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High-End Office Space Available
For Lease
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89 East 42nd Street, New York, NY 10017

Move-in ready office space with Park Avenue views.

Space SizeContact for details
Days on Market170

Property Features for 89 East 42nd Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Midtown Manhattan
Listed By: Matthew Chmielecki
Source: Cbre
Added: Mar 26 Changed: Sep 10 Last Checked: Sep 10 at 6:04AM

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.

Available for rent is an office space ranging from 2,500 to 5,000 square feet. This high-floor suite is currently vacant and in move-in condition. The high-end suite features a reception area, a glass-fronted conference room, a pantry, and perimeter windowed offices, along with support spaces. The property offers views of Park Avenue.

Key Highlights

  • High‑end office suite in move‑in condition
  • Enjoy great Park Avenue views
  • Perimeter windowed offices

Property Analytics

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Current Use

Paper Source - Grand ... (Bike/Boat/Book/etc) Store Ceriello Fine Foods Take-out & Catering Eli's Farm to Table Grocery & Convenience Store Sushi by Pescatore Restaurant Cipriani Dolci Restaurant

Suggested Use

Top Pick Pet Grooming Service Nursing Home Buffet Locksmith (Bike/Boat/Book/etc) Store 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

85,433
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
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

$48.8 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,444 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 - Move-in ready office space with Park Avenue views.
Where is this office units located?
The property is located at 89 East 42nd Street New York, NY.
What are key features of this property?
This property features: High‑end office suite in move‑in condition; Enjoy great Park Avenue views; Perimeter windowed offices
More about this property
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