Republic Point$61.50 – $74.87/SF/yr FS
1402 E 57th St
4,700 SF of Office space available at 1402 E 57th St, New York, NY 10011. For Lease through Capitol Commercial.
For LeaseStatus
4,700 SFAvailable
$79.99/SFAsking rent
1977Year built
CClass
Property facts
| Property type | Office |
|---|---|
| Building class | C |
| Rentable area | 99,900 SF |
| Available | 4,700 SF |
| Stories | 4 |
| Year built | 1977 |
| Renovated | 2005 |
| Typical floor | 24,975 SF |
| Lot size | 2.77 acres |
| Parking ratio | 4.2/1,000 SF |
| Occupancy | 95.3% |
| Zoning | LI |
| Parcel ID | 57-414-2743 |
| Submarket | Chelsea |
| Market | New York City |
| Days on market | 138 |
| Walk Score | 60 |
| Transit | Highway access I-35 |
| Listing package | Silver |
Building amenities
Fitness Center, Food Service, Conference Facility, Signage, LEED Gold, Property Manager on Site
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 3rd | Medical | Direct | 4,700 | $86.10/SF | Negotiable | Jan 2027 |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Redline Robotics | Non-Profit | 3 | 26,970 | 2022-02-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2025-08-21 | $43.21M | $432.53 | 5.62% | Greystone Holdings | Everline Real Estate |
| 2024-09-04 | $24.59M | $246.12 | 5.69% | Quarry Point Partners | Vantage Point Capital |
| 2021-11-14 | $7.45M | $74.56 | 6.78% | Redwood Property Trust | Fairbridge Partners |
Public record
| Owner of record | Northstar REIT LLC |
|---|---|
| Assessed value | $17.34M |
| Land value | $5.98M |
| Improvement value | $11.36M |
| Annual tax | $193K |
| Tax year | 2026 |
| Lot size | 120,661 SF |
| Last deed | 2017-01-23 |
| Deed type | Grant Deed |
| Legal description | LOT 9 BLK 106 CHELSEA ADDN |
Location
1402 E 57th St
New York, NY 10011
Chelsea submarket · New York City market
40.73462, -74.01996
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