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119 W 40th St

Theater District, New York, NY
Floors
22
Total Size
5,428 sqft
Lot Size
0 acres
Year Constructed
1913
Year Renovated
2014
Building Class
B
Number of Buildings
1

About 119 W 40th St

Built in 1913, the 22-story Lewisohn Building near New York’s Grand Central Terminal and Port Authority transportation hub is a landmark property with a rich history. It will suit tenants looking to rent office space in a B-class commercial building with exceptional credentials.

The Lewisohn Building’s amenities include an elegant reception and retail units on the ground floor. Office space at 119 West 40th Street features high ceilings and excellent natural light. The property once housed two of New York City’s most famous organisations: William Randolph Hearst’s International Magazine Company and piano makers Rudolph Wurlitzer.

119 West 40th Street occupies a premier corner in New York’s vibrant Garment District which enjoys world-class amenities such as fine dining and shopping.

The Lewisohn Building measures a whole block in depth and was at the time of its construction the largest commercial building north of 23rd Street.

Designed by architects Manicke & Franke for entrepreneur Phillip Lewisohn, the property boasts a facade with playful Gothic touches, eg. there are carved medieval figures along the fourth floor cornice. Equipped with four high-speed elevators at each entrance, 119 West 40th Street, New York, couldn’t be more impressive if it tried!

Internet Providers for 119 W 40th St

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Theater District

On average, listings lease in the $60's per square foot per year. The Theater District region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the New York City market, the Theater District region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Theater District $63
/sqft/yr
4,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,310
sqft

Median Rate over Time in Theater District