40 37Th St, New York, NY 10018
This exceptional office building at 40 W 37th St, situated in the vibrant Garment District of Midtown South, offers a diverse range of office spaces to suit various business needs. Built in 1923 and renovated in 1927, the building boasts 55,000 square feet of total space, with available units ranging from 221 to 3,578 square feet. The property caters to multiple tenants and offers a variety of office styles, including traditional, executive, coworking, and creative office spaces. The building features attractive 9-11 foot ceilings and is move-in ready. A freight elevator adds to the convenience. Individual tenant-controlled HVAC systems provide optimal climate control. The location is unparalleled, placing businesses within easy walking distance of Bryant Park, Times Square, Grand Central Terminal, and Herald Square. Excellent public transportation access is provided via the B, D, F, M, N, Q, R subway lines and the PATH train, as well as numerous bus routes. A wealth of restaurants, bars, and other amenities are readily available in the immediate vicinity. This property presents a unique opportunity to establish a presence in one of Manhattan's most sought-after commercial districts. The building is located in New York County, NY, zip code 10018.
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CDS Design and Consulting Inc. Consultant
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Park Ridge International Inc Real Estate Agency
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Tannery Direct Industrial Manufacturer
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Chi Chi Ny Inc Big Box & Wholesale Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.