Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent Office 49 West 38th Street

$ / SF SF Monthly Rent
$ 47

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 49 W 38th St

Rent Retail 49 W 38th St

$ / SF SF Monthly Rent
$ 52.4
$ 52.4
$ 44.41

Rent Medical Space at 49 W 38th St

Office Tenants Rented / Leased 49 West 38th Street
  • Gannon Vitolo Contractin… leased 5,000 SF
  • Ivy Exec leased 1,000 SF
  • Ramapo For Children leased 5,000 SF
  • Walker Consultants leased 5,100 SF
  • Morrison Wagner Morrison leased 2,500 SF
  • Somiya Fashion leased 2,999 SF
  • Axomic leased 4,600 SF
  • Anik Pearson Architect leased 2,500 SF
  • Anik Architecture leased 2,500 SF
  • Ivy Exec Inc. leased 2,800 SF
Nearby Office Tenants Leased
  • 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
Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th 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
  • Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
  • 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
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective:

49 West 38th Street offers a strategic advantage for boutique firms seeking a high-identity Manhattan footprint with unparalleled transit connectivity. Situated in the heart of the Bryant Park submarket, this asset captures the quintessential Midtown South loft aesthetic, featuring high ceilings and flexible floor plates that appeal to creative and professional services alike. From a brokerage perspective, the property represents an optimal value play, providing tenants with premium proximity to major transit hubs and neighborhood amenities at a competitive price point compared to the neighboring Plaza District.

Find My Space!
49 West 38th Street nyc
Thank you! we will be in touch.

Before you go please fill:


Search all rental options at 49 W 38th St

49 West 38th Street Property Overview

Building Address: 49 W 38th St, New York NY 10018
Building Name: 49 West 38th Street
Building Alternate Address: 49 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:0
Year Built:1924
Building Class:C
Block & lot:00840-0013

49 West 38th Street, located in the vibrant Garment District of Manhattan, New York City, has a rich history dating back to its construction in 1924. This 16-story building, classified as an Office with Commercial 7-19 Stories (O6), houses both office and commercial spaces. It boasts a restored facade, new storefront, and modern lobby with uniformed security. The building offers excellent transportation access due to its proximity to major subway hubs.

The current tax assessor's market value of the property is $12,569,000. Over the years, the building's market value has fluctuated, reflecting broader economic trends. In recent years, the property taxes have also seen adjustments, with the estimated property tax for the 2024-2025 period being approximately $589,665.

49 West 38th Street, located in Manhattan's Garment District, is a 16-story commercial building constructed in 1924.

Building Details:

  • Year Built: 1924
  • Stories: 16
  • Neighborhood: Garment District
  • Borough: Manhattan

Location Insights:

  • Zip Code: 10018
  • Block & Lot: 00840-0013
  • Proximity: Near Bryant Park, Times Square, and Herald Square

Property Features:

  • Lot Size: Approximately 5,036 sqft
  • Building Size: Approximately 63,412 sqft
  • Electrical Service: High-amp, 400 AMP, 3-phase power available

Surroundings:

  • Hotels Nearby: The Archer, Marriott, Wingate, and Refinery Hotel
  • Notable Businesses: Amazon HQ, Sweetgreen


49 West 38th Street offers the following amenities:

  • Modern Lobby: Features a uniformed security guard.
  • 24-Hour Access: Ensures round-the-clock accessibility.
  • Lockoff Elevators: Upgraded for efficiency and security.
  • Tenant-Controlled A/C: Available on each floor for personalized climate control.
  • Natural Light: Oversized operable windows provide excellent natural light.
  • Convenient Location: Close proximity to Bryant Park and Grand Central Terminal, with easy access via multiple subway lines (7, B, D, F, M, N, Q, R, W).
  • Recent Renovations: Building lobby updated with new A/C, lighting, and desk.

49 W 38th St, Manhattan, NYC

Located in the Garment District, New York, this building has been a hub for various office tenants.

Notable Tenants

  • Anik Pearson Architect PC - Occupying 743 square feet, they provide professional, scientific, and technical services.
  • Gannon Vitolo Contracting LLC - With 5,000 square feet, they specialize in construction services.

Building Highlights

  • A modern lobby with a uniformed security guard.
  • Tenant-controlled A/C on each floor.
  • Short walking distance to Bryant Park and Grand Central Terminal.
  • Oversized operable windows offering abundant natural light.
  • Convenient access to major subway lines (7, B, D, F, M, N, Q, R, W).

Property Details

  • Year Built: 1924
  • Stories: 16
  • Total Building Size: Approximately 73,600 square feet.
  • Building Class: B

At 49 W 38th St, Manhattan, NYC, several top internet providers serve the area. These include:
  • Verizon: Known for its high-speed Fios service, offering speeds up to 2.3 Gbps, with plans starting at $49.99. It provides fiber-optic connectivity with excellent customer service.
  • Spectrum: Offers a wide range of plans with speeds up to 1 Gbps, starting at around $50. Spectrum provides cable and fiber services across Manhattan.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services, with speeds reaching 1 Gbps. It is known for affordable plans and unlimited data usage.

49 West 38th Street is located in Midtown South, Manhattan, offering easy access to various transportation options. Nearby cross streets include West 38th Street, 6th Avenue, 5th Avenue, and 7th Avenue. Public transportation includes:

  • Subways: Access via the B, D, F, M, N, Q, R, W, 1, 2, 3, A, C, and E trains at nearby stations like Times Square and Herald Square, though not directly on the street.
  • Buses: Several bus routes pass nearby, including the M11 and M34-SBS.
  • Trains: PATH trains and other regional lines are accessible at nearby stations.

The building is close to landmarks such as Bryant Park and Grand Central Terminal.

Office Tenants Rented / Leased 49 West 38th Street
  • Gannon Vitolo Contractin… leased 5,000 SF
  • Ivy Exec leased 1,000 SF
  • Ramapo For Children leased 5,000 SF
  • Walker Consultants leased 5,100 SF
  • Morrison Wagner Morrison leased 2,500 SF
  • Somiya Fashion leased 2,999 SF
  • Axomic leased 4,600 SF
  • Anik Pearson Architect leased 2,500 SF
  • Anik Architecture leased 2,500 SF
  • Ivy Exec Inc. leased 2,800 SF

Nearby Office Tenants Leased
  • 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

Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th 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
  • Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
  • 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
Office Tenants Rented / Leased 49 West 38th Street
  • Gannon Vitolo Contractin… leased 5,000 SF
  • Ivy Exec leased 1,000 SF
  • Ramapo For Children leased 5,000 SF
  • Walker Consultants leased 5,100 SF
  • Morrison Wagner Morrison leased 2,500 SF
  • Somiya Fashion leased 2,999 SF
  • Axomic leased 4,600 SF
  • Anik Pearson Architect leased 2,500 SF
  • Anik Architecture leased 2,500 SF
  • Ivy Exec Inc. leased 2,800 SF
Nearby Office Tenants Leased
  • 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
Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th 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
  • Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
  • 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

Argent Trading Testimonial

Argent Trading testimonial To Whom it May Concern: I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen 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 space. However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An 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 in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships. I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again. Sincerely, William Levitz President Argent Trading, LLC
🤝
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.
Cambiar el idioma del sitio web a Español. Cambia la lingua del sito web in Italiano. Website-Sprache auf Deutsch umstellen. 将网站语言切换为中文。
Commercial space for lease
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.
Find My Space!