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Office Space with Natural Light
For Lease
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254 West 31st Street, New York, NY 10001

Office space featuring hardwood floors, exposed ceilings, and private restrooms.

Space Size5,240 SF
Property Size68,432 SF
Days on Market337

Property Features for 254 West 31st Street

General Information

Standard status Active
Size 5,240 SF
Class B
Property subtype Office

Building Details

Building Size 68,432 SF
Year Built 1926

Spaces For Lease

at 254 West 31st Street Contact us

5th Floor

Size
5,240 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Todd Korren
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:41AM

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 Todd Korren

Investment Insights

Based on property information with market context.

Available for rent are two office spaces: one on the 3rd floor comprising 5,240 square feet, and another on the 13th floor offering 3,663 square feet. The spaces feature hardwood floors and exposed ceilings. The layout includes a large open area, a wet pantry, and private restrooms, including one ADA-compliant restroom. One of the spaces includes a windowed conference room suitable for 8-10 people and four windowed offices. The property benefits from abundant natural light. Nearby establishments include Nick + Stef’s Steakhouse, Kabooz’s Bar & Grill, Tir Na Nog, Everytable, Haymaker Bar and Kitchen, Mustang Sally’s, La Noxe, Billymark’s West, Maggie Reilly’s Hudson Yards Tavern, Moynihan Food Hall, Zou Zou’s, Ci Siamo, Momofuku Miles, Butcher & Banker, Laduree, and Russ & Daughters.

Key Highlights

  • Abundant natural light fills this space
  • Prime location near numerous restaurants and Moynihan Food Hall
  • Combination of private offices and large open area

Property Analytics

Current Use

Carnegie Builders Group Construction Company XWELL Corporate Office Corporate Office Koussevitzky Music Foundation Vocational School Association For the Rehab Crisis Center

Suggested Use

Top Pick Pet Grooming Service Nursing Home Buffet Adult Day Care Locksmith (Bike/Boat/Book/etc) Store

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

69,383
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

$47.92 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,508 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 units - Office space featuring hardwood floors, exposed ceilings, and private restrooms.
Where is this office units located?
The property is located at 254 West 31st Street New York, NY.
What are key features of this property?
This property features: Abundant natural light fills this space; Prime location near numerous restaurants and Moynihan Food Hall; Combination of private offices and large open area
More about this property
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