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Rent Office 48 West 38th Street

$ / SF SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Bryant Park & 6th Avenue $ 60
14,000
$ 70,000
Penn Plaza & West 33rd Street $ 42
29,000
$ 100,291
Broadway & West 36th Street $ 48
11,700
$ 46,800
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 40th St & Between West 39th Street $ 38
15,100
$ 47,816
W 37th St & Avenue of America $ 34
10,200
$ 29,325
W 37th St & 6th Avenue $ 34
11,400
$ 31,825
Broadway & West 37th Street $ 42
11,100
$ 38,850
Ninth Ave & West 34th Street $ 35
24,600
$ 71,750
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between 5th Avenue $ 50
3,200
$ 13,333
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
Address $ / SF SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 46
2,200
$ 8,525
W 36th St & Between 8th Avenue $ 38
1,600
$ 5,066
Address $ / SF SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eight Avenue $ 33
7,800
$ 21,450
W 30th St & Between West 30th Street $ 30
7,100
$ 17,750
W 35th St & Between West 35th Street $ 33
7,500
$ 20,625
Address $ / SF SF Monthly Rent
Broadway & West 32nd Street $ 46
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Between West 30th Street $ 33
5,000
$ 13,750
Penn Plaza & West 30th Street $ 48
2,500
$ 10,000
W 36th St & Eight Avenue $ 36
6,000
$ 17,750
W 35th St & Between West 35th Street $ 36
5,300
$ 15,679
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 37th St & Seventh Avenue $ 30
6,800
$ 17,000
W 36th St & Eighth Avenue $ 50
3,700
$ 15,570
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
W 37th St & Eight Avenue $ 45
1,800
$ 6,750
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 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of America $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56
17,600
$ 82,866
Ninth Ave & Between Dyer Avenue $ 128
9,400
$ 100,658
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between 7th Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 66
4,600
$ 25,108
2 & West 31st Street $ 140
5,300
$ 62,054
W 40th St & Avenue of Americas $ 73
2,900
$ 17,641
Fifth Ave & West 38th Street $ 61
3,800
$ 19,316
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
W 37th St & Between 5th Avenue $ 62
3,200
$ 16,666
Broadway & West 37th Street $ 68
5,500
$ 30,937
Address $ / SF SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 68
2,300
$ 12,937
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of America $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40
9,300
$ 31,387
W 39th St & Eight Avenue $ 40
11,400
$ 38,475
7th Ave & Between 7th Avenue $ 56
7,800
$ 36,075
Seventh Ave & Sixtenth Street $ 46
10,000
$ 38,750
Eighth Ave & West 36th Street $ 40
7,500
$ 25,312
Eighth Ave & Between 8th Avenue $ 40
7,900
$ 26,333
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,666
Broadway & West 32nd Street $ 44
9,800
$ 35,933
W 38th St & 5th Avenue $ 62
7,500
$ 38,750
Fifth Ave & West 34th Street $ 49
7,400
$ 30,216
Seventh Ave & West 35th Street $ 61
9,300
$ 47,275
Tenth Ave & West 37th Street $ 50
7,900
$ 32,587
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,962
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eight Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between 8th Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Between West 36th Street $ 35
1,600
$ 4,666
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Seventh Ave & West 40 Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of America $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 34th St & Avenue of America $ 45
2,000
$ 7,500
7th Ave & Between 7th Avenue $ 57
1,600
$ 7,600
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & twentieth Road $ 39
8,100
$ 26,325
W 35th St & Seventh Avenue $ 40
8,800
$ 29,700
W 35th St & Fifth Avenue $ 42
8,200
$ 28,358
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
Broadway & West 31st Street $ 50
7,700
$ 32,083
W 37th St & Eight Avenue $ 46
10,000
$ 38,750
W 35th St & Broadway $ 36
7,700
$ 23,420
W 37th St & Between West 36th Street $ 38
7,200
$ 23,100
W 39th St & Eighth Avenue $ 36
9,200
$ 27,600
W 36th St & Eighth Avenue $ 30
9,500
$ 23,354
W 36th St & Ninth Avenue $ 36
8,500
$ 25,854
Address $ / SF SF Monthly Rent
W 40th St & Eight Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 35th St & Eighth Avenue $ 32
3,400
$ 9,066
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 44
2,600
$ 9,641
W 36th St & Between Broadway $ 33
6,000
$ 16,500
W 35th St & Seventh Avenue $ 36
4,400
$ 13,383
W 35th St & Between West 35th Street $ 34
5,600
$ 16,100
W 37th St & Ninth Avenue $ 40
4,600
$ 15,482
W 38th St & Between West 37th Street $ 39
2,700
$ 8,775
W 39th St & Fifth Avenue $ 43
6,500
$ 23,291
Address $ / SF SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 37th St & Eight Avenue $ 35
2,400
$ 7,000
W 39th St & Between West 39th Street $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 36
2,300
$ 6,804
W 32nd St & Ninth Avenue $ 50
1,800
$ 7,500
W 35th St & Between West 35th Street $ 36
2,100
$ 6,387

Retail Spaces for Rent at 48 W 38th St

Rent Retail 48 W 38th St

Rent Medical Space at 48 W 38th St

Office Tenants Rented / Leased 48 West 38th Street
  • BeenVerified leased 12,000 SF
  • Fabrique Innovations leased 10,000 SF
  • United Legwear Co. leased 10,000 SF
  • Wonder Sources, Inc. leased 5,000 SF
  • Twentyfirst Group leased 10,000 SF
  • Pro Player leased 1,000 SF
  • Intimates Online Inc leased 0 SF
  • Vintus leased 11,668 SF
  • Gelmart Industries Inc leased 6,000 SF
Nearby Office Tenants Leased
  • Cach leased 43,050 SF at 256 West 38th St
  • BBDO leased 41,000 SF at 1375 Broadway
  • Oce Business Services leased 41,000 SF at 460 West 34th St
  • Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
  • Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
  • Gina Group leased 36,102 SF at 10 West 33rd Street
  • The Oved Group leased 35,800 SF at 31 West 34th St
  • Knotel leased 35,286 SF at 22 West 38th Street
  • Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
  • Primary leased 31,083 SF at 251 West 30th Street
Nearby Retail Tenants Leased
  • Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
  • GameStop leased 4,000 SF at 50 West 34th St
  • Amici 36 leased 4,000 SF at 519 Eighth Ave
  • Apparel Trading International leased 4,000 SF at 149 West 36th St
  • J.C. Nova leased 3,600 SF at 42 West 38th St
  • Consulate General of Honduras leased 3,500 SF at 255 West 36th St
  • Wasabi leased 3,400 SF at 561 Seventh Ave
  • PYA Importer leased 3,195 SF at 35 West 36th Street
  • Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
  • Neutral Ground leased 3,000 SF at 15 West 37th St
$ / SF SF Monthly Rent
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Tenant Broker’s Perspective:

Strategically positioned in the heart of Midtown South, 48 West 38th Street represents a premier opportunity for businesses seeking high-visibility boutique office space within Manhattan’s most resilient commercial corridor. This asset benefits from exceptional transit connectivity near Bryant Park and Penn Station, making it an ideal hub for creative and tech-oriented firms looking to capitalize on the Garment District’s ongoing revitalization. From a brokerage perspective, the property’s combination of historic architectural character and central accessibility offers long-term value and high tenant retention potential in a competitive NYC real estate market.

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48 West 38th Street Property Overview

Building Address: 48 W 38th St, New York NY 10018
Building Name: The Lidman Building
Building Alternate Address: 48 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:0
Year Built:1912
Building Class:C
Block & lot:00839-0073

48 West 38th Street, located in Manhattan's Midtown Garment District, is a 12-story office building completed in 1912. The building features approximately 120,000 square feet of office and commercial space. It has a long-standing presence in New York City's architectural landscape, reflecting early 20th-century commercial building design typical of the era.

Over more than a century of use, the building has undergone modifications, including last recorded alterations in 1983, maintaining its relevance as a commercial office property. Its location is conveniently positioned just a few blocks from Grand Central Station and Bryant Park, making it a well-situated landmark within the Midtown area.

The building is known as The Lidman Building and offers amenities such as hardwood floors and efficient floor plates suitable for office tenants. Its historical value is underscored by the enduring role it has played in New York City's evolving urban fabric, contributing to the commercial vibrancy of West 38th Street.

48 West 38th Street, also known as The Lidman Building, is located in the Garment District of Manhattan, New York City. The property was built in 1912 and is a 12-story office building. Its total size is approximately 143,057 square feet, situated on a 0.24-acre lot. The building offers a mix of historical and modern amenities, including proximity to Grand Central Station and Bryant Park.


Amenities - 48 West 38th Street, Manhattan, NYC

  • Located between Fifth and Sixth Avenues, near Bryant Park and Grand Central Station
  • Access to public transportation including bus lines and metro/subway
  • Air conditioning throughout the building
  • 12-story office building built in 1912 with pre-war architectural features
  • Hardwood wood floors and beautiful pre-war bones
  • Efficient side core floor plate layout for office spaces
  • New windows on some floors providing good natural light
  • Lounge areas and multiple conference rooms (12-person and 6-person)
  • Private offices, built-in phone rooms, and workstation areas
  • Renovated and manned lobby with stable long-term ownership
  • Highly walkable location with Walk Score 98 and Transit Score 100
  • Strong connectivity to major NYC hubs and proximity to world-renowned restaurants

Office Tenants at 48 West 38th Street, Manhattan, NYC

The Lidman Building at 48 West 38th Street in Manhattan is a multi-tenant office building with a total building size of approximately 128,668 to 143,057 square feet, built in 1912. It offers office spaces including an entire 12th floor with 11,668 square feet available. The building hosts a variety of tenants from diverse industries, though specific tenant details are generally not publicly listed.

The building includes amenities such as conference rooms, built-in phone rooms, lounge areas, and hardwood floors. It is located in the Garment District neighborhood, close to major transit hubs like Grand Central Station and Bryant Park, offering convenient access to dining, lodging, and public transportation options.

Some notable tenants identified include companies like The Lifetime Value Co., Gelmart, James E Fitzgerald, and Vintus Wines among others, reflecting a varied tenant base.


Internet Providers at 48 W 38th St, Manhattan, NYC

The building at 48 West 38th Street, known as The Lidman Building, is served by several internet providers offering a range of high-speed options:

  • Verizon: Fiber internet with speeds ranging from 10 Mbps up to 1,000 Mbps, providing fast and reliable connectivity suitable for various residential and business needs.
  • Earthlink: Fiber internet services available, offering competitive speeds and stable connections.

In addition to these, Manhattan broadly has coverage from major providers such as:

  • Astound Broadband Powered by RCN: Cable and fiber services with speeds up to 1.5 Gbps, known for competitive pricing and unlimited data plans.
  • Spectrum: Cable and fiber internet offering speeds up to 1 Gbps with wide coverage throughout Manhattan.

Location: 48 W 38th St, New York, NY 10018

Cross Streets:
- 8th Avenue
- 9th Avenue

Public Transportation:

Subway: Nearby stations include:

  • 42nd Street – Bryant Park (B, D, F, M trains)
  • 34th Street – Herald Square (B, D, F trains)

Bus Stops:

  • 8 Av/W 37 St
  • 9 Av/W 40 St
  • W 40th St & 9th Ave
  • W 40th St & 8th Ave

Trains: Accessible via nearby Penn Station and PATH trains.

Office Tenants Rented / Leased 48 West 38th Street
  • BeenVerified leased 12,000 SF
  • Fabrique Innovations leased 10,000 SF
  • United Legwear Co. leased 10,000 SF
  • Wonder Sources, Inc. leased 5,000 SF
  • Twentyfirst Group leased 10,000 SF
  • Pro Player leased 1,000 SF
  • Intimates Online Inc leased 0 SF
  • Vintus leased 11,668 SF
  • Gelmart Industries Inc leased 6,000 SF

Nearby Office Tenants Leased
  • Cach leased 43,050 SF at 256 West 38th St
  • BBDO leased 41,000 SF at 1375 Broadway
  • Oce Business Services leased 41,000 SF at 460 West 34th St
  • Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
  • Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
  • Gina Group leased 36,102 SF at 10 West 33rd Street
  • The Oved Group leased 35,800 SF at 31 West 34th St
  • Knotel leased 35,286 SF at 22 West 38th Street
  • Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
  • Primary leased 31,083 SF at 251 West 30th Street

Nearby Retail Tenants Leased
  • Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
  • GameStop leased 4,000 SF at 50 West 34th St
  • Amici 36 leased 4,000 SF at 519 Eighth Ave
  • Apparel Trading International leased 4,000 SF at 149 West 36th St
  • J.C. Nova leased 3,600 SF at 42 West 38th St
  • Consulate General of Honduras leased 3,500 SF at 255 West 36th St
  • Wasabi leased 3,400 SF at 561 Seventh Ave
  • PYA Importer leased 3,195 SF at 35 West 36th Street
  • Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
  • Neutral Ground leased 3,000 SF at 15 West 37th St
Office Tenants Rented / Leased 48 West 38th Street
  • BeenVerified leased 12,000 SF
  • Fabrique Innovations leased 10,000 SF
  • United Legwear Co. leased 10,000 SF
  • Wonder Sources, Inc. leased 5,000 SF
  • Twentyfirst Group leased 10,000 SF
  • Pro Player leased 1,000 SF
  • Intimates Online Inc leased 0 SF
  • Vintus leased 11,668 SF
  • Gelmart Industries Inc leased 6,000 SF
Nearby Office Tenants Leased
  • Cach leased 43,050 SF at 256 West 38th St
  • BBDO leased 41,000 SF at 1375 Broadway
  • Oce Business Services leased 41,000 SF at 460 West 34th St
  • Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
  • Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
  • Gina Group leased 36,102 SF at 10 West 33rd Street
  • The Oved Group leased 35,800 SF at 31 West 34th St
  • Knotel leased 35,286 SF at 22 West 38th Street
  • Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
  • Primary leased 31,083 SF at 251 West 30th Street
Nearby Retail Tenants Leased
  • Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
  • GameStop leased 4,000 SF at 50 West 34th St
  • Amici 36 leased 4,000 SF at 519 Eighth Ave
  • Apparel Trading International leased 4,000 SF at 149 West 36th St
  • J.C. Nova leased 3,600 SF at 42 West 38th St
  • Consulate General of Honduras leased 3,500 SF at 255 West 36th St
  • Wasabi leased 3,400 SF at 561 Seventh Ave
  • PYA Importer leased 3,195 SF at 35 West 36th Street
  • Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
  • Neutral Ground leased 3,000 SF at 15 West 37th St

Sapphire Office Solutions Testimonial

Sapphire Office Solutions testimonial To Whom It May Concern: I am writing this letter of recommendation to acknowledge the outstanding job performed by Mr. Stephen Sunderland of Optimal Spaces, Incorporated, in regards to locating and executing a great sublease and direct lease extension. In addition to finding the sublease, Stephen also add a long term extension to our direct lease at a great price. We never would have completed this transaction without Stephen's persistency, expertise, and diligence. We attempted to work with other brokers prior to meeting Stephen (discovered Stephen from advertisement) and he was the only broker who listened to our needs and took us to spaces that fit all OUR requirements, not his. We would highly recommend Mr. Sunderland and his company without hesitation. Sincerely, Paul Holstein President
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
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