Furnished Office Sublease
For Lease
Contact for pricing
307 West 38th Street, New York, NY 10018
Fully built, furnished office sublease in transit hub, ready now.
Space Size13,766 SF
Property Size325,000 SF
Days on Market209
Property Features for 307 West 38th Street
General Information
Standard status
Active
Size
13,766 SF
Class
B
Property subtype
Office
Building Details
Building Size
325,000 SF
Spaces For Lease
at 307 West 38th Street Contact us- Size
- 13,766 SF
- Type
- Office Building
- Term
- Sublease through May 2040
- Rate
- Contact for pricing
Partial 8th Floor (Sublease)
Listing Agency:
Lee & Associates - New York
(646) 723-4711
Listed By:
Stephanie Moore
Source:
Lee-associates
Added: Jan 26
Changed: Aug 22
Last Checked: Aug 22 at 5:24AM
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 Lee & Associates - New York
Investment Insights
Based on property information with market context.
This fully built and furnished office sublease is ideally suited for nonprofit organizations due to potential real estate tax benefits, and is also suitable for tenants who regularly accommodate a high volume of visitors. The efficient layout features a combination of private offices, meeting rooms, and training rooms. A large open area includes an accordion-style collapsible wall, allowing the space to be divided to accommodate up to 65 people. The space benefits from abundant natural light and windows. Access is provided through an attended private lobby. The property is centrally located within a transit hub, with convenient walking distance to Grand Central, Penn Station, and Port Authority. Several subway lines are also within a short distance. The sublease is available through May 2040, with shorter terms negotiable. The property is located between Eighth and Ninth Avenues. The property size is 325000 square feet.
Key Highlights
- Sublease through May 2040 (shorter term available)
- Ideal for nonprofit organizations (no real estate tax)
- Fully built and furnished office space ready for immediate occupancy
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
55,039
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
$46.54 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,523 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully built, furnished office sublease in transit hub, ready now.
Where is this office units located?
The property is located at 307 West 38th Street New York, NY.
What are key features of this property?
This property features: Sublease through May 2040 (shorter term available); Ideal for nonprofit organizations (no real estate tax); Fully built and furnished office space ready for immediate occupancy
