Broadway Office Space between 34th and 42nd Street
Broadway Office Space between 42nd and 34th Street
Broadway office buildings between 34th Street and 42nd Street have experienced a renaissance over the past few years and are in strong demand. The reasons for this include:
(1) Location: Buildings along this stretch of Broadway are nearly equidistant between the major transportation hubs of Penn Station, Port Authority and Grand Central Station.
(2) Street Scene: The Avenue has gentrified. The wheeled clothes racks are gone (although fashion showrooms remain), replaced by a pedestrian park with tables and dining options.
(3) Building Upgrades: Visionary Landlords like the Empire State Realty Trust have invested millions upgrading buildings and amenities so that they appeal to diverse Tenants including media, technology, legal services and finance.
Pricing for Office Space on broadway between 34th and 42nd Street
Costar, the Commercial Real Estate Information Company reports that the quoted asking rents in this area (the Fashion/Penn Plaza District) are:
There are 17 office buildings on Broadway between 34th and 42nd Streets with 8,000,547 square feet of office space. A small selection of offices is shown below. Contact Cogent Realty with your specific requirements: (212) 509-4049.
1333 Broadway
Class B, 1915, renovated
3,513 Pre-built, Call for rent
1350 Broadway
Class B, 1929/2008
4,061 RSF, Pre-built, call for rent
1359 Broadway
Class B, 1924/2007
2,835 RSF Pre-built, asking $64
1375 Broadway
Class B, 1927/Renovated
9,083- 12,235 RSF Pre-built, call for rent
1384 Broadway
Class B, 1928, renovated
9,557 RSF Pre-built, asking $57
1400 Broadway
Class B, 1930/Renovated
2,543 RSF, Pre-built, call for rent
1411 Broadway
Class A, 1970
12,401 RSF, “Test Fit”, call for rent
7 Times Square – 1451 Broadway
Class A, 2004
3,367 RSF “Test Fit”, call for rent
About Cogent Realty Advisors
Cogent Realty Advisors is an independent and licensed NO FEE Realtor with over 15 years of experience representing NYC businesses that lease office space. Our goal is to secure the right office for your business at the right price. For information, phone Mitchell Waldman at (212) 509-4049.
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