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40 W 57th St

Midtown, New York, NY
Total Size
696,000 sqft
Year Constructed


Parking Garage
Onsite Parking
Freight Elevator

About 40 W 57th St

Built in 1972 and called the Squibb Building, this structure is located at 40 West 57th Street in Midtown Manhattan, New York. The skyscraper rises 34 stories above the street line and includes approximately 893,000 square feet of rentable office space.

To maximize efficiency and tenant comfort, many of the units and the common areas within this building have been fully renovated. The ground floor is a modern masterpiece, with ultra-high ceilings, recessed lighting, floor-to-ceiling glass and a unique pass-through to the street in the rear of the property.

There are long lines of windows on each floor of 40 West 57th Street, and this allows those inside to look out over the busy street below. The units vary in size; however, many of them are larger in size, which allows them to accommodate larger businesses with ease.

By walking just 3 blocks, tenants have access to the F, N, Q and R subway lines. Central Park, the Museum of Modern Art and Rockefeller Center are all just steps from the property, which brings heavy foot traffic to the area each day.

Clear glass and polished metal on the ground floor of 40 West 57th Street perfectly contrasts the dark glass that covers the facade on the rest of the building.

Companies at 40 W 57th St

Nobu Fifty Seven Restaurant Food
Marlborough Art Gallery

Internet Providers for 40 W 57th 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
tw telecom Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s

The Market: New York City

The typical asking rate per listing is in the $60's per square foot per year. The New York City region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 8% decrease in rent.

Median Rate Median Size

Median Rate over Time in New York City