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 373 office spaces for lease in the Murray Hill neighborhood, totaling 2,512,912 Sqft of available office space. The office space availability for the 10016 zip code is 3,148,253 Sqft, in 416 office spaces. The average asking office rent per sq. ft. in Murray Hill is $55.73/sqft/year. For Class A+ office buildings the average office rate is $78/sqft/year, for Class A office buildings the average office rate is $52.5/sqft/year, for Class B office buildings the average office rate is $48.67/sqft/year.
In Murray Hill, there are 57 class B office buildings. In Murray Hill, there are a total of 5 LEED certified office buildings. In 1911, the same year 16 East 40th Street was built, 350 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.