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Rent/Lease Office 36-42 West 47th Street

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 46th St & Avenue of the Americas $ 60
25,300
$ 126,500
Fifth Ave & West 44th Street $ 76
7,800
$ 49,725
Times Sq & West 41st Street $ 71
9,200
$ 54,433
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 46th Street $ 40
4,200
$ 14,175
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Avenue of the Americas $ 45
3,100
$ 11,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 2255 $ 775
Interior office/person $ 1350 $ 1755 $ 525
Team Rooms $ 10100 $ 9005 $ 5025
Suites $ 20100 $ 13005 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & West 44th Street $ 75
15,100
$ 94,375
Fifth Ave & West 42nd Street $ 125
8,800
$ 91,666
Avenue of the Americas & West 46th Street $ 70
27,500
$ 161,562
Avenue of the Americas & West 43rd Street $ 96
11,500
$ 91,520
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 90
4,700
$ 35,250
W 45th St & Seventh Avenue $ 72
3,100
$ 18,729
Broadway & Eighth Avenue $ 64
4,600
$ 24,533
W 47th St & Avenue of the Americas $ 70
4,500
$ 26,062
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 90
2,200
$ 16,500
Avenue of the Americas & West 43rd Street $ 85
1,500
$ 10,625
Address $ / SF SF Monthly Rent
7th Ave & West 40th Street $ 36
9,500
$ 28,500
Address $ / SF SF Monthly Rent
Broadway & Seventh Avenue $ 43
2,500
$ 8,958
W 44th St & Thirty Fifth Avenue $ 48
4,500
$ 18,000
W 41st St & Seventh Avenue $ 50
2,900
$ 12,083
W 45th St & Sixth Avenue $ 37
4,400
$ 13,566
Broadway & Eighth Avenue $ 64
4,500
$ 24,000
W 44th St & Avenue of the Americas $ 45
4,400
$ 16,500
7th Ave & West 40th Street $ 42
2,500
$ 8,750
7th Ave & West 48th Street $ 47
5,600
$ 21,933
W 45th St & Avenue of the Americas $ 45
3,800
$ 14,250
Address $ / SF SF Monthly Rent
Broadway & Seventh Avenue $ 41
1,800
$ 6,150
W 44th St & Thirty Fifth Avenue $ 48
2,000
$ 8,000
Times Sq & Seventh Avenue $ 58
1,900
$ 9,183
W 45th St & Sixth Avenue $ 42
2,400
$ 8,400
Broadway & Eighth Avenue $ 64
2,200
$ 11,733
7th Ave & West 40th Street $ 38
2,200
$ 6,875
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Eleventh Avenue $ 32
3,000
$ 8,000
W 46th St & Between 7th Avenue $ 34
2,800
$ 7,816
Address $ / SF SF Monthly Rent

Retail Spaces for Rent at 36-42 West 47th Street

Rent Medical Space at 36-42 West 47th Street

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 36-42 West 47th Street. This trend is projected to continue. Opportunities for subleases remain available at 36-42 West 47th Street and in the nearby Times Square neighborhood.
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36-42 West 47th Street Property Overview

Building Address: 36-42 West 47th Street, New York NY 10036
Building Alternate Address: 36-42 W 47th St
Zip Code:10036
Neighborhood:Times Square
Borough:Manhattan
Stories:16
Year Built:1924
Building Class:B

The Diamond Center of America, located at 36-42 West 47th Street, is a landmark building in Manhattan's Diamond District. Originally built in 1924, the structure has remained a significant hub for the jewelry industry. The building spans 16 stories and offers a mix of office and retail space, with approximately 91,000 square feet of office space and 7,000 square feet of retail space . Over the years, the property has seen various developments. In 1985, it underwent significant alterations . The building's proximity to the International Gem Tower at 50 West 47th Street highlights its strategic position within the Diamond District . The area around 47th Street, also known as Diamond Jewelry Way, has historically been a center for the diamond trade, attracting numerous international dealers and traders since the early 20th century .

36-42 West 47th Street, Manhattan, NYC is also known as the Diamond Center of America. This 16-story building was constructed in 1924 and is located in the heart of New York's Diamond District. The building serves as a significant commercial site, housing numerous jewelry merchants and businesses.

The Diamond Center of America is characterized by its unique blend of office and retail space, totaling nearly 98,000 square feet. It offers proximity to major transportation hubs and other notable commercial developments like the International Gem Tower.

The building's address is often referenced interchangeably as 36-42 W 47th St and 36 West 47th Street, with the postal code being 10036. The property falls within the Special Midtown District zoning area, allowing for flexibility in use and redevelopment opportunities.


36-42 West 47th Street, Manhattan, New York City offers the following building amenities:

  • Located in the Diamond District, home to top jewelry merchants worldwide.
  • Bus and metro/subway access for easy transportation.
  • Proximity to prominent NYC landmarks like Times Square and the New York Public Library.
  • Strategic location within the Special Midtown District, allowing flexibility for potential redevelopment.

36-42 West 47th Street, located in Manhattan's Diamond District, is a 16-story building constructed in 1924. The property primarily hosts tenants from the jewelry industry, including some of the world's top jewelry merchants. Major tenants include the Diamond Exchange of America. The building is fully occupied and offers a mix of office and retail spaces.


At 36-42 West 47th Street, Manhattan, NYC, available internet providers include:

  • Verizon: Offers fiber service with speeds up to 2,300 Mbps.
  • Spectrum: Provides internet services with speeds up to 1,000 Mbps.

36-42 West 47th Street is located in Manhattan, NYC, within the Times Square area. The nearest cross streets include Sixth Avenue (Avenue of the Americas) and Fifth Avenue. This location is easily accessible via multiple public transportation options:

Subway: The closest subway stations are 47-50 Streets–Rockefeller Center (served by B, D, F, and M trains) and others like 49 St and 50 St.

Bus: Nearby bus stops are served by routes such as M5, M7, M50, BM2, BM3, BM4, and BXM4.

Train: Accessible via the Babylon Branch, Harlem Line, and PATH trains.

Address: 36-42 West 47th Street, New York, NY 10036


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Why Optimal Spaces –
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Alone or with other broker

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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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