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16 E 48th St

Midtown, New York, NY
Total Size
14,024 sqft
Lot Size
2,513 sqft
Year Constructed
Year Renovated
Building Class
Number of Buildings


Close To Public Transit

About 16 E 48th St

All of the rentable office space within this low-rise building - approximately 17,000 square feet - is designated as Class C. Rising 7 stories above the street line, the structure was built in 1940 and is set at 16 East 48th Street in New York's Garment District.

This historic boutique building has been well maintained to give tenants comfortable work spaces. Many of the units within the structure are full floor opportunities and measure at approximately 2,500 square feet. The setup gives tenants plenty of privacy and lots of space to spread out.

All of the units on the upper floors of 16 East 48th Street have a creative, loft-like setup that is very flexible. Natural light pours in through the large picture windows on each level, and the retail unit on the ground floor features a floor-to-ceiling glass storefront.

Several highly sought after New York tourist destinations are location within minutes of the property and include offerings such as Grand Central Terminal, Bryant Park, New York Public Library and Rockefeller Center. This factor combined with the fantastic business community brings a high amount of pedestrian and vehicular traffic through every day.

Carved columns and a thick panel of molding separate the lowest 2 stories of 16 East 48th Street from the remainder of the building. The facade features a mixture of stone and brick for a historic look.

Internet Providers for 16 E 48th St

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Stealth 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 Market: New York City

On average, listings lease in the $60's per square foot per year. The New York City submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 6% decline in rent.

Median Rate Median Size

Median Rate over Time in New York City