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Rent Office 450 West 31st Street, New York, NY

$ / SF / Yr SF Monthly Rent
Negotiable
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Bryant Park & Sixth Avenue $ 60
14,000
$ 70,000
Penn Plaza & West 33rd Street $ 41.5
29,000
$ 100,291
Broadway & West 36th Street $ 48
11,700
$ 46,800
Address $ / SF / Yr SF Monthly Rent
Broadway & West 36th Street $ 55.5
3,200
$ 14,800
Broadway & West 41st Street $ 56.5
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 71
4,300
$ 25,441
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF / Yr SF Monthly Rent
W 40th St & Seventh Avenue $ 38
15,100
$ 47,816
W 37th St & Avenue of the Americas $ 34.5
10,200
$ 29,325
W 37th St & Sixth Avenue $ 33.5
11,400
$ 31,825
Broadway & West 37th Street $ 42
11,100
$ 38,850
Ninth Ave & West 34th Street $ 35
24,600
$ 71,750
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between Fifth Avenue $ 50
3,200
$ 13,333
W 37th St & Sixth Avenue $ 35
3,500
$ 10,208
Address $ / SF / Yr SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 46.5
2,200
$ 8,525
W 36th St & Between Eighth Avenue $ 38
1,600
$ 5,066
Address $ / SF / Yr SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eighth Avenue $ 33
7,800
$ 21,450
W 30th St & Fifth Avenue $ 30
7,100
$ 17,750
Address $ / SF / Yr SF Monthly Rent
Broadway & West 32nd Street $ 46.28
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Fifth Avenue $ 33
5,000
$ 13,750
Penn Plaza & West 30th Street $ 48
2,500
$ 10,000
W 36th St & Eighth Avenue $ 35.5
6,000
$ 17,750
W 35th St & Seventh Avenue $ 35.5
5,300
$ 15,679
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
Address $ / SF / Yr SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
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
Broadway & West 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of the Americas $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70.5
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56.5
17,600
$ 82,866
Ninth Ave & Between Dyer Avenue $ 128.5
9,400
$ 100,658
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between Seventh Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 65.5
4,600
$ 25,108
2 & West 31st Street $ 140.5
5,300
$ 62,054
W 40th St & Avenue of the Americas $ 73
2,900
$ 17,641
Fifth Ave & West 38th Street $ 61
3,800
$ 19,316
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
W 37th St & Between Fifth Avenue $ 62.5
3,200
$ 16,666
Broadway & West 37th Street $ 67.5
5,500
$ 30,937
Address $ / SF / Yr SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 67.5
2,300
$ 12,937
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of the Americas $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40.5
9,300
$ 31,387
7th Ave & Between Seventh Avenue $ 55.5
7,800
$ 36,075
Seventh Ave & West 35th Street $ 46.5
10,000
$ 38,750
Eighth Ave & West 36th Street $ 40.5
7,500
$ 25,312
Eighth Ave & Between Eighth Avenue $ 40
7,900
$ 26,333
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,666
Broadway & West 32nd Street $ 44
9,800
$ 35,933
W 38th St & Fifth Avenue $ 62
7,500
$ 38,750
Fifth Ave & West 34th Street $ 49
7,400
$ 30,216
Tenth Ave & West 37th Street $ 49.5
7,900
$ 32,587
W 33rd St & Fifth Avenue $ 40.5
7,100
$ 23,962
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF / Yr SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eighth Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between Eighth Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF / Yr SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Eighth Avenue $ 35
1,600
$ 4,666
W 38th St & Fifth Avenue $ 35
2,200
$ 6,416
Seventh Ave & West 40th Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of the Americas $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 38th St & Eighth Avenue $ 35
2,000
$ 5,833
W 34th St & Avenue of the Americas $ 45
2,000
$ 7,500
7th Ave & Between Seventh Avenue $ 57
1,600
$ 7,600
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & Fifth Avenue $ 39
8,100
$ 26,325
W 35th St & Fifth Avenue $ 41.5
8,200
$ 28,358
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
Broadway & West 31st Street $ 50
7,700
$ 32,083
W 37th St & Eighth Avenue $ 46.5
10,000
$ 38,750
W 35th St & Broadway $ 36.5
7,700
$ 23,420
W 37th St & Avenue of the Americas $ 38.5
7,200
$ 23,100
W 36th St & Eighth Avenue $ 29.5
9,500
$ 23,354
W 36th St & Ninth Avenue $ 36.5
8,500
$ 25,854
Address $ / SF / Yr SF Monthly Rent
W 40th St & Eighth Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 44.5
2,600
$ 9,641
W 36th St & Between Broadway $ 33
6,000
$ 16,500
W 35th St & Seventh Avenue $ 36.5
4,400
$ 13,383
W 37th St & Ninth Avenue $ 40.39
4,600
$ 15,482
W 38th St & Fifth Avenue $ 39
2,700
$ 8,775
W 39th St & Fifth Avenue $ 43
6,500
$ 23,291
Address $ / SF / Yr SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 39th St & Eighth Avenue $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 35.5
2,300
$ 6,804

Retail Spaces for Rent at 450 W 31st St

Rent Retail 450 W 31st St

Rent Medical Space at 450 W 31st St

Nearby Office Tenants Leased
  • Pearl Spaces LLC leased 23,500 SF at 500 Eighth Ave
  • Natalie Footwear, Inc. leased 23,389 SF at 34 West 33rd Street
  • ASI System Integration leased 23,050 SF at 48 West 37th St
  • Zero Point Zero Productions leased 22,739 SF at 875 Avenue of the Americas
  • Pem America, Inc leased 22,574 SF at 70 West 36th St
  • Terra Bruce Productions leased 21,635 SF at 220 West 42nd St
  • The New Dance Group leased 21,000 SF at 575 Eighth Ave
  • WeWork leased 19,150 SF at 224 West 29th St
  • Broadway Suites LLC leased 16,700 SF at 5 West 37th St
  • F. Schumacher leased 15,936 SF at 875 Sixth Avenue
Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Serenity Salon leased 2,500 SF at 18 West 33rd St
  • Caliguiri's leased 2,500 SF at 650 West 42nd St
  • United Nude leased 2,486 SF at 146 West 29th St
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th Street
  • Queens of Queens Nail Salon leased 2,200 SF at 555 Tenth Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • RadioShack leased 2,000 SF at 1357 Broadway
  • Pret A Manger leased 1,939 SF at One Penn Plaza
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective:

Strategically positioned at the intersection of the Penn District and Hudson Yards, 450 West 31st Street represents a premier opportunity for firms seeking high-ceiling creative office space in Manhattan’s most transformative submarket. This asset capitalizes on the massive infrastructure investment in Midtown West, offering unparalleled proximity to the High Line and major transit hubs. For occupiers prioritizing a sophisticated industrial aesthetic combined with elite neighborhood amenities, this location offers a distinct competitive advantage and long-term value in the evolving New York City commercial landscape.

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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 a 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

450 West 31st Street, New York, NY Property Overview

Building Address: 450 W 31st St, New York NY 10001
Building Name: Cooperative
Building Alternate Address: 450 W 31st St, New York, NY
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:0
Year Built:1918
Building Class:C
Block & lot:00728-0060

450 West 31st Street, Manhattan, NYC

Overview

450 West 31st Street is a 12-story office building located in the Chelsea neighborhood of Manhattan, NYC. The property was originally constructed in 1918, marking it as 107 years old.

Building Details

  • Year Built: 1918
  • Location: Chelsea and Penn Plaza/Garment neighborhoods
  • Stories: 12
  • Total Square Footage: 112,146 SF
  • Lot Size: Approximately 13,900 SF

Significant Events

  • Purchase History: Purchased for $1,400,000 in 2012
  • Renovations: Underwent significant alterations in 2016
  • Capital Improvements: Recently completed a fully-funded capital improvement program including new elevators and other upgrades

  • Tax Assessor's Market Value: Approximately $18,372,000 as of the latest assessment

450 West 31st Street is a prominent office building located in the heart of Manhattan, New York City, specifically within the Chelsea neighborhood (zip code 10001). The building is situated near key landmarks such as the Hudson Yards, Penn Station, and the High Line. Originally built in 1918, it has undergone renovations, including a major capital improvement program that included new elevators. The property features a mix of office spaces and offers amenities like high ceilings, large windows, and a dedicated basement storage area. The building is also known for its historical significance, having been the original home of the Runkel Brothers Chocolate and Cocoa Company.

The building's dimensions are 133 ft x 109 ft, with a total area of approximately 112,146 square feet across 12 floors. It is close to several subway lines, including the new 7 train extension, making it an accessible location for both employees and visitors. Nearby attractions include cultural institutions, residential developments, and retail spaces.

Historically, the building was purchased for $1,400,000 in 2012. Its current tax status includes an estimated annual property tax of around $821,510. The building's market value is assessed at $18,372,000, with an assessed value of $8,267,400.


Building Amenities at 450 W 31st St, Manhattan, NYC

  • 24/7 Access
  • Bus Line
  • Metro/Subway
  • Air Conditioning
  • Large Freight Elevator
  • Loading Dock
  • Refurbished Passenger Elevators
  • Heavy Floor Load Capabilities
  • Wraparound Terrace with Views of Hudson Yards
  • High Ceilings and Large Windows
  • Recently Upgraded with New Elevators
  • Large Dedicated Basement Storage

Office Space at 450 W 31st St, Manhattan, NYC

450 W 31st St is a 12-story commercial building located in the Chelsea neighborhood of Manhattan, offering modern office spaces for rent. The property features a blend of historic charm with contemporary amenities, making it a desirable location for businesses.

Building Features

  • 24/7 access
  • Large freight elevator and refurbished passenger elevator
  • Heavy floor load and electric power
  • Easy access to major subway lines and transportation hubs
  • Great tenant roster
  • Walking distance to Penn Station
  • Recent capital improvements including new elevators

Available Office Spaces

Unit Size Rent/Lease
7th Floor 4,030 Sq. Ft. $44/SQFT/month
9th Floor 3,930 Sq. Ft. Inquire for rent
Entire 12th Floor 9,360 RSF Contact for pricing

Internet Service Providers

  • Verizon - Fios with speeds up to 2 Gbps
  • Astound Broadband (RCN) - Up to 1.5 Gbps
  • Spectrum - Up to 1 Gbps

In the vicinity of 450 W 31st Street, Manhattan, NYC, several internet providers are available. However, specific internet availability within the building cannot be determined without an address or zip code check.

Common internet providers in this area include:

  • Spectrum: Known for widespread availability and cable services.
  • Verizon Fios: Offers high-speed fiber internet with coverage in much of Manhattan.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services with expanding fiber coverage.

To get precise availability for a specific unit, checking with local providers or using their zip code tools is recommended.


Transportation Near 450 W 31st St, Manhattan

Subway Access

The following subway lines have routes that pass near 450 W 31st St:

  • Lines: 2, 3, A, E, 7

Train Services

Nearby train services include:

  • Empire Service
  • Far Rockaway Branch
  • Long Beach Branch
  • Port Jefferson Branch
  • Port Washington Branch

Bus Services

The following bus routes serve the area:

  • 34TH ST
  • 42ND ST
  • Q32
  • CHELSEA
  • M34-SBS
  • SIM23
  • SIM24

Nearby Bus Stops

Walking distance to the nearest bus stops:

  • W 34th Ave & 9th Ave - 1 min walk
  • W 34th St & 9th Ave (Westbound) - 2 min walk
  • 9th Ave & W 30th St - 2 min walk
  • New York Midtown (31st St & 8th Ave) - 4 min walk
  • 8 Av/W 31 St - 5 min walk

Nearby Cross Streets

The cross streets at 450 W 31st St include:

  • 31st St & 8th Ave
  • 31st St & 9th Ave
  • 30th St & 8th Ave
  • 30th St & 9th Ave
Nearby Office Tenants Leased
  • Pearl Spaces LLC leased 23,500 SF at 500 Eighth Ave
  • Natalie Footwear, Inc. leased 23,389 SF at 34 West 33rd Street
  • ASI System Integration leased 23,050 SF at 48 West 37th St
  • Zero Point Zero Productions leased 22,739 SF at 875 Avenue of the Americas
  • Pem America, Inc leased 22,574 SF at 70 West 36th St
  • Terra Bruce Productions leased 21,635 SF at 220 West 42nd St
  • The New Dance Group leased 21,000 SF at 575 Eighth Ave
  • WeWork leased 19,150 SF at 224 West 29th St
  • Broadway Suites LLC leased 16,700 SF at 5 West 37th St
  • F. Schumacher leased 15,936 SF at 875 Sixth Avenue
Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Serenity Salon leased 2,500 SF at 18 West 33rd St
  • Caliguiri's leased 2,500 SF at 650 West 42nd St
  • United Nude leased 2,486 SF at 146 West 29th St
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th Street
  • Queens of Queens Nail Salon leased 2,200 SF at 555 Tenth Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • RadioShack leased 2,000 SF at 1357 Broadway
  • Pret A Manger leased 1,939 SF at One Penn Plaza

Belzberg Technologies Inc Testimonial

Belzberg Technologies Inc testimonial To Whom It May Concern, Stephen Sunderland and the team at Optimal Spaces Inc. Inc. have handled a number of transactions for Belzberg Technologies in New York, Philadelphia, and Chicago. In New York alone, Optimal Spaces Inc. recently saved us almost a million dollars by finding a fully built data facility when we were about to build one. The team at Optimal Spaces Inc. was personable, hardworking, trustworthy and was able to both quickly and effectively determine our needs and find the appropriate solution. Belzberg Technologies continues to use Optimal Spaces Inc. for all its real estate needs and I would highly recommend their services to anyone attempting to navigate the commercial real estate market in New York. Please feel free to contact me at (212) 943-1400 Sydney Belzberg Chairman Belzberg Technologies (USA) Inc.

Office Buildings in Penn Plaza/Garment

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