Rent Office 48 West 38th Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 11,700 |
Negotiable |
| 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 | 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 |
$ 77,000 |
| Fifth Ave & West 38th Street | $ 56 | 17,600 |
$ 82,133 |
| Ninth Ave & Between Dyer Avenue | $ 128 | 9,400 |
$ 100,266 |
| 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 | $ 67 | 4,600 |
$ 25,683 |
| 2 & West 31st Street | $ 142 | 5,300 |
$ 62,716 |
| Fifth Ave & West 38th Street | $ 62 | 3,800 |
$ 19,791 |
| W 38th St & Avenue of the Americas | $ 58 | 3,500 |
$ 16,770 |
| W 37th St & Between 5th Avenue | $ 64 | 3,200 |
$ 17,066 |
| 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 |
$ 31,000 |
| W 39th St & Eight Avenue | $ 40 | 11,400 |
$ 38,000 |
| 7th Ave & Between 7th Avenue | $ 55 | 7,800 |
$ 35,750 |
| Seventh Ave & Sixtenth Street | $ 46 | 10,000 |
$ 38,333 |
| Eighth Ave & West 36th Street | $ 40 | 7,500 |
$ 25,000 |
| Eighth Ave & Between 8th Avenue | $ 40 | 7,900 |
$ 26,004 |
| W 36th St & Avenue of the Americas | $ 44 | 10,000 |
$ 36,250 |
| Broadway & West 32nd Street | $ 44 | 9,800 |
$ 35,525 |
| W 38th St & 5th Avenue | $ 62 | 7,500 |
$ 38,437 |
| Fifth Ave & West 34th Street | $ 48 | 7,400 |
$ 29,908 |
| Seventh Ave & West 35th Street | $ 60 | 9,300 |
$ 46,887 |
| Tenth Ave & West 37th Street | $ 49 | 7,900 |
$ 32,258 |
| W 33rd St & Fifth Avenue | $ 40 | 7,100 |
$ 23,666 |
| 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 |
$ 29,333 |
| W 35th St & Fifth Avenue | $ 41 | 8,200 |
$ 28,016 |
| Eighth Ave & West 36th Street | $ 42 | 16,000 |
$ 55,333 |
| Eighth Ave & West 39th Street | $ 40 | 11,400 |
$ 38,475 |
| Broadway & West 31st Street | $ 50 | 7,700 |
$ 31,762 |
| W 37th St & Eight Avenue | $ 46 | 10,000 |
$ 38,333 |
| W 35th St & Broadway | $ 36 | 7,700 |
$ 23,100 |
| W 37th St & Between West 36th Street | $ 38 | 7,200 |
$ 22,800 |
| W 39th St & Eighth Avenue | $ 36 | 9,200 |
$ 27,216 |
| W 36th St & Eighth Avenue | $ 29 | 9,500 |
$ 22,958 |
| W 36th St & Ninth Avenue | $ 36 | 8,500 |
$ 25,500 |
| 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 | $ 46 | 2,600 |
$ 9,966 |
| W 36th St & Between Broadway | $ 34 | 6,000 |
$ 17,250 |
| W 35th St & Seventh Avenue | $ 38 | 4,400 |
$ 13,933 |
| W 35th St & Between West 35th Street | $ 36 | 5,600 |
$ 16,800 |
| W 37th St & Ninth Avenue | $ 42 | 4,600 |
$ 16,057 |
| W 38th St & Between West 37th Street | $ 40 | 2,700 |
$ 9,112 |
| W 39th St & Fifth Avenue | $ 44 | 6,500 |
$ 24,104 |
| 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 |
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.
Lease 48 West 38th Street
Rent 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.
48 West 38th Street Amenities
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 at 48 West 38th Street
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.
48 West 38th Street Access
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.
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.