Rent Office 49 West 38th Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| $ 46 | 3,900 |
$ 15,112 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 962 |
| Interior office/person | $ 1350 | $ 800 | $ 712 |
| Team Rooms | $ 10100 | $ 8050 | $ 5212 |
| Suites | $ 20100 | $ 12050 | $ 7212 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & West 38th Street | Negotiable | 33,100 |
Negotiable |
| Manhattan West & Between West 33rd Street | Negotiable | 8,000 |
Negotiable |
| Hudson Yards & Eleventh Avenue | Negotiable | 15,400 |
Negotiable |
| Avenue of the Americas & West 42nd Street | Negotiable | 32,300 |
Negotiable |
| W 33rd St & Avenue of Americas | Negotiable | 13,900 |
Negotiable |
| Broadway & West 32nd Street | Negotiable | 7,900 |
Negotiable |
| Broadway & West 39th Street | Negotiable | 15,100 |
Negotiable |
| Broadway & West 40th Street | Negotiable | 25,300 |
Negotiable |
| Broadway & West 41st Street | Negotiable | 12,600 |
Negotiable |
| Fifth Ave & West 33rd Street | Negotiable | 40,800 |
Negotiable |
| 9th Ave & Between West 33rd Street | Negotiable | 15,400 |
Negotiable |
| Ninth Ave & Between Dyer Avenue | Negotiable | 9,400 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 39th Street | Negotiable | 2,800 |
Negotiable |
| Broadway & West 38th Street | Negotiable | 2,700 |
Negotiable |
| Broadway & West 41st Street | $ 55 | 2,800 |
$ 12,833 |
| Broadway & West 32nd Street | Negotiable | 6,000 |
Negotiable |
| Broadway & West 40th Street | Negotiable | 5,500 |
Negotiable |
| Fifth Ave & West 33rd Street | Negotiable | 3,400 |
Negotiable |
| Fifth Ave & West 39th Street | Negotiable | 6,200 |
Negotiable |
| Hudson Yards & Between West 33rd Street | Negotiable | 4,500 |
Negotiable |
| Hudson Blvd & Between West 34th Street | Negotiable | 5,700 |
Negotiable |
| Times Sq & West 41st Street | Negotiable | 3,400 |
Negotiable |
| 2 & West 31st Street | Negotiable | 5,500 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 39th Street | Negotiable | 1,800 |
Negotiable |
| Fifth Ave & West 33rd Street | Negotiable | 2,100 |
Negotiable |
| W 40th St & Avenue of Americas | Negotiable | 1,800 |
Negotiable |
| Broadway & West 38th Street | Negotiable | 1,700 |
Negotiable |
| Broadway & West 37th Street | Negotiable | 2,300 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 38th Street | Negotiable | 22,600 |
Negotiable |
| Broadway & West 41st Street | Negotiable | 13,200 |
Negotiable |
| W 34th St & Ninth Avenue | Negotiable | 43,100 |
Negotiable |
| Seventh Ave & West 36th Street | Negotiable | 12,600 |
Negotiable |
| 6th Ave & Between Broadway | $ 59 | 7,600 |
$ 37,366 |
| Broadway & West 39th Street | $ 52 | 21,400 |
$ 92,733 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & West 39th Street | Negotiable | 3,500 |
Negotiable |
| W 31st St & Broadway | Negotiable | 3,900 |
Negotiable |
| W 39th St & 6th Avenue | Negotiable | 4,200 |
Negotiable |
| W 39th St & Ninth Avenue | $ 39 | 3,500 |
$ 11,375 |
| Eighth Ave & West 35th Street | Negotiable | 4,300 |
Negotiable |
| Eighth Ave & West 36th Street | Negotiable | 4,600 |
Negotiable |
| Eighth Ave & Between 8th Avenue | Negotiable | 4,300 |
Negotiable |
| W 36th St & Fifth Avenue | Negotiable | 4,100 |
Negotiable |
| 6th Ave & Between Broadway | Negotiable | 3,100 |
Negotiable |
| W 39th St & Avenue of America | Negotiable | 3,000 |
Negotiable |
| Broadway & West 38th Street | $ 49 | 2,800 |
$ 11,433 |
| W 35th St & Eight Avenue | Negotiable | 3,200 |
Negotiable |
| W 36th St & Between West 36th Street | Negotiable | 3,300 |
Negotiable |
| Seventh Ave & West 38th Street | $ 52 | 3,100 |
$ 13,433 |
| Broadway & West 41st Street | Negotiable | 6,800 |
Negotiable |
| W 40th St & Avenue of America | Negotiable | 3,100 |
Negotiable |
| W 31st St & Broadway | Negotiable | 3,200 |
Negotiable |
| W 33rd St & Seventh Avenue | Negotiable | 6,300 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| 7th Ave & Between 7th Avenue | Negotiable | 2,200 |
Negotiable |
| 6th Ave & Between Broadway | Negotiable | 1,800 |
Negotiable |
| W 40th St & Avenue of America | Negotiable | 1,600 |
Negotiable |
| Broadway & West 39th Street | $ 52 | 1,700 |
$ 7,366 |
| W 36th St & Between West 36th Street | $ 35 | 1,600 |
$ 4,666 |
| W 36th St & Between 8th Avenue | Negotiable | 2,400 |
Negotiable |
| W 38th St & Between West 37th Street | Negotiable | 2,400 |
Negotiable |
| 5th Ave & West 36th Avenue | Negotiable | 1,800 |
Negotiable |
| W 37th St & Avenue of the Americas | Negotiable | 1,500 |
Negotiable |
| W 36th St & Avenue of the Americas | Negotiable | 1,800 |
Negotiable |
| W 38th St & Eighth Avenue | Negotiable | 1,700 |
Negotiable |
| W 38th St & Eight Avenue | Negotiable | 1,600 |
Negotiable |
| Seventh Ave & West 38th Street | Negotiable | 1,700 |
Negotiable |
| Eighth Ave & West 38th Street | Negotiable | 1,700 |
Negotiable |
| Seventh Ave & West 40 Street | $ 54 | 1,500 |
$ 6,750 |
| W 39th St & Ninth Avenue | $ 39 | 1,800 |
$ 5,850 |
| Eighth Ave & West 37th Street | $ 37 | 1,700 |
$ 5,241 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 35th St & Broadway | Negotiable | 7,700 |
Negotiable |
| W 35th St & Seventh Avenue | $ 32 | 8,500 |
$ 22,666 |
| Tenth Ave & Between West 79th Street | Negotiable | 37,900 |
Negotiable |
| W 30th St & Avenue of Americas | Negotiable | 7,600 |
Negotiable |
| W 39th St & Eighth Avenue | Negotiable | 7,700 |
Negotiable |
| W 37th St & Seventh Avenue | Negotiable | 10,000 |
Negotiable |
| W 37th St & Between West 36th Street | Negotiable | 7,200 |
Negotiable |
| W 33rd St & twentieth Road | $ 39 | 8,100 |
$ 26,325 |
| W 35th St & Seventh Avenue | Negotiable | 8,800 |
Negotiable |
| W 36th St & Eight Avenue | Negotiable | 11,200 |
Negotiable |
| W 36th St & Eighth Avenue | Negotiable | 9,500 |
Negotiable |
| W 36th St & Ninth Avenue | Negotiable | 8,500 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 37th St & Eight Avenue | Negotiable | 4,000 |
Negotiable |
| Seventh Ave & West 30th Street | $ 35 | 3,800 |
$ 11,083 |
| Eighth Ave & West 39th Street | Negotiable | 3,800 |
Negotiable |
| Broadway & West 40 Street | Negotiable | 3,000 |
Negotiable |
| W 35th St & Seventh Avenue | $ 44 | 2,900 |
$ 10,633 |
| W 35th St & Seventh Avenue | Negotiable | 3,000 |
Negotiable |
| W 37th St & Eighth Avenue | Negotiable | 2,800 |
Negotiable |
| W 35th St & Between West 35th Street | Negotiable | 3,300 |
Negotiable |
| W 38th St & Eighth Avenue | $ 39 | 3,500 |
$ 11,375 |
| W 35th St & Broadway | Negotiable | 5,000 |
Negotiable |
| W 35th St & Seventh Avenue | Negotiable | 3,000 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 38th St & Eighth Avenue | Negotiable | 2,000 |
Negotiable |
| W 30th St & Avenue of Americas | Negotiable | 2,200 |
Negotiable |
| W 37th St & Eight Avenue | Negotiable | 2,100 |
Negotiable |
| W 38th St & Eighth Avenue | Negotiable | 1,500 |
Negotiable |
| W 35th St & Seventh Avenue | Negotiable | 2,100 |
Negotiable |
| W 38th St & Ninth Avenue | $ 32 | 1,600 |
$ 4,266 |
| W 32nd St & Ninth Avenue | Negotiable | 1,800 |
Negotiable |
| W 32nd St & Broadway | Negotiable | 1,900 |
Negotiable |
| Eighth Ave & West 36th Street | $ 38 | 1,600 |
$ 5,066 |
| W 35th St & Seventh Avenue | Negotiable | 1,800 |
Negotiable |
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.
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Lease 49 West 38th Street
Rent 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 Amenities
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
Internet at 49 West 38th Street
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 Access
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.
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.
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.