|Address:||157 East 86th Street||Class:||B|
|Cross Streets:||Size:||30,000 SF|
|Year built:||1902||Architect:||George Keister|
The mixed-use building located at 157 East 86th Street in Uptown Manhattan was originally built in 1902. It was commissioned by developer duo Arlington C. and Harvey M. Hall, designed by George Keister and served as The Yorkville Theater until around 1928. The Beaux Arts property was then converted to office and retail space, and nowadays houses shared space provider The Commons and several high-profile retailers on the ground floor.
30 KSF of Class B Upper East Side Office Space
The office building formerly known as The Yorkville Theater now offers close to 30,000 square feet of Class B Upper East Side office space, as well as retail space on the ground floor. The four-story building is owned and managed by The Garth Organization, and its office portion is fully leased to coworking space provider The Commons. The company operates two floors of flexible workspaces, a friendly reception area, multiple conference rooms, phone booths, and even therapy rooms that can be rented out. Amenities for those who sign up for a daily, weekly or monthly subscription get access to free wifi, copiers and printers, fully stocked kitchen, and complimentary coffee.
Getting to and from 157 East 86th Street
The office building at 157 East 86th Street benefits from an excellent location in Carnegie Hill on the Upper East Side, just steps from the 4, 5, and 6 trains at the East 86th Street-Lexington station, and the Q train at Second Avenue.
Who is renting office space at 157 East 86th Street?
The office portion of the building at 157 East 86th Street is leased by coworking space provider The Commons. Other tenants within the building include Foot Locker, Steve Madden, Bolton’s, Verizon, and Recovery Physical Therapy.
How much is the rent price for office space at 157 East 86th Street?
Office asking rents on the Upper East Side don’t come cheap, starting somewhere around $70 per square foot, and even higher for Class A assets. Class B properties like 157 East 86th Street tend to be more affordable, and they offer boutique, flexible office space fit for creative businesses or startups.