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Office Building with Two-Story Lobby Arcade
For Lease
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40 Fulton St, New York, NY 10038

Redbrick office building with a new attended lobby, 24/7 access and security, and updated restrooms on each floor.

Space SizeContact for details
Property Size12,229 SF
Days on Market1275

Property Features for 40 Fulton St

General Information

Standard status Active
Size 12,229 SF
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Amenities

terraces on some floors
attended lobby
24/7 access and security
new lobby
extended HVAC hours
new security facial recognition turnstiles
new restrooms on each floor

Building Details

Construction redbrick

Spaces For Lease

at 40 Fulton St Contact us

40 Fulton St $57/SF/Yr

Contact us
Listing Agency: CBRE | Midtown Manhattan
Listed By: Bruce Surry
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 29 Last Checked: Aug 5 at 1:53PM

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.

40 Fulton St is a redbrick office building featuring an elegant bronze and marble lobby with a 2-story arched arcade. The building offers an attended lobby, 24/7 access and security, and updated on-site finishes including new restrooms on each floor.

Recent capital improvements include a new lobby, new elevator cabs, and new security facial recognition turnstiles. The HVAC schedule has been extended, with service M-F 8AM-8PM and Saturday 9AM-1PM.

Spanning 12,229 square feet, the property is positioned in Lower Manhattan in the Seaport District, surrounded by a host of restaurants. Building access includes 24/7 security support, making it suitable for tenants that value controlled after-hours entry.

Key Highlights

  • Bronze and marble lobby with a 2‑story arched arcade
  • New lobby, new elevator cabs, and new restrooms on each floor
  • 24/7 access and security with facial recognition turnstiles

Property Analytics

Current Use

The Oshman Firm Law Firm Safety National Insurance Agency The Becker Law Firm Law Firm American Geriatrics Society Charitable Organization Health Concepts Partners Medical Clinic

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet 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
$8.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

33,222
Businesses Nearby

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
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 11% 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
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Frequently Asked Questions

What type of property is this?
Office building - Redbrick office building with a new attended lobby, 24/7 access and security, and updated restrooms on each floor.
Where is this office building located?
The property is located at 40 Fulton St New York, NY.
What is the lease rate?
The lease rate is $57 SF/Yr.
What are key features of this property?
This property features: Bronze and marble lobby with a 2‑story arched arcade; New lobby, new elevator cabs, and new restrooms on each floor; 24/7 access and security with facial recognition turnstiles
(212) 618-7044 Call to check price and availability
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