344 38Th St New York, NY 10018
This exceptional office space at 344 W 38th St, situated in the vibrant Garment District of Midtown West, offers a variety of flexible options for businesses of all sizes. The building, constructed in 1936, boasts a total of 46,436 square feet and currently has four available spaces ranging from 500 to 2,500 square feet. The property is categorized as a Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, providing versatility to accommodate diverse business needs. The building features a freight elevator, ensuring efficient handling of goods, and offers 24/7 access for maximum convenience. Its prime location in New York County provides unparalleled access to public transportation, with easy walking distance to numerous subway lines (A, C, E, 1, 2, 3, B, D, F, M, N, Q, R, W & 7) and bus routes. The surrounding area is rich with restaurants, bars, and various amenities, creating a dynamic and convenient work environment. This multi-tenant building presents a fantastic opportunity to establish a presence in one of Manhattan's most sought-after commercial districts. The property is located in the 10018 zip code.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.