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Rent Office 257-261 West 38th Street

Class C 10018 Buildings Penn Plaza/Garment

$ / SF	SF	Monthly Rent

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Broadway & West 36th Street	$ 48	11,700	$ 46,800
Penn Plaza & West 33rd Street	$ 42	29,000	$ 101,500
Bryant Park & 6th Avenue	$ 61	14,000	$ 71,166

Address	$ / SF	SF	Monthly Rent
Broadway & West 36th Street	$ 56	3,200	$ 14,800
Broadway & West 41st Street	$ 56	4,700	$ 21,737
Fifth Ave & West 33rd Street	$ 71	4,300	$ 25,441

Address	$ / SF	SF	Monthly Rent
Broadway & West 41st Street	$ 55	2,200	$ 10,083

Address	$ / SF	SF	Monthly Rent
W 37th St & 6th Avenue	$ 34	11,400	$ 31,825
W 37th St & Avenue of America	$ 36	10,200	$ 30,175
Broadway & West 37th Street	$ 42	11,100	$ 38,850
Seventh Ave & West 38th Street	$ 38	7,700	$ 24,383
W 40th St & Between West 39th Street	$ 38	15,100	$ 47,816

Address	$ / SF	SF	Monthly Rent
Seventh Ave & West 38th Street	$ 48	4,200	$ 16,625
W 37th St & 6th Avenue	$ 35	3,500	$ 10,208
W 40th St & Eighth Avenue	$ 42	2,600	$ 8,991

Address	$ / SF	SF	Monthly Rent
Tenth Ave & West 37th Street	$ 46	2,200	$ 8,341
Seventh Ave & West 38th Street	$ 45	2,400	$ 9,000
Penn Plaza & Eighth Avenue	$ 40	1,800	$ 6,000
Fifth Ave & East 35th Street	$ 40	2,100	$ 7,000
W 36th St & Between 8th Avenue	$ 37	1,600	$ 4,933

Address	$ / SF	SF	Monthly Rent
W 35th St & Between West 35th Street	$ 33	7,500	$ 20,625
W 37th St & Seventh Avenue	$ 30	7,300	$ 18,250
W 30th St & Between West 30th Street	$ 30	7,100	$ 17,750
W 36th St & Eight Avenue	$ 33	7,800	$ 21,450

Address	$ / SF	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 & Between West 35th Street	$ 36	5,300	$ 15,679
W 37th St & Seventh Avenue	$ 30	6,800	$ 17,000
W 36th St & Eighth Avenue	$ 50	3,700	$ 15,262
W 37th St & Ninth Avenue	$ 40	4,500	$ 15,000
W 37th St & Eight Avenue	$ 40	3,400	$ 11,333
W 36th St & Avenue of the Americas	$ 45	3,400	$ 12,750
W 30th St & Between West 30th Street	$ 33	5,000	$ 13,750
Broadway & West 32nd Street	$ 46	3,500	$ 13,498

Address	$ / SF	SF	Monthly Rent
Penn Plaza & West 30th Street	$ 46	2,000	$ 7,666

Type of Space	Class A/month	Class B/month	Class C/month
Windowed office/person	$ 2100	$ 1300	$ 1126
Interior office/person	$ 1350	$ 800	$ 876
Team Rooms	$ 10100	$ 8050	$ 5376
Suites	$ 20100	$ 12050	$ 7376

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Broadway & West 41st Street	$ 72	13,200	$ 78,650
Fifth Ave & West 38th Street	$ 58	17,600	$ 84,333
Broadway & West 39th Street	$ 59	10,900	$ 53,591
1 Plz & West 33rd Street	$ 105	19,100	$ 167,125
W 40th St & Avenue of Americas	$ 74	8,500	$ 52,770

Address	$ / SF	SF	Monthly Rent
Broadway & West 37th Street	$ 66	5,500	$ 30,479
W 38th St & Avenue of the Americas	$ 56	3,500	$ 16,333
Broadway & West 41st Street	$ 66	6,800	$ 37,116
Broadway & West 36th Street	$ 66	4,600	$ 25,108
2 & West 31st Street	$ 140	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	SF	Monthly Rent
Broadway & West 37th Street	$ 66	2,300	$ 12,745
1 Plz & West 33rd Street	$ 98	2,400	$ 19,600

Address	$ / SF	SF	Monthly Rent
Eighth Ave & West 36th Street	$ 42	7,500	$ 25,937
W 39th St & Eighth Avenue	$ 41	7,700	$ 26,308
W 33rd St & Fifth Avenue	$ 42	7,100	$ 24,554
Eighth Ave & West 35th Street	$ 39	7,100	$ 23,075
Eighth Ave & W 35th Street	$ 41	8,000	$ 27,333
W 37th St & Avenue of America	$ 47	8,600	$ 33,683
Tenth Ave & West 37th Street	$ 50	7,900	$ 33,245
W 36th St & 6th Avenue	$ 46	9,600	$ 37,200
Broadway & West 38th Street	$ 54	9,500	$ 42,750
Seventh Ave & West 37th Street	$ 57	10,300	$ 48,925

Address	$ / SF	SF	Monthly Rent
Seventh Ave & West 38th Street	$ 52	3,100	$ 13,433
W 35th St & Avenue of America	$ 29	4,400	$ 10,633
Eighth Ave & West 36th Street	$ 36	4,700	$ 14,100

Address	$ / SF	SF	Monthly Rent
Eighth Ave & West 36th Street	$ 41	2,200	$ 7,516
W 39th St & Ninth Avenue	$ 39	1,800	$ 5,850
W 38th St & Between West 37th Street	$ 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	$ 46	1,900	$ 7,362
Broadway & West 38th Street	$ 51	1,900	$ 8,075
7th Ave & Between 7th Avenue	$ 56	1,600	$ 7,466
Avenue of the Americas & West 39th Street	$ 61	2,300	$ 11,691
Avenue of the Americas & West 31st Street	$ 78	2,400	$ 15,600

Address	$ / SF	SF	Monthly Rent
W 35th St & Seventh Avenue	$ 41	8,800	$ 30,066
W 39th St & Eighth Avenue	$ 37	9,200	$ 28,366
Eighth Ave & West 36th Street	$ 42	16,000	$ 56,666
W 35th St & Seventh Avenue	$ 35	7,600	$ 22,166
W 35th St & Between West 35th Street	$ 34	7,300	$ 20,683
Eighth Ave & West 39th Street	$ 42	11,400	$ 39,425

Address	$ / SF	SF	Monthly Rent
W 35th St & Seventh Avenue	$ 40	3,900	$ 13,000
W 35th St & Eighth Avenue	$ 34	3,300	$ 9,212
Seventh Ave & West 30th Street	$ 35	3,800	$ 11,083
W 38th St & Between West 37th Street	$ 39	2,700	$ 8,775
Eighth Ave & West 36th Street	$ 40	5,800	$ 19,575
W 32nd St & Ninth Avenue	$ 49	2,800	$ 11,433

Address	$ / SF	SF	Monthly Rent
W 35th St & Seventh Avenue	$ 34	2,300	$ 6,612
W 38th St & Eight Avenue	$ 36	2,100	$ 6,380
W 39th St & Eighth Avenue	$ 38	1,600	$ 5,133
Eighth Ave & West 36th Street	$ 38	1,600	$ 5,066
W 32nd St & Ninth Avenue	$ 49	1,800	$ 7,350
W 35th St & Between West 35th Street	$ 36	2,100	$ 6,212
W 37th St & Ninth Avenue	$ 37	1,900	$ 5,920

Retail Spaces for Rent at 257-261 W 38th St

Retail Spaces
Sublease

Tenants
Nearby Tenants

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 257-261 West 38th Street. This trend is projected to continue. Opportunities for subleases remain available at 257-261 West 38th Street and in the nearby Penn Plaza/Garment neighborhood.

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Property Summary

257-261 West 38th Street Property Overview

Building Address:	257-261 W 38th St, New York NY 10018
Building Alternate Address:	257-261 W 38th St
Zip Code:	10018
Neighborhood:	Penn Plaza/Garment
Borough:	Manhattan
Stories:	0
Year Built:	1925
Building Class:	C

257-261 West 38th Street, located in the heart of Manhattan's Garment District, is a historic building built circa 1927. This 17-story loft structure has been a part of New York City's industrial and commercial landscape for nearly a century. Its proximity to major transportation hubs, including several subway lines, the Port Authority Bus Station, Pennsylvania Station, LIRR, NJ Transit, Amtrak, Path Trains, and Grand Central Station, makes it an attractive location for businesses.

The building features high ceilings of 11.5 feet and offers significant natural lighting, making it suitable for both office and retail spaces. Over the years, it has undergone various alterations, as noted in recent permits for renovations, including those in 2023 and 2022. The property's combination of old-world charm and modern amenities, such as dual passenger and single freight elevators, contributes to its enduring appeal in a bustling area of Manhattan.

257-261 West 38th Street, Manhattan, NYC is a 17-story building built circa 1927. It features large windows, 55' frontage, dual passenger and single freight elevators. The building is centrally located in the Garment District, close to major transportation hubs like Grand Central Station, Pennsylvania Station, and multiple subway lines.

The property includes retail and office spaces with varying floor plans and amenities such as built-out offices and natural lighting.

Key Details:

Location: Between 7th & 8th Avenues, Garment District, Manhattan.
Year Built: 1927
Stories: 17
Ceiling Height: 11.5 Feet
Neighborhood: Garment District

257-261 W 38th St Building Amenities

Location: Between 7th & 8th Avenues in Manhattan's Garment District
Year Built: Circa 1927
Building Features:
- 17-Story Building
- Large Multiple Windows
- 55' Frontage
- Dual Passenger Elevators
- Single Freight Elevator
- Skylights
Amenities:
- Great Natural Lighting
- 3 Bathrooms with Shower
- Built-out Offices
- Pantry
Ceiling Height: 11 Feet
Transportation: Close proximity to multiple subway lines, Port Authority Bus Terminal, Penn Station, LIRR, NJ Transit, Amtrak, Path Trains, and Grand Central Station

257-261 W 38th St is a historic 17-story building constructed circa 1927 in Manhattan's Garment District. Located between 7th and 8th Avenues, it offers convenient access to major transportation hubs and landmarks like the Theater District and Madison Square Garden. The building features dual passenger and single freight elevators, providing excellent accessibility.

The available office space is highlighted by the following features:

3 Bathrooms with Shower: Ensuring comfort and hygiene for tenants.
Built-out Offices: Offering a partially finished space ready for customization.
Great Natural Lighting: Large multiple windows provide ample natural light throughout the space.
Pantry: Convenient for office use and events.

The 16th floor provides approximately 5,250 square feet of office space, suitable for accommodating 14 to 42 people. The building also offers high ceilings, adding to its aesthetic appeal.

Located in a vibrant area with various cultural and commercial activities, this property benefits from being close to major New York City attractions and transportation hubs.

257-261 W 38th St, Manhattan, NYC offers residents several internet service providers within the building.

Transportation Options Near 257-261 W 38th St, Manhattan, NYC

Public Transit

The following public transit options are available near 257-261 W 38th St:

Buses

Bus 160
BM2
BXM4
M5
Q32
M20
M34A-SBS
QM10
QM15

Subways

Subway Lines: 2, 7, A, B, F, 1, 3, E

Trains

Babylon Branch
Harlem
Port Jefferson Branch
Ronkoma Branch
PATH

Nearest Stations

The closest subway station is 33rd Street, approximately an 8-minute walk from the address.

Nearby Bus Stops

W 37 St/Broadway - 2 min walk
37th St & 6th Ave Westsider - 3 min walk
6 Av/W 38 St - 3 min walk
6 Av/W 37 St - 3 min walk
6 Av/W 36 St - 4 min walk
W 40th St & 6th Ave - 4 min walk
6th Ave & W 40th St - 4 min walk
7 Av/W 37 St - 4 min walk
6 Av/W 35 St - 5 min walk
6 Av/W 40 St - 5 min walk

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