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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.

Property Size1,800 SF - 3,500 SF
Days on Market414

Property Features for 54 W 39th St

General Information

Standard status Active
Size 1,800 SF - 3,500 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

Additional Details

Public Transit Yes
Listing Agency: Newmark - Corporate
Listed By: Ravi Idnani
Source: Moodyscre
Added: Jun 13, 2025 Changed: Jul 30 Last Checked: Jul 30 at 5:55AM

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 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

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 Nursing Home Adult Day Care 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

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

Market

Lease Benchmarks for New York, NY

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office options include conference rooms and large floor plates in an elevator-served building near Midtown subway lines.
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: 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 Call to check price and availability
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