Two-Floor Penthouse
For Lease
Contact for pricing
124 E 40th St, New York, NY 10016
Two-floor penthouse office with 24/7 lobby concierge in a high foot-traffic area near Grand Central.
Property Size2,032 SF
Days on Market858
Property Features for 124 E 40th St
General Information
Standard status
Active
Size
2,032 SF
Property subtype
OFFICE
Listing Agency:
Solil Management, LLC
(212) 506-0448
Listed By:
Nicholas Forelli
(212) 506-0448
Source:
Moodyscre
Added: Mar 26, 2024
Changed: Jul 30
Last Checked: Jul 30 at 10:22AM
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 Solil Management, LLC
Investment Insights
Based on property information with market context.
Located at 124 E 40th St in New York, this two-floor penthouse office space totals 2,032 SF. The building includes a 24/7 lobby concierge and is positioned in a high foot-traffic area.
The space is described as being in close proximity to Grand Central Station and the 4, 5, 6, 7, B, D, F, M, and S trains, providing convenient access for employees and visitors.
The office configuration includes penthouse-style space spread across two levels, supported by staffed building amenities through the 24/7 lobby concierge.
The space is described as being in close proximity to Grand Central Station and the 4, 5, 6, 7, B, D, F, M, and S trains, providing convenient access for employees and visitors.
The office configuration includes penthouse-style space spread across two levels, supported by staffed building amenities through the 24/7 lobby concierge.
Key Highlights
- 2,032 SF two‑floor penthouse office space
- 24/7 lobby concierge service
- High foot‑traffic area
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
79,335
Businesses Nearby
Explore this area
Business Placement
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
$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Two-floor penthouse office with 24/7 lobby concierge in a high foot-traffic area near Grand Central.
Where is this office building located?
The property is located at 124 E 40th St New York, NY.
What are key features of this property?
This property features: 2,032 SF two‑floor penthouse office space; 24/7 lobby concierge service; High foot‑traffic area
