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Renovated Midtown South Office Building
For Lease
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230 W 38th St, New York, NY

18-story office building in Midtown South, Manhattan.

Space Size7,069 SF - 9,149 SF
Lot Size0.21 Acres
Days on Market272

Property Features for 230 W 38th St

General Information

Standard status Active
Size 7,069 SF - 9,149 SF
Lot size 0.21 Acres
Property subtype OFFICE

Spaces For Lease

at 230 W 38th St Contact us

Bricken Arcade

Floor
10
Size
9,149 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Constructed in 1928, 230 West 38th Street is a 18-story tall office building located...
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Contact us

Bricken Arcade

Floor
15
Size
7,069 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Constructed in 1928, 230 West 38th Street is a 18-story tall office building located...
show more
Contact us
Listing Agency: Olmstead Properties, Inc.
Listed By: Steven H. Marvin
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 22 at 1:33PM

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 Olmstead Properties, Inc.

Investment Insights

Based on property information with market context.

Constructed in 1928, the 18-story office building at 230 West 38th Street, also known as the Bricken Arcade North, is located in Manhattan's Midtown South neighborhood, between 7th and 8th Avenues. The building offers 139,000 rentable square feet, with typical floor plates ranging from 5,000 to 10,000 square feet. The building has been completely renovated, featuring brand new automatic passenger elevators, a redesigned and modernized lobby, new windows, new bathrooms throughout, and a new heating plant. New facilities and amenities include destination dispatch elevators, card-key after-hours access, uniformed lobby attendants, and an on-site property manager. The building provides 24/7 access and a communal lobby space. Tenants are surrounded by restaurants, retail stores, shopping malls, bars, and hotels, offering convenient access to the amenities of the Garment District. The property is easily accessible via the N, Q, R, W, S, 1, 2, 3, 7, A, C, and E subway lines and is within close proximity of Penn Station and the 42nd Street Port Authority Bus Terminal. Current tenants include Anna Sui, Vigoss, Tailored Sportsman, and Exquisite Apparel.

Key Highlights

  • Prime Midtown South location with excellent access to N,Q,R,W,S,1,2,3,7,A,C,E subway lines, Penn Station, and Port Authority Bus Terminal.
  • Fully renovated building featuring new automatic passenger elevators, redesigned lobby, new windows, new bathrooms, and a new heating plant.
  • Modern amenities including destination dispatch elevators, card‑key after‑hours access, uniformed lobby attendants, and on‑site property manager.

Property Analytics

Current Use

OST Corporate Office Dine Market Big Box & Wholesale Store Medalist Clothing Store Concord Logistic Logistics Company Basix Black Label ... Clothing & Fashion Store

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Butcher Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

81,836
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 18-story office building in Midtown South, Manhattan.
Where is this office building located?
The property is located at 230 W 38th St New York, NY.
What are key features of this property?
This property features: Prime Midtown South location with excellent access to N,Q,R,W,S,1,2,3,7,A,C,E subway lines, Penn Station, and Port Authority Bus Terminal.; Fully renovated building featuring **new automatic passenger elevators**, redesigned lobby, new windows, new bathrooms, and a new heating plant.; Modern amenities including **destination dispatch elevators**, card‑key after‑hours access, uniformed lobby attendants, and on‑site property manager.
(212) 564-2141 Call to check price and availability
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