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

Historic 1929 office tower totaling about 347,400 rentable square feet across 48 stories.

Space SizeContact for details
Property Size13,106 SF
Days on Market830

Property Features for 10 E 40th St

General Information

Standard status Active
Size 13,106 SF
Property subtype OFFICE

Building Details

Year Built 1929
Stories 48
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Theodora Livadiotis
Source: Moodyscre
Added: Apr 26, 2024 Changed: Jul 26 Last Checked: Aug 3 at 8:17AM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This historic office tower was built in 1929 and rises to 48 stories, offering approximately 347,400 rentable square feet of office space.

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

The property is offered for rent.

Key Highlights

  • Historic 1929 office tower
  • 48‑story building totaling approximately 347,400 rentable SF

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 - Historic 1929 office tower totaling about 347,400 rentable square feet across 48 stories.
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: Historic 1929 office tower; 48‑story building totaling approximately 347,400 rentable SF
(212) 698-2694 Call to check price and availability
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