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 |
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| W 42nd St & Between 8th Avenue | $ 48 | 9,400 | $ 37,952 |
| Times Sq & West 41st Street | $ 89 | 31,200 | $ 232,440 |
| Times Sq & Between 7th Avenue | $ 72 | 30,400 | $ 181,703 |
| Ninth Ave & Between Dyer Avenue | $ 78 | 9,400 | $ 61,393 |
| W 43rd St & Eight Avenue | $ 70 | 57,100 | $ 332,250 |
| Broadway & West 39th Street | $ 60 | 10,900 | $ 54,863 |
| Address | $ / SF | SF | Monthly Rent |
|---|
Sublease Office Spaces for Rent
Nearby Sublease Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 40th Street | $ 51 | 31,500 | $ 134,137 |
| Times Sq & West 41st Street | $ 71 | 9,200 | $ 54,280 |
| Penn Plaza & West 33rd Street | $ 48 | 28,600 | $ 113,923 |
| Ninth Ave & Between Dyer Avenue | $ 122 | 16,200 | $ 164,160 |
| Manhattan West & Between West 33rd Street | $ 115 | 31,700 | $ 304,848 |
| W 34th St & Between Hudson Blvd | $ 167 | 29,700 | $ 412,335 |
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 |
307 West 38th Street Retail Spaces for Rent
Retail Spaces for Rent
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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.
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
Nearby Retail 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 |
