Full-Tower Office with Private
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.
Property Size1,860 SF
Days on Market27
Property Features for 18 E 48th St
General Information
Standard status
Active
Size
1,860 SF
Class
A
Property subtype
OFFICE
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
Listing Agency:
Redwood Property Group
(917) 335-4948
Listed By:
Eli Someck
(917) 335-4948
Source:
Moodyscre
Added: Jul 7
Changed: Jul 26
Last Checked: Aug 2 at 12:07PM
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
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.
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
Lease Details
NNN (Triple Net)
Lease Type
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
$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Full tower floor offering a walk-out terrace, strong daylight exposure, and 24/7 tenant-controlled air conditioning.
Where is this office units 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
