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Full-Floor Office with Terrace

18 E 48th St, New York, NY 10017

For Lease
Contact for pricing

Full tower floor offers excellent natural light, private bathrooms, and a full-length walk-out terrace.

Space Size1,250 SF
Days on Market124

Property Features for 18 E 48th St

General Information

Standard status Active
Size 1,250 SF
Class A
Property subtype OFFICE

Site & Location

Neighborhood Midtown Manhattan

Additional Details

Business Included No

Amenities

renovated attended marble lobby
intelligent high-speed elevators
walk-out terrace
24/7 tenant-controlled air conditioning
fiber internet connection
private bathrooms
cleaning included
submetered electric
FIOS wired
near 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 11
Size 1,250 SF
Type OFFICE
Rate Contact for pricing
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
Listed By: Eli Someck
Source: Moodyscre
Added: Jul 7 Changed: Oct 25 Last Checked: Nov 6 at 9:57AM

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
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Investment Insights

Based on property information with market context.

This listing presents a full tower office floor in a 22-story Class-A building constructed in 1928. The space includes a wide, walk-out terrace running the full length of the unit, and it features excellent natural light on two sides. The building also offers a renovated 24/7 attended marble lobby, new intelligent high-speed elevator cabs, and daily cleaning of spaces. Tenants benefit from 24/7 tenant-controlled, submetered air conditioning, with landlord warranties and maintenance in place.

The building is located one block from the Grand Central Terminal entrance on 47th Street, with a Citibike dock just steps away. The building is wired for FIOS and provides a private bathroom(s) feature within the space. Cleaning is included, and a video is available for review.

Key Highlights

  • 22‑story Class‑A building built in 1928 with an attended, renovated 24/7 marble lobby
  • Full tower floor with wide, walk‑out terrace running the full length of the space
  • Excellent natural light on two sides and full‑length private outdoor terrace

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

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

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 offers excellent natural light, private bathrooms, and a full-length walk-out terrace.
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 an attended, renovated 24/7 marble lobby; Full tower floor with wide, walk‑out terrace running the full length of the space; Excellent natural light on two sides and full‑length private outdoor terrace
(917) 335-4948 Call to check price and availability
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