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71 West 47th Street

Midtown East

New York, NY 10036

  • inquire for pricing

Building Details

  • Attended Lobby✔︎
  • Turnstile✔︎
  • 24/7 Access✔︎
  • Walk Score®100
  • Noise Index0.67

Located in the Diamond District, 71 West 47th Street features tiered architecture, red brick, and fiber connectivity. The building, also known as the Federation Building, was constructed in 1928 and stands 16 floors tall.
71 West 47th Street is centrally located between some of New York Citys top attractions. Just a few blocks to the north is Rockefeller Center, which is particularly beautiful in the winter months. To the east is Grand Central Station, a major transportation hub. Bryant Park offers an outdoor retreat to the south, and, finally, to the west is arguably the most iconic area of Manhattan, Times Square.

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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
    • 0.06 mi☕️Pret A Manger
    • 0.08 mi🥘Emporium Brasil Restaurant
    • 0.11 mi🚇BDFM47th-50th Streets - Rockefeller Center
    • 0.12 mi☕️FreeFoods
    • 0.13 mi🥘Del Frisco's
    • 0.14 mi🥘Friday's
    • 0.14 mi🥘Tender
    • 0.15 mi☕️Toasties
    • 0.15 mi🍺Haven Rooftop Bar
    • 0.15 mi☕️Starbucks Coffee
    • 0.16 mi☕️Cafe K
    • 0.16 mi🍺Forty Four
    • 0.16 mi🚗Hippodrome Parking
    • 0.16 mi☕️Gregory Coffee
    • 0.17 mi🍺P.J. Moran's
    • 0.17 mi🥘China Moon
    • 0.17 mi🥘Brasserie Ruhlman
    • 0.18 mi☕️Starbucks Coffee
    • 0.18 mi🥘St. Andrew's
    • 0.18 mi☕️europa cafe
    • 0.18 mi🥘Sushi-tei
    • 0.18 mi🥘Katsuhama
    • 0.18 mi🥘Connolly's
    • 0.19 mi🥘Del Frisco's
    • 0.19 mi🍺O'Lunney's
    • 0.19 mi🥘Havana Central
    • 0.19 mi🚗Hippodrome Parking
    • 0.19 mi🥘Grasp Grill
    • 0.2 mi🥘Wolfgang's Steakhouse
    • 0.2 mi🥘Sushiden
    • 0.2 mi🥘Hatsuhana
    • 0.2 mi🥘Teresa's
    • 0.2 mi🍺Maggie's Place
    • 0.21 mi🥘Bill's Bar & Burger
    • 0.21 mi☕️Au Bon Pain
    • 0.22 mi🥘Bond45
    • 0.22 mi🥘The Lambs Club
    • 0.22 mi🥘Capital Grille at Time-Life
    • 0.22 mi🥘Sushiden
    • 0.22 mi🍺Jimmy's Corner
    • 0.22 mi🥘Ted's Montana Grill
    • 0.22 mi🥘Iroha
    • 0.23 mi☕️Starbucks Coffee
    • 0.23 mi🥘Planet Hollywood
    • 0.23 mi🥘Friday's
    • 0.23 mi🍺BXL Cafe
    • 0.24 mi🥘Buca di Beppo
    • 0.24 mi🍺Mad 46
    • 0.24 mi☕️Pret a Manger
    • 0.24 mi☕️Starbucks
    • 0.25 mi🥘Virgil's Real BBQ
    • 0.25 mi☕️Starbucks Coffee
    • 0.26 mi🚇NRW49th Street
    • 0.26 mi🥘Bill's Bar & Burger
    • 0.26 mi🥘Tony's
    • 0.26 mi🥘Le Bernardin
    • 0.26 mi🚇BDFM42nd Street - Bryant Park
    • 0.27 mi🥘Roast Chicken
    • 0.27 mi🍺21 Club
    • 0.27 mi☕️Breads bakery
    • 0.27 mi🥘Così
    • 0.27 mi🥘The Playwright
    • 0.27 mi🚇75th Avenue
    • 0.27 mi☕️Starbucks Coffee
    • 0.27 mi🥘Blue Fin
    • 0.27 mi🥘TGI Fridays
    • 0.27 mi☕️Waffels and dinges
    • 0.28 mi☕️Starbucks Coffee
    • 0.28 mi🥘Brooklyn Diner - Time Square
    • 0.28 mi☕️Kellogg´s Cafe
    • 0.28 mi☕️Starbucks Coffee
    • 0.28 mi🍺Vander Bar
    • 0.29 mi🥘Fogo de chao
    • 0.29 mi🥘ammos estiatorio
    • 0.29 mi☕️Le Pain Quotidien
    • 0.3 mi🥘Urban Space
    • 0.3 mi🥘Bubba Gump Shrimp Co.
    • 0.3 mi🍺Caroline's on Broadway
    • 0.31 mi☕️Starbucks Coffee
    • 0.31 mi🥘The Modern - The Bar Room
    • 0.31 mi☕️Starbucks
    • 0.31 mi🍺Rooftop Bar
    • 0.31 mi☕️Cafe Metro
    • 0.31 mi🥘The View Restaurant & Lounge
    • 0.31 mi🥘Maloney & Porcelli
    • 0.31 mi☕️Cafe Edison
    • 0.31 mi🚇S42nd Street -Times Square
    • 0.31 mi🥘Hard Rock Cafe
    • 0.31 mi🥘Applebee's
    • 0.31 mi☕️Starbucks Coffee
    • 0.32 mi🥘Carmine's
    • 0.32 mi☕️Starbucks
    • 0.32 mi🚗Quik Park
    • 0.32 mi☕️The Beer Bar Cafe Centro
    • 0.32 mi🚇150th Street
    • 0.32 mi🥘Nanking
    • 0.32 mi☕️Ben&jerry
    • 0.32 mi☕️Europa Cafe
    • 0.32 mi☕️Andaz
    • 0.32 mi🥘Bryant Park Grill
    • 0.32 mi🥘Junior's
    • 0.33 mi🍺Rum House
    • 0.33 mi🚇EM53rd Street-5th Avenue
    • 0.33 mi🥘Bobby Van's Steakhouse - Park Ave
    • 0.33 mi🥘Ellen's Stardust Dinner
    • 0.33 mi☕️Southwest Porch
    • 0.33 mi☕️FIKA Bryant Park
    • 0.33 mi🥘Ootoya
    • 0.34 mi🥘LA Fonda Del Sol
    • 0.34 mi☕️Cofeed
    • 0.34 mi🚗Icon
    • 0.34 mi☕️Starbucks
    • 0.34 mi🥘The Counter
    • 0.35 mi☕️Le Pain Quotidien
    • 0.35 mi☕️Naples 45
    • 0.35 mi🥘Scarlatto
    • 0.35 mi🥘Burger Heaven
    • 0.35 mi🍺Hurley's
    • 0.35 mi🍺Connolly's
    • 0.35 mi🥘Mozzarella & Vino
    • 0.35 mi🥘Glass House Tavern
    • 0.36 mi🥘Aoki
    • 0.36 mi🍺Rosie O'Grady's Saloon
    • 0.36 mi🥘Trattoria Trecolori
    • 0.36 mi☕️Starbucks
    • 0.36 mi☕️Le Pain Quotidien
    • 0.37 mi🥘Pergola Des Artistes
    • 0.37 mi🥘Pera
    • 0.37 mi🥘Ruby Tuesday
    • 0.37 mi🥘Mexicue
    • 0.37 mi🥘Natsumi
    • 0.37 mi🚗Champion
    • 0.37 mi🚗Alpha Garage
    • 0.38 mi🥘La Messeria
    • 0.38 mi🥘Pongsri
    • 0.38 mi🥘Madison & Vine
    • 0.38 mi☕️Financier
    • 0.38 mi🍺The Mean Fiddler
    • 0.39 mi🥘Bistro Milano
    • 0.39 mi🥘Red Lobster
    • 0.39 mi🥘La Bonne Soupe
    • 0.39 mi🥘Il Corso
    • 0.39 mi🥘Benoit
    • 0.39 mi🚇12342nd Street - Times Square
    • 0.39 mi🚇12342nd Street - Times Square
    • 0.39 mi🚇12342nd Street - Times Square
    • 0.39 mi🚇NQRW42nd Street - Times Square
    • 0.39 mi☕️Starbucks Coffee
    • 0.39 mi🚇12342nd Street - Times Square
    • 0.4 mi☕️Mangia Organic
    • 0.4 mi☕️Starbucks
    • 0.4 mi🚇742nd Street - Times Square
    • 0.4 mi🚇BDE7th Avenue
    • 0.4 mi🍺Old Castle
    • 0.4 mi🥘Carve: Unique Sandwich
    • 0.4 mi🥘Franklin and Johnie's Steakhouse
    • 0.4 mi🍺Cassidy’s
    • 0.4 mi🥘Five Guys
    • 0.4 mi🥘Gallaghers Steakhouse
    • 0.4 mi🍺The Irish Pub
    • 0.4 mi🍺Whiskey Trader
    • 0.4 mi🥘Sammy's House Of BBQ
    • 0.4 mi🍺Playwright Celtic Pub
    • 0.41 mi🥘The Heavenly Burger
    • 0.41 mi🚗Icon
    • 0.41 mi🥘Daniela Trattoria
    • 0.41 mi☕️Café Metro
    • 0.41 mi🥘Heartland Brewery
    • 0.41 mi☕️Dough Doughnuts
    • 0.41 mi🥘John's Pizzeria
    • 0.41 mi🍺EVR NYC
    • 0.41 mi☕️Central Cafe
    • 0.41 mi🥘Pershing Square
    • 0.42 mi🥘Amorino Gelato
    • 0.42 mi🍺West End Bar & Grill
    • 0.42 mi🥘Roxy Diner
    • 0.42 mi🥘Dallas BBQ
    • 0.42 mi🍺Social Lounge
    • 0.43 mi🥘Times Square Diner e Grill
    • 0.43 mi☕️Starbucks Coffee
    • 0.43 mi🥘Sosa Borella
    • 0.43 mi🥘West End Bar & Grill
    • 0.43 mi🍺McHale's Pub
    • 0.43 mi🥘Kung Fu Little Steamed Buns
    • 0.43 mi☕️Starbucks
    • 0.43 mi🚌New York Airport Service
    • 0.43 mi🥘Menkui Teu
    • 0.43 mi🥘Joe's Shanghai
    • 0.44 mi🍺Bill's Gay Nineties
    • 0.44 mi☕️Carve Café
    • 0.44 mi☕️Starbucks
    • 0.44 mi🥘Beyond Sushi
    • 0.44 mi🚇CE50th Street
    • 0.44 mi🍺Russian Samovar Piano Bar & Restaurant
    • 0.44 mi☕️Starbucks
    • 0.45 mi🥘Five Guys
    • 0.45 mi☕️Starbucks Coffee
    • 0.45 mi🥘Patzeria Family & Friends
    • 0.45 mi🥘Chevys Fresh Mex
    • 0.46 mi🥘Carnegie Deli
    • 0.46 mi☕️Starbucks
    • 0.46 mi☕️Jamba Juice
    • 0.46 mi🥘Park Cafe
    • 0.46 mi🍺Russian Vodka Room
    • 0.47 mi🥘Le Parker Meridien Burger
    • 0.47 mi🍺Joe coffee
    • 0.47 mi🥘Qi Bangkok Eatery
    • 0.47 mi🥘Joe Allen
    • 0.47 mi☕️Starbucks
    • 0.48 mi🥘Fresh From Hell
    • 0.48 mi🚇ACE42nd Street - Port Authority Bus Terminal
    • 0.48 mi🥘Cosmic Diner
    • 0.48 mi☕️Starbucks
    • 0.48 mi🍺Birdland Jazz Club
    • 0.49 mi🥘Inakaya
    • 0.49 mi☕️Frisson Espresso
    • 0.49 mi🍺New York Beer Company
    • 0.49 mi🍺Beer Culture
    • 0.5 mi🥘Guy Kaku Japanese BBQ

    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 Manhattan’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 you’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 they’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 nation’s most influential businesses. Named after the United States’ 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 district’s current tenants, which include Colgate-Palmolive, Bloomberg, and NBC Studios.

    Park Avenue: Park Avenue, originally called Fourth Avenue, houses some of the nation’s most expensive real estate, and some of NYC’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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