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Office Space with Walk-Out Terrace
For Lease
Contact for pricing

18 E 48th St, New York, NY 10017

Office suite with a full-length walk-out terrace, 24/7 tenant-controlled A/C, renovated attended lobby, and 4 intelligent elevators.

Space Size2,130 SF
Days on Market121

Property Features for 18 E 48th St

General Information

Standard status Active
Size 2,130 SF
Class A
Elevators Yes
Property subtype OFFICE

Space & Availability

Space Use Office
Sublease No

Site & Location

Neighborhood Midtown Manhattan
Public Transit Yes

Amenities

renovated attended marble lobby
daily cleaning
walk-out terrace
24/7 tenant-controlled air conditioning
submetered electric
fiber internet connection
private bathroom(s)

Building Details

Year Built 1928
Stories 22

Spaces For Lease

at 18 E 48th St
18 E 48th St AVAILABLE, Now
Floor 13
Size 2,130 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 26 Last Checked: Nov 3 at 9:58AM

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.

18 E 48th St offers an office suite featuring a wide, walk-out terrace that runs the full length of the space. The suite is described as a full tower floor with excellent natural light on two sides, and includes private bathroom(s). Tenants have 24/7 tenant-controlled A/C, with landlord warranties and maintenance and submetered electric. Daily cleaning of spaces is provided, and the building is wired for FIOS with fiber internet connection available.

The building is a 22-story Class-A property built in 1928, with a renovated 24/7 attended marble lobby. The property also features four new intelligent high-speed elevator cabs intended for very short wait times, along with owner-occupied and owner-managed operations and attentive ownership and management. Access and transit convenience are highlighted, including being one block from the 47th Street Grand Central Terminal entrance and a Citibike dock steps away.

A build-to-suit opportunity is noted, with ownership able to demolish and build to suit for a credit tenant. Video is also available.

Key Highlights

  • 2,130 SF office suite with a full‑length walk‑out terrace
  • Full tower floor with excellent natural light on two sides
  • 24/7 tenant‑controlled A/C, with landlord warranties and maintenance

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 - Office suite with a full-length walk-out terrace, 24/7 tenant-controlled A/C, renovated attended lobby, and 4 intelligent elevators.
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: 2,130 SF office suite with a full‑length walk‑out terrace; Full tower floor with excellent natural light on two sides; 24/7 tenant‑controlled A/C, with landlord warranties and maintenance
(917) 335-4948 Call to check price and availability
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