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Rent Office 510 W 42nd Street
Lease Office 510 W 42nd St
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Please notify me when a new space is available
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| Type of Space | Class A/month | Class B/month | Class C/month |
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| Windowed office/person | $ 2100 | $ 3045 | $ 775 |
| Interior office/person | $ 1350 | $ 2545 | $ 525 |
| Team Rooms | $ 10100 | $ 9795 | $ 5025 |
| Suites | $ 20100 | $ 13795 | $ 7025 |
Nearby office Spaces for Rent
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Retail Spaces for Rent at 510 W 42nd St
Rent Retail 510 W 42nd St
| $ / SF | SF | Monthly Rent |
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| Negotiable | 5,400 |
Negotiable |
| $ / SF | SF | Monthly Rent |
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| $ 168 | 1,200 |
$ 16,800 |
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Rent Medical Space at 510 W 42nd St
Rent 510 W 42nd St Property Overview
| Building Address: | 510 W 42nd St, New York NY 10036 |
| Building Name: | City Boutique |
| Zip Code: | 10036 |
| Neighborhood: | Midtown West/Times Square |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1960 |
| Building Class: | B |
History of 510 West 42nd Street, Manhattan, NYC
510 West 42nd Street, located in the Clinton neighborhood of Manhattan, was originally constructed in 1960. The building is classified as a Full Service Hotel (H2) and has a total floor area of 78,333 square feet spread over 3 stories. It sits on a lot measuring 24,850 square feet.
Over the years, the property has maintained its hospitality function and was known as the Cachet Boutique New York Hotel. In early 2024, Merchants Hospitality surrendered its $24 million ground lease controlling the hotel, indicating a notable change in the building's operational management.
Currently, the building is undergoing renovations as of 2025 to update and improve its facilities, continuing its role as a boutique lifestyle hotel. The renovations aim to enhance amenities including a fitness center, restaurant, patio, event spaces, and modern internet access, aligning with contemporary hospitality standards.
According to tax records, as of 2024, the building holds a tax assessor's market value of approximately $19.6 million, reflecting its established presence and value in the Midtown West area of Manhattan between Tenth and Eleventh Avenues.
510 West 42nd Street, Manhattan, NY 10036
| Property Type | Hospitality (Hotel) |
| Subtype | Full Service Boutique Hotel |
| Building Size | 78,333 SF |
| Year Built/Renovated | 1960 / 2025 Renovation |
| Hotel Name | Cachet Boutique Hotel NYC |
| Features | Fitness Center • Restaurant • Meeting Spaces • Boutique Hotel |
Leasable Retail Spaces
Space A: 3,692 SF + Basement
Space B: 9,334 SF (Former Playboy Club)
Surrounding Area: Hell's Kitchen • Near Times Square • Between 10th/11th Aves
| Tax Assessed Value | $19,610,000 |
| 2024-25 Property Tax | $949,044 |
Cachet Boutique Hotel Amenities at 510 W 42nd St, NYC
General Amenities:
- 24-hour Front Desk
- 24-hour Fitness Center
- Smoke-Free Premises
- Free High-Speed Wi-Fi
- Meeting and Banquet Rooms
- Luggage Storage
- Dry Cleaning/Laundry Services
- On-site Dining: Restaurant & Bar/Lounge
Leisure and Sports:
- 24-hour Fitness Center
- Sauna
- Jacuzzi
- Night Club (additional fee)
- Garden Area
Business Amenities:
- 24-hour Business Center
- Meeting/Banquet Facilities
Room Amenities:
- Premium Bedding
- Rainfall Showerhead
- 42-inch Flat-Screen TV
- iPod Dock
- Designer Toiletries
- Blackout Drapes
Other Features:
- No Pool (some reports may incorrectly list one)
- No On-site Parking (parking may be available off-site for a fee)
- Pets Allowed for Service Animals Complying with ADA
510 West 42nd Street, located in Manhattan's Hell's Kitchen neighborhood, is primarily associated with the Cachet Boutique Hotel. Currently, there is no specific information available about office tenants renting or leasing space at this location. The building is more known for its hospitality services and retail opportunities nearby.
The area offers convenient access to Times Square, Chelsea, and the Javits Center, making it a vibrant location for both businesses and tourists.
Neighboring retail businesses include Pets on Broadway, Drybar, and F45 Training, contributing to the area's diverse commercial landscape.
Internet Providers at 510 W 42nd St, NYC
Building Amenities: High-speed internet access & public WiFi available
Top Providers (Based on Manhattan Coverage)
- Verizon Fios - Fiber plans up to 2.3Gbps ($49.99+/mo)
- Astound Broadband (RCN) - 1.5Gbps fiber/cable ($35+/mo)
- Spectrum - 1Gbps cable ($40+/mo)
- 5G Home Internet - Verizon/T-Mobile (72-245Mbps)
Exact availability requires address verification with providers.
Location: 510 W 42nd St, Manhattan, NYC
Transportation Options:
- Subway: The nearest subway station is the Port Authority-42 St (A, C, E, N, R, W, 1, 2, 3, 7, S trains). Additionally, Times Sq-42 St (N, Q, R, W, S, 1, 2, 3, 7 trains) is nearby.
- Bus: Bus stops at W 42nd St & 10th Ave and W 42 St/10 Av are within walking distance.
Cross Streets: 10th Avenue and 9th Avenue.
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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.