Manhattan » 10018 » W 38th St » 325 W 38th St

325 West 38th Street, New York, NY 10018 - Property report

Also known as: 323-327 W 38th St

Property image for 325 West 38th Street, New York, NY 10018

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1929

Lot sq. ft.

7,801

General information

Address

Primary address

325 West 38th Street

Alternate address(es)

323-327 W 38th St

ZIP code

10018

Neighborhood

Garment District

Borough

Manhattan

Block & lot

00762-0019

Building

Property type

Office with Commercial 7-19 Stories (O6)

Building sq. ft.

110,188

Building dimensions

79 ft x 99 ft

Buildings on lot

Stories

Year built

1929

Building material

Tax

Tax year

2026-2027

Property tax

$1,037,418

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

79 ft x 98.75 ft

Lot sq. ft.

7,801

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.11 Miles

Closest fire station

0.18 Miles

View more such as transportation, nearby schools and risk designations.

Units for 325 West 38th Street, New York, NY

Unit 5A

Ownership

Ownership information for 325 West 38th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 325 West 38th Street, New York, NY 10018

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/20/2024 - R 05/10/2024 - D	Asgn of Asgn of L&R (2024052000487002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/20/2024 - R 05/10/2024 - D	Assignment, Mortgage (2024052000487001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/08/2021 - R	UCC3 Termination (2021092800272006)	XXXXXXXXX XXXXXXXXXX X X	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/08/2021 - R	UCC3 Termination (2021092800272005)	XXXXXXXXX XXXXXXXXXX X X	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/08/2021 - R 09/17/2021 - D	Assignment of Leases and Rents (2021092800272009)	XXXX XXXX XX XXX	XXXXX XXXXXXXX XXXX
10/08/2021 - R 09/17/2021 - D	Agreement (2021092800272008)	XXXX XXXX XX XXX	XXXXX XXXXXXXX XXXX
10/08/2021 - R 09/17/2021 - D	Mortgage (2021092800272007)	XXXX XXXX XX XXX	XXXXX XXXXXXXX XXXX
10/08/2021 - R 09/17/2021 - D	Termination of Assign of L&R (2021092800272004)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXXXXXX X X
10/08/2021 - R 09/17/2021 - D	Assignment, Mortgage (2021092800272003)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXXXX XXXXXXXX XXXX
01/03/2020 - R 12/27/2019 - D	Both RPTT and RETT (2019122000100003)	XXXXXXX XXXXXXXXXXXXX X X	XXXXXXXXX XXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 325 West 38th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$1,037,418

Municipal exemptions

Recent tax assessments

Market value

$22,960,000

Assessed value

$10,332,000

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$22,838,000	$10,277,100	$9,085,140	10.848%	$985,556	$985,556	-4.43%
2024/25	$22,742,000	$10,233,900	$9,582,400	10.762%	$1,031,258	$1,031,258	+3.92%
2023/24	$20,820,000	$9,369,000	$9,369,000	10.592%	$992,364	$992,364	+8.74%
2022/23	$19,050,000	$8,572,500	$8,572,500	10.646%	$912,628	$912,628	+6.85%
2021/22	$17,648,000	$7,941,600	$7,941,600	10.755%	$854,119	$854,119	-32.28%
2020/21	$27,150,000	$12,217,500	$11,793,420	10.694%	$1,261,188	$1,261,188	+6.79%
2019/20	$27,946,000	$12,575,700	$11,208,510	10.537%	$1,181,041	$1,181,041	+8.92%
2018/19	$25,688,000	$11,559,600	$10,313,370	10.514%	$1,084,348	$1,084,348	+9.73%
2017/18	$26,920,000	$12,114,000	$9,399,240	10.514%	$988,236	$988,236	+25.09%
2016/17	$23,334,000	$10,500,300	$7,471,260	10.574%	$790,011	$790,011	+9.23%

Permits

Permit information for 325 West 38th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
10/25/2023	Alteration
03/08/2023	Alteration
10/09/2018	Alteration
09/28/2018	Alteration
06/26/2018	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/01/2021	Egrade-failure to post energy grade/score
	02/25/2021	E-elevator elevatorrequired
	09/03/2019	Ll2604s-sprinkler

*Most recent DOB violations on record for this property.

Listings

Commercial listings at 325 West 38th Street, New York, NY 10018

Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
For Lease	Office	$37.34-$42.37/Sq. ft./Year	110,188	05/20/2020	07/23/2025	View listing
For Lease	Office	Listing price not available	110,188	09/29/2020	02/02/2026	View listing
For Lease	Office	$38-$41.78/Sq. ft./Year	110,188	09/29/2020	01/23/2025	View listing
For Lease	Office	$40.32/Sq. ft./Year	110,188	02/10/2025	02/10/2025	View listing

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

8th Ave & 40th St at SW Corner

Station lines

A-C-E-N-Q-R-S-1-2-3-7

Distance (miles)

0.096

View subway map

Access the detailed traffic volume map for 325 West 38th Street, New York, NY 10018 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 325 West 38th Street, New York, NY

585 8th Ave, New York 330 W 39th St, New York 510 9th Ave, New York 331 W 38th St, New York 589 8th Ave, New York 352 W 39th St, New York 341 W 38th St, New York 498 9th Ave, New York 338 W 39th St, New York 333 W 38th St, New York 496 9th Ave, New York 318 W 39th St, New York 351 W 38th St, New York 500 9th Ave, New York 575 8th Ave, New York 310 W 39th St, New York 316 W 39th St, New York 506 9th Ave, New York

Nearby ZIP codes for 325 West 38th Street, New York, NY

10001, New York City, NY 10011, New York City, NY 10016, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 325 West 38th Street, New York, NY 10018?

The development at 325 West 38th Street, New York, NY 10018 was built in 1929.

What is the market value of 325 West 38th Street, New York, NY 10018?

The current market value of 325 West 38th Street, New York, NY 10018 is $22,960,000.

What is the total square footage of 325 West 38th Street, New York, NY 10018?

325 West 38th Street, New York, NY 10018 has a total of 110,188 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 155.

How many active listings does 325 West 38th Street, New York, NY 10018 have?

This address has 6 active listing(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.