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Forty-Eight-Story Office Building
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10 E 40th St, New York, NY 10016

Forty-eight-story office building with a large rentable area, built in 1929.

Space SizeContact for details
Property Size347,400 SF
Days on Market1226

Property Features for 10 E 40th St

General Information

Standard status Active
Size 347,400 SF
Property subtype OFFICE

Building Details

Year Built 1929
Stories 48
Building Size 347,400 SF
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Theodora Livadiotis
Source: Moodyscre
Added: Mar 27, 2023 Changed: Jul 30 Last Checked: Aug 3 at 1:33PM

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 forty-eight-story office building was constructed in 1929 and offers approximately 347,400 rentable square feet of office space. The building is designed to support office tenancy across multiple floors.

The property is located at 10 E 40th St, New York, NY 10016.

Given its size and multi-story configuration, the building can be a fit for office users looking for substantial floor plate options within a long-established high-rise office structure.

Key Highlights

  • Forty‑eight‑story office building
  • Approximately 347,400 rentable square feet
  • Built in 1929

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 - Forty-eight-story office building with a large rentable area, built in 1929.
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: Forty‑eight‑story office building; Approximately 347,400 rentable square feet; Built in 1929
(212) 698-2694 Call to check price and availability
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