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Rent/Lease Office 28-40 W 23rd St

$ / SF / Yr SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 14th St & Washington Street $ 92
7,900
$ 60,566
Address $ / SF / Yr SF Monthly Rent
Greene St & Between Canal Street $ 76
4,900
$ 31,033
Address $ / SF / Yr SF Monthly Rent
Broadway & East Houston Street $ 47.5
1,900
$ 7,520
Address $ / SF / Yr SF Monthly Rent
W 27th St & Avenue of the Americas $ 35
9,000
$ 26,250
W 23rd St & Avenue of the Americas $ 26.5
9,000
$ 19,875
W 26th St & Twelfth Avenue $ 65
18,300
$ 99,125
W 25th St & Eighth Avenue $ 40
17,500
$ 58,333
W 27th St & Between Sixth Avenue $ 42
7,100
$ 24,850
Address $ / SF / Yr SF Monthly Rent
W 27th St & Avenue of the Americas $ 32.78
5,500
$ 15,024
W 27th St & Seventh Avenue $ 38
3,100
$ 9,816
W 21st St & Avenue of the Americas $ 71
6,400
$ 37,866
Seventh Ave & West 28th Street $ 57
3,400
$ 16,150
W 22nd St & Between Sixth Avenue $ 39
4,300
$ 13,975
W 27th St & Between Sixth Avenue $ 45
5,000
$ 18,750
Address $ / SF / Yr SF Monthly Rent
W 27th St & Seventh Avenue $ 36
1,700
$ 5,100
W 26th St & Avenue of the Americas $ 79.96
2,000
$ 13,326
Seventh Ave & West 28th Street $ 43
2,300
$ 8,241
W 27th St & Avenue of the Americas $ 52
2,000
$ 8,666
W 30th St & Seventh Avenue $ 31.5
1,600
$ 4,200
Address $ / SF / Yr SF Monthly Rent
W 23rd St & Avenue of the Americas $ 39
7,800
$ 25,350
Address $ / SF / Yr SF Monthly Rent
W 19th St & Fifth Avenue $ 56
5,300
$ 24,733
W 23rd St & Avenue of the Americas $ 41.5
5,600
$ 19,366
W 27th St & Seventh Avenue $ 34.5
4,400
$ 12,650
W 26th St & Eleventh Avenue $ 33
4,000
$ 11,000
W 25th St & Seventh Avenue $ 38.5
4,900
$ 15,720
Fifth Ave & Between West 13th Street $ 45
2,500
$ 9,375
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 29th Street $ 40
1,600
$ 5,333
W 27th St & Seventh Avenue $ 35
1,800
$ 5,250
Fifth Ave & Between West 13th Street $ 45
2,000
$ 7,500
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
Seventh Ave & West 29th Street $ 87
7,800
$ 56,550
Fifth Ave & West 21st Street $ 80.5
15,000
$ 100,625
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 29th Street $ 51.5
5,100
$ 21,887
W 28th St & Between Seventh Avenue $ 100
2,600
$ 21,666
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 29th Street $ 53.5
2,400
$ 10,700
Broadway & West 27th Street $ 65
2,200
$ 11,916
Address $ / SF / Yr SF Monthly Rent
W 28th St & Eighth Avenue $ 56
12,800
$ 59,733
W 24th St & Avenue of the Americas $ 62
12,100
$ 62,516
Madison Square W & West 25th Street $ 47
12,500
$ 48,958
W 25th St & Avenue of the Americas $ 69.5
10,300
$ 59,654
W 21st St & Avenue of the Americas $ 56.5
13,100
$ 61,679
W 25th St & Eleventh Avenue $ 52.5
9,000
$ 39,375
Fifth Ave & West 18th Street $ 48.5
7,000
$ 28,291
W 24th St & Avenue of the Americas $ 54.5
7,300
$ 33,154
W 25th St & Seventh Avenue $ 37
8,000
$ 24,666
W 30th St & Seventh Avenue $ 34.5
7,700
$ 22,137
W 11th Ave & Between Sixth Avenue $ 59.5
10,400
$ 51,566
W 24th St & Between Sixth Avenue $ 67
20,400
$ 113,900
W 27th St & Tenth Avenue $ 51.5
7,500
$ 32,187
Address $ / SF / Yr SF Monthly Rent
W 28th St & Eighth Avenue $ 43
5,800
$ 20,783
W 29th St & Seventh Avenue $ 34.5
5,500
$ 15,812
W 27th St & Avenue of the Americas $ 40
5,000
$ 16,666
W 27th St & Eleventh Avenue $ 49
2,500
$ 10,208
Seventh Ave & West 28th Street $ 49
5,600
$ 22,866
W 20th St & Avenue of the Americas $ 41.5
4,000
$ 13,833
W 27th St & Avenue of the Americas $ 30
6,000
$ 15,000
W 21st St & Avenue of the Americas $ 65.5
2,500
$ 13,645
Address $ / SF / Yr SF Monthly Rent
W 27th St & Seventh Avenue $ 38.5
2,400
$ 7,700
W 20th St & Avenue of the Americas $ 43
1,800
$ 6,450
W 27th St & Avenue of the Americas $ 41.5
2,400
$ 8,300
W 21st St & Avenue of the Americas $ 66
1,600
$ 8,800
W 25th St & Eleventh Avenue $ 50.41
2,000
$ 8,401
Seventh Ave & West 30th Street $ 52.5
1,900
$ 8,312
Broadway & West 25th Street $ 58
2,000
$ 9,666
W 29th St & Avenue of the Americas $ 57
1,600
$ 7,600
Fifth Ave & East 30th Street $ 59.5
2,200
$ 10,908
W 30th St & Eighth Avenue $ 47
1,700
$ 6,658
Broadway & West 26th Street $ 73
2,400
$ 14,600
Address $ / SF / Yr SF Monthly Rent
W 26th St & Avenue of the Americas $ 31
9,300
$ 24,025
W 29th St & Seventh Avenue $ 38
7,000
$ 22,166
W 29th St & Eighth Avenue $ 40.5
8,600
$ 29,025
W 27th St & Avenue of the Americas $ 44
11,300
$ 41,433
W 20th St & Avenue of the Americas $ 57
11,100
$ 52,725
Address $ / SF / Yr SF Monthly Rent
W 30th St & Seventh Avenue $ 42
3,400
$ 11,900
W 19th St & Sixth Avenue $ 45
4,500
$ 16,875
Seventh Ave & West 29th Street $ 52
2,500
$ 10,833
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 29th Street $ 48
2,400
$ 9,600
W 29th St & Eighth Avenue $ 78.5
2,400
$ 15,700
W 29th St & Avenue of the Americas $ 36
2,100
$ 6,300
W 29th St & Seventh Avenue $ 36
1,800
$ 5,400
W 21st St & Avenue of the Americas $ 36
2,100
$ 6,300
W 22nd St & Fifth Avenue $ 48.5
2,100
$ 8,487
W 23rd St & Sixth Avenue $ 44
1,700
$ 6,233

Retail Spaces for Rent at 28-40 W 23rd St

Rent Retail 28-40 W 23rd St

Rent Medical Space at 28-40 W 23rd St

Office Tenants Rented / Leased 28-40 West 23rd Street
  • Estee Lauder leased 100,000 SF
  • AppNexus a Xander Comp… leased 219,114 SF
  • Aramis Inc leased 164,000 SF
Nearby Office Tenants Leased
  • Nielsen Holdings leased 43,529 SF at 675 Avenue of the Americas
  • Knotel leased 43,000 SF at 156 Fifth Avenue
  • Red Bull leased 42,000 SF at 218 West 18th St
  • Next Jump leased 41,300 SF at 512 West 22nd Street
  • WeWork leased 41,200 SF at 49 West 27th Street
  • Rockrose Development leased 41,000 SF at 300 Park Avenue South
  • P.C. Richard leased 40,000 SF at 53 West 23rd St
  • Capital One leased 40,000 SF at 114 Fifth Ave
  • Next Jump leased 38,346 SF at 261 Fifth Ave
  • Knotel leased 37,868 SF at 220 West 19th Street
Nearby Retail Tenants Leased
  • WeWork leased 7,460 SF at 902 Broadway
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • Humming Puppy leased 7,300 SF at 119 West 23rd Street
  • Union Square Play leased 7,000 SF at 36 East 18th Street
  • Wagamama leased 7,000 SF at 210 Fifth Avenue
  • BCBG Max Azria leased 6,700 SF at 168 Fifth Ave
  • Staples Copy & Print leased 6,600 SF at 330 Seventh Ave
  • New Balance leased 6,595 SF at 150 Fifth Ave
  • Ikea leased 6,500 SF at 159 West 25th St
  • Ricky's leased 6,000 SF at 1133 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 28-40 West 23rd Street. This trend is projected to continue. Opportunities for subleases remain available at 28-40 West 23rd Street and in the nearby Chelsea 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

28-40 West 23rd Street Property Overview

Building Address: 28-40 W 23rd St, New York NY 10010
Building Alternate Address: 28-40 W 23rd St
Zip Code:10010
Neighborhood:Chelsea
Borough:Manhattan
Stories:12
Year Built:1911
Building Class:B
Block & lot:00824-0028

28-40 West 23rd Street in Manhattan, NYC, is a historic building that once housed the renowned Stern Brothers Department Store. This iconic structure played a significant role in marking the beginning of the "Miracle Mile" in the early 20th century.

Originally constructed in stages starting from 1878, the building was part of the Stern Brothers' Dry Goods Store, which expanded over time to accommodate the growing need for space. By the turn of the century, Stern Brothers had enlarged the store twice, incorporating architecturally distinct wings on either side of the original structure.

In 1911, an annex was added to the complex, featuring monumental columns and ornate architectural details. However, Stern Brothers relocated to 42nd Street in 1913, and the building underwent significant renovations to serve as a loft and office space.

Today, the building boasts an art deco design and has undergone meticulous renovations, earning recognition for its restored cast iron façade. It combines historical elegance with modern sophistication, offering amenities like spacious floor plans, a soaring atrium, and brand-new roof terraces.

Nestled in the heart of Manhattan's Flatiron-Nomad District, the building provides proximity to major NYC landmarks and transportation hubs, making it an epicenter of possibility for modern workspaces.

28-40 West 23rd Street, located in the heart of Manhattan's Flatiron-Nomad District, is a historical gem that once served as the renowned Stern Brothers Department Store, marking the inception of the Miracle Mile. This art deco building underwent a meticulous restoration in the early 1980s, earning accolades for its preserved cast iron façade. The building features:

  • Location: Situated between Fifth Avenue and Avenue of the Americas.
  • Architecture: Award-winning restoration with a central covered atrium, fluted columns, and expansive windows.
  • Amenities: Three attended lobbies, new roof terraces, and proximity to major transportation hubs.
  • Historical Significance: A symbol of the district's modernization and architectural heritage.


Located in the heart of Manhattan's Flatiron-Nomad District, 28-40 West 23rd Street offers numerous amenities, including:

  • Restored Cast Iron Façade: This historic gem features a meticulously restored cast iron façade, blending historical charm with modern sophistication.
  • Indoor Atrium: A soaring indoor atrium enhances the interior with natural light and architectural beauty.
  • Brand New Roof Deck Amenity: Provides stunning views, perfect for relaxation and social gatherings.
  • Tailored Floor Plans: Large and spacious floor plans can be customized to meet specific business needs.
  • Three Attended Lobbies: Each entrance offers convenience and style.
  • 24-Hour Access: Ensures flexibility for tenants.
  • Proximity to Transportation Hubs: Easy access to major subway lines and bus routes.

28-40 West 23rd Street in Manhattan, NYC, is home to several prominent office tenants. Key tenants include:

  • Estee Lauder
  • Converse
  • The Home Depot
  • Knotel
  • Blue Apron
  • AppNexus
  • Ramp (automated financing platform)

Internet Providers Available at 28-40 W 23rd St, Manhattan, NYC:

Major providers include:

Spectrum - Offers up to 1,000 Mbps speeds.

Verizon - Provides fiber services with speeds up to 2,300 Mbps.

Optimum and RCN are also available options in the area.

STARRY Internet is highly rated for customer satisfaction.


28-40 W 23rd St, located in the heart of Manhattan's iconic Flatiron-Nomad District, offers convenient access to major transportation hubs. This historic art deco building is situated near several public transit options:

  • Bus: BXM4, M2, M23-SBS, M3, M7
  • Subway: 1, C, F, M, PATH
  • Train: BABYLON BRANCH, EMPIRE SERVICE, HARLEM, PORT WASHINGTON BRANCH, RONKONKOMA BRANCH

Key cross streets include 6th Avenue and 7th Avenue, with nearby landmarks like the Flatiron Building. For precise directions and schedules, using a transit app can be beneficial.

Office Tenants Rented / Leased 28-40 West 23rd Street
  • Estee Lauder leased 100,000 SF
  • AppNexus a Xander Comp… leased 219,114 SF
  • Aramis Inc leased 164,000 SF
Nearby Office Tenants Leased
  • Nielsen Holdings leased 43,529 SF at 675 Avenue of the Americas
  • Knotel leased 43,000 SF at 156 Fifth Avenue
  • Red Bull leased 42,000 SF at 218 West 18th St
  • Next Jump leased 41,300 SF at 512 West 22nd Street
  • WeWork leased 41,200 SF at 49 West 27th Street
  • Rockrose Development leased 41,000 SF at 300 Park Avenue South
  • P.C. Richard leased 40,000 SF at 53 West 23rd St
  • Capital One leased 40,000 SF at 114 Fifth Ave
  • Next Jump leased 38,346 SF at 261 Fifth Ave
  • Knotel leased 37,868 SF at 220 West 19th Street
Nearby Retail Tenants Leased
  • WeWork leased 7,460 SF at 902 Broadway
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • Humming Puppy leased 7,300 SF at 119 West 23rd Street
  • Union Square Play leased 7,000 SF at 36 East 18th Street
  • Wagamama leased 7,000 SF at 210 Fifth Avenue
  • BCBG Max Azria leased 6,700 SF at 168 Fifth Ave
  • Staples Copy & Print leased 6,600 SF at 330 Seventh Ave
  • New Balance leased 6,595 SF at 150 Fifth Ave
  • Ikea leased 6,500 SF at 159 West 25th St
  • Ricky's leased 6,000 SF at 1133 Broadway

Vaultus Professional Service Testimonial

Vaultus Professional Service testimonial To whom it may concern: I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space. The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent. I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely, Joseph J. Tutrone Vice President Vaultus Professional Service

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