Expert Tenant Broker
We represent you, not the landlord
Rent Office 418 East 71st Street
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | $ 111.5 | 25,000 |
$ 232,291 |
| 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 |
|---|---|---|---|
| W 57th St & Avenue of the Americas | $ 105 | 15,800 |
$ 138,250 |
| Fifth Ave & East 55th Street | $ 157.5 | 19,300 |
$ 253,312 |
| Park Ave & East 58th Street | $ 125 | 11,300 |
$ 117,708 |
| 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 |
|---|---|---|---|
| 3rd Ave & Between East 90th Street | $ 73 | 2,700 |
$ 16,425 |
| 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 106th St & Third Avenue | $ 27 | 5,300 |
$ 11,925 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 53 | 2,000 |
$ 8,833 |
Retail Spaces for Rent at 418 E 71st St
Rent Retail 418 E 71st St
Rent Medical Space at 418 E 71st St
- Laboratory Institute of Merchandising, the College for the Business of Fashion leased 30,160 SF at 535 Fifth Ave
- Monarch Alternative Capit… leased 29,530 SF at 535 Madison Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Reproductive Medicine Associates leased 25,779 SF at 635 Madison Ave
- Strike Technologies leased 25,000 SF at 545 Madison Avenue
- The Ad Council leased 24,368 SF at 815 Second Ave
- Banco Bradesco leased 21,822 SF at 450 Park Avenue
- Glendower Capital leased 21,028 SF at 410 Park Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Jay Suites leased 18,989 SF at 369 Lexington Ave
- Wells Fargo leased 4,328 SF at 437 Madison Avenue
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Polestar leased 4,000 SF at 5 East 59th Street
- Grubo Alin Corporation leased 3,840 SF at 595 Madison Ave
- Panache Lingerie leased 3,800 SF at 286 Madison Avenue
- Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
- 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- Carlo Pazolini leased 3,056 SF at 555 Madison Ave
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Situated within the high-barrier-to-entry Lenox Hill submarket of the Upper East Side, 418 E 71st St represents a strategic investment opportunity perfectly positioned near Manhattan’s premier medical corridor and the Second Avenue Subway. From a brokerage perspective, this property offers significant upside through medical office conversion or high-end residential redevelopment, benefiting from the area’s consistent demand and limited inventory. Given the proximity to institutional anchors and neighborhood stability, we advise a long-term hold strategy to capitalize on both immediate cash flow potential and sustained capital appreciation in one of New York City’s most resilient commercial sectors.
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
418 East 71st Street Property Overview
| Building Address: | 418 E 71st St, New York NY 10021 |
| Building Name: | Weill Cornell Medical College |
| Building Alternate Address: | 418 E 71st St |
| Zip Code: | 10021 |
| Neighborhood: | Upper East Side |
| Borough: | Manhattan |
| Stories: | 6 |
| Year Built: | 1910 |
| Building Class: | C |
| Block & lot: | 01465-0038 |
History of 418 East 71st Street, Manhattan, NYC
418 East 71st Street is a historic commercial building located in the Lenox Hill neighborhood of Manhattan, New York City. The building was constructed in 1910 and originally had six stories, though some sources indicate it has seven stories today. Over the years, it has been associated with Weill Cornell Medical College.
The building was purchased on August 18, 2011, for $5,151,250. As of recent data, its market value was assessed at approximately $4,997,000. It is classified as a professional building, likely due to its past use by medical institutions.
A notable aspect of this property is its location, which is close to several major subway lines, making it conveniently accessible. Historically, it has been used for medical or professional offices, reflecting its appeal for such purposes due to its proximity to major hospitals and research institutions.
418 E 71st St, Manhattan, NYC
- Neighborhood: Lenox Hill
- Zip Code: 10021
- Borough: Manhattan
- Block & Lot: 01465-0037
Building Information:
- Year Built: 1910
- Number of Stories: 7
- Building Size: Approximately 14,422 SF (or 12,100 SF in some records)
- Lot Size: Approximately 0.06 AC (or 0.057 AC in some records)
- Building Type: Office (Medical)
- Number of Units: 6
Property Assessment:
- Land Assessment: $227,250
- Improvements Assessment: $2,021,400
- Total Assessment: $2,248,650
Amenities at 418 E 71st St:
- Controlled Access
- Direct Elevator Exposure
- Natural Light
- Open-Plan Layout
- Reception Area
- Recessed Lighting
- Air Conditioning
Additional Features:
- Large Open Space
- 6-7 Offices/Rooms
- Kitchenette
- Private Restroom
- Gorgeous Tile Floors
- Private Elevator Entrance
- Central Heating
418 E 71st St is a medical office building located in Manhattan's Lenox Hill neighborhood. It was built in 1910 and has a total of 7 stories, although some sources list it as having 6 stories and units.
The building is affiliated with Weill Cornell Medical College, suggesting its primary use is for medical offices.
Available amenities include controlled access, direct elevator exposure, natural light, open-plan layouts, reception areas, recessed lighting, and air conditioning.
There is no detailed information available on specific office tenants who have rented or leased space in the building.
Internet Providers at 418 E 71st St, Manhattan, NYC:
Residents in this area can access internet services from several prominent providers:
- Verizon: Known for its reliable fiber-optic service with speeds up to 2 Gbps.
- Spectrum: Offers both cable and fiber services with speeds up to 1 Gbps.
- Earthlink: Provides fiber internet with speeds reaching 2,300 Mbps.
Other options such as T-Mobile Home Internet and Starry Internet might also be available, depending on the building's specific service area.
Transportation Near 418 E 71st St, Manhattan, NYC
Public Transit
- Subway Lines: N, Q, R, 4, 6
- Nearest Subway Station: 72 St - 5 min walk (0.3 mi)
- Nearby Subway Stations:
- 68 Street-Hunter College - 11 min walk (0.6 mi)
- 77 Street (4,6 Line) - 14 min walk (0.7 mi)
Bus Services
- Buses: M15, M15-SBS, M31, M66, M72
- Nearest Bus Stations:
- York Av/E 72 St - 1 min walk
- E 72 St/York Av - 2 min walk
Cross Streets
The property is located between York Avenue and 1st Avenue.
- Laboratory Institute of Merchandising, the College for the Business of Fashion leased 30,160 SF at 535 Fifth Ave
- Monarch Alternative Capit… leased 29,530 SF at 535 Madison Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Reproductive Medicine Associates leased 25,779 SF at 635 Madison Ave
- Strike Technologies leased 25,000 SF at 545 Madison Avenue
- The Ad Council leased 24,368 SF at 815 Second Ave
- Banco Bradesco leased 21,822 SF at 450 Park Avenue
- Glendower Capital leased 21,028 SF at 410 Park Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Jay Suites leased 18,989 SF at 369 Lexington Ave
- Wells Fargo leased 4,328 SF at 437 Madison Avenue
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Polestar leased 4,000 SF at 5 East 59th Street
- Grubo Alin Corporation leased 3,840 SF at 595 Madison Ave
- Panache Lingerie leased 3,800 SF at 286 Madison Avenue
- Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
- 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- Carlo Pazolini leased 3,056 SF at 555 Madison Ave
RZO Advisory Group Testimonial
To Whom It May Concern:
Steve Sunderland acted as our real estate broker in relocation of this firm's 12,000 square feet of office space. While that may seem like a relatively easy task, given our requirements, it was anything but.
After giving Mr. Sunderland a prospective location radius of onlny three blocks and a request for 75% of the offices to be windowed, he took us to numerous potential locations. Much to our surprise and delight, no visit was ever a waste of our time. Mr. Sunderland knew what he wanted and needed. He never showed us properties that would not work for the firm.
After several weeks of searching, our situation caused us to put our search on hold. It was a couple of years before we resumed. I'm happy to say that Mr. Sunderland picked up with the same enthusiasm he had previously shown.
Even after we had signed our new lease, Mr. Sunderland stayed in touch with us as well as our landlord to be sure that our work letter was adhered to.
If you are looking for commercial space, I could not give Mr. Sunderland a higher recommendation. He was courteous and always professional throughout a long and sometimes difficult process.
If you wish to contact me, please feel free to call at the number above.
Sincerely,
William Zysblat
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.