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    202 40Th St New York, NY 10018

    Sponsored
    For Lease
    $35 SF/Yr

    Prestigious West 40th Street Office

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional office space at 202 W 40th Street in New York City offers a unique opportunity for businesses seeking a prestigious address in a vibrant location. The property is classified as both Executive and Creative Office space, catering to a variety of professional needs. Currently, there is 1 square foot of vacant space available for lease within a multi-tenant building. The building's exact total square footage is not currently specified. Located in the heart of New York County, this property benefits from easy access to major transportation hubs, upscale amenities, and a thriving business community. The address, 202 W 40th St, New York, NY 10018, places it within a highly sought-after area known for its blend of modern convenience and classic New York charm. This listing presents a rare chance to secure a foothold in one of Manhattan's most desirable commercial districts. The available space is ideal for a small business or individual professional requiring a compact, yet strategically located office. Further details regarding building amenities and lease terms are available upon request. This is an exceptional opportunity to establish a presence in a prime Manhattan location. Inquire today to learn more about this unique offering.

    Property Features for 202 40Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF
    Total Rate
    2.92

    Unit(s) available at that property

    Space
    5th Floor
    Size
    1 SF
    Rate per SF
    $35

    HighLights

    • Private full‑floor loft office suite with direct elevator access.
    • Four‑sided exposure with abundant natural light.
    • High ceilings, polished concrete floors, expansive windows, and two private bathrooms.
    • Midtown location, steps from subway.
    Property Profile Location Intelligence

    Current Use by Public Records

    eMagid Website Designer Lenwich Coffee Shop Audrey Morse Psychotherapy ... Mental Health Service Flintlock Construction Services, ... Construction Company Aman Architecture Architect

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9887476
    Latitude
    40.7548775

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    FAQs

    What type of property is this?
    Office space - Prestigious West 40th Street Office
    Where is this office space located?
    The property is located at 202 40Th St New York, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Private full-floor loft office suite with direct elevator access.; Four-sided exposure with abundant natural light.; High ceilings, polished concrete floors, expansive windows, and two private bathrooms.
    Request Owner's contact information
    202 40Th St New York, NY 10018
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    New York, NY 10018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 40Th St New York, NY 10018
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