Empire State Building Office Rental Guide for 2023

Empire State Building Office Rental Guide for 2023 

Empire State Building

Photo courtesy of Costar, the world leader in commercial real estate information,

An Empire State Building Office Rental is a fantastic choice for New York City businesses requiring these key features: 

•  Strong corporate credibility and prestige established by locating at one of the world’s most famous buildings

• Modernized best-in-class business environment and technology

• Tenants-only amenity center coming 2023

• Energy Star Certified and newly installed MERV-13 air filtration

• Excellent value when compared to alternative Class A buildings

• Large inventory of pre-built move in ready offices

• Prestigious Tenant roster with well-known Fortune 500 companies including LinkedIn, Global Brands Group, Shutterstock and the FDIC.

• High density of nearby restaurants, hotels and services

Call Cogent Realty Advisors for information: (212) 509-4049.

 

The Empire State Building has a fascinating history. Use the preceding link for a video that begins with construction and follows the changes in its fortunes and ownership throughout the years.. 

 

 

LOCATION

The Empire State Building is located at 350 Fifth Avenue at the south west corner of 34th Street. This location is equidistant from both Penn Station and Grand Central Terminal. The #6 train is found on Park Avenue and 33rd Street and the N, R, Q, W, B, D and F at 34th Street and Broadway. Both Fifth Avenue and 34th Street have bus service

 

 

 

 

Empire State Building architecture 

empire state buildingSoaring 1,454 feet over midtown Manhattan, the Empire State Building is a center core office building which means that the elevators, stairs and mechanical systems are in the middle of each floor. As a result, there are windows on four sides providing excellent light and views for both open collaborative work environments, and more traditional layouts containing perimeter offices

Intelligently Designed Offices 

The Empire State Building offers intelligently designed fully constructed office suites that are ready for immediate occupancy. All suites feature interior finishes that exceed those found in most other Class A buildings. Included are high ceilings (finished or open), upgraded lighting fixtures, wood and glass fronted offices, and contemporary pantries outfitted with Energy Star- rated stainless steel appliances. 

 There is a large inventory of offices for lease ranging from 2,800 rentable square feet (RSF) up to full tower floors of 26,000 RSF. A small sample of office suites is shown below. (Note: Furniture is not included in the rent, and can be provided by the Landlord at an extra cost.)
Empire State Building

Prebuilt Suite, 3,282 RSF

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Empire State Building

Prebuilt Suite, 3,311 RSF

 

 

 

 

 

 

 

 

 

 

 

Empire State Building

Prebuilt Suite, 4,065 RSF

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Empire State Building

Prebuilt Suite, 5,121 RSF

 

 

 

 

 

 

 

Empire State Building

Prebuilt Suite, 5,470 RSF

 

 

Empire State Building

Prebuilt Suite, 7,668 RSF

 

Empire State Buildingh

Raw space. Landlord will Build-to-Suit. “Test Fits” shown. 10,000- 20,536 RSF.

 

 

 

 

 

 

 

 

 

 

 

Empire State Building

Raw space. Landlord will Build-to-Suit. 23,186 RSF.

 

 

 

 

 

 

 

 

 

The Cost of Renting an Office at the Empire State Building 

Asking rents range from $65.00- $75.00 per rentable square foot depending on the view, elevation and build-out of your office. Previously occupied offices may be discounted. Additional office overhead costs include electricity, annual rent increases and annual real estate tax increases.

 

Sublease Office Rentals

A Sublease can offer a discounted rent for pre-built office space and often includes furniture. Link to our blog Sublease Rewards and Sublease Risks.

Today, there is a record quantity of Sublease space for rent at the Empire State Building ranging in size from 2,776 RSF to entire floors.

Call Cogent Realty Advisors for information: (212) 509-4049.

Sublease term thru April 2024. Prebuilt Suite, 2,776 RSF.

 

 

 

 

 

 

 

 

 

 

Photo by Yoav Aziz

Your Corporate HQ at the Empire State Building
  • Class A, Art Deco building constructed in 1931. In 2010, $550 million was spent on infrastructure renovations and energy efficiency. 
  • 2,800,118 SF total building area. 12,905 – 100,512 RSF floors. 102 stories tall and rising 1,454 feet.
  • 24- hour, 7- day access. A total of four dedicated Tenant-only entrances on 33rd and 34th Street. Uniformed lobby concierge, uniformed security and turn-style access cards for Tenants.
  • Visitor reception desk with a card access controlled web-based  system. 
  • 73 passenger and six freight elevators.
  • Central HVAC provided Monday to Friday, 8:00 am- 6:00 pm. Overtime and supplemental AC available.
  • Fully sprinklered building, emergency lighting and power. 
  • Six nearby parking garages. 
  • Separate entrance and elevator for the famous Empire State Building Observatory
  • Owned and managed by ESRT, a publicly traded company.
  • New York, NY 10118.

 

 

The “Urban Campus” at The Empire State Building

Designed for today’s work-life style.

Fitness Center:  15,000 square feet for Tenants-only.

Note: There is a Bike Room in the building.

 

 

 

 

 

Conference Center on the 67th floor offers spectacular views and catering for Tenants-only.

 

 

 

 

 

 

Multi-purpose space coming in 2023.

  • 400+ person town hall
  • Lounge
  • Basketball court
  • Golf simulator
  • Scooter racks

 

 

7 Dining Options at the Empire State Building

 

 

 

 

 

 

 

 

Executive Dining at the STATE Grill and Bar (called a “winner” by ZAGAT).

 

 

 

 

 

Finding the Perfect Office Space is a Big Decision

Cogent Realty Advisors is an independent, licensed New York State commercial realtor founded in 2002.

•As a tenant-representation company, Cogent Realty is focused solely on representing the interests of  business Tenants that rent office space.

•Tenants pay no fee for using our service.

•Cogent provides objective expertise in finding office space and negotiating lease agreements. Our experience and knowledge in the New York market means that we can secure the best office space for you with favorable terms and pricing.

For help with your office real estate, contact Mitchell Waldman: (212) 509-4049.

#EmpireStateBuildingoffice