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Rent/Lease Office 42 W 38th St

$ / SF SF Monthly Rent
$ 40
2,200
$ 7,425
$ 38
2,600
$ 8,341

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
$ 102,708
Bryant Park & 6th Avenue $ 62
14,000
$ 71,750
Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 56
3,200
$ 14,800
Broadway & West 41st Street $ 56
4,700
$ 22,129
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
$ 30,600
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
$ 16,975
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
$ 8,525
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 $ 38
1,600
$ 5,066
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
$ 15,570
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 $ 47
2,000
$ 7,833
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1336 $ 775
Interior office/person $ 1350 $ 836 $ 525
Team Rooms $ 10100 $ 8086 $ 5025
Suites $ 20100 $ 12086 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 72
13,200
$ 79,200
Fifth Ave & West 38th Street $ 58
17,600
$ 85,066
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 $ 68
5,500
$ 30,937
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 $ 68
2,300
$ 12,937
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 42
7,500
$ 26,250
W 39th St & Eighth Avenue $ 42
7,700
$ 26,629
W 33rd St & Fifth Avenue $ 42
7,100
$ 24,850
Eighth Ave & West 35th Street $ 39
7,100
$ 23,075
Eighth Ave & W 35th Street $ 42
8,000
$ 27,666
W 37th St & Avenue of America $ 48
8,600
$ 34,041
Tenth Ave & West 37th Street $ 51
7,900
$ 33,575
W 36th St & 6th Avenue $ 46
9,600
$ 37,200
Broadway & West 38th Street $ 54
9,500
$ 42,750
Seventh Ave & West 37th Street $ 58
10,300
$ 49,354
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 $ 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 $ 48
1,900
$ 7,520
Broadway & West 38th Street $ 52
1,900
$ 8,233
7th Ave & Between 7th 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 & Between West 37th Street $ 35
2,000
$ 5,833
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 42
8,800
$ 30,433
W 39th St & Eighth Avenue $ 38
9,200
$ 28,750
Eighth Ave & West 36th Street $ 43
16,000
$ 57,333
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
$ 39,900
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 $ 36
2,300
$ 6,804
W 38th St & Eight Avenue $ 36
2,100
$ 6,380
W 39th St & Eighth Avenue $ 40
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 35th St & Between West 35th Street $ 36
2,100
$ 6,387
W 37th St & Ninth Avenue $ 37
1,900
$ 5,920
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 42 West 38th Street. This trend is projected to continue. Opportunities for subleases remain available at 42 West 38th Street and in the nearby Penn Plaza/Garment neighborhood.
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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.


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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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