Commercial Office Space for Lease – 43 West 23rd Street, New York, NY 10010
Asking Rent: $40,000 / Month
Size: 13,157 SF
Price per SF: ~$36 / SF annually
Property Type: Office / Professional / Corporate Workspace
Status: Active
Property Overview
43 West 23rd Street offers approximately 13,157 SF of office space in the heart of the Flatiron / Midtown South corridor, one of Manhattan’s most established business districts. The large floor plate provides a flexible layout ideal for corporate, professional, or creative office users seeking a centrally located Manhattan address with excellent transit access.
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Key Features
- Total Size: 13,157 SF
- Asking Rent: $40,000/month ($480,000 annually)
- Price per SF: ~$36 annually
- Use Flexibility: Suitable for professional offices, corporate headquarters, tech or creative firms, medical/administrative users, or nonprofit organizations
- Layout: Large contiguous floor plate with potential for open workspace, private offices, and conference rooms
- Condition: Delivered ready for tenant build-out or light customization
Market Profile
- Target Tenants: Professional service firms, consulting companies, tech firms, creative agencies, medical or administrative offices, and corporate users
- Neighborhood Demand: Flatiron and Midtown South remain among Manhattan’s strongest office submarkets due to central location and proximity to major transit hubs
- Competitive Advantage: Large-format office space at a highly competitive rent compared to nearby Flatiron and Midtown office properties
Location Advantages
- Neighborhood: Flatiron / Midtown South
- Proximity: Madison Square Park, Fifth Avenue, Union Square, and Herald Square
- Transit: Served by N, R, W, F, M, 4, 5, 6, and multiple bus lines nearby
- Amenities: Surrounded by restaurants, cafés, hotels, and business services
Summary
The 13,157 SF office space at 43 West 23rd Street presents a strong leasing opportunity at $40,000/month (~$36/SF annually) in the Flatiron / Midtown South corridor. With a large flexible layout, excellent transit connectivity, and highly competitive pricing, this property is well suited for office users seeking a centrally located and cost-effective Manhattan workspace.
