Office Building with 24/7
For Lease
Contact for pricing
307 W 38th St, New York, NY 10018
21-story office building with renovated lobby, multiple floor plates, and 24/7 tenant access via passenger and freight elevators.
Space Size14,429 SF
Property Size300,000 SF
Days on Market1349
Property Features for 307 W 38th St
General Information
Standard status
Active
Size
14,429 SF
Elevators
Yes
Property subtype
OFFICE
Lease Type
Modified Gross
Site & Location
Neighborhood
Midtown Manhattan
Public Transit
Yes
Amenities
renovated lobby
24/7 access
loading dock
Building Details
Stories
21
Building Size
300,000 SF
Spaces For Lease
at 307 W 38th St
307 W 38th St
$40/SF/Yr
Floor
12
Size
14,429 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 307 west 38th street is a 21-story, 300,000 sf office building located in the bustling times square south submarket.
- The building features floor plates ranging from 7,000 to 20,000 sf, above average ceiling heights (11’ slab to slab), great amounts of natural light on the top floors, a renovated lobby, five passenger elevators, a freight elevator with direct access through a loading dock on 39th street, and 24/7 access.
- The property features retail tenants including an upscale locally-owned coffee shop (culture espresso), ghost kitchen (kitchen united), and bicycle shop (city bicycle nyc). The property is only two avenues east of hudson yards.
- 307 west 38th street is located four blocks from times square, ideally situated between penn station and the port authority bus terminal, with convenient access to the times square (n, q, r, w and 1, 2, 3 trains), bryant park (b, d, f, m) and penn station (a, c, e) subway stations.
Contact us
Listing Agency:
George Comfort & Sons, Inc.
(212) 481-1122
Listed By:
Se Kyung Kim
(212) 542-2127
Source:
Moodyscre
Added: Feb 21, 2023
Changed: Oct 25
Last Checked: Oct 30 at 5:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of George Comfort & Sons, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
307 W 38th St is a 21-story, 300,000 SF office building designed for flexible tenant operations. Floor plates range from 7,000 to 20,000 SF, with above-average ceiling heights of 11’ slab to slab and strong natural light on the upper floors. The building offers a renovated lobby and five passenger elevators, plus a freight elevator with direct access through a loading dock on 39th Street. Tenant access is available 24/7.
The property is positioned in the Times Square South submarket, only two avenues east of Hudson Yards and four blocks from Times Square. It sits between Penn Station and the Port Authority Bus Terminal, with convenient subway access to multiple lines serving the area.
On-site retail tenants include Culture Espresso (locally owned coffee shop), Kitchen United (ghost kitchen), and City Bicycle NYC (bicycle shop).
The property is positioned in the Times Square South submarket, only two avenues east of Hudson Yards and four blocks from Times Square. It sits between Penn Station and the Port Authority Bus Terminal, with convenient subway access to multiple lines serving the area.
On-site retail tenants include Culture Espresso (locally owned coffee shop), Kitchen United (ghost kitchen), and City Bicycle NYC (bicycle shop).
Key Highlights
- 21‑story, 300,000 SF office building in Times Square South
- Floor plates range from 7,000 to 20,000 SF
- 11’ slab to slab ceiling heights with natural light on top floors
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
55,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for New York, NY
$51.45 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
41,254 SF
Avg Space Size
This space is priced 22% below the average of $51.45 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 21-story office building with renovated lobby, multiple floor plates, and 24/7 tenant access via passenger and freight elevators.
Where is this office building located?
The property is located at 307 W 38th St New York, NY.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 21‑story, 300,000 SF office building in Times Square South; Floor plates range from 7,000 to 20,000 SF; 11’ slab to slab ceiling heights with natural light on top floors
