Full-Floor Office with Walk-Out
18 E 48th St, New York, NY 10017
For Lease
Contact for pricing
Full tower floor office with a wide, walk-out terrace, renovated attended marble lobby, and 24/7 tenant-controlled air conditioning.
Space Size4,000 SF
Days on Market127
Property Features for 18 E 48th St
General Information
Standard status
Size
Class
Property subtype
Site & Location
Neighborhood
Amenities
renovated attended marble lobby
4 new intelligent high-speed elevator cabs
daily cleaning of spaces
wide walk-out terrace
24/7 tenant-controlled air conditioning
submetered electric
fiber internet connection
private bathroom(s)
one block from Grand Central Terminal
citibike dock steps away
Building Details
Year Built
Stories
Spaces For Lease
at 18 E 48th St
18 E 48th St
$57/SF/Yr
Floor
20
Size
4,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Co-exclusive with M Rapaport Co., Inc. View building website at 18E48.COM, 18 East 48th Street is a 22-story Class-A building built in 1928. The building has a renovated 24/7 Attended Marble Lobby, 4 new Intelligent High-Speed Elevator Cabs. Attentive ownership and management is located in the building and daily cleaning of spaces is provided. The building is outside of NYC's designated flood zones 18 East 48th Street is proudly owned and managed by M Rapaport Co., Inc.
- Wide, walk-out terrace running the full length of the space
- Ideal socially distanced office, but ownership can demolish and build to suit for credit tenant
- 100% hassle-free, 24/7 tenant-controlled a/c.
- Landlord warranties and maintains
- Full tower floor with excellent natural light on two sides
- Video available
- Renovated, attended lobby
- New, intelligent, high-speed elevators w/ very short wait times
- Owner-occupied and owner-managed building
Very stable, long-term ownership
- Submetered electric
- Cleaning included
- Building is wired for FIOS
- One block from 47th Street Grand Central Terminal entrance
- Citibike dock steps away
- 24/7 Tenant-controlled air conditioning, Build to suit opportunity, Fiber Internet Connection, Private bathroom(s)
Contact us
Listing Agency:
Redwood Property Group
(646) 214-0334
Listed By:
Eli Someck
(917) 335-4948
Source:
Moodyscre
Added: Jul 7
Changed: Nov 9
Last Checked: Nov 8 at 5:42AM
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 Redwood Property Group
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Investment Insights
Based on property information with market context.
Located at a 22-story Class-A office building built in 1928, this co-exclusive offering provides a full tower floor with excellent natural light on two sides and a wide, walk-out terrace running the full length of the space. The building features a renovated 24/7 attended marble lobby and newly installed intelligent, high-speed elevator cabs with very short wait times.
Amenities and services include attentive ownership and management on-site, daily cleaning of spaces, and cleaning included for tenants. HVAC is 100% hassle-free and tenant-controlled 24/7. Utilities include submetered electric, and the space is serviced with fiber internet connection; the building is wired for FIOS.
The office configuration is also described with private bathroom(s). Access to transportation is supported by proximity to the Grand Central Terminal entrance and a Citibike dock steps away.
Amenities and services include attentive ownership and management on-site, daily cleaning of spaces, and cleaning included for tenants. HVAC is 100% hassle-free and tenant-controlled 24/7. Utilities include submetered electric, and the space is serviced with fiber internet connection; the building is wired for FIOS.
The office configuration is also described with private bathroom(s). Access to transportation is supported by proximity to the Grand Central Terminal entrance and a Citibike dock steps away.
Key Highlights
- 22‑story Class‑A building built in 1928 with a renovated 24/7 attended marble lobby
- Full tower floor office with excellent natural light on two sides and a wide, walk‑out terrace running full length
- 4 new intelligent high‑speed elevator cabs with very short wait times
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
87,472
Businesses Nearby
Explore this area
Business Placement
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
$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,698 SF
Avg Space Size
This space is priced 19% above the average of $47.87 /SF/Yr.
Properties on Market for Office Units in New York
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Full tower floor office with a wide, walk-out terrace, renovated attended marble lobby, and 24/7 tenant-controlled air conditioning.
Where is this office unit located?
The property is located at 18 E 48th St New York, NY.
What is the lease rate?
The lease rate is $57 SF/Yr.
What are key features of this property?
This property features: 22‑story Class‑A building built in 1928 with a renovated 24/7 attended marble lobby; Full tower floor office with excellent natural light on two sides and a wide, walk‑out terrace running full length; 4 new intelligent high‑speed elevator cabs with very short wait times
