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    202 40Th St New York, NY 10018

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Garment District location, flexible suites.

    Lot size:
    49,058 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office property at 202 W 40th St, situated in the vibrant Garment District of Midtown West, offers a diverse range of spaces to suit various business needs. The building, constructed in 1928, boasts a total of 49,058 square feet and is currently configured for multiple tenancies. Available spaces range from 989 square feet to 2,850 square feet, providing flexibility for businesses of all sizes. The building features attractive aesthetics and concrete floors. The landlord is open to build-outs, allowing for customization to meet specific tenant requirements. This prime location offers unparalleled convenience, with easy access to a multitude of subway lines (1, 2, 3, 7, N, Q, R, S, A, C, E, B, D, F & M) and numerous bus routes. A wealth of dining, entertainment, and other amenities are within walking distance, enhancing the overall appeal and convenience of this exceptional office space. The property is located in New York County, NY, zip code 10018. The building's classification includes Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office spaces, making it a versatile option for a wide array of businesses.

    Property Features for 202 40Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,058 SF
    Total Rate
    143085.83

    Building Details

    Year Built
    1928

    Unit(s) available at that property

    Space
    10th Floor
    Size
    2,750 SF
    Rate per SF
    $35
    Space
    11th Floor
    Size
    2,750 SF
    Rate per SF
    $35
    Space
    903
    Size
    989 SF
    Rate per SF
    $35
    Space
    1202
    Size
    1,350 SF
    Rate per SF
    $35
    Space
    501
    Size
    2,850 SF
    Rate per SF
    $35

    HighLights

    • 202 W 40th St, Midtown West Garment District, NYC. 49,058 SF total.
    • Multiple suites available, ranging from 989 SF to 2,850 SF.
    • 1928 construction, featuring attractive aesthetics and concrete floors; landlord offers build‑outs.
    • Excellent transit access: 1, 2, 3, 7, N, Q, R, S, A, C, E, B, D, F & M subway lines, plus numerous bus routes. Abundant nearby amenities.
    • Versatile space suitable for Traditional, Executive, Coworking, Medical, and Creative Office uses. Located in New York County, NY 10018.
    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
    -73.988443074594
    Latitude
    40.75498909521

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    FAQs

    What type of property is this?
    Office space - Prime Garment District location, flexible suites.
    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: 202 W 40th St, Midtown West Garment District, NYC. 49,058 SF total.; Multiple suites available, ranging from 989 SF to 2,850 SF.; 1928 construction, featuring attractive aesthetics and concrete floors; landlord offers build-outs.
    Request Owner's contact information
    202 40Th St 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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