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Furnished Executive Office Suites
For Lease
$2,000/Mo per office

4000-60 E 42nd St, New York, NY 10017

Private, handsomely furnished offices in a renovated building with direct covered access to Grand Central Terminal.

Space SizeContact for details
Days on Market625

Property Features for 4000-60 E 42nd St

General Information

Standard status Active
Listing Agency: Houlihan Lawrence Commercial
Listed By: Garry Klein · License #10301208172
Source: Exprealty
Added: Nov 25, 2024 Changed: Jul 10 Last Checked: Aug 11 at 11:17AM

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 Houlihan Lawrence Commercial

Investment Insights

Based on property information with market context.

Stark Office Suites Midtown offers private, handsomely furnished executive office suites in a semi-private setting. Suites are located on the 40th, 46th, and 47th floors of One Grand Central Place, a beautifully renovated office property. The business environment includes attentive support staff, with state-of-the-art technology and fiber optic services for day-to-day operations.

The offices provide direct covered access to Grand Central Terminal, creating a convenient commute option for tenants and visitors. The suites are positioned for unobstructed views of New York City, as described for the building.

This space is designed for professionals and businesses that want an office arrangement outside of a home setting without giving up private work areas. The furnished configuration and included services support teams that value streamlined setup and reliable communications. Lease terms are available for periods over 12 months, 12 months, or 6–12 months, with additional membership options also referenced in the offering.

Key Highlights

  • Private, handsomely furnished executive office suites on the 40th, 46th, and 47th floors of One Grand Central Place
  • Direct covered access to Grand Central Terminal
  • Suites in a beautifully renovated building with unobstructed NYC views

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Bar & Pub

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

5,382
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$47.92 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,508 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 units - Private, handsomely furnished offices in a renovated building with direct covered access to Grand Central Terminal.
Where is this office units located?
The property is located at 4000-60 E 42nd St New York, NY.
What is the lease rate?
The lease rate is $2,000/Mo per office.
What are key features of this property?
This property features: Private, handsomely furnished executive office suites on the 40th, 46th, and 47th floors of One Grand Central Place; Direct covered access to Grand Central Terminal; Suites in a beautifully renovated building with unobstructed NYC views
More about this property
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