Rent Office 418 East 71st Street
| $ / SF | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 960 |
| Interior office/person | $ 1350 | $ 800 | $ 710 |
| Team Rooms | $ 10100 | $ 8050 | $ 5210 |
| Suites | $ 20100 | $ 12050 | $ 7210 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 49th St & Fifth Avenue | $ 94 | 16,000 |
$ 125,333 |
| Park Ave & East 48th Street | $ 105 | 13,700 |
$ 119,875 |
| Park Ave & East 50th Street | $ 150 | 14,600 |
$ 182,500 |
| W 57th St & Avenue of the Americas | $ 105 | 15,800 |
$ 138,250 |
| Rockefeller Plz & West 50th Street | $ 92 | 13,800 |
$ 105,800 |
| Madison Ave & East 60th Street | $ 165 | 15,300 |
$ 210,375 |
| Madison Ave & East 53rd Street East 52nd Street | $ 170 | 11,400 |
$ 161,500 |
| Madison Ave & East 56th Street | $ 105 | 13,100 |
$ 114,625 |
| Fifth Ave & West 52nd Street | $ 93 | 11,300 |
$ 87,575 |
| Third Ave & East 49th Street | $ 89 | 11,200 |
$ 83,066 |
| Park Ave & East 47th Street | $ 130 | 11,100 |
$ 120,250 |
| E 59th St & Park Avenue | $ 95 | 13,300 |
$ 105,291 |
| Madison Ave & East 49th Street | $ 79 | 18,900 |
$ 124,425 |
| Madison Ave & East 55th Street | $ 130 | 7,800 |
$ 84,500 |
| Fifth Ave & East 46th Street | $ 84 | 14,600 |
$ 102,200 |
| E 55th St & Madison Avenue | $ 130 | 10,900 |
$ 118,083 |
| Fifth Ave & West 55th Street West 56th Street | $ 98 | 9,700 |
$ 79,216 |
| Rockefeller Plaza & Fifth Avenue | $ 95 | 14,100 |
$ 111,625 |
| Fifth Ave & East 58th Street | $ 150 | 25,700 |
$ 321,250 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Rockefeller Plaza & West 48th Street | $ 94 | 2,800 |
$ 21,933 |
| E 49th St & Fifth Avenue | $ 109 | 5,500 |
$ 49,958 |
| Avenue of the Americas & West 51th Street | $ 84 | 2,600 |
$ 18,200 |
| Madison Ave & East 55th Street | $ 125 | 4,800 |
$ 50,000 |
| Lexington Ave & East 51st Street | $ 78 | 5,300 |
$ 34,450 |
| Third Ave & East 49th Street | $ 73 | 3,800 |
$ 23,116 |
| Third Ave & East 49th Street | $ 65 | 4,000 |
$ 21,666 |
| Madison Ave & East 55th Street | $ 65 | 5,000 |
$ 27,083 |
| Fifth Ave & West 52nd Street | $ 93 | 6,800 |
$ 52,700 |
| E 52nd St & Lexington Avenue | $ 68 | 4,000 |
$ 22,666 |
| Lexington Ave & East 50th Street | $ 71 | 4,100 |
$ 24,258 |
| Lexington Ave & East 52nd Street Street | $ 82 | 3,700 |
$ 25,283 |
| Madison Ave & East 48th Street | $ 70 | 4,500 |
$ 26,250 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Avenue of the Americas & West 51th Street | $ 84 | 2,200 |
$ 15,400 |
| Rockefeller Plz & West 50th Street | $ 92 | 1,600 |
$ 12,266 |
| Fifth Ave & West 55th Street West 56th Street | $ 80 | 1,900 |
$ 12,666 |
| Third Ave & East 49th Street | $ 71 | 2,000 |
$ 11,833 |
| Third Ave & East 49th Street | $ 60 | 2,000 |
$ 10,000 |
| Madison Ave & East 52nd Street | $ 70 | 1,500 |
$ 8,750 |
| 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 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 125th Street | $ 49 | 9,000 |
$ 36,750 |
| Seventh Ave & Dr. Martin Luther King Jr. Boulevard | $ 48 | 15,700 |
$ 62,800 |
| W 125th St & Frederick Douglass Boulevard | $ 54 | 22,500 |
$ 101,250 |
| W 125th St & Between Malcolm X Blvd | $ 54 | 13,700 |
$ 61,650 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 125th Street | $ 49 | 3,700 |
$ 15,108 |
| W 125th St & Between Malcolm X Blvd | $ 55 | 4,300 |
$ 19,708 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & Dr. Martin Luther King Jr. Boulevard | $ 48 | 2,000 |
$ 7,916 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 124th St & Park Avenue | $ 48 | 9,200 |
$ 36,416 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 161st St & Broadway | $ 32 | 5,000 |
$ 13,125 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 53 | 2,000 |
$ 8,833 |
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.
Lease 418 East 71st Street
Rent 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
418 East 71st Street Amenities
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 at 418 East 71st Street
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.
418 East 71st Street Access
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
- 68 Street-Hunter College - 11 min walk (0.6 mi)
- 77 Street (4,6 Line) - 14 min walk (0.7 mi)
- York Av/E 72 St - 1 min walk
- E 72 St/York Av - 2 min walk
The property is located between York Avenue and 1st Avenue.
- Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
- The Global Justice Center leased 3,832 SF at 11 Hanover Sq
- Mystique International leased 2,754 SF at 1237-1239 Broadway
- Midtown East Medical leased 1,653 SF at 120 E 56th St
- Audio Help Hearing Centers leased 1,500 SF at 1036 Park Ave
- Elke leased 1,400 SF at 1140 Broadway
- HI Construction Corp. leased 990 SF at 1201 Broadway
- Union Square Development leased 800 SF at 1261 Broadway
- Dr. Demetrios M. Mihalos, D.D.S. leased 500 SF at 115 E 61st St
- Annamarie Greco M D Pllc leased 500 SF at 1050 Fifth Ave
Nearby Retail Tenants Leased
- Target leased 55,614 SF at 150 East 86th Street
- Luminary leased 15,000 SF at 1204 Broadway
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- Corner Table Restaurants leased 11,000 SF at 1201 Broadway
- Soko Glam leased 7,772 SF at 1261 Broadway
- Luceplan leased 3,600 SF at 14 Wooster St
- Spring Sun Nail leased 2,300 SF at 119 Fulton St
- Spin Ceramics leased 2,200 SF at 13-17 Crosby St
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
- Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
- The Global Justice Center leased 3,832 SF at 11 Hanover Sq
- Mystique International leased 2,754 SF at 1237-1239 Broadway
- Midtown East Medical leased 1,653 SF at 120 E 56th St
- Audio Help Hearing Centers leased 1,500 SF at 1036 Park Ave
- Elke leased 1,400 SF at 1140 Broadway
- HI Construction Corp. leased 990 SF at 1201 Broadway
- Union Square Development leased 800 SF at 1261 Broadway
- Dr. Demetrios M. Mihalos, D.D.S. leased 500 SF at 115 E 61st St
- Annamarie Greco M D Pllc leased 500 SF at 1050 Fifth Ave
Nearby Retail Tenants Leased
- Target leased 55,614 SF at 150 East 86th Street
- Luminary leased 15,000 SF at 1204 Broadway
- Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
- Corner Table Restaurants leased 11,000 SF at 1201 Broadway
- Soko Glam leased 7,772 SF at 1261 Broadway
- Luceplan leased 3,600 SF at 14 Wooster St
- Spring Sun Nail leased 2,300 SF at 119 Fulton St
- Spin Ceramics leased 2,200 SF at 13-17 Crosby St
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.