Office

Commercial Office Space for Lease – 15 E 32nd Street, New York, NY 10016

Asking Rent: $21,000 / Month
Size: 5,000 SF
Price per SF: ~$50 / SF annually
Property Type: Office / Professional / Corporate Workspace
Status: Active

Property Overview

15 East 32nd Street offers approximately 5,000 SF of office space in the Midtown South / NoMad submarket, a highly desirable location for professional services, creative firms, and growing companies. The property benefits from proximity to major business corridors, transit hubs, and neighborhood amenities, providing an efficient and well-connected office environment.

Key Features

• Total Size: 5,000 SF
• Asking Rent: $21,000/month ($252,000 annually)
• Price per SF: ~$50 annually
• Use Flexibility: Ideal for professional offices, tech startups, design firms, consulting companies, or boutique corporate headquarters
• Layout: Configurable floor plan with open workspace, private offices, and conference room potential
• Condition: Delivered ready for tenant improvements or light build-out

Market Profile

• Target Tenants: Professional services firms, creative agencies, tech companies, consulting firms, financial services, or medical/administrative offices
• Neighborhood Demand: Midtown South and NoMad remain strong office submarkets due to their central location and appeal to both corporate and creative tenants
• Competitive Advantage: At approximately $50/SF, this space offers an attractive value compared to higher-priced Midtown Class A office buildings

Location Advantages

• Neighborhood: Midtown South / NoMad
• Proximity: Madison Square Park, Fifth Avenue, Herald Square, and Flatiron District
• Transit: Excellent access to 6, N, R, W, B, D, F, and M subway lines, plus nearby Penn Station and Grand Central Terminal
• Amenities: Surrounded by restaurants, cafés, hotels, and business services

Summary

The 5,000 SF office space at 15 East 32nd Street presents a strong leasing opportunity at $21,000/month (~$50/SF annually) in the Midtown South / NoMad corridor. With flexible layout potential, excellent transit access, and competitive pricing, this property is well suited for professional or corporate users seeking a centrally located Manhattan office.