Expert Tenant Broker
We represent you, not the landlord
Rent/Lease Office 42 W 48th St
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 |
|---|---|---|---|
| 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 42 W 48th St
Rent Retail 42 W 48th St
Rent Medical Space at 42 W 48th St
Office Tenants Rented / Leased 42 West 48th Street
- Edeweiss Jewelry Co leased 1,260 SF
- Elements Intl leased 1,260 SF
- Carats USa Llc leased 1,680 SF
- Emanuel Jewelry leased 1,260 SF
- Emerald Creations NYC leased 1,260 SF
- Facet Importing Corp leased 1,260 SF
- Friendly Diamonds leased 1,260 SF
- Valentin Magro Jewelry M… leased 3,000 SF
- Inca's Bros Jewelry leased 1,260 SF
- Alex Sepkus Co leased 4,000 SF
Nearby Office Tenants Leased
- Open Society Foundations leased 152,000 SF at 224 West 57th St
- Cantor Fitzgerald leased 151,890 SF at 110 East 59th Street
- AllianceBernstein leased 151,500 SF at 1345 Sixth Ave
- TD Securities Inc leased 142,712 SF at 31 West 52nd St
- Blank Rome leased 137,986 SF at 1271 Avenue of the Americas
- WeWork leased 135,500 SF at 609 Fifth Avenue
- Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
- Grant Thornton LLP leased 130,357 SF at 757 Third Ave
- Holland & Knight leased 130,296 SF at 900 Third Ave
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Breitling leased 8,500 SF at 5 East 57th St
- Roche Bobois leased 8,200 SF at 950 Third Avenue
- 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
- Dress Barn leased 7,958 SF at 1180 Sixth Ave
- Valley National Bank leased 7,713 SF at 71 West 47th St
- Louis the 13th Cognac leased 7,500 SF at 3 West 57th Street
- Asanda Aveda leased 6,800 SF at 120 East 56th St
- The National Hockey League leased 6,712 SF at 1185 Sixth Ave
- Francois Latapie leased 6,500 SF at 30 East 60th St
- Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
| $ / 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 42 West 48th Street. This trend is projected to continue. Opportunities for subleases remain available at 42 West 48th Street and in the nearby Plaza District neighborhood.
Find My Space!
Thank you! we will be in touch.
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
42 West 48th Street Property Overview
| Building Address: | 42 W 48th St, New York NY 10036 |
| Building Alternate Address: | 42 W 48th St |
| Zip Code: | 10036 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 17 |
| Year Built: | 1929 |
| Building Class: | B |
| Block & lot: | 01263-0059 |
42 West 48th Street, Manhattan, NYC
Building Overview
42 West 48th Street is a commercial building located in the heart of Midtown, Manhattan. It was built in 1929 and features 16 stories, making it a significant presence in the area.
Property Details
- Lot Size: 4,820 sqft
- Building Type: Office with Commercial (7-19 Stories)
- Total Building Area: 58,201 sqft
- Year Built: 1929
- Construction Type: Office building
Neighborhood
Situated in Central Midtown, this building is close to iconic landmarks like Grand Central Terminal and the Chrysler Building. The area is known for its vibrant business environment and rich history.
42 W 48th St, Manhattan, NYC, is also known as 42-46 W 48th St and is located in the Midtown area. This property is a 16-story, 1929-built office building.
Key Details:
- Address: 42 West 48th Street, New York, NY 10036
- Neighborhood: Central Midtown
- Building Height: 16 stories
- Year Built: 1929
- Total Units: 42
- Lot Size: 4,820 sqft
- Building Type: Office
Location Highlights:
- Located in the Diamond District
- Access to public transportation via bus and subway
Amenities at 42 W 48th St, Manhattan, NYC
- Bus Line
- Metro/Subway
- Surface Parking
42 W 48th St, Manhattan, NYC, is a historic building constructed in 1929 with 16 floors and 42 units. Notable tenants include Su-Raj Inter Gold Inc, Forever Jewels Inc, Jinan BWM Tech, Sean's Bar & Kitchen, and No Bull Diamonds. Other tenants have historically included Alex Sepkus, Christopher Design, ELO Realty Corp., Taj Company, Delta Sales Group, Facets Imports Corp., U.S.A., and StudsInc.
At 42 W 48th St, Manhattan, NYC, residents have access to several prominent internet providers, though specific availability may vary within the building. Common providers in Manhattan include:
Spectrum: Known for its cable services with speeds up to 1,000 Mbps. It offers a wide range of packages including internet, TV, and phone bundles.
Verizon: Offers fiber-optic and DSL services, with speeds up to 2.3 Gbps. However, fiber availability might be limited.
RCN: Provides fiber-optic and cable services with speeds reaching 1.5 Gbps. It is known for its competitive pricing and no-contract plans.
AT&T: While not as commonly available in Manhattan, AT&T offers reliable internet services, though its coverage may be more limited compared to others.
Other options might include satellite providers like HughesNet and Viasat, which offer coverage but with generally slower speeds.
42 W 48th St, Manhattan, NYC is located in the heart of Midtown West, offering excellent transportation options:
Public Transit:
- Bus: Closest bus stops include 12 Av/W 48 St and W 49th St & 12th Ave, with lines such as M12 and M50 readily available.
- Subway: The nearest subway stations are 50 St (3-minute walk) and Times Square–42 St (5-minute walk), with lines 1, 2, A, C, and E nearby.
- Trains: Accessible via Hudson and PATH trains.
Cross Streets: The property is situated between 6th Avenue and 7th Avenue, providing easy access to Times Square and the Diamond District.
Office Tenants Rented / Leased 42 West 48th Street
- Edeweiss Jewelry Co leased 1,260 SF
- Elements Intl leased 1,260 SF
- Carats USa Llc leased 1,680 SF
- Emanuel Jewelry leased 1,260 SF
- Emerald Creations NYC leased 1,260 SF
- Facet Importing Corp leased 1,260 SF
- Friendly Diamonds leased 1,260 SF
- Valentin Magro Jewelry M… leased 3,000 SF
- Inca's Bros Jewelry leased 1,260 SF
- Alex Sepkus Co leased 4,000 SF
Nearby Office Tenants Leased
- Open Society Foundations leased 152,000 SF at 224 West 57th St
- Cantor Fitzgerald leased 151,890 SF at 110 East 59th Street
- AllianceBernstein leased 151,500 SF at 1345 Sixth Ave
- TD Securities Inc leased 142,712 SF at 31 West 52nd St
- Blank Rome leased 137,986 SF at 1271 Avenue of the Americas
- WeWork leased 135,500 SF at 609 Fifth Avenue
- Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
- Grant Thornton LLP leased 130,357 SF at 757 Third Ave
- Holland & Knight leased 130,296 SF at 900 Third Ave
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Breitling leased 8,500 SF at 5 East 57th St
- Roche Bobois leased 8,200 SF at 950 Third Avenue
- 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
- Dress Barn leased 7,958 SF at 1180 Sixth Ave
- Valley National Bank leased 7,713 SF at 71 West 47th St
- Louis the 13th Cognac leased 7,500 SF at 3 West 57th Street
- Asanda Aveda leased 6,800 SF at 120 East 56th St
- The National Hockey League leased 6,712 SF at 1185 Sixth Ave
- Francois Latapie leased 6,500 SF at 30 East 60th St
- Armonk Farm Inc. leased 6,400 SF at 2 West 45th St
Panelz USA Testimonial
To whom it may concern,
I want to thank Dorothy Kolev and Optimal Spaces Inc. for the excellent job they did in finding us our space. Dorothy made many presentations to us but never lost interest or gave up, she was fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. We are very satisfied with the services of Optimal Spaces Inc. I have recommended her and Optimal Spaces Inc. to friends and colleagues.
Sincerely,
David Yagerman
Panelz USA
SHOWROOM
20 West 22nd St, Suite 908
New York, NY 10010
Commercial space for lease
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.
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.
Find My Space!