16 East 40th Street - Office Space Availability

For LeaseContact for pricing See below for details.

16 East 40th Street, New York, NY 10016

  • Office
  • 17,773 Sqft

16 East 40th Street, New York, NY 10016 - Office Space for rent

16 East 40th Street is located at 16 East 40th Street in the Murray Hill neighborhood, NY, New York, 10016. The Class B Office building was completed in 1911 and features a total of 92,000 Sqft. There are 3 Office spaces available for lease at 16 East 40th Street, New York, NY, 10016, totaling 17,773 Sqft. The largest space available has 7,800 Sqft and a rental rate of Negotiable.

There are 296 office spaces for lease in the Murray Hill neighborhood, totaling 1,809,525 Sqft of available office space. The office space availability for the 10016 zip code is 2,186,879.68 Sqft, in 286 office spaces. The average asking office rent per sq. ft. in Murray Hill is $70.33/sqft/year. For Class A office buildings the average office rate is $70.33/sqft/year, for Class B office buildings the average office rate is $62.6/sqft/year.

In Murray Hill, there are 48 class B office buildings. In Murray Hill, there are a total of 3 LEED certified office buildings. In 1911, the same year 16 East 40th Street was built, 316 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 4,611,183 square feet of commercial space. At zip code level, there are 114 commercial properties, of which 113 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price Contact for pricing
  • City New York
  • Neighborhood Murray Hill
  • Zip Code 10016
  • Market Manhattan
  • Property Type Office
  • Property Size 92,000 Sqft
  • Building Class B
  • Year Built 1911
  • Date Updated 03 Aug, 2020

Availability

Suite Name Space Type Lease Rate Space Available
3 Floor General Office Negotiable 7,800 Sqft
  • Suite 3 Floor
  • Space Type General Office
  • Total Space Available 7,800 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 7,800 Sqft
  • Max Contiguous 7,800 Sqft
  • Lease Rate Negotiable
  • Possession Type Immediate
  • Lease Type Full Service
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

James P. Cassidy

Cushman & Wakefield

(212) 841-9260

12 Floor General Office Negotiable 7,800 Sqft
  • Suite 12 Floor
  • Space Type General Office
  • Total Space Available 7,800 Sqft
  • Floor From 12 To 12
  • Divisible Space Yes
  • Min Divisible 5,000 Sqft
  • Max Contiguous 7,800 Sqft
  • Lease Rate Negotiable
  • Possession Type Immediate
  • Lease Type Full Service
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

James P. Cassidy

Cushman & Wakefield

(212) 841-9260

Partial 7 Floor General Office Negotiable 2,173 Sqft
  • Suite Partial 7 Floor
  • Space Type General Office
  • Total Space Available 2,173 Sqft
  • Floor From 7 To 7
  • Divisible Space No
  • Min Divisible 2,173 Sqft
  • Max Contiguous 2,173 Sqft
  • Lease Rate Negotiable
  • Possession Type Immediate
  • Lease Type Full Service
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

James P. Cassidy

Cushman & Wakefield

(212) 841-9260

Description

A 12-story structure with approximately 85,200 rentable square feet, built in 1911.

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 16 East 40th Street?

There are currently 3 office spaces in this building.

What is the largest space available at 16 East 40th Street?

Currently, the largest rentable space at 16 East 40th Street totals 7,800 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 16 East 40th Street is Negotiable per square foot.

What is the total square footage of 16 East 40th Street?

16 East 40th Street totals 92,000 square feet.

When was this property built?

16 East 40th Street was built in 1911.

Murray Hill Demographics

The average household income in zip code 10016 is $166,745, from a total of 28,916 households. In terms of employment, there are 97.46 % white-collar and 2.54 % blue-collar jobs in zip code 10016.

Population

  • Total Population25,163
  • Male Population(47.1 %) 11,860
  • Female Population(52.9 %) 13,302
  • Median Age37.00

Income/Financial

  • Average Household Income$161,816
  • Median Household Income$122,255
  • Median Income Under 25$83,620
  • Median Income 25-44$143,455
  • Median Income 45-64$132,868
  • Median Income Over 65$60,400

Leasing Contact Register now to add listings

James P. Cassidy

Cushman & Wakefield

(212) 841-9260

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