| Building Address: | 252 W 38th St, New York NY 10018 |
| Building Alternate Address: | 252 W 38th St |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 15 |
| Year Built: | 1924 |
| Building Class: | B |
| Block & lot: | 00787-0070 |
252 West 38th Street, located in Manhattan's Garment District, is a historic boutique office building originally completed in 1924. The building spans approximately 66,073 square feet across 14 stories and is classified as a Class B office property. It features a well-maintained attended lobby with 24/7 access and an on-site maintenance team, supporting a vibrant mix of tenants from fashion, technology, nonprofit, architecture, and engineering industries.
The building was last significantly altered in 1962 and offers modern amenities including renovated office spaces with excellent natural light, exposed ceilings, LED lighting, polished concrete floors, and high ceilings. Offices are wired for fiber optic internet and benefit from flexible lease terms suitable for growing businesses.
Its prime location provides easy access to major transportation hubs such as Penn Station and the Port Authority Bus Terminal, and proximity to landmarks including Bryant Park and Hudson Yards. The building also offers two passenger elevators and one freight elevator, shared bathrooms on each floor, and communal conference and pantry areas.
252 West 38th Street, Manhattan, New York, NY 10018
Building Overview: The Pearl Building, also known as The Crystal Building II, is a 14 to 15-story office property located in Manhattan's Garment District, between 7th and 8th Avenues on 38th Street. Built in 1924 and rated Class B, it offers 66,073 square feet of office space with modern, renovated interiors.
Property Features:
- 24-hour access and attended lobby
- On-site maintenance team
- Central air conditioning and security system
- High ceilings with exposed ceiling and exposed columns
- Natural light with north or south facing offices
- LED architectural lighting and polished concrete floors
- Shared building pantry and conference rooms for meetings
- Two passenger elevators and one freight elevator
- Up to six offices per floor with two shared bathrooms
- Basement and secure storage available
Location Advantages: Walking distance to Penn Station, Port Authority, Bryant Park, Hudson Yards, Times Square, and several major subway lines.
Space Example - Suite 602, 6th Floor:
| Size |
Term |
Rental Rate |
Space Use |
Condition |
Available |
| 1,547 SF |
1-10 Years |
$32.00 /SF/YR |
Office |
Partial Build-Out |
Now |
This suite features two private offices, renovated bathrooms, and custom buildout options. It is a partially built-out standard office with finished 11-foot ceilings, plug & play capability, reception area, kitchen, Wi-Fi connectivity, and conference rooms.
Ownership and Tax Details:
- Year built: 1924
- Stories: 14-15
- Building class: Office with commercial use (B class)
- Lot size: 0.11 Acre (4,905 sqft)
- Building size: 66,073 sqft
- Assessed market value: $8,932,000
- Estimated property tax (2024-2025): $436,006
Building Amenities at 252 W 38th St, Manhattan, NYC
- Attended lobby during business hours with 24/7 keycard access
- Two passenger elevators and one automated freight elevator
- 24-hour access to the building
- High ceilings approximately 10-11 feet
- LED lighting and polished concrete flooring in office spaces
- Modern finishes throughout renovated spaces
- Fiber optic internet wiring (Verizon)
- Natural light in all offices, north or south facing
- Renovated hallways and common areas
- Security system installed
- Kitchen facilities available
- Conference rooms and reception areas
- Open-plan and partially built-out office configurations
- Plug & play office spaces
- Secure storage and basement space availability
- On-site maintenance team
- Flexible office sizes and lease terms
Located within walking distance to major transit hubs including Penn Station, Port Authority, and numerous subway lines, as well as close proximity to Bryant Park, Hudson Yards, and the Garment District neighborhood.
Office Tenants at 252 W 38th St, Manhattan, NYC
252 W 38th Street, known as The Pearl Building or The Crystal Building II, is a 15-story office property located in the heart of NYC’s Garment District. The building hosts a vibrant mix of tenants from industries including fashion, technology, non-profit, architecture, and engineering.
The property is nearly fully occupied with diverse office tenants, benefiting from modern, renovated spaces equipped with fiber optic Internet, natural light, and amenities such as shared conference rooms, reception areas, and secure storage.
Example office space in the building includes:
- 6th Floor, Suite 602: 1,547 SF, partially built-out office space with 2 private offices, conference rooms, and modern amenities available immediately.
The building is known for its well-maintained condition and flexible lease terms, supporting a thriving professional community.
Internet Providers Available at 252 W 38th St, Manhattan, NYC
The Pearl Building at 252 W 38th St offers office spaces wired for fiber optic Internet with Verizon, ensuring high-speed connectivity suitable for a variety of business needs.
- Verizon Fios: Fiber optic service available in the building, offering speeds starting from 300 Mbps up to 2 Gbps. Known for reliable high-speed fiber connectivity and bundled services.
Other major providers commonly available in the Manhattan area, typically accessible around this location, include:
- Astound Broadband Powered by RCN: Offers cable and fiber internet with plans featuring unlimited data usage, known for competitive pricing and expanding fiber coverage in Manhattan.
- Spectrum: Provides cable and fiber internet services with widespread coverage in Manhattan, speeds up to 1 Gbps, and bundles including TV and phone services.
Transportation & Cross Streets: 252 W 38th St
Cross Streets: Between 7th & 8th Avenues
Subway Stations
- 34 St-Penn Station (A/C/E/1/2/3) - 1 min walk
- 34 St-Hudson Yards (7) - 9 min walk
- Times Square-42 St (N/Q/R/W/S/1/2/3/7) - 12 min walk
Bus Routes
- M11/M20/M34A-SBS: 9th/8th Avs routes
- 108/119/158: Port Authority routes
- SIM30: Express buses
Major Transit Hubs
- Penn Station: 0.22 miles (NJR/Amtrak/LIRR)
- Port Authority Bus Terminal: 0.23 miles
- Moynihan Train Hall: 0.33 miles
Nearby Landmarks
- Bryant Park: 0.5 miles east
- Hudson Yards: 0.6 miles west
- Macy's Herald Square: 0.26 miles south
