48 West 37th Street Office Spaces For Rent
Class: C + 10018 Buildings Penn Plaza/Garment
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 36th St & Avenue of the Americas | $ 52 | 2,900 | $ 12,566 |
| W 37th St & Between 5th Avenue | $ 98 | 1,500 | $ 12,187 |
| W 36th St & Between 5th Avenue | $ 42 | 2,100 | $ 7,350 |
| W 36th St & Avenue of the Americas | $ 56 | 2,300 | $ 10,733 |
| W 36th St & 6th Avenue | $ 48 | 2,000 | $ 8,000 |
| W 37th St & Between 6th Avenue | $ 50 | 1,500 | $ 6,250 |
| W 38th St & Between West 37th Street | $ 38 | 1,600 | $ 5,066 |
| W 36th St & Fifth Avenue | $ 34 | 1,600 | $ 4,500 |
| W 38th St & Avenue of the Americas | $ 39 | 2,500 | $ 8,125 |
| Avenue of the Americas & West 38th Street | $ 31 | 1,000 | $ 2,583 |
C2 Media Testimonial
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Rent Office 48 West 37th Street
48 West 37th Street, located in the highly desirable Penn Plaza/Garment neighborhood of Manhattan, is an impressive 18-story office building. With a total rental space of 169,853 square feet, this property offers a variety of office choices for businesses of all sizes. Despite being constructed in 1926, the building maintains a timeless elegance and style that attracts businesses from various industries.
When it comes to internet connectivity, tenants at 48 West 37th Street can rely on fiber optic providers such as Verizon New York, Lightower, Level 3 Communications, and Cablevision/Lightpath for fast and reliable service. Although co-working options are not currently available within the building, we can assist clients in finding the best deals on co-working spaces in the area at no additional cost. With lease and sublease options available, 48 West 37th Street provides flexible leasing options to suit a diverse range of needs.
One notable aspect to consider when leasing an office at 48 West 37th Street is that the average price per square foot hasn't followed market trends. This means there is a chance to secure a great deal on rental space.
Commuting to and from 48 West 37th Street is convenient, with multiple transit options just minutes away on foot. The 34 Street-Herald Square Subway Station provides access to the B, D, F, M, N, Q, and R train lines, while the 33 St Subway Station offers access to PATH Transit Stop train lines. The 42 Street-Bryant Park and 34 Street-Penn Station Subway Stations are within an 8-minute walk and provide additional train line options. The 7 train lines are conveniently accessible at the 5 Avenue-Bryant Park Subway Station, also just an 8-minute walk away.
In terms of pricing, the average office rent at 48 West 37th Street was $35.0 per square foot in 2022 and $39.33 per square foot in 2021. Whether your business is just starting out or expanding, 48 West 37th Street could be the perfect address for you.
When it comes to internet connectivity, tenants at 48 West 37th Street can rely on fiber optic providers such as Verizon New York, Lightower, Level 3 Communications, and Cablevision/Lightpath for fast and reliable service. Although co-working options are not currently available within the building, we can assist clients in finding the best deals on co-working spaces in the area at no additional cost. With lease and sublease options available, 48 West 37th Street provides flexible leasing options to suit a diverse range of needs.
One notable aspect to consider when leasing an office at 48 West 37th Street is that the average price per square foot hasn't followed market trends. This means there is a chance to secure a great deal on rental space.
Commuting to and from 48 West 37th Street is convenient, with multiple transit options just minutes away on foot. The 34 Street-Herald Square Subway Station provides access to the B, D, F, M, N, Q, and R train lines, while the 33 St Subway Station offers access to PATH Transit Stop train lines. The 42 Street-Bryant Park and 34 Street-Penn Station Subway Stations are within an 8-minute walk and provide additional train line options. The 7 train lines are conveniently accessible at the 5 Avenue-Bryant Park Subway Station, also just an 8-minute walk away.
In terms of pricing, the average office rent at 48 West 37th Street was $35.0 per square foot in 2022 and $39.33 per square foot in 2021. Whether your business is just starting out or expanding, 48 West 37th Street could be the perfect address for you.
48 West 37th Street Property Overview
| Bulding Address: | 48 W 37th St |
| Building Alternate address(es): | 48 W 37th St |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 18 |
| Year Built: | 1926 |
| Building Class: | C |
| Block & lot: | 00838-0076 |
Public Transportation
Time and Distance from 48 West 37th Street New York, NY 10018| Transit / Subway | Distance | Walk |
|---|---|---|
| 34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) | 0.2 mi | 5 min |
| 33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) | 0.3 mi | 6 min |
| 42 Street-Bryant Park Transit Stop (B, D, F, M) | 0.3 mi | 6 min |
| 34 Street-Penn Station (1,2,3 Line) | 0.4 mi | 8 min |
| 5 Avenue-Bryant Park Transit Stop (7) | 0.4 mi | 8 min |
Map Location
Internet Providers at 48 West 37th 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 |
| Cablevision/Lightpath | Fiber | 10 Gb/s | 10 Gb/s |
Nearby Retail Tenants Leased
- Chick-fil-A leased 5,000 SF at 1000 Avenue of the Americas
Office Rent 48 West 37th Street Average
| Year | $ / SF |
|---|---|
| 2018 | 43.75 |
| 2021 | 39.33 |
| 2022 | 35.0 |
| Year | $ / SF |
|---|
