brandsquarefoot

16 West 46th Street

Plaza District

New York, NY 10036

  • 4,200 - 19,500 sqft
  • inquire for pricing

Building Details

  • Walk Scoreยฎ100
  • Noise Index0.67
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  • Availability

    UnitSizePriceInquire
    Entire 4th Floor4,200 sqftInquire for pricing
    Entire 5th Floor4,200 sqftInquire for pricing
    6th Floor - Suite19,500 sqftInquire for pricing
    • 0.02 mi๐Ÿฅ˜Emporium Brasil Restaurant
    • 0.04 miโ˜•๏ธFreeFoods
    • 0.09 miโ˜•๏ธStarbucks Coffee
    • 0.09 miโ˜•๏ธeuropa cafe
    • 0.11 miโ˜•๏ธStarbucks Coffee
    • 0.11 mi๐ŸบForty Four
    • 0.12 mi๐Ÿš—Hippodrome Parking
    • 0.12 miโ˜•๏ธGregory Coffee
    • 0.13 mi๐Ÿฅ˜Wolfgang's Steakhouse
    • 0.13 mi๐Ÿฅ˜China Moon
    • 0.13 miโ˜•๏ธToasties
    • 0.13 mi๐Ÿฅ˜Connolly's
    • 0.14 miโ˜•๏ธCafe K
    • 0.14 mi๐Ÿฅ˜Sushi-tei
    • 0.14 miโ˜•๏ธPret A Manger
    • 0.14 mi๐Ÿฅ˜Katsuhama
    • 0.15 mi๐Ÿš—Hippodrome Parking
    • 0.15 mi๐Ÿฅ˜Friday's
    • 0.15 mi๐ŸบP.J. Moran's
    • 0.16 mi๐ŸบMaggie's Place
    • 0.16 mi๐Ÿฅ˜Grasp Grill
    • 0.17 miโ˜•๏ธAu Bon Pain
    • 0.17 mi๐ŸบMad 46
    • 0.18 mi๐Ÿฅ˜Hatsuhana
    • 0.18 miโ˜•๏ธStarbucks Coffee
    • 0.19 mi๐Ÿฅ˜Cosรฌ
    • 0.2 mi๐Ÿš‡75th Avenue
    • 0.2 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.21 mi๐ŸบVander Bar
    • 0.21 miโ˜•๏ธStarbucks Coffee
    • 0.21 miโ˜•๏ธStarbucks
    • 0.21 mi๐Ÿฅ˜Urban Space
    • 0.21 mi๐Ÿฅ˜ammos estiatorio
    • 0.21 mi๐Ÿฅ˜Tender
    • 0.22 mi๐Ÿฅ˜Sushiden
    • 0.22 miโ˜•๏ธStarbucks
    • 0.22 mi๐ŸบHaven Rooftop Bar
    • 0.22 miโ˜•๏ธCafe Metro
    • 0.22 miโ˜•๏ธPret a Manger
    • 0.22 mi๐Ÿฅ˜Del Frisco's
    • 0.23 miโ˜•๏ธBreads bakery
    • 0.23 mi๐Ÿš‡BDFM42nd Street - Bryant Park
    • 0.23 mi๐ŸบO'Lunney's
    • 0.23 mi๐Ÿฅ˜The Lambs Club
    • 0.23 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.23 miโ˜•๏ธStarbucks Coffee
    • 0.23 mi๐Ÿฅ˜St. Andrew's
    • 0.23 mi๐ŸบBXL Cafe
    • 0.23 miโ˜•๏ธWaffels and dinges
    • 0.24 miโ˜•๏ธAndaz
    • 0.24 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.24 mi๐ŸบJimmy's Corner
    • 0.24 miโ˜•๏ธStarbucks Coffee
    • 0.25 miโ˜•๏ธLe Pain Quotidien
    • 0.25 mi๐Ÿฅ˜Havana Central
    • 0.25 mi๐Ÿฅ˜Del Frisco's
    • 0.25 mi๐Ÿฅ˜Bond45
    • 0.25 mi๐Ÿฅ˜Bryant Park Grill
    • 0.26 mi๐Ÿฅ˜LA Fonda Del Sol
    • 0.26 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.26 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.27 miโ˜•๏ธStarbucks Coffee
    • 0.27 mi๐Ÿฅ˜Virgil's Real BBQ
    • 0.27 miโ˜•๏ธNaples 45
    • 0.27 mi๐Ÿฅ˜Tony's
    • 0.27 miโ˜•๏ธStarbucks
    • 0.27 mi๐Ÿฅ˜Planet Hollywood
    • 0.28 mi๐Ÿฅ˜Pera
    • 0.28 mi๐ŸบRooftop Bar
    • 0.28 mi๐Ÿฅ˜Teresa's
    • 0.28 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.28 mi๐Ÿฅ˜Buca di Beppo
    • 0.28 miโ˜•๏ธSouthwest Porch
    • 0.29 mi๐Ÿฅ˜Madison & Vine
    • 0.29 mi๐Ÿฅ˜Sushiden
    • 0.29 mi๐Ÿฅ˜Friday's
    • 0.29 mi๐Ÿฅ˜Brooklyn Diner - Time Square
    • 0.29 miโ˜•๏ธCofeed
    • 0.3 miโ˜•๏ธStarbucks Coffee
    • 0.3 miโ˜•๏ธStarbucks Coffee
    • 0.3 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.31 miโ˜•๏ธFIKA Bryant Park
    • 0.31 mi๐Ÿฅ˜Capital Grille at Time-Life
    • 0.31 miโ˜•๏ธLe Pain Quotidien
    • 0.31 mi๐Ÿฅ˜Iroha
    • 0.31 mi๐Ÿฅ˜Ted's Montana Grill
    • 0.32 mi๐Ÿฅ˜The Heavenly Burger
    • 0.32 mi๐Ÿฅ˜Ootoya
    • 0.32 miโ˜•๏ธFinancier
    • 0.32 miโ˜•๏ธCentral Cafe
    • 0.32 mi๐Ÿš‡S42nd Street -Times Square
    • 0.32 mi๐Ÿฅ˜Pershing Square
    • 0.33 mi๐Ÿบ21 Club
    • 0.33 mi๐Ÿฅ˜Bubba Gump Shrimp Co.
    • 0.34 mi๐Ÿฅ˜Mexicue
    • 0.34 miโ˜•๏ธStarbucks Coffee
    • 0.34 mi๐Ÿฅ˜Hard Rock Cafe
    • 0.34 miโ˜•๏ธMangia Organic
    • 0.34 mi๐Ÿฅ˜Blue Fin
    • 0.34 miโ˜•๏ธEuropa Cafe
    • 0.34 mi๐Ÿš‡NRW49th Street
    • 0.34 mi๐ŸšŒNew York Airport Service
    • 0.34 mi๐Ÿฅ˜Grand Central Place
    • 0.34 mi๐Ÿฅ˜The Counter
    • 0.35 miโ˜•๏ธStarbucks Coffee
    • 0.35 mi๐Ÿฅ˜Roast Chicken
    • 0.35 mi๐ŸบEVR NYC
    • 0.35 mi๐Ÿฅ˜Carmine's
    • 0.35 mi๐Ÿฅ˜The Playwright
    • 0.36 mi๐Ÿฅ˜Le Bernardin
    • 0.36 mi๐Ÿš‡S456742nd Street-Grand Central
    • 0.36 mi๐Ÿฅ˜Fogo de chao
    • 0.36 miโ˜•๏ธKelloggยดs Cafe
    • 0.36 mi๐Ÿฅ˜Salute
    • 0.36 miโ˜•๏ธStarbucks Coffee
    • 0.36 mi๐Ÿฅ˜Ruby Tuesday
    • 0.36 mi๐Ÿฅ˜TGI Fridays
    • 0.37 mi๐Ÿฅ˜The View Restaurant & Lounge
    • 0.37 miโ˜•๏ธBen&jerry
    • 0.37 miโ˜•๏ธStarbucks Coffee
    • 0.37 mi๐Ÿฅ˜Junior's
    • 0.37 mi๐Ÿฅ˜The Modern - The Bar Room
    • 0.37 mi๐Ÿš‡NQRW42nd Street - Times Square
    • 0.38 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.38 miโ˜•๏ธCafe Edison
    • 0.38 mi๐Ÿฅ˜Heartland Brewery
    • 0.38 mi๐Ÿš‡12342nd Street - Times Square
    • 0.39 miโ˜•๏ธLe Pain Quotidien
    • 0.39 mi๐Ÿš‡12342nd Street - Times Square
    • 0.39 mi๐Ÿฅ˜Burger Heaven
    • 0.39 mi๐ŸบThe Wheeltapper Pub
    • 0.39 mi๐ŸบCaroline's on Broadway
    • 0.39 mi๐Ÿš‡12342nd Street - Times Square
    • 0.39 mi๐Ÿฅ˜Red Lobster
    • 0.39 mi๐Ÿš‡12342nd Street - Times Square
    • 0.39 mi๐ŸบThe Shakespeare
    • 0.39 mi๐Ÿฅ˜Curry and Tandoor
    • 0.39 mi๐Ÿฅ˜The Australian
    • 0.39 mi๐ŸบBlaggards Pub
    • 0.39 mi๐ŸบRum House
    • 0.4 mi๐Ÿš‡742nd Street - Times Square
    • 0.4 mi๐Ÿฅ˜Udon West
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 mi๐Ÿš—Quik Park
    • 0.4 mi๐Ÿฅ˜Darbar
    • 0.4 miโ˜•๏ธStarbucks Coffee
    • 0.4 miโ˜•๏ธMarket Cafe
    • 0.4 mi๐Ÿฅ˜Applebee's
    • 0.41 mi๐Ÿš‡150th Street
    • 0.41 mi๐Ÿฅ˜Nanking
    • 0.41 mi๐Ÿฅ˜Aretsky's Patroon
    • 0.41 miโ˜•๏ธFIKA Grand Central
    • 0.41 mi๐Ÿš—Alpha Garage
    • 0.42 mi๐Ÿฅ˜Scarlatto
    • 0.42 mi๐Ÿฅ˜The National
    • 0.42 mi๐Ÿฅ˜Glass House Tavern
    • 0.42 mi๐Ÿฅ˜San Martin
    • 0.42 miโ˜•๏ธMoonstruck
    • 0.42 mi๐Ÿฅ˜Ellen's Stardust Dinner
    • 0.42 mi๐Ÿฅ˜Mozzarella & Vino
    • 0.42 miโ˜•๏ธCafe Metro
    • 0.42 mi๐Ÿฅ˜Pergola Des Artistes
    • 0.42 mi๐ŸบConnolly's
    • 0.43 mi๐Ÿฅ˜Trattoria Trecolori
    • 0.43 mi๐ŸบPark Avenue Tavern
    • 0.43 mi๐ŸบHurley's
    • 0.43 miโ˜•๏ธMacchiato Espresso Bar
    • 0.43 mi๐Ÿฅ˜Aoki
    • 0.43 mi๐Ÿš—Icon
    • 0.43 mi๐Ÿฅ˜Roti
    • 0.43 miโ˜•๏ธStarbucks
    • 0.44 mi๐Ÿš‡651st Street
    • 0.44 mi๐Ÿฅ˜Cafe China
    • 0.44 miโ˜•๏ธDunkin' Donuts
    • 0.44 mi๐Ÿฅ˜Bierhaus
    • 0.44 mi๐Ÿฅ˜Chopt
    • 0.44 mi๐Ÿฅ˜Sammy's House Of BBQ
    • 0.45 mi๐Ÿฅ˜New York Luncheonette
    • 0.45 mi๐Ÿฅ˜Dallas BBQ
    • 0.45 mi๐Ÿฅ˜Four Seasons
    • 0.45 mi๐Ÿฅ˜44th Street Minar
    • 0.45 mi๐ŸบSilverleaf Tavern
    • 0.45 mi๐Ÿฅ˜John's Pizzeria
    • 0.45 mi๐Ÿฅ˜Pongsri
    • 0.45 mi๐ŸบThe Mean Fiddler
    • 0.45 mi๐ŸบRosie O'Grady's Saloon
    • 0.45 mi๐Ÿฅ˜La Messeria
    • 0.45 mi๐Ÿฅ˜Franklin and Johnie's Steakhouse
    • 0.46 miโ˜•๏ธDough Doughnuts
    • 0.46 mi๐Ÿฅ˜La Bonne Soupe
    • 0.46 mi๐Ÿฅ˜Natsumi
    • 0.46 mi๐Ÿฅ˜Il Corso
    • 0.46 mi๐Ÿฅ˜Benoit
    • 0.46 mi๐Ÿฅ˜Bistro Milano
    • 0.46 mi๐ŸบPlaywright Celtic Pub
    • 0.46 mi๐ŸบBill's Gay Nineties
    • 0.46 mi๐Ÿฅ˜Daniela Trattoria
    • 0.46 mi๐Ÿฅ˜Gourmet 45
    • 0.46 mi๐Ÿฅ˜Carve: Unique Sandwich
    • 0.46 mi๐Ÿš—Champion
    • 0.46 miโ˜•๏ธStarbucks
    • 0.46 mi๐Ÿฅ˜Roxy Diner

    Neighborhood

    Plaza District

    The Plaza District is anchored by the southeast corner of Central Park. Most agree that the district is defined between the East River and Seventh Avenues, with 65th and 42nd streets as its North-South borders. The Plaza District derives its name from the landmark 19th-century Plaza Hotel and the Grand Army Plaza. The district is home to many famous buildings and landmarks, including Radio City Music Hall, Rockefeller Plaza, the Chrysler Building, and MoMa.

    Midtown Manhattan is the largest central business district in the world, and the Plaza District boasts some of the most premier commercial real estate in the city. Its tall buildings primarily provide office space for holding companies, investment groups, media groups, consulting firms, accounting firms, and hedge funds. Two-thirds of hedge funds located in NYC have office space in the Plaza District.

    Notable Plaza District tenants include Deloitte, Accenture, Mizuho Americas, Bloomberg Media, Colgate-Palmolive, JP Morgan, Pfizer, Cisco Systems, Fox News, and NBC Studios.

    Plaza District Office Space | Lease Data & Trends

    The Plaza District sees a range of asking rents and holds a Class A average of $94.19 per square foot, compared to the Midtown Class A average of ย $83.71. Many upper floors โ€” especially those with views of Central Park โ€” can lease for up to $200 per square foot, and many of the most expensive Plaza District buildings (such as the SoLow and General Motors Buildings) have an average asking rent of $144 per square foot.

    The cost of office space is largely determined by location, building class, lease terms and length, and renovation costs. Not sure about the differences between Class A and Class B office spaces? What about gross lease, triple net leases, and tenant improvement allowance? A licensed tenant broker will leverage these factors to negotiate your lease, but if you want to learn more for yourself, check out our Leasopedia.

    What Our Brokers Say

    Inventory stands at nearly 102,000,000 square feet, with vacancy around 10%. As some tenants such as Blackwater choose to leave the Plaza District for Hudson Yards, vacancy is expected to go up. The Plaza District is ideal for small to mid-size financial services. Between 2015 and 2017, 65% of signed leases for less than 20,000 square feet in Midtown were concentrated in the Plaza District.

    Co-working spaces are also finding their way into the Plaza District. WeWork has four Plaza District locations and signed a lease at the beginning of 2018 for a 400,000 square foot office space at 750 Lexington Ave. NYC Office Suites has 75,000 square feet covering three floors in the LOVE Building, and Grand Central Tech resides at 335 Madison Ave. Plaza District is also an ideal location for any business that interacts with the United Nations ecosystem of organizations, which are mostly based in Midtown Eastย andย Murray Hill.

    Neighborhood History

    Construction above 42nd Street soared in the 1920s after the completion of Grand Central Station. Thirty new skyscrapers went up in 1927 alone, and Midtownโ€™s reputation as the epicenter of business in New York City only continued to solidify throughout the 20th century.

    Unlike the up-and-coming neighborhoods that value repurposing old warehouses and factories into workspaces, the majority of older buildings in the Plaza District were designed with businesses in mind. There has been little to no large-scale construction in recent years, although landlords are starting to issue significant renovations to attract the younger workforce.

    Getting Around the Plaza District

    The Plaza District provides a variety of transportation options for easy commuting around the city,with Grand Central Station as the primary hub in the south-east corner of the district. Subway lines B, D, F, M, 1, N, Q, R as well as bus lines M1, M2, M3, M4, M5, M7, and M50 service the area. Suburban commuters take the Metro North from Westchester, Putnam, and Dutchess Counties, and much of Connecticut. Taxis are readily available to drive you to your next destination.

    The Plaza District has heavy foot traffic. From the north, employees can enjoy walking or biking to work through Central Park. There are also bike lanes on Second Avenue (southbound) and First Avenue (northbound).

    Nearby neighborhoods include: Columbus Circle, Times Square, Park Avenue, and Fifth-Madison.

     

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