21-Story Office
307 West 38th Street, New York, NY 10018
For Lease
$40 SF/Yr
21-story office building offering 7,000–20,000 sf floor plates, 11’ slab-to-slab ceilings, and a renovated lobby.
Space Size5,091 SF - 14,429 SF
Days on Market114
Property Features for 307 West 38th Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Clear Height
Amenities
renovated lobby
five passenger elevators
freight elevator with direct access through a loading dock
24/7 access
Building Details
Stories
Tenancy
Spaces For Lease
at 307 West 38th Street Contact usPart 11th Available
Size
5,091 SF
Loft space with glass fronted offices, high ceilings, polished concrete floor, and a new pantry.
Contact us Entire 12th floor Available
Size
14,429 SF
Type
Office
Open loft space. Landlord will build to suit. Can be divided to multiple sizes.
Contact us
Listing Agency:
CBRE | Midtown Manhattan
Listed By:
Paul Walker
(212) 984-7117
Source:
Cbre
Added: Jul 24
Changed: Nov 8
Last Checked: Nov 14 at 2:09AM
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 CBRE | Midtown Manhattan
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
11 ft
Clear height
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for New York, NY
$63.91 /SF/Yr
Avg Asking Price
$37–$185 /SF/Yr
Price Range
41,044 SF
Avg Space Size
This space is priced 37% below the average of $63.91 /SF/Yr.
Properties on Market for Office buildings in New York
Vacancy Rate% for Office in Northeast region
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 West 38th Street New York, NY.
What is the lease rate?
The lease rate is $40 SF/Yr.
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
