Contacts

Alex Woodlief

B6 Real Estate Advisors

(646) 933-2677

Property Details

Property Type Office - General Office
Property Size 117,431 SF
Building Class B
Year Built 1924
Year Renovated 2018
Date Updated Jan 30, 2024

South side of West 38th Street between Seventh & Eighth Avenues in Penn Plaza.B6 Real Estate Advisors has been retained exclusively to market 256 West 38th Street New York, New York for sale. The Property is an apprx. 117,000 RSF modernized loft office and retail building on the south side of 38th Street between Seventh and Eighth Avenues in Manhattan. The Property presents a unique opportunity to acquire an institutional-quality asset with significant in-place cashflow, high occupancy and little to no required capital expenditures.

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Highlights

MODERNIZED INSTITUTIONAL QUALITY OFFICE & RETAIL ASSET.
SIGNIFICANT OCCUPANCY, CASHFLOW & REMAINING LEASE TERM.
RENOVATED LOBBY, ELEVATORS, HVAC, BATHROOMS & TENANT SPACES.
$5M RECENT CAPITAL IMPROVEMENTS.
IDEAL FLOORPLATES WITH REMARKABLE LIGHT & AIR.
ADJACENT SIGNIFICANT REDEVELOPMENT AND PUBLIC TRANSPORTATION.

Attachments

256 W 38th St_Teaser&CA.pdf (PDF) opens in new window

Getting around

95/100
Walk Score ®
100/100
Transit Score ®
90/100
Bike Score ®

Powered by Walk Score ®

City New York, NY
Neighborhood Garment District
Zip Code 10018
Market Manhattan

Points of Interest

42nd Street–Times Square

0.19 miles
34th Street–Penn Station

0.20 miles
42nd Street–Port Authority Bus Terminal

0.21 miles
Times Square

0.27 miles
7th Avenue & 33rd Street at Northwest Corner

0.27 miles
LIRR & Amtrak Entrance

0.28 miles
New York Penn Station

0.31 miles
42nd Street–Bryant Park

0.33 miles
34th Street & Broadway at Northwest Corner

0.33 miles
34th Street–Herald Square

0.37 miles

ChargePoint

0.28 miles
Mobil

0.38 miles
ChargePoint

0.64 miles
Sunoco

0.72 miles
Mobil

0.83 miles
ChargePoint

0.91 miles
Blink

0.92 miles
Tesla Supercharger

1.01 miles
ChargePoint

1.02 miles
ChargePoint

1.06 miles

Icon Parking

0.27 miles
Herald Square Shopping Court

0.29 miles
Hippodrome Parking

0.43 miles
City Parking

0.49 miles
SP+

0.51 miles
Quik Park

0.53 miles
MPG Manhattan Parking: MP Hudson

0.62 miles
MPG Parking Javits Center

0.72 miles
Select Garages

0.73 miles
Icon

0.76 miles

Doxie Hotel

0.02 miles
Holiday Inn

0.07 miles
Courtyard

0.08 miles
Artel Hotel

0.09 miles
Radisson Hotel

0.10 miles
Element

0.11 miles
Homewood Suites by Hilton New York/Midtown Manhattan Times Square-South, NY

0.11 miles
Aliz Hotel Times Square

0.12 miles
La Quinta Inn & Suites

0.13 miles
Hilton Garden Inn

0.14 miles

Muji

0.10 miles
Target

0.16 miles
Target

0.21 miles
Macy's

0.27 miles
Brooklyn Fare

0.31 miles
Whole Foods Market

0.34 miles
Manhattan Mall

0.39 miles
Smilers Gourmet Deli

0.41 miles
The Food Emporium

0.41 miles
Clinton Gourmet Market

0.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.