Flex and creative space for lease in Midtown South

Midtown South is the historic home of New York tech and media, built on converted loft buildings with open floors and big windows. It spans NoMad and the blocks around Madison Square, and it is one of the tightest submarkets for well-built creative office.

Office stock
28.3M SF
Office properties
398
Largest office
338 Fifth Avenue
Transit
R W at 28 St

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

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NYC tax lot records

Office buildings in Midtown South

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Office space
28.3M SF
Properties with office space
398
All commercial space
35.7M SF
Built before 1940
89%

Largest office buildings

  1. 102 floors · built 1931
  2. 34 floors · built 1928
  3. 25 floors · built 1928
  4. 15 floors · built 1962
  5. 39 floors · built 1969
All 185 large commercial buildings in Midtown South

Age, height and zoning

  • Median year built: 1915.
  • Median height: 7 floors.
  • Most common zoning districts: C5-2 (171), M1-8A/R11 (158), M1-8A/R12 (77). 40% of these lots are zoned for manufacturing.
  • Historic districts: Madison Square North Historic District (82 lots).
  • 31 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.4 mi of Midtown South's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.

MTA station data

Subway stations in Midtown South

Every station within about 0.5 mi of Midtown South's commercial core, closest first. Stations joined by a free transfer count once.

Stations
10
Subway lines
12
Fully accessible
3 of 10
Closest
28 St, 1 min walk

The 10 stations

  • 28 St1 min walk · Not accessible
  • 28 St6 min walk · Partly accessible
  • 28 St6 min walk · Not accessible
  • 23 St6 min walk · Not accessible
  • 23 St6 min walk · Not accessible
  • 34 St-Herald Sq6 min walk · Accessible station
  • 33 St7 min walk · Not accessible
  • 34 St-Penn Station7 min walk · Accessible station
  • 23 St8 min walk · Not accessible
  • 23 St-Baruch College8 min walk · Accessible station

Lines

The 1, 2, 3, 6, B, D, F, M, N, Q, R and W trains stop within about 0.5 mi of Midtown South's core.

Step-free access

  • 34 St-Herald Sq (B D F M N Q R W) is fully accessible.
  • 34 St-Penn Station (1 2 3) is fully accessible.
  • 23 St-Baruch College (6) is fully accessible.
  • 28 St (6) is partly accessible (one direction only).

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Midtown South's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about flex / creative space in Midtown South

Is there flex / creative space for lease in Midtown South right now?

No flex / creative space for lease in Midtown South is listed on Leasemark right now. Post what you need and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.

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How much does flex / creative space cost in Midtown South?

Pricing depends on building class, floor, condition and lease length. Post a requirement with your budget and Leasemark will match you with spaces that fit it as they are listed.

How do I find flex / creative space in Midtown South that is not publicly listed?

Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.

How much office space is there in Midtown South?

New York City's PLUTO tax lot data (26v2) records about 28.3 million square feet of office floor area across 398 properties in the part of Midtown South Leasemark covers. The largest by that measure is 338 Fifth Avenue, at about 2.7 million square feet. That is the existing building stock, not space currently for lease.

What subway lines serve Midtown South?

Ten subway stations sit within about 0.5 mi of Midtown South's commercial core, served by the 1, 2, 3, 6, B, D, F, M, N, Q, R and W trains. The closest is 28 St (R W), roughly 1 minute on foot; then 28 St (6), 28 St (1), 23 St (F M), 23 St (R W), 34 St-Herald Sq (B D F M N Q R W), 33 St (6) and 3 more. Walking times are straight-line estimates from MTA station data.

Do tenants in Midtown South pay the NYC Commercial Rent Tax?

Yes, for larger leases. Midtown South is in Manhattan below 96th Street, where the city's Commercial Rent Tax applies. A tenant owes it only when base rent for the space is $250,000 a year or more. The tax is 6% of base rent after a 35% reduction, so 3.9% of rent, with a sliding credit between $250,000 and $300,000, and the Small Business Tax Credit wipes it out for businesses with total income of $5 million or less and base rent under $500,000.

Estimate it with the Commercial Rent Tax calculator

Is it free to post on Leasemark?

Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.