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

For lease: a 48-story office structure built in 1929 with approximately 347,400 rentable square feet.

Space SizeContact for details
Property Size15,505 SF
Days on Market720

Property Features for 10 E 40th St

General Information

Standard status Active
Size 15,505 SF
Property subtype OFFICE
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Theodora Livadiotis
Source: Moodyscre
Added: Aug 14, 2024 Changed: Jul 28 Last Checked: Aug 3 at 1:21PM

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

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 of workspace. The property is positioned for tenants seeking space in a large, established office building with a long operating history.

Located at 10 E 40th St in New York, NY 10016, the building is available for lease.

Additional leasing specifics, including available suite size and configuration, are not provided in the information available here.

Key Highlights

  • 48‑story office structure built in 1929
  • Approximately 347,400 rentable square feet

Property 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 Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Buffet Locksmith Parking Lot & Garage

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

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

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - For lease: a 48-story office structure built in 1929 with approximately 347,400 rentable square feet.
Where is this office building located?
The property is located at 10 E 40th St New York, NY.
What are key features of this property?
This property features: 48‑story office structure built in 1929; Approximately 347,400 rentable square feet
(212) 698-2694 Call to check price and availability
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