The building is a stable, well-located property offering an exceptional value proposition compared to newer Class A office developments, making it ideal for businesses seeking a prestigious Midtown address without the premium rates found in nearby buildings.
Key Features
- Asking Rent: $11,000 / month
- Available Space: 2,500 SF
- Property Type: Office / Commercial Space
- Lease Type: Direct Lease
- Building Class: O5 – Office Building 1-6 Stories
- Year Built: 1930
- Stories: 6 Stories
- Building Size: 14,060 SF total
- Commercial Spaces: 11
- Layout: Functional, open floorplan suitable for a variety of professional, creative, and corporate office uses
- Neighborhood Highlights: Located in Midtown East, steps from Grand Central Terminal, Bryant Park, and Fifth Avenue luxury shopping
Neighborhood Highlights
20 East 49th Street is situated in the heart of Midtown East’s prestigious Grand Central-Plaza District, one of Manhattan’s most central and sought-after commercial neighborhoods . The area is defined by its architectural landmarks, corporate headquarters, luxury hotels, upscale boutiques, and high-end dining destinations .
The property offers unparalleled transit connectivity, placing your business at the absolute center of regional and local transit lines . Grand Central Terminal is just a brief walk away, providing immediate access to the Metro-North Railroad alongside the 4, 5, 6, 7, and S subway lines. The Grand Central Madison LIRR Concourse, located just two blocks away, brings the Long Island Rail Road directly to the East Side . Bryant Park and Rockefeller Center are also within easy walking distance, offering opportunities for employee breaks, client entertainment, and cultural engagement .
Summary
The 2,500 SF office suite at 20 East 49th Street, New York, NY 10017, is available for $11,000 per month under a direct lease. With its prime Midtown East location, historic building character, excellent transit access, and competitive pricing, this property represents a compelling opportunity for businesses seeking a distinguished and well-connected headquarters in the heart of New York City.