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Office Tower with Renovated Lobby
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140 E 45th St, New York, NY 10017

Office tower offering a renovated lobby with expansive 2-story atrium and concierge, plus outdoor public plaza access.

Property Size7,476 SF
Days on Market1267

Property Features for 140 E 45th St

General Information

Standard status Active
Size 7,476 SF
Property subtype OFFICE

Amenities

renovated lobby with local artwork
concierge
2-story atrium
state-of-the-art safety and security system
outdoor public plaza
raised floor computer capacity
in-building bakery offering

Building Details

Tenancy Multi
Listing Agency: CBRE | Midtown Manhattan
Listed By: Neil King
Source: Moodyscre
Added: Feb 10, 2023 Changed: Jul 27 Last Checked: Jul 30 at 1:11PM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This office tower features a recently renovated lobby with an expansive, soaring-ceiling entry and a 2-story atrium. A concierge is available in the lobby, and the building includes a state-of-the-art safety and security system. The property also includes an outdoor public plaza and raised floor computer capacity. The site is currently noted as demolished, with the landlord stating they will build.

The building is described as located steps from Grand Central Terminal, with an additional entrance on East 44th Street. The surrounding area is characterized by a wide range of dining options, and the remarks also note an in-building offering from Patis Bakery.

For prospective tenants, the raised floor computer capacity and the building’s lobby and plaza amenities support a workplace designed for day-to-day arrival and access.

Key Highlights

  • Steps from Grand Central Terminal with entrances on E 44th Street and near the iconic transportation hub
  • Recently renovated expansive lobby with soaring ceilings, lots of natural light, and local artwork
  • 2‑story atrium in the lobby with concierge services

Property Analytics

Current Use

Haves Pine & Seligman Real Estate Agency Axonista NYC (Bike/Boat/Book/etc) Store Icon Clinical Research Medical Clinic CBRE Capital Markets Loan Service Consumer Edge Research, ... Advertising Agency

Suggested Use

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

70,743
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

$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 tower offering a renovated lobby with expansive 2-story atrium and concierge, plus outdoor public plaza access.
Where is this office building located?
The property is located at 140 E 45th St New York, NY.
What are key features of this property?
This property features: Steps from Grand Central Terminal with entrances on E 44th Street and near the iconic transportation hub; Recently renovated expansive lobby with soaring ceilings, lots of natural light, and local artwork; 2‑story atrium in the lobby with concierge services
(212) 984-8122 Call to check price and availability
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