brandsquarefoot

7 West 51st Street

Midtown East

New York, NY 10019

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Building Details

  • Walk Scoreยฎ98
  • Year Built1941
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  • Sample Units

    UnitSizePriceInquire
    Small2,500 sqftInquire for pricing
    Medium5,000 sqftInquire for pricing
    Large10,000 sqftInquire for pricing
    Whole Floor20,000 sqftInquire for pricing
    • 0.02 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.05 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.06 mi๐Ÿฅ˜Del Frisco's
    • 0.07 mi๐Ÿบ21 Club
    • 0.09 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.1 mi๐Ÿฅ˜Teresa's
    • 0.11 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.12 mi๐Ÿฅ˜The Modern - The Bar Room
    • 0.12 mi๐Ÿฅ˜Friday's
    • 0.13 mi๐Ÿฅ˜Fogo de chao
    • 0.13 miโ˜•๏ธLe Pain Quotidien
    • 0.13 mi๐Ÿฅ˜Burger Heaven
    • 0.14 mi๐Ÿฅ˜Sushiden
    • 0.15 mi๐ŸบP.J. Moran's
    • 0.15 mi๐Ÿš—Alpha Garage
    • 0.16 miโ˜•๏ธToasties
    • 0.17 miโ˜•๏ธCafe K
    • 0.17 mi๐Ÿฅ˜Hatsuhana
    • 0.17 miโ˜•๏ธStarbucks Coffee
    • 0.18 mi๐Ÿฅ˜Mozzarella & Vino
    • 0.18 miโ˜•๏ธPret a Manger
    • 0.18 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.18 mi๐Ÿฅ˜Grasp Grill
    • 0.19 mi๐ŸบConnolly's
    • 0.19 miโ˜•๏ธStarbucks
    • 0.2 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.2 mi๐Ÿฅ˜China Moon
    • 0.2 mi๐Ÿฅ˜Katsuhama
    • 0.21 mi๐Ÿฅ˜Capital Grille at Time-Life
    • 0.21 mi๐Ÿฅ˜Sushi-tei
    • 0.21 mi๐Ÿฅ˜La Bonne Soupe
    • 0.21 mi๐Ÿฅ˜Ted's Montana Grill
    • 0.21 miโ˜•๏ธStarbucks Coffee
    • 0.21 mi๐Ÿฅ˜Il Corso
    • 0.22 mi๐Ÿฅ˜Benoit
    • 0.22 mi๐ŸบMaggie's Place
    • 0.22 mi๐Ÿฅ˜Five Guys
    • 0.22 mi๐Ÿฅ˜Bistro Milano
    • 0.22 miโ˜•๏ธAu Bon Pain
    • 0.22 mi๐Ÿฅ˜Connolly's
    • 0.23 mi๐ŸบBill's Gay Nineties
    • 0.23 miโ˜•๏ธStarbucks Coffee
    • 0.23 mi๐Ÿฅ˜Del Frisco's
    • 0.24 mi๐ŸบCassidyโ€™s
    • 0.24 miโ˜•๏ธPret A Manger
    • 0.24 mi๐Ÿฅ˜Joe's Shanghai
    • 0.24 mi๐ŸบWhiskey Trader
    • 0.24 mi๐Ÿฅ˜Emporium Brasil Restaurant
    • 0.24 mi๐ŸบRooftop Bar
    • 0.25 miโ˜•๏ธStarbucks Coffee
    • 0.27 mi๐Ÿฅ˜Menkui Teu
    • 0.27 mi๐Ÿฅ˜Le Bernardin
    • 0.27 mi๐Ÿฅ˜Wolfgang's Steakhouse
    • 0.27 mi๐Ÿฅ˜Beyond Sushi
    • 0.28 mi๐Ÿฅ˜Sushiden
    • 0.28 mi๐Ÿฅ˜Aquavit
    • 0.29 mi๐Ÿฅ˜Four Seasons
    • 0.29 mi๐ŸบMad 46
    • 0.29 mi๐Ÿš—Icon
    • 0.3 miโ˜•๏ธStarbucks
    • 0.31 miโ˜•๏ธFreeFoods
    • 0.31 miโ˜•๏ธStarbucks Coffee
    • 0.31 miโ˜•๏ธJamba Juice
    • 0.31 mi๐Ÿฅ˜Mangia
    • 0.31 mi๐Ÿฅ˜Tender
    • 0.32 miโ˜•๏ธeuropa cafe
    • 0.32 mi๐Ÿฅ˜Iroha
    • 0.32 miโ˜•๏ธFIKA 52 & LEX
    • 0.32 mi๐Ÿš‡651st Street
    • 0.32 mi๐Ÿฅ˜TGI Fridays
    • 0.32 mi๐ŸบHaven Rooftop Bar
    • 0.32 mi๐Ÿฅ˜Rue 57
    • 0.33 mi๐Ÿš—Champion
    • 0.33 mi๐Ÿฅ˜Le Parker Meridien Burger
    • 0.33 mi๐Ÿฅ˜The National
    • 0.33 miโ˜•๏ธStarbucks
    • 0.33 mi๐Ÿฅ˜Betony
    • 0.33 mi๐ŸบOld Castle
    • 0.33 mi๐Ÿš‡F57th Street
    • 0.34 mi๐ŸบVander Bar
    • 0.34 mi๐Ÿฅ˜Cosรฌ
    • 0.34 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.34 mi๐Ÿš‡NRW49th Street
    • 0.35 mi๐ŸบThe Irish Pub
    • 0.35 miโ˜•๏ธDunkin' Donuts
    • 0.35 miโ˜•๏ธStarbucks Coffee
    • 0.35 miโ˜•๏ธCafรฉ Metro
    • 0.35 mi๐ŸบRosie O'Grady's Saloon
    • 0.35 miโ˜•๏ธStarbucks Coffee
    • 0.36 miโ˜•๏ธFinancier
    • 0.36 mi๐Ÿฅ˜New York Luncheonette
    • 0.36 mi๐Ÿฅ˜ammos estiatorio
    • 0.36 mi๐Ÿฅ˜Wayfarer
    • 0.36 mi๐Ÿš‡BDE7th Avenue
    • 0.36 mi๐Ÿฅ˜Roast Chicken
    • 0.36 miโ˜•๏ธNinth Street Espresso
    • 0.36 mi๐Ÿš‡EM53rd Street-Lexington Avenue
    • 0.36 mi๐Ÿฅ˜The Playwright
    • 0.37 mi๐Ÿฅ˜San Martin
    • 0.37 mi๐Ÿฅ˜St. Andrew's
    • 0.37 mi๐ŸบForty Four
    • 0.37 mi๐Ÿฅ˜Ellen's Stardust Dinner
    • 0.37 mi๐Ÿฅ˜Applebee's
    • 0.37 miโ˜•๏ธStarbucks
    • 0.37 mi๐Ÿš—Hippodrome Parking
    • 0.37 mi๐Ÿฅ˜Havana Central
    • 0.37 mi๐Ÿฅ˜Nanking
    • 0.37 miโ˜•๏ธGregory Coffee
    • 0.37 mi๐ŸบCaroline's on Broadway
    • 0.38 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.38 miโ˜•๏ธKelloggยดs Cafe
    • 0.38 miโ˜•๏ธFIKA 58th Street
    • 0.38 mi๐Ÿฅ˜Park Cafe
    • 0.38 mi๐Ÿš‡150th Street
    • 0.39 miโ˜•๏ธBlue Dog
    • 0.39 miโ˜•๏ธNaples 45
    • 0.39 miโ˜•๏ธStarbucks Coffee
    • 0.39 mi๐ŸบO'Lunney's
    • 0.39 mi๐Ÿฅ˜Carnegie Deli
    • 0.39 mi๐Ÿฅ˜Urban Space
    • 0.39 mi๐Ÿฅ˜Hillstone
    • 0.39 miโ˜•๏ธLittle Collins
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 mi๐Ÿฅ˜Little Collins
    • 0.4 mi๐Ÿฅ˜Friday's
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 mi๐Ÿฅ˜Russian Tea Room
    • 0.4 mi๐Ÿš—Hippodrome Parking
    • 0.41 mi๐Ÿฅ˜Palace
    • 0.41 mi๐Ÿฅ˜Bond45
    • 0.42 mi๐Ÿฅ˜Gallaghers Steakhouse
    • 0.42 mi๐Ÿฅ˜Harry Cipriani
    • 0.42 mi๐Ÿฅ˜Planet Hollywood
    • 0.42 mi๐Ÿฅ˜Blue Fin
    • 0.42 mi๐Ÿš—Quik Park
    • 0.42 mi๐Ÿฅ˜LA Fonda Del Sol
    • 0.43 mi๐Ÿฅ˜Buca di Beppo
    • 0.43 mi๐Ÿฅ˜The Fitz
    • 0.43 mi๐Ÿฅ˜The Lambs Club
    • 0.43 mi๐Ÿฅ˜Redeye Grill
    • 0.43 mi๐ŸšŒbus m101
    • 0.43 mi๐Ÿฅ˜Dos Caminos
    • 0.43 mi๐ŸบJimmy's Corner
    • 0.44 mi๐Ÿฅ˜Smith & Wollensky
    • 0.44 miโ˜•๏ธStarbucks
    • 0.44 mi๐Ÿฅ˜Natsumi
    • 0.44 miโ˜•๏ธStarbucks Coffee
    • 0.45 mi๐Ÿฅ˜Lili's 57
    • 0.45 mi๐Ÿš‡NRW5th Avenue โ€“ 59th Street
    • 0.45 mi๐Ÿš‡NQRW57th Street-7th Avenue
    • 0.45 mi๐Ÿฅ˜RED 58
    • 0.45 miโ˜•๏ธCafe Metro
    • 0.45 mi๐Ÿฅ˜Cognac
    • 0.45 miโ˜•๏ธStarbucks
    • 0.45 mi๐ŸบBXL Cafe
    • 0.45 miโ˜•๏ธJuan Valdez
    • 0.46 miโ˜•๏ธCafe Edison
    • 0.46 mi๐Ÿฅ˜Virgil's Real BBQ
    • 0.46 miโ˜•๏ธEuropa Cafe
    • 0.47 mi๐ŸบRum House
    • 0.47 mi๐ŸบRussian Samovar Piano Bar & Restaurant
    • 0.47 mi๐Ÿฅ˜Hooters
    • 0.47 mi๐ŸบHurley's
    • 0.47 mi๐Ÿฅ˜Brooklyn Diner
    • 0.47 mi๐Ÿฅ˜Petrossian
    • 0.47 mi๐ŸบMcHale's Pub
    • 0.48 mi๐Ÿฅ˜Aoki
    • 0.48 mi๐ŸบCharacters NYC Bar & Lounge
    • 0.48 mi๐ŸบMcGee's Pub & Restaurant
    • 0.49 mi๐ŸบRussian Vodka Room

    Neighborhood

    Midtown East

    Midtown East, an area of Midtown, is a popular office space location, especially for consulting firms, financial services firms, media companies, and hedge funds. Located near many of Manhattanโ€™s most iconic landmarks, the area is not only a business center but also a well-traveled tourist destination. Midtown East encompasses several unique neighborhoods including the Plaza District, Park Avenue, Madison Avenue, and Grand Central Station.

    SquareFoot's NYC Market Report

     

    Midtown East Office Space | Lease Data & Trends

    Office space rental prices vary greatly based on location, building class, and lease terms and length. On the high end of the spectrum, Class A office space in the Plaza District or on Madison Avenue can cost $100 per square foot. Conversely, Class B office space for lease in the Garment District or near Grand Central Station goes for closer to $60 per square foot.

    In general, Midtown East submarkets are more expensive than the average asking rent for NYC office space $72 per square foot, or the average Brooklyn office space rent of $42 per square foot.

    To help decide what kind of space youโ€™re looking for, read about the differences between Class A and Class B office spaces. What about gross lease, triple net leases, and tenant improvement allowance? If you want to learn more about renting office space in Midtown East, one of our licensed tenant brokers would love to answer your questions.

     

    What Our Brokers Say About Midtown East Office Space

    The borough of Manhattan south of Central Park is traditionally divided into Midtown, Midtown South, and Lower Manhattan. Midtown East is the Eastern half of Midtown that is bordered by Fifth Avenue to the west, the East River to the east, 59th St. to the north, and 42nd Street to the south. The area is home to the Chrysler Building, Rockefeller Center, and the United Nations Headquarters, and visitors will notice a lot of areas that look familiar because theyโ€™ve appeared on postcards and in TV shows.

    Midtown East is primarily a business district and is relatively quiet during the evenings. Traveling around the area and getting to and from nearby districts is easy, especially with the convenient juxtaposition of Grand Central Station, which is not only one of the biggest hubs for public transportation in NYC but also a historic landmark. Nearby subway lines include: 4, 5, 6, N, Q, R, B, D, F, M, E, and 7. If visiting business partners need a place to stay, book rooms in The Langham, The Bernic Hotel, Fitzpatrick Grand Central, or Pod 39.

     

    Popular Neighborhoods in Midtown East

    Each neighborhood located within Midtown East has unique character and features.

    Grand Central Station: Whether you call it by its official name, Grand Central Terminal, or its nickname, Grand Central, this neighborhood is known for housing Grand Central Station, one of the biggest transportation hubs in NYC. Securing office space here means working alongside companies such as Salesforce, YES Network, Oracle, Metlife, and New York Life Insurance.

    Madison Avenue: Madison Avenue, one of the most well-known streets in America, is home to some of the nationโ€™s most influential businesses. Named after the United Statesโ€™ fourth President, James Madison, Madison Avenue is clean, beautiful, and graffiti-free. Though no longer the center of the advertising world, Madison Avenue is still an area in high demand.

    Plaza District: The Plaza District houses some of the most premier commercial real estate in NYC. A 10% vacancy leaves potential tenants with plenty of options to join the districtโ€™s current tenants, which include Colgate-Palmolive, Bloomberg, and NBC Studios.

    Park Avenue: Park Avenue, originally called Fourth Avenue, houses some of the nationโ€™s most expensive real estate, and some of NYCโ€™s richest CEOs live there. Fortune 500 companies such as Citigroup, Mutual of America, JP Morgan, and Metlife have Park Avenue addresses from here.

    photo of the metlife building and grand central station

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