40 West 57th Street

Located in the Plaza District of Manhattan, 40 West 57th Street is a 36-story office building constructed in 1972. It offers superior Class A office space covering a total area of more than 712,000 square feet. The building is well-equipped with fiber providers like Verizon New York, Lightower, tw telecom, and Level 3 Communications, ensuring reliable connectivity. Prospective tenants have a range of rental options to choose from, including small to medium-sized workspaces, large offices, and subleasing opportunities. Although co-working spaces are not currently available, Optimal Spaces can assist tenants in finding favorable lease agreements without any charge. The building is already occupied by renowned corporations such as Taconic Capital Advisors LP, AlixPartners, VF Sportswear, PointState Capital, Highbridge Capital Management, and Nautica. The average rental rate for offices in this building is $110 per square foot in 2021, and it is projected to increase to $115 per square foot in 2022, aligning with industry norms. The highly desirable location of the Plaza District ensures easy access to excellent connectivity, with several nearby subway stations, including a two-minute walk to the F train station and a five-minute walk to the 57th Street Subway Station, providing convenient access to the N, Q, and R train lines.