55 West 39th Street, Partial 4th Floor
Office Space
$ 14,625 /month
4,500 SF
Space Overview
This 4,100 SF tech-style office on the partial 4th floor delivers a polished, move-in-ready workspace. Exposed ceilings and polished concrete floors give the space an open, creative feel while the thoughtful layout includes four windowed offices, two conference rooms, open collaborative areas, and two private bathrooms. Everything is in mint condition. The landlord is seeking a 3 to 10-year lease term.
55 West 39th Street stands as an 18-story brick office building designed by architects George & Edward Blum and completed in 1926. The property features a 24/7 attended lobby and ownership with over a century of experience operating Manhattan office buildings. Tenants benefit from excellent ingress and egress along West 39th Street, consistent building maintenance, and proximity to Bryant Park, just one block north.
Neighborhood
The Penn Station and Garment District neighborhood puts your business at the center of Midtown Manhattan. Bryant Park sits one block away, offering green space and seasonal events for lunch breaks and client meetings. Grand Central Terminal, Penn Station, and the Port Authority Bus Terminal are all within a short walk, connecting you to 16 subway lines, NJ Transit, the LIRR, Metro North, and PATH trains. Major fashion labels, including Carolina Herrera and Calvin Klein, maintain showrooms nearby, and the area continues to attract media, tech, and creative firms seeking quality office space at competitive rents. Learn more about the Penn Station/Garment District.
Location
Nearby Public Transportation
42nd Street–Bryant Park - 2 minutes WalkTimes Square - 6 minutes WalkTimes Square–42nd Street - 6 minutes Walk5th Avenue () - 6 minutes Walk34th Street–Penn Station - 8 minutes Walk34th Street–Herald Square - 6 minutes Walk
West 42nd Street & 7th Avenue - 7 minutes WalkWest 42nd Street/Broadway - 6 minutes WalkWest 37th Street/Broadway - 4 minutes WalkWest 34th Street/Broadway - 7 minutes Walk5th Avenue & West 44th Street - 8 minutes Walk5th Avenue & West 42nd Street - 5 minutes WalkMadison Avenue & East 40th Street - 7 minutes Walk
3D tour
To navigate, click areas of the floor where you would like to move. Click and drag to rotate view. If available, you may use arrow keys to navigate the space. Please note the ruler feature, "Dollhouse" and "Floorplan" views (bottom left).
Property Details
Listing 58784
| Size: | 4,500 SF | Rent/SF: | $ 39.00 |
| Monthly Rent: | $ 14,625 | Lease Type: | Direct |
| Available: | 01/01/2025 | Lease Term: | 3-10 years |
| Suite/Floor: | Partial 4th floor | Address: | 55 West 39th Street |
Features
| 24/7 Attended Lobby | Exposed Ceilings |
| Near Bryant Park | Polyurethaned Concrete Floors |
Listings are presented for illustrative purposes only; they may no longer be available and are provided merely as an exemplary representation of the types of spaces in a given neighborhood for a given price.
Midtown is Manhattan’s central hub and its largest and most prominent office market. With roughly 242 million square feet of Midtown office space, there are various options to choose from. Moreover, you have several submarkets to consider in this expansive, diverse area. However, leasing or subletting office space in Midtown Manhattan is not a one-size-fits-all excursion. If you’re looking to find quality Midtown Manhattan office space, and your head’s spinning, it’s understandable. So ask yourself, how do I choose what’s best for my business in this enormous office market? It simply depends on what kind of business you run, what stage your business is in, and your specific needs. Perhaps you want space in an iconic Manhattan landmark, like the Empire State Building and the Chrysler Building. Maybe you want an older, affordable, Class A space by Grand Central at The Chanin Building or The Graybar Building. 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Building class and availability will vary by submarket, but as of Q2, 2022 you could find availability as high as 17.9% in Grand Central or as “scarce” as 6.3% in the U.N. Plaza. Modern Class A office space drives the overwhelming majority of leasing activity in Midtown relative to more cost-effective traditional Class A, Class B, and Class C spaces. The Midtown office market is seeing a flight to quality. Demand for Modern Class A spaces has reached a fever pitch, and supply cannot keep up with demand. Cushman & Wakefield reveals that 84% of total leasing activity in Midtown Manhattan since COVID occurred in Class A office assets. Several Midtown Manhattan deals also exceeded $200 per square foot. These top-of-the-line spaces do not stay on the market for long in Midtown. Take what happened at SL Green’s One Vanderbilt, for example. Midtown was a ghost town during the worst of the pandemic, but this newly opened building was still 67% leased. 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Midtown’s top-tier, Class A buildings boast the highest level of amenities. 780 Third Avenue, for instance, has a private tenants-only dining area, outdoor space, and roof deck. Another example is the Chrysler Club which takes up the entire 27th floor of the Chrysler Building. The facility includes a yoga and meditation center, a shared conference center, and a library and lounge. The Empire State Building also has a tenants-only gym and a full-sized basketball court. Asking rents for Midtown Manhattan office space can range from $30/SF to $200/SF. The surprising range is because the neighborhoods that comprise Midtown Manhattan have vastly different asking rents. You could pay more than $200/SF for a modern Class A skyscraper in Grand Central. On the other hand, you could find a $30/SF office space blocks away in the Accessory District. If you’re looking for Class A office space, Midtown’s average asking price per square foot sat at $83.04 in Q2 2022. 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Moreover, the Path Train from New Jersey services Midtown, the Metro North comes in from Connecticut and Upstate New York, and the Long Island Rail Road (LIRR) currently heads into Penn Station. However, the gloves could be off for Midtown’s complete rebirth with the new LIRR terminal finally opening up beneath Grand Central Station. With a 350,000-square-foot commuter corridor connected to One Vanderbilt and 25,000 square feet of brand-new retail space, the new LIRR terminal will save about 40 minutes of travel time and redirect roughly half of LIRR commuters to Grand Central. The bottom line is that with such vital transit hubs, and the new LIRR terminal, easy commutes from across metro New York City are about to get even easier.
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