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57 W 38th St

Garment District, New York, NY
Floors
16
Total Size
65,043 sqft
Lot Size
0 acres
Year Constructed
1914
Year Renovated
0
Number of Buildings
1

Features

Lobby Attendant
Close To Public Transit

About 57 W 38th St

Completed in 1914, this New York building is located at 57 West 38th Street in Midtown. Office units in this 16-floor high rise provide space ranging from approximately 2,750 to nearly 5,550 square feet.

Situated close to Penn Station, subways, Grand Central and the Port Authority, this New York office is easy to get to via all modes of travel. The prestigious 5th Avenue is only steps away from this building which adds to the convenient location.

Enjoy access to 57 West 38th Street 24 hours a day, 7 days a week. The building's lobby has been recently refurbished for a contemporary look and feel, and the elevators are new for tenant and client safety and convenience.

Large new windows provide the rental units with great natural light and excellent views of New York. The layouts of the office spaces vary, as some have glass front offices, while others contain completely open workspaces with multiple windowed offices.

At over 210 feet tall, 57 West 38th Street provides a two-toned stone facade. The lighter-colored bottom stone draws guests into the building, while the darker upper stone allows the building to stand out amongst its neighbors.

Internet Providers for 57 W 38th St

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 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
3,372
sqft

Median Rate over Time in Garment District