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

Flexible office options include conference rooms and large floor plates in an elevator-served building near Midtown subway lines.

Space Size2,000 SF
Days on Market507

Property Features for 54 W 39th St

General Information

Standard status Active
Size 2,000 SF
Net Rentable 1,800 SF
Elevators Yes
Property subtype OFFICE

Space & Availability

Available Space 1,800-3,500 SF
Contiguous Space 3,500 SF
Divisible Yes
Space Use Office

Site & Location

Neighborhood Midtown Manhattan
Public Transit Yes

Spaces For Lease

at 54 W 39th St
54 W 39th St AVAILABLE, Now
Floor 7
Size 2,000 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Both floors are approximately 3,500 RSF and consist of approximately four offices and one conference room - Very little loss factor on both floors - Portion of 7th floor also available at approximately 2,000 RSF - Portion of 10th floor also available at approximately 1,800 RSF - Elevator building - Close proximity to the B, D, F, M and 7 subway lines at Bryant Park and the N, Q, R, W subway lines at Times Square/42nd Street
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Listing Agency: Newmark - Corporate
Listed By: Andrew Stern
Source: Moodyscre
Added: Jun 13, 2025 Changed: Oct 26 Last Checked: Nov 1 at 6:35AM

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

Rey
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Investment Insights

Based on property information with market context.

This elevator-served office building offers flexible tenancy options across multiple floors. The available space configuration includes two floors that are approximately 3,500 RSF each, with an office layout featuring approximately four offices and one conference room. Both floors are described as having very little loss factor.

In addition to the full-floor options, portions of the 7th and 10th floors are available at approximately 2,000 RSF and approximately 1,800 RSF, respectively. A portion of the building footprint is available to accommodate a smaller footprint if preferred.

The building is in close proximity to multiple subway lines serving Midtown Manhattan, including the B, D, F, M, and 7 lines near Bryant Park, and the N, Q, R, W lines near Times Square/42nd Street.

Key Highlights

  • Two full floors available, each approximately 3,500 RSF with ~four offices and one conference room
  • Very little loss factor on both floors
  • Portions available: 7th floor approximately 2,000 RSF

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$48.66 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,822 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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office options include conference rooms and large floor plates in an elevator-served building near Midtown subway lines.
Where is this office unit located?
The property is located at 54 W 39th St New York, NY.
What are key features of this property?
This property features: Two full floors available, each approximately 3,500 RSF with ~four offices and one conference room; Very little loss factor on both floors; Portions available: 7th floor approximately 2,000 RSF
(212) 351-9353 · Office Call to check price and availability
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