49 West 38th Street

Class: C + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

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 38th St & Between 5th ave $ 35 1,300 $ 3,791
Avenue Of The Americas & Between 5th Avenue $ 44 1,800 $ 6,526
W 38th St & Avenue of the Americas $ 38 2,300 $ 7,235
W 38th St & Between 5th Avenue $ 36 1,300 $ 3,927
W 39th St & Avenue of the Americas $ 40 2,000 $ 6,666
W 39th St & Avenue of the Americas $ 45 1,900 $ 7,164
Address $ / SF SF Monthly Rent
W 39th St & 5th Avenue $ 43 3,500 $ 12,541
W 38th St & Sixth Avenue $ 59 3,400 $ 16,787
Address $ / SF SF Monthly Rent
W 39th St & Fifth Avenue $ 43 5,300 $ 18,991

49 West 38th Street Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 1,900 Negotiable
$ / SF SF >Monthly Rent
Negotiable 2,500 Negotiable
$ / SF SF >Monthly Rent
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49 West 38th Street

Located in the lively Penn Plaza/Garment neighborhood in Manhattan, 49 West 38th Street is a remarkable 16-story office building. With a total of 73,600 square feet of class C office space available for lease, we offer a variety of options to accommodate your specific requirements, whether you need a small, medium, or large space. Although we do not currently provide coworking alternatives, we have the expertise to negotiate and secure favorable deals for you at no additional fees.

In addition to traditional leasing options, subleasing possibilities may also be available. The building's Zip Code is 10018, providing excellent transportation access with the convenience of several nearby subway lines. Within walking distance, you'll find stations such as the 42nd Street-Bryant Park Subway Station, the 34th Street-Herald Square Subway Station, and the Times Square-42 Street Subway Station.

Constructed in 1924, the average rental price for offices at 49 West 38th Street in 2021 was $42.0 per square foot, which is lower than the average of $54.0 per square foot observed in 2019. Despite prevailing market trends, we are committed to assisting you in securing the most competitive rental rates that align with your specific needs.

49 West 38th Street Property Overview

Bulding Address: 49 W 38th St
Bulding Name: 49 West 38th Street
Building Alternate address(es): 49 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:16
Year Built:1924
Building Class:C
Block & lot:00840-0013

Public Transportation

Time and Distance from 49 West 38th Street New York, NY 10018
Transit / Subway Distance Walk
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.3 mi 6 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.3 mi 6 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.3 mi 7 min
5 Avenue-Bryant Park Transit Stop (7) 0.3 mi 7 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.4 mi 8 min

Map Location



Nearby Retail Tenants Leased
  • Libby Interiors leased 1,600 SF at 1032 Avenue of the Americas

Office Rent 49 West 38th Street Average

Year $ / SF
2018 48.0
2019 54.0
2021 42.0
Year $ / SF
2018 46.0
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