42 West 38th Street

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 35 2,200 $ 6,416
$ / SF SF Monthly Rent
$ 35 3,000 $ 8,750

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
W 40th St & Avenue of Americas $ 46 1,800 $ 6,839
Bryant Park & West 42nd Street $ 64 2,900 $ 15,496
Address $ / SF SF Monthly Rent
Fifth Ave & East 38th Street $ 45 3,800 $ 14,250
Broadway & West 38th Street $ 50 4,000 $ 16,625
Address $ / SF SF Monthly Rent
Fifth Ave & West 38th Street $ 76 27,900 $ 176,700
Fifth Ave & East 40th Street $ 72 6,900 $ 41,241
Broadway & West 39th Street $ 60 10,900 $ 54,863
E 40th St & Fifth Avenue $ 71 8,800 $ 51,846
Fifth Ave & East 41st Avenue $ 89 15,600 $ 115,310
Address $ / SF SF Monthly Rent
W 37th St & Avenue of the Americas $ 38 1,500 $ 4,750
W 37th St & Broadway $ 31 2,400 $ 6,225
Address $ / SF SF Monthly Rent
W 37th St & Between 5th Avenue $ 58 3,200 $ 15,560
W 39th St & 6th Avenue $ 31 4,000 $ 10,250
W 38th St & Avenue of the Americas $ 41 3,600 $ 12,210
Address $ / SF SF Monthly Rent
W 37th St & 6th Avenue $ 31 5,600 $ 14,350
W 39th St & Avenue of the Americas $ 41 11,800 $ 40,193
W 37th St & 6th Avenue $ 35 5,200 $ 15,318
W 36th St & Avenue of America $ 51 6,800 $ 29,126
Address $ / SF SF Monthly Rent
Avenue Of The Americas & Between 5th Avenue $ 38 1,700 $ 5,415
W 38th St & Between 5th ave $ 34 1,300 $ 3,683
W 38th St & Between West 37th Street $ 38 2,700 $ 8,550
W 38th St & Avenue of America $ 37 1,600 $ 4,933
W 36th St & Between 5th Avenue $ 33 2,100 $ 5,712
Address $ / SF SF Monthly Rent
W 38th St & Avenue of America $ 36 3,800 $ 11,526
W 37th St & Avenue of the Americas $ 38 4,000 $ 12,666
Address $ / SF SF Monthly Rent
W 37th St & Between 6th Avenue $ 35 5,000 $ 14,750
W 38th St & Fifth Avenue $ 42 5,900 $ 20,822

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease Office Spaces for Rent

Address $ / SF SF Monthly Rent
1 Plz & West 33rd Street $ 72 3,000 $ 18,100
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 85 4,200 $ 29,890
Times Sq & West 41st Street $ 65 4,300 $ 23,148
Park Ave & East 39th Street $ 99 4,200 $ 34,790
Address $ / SF SF Monthly Rent
Fifth Ave & West 33rd Street $ 50 7,900 $ 33,180
E 42nd St & Madison Avenue $ 80 12,700 $ 84,666
Park Ave & East 40th Street $ 84 11,000 $ 76,816
Fifth Ave & East 44th Street $ 65 13,500 $ 73,125
Fifth Ave & East 45th Street $ 57 6,800 $ 32,073
Address $ / SF SF Monthly Rent
W 37th St & Avenue of the Americas $ 46 1,500 $ 5,750
W 36th St & Avenue of the Americas $ 31 2,500 $ 6,500
Broadway & West 39th Street $ 40 1,500 $ 5,000
Address $ / SF SF Monthly Rent
W 37th St & Between 5th Avenue $ 50 3,200 $ 13,333
6th Ave & Between Broadway $ 42 4,400 $ 15,473
Broadway & West 37th Street $ 65 4,500 $ 24,225
Broadway & West 37th Street $ 50 3,000 $ 12,500
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 39th Street $ 32 12,000 $ 32,400
W 35th St & Avenue of America $ 38 6,000 $ 18,899
Address $ / SF SF Monthly Rent
W 36th St & Fifth Avenue $ 34 1,600 $ 4,500
W 33rd St & Broadway $ 39 2,800 $ 9,100
W 39th St & Eighth Avenue $ 39 1,100 $ 3,575
E 33rd St & Madison Avenue $ 40 3,000 $ 10,100
Address $ / SF SF Monthly Rent
E 33rd St & Fifth Avenue $ 47 3,000 $ 11,750
E 33rd St & Fifth Avenue $ 34 3,000 $ 8,500
Address $ / SF SF Monthly Rent
W 37th St & Avenue of the Americas $ 33 9,000 $ 25,050
W 38th St & 5th Avenue $ 48 6,800 $ 27,160
W 39th St & Fifth Avenue $ 43 6,000 $ 21,399

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
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42 West 38th Street

Situated in the Penn Plaza/Garment district of Manhattan, 42 West 38th Street is a 12-story office building that provides a range of rental options, including coworking and subleasing. Spanning across 75,265 square feet, this Class B office space can cater to the requirements of businesses in the 10018 area, with additional leasing and subleasing opportunities nearby. Having been established since 1916, the building has witnessed a significant surge in rental prices in 2020. Currently, the average rent for office spaces stands at $168.38 per square foot, marking a significant increase from $34.0 per square foot in 2019.

42 West 38th Street Property Overview

Bulding Address: 42 W 38th St
Building Alternate address(es): 42 W 38th St
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:12
Year Built:1916
Building Class:B
Block & lot:00839-0070

Map Location



Office Rent 42 West 38th Street Average

Year $ / SF
2019 34.0
2020 168.38
Year $ / SF
2020 36.0
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