Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent/Lease Office 40 Rector St

$ / SF SF Monthly Rent
Negotiable
6,300
Negotiable
Negotiable
25,700
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Liberty Plz & Church Street $ 32
53,400
$ 142,400
Cortlandt St & Broadway $ 40
22,800
$ 76,000
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
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & Morris Street $ 48
22,400
$ 89,600
Broadway & Morris Street $ 50
12,900
$ 53,212
Greenwich St & Greenwich Street $ 68
7,200
$ 40,500
Cortlandt St & Broadway $ 56
10,800
$ 50,400
Broadway & Exchange Pl $ 50
11,500
$ 47,437
Address $ / SF SF Monthly Rent
Broadway & Cedar Street $ 52
2,600
$ 11,266
Broadway & Morris Street $ 58
3,000
$ 14,375
Church St & Between Barclay Street $ 48
4,700
$ 18,604
Greenwich St & Greenwich Street $ 69
6,600
$ 37,950
Broadway & Thames Street $ 54
6,800
$ 30,600
Cortlandt St & Broadway $ 58
5,300
$ 25,837
Address $ / SF SF Monthly Rent
Broadway & Cedar Street $ 52
1,900
$ 8,233
Broadway & Morris Street $ 58
1,700
$ 8,216
Address $ / SF SF Monthly Rent
Broadway & Battery Place $ 44
7,600
$ 27,866
Broadway & Exchange Alley $ 47
16,900
$ 66,191
Address $ / SF SF Monthly Rent
Broadway & Battery Place $ 48
2,900
$ 11,479
Broadway & Exchange Alley $ 48
2,700
$ 10,687
Address $ / SF SF Monthly Rent
Broadway & Battery Place $ 44
1,900
$ 6,887
Broadway & Exchange Alley $ 45
2,200
$ 8,250
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Trinity Pl & Between Edgar Street $ 26
2,400
$ 5,200

Retail Spaces for Rent at 40 Rector St

Rent Retail 40 Rector St

$ / SF SF Monthly Rent
$ 960
900
$ 72,000
$ 960
2,300
$ 184,000

Rent Medical Space at 40 Rector St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 40 Rector Street. This trend is projected to continue. Opportunities for subleases remain available at 40 Rector Street and in the nearby World Trade Center neighborhood.
Find My Space!
40 Rector Street nyc
Thank you! we will be in touch.

Before you go please fill:



Search all rental options at 40 Rector St

40 Rector Street Property Overview

Building Address: 40 Rector St, New York NY 10006
Building Alternate Address: 40 Rector St
Zip Code:10006
Neighborhood:World Trade Center
Borough:Manhattan
Stories:19
Year Built:1922
Building Class:B
Block & lot:00055-7501

40 Rector Street is an 18-story Renaissance Revival office building located in the Financial District of Manhattan, New York City. It was completed in 1920 and designed by the architectural firm Warren & Wetmore. Originally known as the Barrett Building, 40 Rector Street was constructed with a large, three-story rusticated stone base featuring stone-enframed windows and circular windows on the second story, along with double-height round-arched openings and a main entrance flanked by Doric columns on West Street.

The building was originally L-shaped, wrapping around several old tenement buildings on Washington Street, which were intended to be removed to create a small park preserving light for the east façade. However, after 1951, an addition was built on the site of these tenements, with a new facade that included a plain tan brick surface and square-headed windows, creating a contrast with the original architectural style. In 2001, a new entrance was designed for this section, featuring a patterned grey facade on the ground floor.

When it opened, 40 Rector Street faced the Hudson River waterfront. The subsequent development of Battery Park City on landfill pushed the shoreline back several hundred feet beginning in the late 1960s, altering its riverside location. The original building displays detailed limestone and brickwork, including limestone quoins, brick piers, a stone entablature, and a copper cornice crowning the structure. Upper floors are characterized by a loggia with stone pilasters and black metal spandrel panels dividing the windows vertically.

In the 1970s, the building's status declined as it transitioned from a prestigious address to providing back office space for various city agencies. More recently, 40 Rector Street has seen revitalization through the presence of prominent public service organizations such as the Metropolitan College of New York, The China Institute, Big Brothers Big Sisters, the NAACP, and the Urban Justice Center, reflecting its continuing role in the community.

40 Rector Street, Manhattan, New York, NY 10006

Located in the Financial District of Lower Manhattan, 40 Rector Street is a commercial building notable for its proximity to the redeveloped World Trade Center site and Brookfield Place.

Building Information

  • Year Built: 1921
  • Stories: 18
  • Total Building Area: 449,355 square feet
  • Lot Size: 30,080 square feet
  • Building Class: Special Condominium Billing Lot (R0)

Location and Surroundings

The building frontage includes Rector Place, Rector Street pedestrian overpass, Washington Street, and Rector Street itself (all narrow). The nearest wide street is West Street.

Transportation Access

  • Closest Subway Station: Greenwich St & Rector St at NW Corner (1 line), approximately 0.064 miles away
  • Nearby Bus Route: West St/Carlisle St (X10B), about 0.044 miles away

Property Profile

  • Commercial Units: 28
  • Community District: 1
  • School District: 2
  • FEMA Flood Zone: AE
  • Hurricane Evacuation Zone: 1

Recent Upgrades and Amenities

The 18th and 19th floors were gut-renovated, featuring first-class common areas designed by ENV Architects. A newly constructed private roof deck offers spectacular, unobstructed views of the Hudson River and Battery Park City. Other recent improvements include renovated dedicated elevators, an interconnecting staircase between floors, new bathrooms, high-quality finishes, and high ceilings with abundant natural light from windows on four sides.

Notable Tenants

Current prominent tenants include NAACP, Doctors Without Borders, Orthodox Union, Metropolitan College of NY, and Big Brothers Big Sisters of NYC.


Amenities at 40 Rector Street, Manhattan, NYC

  • Large roof deck providing outdoor space
  • Indoor amenity area for tenant use
  • 24-hour access to the building
  • Atrium space enhancing natural light and aesthetics
  • On-site property management
  • Upgraded dedicated elevators
  • Interconnecting, code-compliant staircase between floors
  • Modern HVAC systems for efficient climate control
  • Updated electrical systems with high-capacity wiring and advanced lighting fixtures
  • Newly renovated plumbing infrastructure with high-quality fixtures
  • High ceilings and windows on all four sides for abundant natural light and views including the Hudson River and Downtown Skyline
  • Refreshed common corridors

40 Rector Street in Manhattan, NYC, is an office condominium featuring a diverse tenant roster. Prominent tenants include:

  • NAACP
  • Doctors Without Borders
  • Orthodox Union
  • Metropolitan College of New York
  • Big Brothers Big Sisters of NYC
  • New York City Police Department

The building offers proximity to major subway lines, the World Trade Center, and Brookfield Place, providing excellent connectivity for tenants.


Internet Providers at 40 Rector St, Manhattan, NYC

Residents and businesses at 40 Rector Street have access to several major internet providers known for coverage and service quality in Lower Manhattan:

  • Verizon Fios: Offering fiber-optic internet with speeds starting at 300 Mbps and up to 2 Gbps. Verizon Fios is widely praised for its fast, symmetrical speeds and reliable service. It covers the majority of Manhattan including Lower Manhattan areas near 40 Rector St.
  • Astound Broadband (formerly RCN): Provides both cable and fiber internet options, known for competitive pricing and unlimited data usage. Its fiber network has expanded extensively in Manhattan and includes cable coverage nearly everywhere downtown.
  • Spectrum: A ubiquitous cable and fiber provider available throughout Manhattan with plans reaching up to 1 Gbps. Spectrum is a common fallback option if fiber is not available at specific addresses.
  • Prometheus Communications: A local New York-based provider noted for offering internet services to residential and commercial clients, including at 40 Rector St.

These providers offer a variety of connection types such as fiber, cable, and in some cases fixed wireless or satellite, focusing mainly on fiber and cable for this location to ensure high-speed and reliable internet connectivity.


40 Rector St, Manhattan, NYC - Transportation and Cross Streets

Address: 40 Rector St, New York, NY 10006

Nearby Subway Stations

  • Broad St (1 min walk)
  • Cortlandt St (2 min walk)
  • Wall St (2 min walk)
  • Rector St (4 min walk)

Subway Lines Serving the Area

1, 4, R, W, J, Z, N, Q, 5 lines

Bus Routes Near 40 Rector St

BXM18, M15-SBS, M20, M55, X28, SIM7, SIM9, SIM33, 404

Nearby Bus Stops

  • West St/Carlisle St (2 min walk)
  • Trinity Pl & Exchange Alley (3 min walk)
  • New York - Trinity Pl @ Rector & Thames Sts (Southbound) (3 min walk)
  • Trinity Pl 204's Of Rector & Thames Sts (Pedestrian Bridge) (3 min walk)
  • Hugh Carey Tunnel/West St (Non-Public, 3 min walk)
  • Bbt/West St (3 min walk)
  • Trinity Pl. Between Rector & Thames St. (3 min walk)
  • West St/Morris St (4 min walk)
  • Trinity Pl/Thames St (4 min walk)
  • Trinity Pl/Rector St (4 min walk)
  • Battery Pl & Third Pl (4 min walk)
  • W Thames St/South End Av (5 min walk)

Cross Streets

Located near the intersection of Rector Street and Trinity Place, close to Thames Street and West Street.


TPG Rewards Testimonial

TPG Rewards testimonial
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

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.
Find My Space!