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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
$ 111
25,000
$ 231,250
$ / 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 $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
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 $ 531
2,300
$ 101,775
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 $ 158
19,300
$ 253,312
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 $ 80
3,500
$ 23,187
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
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF SF Monthly Rent
Park Ave & East 59th Street $ 70
6,200
$ 35,908
Madison Ave & East 49th Street $ 56
3,400
$ 15,739
E 52nd St & Fifth Avenue $ 42
3,400
$ 12,041
W 57th St & Avenue of America $ 68
4,100
$ 23,233
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 59th St & Madison Avenue $ 171
4,600
$ 65,550
E 61st St & Barclay Street $ 61
2,500
$ 12,708
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
Park Ave & East 59th Street $ 65
2,100
$ 11,375
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
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 31,062
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
E 59th St & Between 2nd Avenue $ 66
6,500
$ 35,479
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

Office Tenants Rented / Leased 40 West 57th Street
  • PointState Capital leased 30,431 SF
  • Access Industries leased 25,000 SF
  • Duquesne Fund Services leased 5,535 SF
  • Darsana Capital leased 7,250 SF
  • Elliott Associates leased 75,000 SF
  • AlixPartners leased 63,000 SF
  • Highbridge Capital Management leased 109,000 SF
  • Taconic Capital Advisors LP leased 50,000 SF
  • VF Sportswear leased 168,000 SF
  • Sandell Asset Management leased 24,000 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • 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
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
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.

Office Tenants Rented / Leased 40 West 57th Street
  • PointState Capital leased 30,431 SF
  • Access Industries leased 25,000 SF
  • Duquesne Fund Services leased 5,535 SF
  • Darsana Capital leased 7,250 SF
  • Elliott Associates leased 75,000 SF
  • AlixPartners leased 63,000 SF
  • Highbridge Capital Management leased 109,000 SF
  • Taconic Capital Advisors LP leased 50,000 SF
  • VF Sportswear leased 168,000 SF
  • Sandell Asset Management leased 24,000 SF

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • 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
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Office Tenants Rented / Leased 40 West 57th Street
  • PointState Capital leased 30,431 SF
  • Access Industries leased 25,000 SF
  • Duquesne Fund Services leased 5,535 SF
  • Darsana Capital leased 7,250 SF
  • Elliott Associates leased 75,000 SF
  • AlixPartners leased 63,000 SF
  • Highbridge Capital Management leased 109,000 SF
  • Taconic Capital Advisors LP leased 50,000 SF
  • VF Sportswear leased 168,000 SF
  • Sandell Asset Management leased 24,000 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • 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
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza

Argent Trading Testimonial

Argent Trading testimonial To Whom it May Concern: I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional space. However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships. I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again. Sincerely, William Levitz President Argent Trading, LLC
🤝
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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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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