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159 E 20th St

Gramercy Park, New York, NY
Floors
5
Total Size
19,015 sqft
Lot Size
0 acres
Year Constructed
1956
Year Renovated
0
Number of Buildings
1

About 159 E 20th St

An ideal workspace for New York’s small and midsize businesses hoping to rent office space or a retail opportunity in Gramercy, the property at 159 East 20th Street is ideal for commuters.

The East 20th Street area as a whole enjoys a perfect walk score of 100/100 where employees don’t need a car to reach the nearest restaurant, cafe or grocery store. Within a short walk of 3rd Avenue’s many amenities, commuters working at 159 East 20th Street have easy access to multiple forms of New York’s public transit system.

Built in 1956, the 5-story building sits in a peaceful and leafy neighborhood of similar buildings. 159 East 20th Street boasts a bagel bar just around the corner and a cafe and bar within steps of the property.

Featuring exposed timbers on high ceilings, exposed brick walls and a pantry with break room, office space at 159 East 20th Street is both elegant and functional with conference rooms, comfortable seating areas and pantry.

The red brick building at 159 20th Street, New York, has a welcoming and professional looking facade that is unadorned but still attractive. A mature tree in front softens the utilitarian lines of the 1950s architecture.

Internet Providers for 159 E 20th St

Provider Technology Max Download Speed Max Upload Speed
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: Gramercy Park

On average, listings lease in the $80's per square foot per year. The Gramercy Park submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the New York City market, the Gramercy Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Gramercy Park $90
/sqft/yr
1,750
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,380
sqft

Median Rate over Time in Gramercy Park