42 West 38th Street

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 39 1,100 $ 3,529
$ / SF SF Monthly Rent
$ 35 3,000 $ 8,750

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
W 39th St & Avenue of the Americas $ 58 1,800 $ 8,700
Address $ / SF SF Monthly Rent
W 38th St & Sixth Avenue $ 60 4,200 $ 20,825
W 38th St & Avenue of the Americas $ 61 4,700 $ 23,891
W 37th St & Between 5th Avenue $ 59 3,400 $ 16,716
W 37th St & Broadway $ 60 3,900 $ 19,337
Address $ / SF SF Monthly Rent
W 37th St & 6th Avenue $ 63 5,800 $ 30,208
W 37th St & Between West 36th Street $ 59 7,000 $ 34,270
W 39th St & Avenue of the Americas $ 84 12,100 $ 84,952
W 37th St & 6th Avenue $ 31 6,100 $ 15,758

42 West 38th Street Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 500 Negotiable
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
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VSA Consulting Group Testimonial

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42 West 38th Street

Situated in the Penn Plaza/Garment district of Manhattan, 42 West 38th Street is a 12-story office building that provides a range of rental options, including coworking and subleasing. Spanning across 75,265 square feet, this Class B office space can cater to the requirements of businesses in the 10018 area, with additional leasing and subleasing opportunities nearby. Having been established since 1916, the building has witnessed a significant surge in rental prices in 2020. Currently, the average rent for office spaces stands at $168.38 per square foot, marking a significant increase from $34.0 per square foot in 2019.

42 West 38th Street Property Overview

Bulding Address: 42 W 38th St
Building Alternate address(es): 42 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:12
Year Built:1916
Building Class:B
Block & lot:00839-0070

Map Location

Office Rent 42 West 38th Street Average

Year $ / SF
2019 34.0
2020 168.38
Year $ / SF
2020 36.0
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