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62 W 56th St

Midtown East, New York, NY
Floors
5
Total Size
6,547 sqft
Lot Size
0 acres
Year Constructed
1900
Year Renovated
0
Number of Buildings
1

About 62 W 56th St

Located between 5th Avenue and Avenue of the Americas in New York's vibrant Midtown West, 62 West 56th Street is perfect for companies hoping to rent office space or a retail outlet in a bustling location.

Situated within a high traffic residential, commercial and hospitality district of New York, 62 West 56th Street provides tenants with flexible space that boasts 15' frontage in an area bustling with shoppers, commuters and diners.

Featuring high ceilings, the corner property at 62 West 56th Street offers New York's retailers a full floor opportunity, where the landlord will consider all uses. Commuters working here have convenient access to public transportation within a short walking distance.

It takes just five minutes to reach 57th Street's subway lines F, N, Q and R. A 20 minute walk brings commuters to subway line access points for trains B, D and E. The area boasts an abundance of eateries like Subway, coffee shops and sandwich bars.

The gray sandstone building at 62 West 56th Street in New York features a facade where the storefront is highlighted by an elegant black metal surround to enhance visibility. This property presents tenants with an excellent signage opportunity.

Internet Providers for 62 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