21 West 86th Street, New York, NY 10024 – Upper West Side
Asking Rent: $25,000/month
Space: 4,986 sq ft
Property Type: Office
Rent per Sq Ft: $5.01/month ($60.12/sq ft annualized)
Property Overview
This 4,986-square-foot office space at 21 West 86th Street offers a substantial and prestigious professional presence on a prime Upper West Side residential corridor. With an asking rent of $25,000 per month, it is positioned for established firms—such as medical practices, private equity/family offices, psychotherapy collectives, boutique law firms, or non-profit organizations—that value a classic, dignified address close to Central Park and a stable, affluent residential community. The space provides a more traditional and less corporate alternative to Midtown high-rises.
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Space Highlights
- Substantial professional office space of 4,986 sq ft, likely configured as a full floor or multiple floors in a classic pre-war building.
- Suitable for a medical suite (specialists, therapy), private wealth management/family office, boutique law or consultancy, non-profit headquarters, or a creative agency seeking a residential neighborhood vibe.
- Features likely include high ceilings, large windows overlooking the street, traditional pre-war details, and a functional layout for private offices and common areas.
- Will require a custom build-out to suit the specific professional needs, which could include soundproofing, specialized plumbing for medical use, or custom cabinetry for legal/financial firms.
- Building likely offers a professional lobby, elevator service, and possibly on-site management.
Location & Neighborhood
- Prime Upper West Side location on West 86th Street between Central Park West and Columbus Avenue.
- Situated in one of Manhattan’s most prestigious and sought-after residential neighborhoods, known for its cultural institutions, excellent schools, and historic architecture.
- Immediate proximity to Central Park, offering a serene and prestigious backdrop.
- Surrounded by a dense population of high-net-worth individuals, families, and professionals.
- Strong local foot traffic from residents, but the business model is typically destination/ appointment-based rather than impulse walk-in.
- Excellent transit access via the B, C trains at 86th St and the 1 train at 86th St-Broadway. Multiple crosstown and north-south bus lines serve the area.
- Walkable to the American Museum of Natural History, Riverside Park, and the vibrant dining and retail on Columbus and Amsterdam Avenues.
Summary
Priced at $25,000/month ($5.01/sq ft/month), this 4,986 sq ft office space at 21 West 86th Street offers a competitive per-square-foot rate for a sizable, prestigious professional footprint on the Upper West Side. The annualized rent of $60.12 per square foot is reasonable for a full-service, classic building in this high-demand residential neighborhood. This space is ideal for a firm whose clientele is local or values the convenience, safety, and prestige of an Upper West Side address. It represents an opportunity to establish a distinguished, stable headquarters away from the high cost and intensity of Midtown, perfect for businesses that prioritize a long-term presence in a community-oriented environment.
