This exceptional Midtown South property, located at 203-205 W 38th St in the Garment District, offers a unique opportunity for businesses seeking flexible and modern office space. Built in 2021, this two-building complex totals 22,143 square feet and provides multiple tenancy options. Tenants can choose from individual suites ranging from 2,009 to 4,018 square feet, or combine spaces for larger footprints. Each floor offers the potential for 4,018 square feet of contiguous space. The property boasts attractive features including elevator access, private bathrooms, and a desirable outdoor rooftop deck. Its prime location just off 7th Avenue (Fashion Avenue) provides unparalleled convenience, with easy access to numerous subway lines (1, 2, 3, 7, N, Q, R & W) and a wealth of nearby amenities including restaurants, bars, and various other businesses. The space is currently shell space, allowing for complete customization to suit individual tenant needs. This is a full building opportunity for a discerning tenant seeking a modern, well-located, and versatile office space in the heart of Midtown South. The property is ideally suited for a variety of uses, including traditional office, executive office, coworking, creative office, and even medical office spaces.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,223,560
Hospitality
$2,036,769
Educational
$1,694,568
Medical
$1,752,846
Retail
$2,635,994
Location Insight
City
New York
County
New York
State
New York
Latitude
40.7538
Longitude
-73.9889
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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