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Rent/Lease Office 40 W 57th St

Lease Office 40 W 57th St

$ / SF SF Monthly Rent
$ 95
13,300
$ 105,291
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Sublease Office at 40 W 57th St

$ / SF SF Monthly Rent
$ 110
25,000
$ 230,208
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Avenue of the Americas & West 55th Street West 56th Street $ 63
7,300
$ 38,325
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 47,916
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
6,600
$ 46,750
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 76
2,200
$ 14,025
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of America $ 531
5,100
$ 225,675
Address $ / SF SF Monthly Rent
W 57th St & Avenue of America $ 532
2,300
$ 101,870
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
Fifth Ave & East 55th Street $ 157
19,300
$ 252,508
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Fifth Ave & East 46th Street $ 84
14,600
$ 102,200
Madison Ave & East 49th Street $ 79
18,900
$ 124,425
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 81
3,500
$ 23,625
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 73
1,900
$ 11,558
Avenue of the Americas & West 51th Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Fifth Ave & West 55th Street West 56th Street $ 165
2,300
$ 31,625
Address $ / SF SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
Address $ / SF SF Monthly Rent
Park Ave & East 59th Street $ 68
6,200
$ 35,391
Madison Ave & East 49th Street $ 56
3,400
$ 15,739
E 52nd St & Fifth Avenue $ 44
3,400
$ 12,466
W 57th St & Avenue of America $ 68
4,100
$ 23,404
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 59th St & Second Avenue $ 93
3,200
$ 24,880
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
Address $ / SF SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 30,766
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
E 59th St & Between 2nd Avenue $ 67
6,500
$ 36,291
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 40 W 57th St

Rent Retail 40 W 57th St

$ / SF SF Monthly Rent
Negotiable
2,100
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 40 W 57th St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 40 West 57th Street. This trend is projected to continue. Opportunities for subleases remain available at 40 West 57th Street and in the nearby Plaza District neighborhood.
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40 West 57th Street nyc
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40 West 57th Street Property Overview

Building Address: 40 W 57th St, New York NY 10019
Building Alternate Address: 40 W 57th St
Zip Code:10019
Neighborhood:Plaza District
Borough:Manhattan
Stories:36
Year Built:1972
Building Class:A
Block & lot:01272-0063

40 West 57th Street is a 34-story modernist/International-style office building in Manhattan, NYC. Completed in 1972, it was originally known as the Squibb Building and designed by Jack Brown. The building stands at 428 feet tall.

The pharmaceutical company Squibb occupied the building until 2002, after merging with Bristol-Myers in 1989. Between 2001 and 2002, Kohn Pederson Fox led a major renovation, which included rebuilding the tower podiums, renovating the pedestrian arcade connecting 56th and 57th Streets, reconfiguring the main lobby, and upgrading vertical transportation and security systems.

Along 57th Street, the building features a two-story arcade with retail storefronts, including a through-block pedestrian arcade and the restaurant Nobu 57.

40 W 57th St, Manhattan, NYC

Also known as:

  • Squibb Building
  • 43-55 W 56th St
  • 32-46 W 57th St

Property Details:

  • Year Built: 1972
  • Year Last Altered: 2008
  • Stories: 36
  • Building Type: Office
  • Neighborhood: Central Midtown

Location Highlights:

  • Located near Central Park
  • Prime business space in a burgeoning district
  • Home to elite financial services and asset management companies

40 West 57th Street offers several premium amenities:

  • Newly-renovated lobby
  • Tenant Lounge
  • Roof deck / Terrace
  • Conference Center
  • World-class dining at Nobu 57
  • On-site parking

Notable tenants at 40 W. 57th St. include:

  • HPS Investment Partners
  • Givaudan Fragrances
  • Access Industries
  • Nobu Group
  • Loro Piana
  • Lee Equity Partners
  • MHR Fund Management
  • Two Creeks Capital Management
  • Andalusian Sports Advisors

Internet Providers at 40 W 57th St, Manhattan, NYC

Residents at 40 W 57th St, Manhattan, have access to several top internet providers.

  • Verizon Fios: Known for its high speeds up to 2 Gbps and reliable service, Verizon Fios is a top choice if available.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data, though coverage may vary.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and is widely available in Manhattan.

40 W 57th St, Manhattan, NYC is conveniently located near several public transportation options. The nearest subway stations include 57 St and 57 St-7 Av, both just a 2-minute walk away. Other nearby subway lines are the 1, F, FX, N, R, W. For bus travel, the closest stops are W 57 St/6 Av and 6 Av/W 57 St, with routes including the BXM10, M31, M5, M7, Q32. Train options include the HARLEM, PATH, PORT WASHINGTON BRANCH lines.

The cross streets for this location are 5th Avenue and 6th Avenue, providing easy access to various parts of Manhattan.


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Why Optimal Spaces –
Tenant Broker

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  • 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

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  • 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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