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Rent/Lease Office 423 W 127th St

$ / SF	SF	Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
W 57th St & Avenue of the Americas	$ 112	25,000	$ 232,291
Avenue of the Americas & West 55th Street West 56th 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	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 West 56th 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	SF	Monthly Rent
Madison Ave & East 49th Street	$ 76	2,200	$ 14,025

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent
E 60th St & Madison Avenue	$ 65	4,200	$ 22,750
W 57th St & Avenue of America	$ 531	5,100	$ 225,675

Address	$ / SF	SF	Monthly Rent
W 57th St & Avenue of America	$ 531	2,300	$ 101,775

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
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
W 125th St & Adam Clayton Powell Jr. Boulevard	$ 96	20,400	$ 163,200

Address	$ / SF	SF	Monthly Rent
Third Ave & East 49th Street	$ 50	4,300	$ 17,916
Park Ave & East 54th Street	$ 80	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	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 51th 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	SF	Monthly Rent
Seventh Ave & Dr. Martin Luther King Jr. Boulevard	$ 48	15,700	$ 63,454
Park Ave & East 125th Street	$ 48	9,000	$ 36,000
W 125th St & Between Malcolm X Blvd	$ 55	13,700	$ 62,791
W 125th St & Frederick Douglass Boulevard	$ 55	22,500	$ 103,125

Address	$ / SF	SF	Monthly Rent
3rd Ave & Between East 90th Street	$ 73	2,700	$ 16,425
W 181st St & Amsterdam Avenue	$ 41	5,800	$ 19,816
Park Ave & East 125th Street	$ 48	3,700	$ 14,800
W 125th St & Between Malcolm X Blvd	$ 54	4,300	$ 19,350
E 116th St & Lexington Avenue	$ 41	4,000	$ 13,666

Address	$ / SF	SF	Monthly Rent
Seventh Ave & Dr. Martin Luther King Jr. Boulevard	$ 48	2,000	$ 7,916

Address	$ / SF	SF	Monthly Rent
Park Ave & East 130th Street	$ 32	9,000	$ 23,625
E 124th St & Park Avenue	$ 48	9,200	$ 36,800

Address	$ / SF	SF	Monthly Rent
Park Ave & East 130th Street	$ 23	6,500	$ 12,458
E 106th St & Third Avenue	$ 27	5,300	$ 11,925
W 161st St & Broadway	$ 30	5,000	$ 12,708

Address	$ / SF	SF	Monthly Rent
Park Ave & East 130th Street	$ 26	1,600	$ 3,466

Rent Retail 423 W 127th St

Rent Medical Space at 423 W 127th St

Medical Direct Offices
Medical Subleases Offices

Tenants
Nearby Tenants

Office Tenants Rented / Leased 423 West 127th Street

General Services Administration leased 7,000 SF

Nearby Office Tenants Leased

New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
CareMax leased 27,400 SF at 1915 Third Ave
Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
Walgreen~~#s leased 10,000 SF at 1328 Second Ave
The Valley leased 6,750 SF at 1735 Park Ave
The American Academy in Rome leased 6,608 SF at 1 East 60th Street

Nearby Retail Tenants Leased

Wells Fargo leased 6,882 SF at 286 Lenox Avenue
Long's Bedding & Interiors leased 6,165 SF at 1220 Third Avenue
Ricky's NYC leased 5,180 SF at 55 West 125th St
Rebecca Taylor leased 4,338 SF at 980 Madison Ave
Galaxy Medical PC leased 4,239 SF at 68 East 131st St
Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
Swerve Fitness leased 3,500 SF at 1140 Third Avenue
The House of Little People leased 2,800 SF at 401 East 84th St
Envy Corp. leased 2,500 SF at 4261 Broadway
City Mall leased 2,500 SF at 4-14 West 125th Street

$ / 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 423 West 127th Street. This trend is projected to continue. Opportunities for subleases remain available at 423 West 127th Street and in the nearby Upper East Side neighborhood.

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Property Summary

423 West 127th Street Property Overview

Building Address:	423 W 127th St, New York NY 10027
Building Alternate Address:	423 W 127th St
Zip Code:	10027
Neighborhood:	Upper East Side
Borough:	Manhattan
Stories:	7
Year Built:	1936
Building Class:	B
Block & lot:	01967-0060

History of 423 West 127th Street, Manhattan, NYC

423 West 127th Street, located in Harlem, Manhattan, is a commercial building constructed in 1936. The structure stands five stories tall and encompasses approximately 41,800 square feet of office space. It is classified as an Office Only building with a building class of O2 (2-6 Stories). The property consists of two buildings on a lot measuring 16,020 square feet.

The site is historically significant as part of the former Manhattan brewing complex, associated with the legacy of brewing industry activity in this area of Harlem. The broader brewery complex, which includes 423-427 West 127th Street, dates back to expansions undertaken in the early 20th century and was originally part of properties associated with the D.G. Yuengling Brewery Company. This brewing complex operated through various incarnations, including the Excelsior Brewery and later the Manhattan Brewery, before becoming part of the John F. Betz Manhattan Brewery in the late 19th century.

Despite changes over time, including a period of adaptation to other uses during Prohibition and the eventual closure of Horton’s Pilsner Brewing Company in 1941, the building remains a rare surviving relic of Manhattan's industrial past. Preservation efforts have acknowledged the cultural and architectural importance of this site, although the building underwent renovations in 2008 and was last altered in 2009. Today, it stands as a testament to Harlem’s industrial heritage amid ongoing urban development.

Currently owned by Janus Property Company, 423 West 127th Street continues to serve as a commercial office building and hosts various tenants connected to community and development initiatives in West Harlem.

423 West 127th Street, Manhattan, NYC

Address: 423 West 127th Street, New York, NY 10027

Alternate Address: 429 W 127th St, New York, NY 10027

Neighborhood: Harlem, Manhattan

Building Details:

Built in 1936
5 stories
10 commercial units
Lot size: 16,020 sqft
Building size: 41,800 sqft
Building class: Office Only 2-6 Stories (O2)
Last altered in 2009

Property Features:

Located between Amsterdam & Convent Ave
Ground floor commercial space approx. 5,295 sqft, divisible
Approximately 100 ft frontage
30 ft high ceilings
HVAC and ADA-compliant bathroom installed
Mostly open layout with multiple entrances including two drive-ins
Backyard outdoor seating possible
Situated on a two-way route out of Manhattan, near Amsterdam Avenue
Steps from City College of NY, Columbia University, and 125th street retail corridor
Venting options available

Ownership and Market Info:

Purchase Price (2013): $9,816,734
Estimated Market Value (tax assessor): $7,839,000
Estimated Property Tax: $117,924

Building Amenities at 423 W 127th St, Manhattan, NYC

423 West 127th Street is a commercial office building constructed in 1936 with 7 stories and a total size of 26,200 square feet. It is classified as a Class B building.

The building offers surface parking for tenants and visitors.

Located in the Manhattanville neighborhood, it provides easy access to nearby academic institutions such as Columbia University and CUNY, as well as multiple subway lines (1, A, B, C, D) and Metro-North, facilitating convenient transportation.

The building underwent renovations in 2008 to maintain its modern functionality.

Within the vicinity, biotech startups and companies benefit from lab and office spaces equipped with advanced scientific equipment such as autoclaves, chemical fume hoods, microscopy facilities, multiple cold storage spaces, and biohazard and chemical disposal systems, enhancing the professional environment.

Shared amenities in the nearby innovation cluster include conference rooms, phone booths, kitchen and lounge areas designed to foster collaboration and productivity.

Notable tenants at 423 W 127th Street in Manhattan include:

West Harlem Development Corporation: Extended its lease and expanded by 900 square feet in 2021.
Studio Museum in Harlem
Graham Windham
African Services Committee
Dash Media

Internet providers available at 423 W 127th St, Manhattan, NYC are:

Spectrum: Offers cable and fiber services with speeds up to 1 Gbps, starting at $30/month. Spectrum is widely available in Manhattan, including most areas of Harlem where this address is located.
Verizon Fios: Known for high speeds up to 2 Gbps, starting at $49.99/month. However, Verizon Fios' availability in upper Manhattan may vary, especially near Harlem.
Astound Broadband Powered by RCN: Provides both cable and fiber internet with speeds up to 1.5 Gbps. RCN's coverage is spotty in Washington Heights and Inwood but may be available in Harlem depending on the specific location within the area.

Transportation and Cross Streets at 423 W 127th St, Manhattan, NYC

423 West 127th Street is located in Manhattan's Harlem neighborhood, near the intersection of West 127th Street and Adam Clayton Powell Jr. Boulevard.

Nearby Cross Streets

Adam Clayton Powell Jr. Blvd (7th Avenue)
Frederick Douglass Blvd (8th Avenue)
Malcolm X Blvd (Lenox Avenue/6th Avenue)

Public Transportation Options

The nearest subway station is at 125th Street, approximately a 6-minute walk away.

Subway lines serving this area include:

2, 3 lines (Harlem station)
A, D lines (125th Street station on 8th Avenue)
B line (125th Street station on Frederick Douglass Blvd)

Bus lines with stops near West 127th Street:

M10
M125
M2
M101
M7

Popular nearby bus stops include:

Adam C Powell Blvd/W 127 St (1 minute walk)
W 125 St/Frederick Douglass Blvd (3 minute walk)
Malcolm X Blvd/W 127 St (4 minute walk)
Frederick Douglass Blvd/W 127 St (5 minute walk)

Office Tenants Rented / Leased 423 West 127th Street

General Services Administration leased 7,000 SF

Nearby Office Tenants Leased

New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
CareMax leased 27,400 SF at 1915 Third Ave
Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
Walgreen~~#s leased 10,000 SF at 1328 Second Ave
The Valley leased 6,750 SF at 1735 Park Ave
The American Academy in Rome leased 6,608 SF at 1 East 60th Street

Nearby Retail Tenants Leased

Wells Fargo leased 6,882 SF at 286 Lenox Avenue
Long's Bedding & Interiors leased 6,165 SF at 1220 Third Avenue
Ricky's NYC leased 5,180 SF at 55 West 125th St
Rebecca Taylor leased 4,338 SF at 980 Madison Ave
Galaxy Medical PC leased 4,239 SF at 68 East 131st St
Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
Swerve Fitness leased 3,500 SF at 1140 Third Avenue
The House of Little People leased 2,800 SF at 401 East 84th St
Envy Corp. leased 2,500 SF at 4261 Broadway
City Mall leased 2,500 SF at 4-14 West 125th Street

Tenants
Nearby Tenants

Office Tenants Rented / Leased 423 West 127th Street

General Services Administration leased 7,000 SF

Nearby Office Tenants Leased

New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
CareMax leased 27,400 SF at 1915 Third Ave
Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
Walgreen~~#s leased 10,000 SF at 1328 Second Ave
The Valley leased 6,750 SF at 1735 Park Ave
The American Academy in Rome leased 6,608 SF at 1 East 60th Street

Nearby Retail Tenants Leased

Wells Fargo leased 6,882 SF at 286 Lenox Avenue
Long's Bedding & Interiors leased 6,165 SF at 1220 Third Avenue
Ricky's NYC leased 5,180 SF at 55 West 125th St
Rebecca Taylor leased 4,338 SF at 980 Madison Ave
Galaxy Medical PC leased 4,239 SF at 68 East 131st St
Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
Swerve Fitness leased 3,500 SF at 1140 Third Avenue
The House of Little People leased 2,800 SF at 401 East 84th St
Envy Corp. leased 2,500 SF at 4261 Broadway
City Mall leased 2,500 SF at 4-14 West 125th Street

ConnectivCorp Testimonial

To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a sublease at 29 West 57th Street. They were 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. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Robert Miller Co-Chairman

🤝 Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords. ⚖️ Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price. 🗂️ Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts. 🐷 Cost Savings: They negotiate rental price and identify/abate "hidden costs."
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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) FORLEASE 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 Fee Free Expert Representation Public Websites (Limited/Dated) BROKER DATABASES & NETWORKS (Off-Market, Subleases, Future Availabilities) FREE RENT TI ALLOWANCE (Build-out Cash) OPEX CAPS (Limit Increases) LEASE FLEXIBILITY (Renewal/Expansion Options) 5. Time Savings & Process Management 6. Mitigating Risk (the “Gotchas”) Searching, Scheduling, RFPs Outsourced RE Dept. (Curated Options, Timeline Management) Restoration Clauses Holdover Penalties LEASE PROTECTION Spots Pitfalls in LOI & Lease 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.