Renovated Midtown South Office
For Lease
Contact for pricing
230 W 38th St, New York, NY 10018
Renovated 18-story office building with 24/7 access, redesigned lobby, and passenger elevator service.
Space SizeContact for details
Property Size9,149 SF
Days on Market625
Property Features for 230 W 38th St
General Information
Standard status
Active
Size
9,149 SF
Property subtype
OFFICE
Amenities
destination dispatch elevators
card-key after hours access
uniformed lobby attendants
property manager on-site
24/7 access
communal lobby space
passenger elevators (3)
Building Details
Year Built
1928
Stories
18
Tenancy
Multi
Listing Agency:
Olmstead Properties, Inc.
(212) 564-2141
Listed By:
Steven H. Marvin
Source:
Moodyscre
Added: Nov 18, 2024
Changed: Jul 27
Last Checked: Aug 4 at 12:12PM
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, this 18-story office building offers approximately 139,000 rentable square feet with typical floor plates ranging from 5,000 to 10,000 square feet. The property has been completely renovated, including brand new automatic passenger elevators, a fully redesigned and modernized lobby, new windows, renovated bathrooms, and a new heating plant.
Building amenities include destination dispatch elevators, card-key after-hours access, a communal lobby with uniformed lobby attendants, and an on-site property manager. The building also offers 24/7 access and includes three passenger elevators.
Located at 230 W 38th St in Midtown South, the property is served by multiple subway lines and is within close proximity of Penn Station and the 42nd Street Port Authority Bus Terminal, supporting convenient commuter access.
Building amenities include destination dispatch elevators, card-key after-hours access, a communal lobby with uniformed lobby attendants, and an on-site property manager. The building also offers 24/7 access and includes three passenger elevators.
Located at 230 W 38th St in Midtown South, the property is served by multiple subway lines and is within close proximity of Penn Station and the 42nd Street Port Authority Bus Terminal, supporting convenient commuter access.
Key Highlights
- 18‑story Midtown South office building with 139,000 rentable SF between 7th and 8th Avenues
- Completely renovated including brand‑new automatic passenger elevators, redesigned modern lobby, new windows, and new bathrooms throughout
- New heating plant plus destination dispatch elevators and card‑key after‑hours access
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
81,836
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
Market
Lease Benchmarks for New York, NY
$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated 18-story office building with 24/7 access, redesigned lobby, and passenger elevator service.
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: 18‑story Midtown South office building with 139,000 rentable SF between 7th and 8th Avenues; Completely renovated including brand‑new automatic passenger elevators, redesigned modern lobby, new windows, and new bathrooms throughout; New heating plant plus destination dispatch elevators and card‑key after‑hours access
