Office

Affordable Office Space in the Diamond District – 71 W 47th Street, Midtown

Address: 71 West 47th Street, New York, NY, 10036
Price: $2,500/month
Square Feet: 471 SF
Type: Office Space

Property Overview:

Located on West 47th Street in the heart of the Diamond District — one of Midtown’s most unique and specialized commercial districts — 71 W 47th Street offers 471 SF of affordable office space at exceptional value for this prime location. Ideal for small businesses, solo practitioners, jewelry professionals, gemologists, appraisers, watchmakers, or service-based businesses seeking a convenient, well-located office at an unbeatable price point. Situated between Fifth Avenue and Sixth Avenue, this space benefits from proximity to Rockefeller Center, Times Square, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Diamond District / Midtown / Rockefeller Center 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, retailers, gemologists, appraisers, and watchmakers, attracting buyers and professionals 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, heavily trafficked, and commercially active districts.
• 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 (Saks Fifth Avenue, Tiffany & Co., Cartier, Chanel, Dior, Louis Vuitton).
• Minutes from Radio City Music Hall, St. Patrick’s Cathedral, Trump Tower, Bryant Park, Grand Central Terminal, and MoMA (Museum of Modern Art).

Efficient & Functional Office Layout:

• 471 SF of well-proportioned office space — perfectly sized for a small business, solo practitioner, jewelry professional, or service-based business.
• Flexible floor plan suitable for a private office with a small reception/waiting area, or a small workroom for jewelry-related businesses.
• Large windows providing abundant natural light — a valuable asset for any office environment.
• At $5.31 per square foot, this represents exceptional value for office space in this prime Midtown location — one of the most affordable rates in the Diamond District.

Exceptional Value – Under $5.35 per Square Foot:

• At $5.31 per square foot, this is an extraordinary value for office space in the Diamond District, one of Manhattan’s most central and accessible locations.
• The combination of price, location, and transit access makes this an unparalleled opportunity for small businesses and solo practitioners.

Excellent Transit Access – Unbeatable:

• Moments from 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) and Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
• Multiple bus routes serve Fifth Avenue, Sixth Avenue, and 47th Street (M1, M2, M3, M4, M5, M7, M50, M55, M104, Q32).
• 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.
• Rockefeller Center and Times Square are just steps away, offering world-class entertainment, dining, and nightlife.
• The area is home to numerous corporate headquarters, law firms, financial services, non-profits, creative agencies, and media companies.
• Ideal for businesses such as:
• Jewelry professional (appraiser, wholesaler, gemologist, designer, watchmaker)
• Small business office
• Solo practitioner (consultant, coach, advisor)
• Non-profit or foundation
• Law office (solo or small firm)
• Real estate office
• Financial advisory or wealth management
• Creative studio or freelance workspace
• Accounting or tax preparation
• Insurance agency

Highlights:
✔ 471 SF of affordable office space in the Diamond District
✔ $2,500/month — exceptional value at just $5.31 per square foot
✔ Efficient, functional layout suitable for solo practitioners or small businesses
✔ 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 trains, Grand Central, Penn Station
✔ Prestigious Midtown location in the world-famous Diamond District
✔ Perfect for jewelry professionals, small businesses, or solo practitioners seeking value and a prime Midtown location

Conclusion:

71 W 47th Street offers an exceptional opportunity for small businesses, solo practitioners, and jewelry professionals seeking affordable, well-located office space in the heart of the Diamond District — one of Midtown’s most unique, central, and accessible locations, steps from Rockefeller Center and Times Square. With 471 SF of functional, light-filled space, a prime West 47th Street location in the world-famous Diamond District, and access to unparalleled transit and a vibrant 24/7 neighborhood, this property is perfect for jewelry professionals, gemologists, appraisers, watchmakers, or small business owners looking to establish or expand their presence in Midtown — all at an extraordinary value of just $5.31 per square foot.

Contact us today to schedule a private tour and secure this premier Diamond District office space!