8 West 38th Street

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 42 1,900 $ 6,650
$ / SF SF Monthly Rent
$ 45 3,100 $ 11,495
$ / SF SF Monthly Rent
$ 33 11,800 $ 32,818

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 1,000 Negotiable
$ / 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 West 37th Street $ 39 2,500 $ 8,125
Fifth Ave & West 37th Street $ 76 2,100 $ 13,300
Address $ / SF SF Monthly Rent
W 38th St & Avenue of the Americas $ 61 4,700 $ 23,891
W 37th St & Broadway $ 60 3,900 $ 19,337
W 38th St & Sixth Avenue $ 60 4,200 $ 20,825
Fifth Ave & East 39th Street $ 32 3,300 $ 8,765
Address $ / SF SF Monthly Rent
W 37th St & 6th Avenue $ 31 6,100 $ 15,758
Fifth Ave & East 38th Street $ 71 34,800 $ 205,175
Fifth Ave & East 37th Street $ 49 11,300 $ 46,141
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Clemente Capital Testimonial

Clemente Capital testimonial

8 West 38th Street

Situated in Manhattan's Penn Plaza/Garment district, 8 West 38th Street presents an opportunity to lease a 12-story office building comprising 112,120 square feet of office space with a Class B rating. Regardless of your office size requirements, we offer flexible subleasing options and have neighboring buildings to cater to your needs. Although coworking options are unavailable at this time, we provide complimentary negotiation services to assist in securing the most favorable leasing agreements. Our building boasts high-speed fiber providers such as Level 3 Communications, Verizon New York, and tw telecom. The average office rent per square foot for 2021 and 2022 stands at $45, aligning with current market trends. With convenient access to various subway lines including 5 Avenue-Bryant Park, 42 Street-Bryant Park, 34 Street-Herald Square, and Grand Central-42 Street Subway Stations, as well as the PATH Transit Stop at the 33 St Subway Station, our location is highly accessible.

8 West 38th Street Property Overview

Bulding Address: 8 W 38th St
Building Alternate address(es): 8 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:12
Year Built:1913
Building Class:B
Block & lot:00839-0055

Public Transportation

Time and Distance from 8 West 38th Street New York, NY 10018
Transit / Subway Distance Walk
5 Avenue-Bryant Park Transit Stop (7) 0.2 mi 5 min
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.3 mi 7 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.4 mi 8 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.4 mi 8 min
Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) 0.5 mi 10 min

Map Location


Nearby Office Tenants Leased
  • Totes Isotoner leased 29,000 SF at 420 Fifth Ave

Nearby Retail Tenants Leased
  • Hole in the Wall Coffee leased 200 SF at 420 Fifth Ave

Office Rent 8 West 38th Street Average

Year $ / SF
2018 49.0
2019 58.0
2020 62.36
2021 45.0
2022 45.0
Year $ / SF
2019 50.5
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