Rent Office 32 East 31st Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| $ 46 | 2,000 |
$ 7,750 |
| $ 43 | 4,400 |
$ 15,766 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 851 |
| Interior office/person | $ 1350 | $ 800 | $ 601 |
| Team Rooms | $ 10100 | $ 8050 | $ 5101 |
| Suites | $ 20100 | $ 12050 | $ 7101 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 35th Street | Negotiable | 26,500 |
Negotiable |
| 5th Ave & Between East 30th Street | Negotiable | 19,400 |
Negotiable |
| Park Ave & East 34th Street | Negotiable | 11,600 |
Negotiable |
| Park Ave & East 32nd Street | Negotiable | 12,800 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 34th Street | Negotiable | 2,800 |
Negotiable |
| Park Ave S & East 31st Street | Negotiable | 2,500 |
Negotiable |
| Park Ave S & East 32nd Street | Negotiable | 4,000 |
Negotiable |
| Fifth Ave & East 36th Street | $ 34 | 4,400 |
$ 12,466 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 34th Street | Negotiable | 1,800 |
Negotiable |
| E 37th St & Between Tunnel Approach Street | Negotiable | 1,900 |
Negotiable |
| Park Ave S & East 31st Street | Negotiable | 1,900 |
Negotiable |
| Fifth Ave & East 36th Street | $ 51 | 2,400 |
$ 10,200 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 32nd St & Between 5th Avenue | Negotiable | 16,000 |
Negotiable |
| Fifth Ave & East 36th Street | $ 42 | 7,800 |
$ 27,300 |
| Park Ave S & East 32nd Street | Negotiable | 9,900 |
Negotiable |
| Madison Ave & East 31st Street | Negotiable | 15,000 |
Negotiable |
| Park Ave S & East 31st Street | Negotiable | 7,600 |
Negotiable |
| Madison Ave & East 33rd Street | $ 60 | 8,400 |
$ 41,650 |
| Lexington Ave & East 33rd Street | $ 46 | 8,300 |
$ 31,816 |
| Fifth Ave & East 37th Street | $ 50 | 11,000 |
$ 46,291 |
| E 34th St & Fifth Avenue | Negotiable | 19,100 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 32nd Street | $ 59 | 4,000 |
$ 19,666 |
| Madison Ave & East 31st Street | Negotiable | 5,000 |
Negotiable |
| Madison Ave & East 35th Street | Negotiable | 3,000 |
Negotiable |
| Park Ave S & East 31st Street | Negotiable | 5,200 |
Negotiable |
| E 38th St & Fifth Avenue | Negotiable | 5,200 |
Negotiable |
| Madison Ave & East 37th Street | $ 55 | 5,000 |
$ 22,916 |
| Lexington Ave & East 31st Street | Negotiable | 4,300 |
Negotiable |
| Madison Ave & East 33rd Street | $ 77 | 4,600 |
$ 29,516 |
| Lexington Ave & East 33rd Street | $ 46 | 3,100 |
$ 11,883 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 37th Street | $ 55 | 2,400 |
$ 11,000 |
| Fifth Ave & East 36th Street | $ 38 | 1,800 |
$ 5,700 |
| Fifth Ave & East 32nd Street | Negotiable | 2,200 |
Negotiable |
| Madison Ave & East 33rd Street | $ 57 | 2,300 |
$ 10,925 |
| Madison Ave & East 35th Street | $ 42 | 1,800 |
$ 6,225 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 33rd St & Madison Avenue | Negotiable | 13,000 |
Negotiable |
| E 32nd St & Park Avenue | Negotiable | 7,200 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 38th St & Fifth Avenue | Negotiable | 5,400 |
Negotiable |
| Fifth Ave & East 36th Street | Negotiable | 2,800 |
Negotiable |
| E 33rd St & Fifth Avenue | $ 56 | 3,000 |
$ 14,125 |
| E 32nd St & Between East 32nd Street | $ 49 | 5,500 |
$ 22,458 |
| E 33rd St & Madison Avenue | $ 48 | 4,100 |
$ 16,400 |
| E 31st St & Madison Avenue | $ 46 | 6,200 |
$ 23,766 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 33rd St & Madison Avenue | Negotiable | 2,400 |
Negotiable |
From a brokerage perspective, 32 East 31st Street represents a premier opportunity within the high-demand NoMad submarket, offering a strategic blend of historic architectural character and modern commercial utility. This boutique asset is perfectly positioned for tech, creative, or professional services firms looking to capitalize on proximity to Madison Square Park and exceptional transit connectivity via the 6-train and nearby transit hubs. Given the tightening vacancy rates in Manhattan’s midtown south corridor, this property stands out as a high-retention location with significant long-term value appreciation potential for tenants seeking a sophisticated NYC footprint.
Lease 32 East 31st Street
Rent 32 East 31st Street Property Overview
| Building Address: | 32 E 31st St, New York NY 10016 |
| Building Alternate Address: | 32 E 31st St |
| Zip Code: | 10016 |
| Neighborhood: | Murray Hill |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1914 |
| Building Class: | C |
| Block & lot: | 00860-0055 |
32 East 31st Street, located in the NoMad neighborhood of Manhattan, NYC, is a historic building that dates back to 1914. This commercial building features 12 stories and includes a mix of office and commercial spaces.
Key Features:
- Year Built: 1914
- Building Type: Office with Commercial (7-19 Stories)
- Number of Stories: 12
- Lot Size: 4,414 sqft
- Building Size: 49,995 sqft
Over the years, the building has undergone several alterations, with the most recent significant renovation recorded in 1987. It is classified under tax class as an office building with commercial elements, reflecting its utilization for both office and other commercial activities.
The building is valued at $8,094,000 according to the tax assessor's market value, and it generates an estimated annual property tax of approximately $357,715.
32 East 31st Street is an example of older architecture in the NoMad area, blending into the neighborhood's rich historical context.
32 East 31st Street
32 East 31st Street, Manhattan, NY 10016, USA
Neighborhood: NoMad / Kips Bay
Building Information:
- Year Built: 1914
- Stories: 12
- Units: 14 (Residential & Commercial mix)
- Building Class: Office with Commercial 7-19 Stories (O6)
- Total Building Size: Approximately 50,000 sq ft
- Lot Size: Approximately 4,414 sq ft
Property Type: Commercial and residential building
Features:
- Fireplace (in some residential units)
- Dishwasher
- Laundry Facilities
- Elevator
- Gated access
Access: 24-hour building access
Neighborhood Highlights: Located in the Kips Bay area, near East River, close to medical centers, with easy access to Midtown Manhattan and nearby parks such as Madison Square Park and Bryant Park.
32 East 31st Street Amenities
Building Amenities at 32 E 31st St, Manhattan, NYC
- 24/7 Access
- Attended Lobby
- Turnstile Entry
- Elevator Service
- Surface and Covered Parking
- Fitness Center with State-of-the-Art Equipment
- Live-in Super
- Private Dining Room with Full Catering Kitchen
- Extra Storage
- Bicycle Room
- Gated Entry
32 East 31st Street, Manhattan, NYC is a Class C office building with a rich history dating back to its construction in 1914. The building features commercial spaces and has undergone alterations as recently as 2024. However, specific details about current office tenants are not publicly disclosed. You can access more information about the property, including its ownership and tax details, through dedicated real estate platforms.
Internet at 32 East 31st Street
Internet Providers at 32 E 31st St, Manhattan, NYC:
- Spectrum: Offers cable internet with speeds up to 1 Gbps and starting prices at $30/mo.
- Verizon: Provides both fiber and 5G internet options, with speeds up to 2.3 Gbps and starting prices around $49.99/mo.
- Astound Broadband Powered by RCN: Offers both cable and fiber services, with speeds up to 1.5 Gbps and starting at $35/mo.
- Starry Internet: Fixed wireless internet with speeds up to 1 Gbps, starting at $45/mo.
32 East 31st Street Access
Transportation Near 32 E 31st St, Manhattan, NYC
32 E 31st Street is located in the Kips Bay/NoMad area of Manhattan with convenient access to multiple subway lines, buses, and nearby train stations.
Subway Lines
- 6, 6X (33rd Street station, approx. 0.2 mile walk)
- Q, W, N, R (34th Street - Herald Square, approx. 0.35 mile walk)
- 4, B, D, E, F (nearby at 34th Street - Herald Square)
Bus Routes
- BXM4
- M34A-SBS
- M55
- QM10, QM12
Nearby Bus Stops
- Madison Ave/E 31 St (2 min walk)
- Madison Av/E 30 St (2 min walk)
- Madison Ave/32nd St (2 min walk)
- Madison Av/E 29 St (3 min walk)
- Lexington Av/E 31 St (4 min walk)
Nearby Train Stations
- New York Penn Station (NJ Transit, Amtrak) - approx. 0.6 mile (10-13 min walk)
- Moynihan Train Hall at Penn Station - approx. 0.7 mile (13 min walk)
Cross Streets
32 East 31st Street is situated between Madison Avenue and Park Avenue South, with easy access to the following nearby cross streets:
- East 30th Street
- East 32nd Street
- East 29th Street
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.