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49 West 45th Street

Plaza District

New York, NY 10036

  • 5,100 - 5,400 sqft
  • inquire for pricing

Building Details

  • Walk Score®100
  • Noise Index0.67

Located in the Diamond District, 49 West 45th Street features red brick, fiber internet connectivity, and many windows. The building was constructed in 1923.
While the Diamond District is famous for the diamonds from which the district gets its name, the restaurants in the area should certainly not be overlooked. The area surrounding 49 West 45th Street offers employees great lunch options that will satiate any craving. Try the flavorful Spice Grill for Indian food, or Mamas Hero food truck for one of the best sandwiches in Manhattan.

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  • Availability

    UnitSizePriceInquire
    10th Floor5,100 sqftInquire for pricing
    11th Floor5,100 sqftInquire for pricing
    Office Space5,400 sqftInquire for pricing
    • 0.06 mi☕️FreeFoods
    • 0.07 mi🍺Forty Four
    • 0.07 mi🚗Hippodrome Parking
    • 0.08 mi☕️Gregory Coffee
    • 0.08 mi🥘Emporium Brasil Restaurant
    • 0.11 mi🚗Hippodrome Parking
    • 0.11 mi☕️Pret A Manger
    • 0.13 mi☕️Starbucks Coffee
    • 0.13 mi☕️europa cafe
    • 0.15 mi☕️Starbucks Coffee
    • 0.16 mi☕️Starbucks
    • 0.17 mi☕️Starbucks Coffee
    • 0.17 mi🥘Tender
    • 0.17 mi🍺Haven Rooftop Bar
    • 0.17 mi🥘The Lambs Club
    • 0.17 mi🍺O'Lunney's
    • 0.18 mi🍺BXL Cafe
    • 0.18 mi🥘St. Andrew's
    • 0.18 mi🍺Jimmy's Corner
    • 0.18 mi🚇75th Avenue
    • 0.18 mi🚇BDFM42nd Street - Bryant Park
    • 0.19 mi🥘Wolfgang's Steakhouse
    • 0.19 mi☕️Breads bakery
    • 0.19 mi🚇BDFM47th-50th Streets - Rockefeller Center
    • 0.19 mi☕️Toasties
    • 0.19 mi🥘China Moon
    • 0.19 mi☕️Cafe K
    • 0.19 mi☕️Waffels and dinges
    • 0.19 mi🥘Bond45
    • 0.19 mi🥘Connolly's
    • 0.19 mi🥘Friday's
    • 0.2 mi🥘Havana Central
    • 0.2 mi🥘Sushi-tei
    • 0.2 mi🥘Katsuhama
    • 0.2 mi🥘Del Frisco's
    • 0.21 mi🍺P.J. Moran's
    • 0.21 mi🥘Virgil's Real BBQ
    • 0.21 mi☕️Le Pain Quotidien
    • 0.21 mi🥘Tony's
    • 0.22 mi🥘Planet Hollywood
    • 0.22 mi🍺Maggie's Place
    • 0.22 mi☕️Starbucks Coffee
    • 0.22 mi🥘Grasp Grill
    • 0.22 mi🥘Buca di Beppo
    • 0.23 mi☕️Au Bon Pain
    • 0.23 mi🍺Mad 46
    • 0.23 mi🥘Brooklyn Diner - Time Square
    • 0.24 mi🥘Hatsuhana
    • 0.24 mi🥘Friday's
    • 0.24 mi🥘Bryant Park Grill
    • 0.24 mi☕️Cafe Metro
    • 0.24 mi☕️Starbucks Coffee
    • 0.24 mi🥘Così
    • 0.24 mi☕️Starbucks
    • 0.24 mi☕️Andaz
    • 0.25 mi☕️Southwest Porch
    • 0.25 mi🥘Urban Space
    • 0.26 mi🥘Brasserie Ruhlman
    • 0.26 mi☕️Cofeed
    • 0.26 mi☕️FIKA Bryant Park
    • 0.26 mi🚇S42nd Street -Times Square
    • 0.26 mi🥘Sushiden
    • 0.26 mi🍺Vander Bar
    • 0.26 mi🥘ammos estiatorio
    • 0.26 mi🥘Ootoya
    • 0.27 mi🥘Bubba Gump Shrimp Co.
    • 0.27 mi🥘Sushiden
    • 0.27 mi🥘Del Frisco's
    • 0.27 mi🥘Iroha
    • 0.28 mi🥘Hard Rock Cafe
    • 0.28 mi☕️Le Pain Quotidien
    • 0.28 mi☕️Pret a Manger
    • 0.28 mi☕️Europa Cafe
    • 0.29 mi🥘Bill's Bar & Burger
    • 0.29 mi☕️Starbucks Coffee
    • 0.29 mi🥘The Counter
    • 0.29 mi🥘Blue Fin
    • 0.29 mi🥘Teresa's
    • 0.29 mi🥘Carmine's
    • 0.29 mi🥘Mexicue
    • 0.29 mi☕️The Beer Bar Cafe Centro
    • 0.3 mi☕️Starbucks Coffee
    • 0.3 mi🥘Capital Grille at Time-Life
    • 0.3 mi🥘Pera
    • 0.3 mi🥘LA Fonda Del Sol
    • 0.3 mi🥘Ted's Montana Grill
    • 0.31 mi🚇NRW49th Street
    • 0.31 mi🥘Ruby Tuesday
    • 0.31 mi☕️Ben&jerry
    • 0.31 mi🥘Madison & Vine
    • 0.31 mi🥘The View Restaurant & Lounge
    • 0.31 mi🥘Junior's
    • 0.31 mi☕️Mangia Organic
    • 0.31 mi🥘Roast Chicken
    • 0.31 mi🥘The Playwright
    • 0.32 mi☕️Starbucks
    • 0.32 mi☕️Kellogg´s Cafe
    • 0.32 mi🚇NQRW42nd Street - Times Square
    • 0.32 mi🍺EVR NYC
    • 0.32 mi☕️Starbucks Coffee
    • 0.32 mi🥘Bobby Van's Steakhouse - Park Ave
    • 0.32 mi🥘Bill's Bar & Burger
    • 0.33 mi☕️Naples 45
    • 0.33 mi☕️Starbucks Coffee
    • 0.33 mi🚇12342nd Street - Times Square
    • 0.33 mi☕️Cafe Edison
    • 0.33 mi☕️Starbucks Coffee
    • 0.33 mi🚇12342nd Street - Times Square
    • 0.33 mi🥘Red Lobster
    • 0.33 mi🚇12342nd Street - Times Square
    • 0.33 mi🚇12342nd Street - Times Square
    • 0.33 mi🥘Heartland Brewery
    • 0.33 mi🥘The Heavenly Burger
    • 0.33 mi🥘TGI Fridays
    • 0.34 mi🍺Rooftop Bar
    • 0.34 mi🥘Le Bernardin
    • 0.34 mi🚇742nd Street - Times Square
    • 0.34 mi🍺Rum House
    • 0.35 mi🍺21 Club
    • 0.35 mi🍺Caroline's on Broadway
    • 0.35 mi☕️Central Cafe
    • 0.35 mi🚗Quik Park
    • 0.36 mi🥘Maloney & Porcelli
    • 0.36 mi🥘Pershing Square
    • 0.36 mi🥘Scarlatto
    • 0.37 mi🥘Glass House Tavern
    • 0.37 mi🥘Pergola Des Artistes
    • 0.37 mi🥘Applebee's
    • 0.37 mi🥘Salute
    • 0.37 mi🚇150th Street
    • 0.37 mi🥘Trattoria Trecolori
    • 0.37 mi🥘Fogo de chao
    • 0.37 mi☕️Starbucks Coffee
    • 0.37 mi🥘Grand Central Place
    • 0.38 mi🥘Nanking
    • 0.38 mi☕️Financier
    • 0.38 mi🍺Hurley's
    • 0.38 mi🚌New York Airport Service
    • 0.38 mi🥘The Australian
    • 0.38 mi🍺Blaggards Pub
    • 0.38 mi🥘Aoki
    • 0.38 mi🥘Sammy's House Of BBQ
    • 0.39 mi🥘Dallas BBQ
    • 0.39 mi🥘John's Pizzeria
    • 0.39 mi🥘Ellen's Stardust Dinner
    • 0.39 mi🥘The Modern - The Bar Room
    • 0.39 mi🥘Franklin and Johnie's Steakhouse
    • 0.4 mi🍺The Mean Fiddler
    • 0.4 mi🚇S456742nd Street-Grand Central
    • 0.4 mi☕️Dough Doughnuts
    • 0.4 mi🥘Pongsri
    • 0.4 mi☕️Starbucks Coffee
    • 0.4 mi🍺Playwright Celtic Pub
    • 0.4 mi☕️Starbucks
    • 0.4 mi🥘Daniela Trattoria
    • 0.4 mi🥘La Messeria
    • 0.4 mi☕️Starbucks
    • 0.4 mi🥘Roxy Diner
    • 0.41 mi🚇EM53rd Street-5th Avenue
    • 0.41 mi🍺The Shakespeare
    • 0.41 mi🥘Carve: Unique Sandwich
    • 0.41 mi🥘Five Guys
    • 0.41 mi☕️Starbucks
    • 0.41 mi☕️Starbucks
    • 0.41 mi☕️Starbucks
    • 0.41 mi☕️Starbucks Coffee
    • 0.42 mi🥘Natsumi
    • 0.42 mi🥘Chevys Fresh Mex
    • 0.42 mi🚗Icon
    • 0.42 mi🥘Amorino Gelato
    • 0.42 mi☕️Starbucks Coffee
    • 0.42 mi☕️Le Pain Quotidien
    • 0.42 mi🥘Burger Heaven
    • 0.43 mi🍺Rosie O'Grady's Saloon
    • 0.43 mi☕️Moonstruck
    • 0.43 mi☕️Carve Café
    • 0.43 mi🍺Joe coffee
    • 0.44 mi🚗Icon
    • 0.44 mi🥘Inakaya
    • 0.44 mi🍺Connolly's
    • 0.44 mi🥘Mozzarella & Vino
    • 0.44 mi🍺The Wheeltapper Pub
    • 0.44 mi🥘Cafe China
    • 0.45 mi🥘Qi Bangkok Eatery
    • 0.45 mi🚇ACE42nd Street - Port Authority Bus Terminal
    • 0.45 mi🚗Champion
    • 0.45 mi🚗Alpha Garage
    • 0.45 mi☕️Market Cafe
    • 0.45 mi🥘Curry and Tandoor
    • 0.45 mi🍺Carragher's
    • 0.45 mi🍺Park Avenue Tavern
    • 0.45 mi🍺Social Lounge
    • 0.45 mi☕️FIKA Grand Central
    • 0.45 mi🥘Udon West
    • 0.45 mi🍺West End Bar & Grill
    • 0.46 mi🥘Times Square Diner e Grill
    • 0.46 mi🥘Darbar
    • 0.46 mi🥘Keens Steakhouse
    • 0.46 mi☕️Cafe Metro
    • 0.46 mi🥘West End Bar & Grill
    • 0.46 mi🥘Kung Fu Little Steamed Buns
    • 0.46 mi🥘Gallaghers Steakhouse
    • 0.47 mi🍺Silverleaf Tavern

    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  $83.71. Many upper floors — especially those with views of Central Park — 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 East and 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 Midtown’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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