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Centrally Located Office Building
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240 W 35th St, New York, NY 10001

Office building near major Manhattan transit hubs, surrounded by national retailers and service tenants.

Property Size10,100 SF
Days on Market1206

Property Features for 240 W 35th St

General Information

Standard status Active
Size 10,100 SF
Property subtype OFFICE
Listing Agency: Lee & Associates | New York City
Listed By: Stephanie Moore
Source: Moodyscre
Added: Apr 12, 2023 Changed: Jul 27 Last Checked: Jul 30 at 9:42AM

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 Lee & Associates | New York City

Investment Insights

Based on property information with market context.

This centrally located office building at 240 W 35th St offers a Midtown base with proximity to major rail and subway connections. The surrounding area features a steady mix of well-known brands and everyday amenities.

The property is between Penn Station and Port Authority and steps from The Moynihan Train Hall, Hudson Yards, and Herald Square. Nearby businesses and draws include Facebook, Amazon, Macy’s, Peloton, Whole Foods, Shops at Manhattan West, Starbucks, Best Bagels, Planet Fitness, and Staples. Access is supported by multiple transit lines and services, including 1, 2, 3, 7, A, C, E, B, D, F, M, N, Q, R, W, LIRR, Amtrak, NJ Transit, PATH, and Port Authority NY NJ. CitiBike availability is also nearby.

Key Highlights

  • Centrally located between Penn Station and Port Authority, steps from The Moynihan Train Hall
  • Steps to Hudson Yards and Herald Square
  • Surrounded by national retailers and service tenants including Facebook, Amazon, Macy's, and Whole Foods

Property Analytics

Current Use

Spanish-American Institute Language School My Website | Just ... Marketing & Advertising Kane Michael Law Firm Jwu LLC Clothing & Fashion Store Hinman Consulting Engineers Engineering Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Clothing & Fashion Store Locksmith

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

63,238
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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
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Frequently Asked Questions

What type of property is this?
Office building - Office building near major Manhattan transit hubs, surrounded by national retailers and service tenants.
Where is this office building located?
The property is located at 240 W 35th St New York, NY.
What are key features of this property?
This property features: Centrally located between Penn Station and Port Authority, steps from The Moynihan Train Hall; Steps to Hudson Yards and Herald Square; Surrounded by national retailers and service tenants including Facebook, Amazon, Macy's, and Whole Foods
(212) 776-1283 Call to check price and availability
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