5 West 37th Street
Class: B + 10018 Buildings Penn Plaza/Garment
Direct Office Spaces for Rent
Nearby Office Spaces for Rent
| 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 |
| E 40th St & Fifth Avenue | $ 71 | 8,800 | $ 51,846 |
| Madison Ave & East 39th Street | $ 51 | 26,600 | $ 112,662 |
| Fifth Ave & East 41st Avenue | $ 89 | 15,600 | $ 115,310 |
| Madison Ave & East 35th Street | $ 53 | 18,600 | $ 81,723 |
Sublease Office Spaces for Rent
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Nearby Sublease Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
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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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Double Agent Testimonial
5 West 37th Street
Located in the Garment district/Penn Plaza neighborhood of Manhattan, the office building at 5 West 37th Street offers a wide range of options for coworking, renting, leasing, and subleasing. Built in 1921, this Class B office space covers nearly 96,000 sq ft and is connected to multiple fiber providers, such as Verizon New York, Level 3 Communications, and tw telecom. With a variety of office sizes available to meet different business needs, the leasing rates for 2022 have significantly decreased to $27.5 per sq ft from last year's $32.86 per sq ft, making it an attractive and cost-effective choice in the area.
5 West 37th Street Property Overview
| Bulding Address: | 5 W 37th St |
| Building Alternate address(es): | 5 W 37th St |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1921 |
| Building Class: | B |
| Block & lot: | 00839-0034 |
Map Location
Internet Providers at 5 West 37th 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 |
| tw telecom | Fiber | 10 Gb/s | 10 Gb/s |
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Totes Isotoner leased 29,000 SF at 420 Fifth Ave
Nearby Retail Tenants Leased
- Hole in the Wall Coffee leased 200 SF at 420 Fifth Ave
Office Rent 5 West 37th Street Average
| Year | $ / SF |
|---|---|
| 2018 | 38.0 |
| 2019 | 38.4 |
| 2020 | 36.85 |
| 2021 | 32.86 |
| 2022 | 27.5 |
| Year | $ / SF |
|---|---|
| 2018 | 39.0 |
