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Rent/Lease Office 40 Worth St
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Maiden Ln & Front Street | $ 61.5 | 10,000 |
$ 51,250 |
| Wall St & Broad Street | $ 30.5 | 8,000 |
$ 20,333 |
| Astor Pl & Cooper Square | $ 49 | 13,400 |
$ 54,716 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Greene St & Between Canal Street | $ 76 | 4,900 |
$ 31,033 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & East Houston Street | $ 47.5 | 1,900 |
$ 7,520 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Hudson St & Canal Street | $ 35 | 7,500 |
$ 21,875 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & East Houston Street | $ 66 | 4,300 |
$ 23,650 |
| Broadway & Broome Street | $ 110 | 5,400 |
$ 49,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Broome Street | $ 110 | 2,500 |
$ 22,916 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Howard Street | $ 63 | 3,000 |
$ 15,750 |
| Eldridge St & Hester Street | $ 32.5 | 4,000 |
$ 10,833 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broome St & Greene Street | $ 42 | 2,000 |
$ 7,000 |
| Broadway & Howard Street | $ 62 | 2,200 |
$ 11,366 |
| Wooster St & Broome Street | $ 70 | 1,800 |
$ 10,500 |
| 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 |
|---|---|---|---|
| Whitehall St & Bridge Street | $ 67 | 16,900 |
$ 94,358 |
| Broad St & South William Street | $ 44.5 | 17,200 |
$ 63,783 |
| Pine St & Water Street | $ 56 | 22,200 |
$ 103,600 |
| Wall St & Broadway | $ 44.5 | 16,000 |
$ 59,333 |
| Broadway & Beaver Street | $ 56.5 | 11,300 |
$ 53,204 |
| Broadway & Pine Street and Cedar Street | $ 58.5 | 7,800 |
$ 38,025 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E Broadway & Between Pike Street | $ 80 | 3,000 |
$ 20,000 |
| 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 | $ 43.5 | 5,700 |
$ 20,662 |
| Wall St & Broadway | $ 43 | 4,900 |
$ 17,558 |
| Whitehall St & Bridge Street | $ 56 | 6,100 |
$ 28,466 |
| Broadway & East Houston | $ 81 | 3,700 |
$ 24,975 |
| Broadway & Beaver Street | $ 49 | 4,400 |
$ 17,966 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Pine Street and Cedar Street | $ 58 | 2,200 |
$ 10,633 |
| Broad St & South William Street | $ 45.5 | 2,100 |
$ 7,962 |
| Pine St & Water Street | $ 68.5 | 2,200 |
$ 12,558 |
| Wall St & Broadway | $ 48 | 1,700 |
$ 6,800 |
| Broadway & Beaver Street | $ 51.5 | 2,500 |
$ 10,729 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Hudson St & Franklin Streets | $ 67 | 12,200 |
$ 68,116 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Beach St & Greenwich Street | $ 95.52 | 5,000 |
$ 39,800 |
| W Broadway & Canal Street | $ 66.5 | 3,800 |
$ 21,058 |
| Greenwich St & Franklin Street | $ 89 | 3,400 |
$ 25,216 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Franklin St & Greenwich Street | $ 61.5 | 2,400 |
$ 12,300 |
| W Broadway & Canal Street | $ 57.5 | 1,800 |
$ 8,625 |
| Greenwich St & Franklin Street | $ 88 | 2,200 |
$ 16,133 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Beaver Street and Exchange Place | $ 46 | 7,000 |
$ 26,833 |
| Lafayette St & East 4th Street | $ 71 | 9,400 |
$ 55,616 |
| Broadway & Exchange Place | $ 44 | 8,000 |
$ 29,333 |
| W Houston St & Sullivan Street | $ 45 | 8,200 |
$ 30,750 |
| Howard St & Between Mercer Street | $ 90 | 7,100 |
$ 53,250 |
| Broadway & Spring Street | $ 103 | 42,200 |
$ 362,216 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Exchange Place | $ 42 | 2,700 |
$ 9,450 |
| Broadway & Between Broome Street | $ 42 | 3,000 |
$ 10,500 |
| Eldridge St & Hester Street | $ 35 | 3,500 |
$ 10,208 |
| Hanover Sq & Beaver Street and Pearl Street | $ 32 | 3,800 |
$ 10,133 |
| Delancey St & Ludlow Street | $ 56 | 6,500 |
$ 30,333 |
| Broadway & Beaver Street and Exchange Place | $ 43 | 3,700 |
$ 13,258 |
| Wooster St & Broome Street | $ 57.4 | 2,500 |
$ 11,958 |
| Howard St & Between Mercer Street | $ 91 | 6,000 |
$ 45,500 |
| Broadway & Spring Street | $ 59 | 3,200 |
$ 15,733 |
| Broadway & Prince Street | $ 41 | 2,800 |
$ 9,566 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Beaver Street and Exchange Place | $ 40 | 2,000 |
$ 6,666 |
| Broadway & Exchange Place | $ 42 | 2,000 |
$ 7,000 |
| Lafayette St & Between Broome Street | $ 58.5 | 1,800 |
$ 8,775 |
| Wooster St & Broome Street | $ 58.13 | 1,600 |
$ 7,750 |
| Hanover Sq & Beaver Street and Pearl Street | $ 36.5 | 2,100 |
$ 6,387 |
Retail Spaces for Rent at 40 Worth St
Rent Retail 40 Worth St
Rent Medical Space at 40 Worth St
- Lyn Rice Architects leased 1,200 SF
- Weill Cornell Medical Asso… leased 17,063 SF
- New York Law School leased 7,024 SF
- Legal Aid Society leased 12,618 SF
- New York Downtown Hospital leased 9,534 SF
- Bevmax Office Centers leased 27,384 SF
- Center for Family Representation leased 13,400 SF
- Office for Visual Interaction leased 2,834 SF
- The Innocence Project leased 20,289 SF
- Gap leased 265,083 SF
- NYC Elite leased 25,014 SF
- M5 Showroom leased 10,842 SF at 174 Hudson St
- Maven Clinic leased 9,800 SF at 394 Broadway
- Marvel Architects leased 6,100 SF at 145 Hudson St
- Kutnicki Bmstein Archtect… leased 5,000 SF at 277 Broadway
- T Elenteny Imports leased 4,750 SF at 285 West Broadway
- Dyenamix leased 4,551 SF at 359 Broadway
- C R Cushing & Co Inc leased 4,500 SF at 30 Vesey St
- Bright Red Pixels leased 3,100 SF at 265 Canal St
- Beringer Architects leased 3,000 SF at 66 West Broadway
- TheraBeCa leased 2,376 SF at 179 Franklin Street
- Philly Pretzel Factory leased 300 SF at 86 Chambers Street
- Fairway Market leased 52,252 SF at 255 Greenwich St
- Equinox leased 22,000 SF at 55 Washington Street
- Troy Halterman leased 12,000 SF at 200 Hudson St
- Brooklyn Industries Inc. leased 11,640 SF at 20 Jay St
- Cadence Cycling & Multisport Centers leased 11,000 SF at 174 Hudson St
- Broome Street Hospitality leased 7,203 SF at 285 West Broadway
- Tamarind leased 6,000 SF at 99 Hudson St
- Rainbow Apparel leased 5,714 SF at 40 Fulton St
- National September 11 Memorial & Museum leased 4,700 SF at 20 Vesey St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
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 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 Worth Street Property Overview
| Building Address: | 40 Worth St, New York NY 10013 |
| Building Name: | Merchants Square Building |
| Building Alternate Address: | 40 Worth St |
| Zip Code: | 10013 |
| Neighborhood: | Tribeca |
| Borough: | Manhattan |
| Stories: | 20 |
| Year Built: | 1927 |
| Building Class: | B |
| Block & lot: | 00148-0015 |
40 Worth Street, also known as the Merchants Square Building, is a neo-classical office building located in the Tribeca neighborhood of Manhattan, New York City. It was constructed in 1929 by the architectural firm Jardine, Hill & Murdock. The building occupies a full city block from Worth Street to Thomas Street, bounded by West Broadway and Church Street.
The structure comprises 16 floors plus a mezzanine and one below-grade level, totaling approximately 755,000 square feet of space. Designed with large, efficient floorplates and oversized windows, it offers abundant natural light and expansive city views, making it adaptable to tenants of various sizes. The building was comprehensively renovated in 2012 to modernize its office spaces and common areas.
Situated in an upscale area, the building features a public arcade accessible from both Worth and Church Streets. It hosts a diverse range of tenants, including major non-profit organizations and notable East Coast headquarters for well-known companies. Its location provides convenient access to multiple subway lines, enhancing connectivity throughout New York City.
40 Worth Street, Manhattan, NYC
Merchants Square Building Overview
40 Worth Street, also known as the Merchants Square Building, is a neo-classical office building constructed in 1929 by the architectural firm Jardine, Hill & Murdock. It occupies a full block in Tribeca, Manhattan, between Worth Street and Thomas Street, bounded by West Broadway and Church Street. The building encompasses approximately 755,000 to 800,000 square feet across 16 floors plus mezzanine and below-grade level.
The building features large, efficient floorplates averaging around 38,000 to nearly 50,000 rentable square feet, with oversized windows providing abundant natural light and exceptional city views. It caters to a range of tenants from small to large, including major non-profits and creative industry companies. Notable tenants include Acumen Fund, The Innocence Project, the Legal Aid Society, and The Gap’s East Coast headquarters.
Building Features & Amenities
- 24/7 Access with attended lobby and security
- Public arcade entrance on Worth Street with additional access from Church Street
- Steel and concrete construction with full renovation completed in 2012
- 12 passenger elevators and 3 freight elevators
- Tenant-controlled HVAC: package air-cooled units and perimeter steam heating
- Fire alarm and fully sprinklered fire safety systems
- Double-insulated, operable windows
- Bicycle storage with two racks
- Nearby subway access to multiple lines including 1, 2, 3, A, C, E, J, N, Q, R, Z
Location & Neighborhood
Located in upscale Tribeca, the building is surrounded by a variety of dining options from casual to upscale, including the well-known Arcade Bakery inside the building. The site offers excellent transit connections within a short walking distance to several subway stations and multiple subway lines, making it well-connected to Midtown and Downtown Manhattan.
Typical Office Space
Office spaces range from 100 to 5,000 square feet, with flexible leasing terms. The building offers amenities such as fully furnished private offices, live phone reception, high-speed internet, conference rooms, mail handling, and secure 24/7 access. Floor loads support typical office requirements, and spaces feature natural light and corner offices.
Amenities at 40 Worth Street, Manhattan, NYC
- 24/7 Secure Tenant Access and Security
- USPS Drop-off Facility
- Covered Parking
- 12 Passenger Elevators and 2 Freight Elevators
- Large, Efficient Floorplates with Oversized Windows Providing Abundant Natural Light and Exceptional City Views
- LEED Silver-Certified Sustainable Building Features
- Full Renovation Completed in 2012 Including Modernized Common Areas and Office Spaces
- Tenant-Controlled HVAC: Package Air-Cooled Units with Perimeter Steam and Pipe Heating
- Double-Insulated, Operable Windows
- Fire and Life Safety Systems: Fire Alarm with Command Station, Defibrillator, Fully Sprinklered Building
- 24/7 Attended Lobby with Key Card Access and Closed-Circuit Cameras
- Extensive Telecommunications Infrastructure Including Providers Such as Spectrum and Verizon
- Cleaning of Common Areas Monday through Friday
- Bicycle Storage Available (Racks)
Office Space Features (via Bevmax at 40 Worth Street)
- Fully Furnished Private Offices with Ergonomic Furniture and Professional Decor
- Live Phone Reception Services
- High-Speed T1 Internet Access
- Advanced Digital Phone System
- Conference Rooms Equipped with Latest Technology
- Reception Area for Visitors
- Daily Coffee and Continental Breakfast Provided
- Mail Handling Services
- Electricity Included and Managed
- Secure 24/7 Access to Office Spaces
- Customizable Office Layouts for Various Professional Needs
40 Worth Street in Manhattan, NYC, is home to a variety of notable office tenants. The building, also known as the Merchants Square Building, hosts major non-profits such as the Acumen Fund, the Legal Aid Society, and the Innocence Project. Additionally, it serves as the East Coast Headquarters for the iconic fashion brand, The Gap. Other prominent tenants include Weill Cornell Medicine, Surface Design, Public Health Solutions, and the shared space provider Bevmax.
40 Worth Street, Manhattan
Cross Streets
Thomas Street and Worth Street between West Broadway and Church Street
Nearest Subway Stations
- Franklin St (1, 2, C, E, 3) - 4 min walk
- Chambers St (A, C, J, Z, 2, 3) - 5 min walk
- Brooklyn Bridge-City Hall (4, 5, 6) - 7 min walk
- Canal St (A, C, E, N, Q, R, W, 6) - 7 min walk
Bus Routes Nearby
- M20, 120, BM2, BM3 at Worth St/Church St - 2 min walk
- SIM1C, SIM33c, QM25 near Broadway/Thomas St - 3-4 min walk
Train Access
- PATH trains via nearby stations
- Lyn Rice Architects leased 1,200 SF
- Weill Cornell Medical Asso… leased 17,063 SF
- New York Law School leased 7,024 SF
- Legal Aid Society leased 12,618 SF
- New York Downtown Hospital leased 9,534 SF
- Bevmax Office Centers leased 27,384 SF
- Center for Family Representation leased 13,400 SF
- Office for Visual Interaction leased 2,834 SF
- The Innocence Project leased 20,289 SF
- Gap leased 265,083 SF
- NYC Elite leased 25,014 SF
- M5 Showroom leased 10,842 SF at 174 Hudson St
- Maven Clinic leased 9,800 SF at 394 Broadway
- Marvel Architects leased 6,100 SF at 145 Hudson St
- Kutnicki Bmstein Archtect… leased 5,000 SF at 277 Broadway
- T Elenteny Imports leased 4,750 SF at 285 West Broadway
- Dyenamix leased 4,551 SF at 359 Broadway
- C R Cushing & Co Inc leased 4,500 SF at 30 Vesey St
- Bright Red Pixels leased 3,100 SF at 265 Canal St
- Beringer Architects leased 3,000 SF at 66 West Broadway
- TheraBeCa leased 2,376 SF at 179 Franklin Street
- Philly Pretzel Factory leased 300 SF at 86 Chambers Street
- Fairway Market leased 52,252 SF at 255 Greenwich St
- Equinox leased 22,000 SF at 55 Washington Street
- Troy Halterman leased 12,000 SF at 200 Hudson St
- Brooklyn Industries Inc. leased 11,640 SF at 20 Jay St
- Cadence Cycling & Multisport Centers leased 11,000 SF at 174 Hudson St
- Broome Street Hospitality leased 7,203 SF at 285 West Broadway
- Tamarind leased 6,000 SF at 99 Hudson St
- Rainbow Apparel leased 5,714 SF at 40 Fulton St
- National September 11 Memorial & Museum leased 4,700 SF at 20 Vesey St
TPG Rewards Testimonial
To whom it may concern,
This letter is written in support of Mr. Stephen Sunderland.
Mr. Sunderland acted as our advisor and broker in our recent search for office space in Manhattan. From our first meeting Mr. Sunderland sought to understand our location, price, office layout and square footage needs. He closely accessed our initial needs, and made realistic suggestions to improve on them. The true measure of Mr. Sunderland's professionalism is that he delivered listings, and ultimately a deal, that closely related to our initial wishes and needs. Throughout our relationship he gave us sound advice as to the pros and cons of each location, and later on how to best work with the landlord in order to create an amicable deal.
Mr. Sunderland is a knowledgeable real estate professional who I recommend without any reservation.
Sincerely,
John S Galinos,President and CEO,
TPG Rewards Inc,
111 John Street,27th Floor
New York, NY 10038.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.