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Property summary
This exceptional Midtown South office property at 42 W 38th St offers a diverse range of spaces perfect for various business needs. Located in the vibrant Garment District, this 64,365 square foot building boasts a rich history, having been constructed in 1936, and now provides modern amenities for today's businesses. Multiple tenancy options are available, with six individual spaces currently available, ranging from 1,400 to 2,215 square feet. The building caters to a variety of office… styles, including traditional, executive, coworking, medical, and creative office setups, offering flexibility to suit diverse business models. Tenants enjoy convenient 24/7 access with a dedicated doorman, ensuring security and peace of mind. Individual climate control allows for personalized comfort, while abundant natural light creates a welcoming and productive work environment. The building's prime location offers unparalleled accessibility, with easy walking distance to numerous subway lines (A, C, E, N, Q, R, W, S, 4 & 6) and a plethora of bus routes. The surrounding area is brimming with a wide selection of restaurants, bars, and entertainment options, providing employees with a vibrant and convenient work-life balance. This is a truly unique opportunity to secure office space in one of Manhattan's most sought-after locations.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
District is to permit motor vehicle dependent uses that are generally developed as single use developments on individual lots, subject to landscaping, access, and signage standards
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
