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Historic Office Tower
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10 E 40th St, New York, NY 10016

48-story office tower built in 1929, offering approximately 347,400 rentable square feet for lease.

Space Size16,500 SF
Days on Market416

Property Features for 10 E 40th St

General Information

Standard status Active
Size 16,500 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Neighborhood Midtown Manhattan

Building Details

Year Built 1929
Stories 48

Spaces For Lease

at 10 E 40th St
Chase Tower AVAILABLE, Now
Floor 5
Size 16,500 SF
Type OFFICE
Lease Type GROSS
Sublease No
- A 48-story structure with approximately 347,400 rentable square feet, built in 1929.
Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Ethan Silverstein
Source: Moodyscre
Added: Sep 12, 2025 Changed: Oct 26 Last Checked: Nov 1 at 8:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Midtown Manhattan

Rey
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Investment Insights

Based on property information with market context.

This 48-story office tower was built in 1929 and offers approximately 347,400 rentable square feet available for lease. The building is a substantial, long-established office property designed for tenants seeking space within a high-rise office structure.

The property is located at 10 E 40th St in New York, New York.

Key Highlights

  • 48‑story office tower built in 1929
  • Approximately 347,400 rentable square feet available for lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cotswold Industries Inc Industrial Manufacturer Dorothea W. Regal Law Firm GA Dental Practice Life Coach IT Craft - Software ... (Bike/Boat/Book/etc) Store Big Sky Editorial ... Film Production

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Buffet Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

91,796
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$51.45 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
41,254 SF
Avg Space Size

This space is priced 26% above the average of $51.45 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - 48-story office tower built in 1929, offering approximately 347,400 rentable square feet for lease.
Where is this office building located?
The property is located at 10 E 40th St New York, NY.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: 48‑story office tower built in 1929; Approximately 347,400 rentable square feet available for lease
(212) 698-2694 Call to check price and availability
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