262 West 38th Street

Class: C + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 35 1,000 $ 2,916
$ / SF SF Monthly Rent
$ 29 3,100 $ 7,491
$ / SF SF Monthly Rent
$ 39 6,000 $ 19,500

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Coworking Office Spaces for Rent

Type of Space Class A Class B Class C
Windowed office/person $ 2,500/mo $ 1,500/mo $ 1,000/mo
Interior office/person $ 1,500/mo $ 1,000/mo $ 700/mo

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
Eighth Ave & West 38th Street $ 55 1,500 $ 6,843
Eighth Ave & West 37th Street $ 38 1,000 $ 3,166
Address $ / SF SF Monthly Rent
W 38th St & Eighth Avenue $ 40 4,900 $ 16,333
W 37th St & Eight Avenue $ 35 3,000 $ 8,750
W 38th St & Between West 38th Street $ 40 3,500 $ 11,666
Address $ / SF SF Monthly Rent
W 38th St & Eighth Avenue $ 56 6,400 $ 29,600
W 40th St & Eighth Avenue $ 60 6,600 $ 33,000
W 38th St & Eighth Avenue $ 76 8,300 $ 52,566
W 37th St & Eight Avenue $ 41 10,500 $ 35,875
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Lempert Brothers Intl USA. Testimonial

Lempert Brothers Intl USA. testimonial

262 West 38th Street

262 West 38th Street is a well-known office building located in the busy Penn Plaza/Garment neighborhood of Manhattan. It stands 17 stories high and offers 94,637 square feet of office space that is available for rent. The building, which was built in 1934, is equipped with fiber providers such as Verizon New York, Lightower, Level 3 Communications, and Stealth Communications. Businesses of all sizes can find suitable options for leasing office space at this highly desirable address.

While coworking options are not currently available at 262 West 38th Street, we can assist you in finding the best deals on coworking spaces at nearby locations at no additional cost. In addition to lease options, there may also be opportunities for subleasing.

Commuters will appreciate the abundant transit options with easy access to various subway stations, including the A, C, E, 1, 2, 3, 42nd Street Shuttle, 7, N, Q, R, B, D, F, and M train lines. When considering leasing office space at 262 West 38th Street, it is worth noting that average prices per square foot have followed market trends in recent years. The average office rent was $35.44 per square foot in 2023 and $33.62 per square foot in 2022.

262 West 38th Street Property Overview

Bulding Address: 262 W 38th St
Building Alternate address(es): 262 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:17
Year Built:1934
Building Class:C
Block & lot:00787-0076

Public Transportation

Time and Distance from 262 West 38th Street New York, NY 10018
Transit / Subway Distance Walk
42 Street-Port Authority Bus Terminal Transit Stop (A, C, E) 0.2 mi 5 min
34 Street-Penn Station (A,C,E Line) 0.2 mi 5 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.3 mi 7 min
34 Street-Penn Station (1,2,3 Line) 0.3 mi 7 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.5 mi 9 min

Map Location

Internet Providers at 262 West 38th Street

Internet Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber 1 Gb/s 25 Mb/s
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Stealth Communications Fiber 10 Gb/s 10 Gb/s

Nearby Office Tenants Leased
  • Association for Rehabilitative Case Management and Housing leased 3,898 SF at 545 Eighth Ave
  • Avcon Engineering PC leased 3,500 SF at 580 Eighth Ave
  • Mega Shipping leased 1,675 SF at 555 Eighth Ave

Nearby Retail Tenants Leased
  • Vihans leased 3,324 SF at 592 Eighth Ave

Office Rent 262 West 38th Street Average

Year $ / SF
2018 38.38
2019 39.55
2020 36.8
2021 33.6
2022 33.62
2023 35.44
Year $ / SF
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