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21-Story Office Building
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307 W 38th St, New York, NY 10018

21-story office building offering 7,000–20,000 sf floor plates, 11’ slab-to-slab ceilings, and a renovated lobby.

Property Size4,770 SF
Days on Market76

Property Features for 307 W 38th St

General Information

Standard status Active
Size 4,770 SF
Property subtype OFFICE

Additional Details

Clear Height 11 ft

Amenities

renovated lobby
five passenger elevators
freight elevator with direct access through a loading dock
24/7 access

Building Details

Stories 21
Tenancy Multi
Listing Agency: George Comfort & Sons, Inc.
Listed By: Se Kyung Kim
Source: Moodyscre
Added: May 18 Changed: Jul 25 Last Checked: Jul 31 at 10:04AM

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.

Investment Insights

Based on property information with market context.

307 W 38th St is a 21-story, approximately 300,000-square-foot office building with floor plates ranging from 7,000 to 20,000 square feet. The building offers above-average ceiling heights at 11’ slab to slab, abundant natural light on the top floors, and a renovated lobby. Amenities include five passenger elevators, plus a freight elevator with direct access through a loading dock on 39th Street, along with 24/7 building access.

The property is in the Times Square south submarket, only two avenues east of Hudson Yards and about four blocks from Times Square. It is positioned between Penn Station and the Port Authority Bus Terminal, with convenient subway access to the N, Q, R, W, 1, 2, 3 lines, the B, D, F, M lines, and the A, C, and E lines.

On-site retail tenants include Culture Espresso, Kitchen United (ghost kitchen), and City Bicycle NYC.

Key Highlights

  • 21‑story office building totaling 300,000 SF in the Times Square South submarket
  • Floor plates range from 7,000 to 20,000 SF with 11' slab‑to‑slab ceiling heights
  • Renovated lobby and five passenger elevators plus a freight elevator with direct access through a loading dock on 39th Street

Property Analytics

Current Use

Wise Electrical Services ... Electrical Service Mc Manus Conor Electrical Service Carol Hannah Clothing & Fashion Store Vari Direct Solutions Marketing & Advertising Fabian Rossano Studios ... Marketing & Advertising

Suggested Use

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

11 ft
Clear height
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

55,039
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

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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 - 21-story office building offering 7,000–20,000 sf floor plates, 11’ slab-to-slab ceilings, and a renovated lobby.
Where is this office building located?
The property is located at 307 W 38th St New York, NY.
What are key features of this property?
This property features: 21‑story office building totaling 300,000 SF in the Times Square South submarket; Floor plates range from 7,000 to 20,000 SF with 11' slab‑to‑slab ceiling heights; Renovated lobby and five passenger elevators plus a freight elevator with direct access through a loading dock on 39th Street
(212) 542-2127 Call to check price and availability
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