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Midtown Manhattan Office Space Available
For Lease
$37 SF/Yr

260 West 39th Street, New York, NY 10018

177,000 SF office building near major transportation hubs.

Space SizeContact for details
Property Size10,360 SF
Days on Market133

Property Features for 260 West 39th Street

General Information

Standard status Active
Size 10,360 SF
Property subtype Office
Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul Walker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 3 at 3:26AM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

260 West 39th Street is a nineteen-story commercial office building encompassing 177,000 square feet, situated in the heart of Midtown Manhattan. Its location offers convenient access to Penn Station, Port Authority, the Shuttle train, and all subway lines. The building is a short walk from Manhattan's highest trafficked triangle of transportation: Penn Station, Port Authority and Grand Central Terminal. Midtown West, formerly known as the garment center, now houses both established high-end fashion brands and growth-stage hi-technology companies. The building features an Art Deco lobby, three passenger elevators, and two freight elevators with a separate entrance. It is equipped with Verizon Fios and Pilot Fiber to meet diverse IT requirements. Building amenities include a lobby attendant, a live-in superintendent, and 24/7 key card access.

Key Highlights

  • Prime Midtown Manhattan location with easy access to Penn Station, Port Authority, and Grand Central Terminal.
  • Equipped with Verizon Fios and Pilot Fiber for high‑speed internet.
  • 24/7 Key Card Access for enhanced security.

Property Analytics

Current Use

Blanc Noir Industrial Manufacturer Arrangements Abroad Inc Travel Agency Optimum Systems Solutions (Bike/Boat/Book/etc) Store SHANI Collection Corporate Office art & eden Corporate Office

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Butcher 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
$5.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

73,512
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size

This space is priced 42% below the average of $64.2 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 177,000 SF office building near major transportation hubs.
Where is this office building located?
The property is located at 260 West 39th Street New York, NY.
What is the lease rate?
The lease rate is $37 SF/Yr.
What are key features of this property?
This property features: Prime Midtown Manhattan location with easy access to Penn Station, Port Authority, and Grand Central Terminal.; Equipped with **Verizon Fios and Pilot Fiber for high‑speed internet.**; 24/7 Key Card Access for enhanced security.
More about this property
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