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Midtown Manhattan Office/Showroom Space
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241 W 37th St, New York, NY 10018

Flexible office and showroom spaces in the Garment District.

Space Size1,335 SF - 3,800 SF
Days on Market822

Property Features for 241 W 37th St

General Information

Standard status Active
Size 1,335 SF - 3,800 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 241 W 37th St Contact us

Suite 804

Size
3,800 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 908

Size
1,335 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 604

Size
1,860 SF
Type
Office
Availability
Active
Contact us

Suite 400

Size
1,386 SF
Type
Office
Availability
Active
Contact us

Suite 924

Size
2,085 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Sido New York Real Estate
Listed By: John Akleh · License #NY 10491205511
Source: Crexi
Added: May 25, 2024 Changed: Aug 8 Last Checked: Aug 23 at 4:49PM

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 Sido New York Real Estate

Investment Insights

Based on property information with market context.

Located in the heart of the Garment District, the commercial building at 241 West 37th Street offers flexible office and showroom space. The property is situated between Seventh and Eighth Avenues, providing accessibility to major subway lines, NJ Transit, Amtrak, and the PATH train. The location is near Penn Station, Hudson Yards, and Times Square. The property features loft-style layouts with high ceilings, oversized windows, and natural light. Many units are column-free. The building provides 24/7 access, renovated common areas, and a professional lobby. The surrounding neighborhood has attracted fashion brands, media companies, and growing firms due to its central location. The property is suitable for creative offices, fashion showrooms, or tech start-ups. The building offers a combination of value, flexibility, and Midtown connectivity.

Key Highlights

  • Prime Midtown location near Penn Station, Hudson Yards, and Times Square, offering exceptional accessibility.
  • Flexible loft‑style office/showroom spaces with high ceilings and abundant natural light.
  • 24/7 access and attended lobby providing convenience and security.

Property Analytics

Current Use

Evil Genius Group Marketing & Advertising THE MICHAEL COLLECTION Clothing & Fashion Store Blue Whale App ... (Bike/Boat/Book/etc) Store slumdesign Marketing & Advertising Americare Health Inc. Corporate Office

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Adult Day Care Butcher Locksmith

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
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

81,836
Businesses Nearby

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

$48.25 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,679 SF
Avg Space Size

This space is priced 25% below the average of $48.25 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office and showroom spaces in the Garment District.
Where is this office units located?
The property is located at 241 W 37th St New York, NY.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Prime Midtown location near Penn Station, Hudson Yards, and Times Square, offering exceptional accessibility.; Flexible loft‑style office/showroom spaces with high ceilings and abundant natural light.; 24/7 access and attended lobby providing convenience and security.
(212) 706-9079 Call to check price and availability
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