Property Summary – 37 W 47th Street, New York, NY 10036 (Midtown / Diamond District)
Rent: $3,000/month
Type: Office / Commercial Space
Size: 640 ft²
Location: West 47th Street Corridor — Midtown Manhattan (Diamond District / near Rockefeller Center)
Location Description
37 W 47th Street is located in Midtown Manhattan’s Diamond District, a globally recognized commercial area just off Fifth and Sixth Avenue corridors. The neighborhood has steady weekday foot traffic driven by jewelry businesses, office workers, tourists, and nearby corporate activity around Rockefeller Center and Bryant Park.
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This is a practical location for small businesses that benefit from a central address, quick client access, and strong transit connectivity.
Space & Business Potential
At approximately 640 square feet, this is a compact office footprint—ideal for a private suite, small team workspace, back-office operations, or an appointment-based professional office.
Best suited for:
- Small professional office (legal, accounting, consulting, admin)
- Showroom-style appointment office (depending on building rules)
- Startup / creative studio office
- Service-based business needing a Manhattan presence
Key advantages include:
- Prime Midtown address at a smaller, more efficient size
- Manageable monthly rent for Manhattan core
- Flexible layout potential for a small team or private offices
- Strong surrounding business ecosystem for networking and clients
Financial Overview
- Asking Rent: $3,000/month
- Approximate Size: 640 ft²
- Estimated Rent per Square Foot: ~$56/ft² annually (approx.)
Neighborhood Highlights
Nearby demand drivers typically include:
- Diamond District commerce and B2B activity
- Rockefeller Center and Fifth Avenue corporate presence
- Tourism and hospitality flow (hotels, retail, restaurants)
- Dense concentration of services supporting business operations
Transportation
Excellent Midtown access, typically including nearby options such as:
- B / D / F / M (47–50 St Rockefeller Center)
- E / M (5 Av/53 St area)
- N / Q / R / W (49 St)
- Multiple bus routes along 5th/6th Ave corridors
Summary
37 W 47th Street offers a 640 ft² Midtown office at $3,000/month, equating to roughly $56/ft² annually. Its Diamond District location provides a strong central business address and excellent transit access, making it well-suited for a small team, private office use, or client-appointment operations.
