122 East 57th Street
Upper East Side
New York, NY 10022
- 7,600 sqft
|Space 1 Floor - Suite||7,600 sqft||$45,600 /mo est|
- 0.16 mi🚇45659th Street
- 0.17 mi🚇NRW59th Street-Lexington Avenue
- 0.18 mi🚇EM53rd Street-Lexington Avenue
- 0.24 mi🚌bus m101
- 0.26 mi🚗Alpha Garage
- 0.29 mi🚇651st Street
- 0.31 mi🚇NRW5th Avenue – 59th Street
- 0.32 mi🚇F QLexington Avenue-63rd Street
- 0.32 mi🚇EM53rd Street-5th Avenue
- 0.45 mi🚇F57th Street
- Walk Score®98
- Year Built1910
- Noise Index0.53
122 East 57th Street, New York, NY 10022 is located on 57th Street and Lexington Avenue. The structure was completed in 1910, tops out at 5 stories and contains over 5,681 square feet of office space for rent. 122 East 57th Street features retail space for rent. Retail space in New York City is a booming market as the city has the highest population density and foot traffic per square mile out of any other area in the United States. As a result, retail space in Manhattan, while expensive, often pays for itself through a higher volume of sales and conversions. 122 East 57th Street has been renovated at numerous time throughout its tenure. The improvements have served to improve the office space to modern standards as well as keep building lobby and infrastructure functional and up-to-date. 122 E 57th St is located in Midtown, which is Manhattan’s premier business district. Midtown Manhattan features a huge amount of commercial real estate and is one of the most densely populated pieces of land in the world. There are a huge number of skyscrapers, hotels, restaurants, retailers, bus stops, and train stations that saturate the neighborhood with high quality tenants and both native and tourist foot traffic. The result is a great selection of office space for tenants, and huge foot traffic numbers for retailers. 122 East 57th Street is highly accessible thanks to New York City’s extensive bus and train network. The Metropolitan Transit Authority (MTA) features a huge bus network which make nearly all portions of the city accessible. In addition, the building lies in close proximity to the MTA’s green, yellow, and blue subway lines. These transportation options help make the building easily accessible.
The Upper East Side, comprising Lenox Hill, Carnegie Hill, and Yorkville, has a long history of affluence in New York City. Notable American families with homes here have included the Kennedys, Roosevelts, Rockefellers, and Carnegies.
Compared to the hustle and bustle of Manhattan neighborhoods further south, the Upper East Side moves at a slower, more relaxed pace. The large number of schools, playgrounds, and community centers make the neighborhood feel a bit more suburban. And of course, Central Park and Museum Mile are two of the most popular family destinations in all of the city.
The Upper East Side is also the scene of the newly opened Second Avenue Subway, much to the delight of residential and commercial tenants. The Q-line runs along Second Avenue from 72nd Street up to 96th Street, and has alleviated much of the pressure from the 4,5,6 lines.
Rents for commercial real estate spaces in the Upper East Side fall right at the city-wide average of $72/sqft. For this price you can join the midst of companies such as Dylan’s Candy Bar and Agata & Valentina.