42 38Th St New York, NY 10018
This exceptional office property at 42 W 38th St, situated in the vibrant Garment District of Midtown South, offers a diverse range of office spaces to suit various business needs. The building, constructed in 1936, boasts a total of 64,365 square feet and currently features multiple tenancies. Available spaces range from 1,400 to 2,215 square feet, providing flexibility for businesses of all sizes. The building offers a variety of office subtypes including traditional office, executive office, coworking, medical office, and creative office spaces, catering to a wide spectrum of professional requirements. Tenants enjoy convenient 24/7 access with a doorman, individual tenant-controlled air conditioning for optimal comfort, and abundant natural light to create a productive work environment. The location is unparalleled, offering easy access to a multitude of transportation options including the A, C, E, N, Q, R, W, S, 4, and 6 subway lines, as well as numerous bus routes. The surrounding area is rich with restaurants, bars, and various other amenities, providing a dynamic and convenient setting for your business. This property presents a unique opportunity to establish your presence in one of Manhattan's most sought-after commercial districts. Inquire today to explore the available spaces and secure your ideal office location.
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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.