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48 W 37th St

Garment District, New York, NY
Floors
18
Total Size
57,750 sqft
Lot Size
0 acres
Elevators
3
Year Constructed
1926
Number of Buildings
1
Close To
Port Authority, Penn Station, Grand Central Terminal

Features

Lobby Attendant

Current Availabilities

$45.00
/sqft/yr
Nov 08
ago
Sublease Office
  • Sublease expires Dec 2022
  • Offices
  • Conference Rooms
  • High ceilings
  • Natural light
  • Partial floor opportunity
  • New windows
  • Wood floors
  • Open area
  • Submetered electric
  • Possession arranged
Listing agent for this listing
Seth Godnick, Adams & Company

Additional Features of 48 W 37th St

  • Separate freight entrance

Internet Providers for 48 W 37th St

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Garment District

The typical asking rate per listing is in the $50's per square foot per year. The Garment District submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the New York City market, the Garment District region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Garment District $59
/sqft/yr
2,500
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Garment District