For lease

$4,995unit and period not stated

Ask the listing agent whether this is per square foot or a total, and per month or per year.

1,725 SF reported

127 East 31st StreetNew York, NY 10016

Hospitality property (from the listing description) · Hotel or motel · MLS 11764242 · Listed 176 days ago (May 13, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this space

Approx. 1,725 SF full-floor commercial opportunity (including a 15% building load factor) plus a ~700SF basement for storage Formerly operated as a television studio Exceptional frontage and visibility in one of Manhattan's most heavily trafficked corridors Rare full-floor presence in a prime Midtown South location Flexible layout featuring multiple private offices, separate rooms, conference areas, and large open studio spaces Dedicated conference room already in place Private kitchenette/small kitchen included Access to basement storage area Beautifully built-out interiors with upgraded finishes throughout Sound reducing panels in place Large open rooms ideal for production, media, showroom, creative office, wellness, gallery, medical, educational, or experiential use Move-in ready condition Private restroom already in place Direct elevator access Excellent branding and signage potential Strong natural light throughout portions of the space Positioned moments from Park Avenue South, Lexington Avenue, NoMad, and Koreatown Surrounded by dense office, residential, hotel, and retail traffic Convenient access to multiple subway lines and Grand Central connectivity Rare opportunity to secure a highly visible full-floor commercial presence in one of Manhattan's strongest commercial corridors

Description provided by the listing brokerage.

Key facts

Asking rate
$4,995 · unit and period not stated
Status
For lease
Property type
HospitalityFrom the listing description
Reported area
1,725 SFSource field AboveGradeFinishedArea; the listing does not say whether this is the space or the whole building
MLS number
11764242

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Lease rate

Rate as listed
$4,995MyStateMLS ListPrice
Unit and period
Not stated by the listing
Lease structure
Not stated
Available
May 13, 2026

The listing does not state the rate's unit and period. Not provided is different from included or zero. Confirm the rate, area, term and every additional charge in writing.

Space and building

County
New York County

Reported features

  • Signage (from the description)“…access excellent branding and signage potential strong natural ligh…”
  • Elevator (from the description)“…troom already in place direct elevator access excellent branding and…”

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Flooring

  • Hardwood

Basement

  • Partially Finished

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in New York or hospitality property in New York.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…urrounded by dense office, residential, hotel, and retail traffic convenient access t…")
  • MLS property class detail. (PropertyTypeDetail: comm-lease)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of EVERGREEN REALTY & INVESTMENTS. Listing agent: Emma Barattini. Listings provided by MyStateMLS.

    Listing last modified at the source May 18, 2026, 4:10 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 3:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.