307 West 38th Street

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 1,600 Negotiable
$ 27 1,600 $ 3,550
$ / SF SF Monthly Rent
Negotiable 5,000 Negotiable
$ 27 3,900 $ 8,653
$ / SF SF Monthly Rent
Negotiable 16,700 Negotiable
$ 40 5,100 $ 17,000

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 16,700 Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Coworking Office Spaces for Rent

Type of Space Class A Class B Class C
Windowed office/person $ 2,500/mo $ 1,500/mo $ 1,000/mo
Interior office/person $ 1,500/mo $ 1,000/mo $ 700/mo

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
W 38th St & Eight Avenue $ 37 1,000 $ 3,122
Eighth Ave & West 38th Street $ 54 1,500 $ 6,781
Eighth Ave & West 37th Street $ 38 1,000 $ 3,166
W 39th St & Ninth Avenue $ 40 3,000 $ 10,000
Address $ / SF SF Monthly Rent
W 38th St & Eighth Avenue $ 45 4,800 $ 17,860
Fifth Ave & West 39th Street $ 66 4,700 $ 25,850
Address $ / SF SF Monthly Rent
8th Ave & West 38th Street $ 40 5,400 $ 18,000
Eighth Ave & West 39th Street $ 47 5,200 $ 20,150
W 38th St & Eighth Avenue $ 76 8,300 $ 52,566

307 West 38th Street Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 1,000 Negotiable
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
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RZO Advisory Group Testimonial

RZO Advisory Group testimonial

307 West 38th Street

Please contact us today if you are interested in renting office space at 307 West 38th Street. The building is a 20-story structure with 300,000 square feet of Class B office space available for rent. It is situated in the Penn Plaza / Garment district of Manhattan and was constructed in 1933. Currently, the building houses various tenants, including Gay Men's Health Crisis, which occupies approximately 112,000 square feet.

While coworking spaces are not currently provided within the building, we can assist you in finding office spaces for rent without any fees and handle expert negotiations. Our services cater to small, medium, and large options for rent, including sublease arrangements if they are available.

Verizon New York and Level 3 Communications are the fiber providers for this site, and the building's location is strategically positioned near multiple transit options. These include the A, C, E, 1, 2, 3, B, D, F, M, N, Q, R, and 42 St Shuttle train lines. The nearest station, 42 Street-Port Authority Bus Terminal Subway, is just a five-minute walk away.

As of 2021, the average rent has decreased to $35.67 per square foot, which is below market trends. In comparison, the rent in 2020 was $1,687.87 per square foot.

307 West 38th Street Property Overview

Bulding Address: 307 W 38th St
Building Alternate address(es): 307 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:20
Year Built:1933
Building Class:B
Block & lot:00762-0025

Map Location

Internet Providers at 307 West 38th Street

Internet Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber 1 Gb/s 25 Mb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s

Nearby Office Tenants Leased
  • Volunteers of America leased 11,500 SF at 601 Eighth Ave
  • Curb Your Cravings LLC leased 5,400 SF at 575 Eighth Ave
  • Association for Rehabilitative Case Management and Housing leased 3,898 SF at 545 Eighth Ave
  • Avcon Engineering PC leased 3,500 SF at 580 Eighth Ave
  • Mega Shipping leased 1,675 SF at 555 Eighth Ave

Nearby Retail Tenants Leased
  • Vihans leased 3,324 SF at 592 Eighth Ave
  • RHX Stores leased 1,500 SF at 601 Eighth Ave

Office Rent 307 West 38th Street Average

Year $ / SF
2018 51.71
2021 35.67
Year $ / SF
2022 35.0
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