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40 Rector St
New York, NY 10006
Office Property For Sale · 460,000 SF

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PROPERTY FACTS

Total Building Size 460,000 SF
Property Type Office
Building Class B
Floors 18
Typical Floor Size 22,579 SF
Year Built 1921
Lot Size 0.69 AC
Zoning C6-9, LM - districts permit a wide range of high-bulk commercial uses requiring a central location

AMENITIES

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Property Manager on Site
  • Signage
  • Skylights
  • Reception
  • Roof Terrace
  • Sky Terrace
  • Air Conditioning
  • Smoke Detector

4 UNITS AVAILABLE

Unit Ground

Unit Size 8,533 SF
Condo Use Office/Retail
Sale Type Investment or Owner User
SALE NOTES

Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in ground floor space with a private entrance, the entire sixth (6th), seventh (7th) and eighth (8th) floors at 40 Rector Street (“The Property”). Located in the heart of Lower Manhattan, the building is in close proximiy to the newly redeveloped World Trade Center site and Brookfield Place with access to many subways, the PATH train and several ferry lines. This ownership opportunity would provide most non-profits and government entities
an exemption from paying real estate taxes. The space is built-out as a modern higher-education installation with a ground floor multi-function room (including a public assembly permit), 31 classrooms, 118 offices, 5
computer labs, a large library, student lounge, 5 conference rooms, multiple server/IT rooms, 4 pantries, 12  single restrooms and 8 communal restrooms.

Floor Plan
Interior Photo
View Photo Floor Plan
View Photo Interior Photo

Unit 6th Floor

Unit Size 31,003 SF
Condo Use Office/Retail
Sale Type Investment or Owner User
DESCRIPTION

Entire 6th floor

SALE NOTES

Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in ground floor space with a private entrance, the entire sixth (6th), seventh (7th) and eighth (8th) floors at 40 Rector Street (“The Property”). Located in the heart of Lower Manhattan, the building is in close proximiy to the newly redeveloped World Trade Center site and Brookfield Place with access to many subways, the PATH train and several ferry lines. This ownership opportunity would provide most non-profits and government entities
an exemption from paying real estate taxes. The space is built-out as a modern higher-education installation with a ground floor multi-function room (including a public assembly permit), 31 classrooms, 118 offices, 5
computer labs, a large library, student lounge, 5 conference rooms, multiple server/IT rooms, 4 pantries, 12  single restrooms and 8 communal restrooms.

Floor Plan
Interior Photo
View Photo Floor Plan
View Photo Interior Photo

Unit 7th Floor

Unit Size 31,003 SF
Condo Use Office/Retail
Sale Type Investment or Owner User
DESCRIPTION

Entire 7th floor

SALE NOTES

Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in ground floor space with a private entrance, the entire sixth (6th), seventh (7th) and eighth (8th) floors at 40 Rector Street (“The Property”). Located in the heart of Lower Manhattan, the building is in close proximiy to the newly redeveloped World Trade Center site and Brookfield Place with access to many subways, the PATH train and several ferry lines. This ownership opportunity would provide most non-profits and government entities
an exemption from paying real estate taxes. The space is built-out as a modern higher-education installation with a ground floor multi-function room (including a public assembly permit), 31 classrooms, 118 offices, 5
computer labs, a large library, student lounge, 5 conference rooms, multiple server/IT rooms, 4 pantries, 12  single restrooms and 8 communal restrooms.

Floor Plan
Interior Photo
View Photo Floor Plan
View Photo Interior Photo

Unit 8th Floor

Unit Size 31,003 SF
Condo Use Office
Sale Type Investment or Owner User
DESCRIPTION

Entire 8th Floor

SALE NOTES

Cushman & Wakefield has been exclusively retained to sell the condominium ownership interest in ground floor space with a private entrance, the entire sixth (6th), seventh (7th) and eighth (8th) floors at 40 Rector Street (“The Property”). Located in the heart of Lower Manhattan, the building is in close proximiy to the newly redeveloped World Trade Center site and Brookfield Place with access to many subways, the PATH train and several ferry lines. This ownership opportunity would provide most non-profits and government entities
an exemption from paying real estate taxes. The space is built-out as a modern higher-education installation with a ground floor multi-function room (including a public assembly permit), 31 classrooms, 118 offices, 5
computer labs, a large library, student lounge, 5 conference rooms, multiple server/IT rooms, 4 pantries, 12  single restrooms and 8 communal restrooms.

Floor Plan
Interior Photo
View Photo Floor Plan
View Photo Interior Photo
  • Listing ID: 35438517

  • Date on Market: 2025-04-10

  • Last Updated:

  • Address: 40 Rector St, New York, NY 10006

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