Expert Tenant Broker
We represent you, not the landlord
Rent/Lease Office 36-42 West 47th Street
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 46th St & Avenue of the Americas | $ 60 | 25,300 |
$ 126,500 |
| Fifth Ave & West 44th Street | $ 75 | 7,800 |
$ 48,750 |
| Times Sq & West 41st Street | $ 72.5 | 9,200 |
$ 55,583 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Avenue of the Americas & West 46th Street | $ 40.5 | 4,200 |
$ 14,175 |
| Fifth Ave & West 45th Street | $ 58 | 2,800 |
$ 13,533 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 45th St & Avenue of the Americas | $ 45 | 3,100 |
$ 11,625 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 45th St & Fifth Avenue | $ 50 | 1,900 |
$ 7,916 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| 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 |
|---|---|---|---|
| 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 | $ 71.5 | 27,500 |
$ 163,854 |
| Avenue of the Americas & West 43rd Street | $ 96 | 11,500 |
$ 92,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Avenue of the Americas & West 43rd Street | $ 90 | 4,700 |
$ 35,250 |
| W 45th St & Seventh Avenue | $ 71.5 | 3,100 |
$ 18,470 |
| Broadway & Eighth Avenue | $ 64 | 4,600 |
$ 24,533 |
| W 47th St & Avenue of the Americas | $ 68.5 | 4,500 |
$ 25,687 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Avenue of the Americas & West 43rd Street | $ 90 | 2,200 |
$ 16,500 |
| W 44th St & Fifth Avenue | $ 77 | 2,400 |
$ 15,400 |
| Avenue of the Americas & West 43rd Street | $ 85 | 1,500 |
$ 10,625 |
| W 47th St & Avenue of the Americas | $ 96 | 1,700 |
$ 13,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Avenue of the Americas & West 44th Street | $ 64.5 | 11,900 |
$ 63,962 |
| 7th Ave & West 40th Street | $ 36 | 9,500 |
$ 28,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Seventh Avenue | $ 43 | 2,500 |
$ 8,958 |
| W 44th St & Fifth Avenue | $ 48 | 4,500 |
$ 18,000 |
| W 41st St & Seventh Avenue | $ 50 | 2,900 |
$ 12,083 |
| W 45th St & Sixth Avenue | $ 36 | 4,400 |
$ 13,200 |
| W 45th St & Avenue of the Americas | $ 48.5 | 3,800 |
$ 15,358 |
| Broadway & Eighth Avenue | $ 64 | 4,500 |
$ 24,000 |
| 7th Ave & West 40th Street | $ 41 | 2,500 |
$ 8,541 |
| 7th Ave & West 48th Street | $ 47 | 5,600 |
$ 21,933 |
| W 45th St & Avenue of the Americas | $ 45 | 3,800 |
$ 14,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Seventh Avenue | $ 41 | 1,800 |
$ 6,150 |
| W 44th St & 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 |
| W 45th St & Avenue of the Americas | $ 47 | 2,000 |
$ 7,833 |
| Broadway & Eighth Avenue | $ 64 | 2,200 |
$ 11,733 |
| 7th Ave & West 40th Street | $ 37.5 | 2,200 |
$ 6,875 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Eleventh Ave & West 44th Street | $ 38.94 | 8,700 |
$ 28,231 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 45th St & Eleventh Avenue | $ 32 | 3,000 |
$ 8,000 |
| W 46th St & Between Seventh Avenue | $ 32.5 | 2,800 |
$ 7,583 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
Retail Spaces for Rent at 36-42 West 47th Street
Rent Retail 36-42 West 47th Street
Rent Medical Space at 36-42 West 47th Street
- WeWork leased 135,500 SF at 609 Fifth Avenue
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Katten leased 125,000 SF at 50 Rockefeller Plaza
- Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
- Indeed leased 125,000 SF at 1120 Avenue of the Americas
- Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
- Advance Publications leased 120,000 SF at 1166 Sixth Ave
- Gensler leased 119,414 SF at 1700 Broadway
- Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
- Convene leased 116,000 SF at 530 Fifth Avenue
- Wells Fargo leased 6,710 SF at 1407 Broadway
- Spot Experience leased 6,500 SF at 600 West 42nd St
- BenMoha Restaurant Group leased 6,400 SF at 1601 Broadway
- Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
- Sur La Table leased 6,174 SF at 300 West 57th St
- National Basketball Association leased 6,000 SF at 590 Fifth Ave
- Duane Reade leased 6,000 SF at 1290 Sixth Ave
- Chick-fil-A leased 5,450 SF at 1180 Avenue of the Americas
- Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
- Valerie leased 5,275 SF at 45 West 45th Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
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
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
- WeWork leased 135,500 SF at 609 Fifth Avenue
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Katten leased 125,000 SF at 50 Rockefeller Plaza
- Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
- Indeed leased 125,000 SF at 1120 Avenue of the Americas
- Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
- Advance Publications leased 120,000 SF at 1166 Sixth Ave
- Gensler leased 119,414 SF at 1700 Broadway
- Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
- Convene leased 116,000 SF at 530 Fifth Avenue
- Wells Fargo leased 6,710 SF at 1407 Broadway
- Spot Experience leased 6,500 SF at 600 West 42nd St
- BenMoha Restaurant Group leased 6,400 SF at 1601 Broadway
- Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
- Sur La Table leased 6,174 SF at 300 West 57th St
- National Basketball Association leased 6,000 SF at 590 Fifth Ave
- Duane Reade leased 6,000 SF at 1290 Sixth Ave
- Chick-fil-A leased 5,450 SF at 1180 Avenue of the Americas
- Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
- Valerie leased 5,275 SF at 45 West 45th Street
Nothing else matters Software Testimonial
To whom it may concern:
I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Donald H. Rutherford
CFO
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.