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218 W 40th St

Garment District, New York, NY
Total Size
146,486 sqft
Lot Size
12,417 sqft
Year Constructed
Year Renovated
Number of Buildings

About 218 W 40th St

Tenants hoping to rent office space in New York’s Garment district should miss an opportunity to view 218 West 40th Street, NY 10018. Offering an outstanding showroom and office installation, this office space would suit tenants hoping to be near Times Square and public transportation but still within the heart of the world’s fashion industry.

Built in 1923, 218 West 40th Street, New York, provides tenants with offices that come with sub-metered electric and tenant controlled HVAC, high ceilings, pantry, natural light in some rooms, direct phone extensions. A creditworthy sub-landlord will make modern high quality furniture available to the right tenants.

With an outstanding showroom and office installation 218 West 40th Street in New York’s fashion quarter is a prime address for creative companies. Existing tenants include The Art Institute of NYC, Urban Outfitters, Calvin Klein and Universal Survey Center.

The office space is near public transport on Times Square on 42nd St. where subway lines 7, 7X, 1, 2, 3, N, Q, R and S are available.

Featuring an attractive sandstone facade with bronze decorations, this early 20th century building provides tenants of 218 West 40th Street, New York with a great business address.

Companies at 218 W 40th St

The Art Institutes - New York

Internet Providers for 218 W 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
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