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48 W 56th St

Midtown East, New York, NY
Floors
5
Total Size
22,626 sqft
Lot Size
0 acres
Year Constructed
1930
Year Renovated
0
Number of Buildings
3

About 48 W 56th St

Offering outstanding exposure on a bustling side street, the attractive early 20th century building at 48 West 56th Street in New York's Midtown West is ideal for retailers, but will also interest companies looking to rent office space between 5th and 6th Avenues.

Situated within a commercial, hospitality and residential district, 48 West 56th Street is within close proximity of every conceivable amenity. Commuters are offered 173 bus routes and 24 rail connections, for this is a Rider's Paradise with a perfect 100/100 score.

Boasting an amazing 50' of frontage in a Walker's Paradise zone that sees daily heavy pedestrian traffic, 48 West 56th Street in New York offers tenants local amenities like Starbucks, Chase, Duane Reade, Bay Leaf, Sabon, Luke's Lobster, Bengal Tiger Indian Food, Gordon Ramsey at The London, Uncle Jack's Steakhouse, Benihana, Hale & Hearty and Townhouse Spa within a 15 minute walk.

There are 20 groceries, 20 banks and 20 restaurants nearby and access to public transportation is available within a 12 minutes' walk into either direction.

The brown brick building at 48 West 56th Street in New York boasts a facade with an elegant black storefront and eye-catching arched entrance.

Companies at 48 W 56th St

La Bonne Soupe Bar Restaurant Food

Internet Providers for 48 W 56th 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
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 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