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Office Building Near Transit
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240 W 35th St, New York, NY 10001

Centrally located office space steps from major rail and transit hubs, surrounded by prominent retail and service tenants.

Property Size11,070 SF
Days on Market1206

Property Features for 240 W 35th St

General Information

Standard status Active
Size 11,070 SF
Property subtype OFFICE
Listing Agency: Lee & Associates | New York City
Listed By: Stephanie Moore
Source: Moodyscre
Added: Apr 12, 2023 Changed: Jul 26 Last Checked: Jul 30 at 12:33PM

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 Lee & Associates | New York City

Investment Insights

Based on property information with market context.

This centrally located office building offers a well-connected setup for companies seeking convenient access in Midtown Manhattan. The building is positioned steps from The Moynihan Train Hall and is between Penn Station and Port Authority.

Nearby amenities and established brands include Facebook, Amazon, Macy’s, Peloton, Whole Foods, Shops at Manhattan West, Starbucks, Best Bagels, Planet Fitness, and Staples. Transit options in the immediate area include multiple subway and rail services, with nearby connections to lines including 1, 2, 3, 7, A, C, E, B, D, F, M, N, Q, R, W, LIRR, Amtrak, NJ Transit, PATH, and Port Authority NY NJ, plus CitiBike.

The property is offered for rent and totals 11,070 square feet. For more details on availability and layout, contact the leasing team.

Key Highlights

  • Steps from The Moynihan Train Hall and centrally located between Penn Station and Port Authority
  • Close to Hudson Yards and Herald Square
  • Surrounded by prominent retail and service tenants including Macy’s, Whole Foods, and Starbucks

Property Analytics

Current Use

Spanish-American Institute Language School My Website | Just ... Marketing & Advertising Kane Michael Law Firm Jwu LLC Clothing & Fashion Store Hinman Consulting Engineers Engineering Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Clothing & Fashion Store Locksmith

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

63,238
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
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

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 - Centrally located office space steps from major rail and transit hubs, surrounded by prominent retail and service tenants.
Where is this office building located?
The property is located at 240 W 35th St New York, NY.
What are key features of this property?
This property features: Steps from The Moynihan Train Hall and centrally located between Penn Station and Port Authority; Close to Hudson Yards and Herald Square; Surrounded by prominent retail and service tenants including Macy’s, Whole Foods, and Starbucks
(212) 776-1283 Call to check price and availability
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