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Fully Built-Out Office Space
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145 East 42nd Street, New York, NY 10017

Office space with excellent visibility on East 42nd Street.

Space SizeContact for details
Days on Market271

Property Features for 145 East 42nd Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Midtown Manhattan
Listed By: Eric Gelber
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 18 Last Checked: Aug 19 at 7:16AM

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 space features 3,498 square feet on the ground floor and 3,438 square feet on the second floor, totaling 6,936 square feet. The ground floor has a ceiling height of 14 feet, while the second floor offers 12-foot ceilings. The property has 50 feet of frontage on 42nd Street. The site was formerly occupied by E-Trade. The term extends through August 31, 2026, with possession upon execution of a sublease agreement or assignment. The space includes an existing elevator and is fully built-out, making it suitable for co-working. It offers excellent visibility on East 42nd Street.

Key Highlights

  • Fully built‑out office space; perfect for co‑working
  • Excellent visibility on East 42nd Street
  • Sublease term through 8/31/2026

Property Analytics

Current Use

Madison Avenue Orthopaedic Physician Equinox Internet Services Telecommunications Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service 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

79,335
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

$46.54 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,523 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 - Office space with excellent visibility on East 42nd Street.
Where is this office units located?
The property is located at 145 East 42nd Street New York, NY.
What are key features of this property?
This property features: Fully built‑out office space; perfect for co‑working; Excellent visibility on East 42nd Street; Sublease term through 8/31/2026
More about this property
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