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Rent/Lease Office 21 W 38th St
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 36th Street | $ 48 | 11,700 |
$ 46,800 |
| Penn Plaza & West 33rd Street | $ 41.5 | 29,000 |
$ 100,291 |
| Bryant Park & Sixth Avenue | $ 60 | 14,000 |
$ 70,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 36th Street | $ 55.5 | 3,200 |
$ 14,800 |
| Broadway & West 41st Street | $ 56.5 | 4,700 |
$ 22,129 |
| Fifth Ave & West 33rd Street | $ 71 | 4,300 |
$ 25,441 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 55 | 2,200 |
$ 10,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 37th St & Sixth Avenue | $ 33.5 | 11,400 |
$ 31,825 |
| W 37th St & Avenue of the Americas | $ 34.5 | 10,200 |
$ 29,325 |
| Broadway & West 37th Street | $ 42 | 11,100 |
$ 38,850 |
| Seventh Ave & West 38th Street | $ 38 | 7,700 |
$ 24,383 |
| W 40th St & Seventh Avenue | $ 38 | 15,100 |
$ 47,816 |
| Eighth Ave & West 34th Street | $ 54 | 8,900 |
$ 40,050 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 38th Street | $ 48.5 | 4,200 |
$ 16,975 |
| W 37th St & Sixth Avenue | $ 35 | 3,500 |
$ 10,208 |
| W 40th St & Eighth Avenue | $ 41.5 | 2,600 |
$ 8,991 |
| Broadway & West 37th Street | $ 41 | 6,100 |
$ 20,841 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 38th Street | $ 47 | 2,100 |
$ 8,225 |
| Tenth Ave & West 37th Street | $ 46.5 | 2,200 |
$ 8,525 |
| Penn Plaza & Eighth Avenue | $ 40 | 1,800 |
$ 6,000 |
| Fifth Ave & East 35th Street | $ 40 | 2,100 |
$ 7,000 |
| W 36th St & Between Eighth Avenue | $ 38 | 2,400 |
$ 7,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 33 | 7,500 |
$ 20,625 |
| W 30th St & Fifth Avenue | $ 30 | 7,100 |
$ 17,750 |
| W 36th St & Eighth Avenue | $ 33 | 7,800 |
$ 21,450 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 30th Street | $ 48 | 2,500 |
$ 10,000 |
| W 38th St & Eighth Avenue | $ 35 | 4,400 |
$ 12,833 |
| W 35th St & Seventh Avenue | $ 35.5 | 5,300 |
$ 15,679 |
| W 36th St & Eighth Avenue | $ 50.5 | 3,700 |
$ 15,570 |
| W 37th St & Ninth Avenue | $ 40 | 4,500 |
$ 15,000 |
| W 36th St & Avenue of the Americas | $ 45 | 3,400 |
$ 12,750 |
| W 30th St & Fifth Avenue | $ 33 | 5,000 |
$ 13,750 |
| Broadway & West 32nd Street | $ 46.28 | 3,500 |
$ 13,498 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 30th Street | $ 47 | 2,000 |
$ 7,833 |
| W 36th St & Eighth Avenue | $ 49 | 2,400 |
$ 9,800 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 41st Street | $ 70.5 | 13,200 |
$ 77,550 |
| Fifth Ave & West 38th Street | $ 56.5 | 17,600 |
$ 82,866 |
| Broadway & West 39th Street | $ 59 | 10,900 |
$ 53,591 |
| 1 Plz & West 33rd Street | $ 105 | 19,100 |
$ 167,125 |
| W 40th St & Avenue of the Americas | $ 74.5 | 8,500 |
$ 52,770 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 67.5 | 5,500 |
$ 30,937 |
| W 38th St & Avenue of the Americas | $ 56 | 3,500 |
$ 16,333 |
| Broadway & West 41st Street | $ 65.5 | 6,800 |
$ 37,116 |
| Broadway & West 36th Street | $ 65.5 | 4,600 |
$ 25,108 |
| 2 & West 31st Street | $ 140.5 | 5,300 |
$ 62,054 |
| Fifth Ave & West 38th Street | $ 61 | 3,800 |
$ 19,316 |
| 1 Plz & West 33rd Street | $ 105 | 3,200 |
$ 28,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 67.5 | 2,300 |
$ 12,937 |
| 1 Plz & West 33rd Street | $ 98 | 2,400 |
$ 19,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 36th Street | $ 40.5 | 7,500 |
$ 25,312 |
| W 39th St & Eighth Avenue | $ 40 | 7,700 |
$ 25,666 |
| W 33rd St & Fifth Avenue | $ 40.5 | 7,100 |
$ 23,962 |
| Eighth Ave & West 35th Street | $ 39 | 7,100 |
$ 23,075 |
| Eighth Ave & W 35th Street | $ 40 | 8,000 |
$ 26,666 |
| W 37th St & Avenue of the Americas | $ 46.5 | 8,600 |
$ 33,325 |
| Tenth Ave & West 37th Street | $ 49.5 | 7,900 |
$ 32,587 |
| W 36th St & Sixth Avenue | $ 46.5 | 9,600 |
$ 37,200 |
| Broadway & West 38th Street | $ 54 | 9,500 |
$ 42,750 |
| Seventh Ave & West 37th Street | $ 56 | 10,300 |
$ 48,066 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 38th Street | $ 52 | 3,100 |
$ 13,433 |
| W 35th St & Avenue of the Americas | $ 29 | 4,400 |
$ 10,633 |
| Eighth Ave & West 36th Street | $ 36 | 4,700 |
$ 14,100 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 36th Street | $ 42 | 2,200 |
$ 7,700 |
| W 39th St & Ninth Avenue | $ 39 | 1,800 |
$ 5,850 |
| W 38th St & Fifth Avenue | $ 35 | 2,200 |
$ 6,416 |
| Eighth Ave & West 35th Street | $ 35 | 1,700 |
$ 4,958 |
| Tenth Ave & West 37th Street | $ 44 | 2,200 |
$ 8,066 |
| W 40th St & Eighth Avenue | $ 47.5 | 1,900 |
$ 7,520 |
| Broadway & West 38th Street | $ 52 | 1,900 |
$ 8,233 |
| 7th Ave & Between Seventh Avenue | $ 57 | 1,600 |
$ 7,600 |
| Avenue of the Americas & West 39th Street | $ 61 | 2,300 |
$ 11,691 |
| Avenue of the Americas & West 31st Street | $ 79 | 2,400 |
$ 15,800 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 40.5 | 8,800 |
$ 29,700 |
| W 39th St & Eighth Avenue | $ 36 | 9,200 |
$ 27,600 |
| Eighth Ave & West 36th Street | $ 42 | 16,000 |
$ 56,000 |
| W 35th St & Seventh Avenue | $ 35 | 7,600 |
$ 22,166 |
| Eighth Ave & West 39th Street | $ 41 | 11,400 |
$ 38,950 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 40 | 3,900 |
$ 13,000 |
| W 35th St & Eighth Avenue | $ 33.5 | 3,300 |
$ 9,212 |
| Seventh Ave & West 30th Street | $ 35 | 3,800 |
$ 11,083 |
| W 38th St & Fifth Avenue | $ 39 | 2,700 |
$ 8,775 |
| Eighth Ave & West 36th Street | $ 40.5 | 5,800 |
$ 19,575 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 35.5 | 2,300 |
$ 6,804 |
| W 38th St & Eighth Avenue | $ 36.46 | 2,100 |
$ 6,380 |
| W 39th St & Eighth Avenue | $ 39.5 | 1,600 |
$ 5,266 |
| Eighth Ave & West 36th Street | $ 38 | 1,600 |
$ 5,066 |
| W 32nd St & Ninth Avenue | $ 50 | 1,800 |
$ 7,500 |
| W 32nd St & Broadway | $ 43 | 2,100 |
$ 7,525 |
Retail Spaces for Rent at 21 W 38th St
Rent Retail 21 W 38th St
Rent Medical Space at 21 W 38th St
- Infinite Global leased 4,465 SF
- Miller Samuel Inc leased 2,150 SF
- Major Building Consulting… leased 4,300 SF
- SAB Capital leased 9,275 SF
- Site Safety leased 4,465 SF
- Skin Operating LLC leased 3,300 SF
- Henricksen leased 4,465 SF
- Kumon North America leased 4,465 SF
- Takihyo Co leased 4,300 SF
- Greenman-Pedersen , Inc. leased 4,300 SF
- Horsemouth leased 4,465 SF
- Lucky Zone Design, LLC leased 4,465 SF
- Lilker Associates Consulting Engineers leased 24,034 SF at 1001 Avenue of the Americas
- Pearl Spaces LLC leased 23,500 SF at 500 Eighth Ave
- ASI System Integration leased 23,050 SF at 48 West 37th St
- North Fork Bank leased 23,000 SF at 1001 Sixth Ave
- Pem America, Inc leased 22,574 SF at 70 West 36th St
- Aec Reprographics leased 21,660 SF at 42 West 39th St
- The New Dance Group leased 21,000 SF at 575 Eighth Ave
- blueprint + co leased 20,000 SF at 214 West 39th St
- WeWork leased 19,150 SF at 224 West 29th St
- Roundabout Atre Compan… leased 18,201 SF at 231 West 39th Street
- Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
- Market Crates leased 2,300 SF at 224 West 35th Street
- Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
- NY Fashion & Dress Inc. leased 2,000 SF at 261 West 36th St
- Republic Clothing Corporation leased 2,000 SF at 1412 Broadway
- RadioShack leased 2,000 SF at 1357 Broadway
- Rainbow Nail leased 1,940 SF at 1370 Broadway
- Pret A Manger leased 1,939 SF at One Penn Plaza
- Naturalizer leased 1,935 SF at 1460 Broadway
- Baja Fresh leased 1,800 SF at 1441 Broadway
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
21 West 38th Street Property Overview
| Building Address: | 21 W 38th St, New York NY 10018 |
| Building Alternate Address: | 21 W 38th St |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 17 |
| Year Built: | 1913 |
| Building Class: | B |
| Block & lot: | 00840-0028 |
21 West 38th Street is a historic commercial building located in the Garment District of Manhattan, New York City. Constructed in 1917, the 17-story building encompasses approximately 65,240 square feet of office and commercial space on a lot of about 4,246 square feet. Over the years, the building has undergone significant alterations, including a modernization of its elevators with new cabs and mechanical upgrades completed by 2025.
Situated in a prime commuter location, 21 West 38th Street is conveniently accessible via multiple major subway lines (4, 5, 6, 7, B, D, F, M, N, Q, R, W) and is near major transit hubs such as Grand Central Terminal for Metro North and Long Island Rail Road connections. The building also benefits from an adjacent partnership with the Hotel Hendricks, which provides nearby event spaces, dining options, and a rooftop bar, enhancing its appeal for commercial tenants.
The structure is classified as an Office with Commercial 7-19 Stories (O6) building, reflecting its mixed-use nature within a bustling Midtown South neighborhood. Its architectural longevity and central location in the Garment District have made it a significant part of Manhattan’s commercial real estate landscape for over a century.
Property tax assessments for the building in 2024-2025 valued it with an estimated property tax of approximately $536,593, reflecting its substantial market value and prominence in the area.
21 West 38th Street, located in the Garment District of Manhattan, New York City, is a commercial building constructed in 1917 and features 17 stories with 19 units. The building is classified as an office with commercial space and has undergone alterations, with the most significant being in 1979. It has a total building area of 65,240 square feet.
The property is centrally situated in the commuter triangle, offering easy access to various subway lines including the 4, 5, 6, 7, B, D, F, M, N, Q, R, and W trains, along with Metro North and Long Island Rail Road (LIRR). Additionally, it is near the Hotel Hendricks, which provides event spaces, restaurants, and a rooftop bar.
The building's tax history includes an estimated property tax of $536,593 for the tax year 2024-2025, with a market value of approximately $11.61 million and an assessed value of $5.22 million.
Building Amenities at 21 W 38th St, Manhattan, NYC
- 24 Hour Access
- Bus Line
- Metro/Subway (Close proximity to major subway lines)
- ADA Accessibility
- Freight Elevator
- Partnership with Hotel Hendricks for nearby amenities like event spaces, restaurants, and a rooftop bar
Office Tenants Rented / Leased at 21 West 38th Street, Manhattan, NYC
21 West 38th Street, a 17-story office building in Midtown Manhattan, has achieved 100% occupancy with three full-floor tenants.
-
Partner Engineering and Science
Occupies the entire eighth floor with a leased area of 4,465 square feet. -
American Lung Association
Renewed lease for full-floor space of 4,465 square feet on the third floor. -
GPI / Greenman-Pedersen
Engineering consultant with a renewed full-floor lease of 4,465 square feet on the sixth floor.
The building, constructed in 1917, offers dedicated air-conditioning for each floor, new bathrooms, and operable windows on three sides, contributing to its appeal for tenants.
Internet Providers at 21 W 38th St, Manhattan, NYC
The building at 21 W 38th St, Manhattan offers access to several major internet providers known for coverage and high-speed services in Manhattan, NYC.
Verizon Fios
Verizon's Fios service is widely available in Manhattan, including Midtown locations like 21 W 38th St. It offers fiber-optic internet with speeds starting at 300 Mbps and going up to 2.3 Gbps. Plans start around $49.99/month. Verizon Fios is known for reliability and strong customer satisfaction.
Spectrum
Spectrum provides cable and fiber internet services across Manhattan with download speeds up to 1 Gbps. It's available throughout the borough, including Midtown areas, with plans starting around $30/month. Spectrum is a popular choice due to no data caps and extensive coverage.
Astound Broadband Powered by RCN
Astound Broadband (formerly RCN) offers cable and fiber internet to much of Manhattan, including Midtown neighborhoods. Their fiber plans can reach speeds up to 1.5 Gbps, with prices starting near $35/month. Astound is known for competitive pricing and unlimited data usage.
Optimum
Optimum provides cable and fiber internet services in New York City, including Manhattan, with speeds up to 8 Gbps on fiber. Cable plans start at $40/month. It offers a range of bundles and is available in many parts of Manhattan.
T-Mobile Home Internet
T-Mobile offers 5G home internet in Manhattan with typical download speeds between 87 Mbps and 415 Mbps, depending on the plan. Availability covers over 80% of NYC, including Midtown.
Additional Providers
Other providers available in the area include Xfinity (cable internet up to 2 Gbps), Starry Internet (fixed wireless), and satellite providers like HughesNet and Viasat for alternative connections.
21 W 38th St, Manhattan, NYC - Transportation and Cross Streets
Located at the intersection of 38th Street and Broadway and near 38th Street and 6th Avenue, 21 W 38th St is centrally positioned in Manhattan's Garment District.
Public Transportation
The building is well-served by multiple subway lines, buses, and nearby train stations:
- Subway lines nearby: 2, 4, 5, 6, 7, B, D, F, M, N, Q, R, W
- Closest Subway Stations:
- Times Sq-42 St (1-4 min walk)
- 42 St-Bryant Park
- 33rd Street (8 min walk)
- Port Authority Bus Terminal (42 St)
- Bus lines serving nearby stops: 160, BM2, BXM4, M1, M5, M7, M55, Q32, SIM1C
- Rail services: PATH, Harlem Line, Ronkonkoma Branch, Babylon Branch, Port Jefferson Branch
Nearby Bus Stops
- W 37 St/Broadway (2 min walk)
- 6 Av/W 38 St (3 min walk)
- 37th St & 6th Ave Westsider (3 min walk)
- 6 Av/W 37 St
- W 40th St & 6th Ave
Additional Notes
Public transit options provide frequent and convenient access to and from the site, with some buses and trains operating as early as 3:00 AM and late into the night. The building is also located within walking distance of major transit hubs, making it highly accessible for commuters.
- Infinite Global leased 4,465 SF
- Miller Samuel Inc leased 2,150 SF
- Major Building Consulting… leased 4,300 SF
- SAB Capital leased 9,275 SF
- Site Safety leased 4,465 SF
- Skin Operating LLC leased 3,300 SF
- Henricksen leased 4,465 SF
- Kumon North America leased 4,465 SF
- Takihyo Co leased 4,300 SF
- Greenman-Pedersen , Inc. leased 4,300 SF
- Horsemouth leased 4,465 SF
- Lucky Zone Design, LLC leased 4,465 SF
- Lilker Associates Consulting Engineers leased 24,034 SF at 1001 Avenue of the Americas
- Pearl Spaces LLC leased 23,500 SF at 500 Eighth Ave
- ASI System Integration leased 23,050 SF at 48 West 37th St
- North Fork Bank leased 23,000 SF at 1001 Sixth Ave
- Pem America, Inc leased 22,574 SF at 70 West 36th St
- Aec Reprographics leased 21,660 SF at 42 West 39th St
- The New Dance Group leased 21,000 SF at 575 Eighth Ave
- blueprint + co leased 20,000 SF at 214 West 39th St
- WeWork leased 19,150 SF at 224 West 29th St
- Roundabout Atre Compan… leased 18,201 SF at 231 West 39th Street
- Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
- Market Crates leased 2,300 SF at 224 West 35th Street
- Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
- NY Fashion & Dress Inc. leased 2,000 SF at 261 West 36th St
- Republic Clothing Corporation leased 2,000 SF at 1412 Broadway
- RadioShack leased 2,000 SF at 1357 Broadway
- Rainbow Nail leased 1,940 SF at 1370 Broadway
- Pret A Manger leased 1,939 SF at One Penn Plaza
- Naturalizer leased 1,935 SF at 1460 Broadway
- Baja Fresh leased 1,800 SF at 1441 Broadway
Recent News About 21 West 38th Street
Nothing else matters Software Testimonial
To whom it may concern:
I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Donald H. Rutherford
CFO
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.