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Property profile & analytics
OFF-MARKET
Office Spaces

344 38Th St New York, NY 10018

46,436 SF Built 1936
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1936
Total area 46,436 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Healing perspective new Medical Clinic Alternative Medicine Practice
  • Culture Object Art Gallery
  • SpecialNeedsWare High School
  • Actor's Alliance Studio of New York Theater & Performing Art Venue Vocational School
  • Jane Doe Makeup Halloween Makeup NYC Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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