|Address:||52 Duane Street||Class:||B|
|Cross Streets:||Elk Street & Reade Street||Size:||102,000 SF|
The office building located at 52 Duane Street in Lower Manhattan was built in 1935, in an excellent location close to City Hall, Foley Square, and the Jacob Javits Federal Building. Nowadays, the building serves as a home for office and retail tenants looking for quality, Class B office space in a well-connected location.
102 KSF of Class B Civic Center Office Space
The property at 52 Duane Street offers a total of roughly 102,000 square feet of Class B Civic Center office space. The 10-story is currently owned and managed by Benjamin Partners, with Newmark Knight Frank handling leasing. The asset incorporates both modern office space and ground-floor retail space. It is an ideal choice for small businesses and legal professionals, given its proximity to City Hall and other legal landmarks in NYC.
Getting to and from 52 Duane Street
52 Duane Street benefits from an excellent location in Downtown Manhattan, offering tenants easy access to destinations like Foley Square, the Jacob K. Javits Federal Building, City Hall, and the New York County Supreme Court. Those working in the building also have access to public transportation via the Chambers Street and Brooklyn Bridge-City Hall subway stations, which serve the 4, 5, 6, J, M, and Z lines.
Who is renting office space at 52 Duane Street?
The NYC office building at 52 Duane Street is a perfect choice for lawyers and other legal professionals, but it’s also a good option for small businesses and retailers. Notable tenants occupying office and retail space in the building include the New York City Law Department, H&R Block, Weg & Myers, and AdvantageCare Physicians.
How much is the rent price for office space at 52 Duane Street?
The average asking rent for office space at 52 Duane Street starts around $50 per square foot but can go higher depending on the lease terms. Office rents at the building are roughly on par with the average commanded in Lower Manhattan. They are considerably more affordable than rents in Midtown Manhattan, which can go as high as $90 or $100 per square foot.
Building image via Google Street View