. Information Systems leased 5,760 SF
  • 264 leased 6,400 SF
  • Westfourth Architecture PC leased 636 SF
  • ROI Consulting Group leased 1,235 SF
  • BG Studio International leased 3,283 SF
  • Pierce Mattie Communicat… leased 2,400 SF
  • La Bottega leased 3,827 SF
  • MDM Worldwide Solutions leased 1,000 SF
Retail Tenants Rented / Leased 264 West 40th Street
  • Caffe Bene & Yorganic leased 1,250 SF
  • Verizon Wireless leased 1,665 SF
Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • 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
Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • 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

C2 Media Testimonial

C2 Media testimonial To Whom It May Concern: I would like to highly commend Robert King for his professional assistance in helping me locate a new corporate office. Locating the right space takes time, and I was impressed with Robert’s patience not only with myself but with my overseas executives. He never tired of our endless meetings and requests. We found a space we love. And in spite of us concluding our deal, Robert every so often comes by to chat and make sure all is going well professionably and personally. I enthusiastically recommend Robert and Optimal Spaces to anyone looking for space in New York City. Sincerely, Evelyn Pabon Product and Sales Manager C2 Inc. - Contempo Group

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