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    325 38Th St New York, NY 10001

    Sponsored
    For Lease
    $40 SF/Yr ($2,050 /Mo)

    Luxury Office Suites, 615 sq ft Available

    Lot size:
    615 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office space at 325 W 38th Street in New York City's vibrant Manhattan offers a rare opportunity to lease a fully vacant, modern office suite. The property, located in New York County, boasts a total of 615 square feet of meticulously designed space, perfect for a small business or executive team. The building is ideally suited for multiple tenants, providing flexibility and potential for growth. The 615 square feet currently available is ready for immediate occupancy, allowing for a seamless transition into your new workspace. The address, 325 W 38th St, places your business in a highly desirable and accessible location within the 10001 zip code, offering easy access to public transportation, numerous amenities, and a thriving business community. This is a turnkey solution for businesses seeking a prestigious and efficient office environment in the heart of Manhattan. The property type is classified as an office building, specifically an executive office suite, ensuring a professional and sophisticated atmosphere. The space is currently entirely vacant, presenting an unparalleled opportunity to customize the layout and design to perfectly suit your company's specific needs. Don't miss this chance to secure a prime location in one of New York City's most sought-after neighborhoods.

    Property Features for 325 38Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    615 SF
    Total Rate
    2050

    Unit(s) available at that property

    Space
    Suite 704
    Size
    615 SF
    Space
    Suite 1205
    Size
    915 SF
    Rate per SF
    $40

    HighLights

    • Prime Garment District location.
    • Excellent transit access via Port Authority Bus Terminal, Penn Station, and Hudson Yards.
    • 7th‑floor corner office with prominent street frontage.
    • Features high ceilings and hardwood floors.
    • Lease term extension negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Erich Soldat Textile ... Fabric Wholesaler Reber Design Architecture ... Architect QDigital Photography Studio Commercial Photographer Corstange Law Group ... Immigration Attorney The Babani Team Real Estate Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    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
    -73.99271
    Latitude
    40.755415

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    FAQs

    What type of property is this?
    Office Property / Space - Luxury Office Suites, 615 sq ft Available
    Where is this office property / space located?
    The property is located at 325 38Th St New York, NY.
    What is the lease rate?
    The lease rate is $0.00-$40 SF/Yr.
    What are key features of this property?
    This property features: Prime Garment District location.; Excellent transit access via Port Authority Bus Terminal, Penn Station, and Hudson Yards.; 7th-floor corner office with prominent street frontage.
    Request Owner's contact information
    325 38Th St New York, NY 10001
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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
    325 38Th St New York, NY 10001
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