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Rent/Lease Office 41-43 Division St

$ / SF SF Monthly Rent
$ 36
3,500
$ 10,645

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 54
3,300
$ 14,987
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 35
1,900
$ 5,541
Address $ / SF SF Monthly Rent
Broadway & Barclay Street $ 15
16,400
$ 20,500
Address $ / SF SF Monthly Rent
Lafayette St & Walker Street $ 28
3,000
$ 6,885
Address $ / SF SF Monthly Rent
Broadway & Lispenard Street $ 75
1,900
$ 11,875
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 $ 2100 $ 2363 $ 775
Interior office/person $ 1350 $ 1863 $ 525
Team Rooms $ 10100 $ 9113 $ 5025
Suites $ 20100 $ 13113 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Pearl St & Avenue of the Finest $ 48
18,100
$ 73,154
Broadway & Murray Street $ 58
27,900
$ 136,012
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 55
2,600
$ 11,916
Pearl St & Avenue of the Finest $ 50
2,500
$ 10,312
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 57
2,100
$ 9,975
Address $ / SF SF Monthly Rent
Broadway & Barclay Street $ 42
11,500
$ 39,770
Park Pl & Church Street $ 54
12,300
$ 55,350
Address $ / SF SF Monthly Rent
E Broadway & Catherine Street $ 46
3,800
$ 14,566
Chambers St & Church Street $ 54
3,000
$ 13,500
Broadway & Barclay Street $ 48
2,500
$ 10,000
Address $ / SF SF Monthly Rent
E Broadway & Catherine Street $ 47
2,000
$ 7,833
Chambers St & Church Street $ 52
2,200
$ 9,533
Broadway & Barclay Street $ 40
1,800
$ 6,000
Broadway & Duane Street $ 50
1,700
$ 7,154
Vesey St & Between Church Street $ 39
1,600
$ 5,200
Chatham Sq & Oliver Street $ 52
2,100
$ 9,012
Broadway & Reade Street $ 42
1,700
$ 5,879
Address $ / SF SF Monthly Rent
Broadway & Walker Street $ 45
8,400
$ 31,500
Duane St & Broadway $ 56
12,200
$ 56,933
Address $ / SF SF Monthly Rent
Broadway & Walker Street $ 45
4,900
$ 18,375
Broadway & Franklin Street $ 36
6,600
$ 19,800
Walker St & Baxter Street $ 57
6,000
$ 28,500
Canal St & Lafayette Street $ 55
2,900
$ 13,291
Broadway & Worth Street $ 42
4,300
$ 15,118
Duane St & Broadway $ 50
3,700
$ 15,416
Address $ / SF SF Monthly Rent
Broadway & Worth Street $ 45
1,900
$ 7,155

Retail Spaces for Rent at 41-43 Division St

Rent Retail 41-43 Division St

$ / SF SF Monthly Rent
$ 64
1,600
$ 8,533
$ 32
3,200
$ 8,533

Rent Medical Space at 41-43 Division St

Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 41-43 Division Street. This trend is projected to continue. Opportunities for subleases remain available at 41-43 Division Street and in the nearby City Hall neighborhood.
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41-43 Division Street nyc
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41-43 Division Street Property Overview

Building Address: 41-43 Division St, New York NY 10002
Building Alternate Address: 41-43 Division St
Zip Code:10002
Neighborhood:City Hall
Borough:Manhattan
Stories:7
Year Built:1900
Building Class:B

41-43 Division Street, located in the vibrant Chinatown area of Manhattan, New York, has a rich history dating back to its construction in 1900. This 7-story loft-style building was originally a commercial property, with significant transactions over the years.

In 2014, the Lam Group purchased the building for $11.5 million from H.K.D.C. Division Realty Corp, marking a significant change in ownership and use. The building has since undergone notable transformations.

One of the most recent and extensive renovations was completed in mid-2020. This full gut-renovation included significant capital improvements exceeding $5 million, transforming the building into a modern space with new steel beams, mechanical systems, plumbing, electrical work, windows, an elevator, and a restored façade.

Historically, the building was home to various commercial tenants, including two on the ground floor: H&F International Business and Sunrise Kitchen Supply. More recently, the space has been utilized by high-profile retailers such as Hypebeast, which operated a flagship store there.

The building's strategic location at the intersection of Chinatown, the Lower East Side (LES), Tribeca, SoHo, and the Financial District makes it a unique opportunity for various commercial users seeking a prime Manhattan location.

41-43 Division Street, Manhattan, NYC

Located on the south side of Division Street in the Two Bridges area, 41-43 Division Street sits at the vibrant intersection of Chinatown, Lower East Side (LES), Tribeca, SoHo, and the Financial District.

Building Overview

  • 7-story commercial building originally built in 1900
  • Cast-iron façade with extensive gut renovation completed mid-2020
  • Approximately 30,872 gross rentable square feet total
  • Structural upgrades: new steel beams, plumbing, mechanical, electrical systems
  • Elevator extended to rooftop with rooftop access and 3,000 sq ft roof deck offering dramatic NYC views

Floor Space Details

Floor Size (sq ft) Use Condition Ceiling Height
Lower Level 3,250 Retail Full Build-Out 11 ft
1st Floor 3,250 Retail Full Build-Out 15 ft
2nd Floor 4,750 Office Full Build-Out (High-end showroom) Not specified
3rd Floor 4,750 Office Partial Build-Out (White-boxed space) Not specified

Features

  • Previously housed the “Hypebeast” flagship store
  • Upgraded sound and lighting systems
  • Floor-to-ceiling windows providing ample natural light
  • Soaring ceilings of up to 15 feet on retail floors
  • Located in a dynamic commercial and cultural hub with easy access to multiple subway and bus lines

Property and Tax Information

  • Lot size approximately 3,465 sq ft
  • Building class: Office with Commercial (7-19 stories)
  • Estimated 2024-2025 property tax: $184,350
  • Tax assessor's market value: $3,901,000

41-43 Division Street Building Amenities:

  • Soaring Ceiling Heights: Up to 15 feet on the ground floor, 11 feet in the lower level, and 14.5 feet on available spaces.
  • Full-Size Windows: Providing natural light and city views.
  • Ample Outdoor Space: Includes a 3,000 square feet roof deck with spectacular NYC views.
  • Upgraded Sound and Lighting System: Ideal for retail or event spaces.
  • Recent Renovation: Fully gut-renovated with new mechanicals, plumbing, electric, and a restored façade.
  • High-End Interiors: Features glass offices, wide-plank hardwood flooring, and modern bathrooms.
  • New Elevator: With access to the rooftop.
  • Finished Rooftop: Includes pavers for outdoor activities.


41-43 Division St, Manhattan, NYC has previously hosted notable retail flagships like Hypebeast, indicating its appeal for prominent commercial users. The building offers office and retail spaces with various conditions and availability.

Space Details:

  • Lower Level: 3,250 SF, Retail - Full Build-Out
  • 1st Floor: 3,250 SF, Retail - Full Build-Out
  • 2nd Floor: 4,750 SF, Office - Full Build-Out
  • 3rd Floor: 4,750 SF, Office - Partial Build-Out

Building Features: - Gut-renovated building with new steel beams, mechanicals, plumbing, electric, windows, and elevator. - Soaring ceiling heights of 14.5 feet on the ground floor and a 3,000 square feet roof deck.

Neighborhood: Located at the intersection of Chinatown, Lower East Side (LES), Tribeca, SoHo, and the Financial District, offering a vibrant downtown environment.


Internet Providers at 41-43 Division St, Manhattan, NYC

The following internet service providers offer coverage and services suitable for 41-43 Division St, Manhattan:

  • Spectrum: Cable internet with speeds up to 1 Gbps, offering reliable service with wide coverage in Manhattan.
  • Optimum: Provides cable and fiber internet options with speeds up to 8 Gbps, known for high-speed connections.
  • Verizon Fios: Fiber internet starting at 300 Mbps and reaching up to 2.3 Gbps, praised for fast speeds and strong customer service.
  • Astound Broadband (formerly RCN): Cable and fiber internet with speeds up to 1.5 Gbps, offering competitively priced plans and unlimited data usage.

These providers support a variety of connection types including cable and fiber, ensuring high-speed internet access for residential and commercial needs in this Manhattan location.


41-43 Division Street, Manhattan, NYC is located at the intersection of vibrant neighborhoods including Chinatown, Lower East Side (LES), Tribeca, SoHo, and the Financial District. The area offers convenient transportation options:

  • Subway: Closest subway station is Rutgers St & Broadway, serving the F line, approximately 0.27 miles away.
  • Bus: Bus route M9 is available near E Broadway/Market St, with a stop about 0.032 miles away.

Cross streets are Catherine Street and Market Street.

Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave

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Why Optimal Spaces –
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✓
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  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
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Alone or with other broker

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  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
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  • Lack of specialized expertise.
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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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