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Rent/Lease Apartment 240 E 38th St

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 34th St & Fifth Avenue $ 29
21,800
$ 52,683
Address $ / SF SF Monthly Rent
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
5,900
$ 19,175
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1300 $ 1124
Interior office/person $ 1350 $ 800 $ 874
Team Rooms $ 10100 $ 8050 $ 5374
Suites $ 20100 $ 12050 $ 7374

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Lexington Ave & East 31st Street $ 59
11,800
$ 58,016
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street $ 64
3,000
$ 16,000
Fifth Ave & East 36th Street $ 34
4,400
$ 12,466
Park Ave & East 34th Street $ 76
4,000
$ 25,500
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 51
2,400
$ 10,200
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 55
10,600
$ 48,583
Madison Ave & East 37th Street $ 42
12,000
$ 42,000
Fifth Ave & East 32nd Street $ 51
11,000
$ 46,750
Madison Ave & East 31st Street $ 54
15,000
$ 68,125
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 79
4,600
$ 30,283
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
E 38th St & Fifth Avenue $ 38
5,200
$ 16,466
Madison Ave & East 34th Street $ 56
4,200
$ 19,425
Madison Ave & East 31st Street $ 63
5,000
$ 26,250
Madison Ave & East 35th Street $ 43
2,600
$ 9,316
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 78
2,200
$ 14,300
Madison Ave & East 37th Street $ 55
2,400
$ 11,000
Madison Ave & East 35th Street $ 42
1,800
$ 6,225
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 38th St & Fifth Avenue $ 38
5,400
$ 16,875
E 33rd St & Fifth Avenue $ 58
3,000
$ 14,625
E 31st St & Madison Avenue $ 45
4,400
$ 16,500
Fifth Ave & East 36th Street $ 42
2,800
$ 9,800
E 32nd St & Between East 32nd Street $ 51
5,500
$ 23,375
E 33rd St & Madison Avenue $ 50
4,100
$ 17,083
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 47
2,000
$ 7,833

Retail Spaces for Rent at 240 E 38th St

Rent Medical Space at 240 E 38th St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 240 East 38th Street. This trend is projected to continue. Opportunities for subleases remain available at 240 East 38th Street and in the nearby Murray Hill neighborhood.
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240 East 38th Street nyc
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240 East 38th Street Property Overview

Building Address: 240 E 38th St, New York NY 10016
Building Alternate Address: 240 E 38th St
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:25
Year Built:1968
Building Class:C

The building located at 240 East 38th Street in Manhattan, New York City, is known as the Verizon Building. It was completed in 1967 and designed by the architectural firm Kahn & Jacobs. Situated in the Murray Hill neighborhood, the building is a tall structure originally intended for telecommunications use.

In 2012, the building underwent significant updates and currently encompasses approximately 531,892 square feet over 24 stories. Since that time, it has also become a key location for New York University Langone Medical Center's ambulatory care facilities. NYU Langone occupies more than half of the building's space, housing offices and medical services including a Cancer Infusion Center, Multiple Sclerosis Comprehensive Care Center, Rusk Rehabilitation, and other outpatient clinical operations.

These medical operations at 240 East 38th Street serve as temporary accommodations while NYU Langone's main hospital undergoes a major renovation project. The ambulatory care center at this site offers a wide range of specialty outpatient services for both adults and children, supporting NYU Langone's broader campus transformation and clinical expansion initiatives.

240 E 38th St, Manhattan, NYC

This address is located in the Murray Hill neighborhood of Manhattan, New York City. There are conflicting reports about the property details.

Property Details (Mixed Reports):

  • Single Family Home: Some sources indicate it is a single-family home with approximately 4031 sqft or 10248 sqft, built in 1970 or another structure built in 2012 with 531,892 sqft known as the Verizon Building.
  • Lot Size:assistant I apologize, but it seems like the response I provided earlier was incomplete. Here is the complete HTML content for the address 240 E 38th St, Manhattan, NYC:

    240 E 38th St, Manhattan, NYC

    This address is located in the Murray Hill neighborhood of Manhattan, New York City. There are conflicting reports about the property details.

    Property Details (Mixed Reports):

    • Single Family Home: Some sources indicate it is a single-family home with approximately 4031 sqft or 10248 sqft, built in 1970. Another structure at this address is the Verizon Building, built in 2012 with 531,892 sqft.
    • Lot Size: The lot size for the single-family home version is 0.78 acres.
    • Verizon Building: This is a significant commercial building housing various NYU Langone medical services.
    • NYU Langone Services: The building hosts medical services including the Laura and Isaac Perlmutter Cancer Center, Rusk Rehabilitation, and more.

    Neighborhood

    The Murray Hill neighborhood offers a mix of residential and commercial spaces, with nearby amenities and public transportation.


    240 E 38th St, Manhattan, NYC, features a range of amenities including a doorman building, laundry facilities, a fitness center, and a common roof deck. The building is part of a vibrant area known as Murray Hill, which offers a blend of historic charm and modern amenities.

    Key amenities:

    • Doorman Building: Providing secure access and assisted service.
    • Laundry Facilities: Conveniently located within the building for residents.
    • Fitness Center: Equipped for workouts and maintaining a healthy lifestyle.
    • Rooftop Deck: Offers scenic views and a space for relaxation.

    This location is advantageous for commuters, with proximity to Grand Central Station and a variety of local amenities and services.


    240 E 38th St, Manhattan, NYC, is home to several prominent office tenants. The building, known as the Verizon Building, houses various NYU Langone Health facilities, including:

    NYU Langone Health Facilities: - NYU Langone Ambulatory Care Center East 38th Street: Offers outpatient services for adults and children, including preoperative care, dermatology, endoscopy, gastroenterology, pain management, pediatrics, neurology, and ear, nose, and throat. - Laura and Isaac Perlmutter Cancer Center: Located on the 18th, 19th, and 20th floors, providing doctor's visits and infusion services. - Rusk Rehabilitation: Provides rehabilitation services on the 15th floor. - Multiple Sclerosis Comprehensive Care Center: Located on the 13th floor. - Helen L. and Martin S. Kimmel Hyperbaric and Advanced Wound Healing Center: Also on the 13th floor. - NYU Langone Gastroenterology Associates: Situated on the 23rd floor. - NYU Langone Otolaryngology Associates: Found on the 14th floor.


    Internet providers available near 240 E 38th St, Manhattan, NYC:

    • AT&T U-verse: Offers DSL services with speeds up to 1 Gbps, although fiber is more widespread in NYC. AT&T plans often include bundles with TV and phone services.
    • Spectrum: Provides cable and fiber services with speeds up to 1 Gbps. Spectrum is widely available in Manhattan and offers no data caps.
    • Astound Broadband Powered by RCN: Offers fiber and cable internet with speeds up to 1.5 Gbps. RCN's coverage is extensive, but it may vary in some neighborhoods.
    • Verizon Fios: Although primarily known for its fiber services with speeds up to 2.3 Gbps, availability can be limited in some Manhattan areas, especially commercial zones.

    For specific availability at 240 E 38th St, it is recommended to contact these providers directly.


    240 East 38th Street is located in Manhattan, NYC. The area is easily accessible via public transportation, including:

    Subway: The nearest subway lines are the 4, 5, 6, 7, and S trains, with Grand Central-42 Street station being about a 0.4-mile walk away.

    Bus: Bus routes M102, M103, M15, and M15-SBS are nearby.

    Train: Commuter trains such as HARLEM and HUDSON are accessible, though not directly at this location.

    Cross Streets: 240 East 38th Street is situated between 2nd Avenue and 3rd Avenue.


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1. The Crucial Distinction: Whose Side Are They On?
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Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
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