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Midtown South Fashion District Office Building

250 W 39th St, New York, NY 10018

For Lease
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An 18-story Class B property offers dedicated commercial space for apparel and fashion businesses.

Space SizeContact for details
Property Size208,218 SF
Days on Market55

Property Features for 250 W 39th St

General Information

Standard status Active
Size 208,218 SF
Class B
Elevators Yes
Property subtype Office

Site & Location

Neighborhood Midtown Manhattan
Public Transit Yes

Amenities

24-hour access

Building Details

Year Built 1926
Year Renovated 2007
Stories 18
Building Size 208,218 SF
Construction Art Deco
Tenancy Multi

Spaces For Lease

at 250 W 39th St
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Listing Agency: RI Manhattan Realty
Listed By: Robert Isaacs
Source: Crexi
Added: Sep 17 Changed: Nov 8 Last Checked: Nov 8 at 5:43PM

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 RI Manhattan Realty

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Investment Insights

Based on property information with market context.

At 250 W 39th St, this 18-story office building contains 45 commercial units within 208,218 square feet of Class B space. Typical floors measure approximately 12,000 square feet. The building dates to 1926 and underwent renovation in 2007, with Art Deco design, 24-hour access, three passenger elevators and two freight elevators.

The property sits in Manhattan’s Garment District. Nearby subway service includes the 1, 2, 3, 7, S, A, N, Q and E lines. LaGuardia Airport is a 17-minute drive away, while Newark Liberty and John F. Kennedy International Airports are each accessible within 30 minutes.

Key Highlights

  • 45 commercial units in an 18‑story office building
  • 208,218 square feet of Class B office space
  • Typical floor area of approximately 12,000 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wallace E. J. ... Law Firm Lincoln Property Co Real Estate Agency Pegasus Maritime Inc Logistics Company Smitten Clothing & Fashion Store Global Sole Group Industrial Manufacturer

Suggested Use

Top Pick Pet Grooming Service Buffet Parking Lot & Garage Plumbing Service Electrical Service HVAC Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

50,655
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,698 SF
Avg Space Size

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - An 18-story Class B property offers dedicated commercial space for apparel and fashion businesses.
Where is this office unit located?
The property is located at 250 W 39th St New York, NY.
What are key features of this property?
This property features: 45 commercial units in an 18‑story office building; 208,218 square feet of Class B office space; Typical floor area of approximately 12,000 square feet
(917) 346-6517 Call to check price and availability
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