Commercial Property for Lease – 40 Wall Street, New York, NY 10005
Asking Rent: $250,000 / Month
Size: 18,500 SF
Price per SF: ~$162 / SF annually
Property Type: Office / Institutional / Retail
Location: Financial District – Lower Manhattan
Availability: Immediate
Property Overview
40 Wall Street, also known as the Trump Building, is an iconic landmark office tower in Manhattan’s Financial District. The available 18,500 sq. ft. space offers tenants a prestigious Wall Street address with large, contiguous floor space suitable for corporate headquarters, institutional users, or flagship retail/showroom operations.
The building is one of Lower Manhattan’s most recognized skyscrapers, combining historic architecture with modern infrastructure, and provides tenants with exceptional branding potential.
Key Features
- Total Size: 18,500 SF
- Asking Rent: $250,000/month ($3,000,000 annually)
- Price per SF: ~$162 annually
- Floor Plan: Expansive footprint, suitable for office, institutional, or retail use
- Building Type: Historic Wall Street skyscraper with Class A infrastructure upgrades
- Frontage: Prestigious Wall Street address and visibility
- Condition: Ready for tenant build-out
Market Profile
- Target Tenants: Law firms, financial institutions, corporate HQs, government/NGO, flagship retail, or cultural/educational users
- Neighborhood Demand: The Financial District continues to attract a diverse tenant base, with strong demand from financial services, tech, legal, and retail sectors
- Competitive Advantage: Offers large contiguous block of space at a competitive $/SF compared to Midtown Class A towers
Financial Highlights
- Monthly Rent: $250,000
- Annual Rent: $3,000,000
- Price per SF: ~$162 annually
- Lease Terms: Direct lease, long-term anchor tenancy preferred
- Upside Potential: Prestigious address + ability to secure a large block in a landmark building at competitive Downtown pricing
Location Advantages
- Neighborhood: Financial District – Wall Street corridor
- Proximity: NYSE, Federal Reserve Bank, World Trade Center, Battery Park
- Accessibility: Steps from 2/3, 4/5, J/Z, and R/W subway lines, PATH trains, and ferries
- Foot Traffic: Dense professional workforce, global financial hub, and growing residential/tourist base
Summary
The 18,500 sq. ft. space at 40 Wall Street is a rare large-block leasing opportunity in a historic Wall Street tower. At $250,000/month (~$162/SF annually), it offers prestige, scale, and branding power for corporate, institutional, or flagship retail tenants seeking a long-term presence in New York City’s financial core.