Modernized Midtown Office
9 E 38th St New York, NY 10016
9 E 38th St, New York, NY, 10016
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For Sale
Contact for pricing
Pending
12-story office building built in 1924 with renovations completed between 2017 and 2021.
Days on Market103
Property Features for 9 E 38th St
General Information
- Standard status
- Pending
- Property subtype
- Office
Listing agency
BKREA
(917) 509-9501
Listed by
Bob Knakal · License #NY 10301211305
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 1:33PM Checked: Jul 21 at 1:33PM
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 BKREA
Investment Insights
Based on property information with market context.
9 East 38th Street is a 12-story commercial office building built in 1924 and completely modernized/renovated between 2017 and 2021. The property’s approximately 63,659 square foot footprint includes completed improvements to the building’s lobby, restrooms, elevators, mechanical systems, and windows.
The ground floor and basement are occupied by Japas NY, a karaoke and sushi establishment operating for 13 years. The current lease is not set to expire until October 2028, supporting continuity for future ownership.
Of the remaining 11 floors, 5 are currently leased to established tenants, including HSBC and Maxwell-Kates Inc. Average floorplate is approximately 5,200 RSF, providing flexible space for boutique office users. The building sits on the north side of East 38th Street between Fifth and Madison Avenues, in Midtown South, with multiple subway lines within a 10-minute walk and Bryant Park about a three-minute walk.
The ground floor and basement are occupied by Japas NY, a karaoke and sushi establishment operating for 13 years. The current lease is not set to expire until October 2028, supporting continuity for future ownership.
Of the remaining 11 floors, 5 are currently leased to established tenants, including HSBC and Maxwell-Kates Inc. Average floorplate is approximately 5,200 RSF, providing flexible space for boutique office users. The building sits on the north side of East 38th Street between Fifth and Madison Avenues, in Midtown South, with multiple subway lines within a 10-minute walk and Bryant Park about a three-minute walk.
Key Highlights
- 12‑story commercial office building built in 1924 with 63,659 SF of space
- Completely modernized/renovated between 2017 and 2021, with $9+ million in upgrades
- Ground floor and basement occupied by Japas NY (karaoke and sushi) with lease not expiring until October 2028
Property Analytics
Location Intelligence
Current Use by Public Records
be clean new ...
Hardware & Home Improvement
350 bleecker street ...
Apartment Building
PSi
Business Management Consultant
g/arc
General Contractor
Zipcar Location
Freight Service
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FAQs
What type of property is this?
Office building - 12-story office building built in 1924 with renovations completed between 2017 and 2021.
Where is this office building located?
The property is located at 9 E 38th St New York, NY.
What are key features of this property?
This property features: 12‑story commercial office building built in 1924 with 63,659 SF of space; Completely modernized/renovated between 2017 and 2021, with $9+ million in upgrades; Ground floor and basement occupied by Japas NY (karaoke and sushi) with lease not expiring until October 2028
