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Centrally Located Office Building
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240 W 35th St, New York, NY 10001

Office building steps from major Midtown transit hubs, including Moynihan Train Hall and Hudson Yards.

Property Size10,969 SF
Days on Market1206

Property Features for 240 W 35th St

General Information

Standard status Active
Size 10,969 SF
Property subtype OFFICE
Listing Agency: Lee & Associates | New York City
Listed By: Stephanie Moore
Source: Moodyscre
Added: Apr 12, 2023 Changed: Jul 28 Last Checked: Jul 30 at 9:27AM

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.

Centrally located between Penn Station and Port Authority, this office building is steps from The Moynihan Train Hall, Hudson Yards, and Herald Square. The surrounding tenant mix includes well-known brands such as Facebook, Amazon, Macy’s, Peloton, Whole Foods, and Starbucks, along with fitness and retail options like Planet Fitness and Staples.

The property benefits from close proximity to major subway and rail services, including the 1, 2, 3, 7 lines and the A, C, E, B, D, F, M, N, Q, R, W, and LIRR connections. It is also near Amtrak, NJ Transit, PATH, Port Authority NY/NJ, and CitiBike.

This is a for-rent office asset at 240 W 35th St, New York, NY 10001.

Key Highlights

  • Centrally located between Penn Station and Port Authority
  • Steps from The Moynihan Train Hall
  • Near Hudson Yards and Herald Square

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 - Office building steps from major Midtown transit hubs, including Moynihan Train Hall and Hudson Yards.
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: Centrally located between Penn Station and Port Authority; Steps from The Moynihan Train Hall; Near Hudson Yards and Herald Square
(212) 776-1283 Call to check price and availability
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