Office Space with Private Rooftop
For Lease
Contact for pricing
16 E 40th St, New York, NY 10016
Office floors with minimal columns, high ceilings, and private rooftop access, plus a brand-new lobby and elevators.
Space SizeContact for details
Property Size7,500 SF
Days on Market1163
Property Features for 16 E 40th St
General Information
Standard status
Active
Size
7,500 SF
Elevators
Yes
Property subtype
OFFICE
Additional Details
Public Transit
Yes
Amenities
private rooftop access
Listing Agency:
Colliers | New York City
(646) 529-1813
Listed By:
Robert Gallucci
(646) 529-1813
Source:
Moodyscre
Added: Jun 1, 2023
Changed: Jul 30
Last Checked: Aug 5 at 1:09PM
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 Colliers | New York City
Investment Insights
Based on property information with market context.
A well-configured office space totaling 7,500 SF, featuring minimal columns and high ceilings to support flexible planning. The building has a brand-new lobby and elevators, helping streamline tenant and visitor access.
The property is in close proximity to Grand Central, Bryant Park, and transit. An additional elevator is also described, with potential exclusive access to the 12th floor and penthouse.
Operational flow is further supported by private rooftop access, which can be a useful feature for tenant use and building programming. Overall, the space combines efficient floor layout characteristics with modernized building core improvements and distinctive access options.
The property is in close proximity to Grand Central, Bryant Park, and transit. An additional elevator is also described, with potential exclusive access to the 12th floor and penthouse.
Operational flow is further supported by private rooftop access, which can be a useful feature for tenant use and building programming. Overall, the space combines efficient floor layout characteristics with modernized building core improvements and distinctive access options.
Key Highlights
- 7,500 SF office space
- Brand‑new lobby and elevators
- Additional elevator with potential exclusive access to the 12th floor and penthouse
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
91,796
Businesses Nearby
Explore this area
Business Placement
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
$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Office floors with minimal columns, high ceilings, and private rooftop access, plus a brand-new lobby and elevators.
Where is this office units located?
The property is located at 16 E 40th St New York, NY.
What are key features of this property?
This property features: 7,500 SF office space; Brand‑new lobby and elevators; Additional elevator with potential exclusive access to the 12th floor and penthouse
