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    307 38Th St New York, NY 10018

    For Lease
    Contact for pricing

    Prime NYC Executive Office Suites Available

    Lot size:
    302,055 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 21-story office building at 307 West 38th Street, New York, NY 10018, offers 302,055 square feet of premium executive office space in the vibrant Times Square South submarket. Built in 1933 and extensively renovated in 2018, the property boasts impressive features including floor plates ranging from 7,000 to 20,000 square feet, high ceilings (11' slab to slab), and abundant natural light on upper floors. The renovated lobby welcomes tenants, complemented by five passenger elevators and a freight elevator with direct loading dock access on 39th Street. Enjoy 24/7 access to this well-maintained building. Currently, 56,336 square feet of space is available, divisible into units as small as 1,560 square feet and up to a contiguous 14,450 square feet. The building's convenient location, just two avenues east of Hudson Yards and four blocks from Times Square, provides unparalleled access to major transportation hubs including Penn Station and the Port Authority Bus Terminal, with nearby subway access (N, Q, R, W, 1, 2, 3, B, D, F, M, A, C, E lines). Ground floor retail tenants include a popular coffee shop, ghost kitchen, and bicycle shop, adding to the building's vibrant atmosphere. This is a unique opportunity to secure prestigious office space in one of Manhattan's most sought-after locations.

    Property Features for 307 38Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    302,055 SF

    Building Details

    Year Built/Renovated
    1933/2018
    Stories
    21

    Unit(s) available at that property

    Space
    18th Floor Suite 1805
    Size
    4,984 SF
    Space
    17(1705)
    Size
    5,228 SF
    Space
    Suite 11(1105)
    Size
    5,091 SF
    Space
    17(1701)
    Size
    3,942 SF
    Space
    20(2010)
    Size
    1,560 SF
    Space
    12th Floor Suite 1200
    Size
    14,450 SF
    Space
    12th Floor Suite 1201
    Size
    3,669 SF
    Space
    12th Floor Suite 1218
    Size
    4,121 SF
    Space
    12th Floor Suite 1207
    Size
    6,660 SF
    Space
    15th Floor Suite 1510
    Size
    6,631 SF

    HighLights

    • 21‑story, 302,055 SF office building at 307 West 38th Street, New York, NY.
    • Extensive 2018 renovation.
    • Floor plates from 7,000 to 20,000 SF, 11' ceilings, abundant natural light.
    • Five passenger elevators, freight elevator with loading dock. 24/7 access.
    • 56,336 SF available, divisible to 1,560 SF. Largest contiguous block: 14,450 SF.
    • Prime Times Square South location, near Hudson Yards, Penn Station, Port Authority, and multiple subway lines.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wise Electrical Services ... Electrician Mc Manus Conor Electrician Carol Hannah Bridal Shop Vari Direct Solutions Graphic Designer Fabian Rossano Studios ... Website Designer

    Suggested Use

    Restaurant Realty agency Hair Salon Spa & Massage Dental Office Nail Salon Food Market Grocery Store Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9923253
    Latitude
    40.7551445

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    FAQs

    What type of property is this?
    Office Property / Space - Prime NYC Executive Office Suites Available
    Where is this office property / space located?
    The property is located at 307 38Th St New York, NY.
    What are key features of this property?
    This property features: 21-story, 302,055 SF office building at 307 West 38th Street, New York, NY.; Extensive 2018 renovation.; Floor plates from 7,000 to 20,000 SF, 11' ceilings, abundant natural light.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    307 38Th St New York, NY 10018
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