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16 E 40th St

Garment District, New York, NY
Total Size
92,875 sqft
Lot Size
7,400 sqft
Year Constructed
Construction Type
Number of Buildings
Close Public Transit
4, 5, 6, 7, B, D, M, F, S
Close To
Bryant Park, Grand Central Terminal, Penn Station, Port Authority Bus Terminal


Lobby Attendant

Current Availabilities

Oct 18
Sublease Office
  • Min Size: 150 sqft
  • Term Length: 2 years
  • Offices
  • Conference Rooms
  • Bathrooms
  • Kitchen
  • Furniture

Rent out the whole space or individual suites.

Listing agent for this listing
Myles Rubenfeld, Oxford Property Group

Additional Features of 16 E 40th St

  • 24/7 access

Companies at 16 E 40th St

Alan David Custom Clothing Store Store
Jack's 99 Cent Store Store

Internet Providers for 16 E 40th St

Provider Technology Max Download Speed Max Upload Speed
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: Garment District

On average, listings lease in the $50's per square foot per year. The Garment District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the New York City market, the Garment District region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Median Rate Median Size
Garment District $59
Median Rate Median Size
New York City $65

Median Rate over Time in Garment District