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Penn Plaza Office Space
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32 W 39th St, New York, NY 10018

Office space for rent in Penn Plaza/Garment district.

Space Size4,000 SF
Property Size51,727 SF
Days on Market159

Property Features for 32 W 39th St

General Information

Standard status Active
Size 4,000 SF
Class B
Property subtype Office

Building Details

Building Size 51,727 SF
Year Built 1925
Tenancy Multiple

Spaces For Lease

at 32 W 39th St Contact us

Entire Pen

Size
4,000 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Lee & Associates - New York
Listed By: Catherine O'toole · License #10301216975
Source: Crexi
Added: Mar 7 Changed: Aug 8 Last Checked: Aug 8 at 2:47PM

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 commercial real estate offers office units and spaces for rent in the Penn Plaza/Garment area.

Key Highlights

  • Penn Plaza/Garment Location
  • New to Market
  • Built in 1925

Property Analytics

Current Use

Atlantic Concrete Design General Contractor E Perfect Imaging (Bike/Boat/Book/etc) Store Subway Take-out & Catering Regency NYC Marketing & Advertising Xerox Corporation General Contractor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Locksmith Parking Lot & Garage Plumbing 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

100,617
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

$47.92 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,508 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent in Penn Plaza/Garment district.
Where is this office units located?
The property is located at 32 W 39th St New York, NY.
What are key features of this property?
This property features: Penn Plaza/Garment Location; New to Market; Built in 1925
(212) 961-6252 Call to check price and availability
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