Financial
Distress signals
Property profile

42 38Th St New York, NY 10018

OFF-MARKET
Office Spaces
64,365 SF Built 1936
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service4.2
Laundromat2.2
Butcher1.6

Location

42 38Th St New York, NY 10018
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
420 5th, New York, NY 10018-2729 $13,750,000 Apr 2024 17,326 SF
307 38th, New York, NY 10018-2913 $3,208,685 Dec 2023 11,504 SF
32 39th St, New York, NY 10018-2156 $2,585,000 Oct 2023 2,898 SF
24 40th St, New York, NY 10018-1856 $10,750,000 Oct 2021 3,943 SF
420 5th Ave, New York, NY 10018-0221 $25,100,000 Jun 2019 29,300 SF
620 8th Ave44-a, New York, NY 10018-1618 $991,640,094 Jan 2019 23,354 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 42 38Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message