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Rent Office 5 East 38th Street

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & East 44th Street $ 65
13,500
$ 73,125
Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue $ 49
4,800
$ 19,600
Park Ave & East 39th Street $ 99
4,200
$ 34,650
Fifth Ave & East 44th Street $ 50
3,300
$ 13,750
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street $ 57
4,200
$ 20,037
Lexington Ave & East 41st Street $ 25
5,600
$ 11,783
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
E 42nd St & Lexington Avenue $ 50
4,800
$ 20,000
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 2211 $ 775
Interior office/person $ 1350 $ 1711 $ 525
Team Rooms $ 10100 $ 8961 $ 5025
Suites $ 20100 $ 12961 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue $ 70
8,100
$ 47,250
Park Ave & East 41st Avenue $ 175
12,200
$ 177,916
Third Ave & East 46th Street $ 81
12,100
$ 81,675
Fifth Ave & East 40th Street $ 85
11,200
$ 79,333
Third Ave & East 40th Street $ 60
27,700
$ 138,500
Address $ / SF SF Monthly Rent
E 40th St & Fifth Avenue $ 70
6,400
$ 37,333
Third Ave & East 46th Street $ 62
4,100
$ 21,183
Vanderbilt Ave & East 44th Street $ 49
5,300
$ 21,641
Third Ave & East 39th Street $ 70
4,700
$ 27,416
Address $ / SF SF Monthly Rent
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
E 44th St & East 44th Street $ 82
2,300
$ 15,716
E 45th St & Lexington Avenue $ 75
2,400
$ 15,000
Lexington Ave & East 42nd Street $ 61
1,500
$ 7,625
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Park Ave & East 41st Street $ 85
2,300
$ 16,291
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street $ 66
14,600
$ 79,691
Vanderbilt Ave & East 44th Street $ 81
8,100
$ 54,675
E 42nd St & Park Avenue $ 59
9,700
$ 47,691
Fifth Ave & East 42nd Street $ 58
7,400
$ 35,766
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
E 42nd St & Lexington Avenue $ 64
8,400
$ 45,150
Address $ / SF SF Monthly Rent
Madison Ave & East 41st Avenue $ 56
5,700
$ 26,837
Madison Ave & East 40th Street $ 76
3,600
$ 22,650
Vanderbilt Ave & East 44th Street $ 50
4,000
$ 16,833
Madison Ave & East 39th Street $ 50
2,700
$ 11,362
Lexington Ave & East 41st Street $ 60
3,700
$ 18,654
E 42nd St & Park Avenue $ 66
6,700
$ 36,850
E 44th St & Third Avenue $ 48
4,500
$ 18,000
Madison Ave & East 40th Street $ 75
3,900
$ 24,375
Fifth Ave & East 45th Street $ 84
6,800
$ 47,600
E 45th St & Fifth Avenue $ 55
3,800
$ 17,416
Madison Ave & East 40th Street $ 56
6,900
$ 32,200
Madison Ave & East 41st Avenue $ 62
2,600
$ 13,325
Third Ave & Between East 44th Street $ 66
4,800
$ 26,600
E 42nd St & Madison Avenue $ 70
4,900
$ 28,583
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street $ 66
1,700
$ 9,279
Second Ave & East 43rd Street $ 58
2,300
$ 11,020
Madison Ave & East 39th Street $ 50
1,900
$ 7,995
Fifth Ave & East 42nd Street $ 60
1,600
$ 8,000
Madison Ave & East 41st Avenue $ 55
2,000
$ 9,166
E 42nd St & Madison Avenue $ 70
2,100
$ 12,250
E 42nd St & Lexington Avenue $ 60
2,200
$ 10,908
E 44th St & Fifth Avenue $ 55
2,200
$ 10,083
Lexington Ave & East 44th Street $ 55
1,500
$ 6,875
Address $ / SF SF Monthly Rent
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 39
7,900
$ 25,675
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,016
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 49
3,000
$ 12,250
Fifth Ave & Between East 42nd Street $ 84
6,000
$ 42,000
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 49
1,600
$ 6,533
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 5 East 38th Street. This trend is projected to continue. Opportunities for subleases remain available at 5 East 38th Street and in the nearby Grand Central neighborhood.
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Lease 5 East 38th Street

Rent 5 East 38th Street Property Overview

Building Address: 5 E 38th St, New York NY 10016
Building Alternate Address: 5 E 38th St
Zip Code:10016
Neighborhood:Grand Central
Borough:Manhattan
Stories:12
Year Built:1920
Building Class:B
Block & lot:00868-0008

5 East 38th Street, located in the heart of Manhattan, is a significant commercial building with a rich history dating back to 1920. Constructed during a period of rapid urban development, this 12-story structure was designed to meet the needs of the growing business community in Midtown South.

As a Class B office space, it has been utilized by various businesses over the years, offering a strategic location close to Grand Central, a hub of transportation and commercial activity in New York City. The building's historical context is intertwined with the broader development of Manhattan, where early 20th-century construction projects like this one contributed to the city's evolving skyline and urban landscape.

Today, 5 East 38th Street stands as part of the vibrant tapestry of New York City's architectural heritage, embodying the blend of historical significance and modern functionality that defines much of Manhattan's commercial districts.

5 E 38th St, Manhattan, NYC

Also known as 5 East 38th Street, this property is located in the Murray Hill neighborhood.

  • Building Year: 1920
  • Stories: 12
  • Neighborhood: Murray Hill/Grand Central
  • Borough: Manhattan

5 East 38th Street Amenities

Building Amenities at 5 E 38th St, Manhattan, NYC

This elegant elevator building offers the following amenities to enhance residents' comfort and convenience:

  • Full-time doorman service
  • On-site laundry facilities
  • Pet-friendly environment (dogs and cats allowed)
  • Walk-in closets in units
  • Glamorous elevator access
  • Convenient location close to transportation and grocery stores

5 East 38th Street, Manhattan, NYC - Office Tenants Rented / Leased

5 East 38th Street is a 12-story commercial office building located in the Grand Central neighborhood of Midtown South, Manhattan. Built in 1920, it is classified as a Class B building with 28 units available for lease or rent.

The building offers a variety of office spaces including windowed and interior offices across different classes with monthly rents ranging approximately:

  • Windowed office/person: $750 to $2,000
  • Interior office/person: $500 to $1,250

Features include full-time doorman service and on-site laundry, with spaces suitable for studios and convertible 1-bedroom office layouts.

Notable current tenants include co-working spaces and specialized institutes, supporting a dynamic office environment for various business needs.


Internet at 5 East 38th Street

At 5 E 38th St, Manhattan, NYC, several internet providers offer services to residents and businesses. Here are some of the top internet providers in that area:

Verizon Fios is known for its high speeds, ranging from 300 Mbps to 2.3 Gbps, making it an excellent choice for those needing fast connections. It offers fiber service, which is highly reliable and popular among consumers.

Astound Broadband Powered by RCN provides both cable and fiber options, with speeds reaching up to 1.5 Gbps. Their fiber service has expanded significantly, offering unlimited data usage in all plans.

Spectrum offers cable internet with speeds up to 1 Gbps. It is widely available across Manhattan, making it a convenient option for many residents.


5 East 38th Street Access

Transportation Near 5 E 38th St, Manhattan, NYC

5 East 38th Street is located in Midtown Manhattan, near Grand Central Station and several key public transportation options.

Subway

  • Nearest subway stations:
    • 33 St Station – about a 9-minute walk away
    • Grand Central-42 St Station – about a 7-8 minute walk
  • Subway lines serving the area include: 4, 5, 6, 7, and S (Shuttle).

Bus

Bus lines operating near 5 E 38th St include:

  • M15 and M15-SBS
  • M42
  • QM32, QM40
  • BXM4, M102 (along 2nd Avenue nearby)

Nearby bus stops within a few minutes’ walk are:

  • 1 Av/E 39 St (2 min walk)
  • 2 Av/E 39 St (4 min walk)
  • 3 Av/E 38 St (3 min walk)
  • E 42 St/1 Av and E 42 St/2 Av (5 min walk)

Train

  • Nearby train stations: Grand Central Terminal, approximately a 14-minute walk
  • Train lines serving nearby stations: Harlem, Hudson, Port Washington, Far Rockaway branches, PATH

Cross Streets

5 E 38th Street is situated between 5th Avenue and Madison Avenue, close to 1st and 2nd Avenues along East 38th Street.


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