Search
Full-Tower Office with Private Terrance
For Lease
Contact for pricing

18 E 48th St, New York, NY 10017

Full tower floor offering a walk-out terrace, strong daylight exposure, and 24/7 tenant-controlled air conditioning.

Space Size1,860 SF
Days on Market121

Property Features for 18 E 48th St

General Information

Standard status Active
Size 1,860 SF
Class A
Property subtype OFFICE

Site & Location

Neighborhood Midtown Manhattan

Amenities

renovated attended marble lobby
high-speed elevator cabs
daily cleaning included
walk-out terrace
24/7 tenant-controlled air conditioning
submetered electric
fiber internet connection
private bathrooms
proximity to Grand Central Terminal
citibike dock

Building Details

Year Built 1928
Stories 22

Spaces For Lease

at 18 E 48th St
18 E 48th St AVAILABLE, Now
Floor 5
Size 1,860 SF
Type OFFICE
Rate Contact for pricing
Sublease Yes
- 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
Listed By: Eli Someck
Source: Moodyscre
Added: Jul 7 Changed: Oct 26 Last Checked: Nov 3 at 10:00AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

18 E 48th Street is a 22-story Class-A office building built in 1928. The property features a renovated 24/7 attended marble lobby and four new intelligent high-speed elevator cabs, with daily cleaning of tenant spaces provided and an owner-attentive management team on site. The available configuration is described as 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 also offers 100% hassle-free, 24/7 tenant-controlled A/C, landlord warranties and maintenance, and submetered electric. Cleaning is included, and the space is described as having private bathroom(s).

The building is located one block from the 47th Street Grand Central Terminal entrance, with a Citibike dock steps away. The building is wired for FIOS and is also described as having a fiber internet connection. Ownership indicates the option to demolish and build to suit for a credit tenant.

Key Highlights

  • 22‑story Class‑A building built in 1928 with a renovated 24/7 attended marble lobby
  • Full tower floor with wide, walk‑out terrace running the full length of the space and excellent natural light on two sides
  • 4 new intelligent high‑speed elevator cabs with very short wait times

Property Analytics

Current Use

Gennady Perepada Real Estate Agency Dr. David S. ... Dental Office Cosmetic & Implant Dental ... Dental Office Dr.Magner DDS. Dental Office Green Kaminer Min ... Law Firm

Suggested Use

Top Pick Pet Grooming Service Auto Parts Store Nursing Home Butcher Buffet 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

87,472
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

$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,823 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

Frequently Asked Questions

What type of property is this?
Office unit - Full tower floor offering a walk-out terrace, strong daylight exposure, 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 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 with wide, walk‑out terrace running the full length of the space and excellent natural light on two sides; 4 new intelligent high‑speed elevator cabs with very short wait times
(917) 335-4948 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved