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Rent/Lease Office 42 W 38th St
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 40 | ||
| $ 35 |
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 |
| 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 |
| W 38th St & Eighth Avenue | $ 35 | 2,000 |
$ 5,833 |
| 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 42 W 38th St
Rent Retail 42 W 38th St
Rent Medical Space at 42 W 38th St
- The Ideal Fasteners Corporation leased 2,668 SF
- Spectrum Personal Comm… leased 1,950 SF
- GHC Facility Consultants Inc leased 1,050 SF
- L & D Textile Inc leased 1,500 SF
- N.G Slater Corporation leased 2,568 SF
- E Team Executive Search leased 1,833 SF
- Fine Design & Book Arts leased 2,500 SF
- First Flight USA leased 1,100 SF
- Frank Billanti Casting leased 1,432 SF
- Smart Age Solutions leased 2,327 SF
- J.C. Nova leased 3,600 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
42 West 38th Street Property Overview
| Building Address: | 42 W 38th St, New York NY 10018 |
| Building Alternate Address: | 42 W 38th St |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1916 |
| Building Class: | B |
| Block & lot: | 00839-0070 |
42 West 38th Street is a notable landmark located in the heart of Manhattan's Midtown area, specifically within the Garment District. The building was completed in 1916, reflecting a mix of historical charm and modern functionality. It stands 12 stories tall and is classified as an Office with Commercial property.
The structure is part of a vibrant neighborhood, positioned near major transportation hubs like Grand Central Terminal and Penn Station, ensuring excellent accessibility for commuters. Its proximity to Fifth Avenue and Bryant Park adds to its appeal, providing a blend of urban convenience and tranquil escapes in one of the city's bustling business districts.
Over the years, the building has undergone renovations, with the last significant alteration recorded in 1989. It offers substantial commercial space, catering to a diverse range of industries, including technology, real estate, and legal services. The building's market value is substantial, reflecting its prime location and historical significance in Manhattan.
42 West 38th Street is a 12-story commercial building located in the heart of Manhattan's Garment District, New York City. The building was constructed in 1916 and features 24/7 doorman access and natural light throughout its spaces. It boasts a diverse tenant mix, with industries ranging from technology to beauty and legal services. Strategically situated just off Fifth Avenue, it offers easy access to major transportation hubs such as Penn Station and Grand Central Terminal.
Its proximity to Bryant Park provides a serene oasis amidst the bustling city, making it an ideal location for businesses seeking central office space with convenient amenities. The building is close to renowned restaurants and major subway lines, enhancing its appeal from both a business and lifestyle perspective.
Amenities at 42 West 38th Street, Manhattan, NYC
- 24/7 Attended Lobby providing security and assistance around the clock
- Class B Building standard ensuring a quality commercial environment
- Built Offices with large windowed spaces offering natural light and pleasant views
- Freight Elevator facilitating easy movement of goods and equipment
- Excellent natural light from multiple windowed offices
- Convenient access to major transportation hubs including Penn Station, Grand Central Terminal, and Port Authority Bus Terminal
- Proximity to numerous subway lines enabling easy commuting
- Air Conditioning for climate control within office spaces
- Turnkey spaces available, with options including storage rooms and bullpen areas designed for multiple cubicles
- Located near Bryant Park providing a nearby green oasis and cultural events
- Secure building access with modern mechanical systems, ensuring comfort and safety
Office Tenants Rented / Leased at 42 W 38th St, Manhattan, NYC
42 West 38th Street is a 12-story commercial office building in Midtown South, part of Manhattan's Garment District, with a total of approximately 64,365 square feet of office space. The building hosts a diverse array of tenants across various industries including technology, accounting, real estate, architecture, legal, and beauty sectors.
Notable tenants in the building include:
- Smart Age Solutions
- Allegiance Protection Group
- ICCS & Co., LLC
- Frank (full name not specified)
The building offers multiple office spaces for lease, ranging in size from approximately 1,400 to over 2,200 square feet, with features such as:
- 24/7 building access with doorman
- Tenant-controlled air conditioning
- Natural light with many windowed offices
- Class B building amenities including freight elevators and attended lobby
- Proximity to major transportation hubs like Penn Station, Grand Central Terminal, and multiple subway lines (A, C, E, N, Q, R, W, S, 4, 6)
Several office units currently leased or available include:
| Unit | Size (SF) | Office Type | Features |
|---|---|---|---|
| 1201 | 1,671 | Traditional, Executive, Coworking, Medical, Creative Office | 2 offices, tenant controlled A/C, lots of windows and natural light |
| 1001 | 2,201 | Traditional, Executive, Coworking, Medical, Creative Office | Spacious traditional office layout |
| 402 | 1,416 | Traditional, Executive, Coworking, Medical, Creative Office | Open space, 2 offices, natural light |
| 1204 | 1,400 | Traditional, Executive, Coworking, Medical, Creative Office | 4 offices, tenant controlled A/C, natural light |
The building has a 24/7 attended lobby, freight elevator, and offers easy access to nearby amenities and transportation options, making it a desirable location for a broad range of office tenants.
Internet Providers at 42 W 38th St, Manhattan, NYC
The following internet service providers offer coverage and plans suitable for the building at 42 West 38th Street in Manhattan, NYC:
Spectrum
Spectrum provides cable and fiber services with download speeds up to 1 Gbps. They offer plans without data caps and have ubiquitous coverage in Manhattan, including Penn Plaza where 42 W 38th St is located.
Verizon
Verizon offers high-speed fiber-optic internet services with speeds up to 2.3 Gbps and 5G Internet options. Verizon's fiber coverage includes most of Manhattan, providing reliable and fast internet access.
RCN (Astound Broadband)
RCN, now known as Astound Broadband, offers cable and fiber connectivity with speeds up to 1.5 Gbps. Their fiber network covers much of Manhattan, including the Midtown area around 42 W 38th St.
Transportation near 42 W 38th St, Manhattan, NYC
Subway Stations (all within 8 minutes walking distance)
- 42nd Street–Bryant Park (B, D, F, M)
- Times Square–42nd Street (1, 2, 3, 7, N, Q, R, W, S)
- 34th Street–Penn Station (1, 2, 3, A, C, E)
- 33rd Street (6)
- 34th Street–Herald Square (B, D, F, M, N, Q, R, W)
- 5th Avenue (7)
Bus Stops Nearby
- West 37th Street & Broadway – 4 min walk
- West 40th Street & 8th Avenue – 5 min walk
- Lincoln Tunnel Approach – 3 min walk
- Port Authority Bus Terminal – 3-5 min walk
- West 40th Street & 9th Avenue – 3 min walk
- 6th Avenue & West 38th Street – 3 min walk
- West 37th Street & Broadway – 4 min walk
Major Transit Hubs Accessible Nearby
- Penn Station: Serving Amtrak, Long Island Rail Road (LIRR), New Jersey Transit, PATH trains, and multiple subway lines
- Grand Central Terminal: Metro-North Railroad and several subway lines
- Port Authority Bus Terminal: Key regional bus terminal with access to numerous bus routes
Subway Lines Serving the Area
1, 2, 3, 6, 7, A, B, C, D, E, F, M, N, Q, R, W, S (Shuttle)
Bus Lines Serving Near 42 W 38th St
108, 119, 158, 160, 320, BM2, BM3, BXM4, M5, M11, M20, M34A-SBS, SIM30
Cross Streets
42 West 38th Street is located just off Fifth Avenue, between 5th Avenue and 6th Avenue (Avenue of the Americas), near Broadway. Nearby notable cross streets include West 37th Street, West 38th Street, West 40th Street, and West 42nd Street.
- The Ideal Fasteners Corporation leased 2,668 SF
- Spectrum Personal Comm… leased 1,950 SF
- GHC Facility Consultants Inc leased 1,050 SF
- L & D Textile Inc leased 1,500 SF
- N.G Slater Corporation leased 2,568 SF
- E Team Executive Search leased 1,833 SF
- Fine Design & Book Arts leased 2,500 SF
- First Flight USA leased 1,100 SF
- Frank Billanti Casting leased 1,432 SF
- Smart Age Solutions leased 2,327 SF
- J.C. Nova leased 3,600 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
Vaultus Professional Service Testimonial
To whom it may concern:
I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space.
The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent.
I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely,
Joseph J. Tutrone
Vice President
Vaultus Professional Service
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.