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Elevator Office Space
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54 W 39th St, New York, NY 10018

Elevator-served office space offering flexible partial-floor availability with minimal loss factor.

Space Size1,800 SF
Days on Market459

Property Features for 54 W 39th St

General Information

Standard status Active
Size 1,800 SF
Property subtype OFFICE

Amenities

elevator
close proximity to subway lines

Spaces For Lease

at 54 W 39th St Contact us

54 W 39th St

Floor
10
Size
1,800 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Both floors are approximately 3,500 RSF and consist of approximately four offices...
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Listing Agency: Newmark - Corporate
Listed By: Andrew Stern
Source: Moodyscre
Added: Jun 13, 2025 Changed: Sep 9 Last Checked: Sep 14 at 5:50AM

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 Newmark - Corporate

Investment Insights

Based on property information with market context.

This elevator-served office property offers available space on multiple floors. Both full floors are approximately 3,500 RSF and include a configuration of approximately four offices and one conference room, with very little loss factor reported on each floor.

In addition to the full-floor options, portions of other floors are also available at approximately 2,000 RSF and approximately 1,800 RSF. The building is located near major subway lines, with close access to the B, D, F, M and 7 lines at Bryant Park and the N, Q, R and W lines at Times Square/42nd Street.

The space is suited for office users seeking private office rooms and conference space in an elevator building, with flexibility to lease full floors or smaller portions depending on operational needs.

Key Highlights

  • Each floor offers approximately 3,500 RSF with about four offices and one conference room
  • Very little loss factor on both floors
  • Partial‑floor space available: approximately 2,000 RSF on the 7th floor

Property Analytics

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Current Use

Hitchcock Partners Business Management Consultant SIA Acoustics LLC IT Consulting Firm Pipeline Advertising & Design Marketing & Advertising Csc Healthcare Group Medical Group Frank Repas Architecture ... Architect

Suggested Use

Top Pick Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Adult Day Care 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

100,617
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$49.63 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,465 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 - Elevator-served office space offering flexible partial-floor availability with minimal loss factor.
Where is this office units located?
The property is located at 54 W 39th St New York, NY.
What are key features of this property?
This property features: Each floor offers approximately 3,500 RSF with about four offices and one conference room; Very little loss factor on both floors; Partial‑floor space available: approximately 2,000 RSF on the 7th floor
(212) 351-9353 Call to check price and availability
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