Affordable Office Space in the Diamond District / Theater District – 62-72 W 47th Street
Address: 62-72 W 47th Street, New York, NY, 10036
Price: $9,000/month
Square Feet: 1,800 SF
Type: Office Space
Property Overview:
Located on West 47th Street in the heart of the Diamond District – at the intersection of the Theater District and Times Square – 62-72 W 47th Street offers 1,800 SF of affordable office space at exceptional value for this prime Midtown location. Ideal for small businesses, jewelry professionals, non-profits, law offices, real estate firms, financial advisors, creative agencies, or service-based businesses seeking a convenient, well-located office at an unbeatable price point. Situated between Fifth Avenue and Sixth Avenue (Avenue of the Americas), this space benefits from proximity to Rockefeller Center, Times Square, Grand Central Terminal, and some of the city’s best dining, shopping, and transit.
Key Features:
Prime Diamond District / Theater District / Fifth Avenue Location:
- Situated on West 47th Street, the historic heart of the Diamond District — one of New York City’s most unique and specialized commercial districts, known for its concentration of jewelry showrooms, wholesalers, and retailers, attracting buyers from around the world.
- Located between Fifth Avenue and Sixth Avenue (Avenue of the Americas), placing your business at the center of one of Midtown’s most dynamic and commercially active corridors.
- Just steps from Rockefeller Center (49th-50th Streets between Fifth and Sixth Avenues), Times Square (42nd-47th Streets between Broadway and Seventh Avenue), and Fifth Avenue luxury shopping (Bergdorf Goodman, Tiffany & Co., Cartier, Chanel, Dior, Louis Vuitton).
- Minutes from Radio City Music Hall, St. Patrick’s Cathedral, Saks Fifth Avenue, Trump Tower, Grand Central Terminal, Bryant Park, and the New York Public Library.
- Short walk to Penn Station and Port Authority Bus Terminal.
Spacious & Functional Office Layout:
- 1,800 SF of well-proportioned office space — ideal for open-plan workstations, private offices, or a hybrid layout.
- Flexible floor plan suitable for small businesses, jewelry professionals, non-profits, law offices, real estate firms, financial advisors, creative agencies, or professional services.
- Large windows providing abundant natural light — a valuable asset for any office environment.
- Functional layout with potential for private offices, conference rooms, a reception area, and kitchen/break room.
- Existing infrastructure may include IT/server rooms — easily customizable.
- At $5 per square foot, this represents exceptional value for office space in this prime Midtown location — one of the most affordable rates in the area.
Exceptional Value – Just $5 per Square Foot:
- At $5 per square foot, this is an extraordinary value for office space in the Diamond District / Theater District.
- The combination of price, location, space, and transit access makes this an unparalleled opportunity for businesses seeking an affordable office in a prime Midtown location.
Excellent Transit Access – Unbeatable:
- Moments from the 47th-50th Streets – Rockefeller Center subway station (B, D, F, M) and the 49th Street station (N, Q, R, W) on Broadway.
- Close to Times Square – 42nd Street station (1, 2, 3, N, Q, R, W, S, 7) , 42nd Street – Bryant Park station (B, D, F, M) , and 50th Street station (1) .
- Short walk to Grand Central Terminal (4, 5, 6, 7, S) , Penn Station (1, 2, 3, A, C, E) , and Port Authority Bus Terminal.
- Multiple bus routes serve Fifth Avenue, Sixth Avenue, and 47th Street (M1, M2, M3, M4, M5, M7, M50, M55, M104, Q32, BxM3, BxM4, BxM6, BxM7, BxM8, BxM9, BxM10, BxM11, BxM18).
- Unbeatable commuter convenience for employees and clients from all five boroughs, New Jersey, Long Island, Westchester, Connecticut, and beyond.
Convenient, Central Location:
- This location offers unparalleled convenience for clients and employees, with easy access to every subway line, major commuter rail stations, and bus routes.
- The Diamond District attracts a specialized clientele, including buyers, sellers, appraisers, and jewelry professionals from around the world — making it an ideal location for businesses serving the jewelry trade.
- The Theater District and Times Square are just steps away, offering a 24/7 environment with constant activity from Broadway shows, tourists, office workers, and hotel guests.
- The area is home to numerous corporate headquarters, law firms, financial services, non-profits, creative agencies, and retailers.
- Ideal for businesses such as:
- Small business office
- Jewelry professional (appraiser, wholesaler, designer, retailer)
- Non-profit or foundation
- Law office or legal services
- Real estate office
- Financial advisory or wealth management
- Creative agency or design studio
- Accounting or tax preparation
- Insurance agency
Highlights:
✔ 1,800 SF of affordable office space in the Diamond District / Theater District
✔ $9,000/month — exceptional value at just $5 per square foot
✔ Flexible, functional layout suitable for small businesses, jewelry professionals, non-profits, or law offices
✔ Large windows with abundant natural light
✔ Steps from Rockefeller Center, Times Square, and Fifth Avenue luxury shopping
✔ Unbeatable transit access — B, D, F, M, N, Q, R, W, 1, 2, 3, 7, S, 4, 5, 6, A, C, E trains, Grand Central, Penn Station
✔ Perfect for businesses seeking value and a prime Midtown location
Conclusion:
62-72 W 47th Street offers an exceptional opportunity for small businesses, jewelry professionals, non-profits, and professional service providers seeking affordable, well-located office space in the heart of the Diamond District — at the crossroads of the Theater District, Times Square, and Fifth Avenue. With 1,800 SF of functional, light-filled space, a prime West 47th Street location steps from Rockefeller Center, Times Square, and Grand Central Terminal, and access to unparalleled transit, this property is perfect for small businesses, jewelry professionals, law offices, non-profits, or creative agencies looking to establish or expand their presence in Midtown — all at an extraordinary value of just $5 per square foot.
Contact us today to schedule a private tour and secure this premier Diamond District office space!