60 E 42nd St NY NY Grand Central Class A Office space for lease 2500-3500 sf Long term Sublease 2500 […]
2,500 – 5,000 sf, Hi floor, Vacant, Office space, Move in condition, high end suite featuring reception, glass […]
5,900 sf, Hi floor, Possession Arranged, Office space, 3-7 years term. Modern renovated office suites. Brightly lited with natural light […]
4500 – 11,000 sf, 14th floor, Lease term 3-12 yrs, As Is condition, Office space, Trading floor, 35 work stations, […]
5th Avenue, Grand Central
Hi Floor 2,500 -5,000 sf office space for lease, next to Grand Central Station. Standard office area very well appointed […]
Grand Central, Madison Avenue
3,750 – 5,000 sf Hi floor, Vacant, Office space, Corner suite with eastern and southern views. 7 windowed offices including one […]
Grand Central, Madison Avenue
Midtown East Manhattan Office Space
Midtown East Manhattan Office Space – In modern times New York City glows with its shiny and high-end buildings. Many large companies choose to take place there. Casual workers need a classic neighborhood with a contemporary vibe. Midtown East is that place and that is for sure. Everyone around the world knows this area from postcards or TV shows. Iconic skyscrapers like the Rockefeller Center, Chrysler Building, are loudly nesting in this timeless architecturally neighborhood.
Home of Manhattan’s most prestigious and residential buildings Midtown East is a convenient neighborhood in its center providing a long list with cultural attractions and easy access in the New York office place. Midtown East is located from the Theater District to the west, the region between around 42nd St and 59th St (Central Park), and from the East River, First Ave through Fifth Avenue as a western boundary of the district.
Well known as the best corporate area in all neighborhoods in New York City, Midtown East is 24/7 holiday free during the workweek. Class-A buildings have some of the most expensive commercial real estates, and Midtown East is a hub of central business, retail stores, and restaurants. Right in the heart of this neighborhood is the Grand Central. Midtown East is a traveling tunnel through which many people are transported every day in and out of New York City. That is part of the reason why the office place for rent and business people of Midtown East are such vital elements.
Of course, office place for lease is a significant need for luxury companies, so there is no other region that is more coveted by businesses than this neighborhood of Manhattan. Some great tenants operate its everyday work in the area such as Wells Fargo at on Madison Avenue, the Postal Service at on Lexington Avenue, Discovery and Citibank at on Third Avenue, and Merrill Lynch on Lexington Avenue. Currently, many office buildings with office space for rent are under construction near Grand Central Station and will have close to 3 million square feet of commercial space.
The average office asking rents in Midtown East has reached a post-recession peak in nowadays, closing at a personal record of $85 per square foot. Demand will remain high even with new supply coming on the market comes at a premium, commanding well above the average, Midtown East Manhattan office space will continue to attract high-profile tenants looking for a great office space. The New York City office market keeps office leasing activity remained energetic and upscale. As an example, Hudson Yards needs the demand for quality office space in Midtown, and the central business is willing to pay a high price to attract great talent.
The average asking rent for NYC office space is over $76 per square. The availability rate dropped down to near 15%.
Midtown East available office space is around 150 million square feet.
Midtown East offers to workers excellent public transportation options. Grand Central Terminal is easily accessible, serving the trains of the Metro North Railroad. At the same time, the East Side IRT subway operates stations at 42nd and 59th streets and also the local station at 51st street. Subway service in this is giving a great and easy way to travel as the 4, 5, and 6 lines go under Park Avenue (south of Grand Central Station) and Lexington Avenue (north of Grand Central), stopping at 42nd St. (Grand Central Station) and 59th St.
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