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Rent/Lease Office 40 W 57th St, New York, NY

Lease Office 40 W 57th St

$ / SF / Yr SF Monthly Rent
$ 95

Rent Sublease Office at 40 W 57th St

$ / SF / Yr SF Monthly Rent
$ 111

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 55th Street $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
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
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF / Yr SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street $ 62
6,200
$ 32,033
Fifth Ave & West 52nd Street $ 78
4,400
$ 28,600
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 76.5
2,200
$ 14,025
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of the Americas Negotiable
5,100
Negotiable
Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas Negotiable
2,300
Negotiable
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 & East 55th Street $ 157.5
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 / Yr SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 79.5
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 / Yr 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 51st 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
Address $ / SF / Yr 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 / Yr SF Monthly Rent
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
Madison Ave & East 49th Street $ 55.55
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
W 57th St & Avenue of the Americas $ 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
3,200
$ 24,880
E 61st St & Second Avenue $ 61
2,500
$ 12,708
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
Address $ / SF / Yr SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44.5
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 $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of the Americas $ 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 / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 52.5
7,100
$ 31,062
Address $ / SF / Yr SF Monthly Rent
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
Address $ / SF / Yr 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 / Yr SF Monthly Rent
Negotiable
Office Tenants Rented / Leased 40 West 57th Street
  • Givaudan Flavors Corpora… leased 50,000 SF
  • Witkoff leased 13,500 SF
  • Darsana Capital Partners leased 11,500 SF
  • Roc Lending leased 4,250 SF
  • Three Wall Capital LLC leased 6,950 SF
  • Hale and Hearty Soups leased 1,809 SF
  • Cantillon Capital Manage… leased 500 SF
  • Atlas Capital Group LLC leased 10,586 SF
  • Atria leased 14,231 SF
  • Blue Owl Capital Inc leased 500 SF
Nearby Office Tenants Leased
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
  • Baker Hostetler leased 84,000 SF at 45 Rockefeller Plaza
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
$ / SF SF Monthly Rent
Please notify me when a new space is available
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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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 a 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

40 West 57th Street, New York, NY Property Overview

Building Address: 40 W 57th St, New York NY 10019
Building Alternate Address: 40 W 57th St, New York, NY
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
  • Givaudan Flavors Corpora… leased 50,000 SF
  • Witkoff leased 13,500 SF
  • Darsana Capital Partners leased 11,500 SF
  • Roc Lending leased 4,250 SF
  • Three Wall Capital LLC leased 6,950 SF
  • Hale and Hearty Soups leased 1,809 SF
  • Cantillon Capital Manage… leased 500 SF
  • Atlas Capital Group LLC leased 10,586 SF
  • Atria leased 14,231 SF
  • Blue Owl Capital Inc leased 500 SF
Nearby Office Tenants Leased
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
  • Baker Hostetler leased 84,000 SF at 45 Rockefeller Plaza
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave

Recent News About 40 West 57th Street

Nothing else matters Software Testimonial

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

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