Office

940 Third Avenue, New York, NY 10022 – Midtown East / Upper East Side Border
Asking Rent: $7,500
Size: 1,400 sq ft
Use: Boutique Corporate Office / Professional Services / Medical / Financial / Consultancy
Lease Type: Commercial Lease (Office)
Price per Sq Ft: ~$64.29/sq ft/year | ~$5.36/sq ft/month

Property Overview

This 1,400-square-foot office space at 940 Third Avenue offers a well-positioned professional suite in a prime corridor between Midtown East and the Upper East Side. With an asking rent of $7,500, this space provides a moderate-to-premium price per square foot for a full-floor or multi-room office in a well-maintained, full-service building. It is ideal for a boutique financial firm, law practice, consultancy, medical office, or established small business seeking a prestigious yet practical address with excellent access to corporate clients, luxury residential neighborhoods, and transit.

Space Highlights

• Spacious 1,400 sq ft private office suite, suitable for 6-12 employees
• Competitive price per square foot for a professional-grade office in a high-demand east side location
• Likely features a mix of private offices, workstations, a reception area, and conference space
• Full-service building likely includes elevators, security, and possibly shared amenities
• Turnkey-ready or requiring minimal build-out for professional services use

Location & Neighborhood

• Prime location on Third Avenue between 56th and 57th Streets, near Bloomingdale’s and the Plaza District
• In a high-density corridor of corporate offices, luxury residences, upscale hotels, and flagship retail
• Serves both the corporate Midtown East market and the affluent Upper East Side residential base
• Surrounded by fine dining, high-end shopping, and major medical institutions
• Excellent access to subway lines (4/5/6, N/Q/R/W, F) at 59th Street-Lexington Avenue and 57th Street
• Walkable to Central Park, Sutton Place, and the business hubs of Park and Madison Avenues

Summary

Offered at $7,500 per month (~$64.29/sq ft/year), this 1,400 sq ft office at 940 Third Avenue is a balanced and strategic choice for a professional services firm. It offers a substantial amount of private, functional space at a per-square-foot cost that reflects its desirable location and building quality. This space is perfect for a business that values a prestigious east side address, proximity to both corporate and residential clientele, and a professional environment that projects stability and success without the extreme cost of a trophy Fifth or Park Avenue address.