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Rent/Lease Office 40 Exchange Pl

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Maiden Ln & Front Street $ 63
10,000
$ 52,500
Wall St & Broads Street $ 29
8,000
$ 19,333
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
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 $ 1517 $ 775
Interior office/person $ 1350 $ 1017 $ 525
Team Rooms $ 10100 $ 8267 $ 5025
Suites $ 20100 $ 12267 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Whitehall St & Bridge Street $ 66
16,900
$ 93,654
Broad St & South William Street $ 44
17,200
$ 62,350
Pine St & Water Street $ 56
22,200
$ 102,675
Wall St & Broadway $ 44
16,000
$ 58,666
Broadway & Beaver Street $ 56
11,300
$ 52,262
Broadway & Pine Street and Cedar Street $ 60
7,800
$ 38,675
Address $ / SF SF Monthly Rent
Broadway & Pine Street and Cedar Street $ 58
5,600
$ 27,066
Pine St & Water Street $ 51
6,400
$ 27,200
Broad St & South William Street $ 44
5,700
$ 21,137
Wall St & Broadway $ 44
4,900
$ 17,966
Whitehall St & Bridge Street $ 57
6,100
$ 28,975
Broadway & Beaver Street $ 49
4,400
$ 17,966
Address $ / SF SF Monthly Rent
Broadway & Pine Street and Cedar Street $ 58
2,200
$ 10,633
Broad St & South William Street $ 46
2,100
$ 7,962
Pine St & Water Street $ 68
2,200
$ 12,558
Wall St & Broadway $ 48
1,700
$ 6,800
Broadway & Beaver Street $ 52
2,500
$ 10,729
Address $ / SF SF Monthly Rent
Maiden Ln & William Street $ 50
23,400
$ 98,475
Broad St & Market Field $ 56
10,500
$ 49,437
Maiden Ln & William Street $ 45
7,700
$ 28,875
Broad St & Exchange Place $ 48
13,200
$ 52,250
Exchange Pl & Broad Street $ 42
8,600
$ 30,100
Address $ / SF SF Monthly Rent
Wall St & William Street $ 48
3,300
$ 13,062
Broad St & Exchange Place $ 48
3,800
$ 15,041
William St & Pine Street $ 30
4,000
$ 9,833
Maiden Ln & William Street $ 48
6,500
$ 25,729
Broad St & Market Field $ 46
4,400
$ 16,683
Broad St & Stone Street $ 46
3,100
$ 12,012
Exchange Pl & Broad Street $ 42
2,700
$ 9,450
Address $ / SF SF Monthly Rent
Wall St & William Street $ 45
2,400
$ 9,000
Maiden Ln & William Street $ 44
1,900
$ 6,973
Broad St & Exchange Place $ 46
2,400
$ 9,100
Broad St & Stone Street $ 44
2,300
$ 8,337
Address $ / SF SF Monthly Rent
Broadway & Beaver Street and Exchange Place $ 45
7,000
$ 26,250
Broadway & Exchange Place $ 43
8,000
$ 28,666
Address $ / SF SF Monthly Rent
Broadway & Exchange Place $ 42
2,700
$ 9,450
Hanover Sq & Beaver Street and Pearl Street $ 33
3,800
$ 10,450
Broadway & Beaver Street and Exchange Place $ 46
3,500
$ 13,416
Address $ / SF SF Monthly Rent
Broadway & Beaver Street and Exchange Place $ 40
2,000
$ 6,666
Broadway & Exchange Place $ 42
2,000
$ 7,000
Hanover Sq & Beaver Street and Pearl Street $ 36
2,100
$ 6,387

Retail Spaces for Rent at 40 Exchange Pl

Rent Medical Space at 40 Exchange Pl

Office Tenants Rented / Leased 40 Exchange Place
  • Maiden Capital Source leased 1,800 SF
  • S.I.T.C. Corp. leased 5,200 SF
  • Horizon Business Funding Group LLC leased 5,200 SF
  • Tele-automation Corp. leased 4,200 SF
  • Terramor Inc. leased 7,200 SF
  • Evan Jaffee, Ellman Realty leased 7,200 SF
  • TRS Inc. Professional Suites leased 7,200 SF
  • ECM Acquisitions leased 5,200 SF
  • Infinite Solutions Training Corp. leased 5,200 SF
  • Red Ten NYC leased 5,200 SF
Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • Niche Media leased 45,000 SF at 100 Church St
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 40 Exchange Place. This trend is projected to continue. Opportunities for subleases remain available at 40 Exchange Place and in the nearby Financial District neighborhood.
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40 Exchange Place Property Overview

Building Address: 40 Exchange Pl, New York NY 10005
Building Name: Lords Court Building
Building Alternate Address: 40 Exchange pl
Zip Code:10005
Neighborhood:Financial District
Borough:Manhattan
Stories:20
Year Built:1893
Building Class:B
Block & lot:00025-0027

40 Exchange Place, formerly known as the Lord's Court Building, was completed in 1893 by the architect John Townsend Williams. However, there are slight discrepancies in the reported completion year, with some sources indicating 1896 or 1902 for aspects of its construction or expansion.

The building is historically significant as it served as the headquarters for the New York Stock Exchange from 1856 to 1865. It is located at the corner of Exchange Place and William Street in the heart of Lower Manhattan's Financial District.

Originally built as a speculative office tower, the structure was one of the earliest in its kind. Over the years, it underwent significant transformations; by 1902, it was expanded to its current 20-story height.

In 2015, a joint venture between Newmark Holdings (now GFP Real Estate) and Northwind Group acquired the building for $114.5 million. This marked the beginning of a major renovation and redevelopment effort, transforming it into a modern hub for innovation with state-of-the-art facilities.

The building's recent renovations included updates to the lobby, elevators, restrooms, and mechanical systems in 2017, further enhancing its appeal as a contemporary workspace.

40 Exchange Place, known historically as the Lord's Court Building, is located in the Financial District of Lower Manhattan. It was originally completed in 1893 by architect John Townsend Williams, though different sources offer varying completion dates ranging from 1896 to 1931. The building is a significant landmark, previously serving as the headquarters for the New York Stock Exchange from 1856 to 1865. It stands as a 20-story structure and has been renovated to serve as a modern hub for innovation in the heart of New York City.

The building offers a rich blend of history and modernity, with features that include high ceilings, natural wood floors, and repurposed authentic details. It enjoys strategic proximity to Wall Street and major transportation hubs, providing excellent connectivity for its tenants. As a testament to its enduring legacy, 40 Exchange Place continues to thrive as a preferred address for businesses seeking prestige and success.


Building Amenities at 40 Exchange Place, Manhattan, NYC

40 Exchange Place is a historic 20-story office building renovated to provide a modern, state-of-the-art workplace environment in the heart of Lower Manhattan’s Financial District.

  • Newly renovated lobby, elevators, common corridors, and restrooms with a contemporary design
  • 24/7 tenant-controlled air cooled central air conditioning units within each tenant space
  • Steam heating provided by perimeter cast iron radiators throughout the building during heating season
  • Operable double-hung aluminum framed windows for natural ventilation
  • Six newly renovated passenger elevators plus one freight elevator to service all floors
  • 24/7 attended lobby with advanced building access and security monitoring including turnstile systems and key card access
  • Fully addressable, centrally monitored Class E fire alarm system with building-wide sprinkler protection
  • Steel framing structure with masonry, limestone and brick façade featuring terracotta flat arch floors
  • Typical floor size approximately 15,000 rentable square feet with 13-foot slab-to-slab ceiling heights
  • Electrical capacity compliant with New York Energy Code, capable of providing up to 6 watts per rentable square foot exclusive of HVAC
  • Cleaning services provided by landlord Monday through Friday for common areas
  • Available storage space on-site
  • Location benefits from extensive transportation connections including Broad Street (J, Z), Wall Street (2, 3, 4, 5), Rector Street (1, N, R, W), PATH at World Trade Center, and ferry terminals
  • Building qualifies for Lower Manhattan municipal incentives

40 Exchange Place, located in the heart of Manhattan's Financial District, is a historic 20-story building that has been renovated and reimagined as a state-of-the-art workplace. Originally built in 1893, it offers various office spaces ranging from 1,000 to 15,000 square feet, providing flexible and efficient layouts for tenants. The building features high-end pre-built offices with modern amenities such as high ceilings, natural wood floors, and brushed metal accents. It is a hub for innovation, offering a prime location with proximity to major financial institutions and excellent transportation connections.


Internet Providers at 40 Exchange Pl, Manhattan, NYC:

  • Verizon New York: Fiber, Max Download Speed - 1 Gb/s, Max Upload Speed - 25 Mb/s
  • Lightower: Fiber, Max Download Speed - 10 Gb/s, Max Upload Speed - 10 Gb/s
  • Level 3 Communications: Fiber, Max Download Speed - 10 Gb/s, Max Upload Speed - 10 Gb/s
  • Cablevision/Lightpath: Fiber, Max Download Speed - 10 Gb/s, Max Upload Speed - 10 Gb/s
  • Cogent Communications: Fiber, Max Download Speed - 10 Gb/s, Max Upload Speed - 10 Gb/s

40 Exchange Place, Manhattan, NYC

Location and Cross Streets

40 Exchange Place is located in the heart of Manhattan’s Financial District, New York City. It is situated near the intersection of Exchange Place and Hanover Street, just steps away from Wall Street and adjacent to the Stone Street Historic District and Hanover Square Park.

Transportation

40 Exchange Place offers world-class public transportation access, making it a rider's paradise with numerous subway lines and bus routes within a short walking distance.

Subway Lines Nearby

  • J Nassau St Local – approximately 0.1 miles away (Broad St station)
  • Z Nassau St Express – approximately 0.1 miles away (Broad St station)
  • 3 and 7 Avenue Express – approximately 0.1 miles away
  • 2 and 7 Avenue Express – approximately 0.1 miles away
  • 4 and 5 Lexington Avenue Express – approximately 0.2 miles away
  • R Broadway Local – approximately 0.2 miles away
  • 1 Broadway - 7 Avenue Local – approximately 0.2 miles away
  • N Broadway Local – approximately 0.2 miles away
  • W Broadway Local – approximately 0.2 miles away

Bus Lines Nearby

  • M15 East Harlem - South Ferry
  • QM7 Fresh Meadows - Downtown
  • QM8 Glen Oaks - Downtown
  • QM11 Forest Hills - Downtown
  • QM25 Glendale - Downtown
  • M15-SBS East Harlem - South Ferry
  • 120
  • SIM1C Eltingville - Manhattan Express
  • SIM3C Pt. Richmond - Manhattan Express
  • SIM1 Eltingville - Lower Manhattan Express

Additional Transit Details

40 Exchange Place is within walking distance of major transportation hubs and PATH stations, with easy connections to NJ Transit and other regional transit options. The location facilitates seamless commuting throughout Lower Manhattan and the greater New York metropolitan area.

Office Tenants Rented / Leased 40 Exchange Place
  • Maiden Capital Source leased 1,800 SF
  • S.I.T.C. Corp. leased 5,200 SF
  • Horizon Business Funding Group LLC leased 5,200 SF
  • Tele-automation Corp. leased 4,200 SF
  • Terramor Inc. leased 7,200 SF
  • Evan Jaffee, Ellman Realty leased 7,200 SF
  • TRS Inc. Professional Suites leased 7,200 SF
  • ECM Acquisitions leased 5,200 SF
  • Infinite Solutions Training Corp. leased 5,200 SF
  • Red Ten NYC leased 5,200 SF

Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • Niche Media leased 45,000 SF at 100 Church St
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
Office Tenants Rented / Leased 40 Exchange Place
  • Maiden Capital Source leased 1,800 SF
  • S.I.T.C. Corp. leased 5,200 SF
  • Horizon Business Funding Group LLC leased 5,200 SF
  • Tele-automation Corp. leased 4,200 SF
  • Terramor Inc. leased 7,200 SF
  • Evan Jaffee, Ellman Realty leased 7,200 SF
  • TRS Inc. Professional Suites leased 7,200 SF
  • ECM Acquisitions leased 5,200 SF
  • Infinite Solutions Training Corp. leased 5,200 SF
  • Red Ten NYC leased 5,200 SF
Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • Niche Media leased 45,000 SF at 100 Church St
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl

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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
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Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
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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