Rent Office 10038

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  • Direct Rent Office 10038 Direct
  • Sublease Rent Office 10038 Sublease
  • Coworking Rent Office 10038 coworking

Rent Office 10038

Class Address SF Monthly Rent
Class Address SF Monthly Rent
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2134 $ 1250 $ 750
Interior office/person $ 1384 $ 750 $ 500
Team Rooms $ 10134 $ 8000 $ 5000
Suites $ 20134 $ 12000 $ 7000
Class Address SF Monthly Rent
Office Tenants Rented / Leased 10038

10038

Geographic Boundaries of Zip Code 10038

Zip code 10038 is located in Lower Manhattan, New York City. The boundaries of this zip code include parts of the Financial District, the South Street Seaport Historic District, and other areas near the East River. The area is defined by the convergence of several major streets and serves as a significant hub for business and culture. Streets that generally define its boundaries include Broadway to the west, the East River to the east, Brooklyn Bridge and Worth Street to the north, and Fulton Street to the south.

Description of Businesses and Retailers

Zip code 10038 is a thriving commercial area featuring a mix of businesses, from financial institutions and corporate offices to boutique shops and high-end retail stores. Notable stores such as department outlets and luxury boutiques create a vibrant shopping environment. The presence of corporate offices and co-working spaces signifies the area's role as an essential business hub. Additionally, tech startups and various service-oriented companies add to the dynamic workforce of the area.

Fine Restaurants in Zip Code 10038

The area offers a diverse culinary scene with a variety of restaurants catering to different tastes. From upscale dining establishments offering exquisite international cuisine to cozy cafes and bistros, there is something for every palate. Seafood restaurants, in particular, are popular, given the proximity to the East River. The dining scene is further enriched by a range of cuisines including Italian, Japanese, and traditional American fare.

History of Major Attractions

Among the zip code's most historic attractions is the South Street Seaport, a designated historic district that dates back to the early 19th century. This area once served as a bustling trading hub and has been transformed into a charming cultural and commercial area that houses museums, entertainment venues, and shops. Another significant historical site is the Brooklyn Bridge, which links Lower Manhattan to Brooklyn and offers impressive views of the skyline. The bridge's construction was completed in 1883, becoming a marvel of engineering.

Types of Buildings in Zip Code 10038

Architecture within zip code 10038 is a blend of historic and modern styles. The skyscrapers and office towers represent modern design and house many corporate entities. Complementing these are historic buildings, some of which have been repurposed into residences or commercial spaces. This juxtaposition creates a unique architectural tapestry that continues to evolve as new developments arise.

Other Significant Buildings in the Area

The zip code is home to important structures such as the Woolworth Building, an architectural icon completed in 1913 and once the tallest building in the world. The historic Seaport attracts many for its cobblestone streets and preserved 19th-century buildings like the Schermerhorn Row. Additionally, there are several financial buildings that signify the area’s long-standing role as a financial powerhouse.

Transportation Options

Transportation in zip code 10038 is robust, with multiple subway lines passing through the area, giving residents and businesses access to excellent connectivity across New York City. Key subway stations include Fulton Street and Wall Street, which are served by multiple lines. In addition, multiple bus lines operate throughout the area, facilitating easy access to the surrounding areas.

Adjacent Zip Codes

The zip code 10038 is flanked by several adjacent zip codes including 10007 to the north, 10005 to the south, and 10006 to the west. These neighboring zip codes form a contiguous area that combines residential, commercial, and financial sectors.

Prominent Companies in Zip Code 10038

Given its strategic location in Lower Manhattan, zip code 10038 is home to offices of several prominent companies. Financial firms, media companies, and legal services are among the key players with established offices in the area. Companies in the technology sector have also made inroads, creating a diverse economic landscape. Co-working spaces and startups act as incubators for innovation and provide additional business opportunities.

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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
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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