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49 W 37th St

Garment District, New York, NY
Floors
18
Total Size
140,898 sqft
Lot Size
0 acres
Year Constructed
1925
Year Renovated
0
Number of Buildings
1

Current Availabilities

$37.00
/sqft/yr
Dec 05
ago
Premium Sublease Office
  • Sublease expires Sep 2023
  • Term Length: 7 years
  • Offices
  • Conference Rooms
  • Turnkey
  • Reception
  • High ceilings
  • Natural light
  • Plug and play

Efficiently-built office space 7 windowed offices, 5 interior offices Shared conference room, reception and pantry

Listing agent for this listing
Albert Kafif, The Kinneret Group

About 49 W 37th St

This New York City building is located at 49 W 37th Street. This building offers 11 stories with 150,000 square feet available to rent office space.

Located in the Garment District, between Fifth and Sixth Avenues, this building was built by the Spector Group with many extras. This building offers units that can be easily accommodated to all types of office needs.

49 W 37th Street has a new lobby, tenant-controlled HVAC systems, 24/7 building hours and security, as well as private bathrooms on all floors. There is a doorman for this building as well. There are passenger elevators that open directly into offices, as well as a freight elevator for deliveries.

This building offers a variety of units with both private offices and collaborative workspaces. This building is near public transportation, as well as a multitude of shops, eateries, and cafes.

49 W 37th Avenue is a beautiful building with a 19th century style masonry base. There are oversized windows on all floors, with crown molding between the ground floor and the upper floors and the windows.

Internet Providers for 49 W 37th St

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
tw telecom 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