Commercial Investment Property for Lease – 40 East 61st Street, New York, NY 10065
Asking Rent: $120,000 / Month
Available Space: 6,500 Sq. Ft.
Property Type: Commercial (Retail / Office / Showroom)
Architectural Style: Mid-Rise Luxury Commercial
Year Built: N/A
Availability: Immediate
Property Overview
Situated steps from Madison Avenue in the Upper East Side’s luxury district, 40 East 61st Street offers 6,500 square feet of premier commercial space. With its elegant façade, prestigious address, and proximity to world-renowned boutiques, galleries, and hospitality venues, this property is ideal for flagship retail, showroom, medical/wellness practices, or high-end office use.
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Key Features
- Total Area: 6,500 sq. ft.
- Asking Rent: $120,000 / Month
- Rent per Sq. Ft.: ≈ $221.54 / SF per year
- Stories: Multi-floor luxury commercial property
- Construction: High-end masonry façade with modern interiors
- Location Advantage: Premier Upper East Side corridor adjacent to Madison Avenue luxury retail
Interior Highlights
- Layout: Flexible multi-floor configuration suitable for retail, showroom, or medical use
- Ceiling Height: High ceilings with expansive window lines for natural light
- Amenities: Elegant finishes, excellent signage visibility, and prestigious building presence
- Accessibility: Steps from the Q, 4, 5, 6 subway lines and crosstown bus routes
Utilities & Systems
- Heating: Central system
- Cooling: Central HVAC
- Infrastructure: Fully equipped for modern commercial tenants
Taxes
- Property Taxes: Determined by lease structure
- Tax Year: 2025
Summary
The 6,500 sq. ft. space at 40 East 61st Street presents a rare Upper East Side leasing opportunity. With its proximity to Madison Avenue luxury retail, prestigious address, and adaptable interior, the property is perfectly suited for flagship retail, luxury showrooms, boutique medical/wellness operators, or high-end office tenants seeking a premier Manhattan presence.
