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Versatile Lower-Level Space Available
For Lease
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9 East 40th Street, New York, NY 10016

Lower-level space suitable for retail, office, or medical use.

Space Size96,376 SF
Days on Market213

Property Features for 9 East 40th Street

General Information

Standard status Active
Size 96,376 SF
Property subtype Retail, Office, Special Purpose

Site & Location

Neighborhood Midtown Manhattan

Building Details

Building Size 96,376 SF
Year Built 1913
Tenancy Single

Spaces For Lease

at 9 East 40th Street
9 East 40th St. Mezzanine Fl. Active
Size 96,376 SF
Contact us
Listing Agency: Platinum Properties LLC
Listed By: Steven Evans · License #NY 10401336061
Source: Crexi
Added: Mar 26 Changed: Oct 21 Last Checked: Oct 23 at 6:00AM

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 Platinum Properties LLC

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Investment Insights

Based on property information with market context.

This lower-level space, recently white boxed, is available for lease and suitable for retail, office, or medical use. It features two private bathrooms and a black iron vent in place to the roof. The space is ideal for a speakeasy, fitness center, golf, commissary kitchen, showroom, medical office, or spa, and most other uses will be considered. Flagship signage can be made available. Freight elevator access can be accommodated by management. Possession can be immediate, and the term is negotiable. Neighbors include DoorDash, Gregory's Coffee, Chick Fil A, City MD, Chase Bank, and the New York Public Library.

Key Highlights

  • Versatile space suitable for retail, office, or medical use
  • Prime location with high‑traffic neighbors like DoorDash, Gregory's Coffee, Chick Fil A, City MD, and Chase Bank
  • Recently white‑boxed and ready for immediate occupancy

Property Analytics

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

Current Use

Bespoke Physical Therapy Physician Ini Perfect Hair Department Store Shine & Company LLP Accounting Firm Quinn McCabe LLP Law Firm Clear-Conversation Physician

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Buffet Parking Lot & Garage Plumbing Service

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

91,796
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,072 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?
Retail space - Lower-level space suitable for retail, office, or medical use.
Where is this retail space located?
The property is located at 9 East 40th Street New York, NY.
What are key features of this property?
This property features: Versatile space suitable for retail, office, or medical use; Prime location with high‑traffic neighbors like DoorDash, Gregory's Coffee, Chick Fil A, City MD, and Chase Bank; Recently white‑boxed and ready for immediate occupancy
(646) 533-9589 Call to check price and availability
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