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205 E 47th St

Midtown East, New York, NY
Floors
13
Total Size
80,000 sqft
Zoning
C5-3
Year Constructed
1927

About 205 E 47th St

The property at 205 East 47th Street is ideal for tenants hoping to rent office space just one block from Grand Central Terminal in New York’s vibrant Midtown East neighborhood.

The 13-story building at 205 East 47th Street in New York boasts a fully restored Art Deco lobby with black and cream marble floors and walls, bronze surrounds for passenger elevators, ornate cornice designs and lobby desk.

The property has recently been renovated to a high standard and now features, new windows and bathrooms, new life safety systems and upgraded elevator equipment. In total, 205 East 47th Street comprises of 80,000 square feet of rentable space, which comes with a C5-3 zoning that is intended for New York’s premier offices and high-end retail enterprises such as department stores.

Commuters have access to subway lines B, D, F and M at 47th-50th Street- Rockefeller Center station. At 49th Street commuters can access N, Q and R trains on the BMT Broadway Line. The area is also served by numerous bus lines.

The unadorned brown facade of 205 East 47th Street boasts excellent window-lines and provides New York’s office-based tenants with a professional and sophisticated foothold in Midtown East.

Internet Providers for 205 E 47th 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: Midtown East

The typical asking rate per listing is in the $80's per square foot per year. The Midtown East region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the New York City market, the Midtown East submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Midtown East $83
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Midtown East