Great Value for Furnished Office Space in Midtown Manhattan
Located at the corner of Lexington Avenue and 57th Street, 135 East 57th Street is one of the Cohen Brothers’ most prestigious Class A office buildings. Neighboring both the Plaza District and Upper East Side, it is a stone’s throw away from multiple transportation hubs, Central Park, high-end hotels & restaurants, as well as the 59th Street Bridge. Though the building has historically catered to financial services firms, law firms, and high-end luxury companies, WeWork, the shared office space provider with a $16 Billion valuation, recently leased a big block of space due to the proximity to Upper Manhattan. Though there are some small units available on a direct basis in this office tower, there is a unique and extremely well-priced sublease being offered from our exclusive client, Turtle Bay Capital.
Located on the fourth floor, Turtle Bay’s space was recently built with a traditional installation including dropped ceilings, wood doors, and glass sidelights. Though the space is not necessarily as modern as more recent installations in Midtown, there is a tremendous amount of value and function to be had if considering to be in the neighborhood (click here to contact us for the asking rent). Measuring 4,200 rentable square feet, it is efficiently configured and furnished with 8 offices; a large conference room, breakout room, and open area for 6-8 people (click here to see the floor plan). This unit also boasts remarkable views up Lexington Avenue. Lastly, there is a healthy amount of term left (Through January 30, 2021), affording an incoming subtenant the opportunity to lock into a below market rent for roughly 5 years.
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