Rent Office 38-40 West 32nd Street
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|
| Tipo di spazio | Classe A/mese | Classe B/mese | Classe C/mese |
|---|---|---|---|
| Ufficio con finestra/persona | |||
| Ufficio interno/persona | |||
| Sale per team | |||
| Suite |
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 | $ 73 | 8,500 |
$ 51,708 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 66 | 5,500 |
$ 30,020 |
| W 38th St & Avenue of the Americas | $ 57 | 3,500 |
$ 16,625 |
| Broadway & West 41st Street | $ 66 | 6,800 |
$ 37,683 |
| Broadway & West 36th Street | $ 66 | 4,600 |
$ 25,491 |
| 2 & West 31st Street | $ 142 | 5,300 |
$ 62,495 |
| Fifth Ave & West 38th Street | $ 62 | 3,800 |
$ 19,633 |
| 1 Plz & West 33rd Street | $ 105 | 3,200 |
$ 28,000 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 37th Street | $ 66 | 2,300 |
$ 12,554 |
| 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 | $ 40 | 7,100 |
$ 23,666 |
| Eighth Ave & W 35th Street | $ 41 | 8,000 |
$ 27,333 |
| W 37th St & Avenue of America | $ 48 | 8,600 |
$ 34,041 |
| Tenth Ave & West 37th Street | $ 50 | 7,900 |
$ 33,245 |
| W 36th St & 6th Avenue | $ 45 | 9,600 |
$ 36,000 |
| 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 | $ 30 | 4,400 |
$ 11,000 |
| Eighth Ave & West 36th Street | $ 37 | 4,700 |
$ 14,491 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 36th Street | $ 40 | 2,200 |
$ 7,333 |
| 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 |
$ 8,158 |
| W 40th St & Eighth Avenue | $ 46 | 1,900 |
$ 7,204 |
| Broadway & West 38th Street | $ 50 | 1,900 |
$ 7,916 |
| 7th Ave & Between 7th Avenue | $ 55 | 1,600 |
$ 7,333 |
| Avenue of the Americas & West 39th Street | $ 61 | 2,300 |
$ 11,691 |
| Avenue of the Americas & West 31st Street | $ 77 | 2,400 |
$ 15,400 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 42 | 8,800 |
$ 30,433 |
| W 39th St & Eighth Avenue | $ 37 | 9,200 |
$ 28,366 |
| Eighth Ave & West 36th Street | $ 43 | 16,000 |
$ 57,333 |
| W 35th St & Seventh Avenue | $ 36 | 7,600 |
$ 22,800 |
| W 35th St & Between West 35th Street | $ 35 | 7,300 |
$ 21,291 |
| Eighth Ave & West 39th Street | $ 42 | 11,400 |
$ 39,900 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 41 | 3,900 |
$ 13,325 |
| W 35th St & Eighth Avenue | $ 34 | 3,300 |
$ 9,487 |
| Seventh Ave & West 30th Street | $ 35 | 3,800 |
$ 11,083 |
| W 38th St & Between West 37th Street | $ 40 | 2,700 |
$ 9,000 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Seventh Avenue | $ 34 | 2,300 |
$ 6,420 |
| W 38th St & Eight Avenue | $ 37 | 2,100 |
$ 6,468 |
| W 39th St & Eighth Avenue | $ 38 | 1,600 |
$ 5,000 |
| Eighth Ave & West 36th Street | $ 38 | 1,600 |
$ 5,066 |
| W 35th St & Between West 35th Street | $ 34 | 2,100 |
$ 6,037 |
| W 37th St & Ninth Avenue | $ 37 | 1,900 |
$ 5,920 |
Strategically positioned within the vibrant Koreatown corridor, 38-40 West 32nd Street represents a high-value opportunity for occupiers and investors seeking a foothold in Manhattan’s resilient NoMad-adjacent submarket. From a brokerage perspective, the property’s boutique floor plates and historic architectural character are major drivers for creative and professional firms that prioritize proximity to Penn Station and Herald Square transit hubs. Given the sustained demand for well-connected, mid-block office assets in this high-traffic district, we advise clients that this location offers exceptional long-term stability and significant upside potential within the evolving Midtown South commercial landscape.
Lease 38-40 West 32nd Street
Rent 38-40 West 32nd Street Property Overview
| Building Address: | 38-40 W 32nd St, New York NY 10001 |
| Building Alternate Address: | 38-40 W 32nd St |
| Zip Code: | 10001 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1915 |
| Building Class: | C |
| Block & lot: | 00833-0018 |
38-40 West 32nd Street: A Legacy of Midtown South Commerce
Located in the heart of Manhattan’s vibrant Koreatown, 38-40 West 32nd Street stands as a testament to New York City’s architectural evolution and industrial resilience. Originally known as part of the broader development that reshaped Midtown South during the early 20th century, this building represents the transition of 32nd Street from a quiet residential enclave to a powerhouse of global commerce.
Architectural Heritage and Design
Constructed in approximately 1912, 38-40 West 32nd Street was designed during the height of the Neo-Renaissance movement. The building features a classic tri-partite facade composition, characteristic of the "Skyscraper Style" of the era. With its robust limestone and brick exterior, the structure was engineered to support the heavy machinery of the printing and garment industries that once dominated the district.
The ornate detailing near the cornice and the expansive window bays were intentional design choices, meant to flood the deep floor plates with natural light—a necessity for craftsmen and wholesalers before the widespread use of high-intensity electric lighting.
The Industrial Transformation
At the turn of the century, this section of Manhattan underwent a massive rezoning as the city moved northward. 38-40 West 32nd Street served as a vital hub for the Garment District’s expansion. Throughout the mid-20th century, the building housed various textile manufacturers, millinery shops, and import-export businesses that capitalized on the building’s proximity to both Pennsylvania Station and the burgeoning subway system.
From the "Toy District" to Koreatown
In the post-WWII era, the neighborhood surrounding 32nd Street evolved into what was then known as the "Toy District," where many commercial lofts were used as showrooms for domestic toy manufacturers. However, the most significant cultural shift occurred in the late 1970s and 1980s. A wave of Korean entrepreneurs established a foothold in the area, transforming 32nd Street into "Korea Way."
38-40 West 32nd Street became a centerpiece of this revitalization. The building’s flexible floor plans allowed it to adapt to a new generation of tenants, ranging from professional services and creative studios to the specialized retail and hospitality businesses that define the district today.
Modern Commercial Significance
Today, 38-40 West 32nd Street offers a unique blend of historic character and modern functionality. The high ceilings, exposed structural elements, and large windows that once served 1920s manufacturers now provide the "industrial chic" aesthetic highly sought after by tech firms, advertising agencies, and architectural practices.
Positioned within one of the most densely packed transit hubs in the world, the building continues to be a strategic asset for businesses requiring a prestigious Manhattan address with unparalleled accessibility to the PATH, Amtrak, and the N, R, Q, W, B, D, F, and M subway lines.
Summary of Building Features
- Built: Circa 1912
- Style: Neo-Renaissance Commercial Loft
- Neighborhood: Midtown South / Koreatown
- Historical Context: Transitioned from Garment/Toy District hub to a premier multi-use commercial destination.
Prime Office Space at 38-40 West 32nd Street: Elevate Your Business in Midtown Manhattan
Discover the strategic advantage of 38-40 West 32nd Street, a premier commercial destination situated in the vibrant heart of Manhattan. Located in the dynamic Koreatown submarket of Midtown South, this building offers businesses an unparalleled opportunity to establish a presence in one of New York City’s most energetic and accessible neighborhoods.
Strategic Location & Connectivity
Success in Manhattan commercial real estate is defined by accessibility, and 38-40 West 32nd Street delivers on every front. Positioned between Broadway and Fifth Avenue, the building provides immediate access to major transit hubs, ensuring a seamless commute for your team and convenient access for clients.
- Unmatched Transit: Just steps away from the B, D, F, M, N, Q, R, and W subway lines at Herald Square, and a short walk to the 1, 2, 3 lines and PATH at Penn Station.
- Midtown South Synergy: Join a thriving community of tech startups, creative agencies, and established professional firms that define the innovation corridor of Midtown South.
- Neighborhood Amenities: Surrounded by world-class dining, retail flagship stores at Herald Square, and essential business services.
Building Features & Professional Environment
38-40 West 32nd Street combines classic New York architecture with the functional requirements of modern commerce. The building is designed to support a variety of professional uses, from boutique creative studios to traditional corporate offices.
- Versatile Floor Plates: Adaptable layouts that can be customized to support collaborative open-plan designs or private executive suites.
- Architectural Character: High ceilings and large windows provide ample natural light, creating a productive and inviting work environment.
- Professional Management: A well-maintained commercial environment that projects a sophisticated image for your brand.
Why Choose 38-40 West 32nd Street for Your Next Office?
Selecting the right Manhattan office space is a critical business decision. This location offers the rare combination of high-density foot traffic and professional prestige. Whether you are expanding your footprint or relocating to a more central hub, 38-40 W 32nd St provides the infrastructure necessary for long-term growth.
Our expert commercial real estate brokers specialize in navigating the complexities of the NYC market. We provide data-driven insights to help you secure a space that aligns with your operational goals and budgetary requirements.
Schedule a Private Consultation
The Manhattan commercial market moves quickly. To explore available floor plans, discuss market rates, and evaluate how 38-40 West 32nd Street fits your business trajectory, contact our brokerage team today. We offer comprehensive representation to ensure you secure the most competitive terms in the current market.
Request Market Data & Building Insights
Inquire today for a detailed analysis of available spaces and current incentives at 38-40 West 32nd Street.
38-40 West 32nd Street Amenities
Premier Building Amenities at 38-40 West 32nd Street, Manhattan
Discover the perfect synergy of historic architectural character and modern commercial functionality at 38-40 West 32nd Street. Situated in the heart of Midtown South’s vibrant Koreatown, this boutique office building offers a sophisticated environment designed to meet the demands of New York City’s diverse business landscape.
High-Performance Building Features
- 24/7 Secure Access: Round-the-clock building entry ensures maximum flexibility for international operations, creative agencies, and firms with non-traditional working hours.
- Attended Lobby: A professional and secure lobby presence provides a welcoming experience for clients and efficient visitor management.
- Modernized Vertical Transportation: High-speed, renovated elevator systems provide rapid and reliable access to all floors, minimizing transition times.
- Advanced Telecommunications: The building is equipped with high-capacity fiber-optic wiring to support data-intensive industries, ensuring seamless connectivity and high-speed internet performance.
Exceptional Work Environments
- Abundant Natural Light: Large perimeter windows allow for significant natural light penetration, creating an energized and productive atmosphere for employees.
- Versatile Floor Plates: The building’s structural layout allows for flexible configurations, accommodating everything from open-concept creative bullpens to traditional private office suites.
- Updated HVAC Infrastructure: Efficient climate control systems ensure tenant comfort throughout the changing seasons of Manhattan.
- High Ceilings: The classic architectural design provides generous ceiling heights, enhancing the sense of space and prestige within each unit.
Strategic Location & Transit Connectivity
Positioned within one of Manhattan’s most accessible transit corridors, 38-40 West 32nd Street offers an unparalleled commute for talent located across the tri-state area.
- Unmatched Transit Access: Seconds away from the 34th Street-Herald Square hub (B, D, F, M, N, Q, R, W lines) and a short walk to Penn Station (LIRR, NJ Transit, Amtrak, and the 1, 2, 3, A, C, E subway lines).
- PATH Train Proximity: Direct access to the PATH train makes this a premier location for businesses with a workforce commuting from New Jersey.
- Neighborhood Lifestyle: Located in the epicenter of NYC's culinary and retail scene, surrounded by world-class dining, boutique hotels, and essential business services that enhance the work-life balance of your team.
Elevate Your Professional Presence
38-40 West 32nd Street represents a unique opportunity to secure a strategic foothold in a high-demand Midtown Manhattan submarket. Whether you are an established firm or a growing tech startup, this building provides the infrastructure and prestige necessary to scale your operations in New York City.
Experience the advantages of this premier commercial location firsthand. Inquire today to schedule a private tour of the building’s features and available spaces.
38-40 West 32nd Street: A Hub for Manhattan’s Growing Professional Community
Located in the vibrant heart of Midtown South, 38-40 West 32nd Street stands as a premier destination for businesses seeking a strategic foothold in Manhattan. This pre-war architectural gem has successfully transitioned into a modern hub, attracting a diverse array of high-value tenants ranging from creative agencies to established professional services.
Recent Leasing Trends in the Koreatown Office Market
The leasing velocity at 38-40 West 32nd Street reflects a broader trend in the NYC office market: the flight to quality and convenience. Over the past several quarters, the building has seen significant absorption of loft-style office suites. Tenants are consistently drawn to the building’s unique combination of high ceilings, oversized windows, and modernized infrastructure that meets the demands of today’s tech-heavy operations.
Why Leading Firms Choose 38-40 W 32nd St
Companies relocating to this corridor prioritize accessibility and local amenities. The building’s proximity to major transit hubs ensures seamless commutes for a diverse workforce, while the surrounding neighborhood offers an unparalleled selection of dining and retail options that enhance the employee experience.
- Unmatched Connectivity: Immediate access to the B, D, F, M, N, Q, R, and W subway lines at Herald Square, plus proximity to PATH trains and Penn Station.
- Dynamic Work Environments: Large floor plates and flexible layouts that accommodate both collaborative open-office plans and private executive suites.
- Premier Management: Recent capital improvements to the lobby and elevators have solidified the building’s status as a top-tier choice for discerning tenants.
Tenant Ecosystem and Industry Diversity
The tenant roster at 38-40 West 32nd Street is a testament to the building's versatility. By hosting a mix of industries, the building fosters a professional ecosystem that encourages networking and business growth. Current leaseholders represent sectors including:
- Technology and Software Development
- Fashion and Showroom Logistics
- Architectural and Design Firms
- Healthcare and Wellness Practitioners
- Legal and Financial Advisory Services
Secure Your Space in a High-Demand Corridor
As the Manhattan office market continues to evolve, 38-40 West 32nd Street remains a cornerstone for businesses looking to capitalize on a Midtown South presence. Understanding the leasing landscape and the specific requirements of the local zoning and building codes is essential for any firm looking to establish or expand their footprint in this high-demand area.
Our brokerage team provides comprehensive market analysis and tenant representation to help you navigate the complexities of the NYC commercial real estate market. Position your business among the successful firms already calling 38-40 West 32nd Street home.
Internet at 38-40 West 32nd Street
38-40 W 32nd St: High-Speed Internet & Connectivity Guide
In the competitive landscape of Manhattan’s Midtown South and Koreatown, digital infrastructure is as critical as physical square footage. For businesses operating out of 38-40 West 32nd Street, the building's robust telecommunications framework offers a significant competitive advantage. This guide outlines the connectivity options available to help firms secure reliable, high-bandwidth services essential for modern operations.
Available Internet Service Providers (ISPs) at 38-40 W 32nd St
The building is equipped with a diverse range of fiber-optic and copper-based providers, ensuring that tenants have access to high-speed data, VoIP services, and cloud-ready infrastructure. Primary providers serving the address include:
- Verizon Fios: High-speed fiber-to-the-premises offering symmetrical upload and download speeds.
- Spectrum Business: Diverse cable and fiber solutions for small to mid-sized enterprises.
- Pilot Fiber: Specialized high-capacity fiber known for low latency and dedicated bandwidth.
- Cogent Communications: Tier 1 internet service provider offering dedicated internet access (DIA).
- Altice / Lightpath: Managed Ethernet and high-performance data networking services.
Key Connectivity Features for Commercial Tenants
Choosing a suite at 38-40 W 32nd Street provides more than just a prime location; it provides the backbone for digital growth. Key technical highlights include:
- Fiber Redundancy: Multiple points of entry for fiber providers reduce the risk of downtime through carrier diversity.
- Vertical Distribution: Efficient risers allow for seamless installation of new circuits from the basement to upper-floor suites.
- Fixed Wireless Options: Clear line-of-sight availability for microwave/fixed wireless backup systems to ensure 99.99% uptime.
- Scalable Bandwidth: Infrastructure capable of supporting 10Gbps+ requirements for tech-heavy industries.
The Strategic Advantage of 38-40 West 32nd Street
Located in the heart of NYC's tech corridor, this building serves as a hub for creative agencies, tech startups, and professional services that require uninterrupted connectivity. The proximity to major carrier hotels in Manhattan ensures that latency is minimized, making it an ideal environment for data-intensive applications, video conferencing, and large-scale cloud synchronization.
Evaluate Your Commercial Real Estate Tech Needs
Selecting the right office space involves more than a floor plan; it requires a deep dive into the building’s ability to support your IT requirements. Identifying the exact availability of ports, dark fiber, or specific ISP hubs within the building is a crucial step in the site selection process. Commercial brokers specializing in the Manhattan market can facilitate technical walkthroughs and assist in evaluating how 38-40 W 32nd St aligns with your company’s long-term digital strategy.
38-40 West 32nd Street Access
Strategic Commercial Real Estate at 38-40 West 32nd Street
Located in the heart of Midtown South, 38-40 West 32nd Street offers a premier business address for companies seeking a high-visibility location in one of Manhattan's most dynamic commercial corridors. This architecturally significant building sits within the vibrant Koreatown neighborhood, providing a central hub for innovation, commerce, and professional services.
Prime Midtown South Location and Cross Streets
38-40 West 32nd Street is perfectly situated on the south side of West 32nd Street, positioned between Broadway and Fifth Avenue. This strategic placement puts businesses at the intersection of NoMad and the Garment District, offering immediate access to the retail energy of Herald Square and the upscale professional environment of the Fifth Avenue corridor.
Unmatched Transit Connectivity
Accessibility is a cornerstone of this location, making it an ideal choice for firms with a commuting workforce or those requiring frequent client visits. The building is served by a comprehensive network of public transportation options:
- Subway Access: Just steps away from the 34th Street-Herald Square station, providing access to the B, D, F, M, N, Q, R, and W lines.
- PATH Train: The 33rd Street PATH station is less than two blocks away, offering direct service to Hoboken and Jersey City.
- Commuter Rail: A short walk to Penn Station provides nationwide travel via Amtrak and regional commutes through Long Island Rail Road (LIRR) and NJ Transit.
- Grand Central Terminal: Accessible via a quick subway transfer or a brisk walk, connecting the office to Metro-North Railroad lines.
- Bus Routes: Proximity to major north-south avenues offers access to the M1, M2, M3, M5, and M7 bus lines, along with the M34 Select Bus Service for crosstown travel.
The Professional Environment of 32nd Street
Establishing a presence at 38-40 West 32nd Street places your business in a transit-oriented district characterized by high foot traffic and exceptional local amenities. The surrounding area is renowned for its diverse culinary scene, boutique hotels, and proximity to major landmarks such as the Empire State Building and Madison Square Garden. This neighborhood synergy creates a compelling environment for employee retention and business growth in the Manhattan market.
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.