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Lefcourt Building - 246 West 38th Street, New York, NY 10018 Property Information

Lefcourt Building - 246 West 38th Street, New York, NY 10018 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Lefcourt Building - 246 West 38th Street, New York, NY 10018 2
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Address

Building name Lefcourt Building
Primary address Lefcourt Building - 246 West 38th Street
Secondary address 246-250 W 38th St
Neighborhood Garment District
Zip code 10018
Borough Manhattan
Block & lot 00787-0067

Sales & Tax Overview for 246 West 38th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/17/2017
Purchase price $6,215,000
Tax class
Estimated property tax $790,782

Lot & Building Information for 246 West 38th Street, New York

Lot sqft 7,406
Lot dimensions 75 ft x 98.75 ft
Building class Office with Commercial 7-19 Stories (O6)
Building sqft 96,275
Building dimensions 75 ft x 99 ft
Buildings on lot 1
Stories 14
Year built 1922
Construction type
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Zoning & Use for 246 West 38th Street, New York

Zoning
Commercial units 15
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.20 Miles
Closest fire station 0.04 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 246 West 38th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Lefcourt Building - 246 West 38th Street, New York, NY 10018, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Lefcourt Building - 246 West 38th Street, New York, NY 10018, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 246-250 W 38th St, New York, NY 10018

About 246 West 38th Street, New York

How many sq. ft. does Lefcourt Building - 246 West 38th Street, New York, NY 10018 have & what is the price per sq. ft?

This Office with Commercial 7-19 Stories (O6) located at Lefcourt Building - 246 West 38th Street, New York, NY 10018 has a total of 96,275 square feet and a current price per square foot of $64.

What is the year built & the current market value of Lefcourt Building - 246 West 38th Street, New York, NY 10018?

Lefcourt Building - 246 West 38th Street, New York, NY 10018 was built in 1922 and has a current tax assessor's market value of $16,723,000.

How many commercial spaces does this building have?

This building has 15 commercial spaces available for lease. There are 3 active listings at this address.

Ownership Information for 246 West 38th Street, New York

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Property owner name for Lefcourt Building - 246 West 38th Street, New York, NY 10018
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Building contacts for Lefcourt Building - 246 West 38th Street, New York, NY 10018
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 246 West 38th Street, New York

246 West 38th Street
Listing type For Lease
Listing date 11/09/2025
Last updated 12/18/2025
View Listing

Brokers

Nicholas Dullea
Spaces
Suite name Space type Lease rate Available space Brokers
Prime Midtown Creative Office With High Exposed Ceilings and Large Sun-Filled Windows for Lease Office Building $324/Sqft/Year 2,000 Nicholas Dullea
(212) 203-5338
246 West 38th Street
Listing type For Lease
Listing date 08/06/2020
Last updated 04/29/2026
Lot size 0.17 Acre
View Listing

Brokers

Alexander Kesseler
Ariel Harwood
J. D. Cohen
Spaces
Suite name Space type Lease rate Available space Brokers
#503 Creative Office Listing price not available 3,200 J. D. Cohen
Ariel Harwood
Alexander Kesseler

Spaces for Sale in 246 West 38th Street, New York

No photo available
246 West 38th Street - 5th Floor
Listing type For Sale
Listing date 04/26/2023
Last updated 04/24/2026

Creative loft space in the heart of the Penn Plaza submarket

The floor can be delivered vacant or with a tenant in place

Very low maintenance charges

Attended lobby with two recently renovated passenger elevators

Separate freight entrance and elevator

Close proximity to Hudson Yards, Penn Station, Grand Central, Port Authority, nearly every subway line and the PATH train

Annual Maintenance Charges (inclusive of real estate taxes): $95,089 ($10.80/RSF)

High ceilings, concrete floors and large windows overlooking 38th Street

View Listing

Brokers

Michael Rudder
Justin M. Harris
Active Listings For This Property:
For Lease 246 West 38th Street
246 West 38th Street
246 West 38th Street, New York
Property Office
Availability 1 Spaces listed / 2000 Sqft
Price $324/Sqft/Year
For Lease 246 West 38th Street
246 West 38th Street
246 West 38th Street, New York
Property General Office
Availability 1 Spaces listed / 3200 Sqft
Price Listing price not available
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Past Sales & Property History for 246 West 38th Street, New York

Create a free account to view the complete sales history for 246 West 38th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/17/2017 $6,215,000

Title Documents for 246 West 38th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
01/30/2025 - R UCC3 Termination
(2025013000230001)
01/21/2025 - R Initial Coop UCC1
(2025012100707001)
01/16/2025 - R Initial Coop UCC1
(2025011600682001)
02/24/2017 - R Initial UCC1
(2017022400115004)
02/17/2017 - D
02/24/2017 - R
Assignment of Leases and Rents
(2017022400115003)
02/17/2017 - D
02/24/2017 - R
Agreement
(2017022400115002)
02/17/2017 - D
02/24/2017 - R
Mortgage
(2017022400115001)
01/17/2017 - D
01/26/2017 - R
Both RPTT and RETT
(2017012300226001)
12/16/2014 - R Initial UCC1
(2014120600078004)
11/26/2014 - D
12/16/2014 - R
Assignment of Leases and Rents
(2014120600078003)
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R: Recorded date
D: Document date

Property Taxes for 246 West 38th Street, New York

Access detailed property tax data for Lefcourt Building - Lefcourt Building - 246 West 38th Street, New York, NY 10018. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $729,225
Estimated property tax: $790,782
Tax assessor's market value: $16,723,000
Assessed value: $7,525,350

Assessment History for 246 West 38th Street, New York

Here's the assessment & property tax history for 246 West 38th Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $16,723,000 $7,525,350 $6,722,210 10.848% $729,225 $729,225 +2.43%
2024/25 $16,484,000 $7,417,800 $6,615,265 10.762% $711,935 $711,935 +0.84%
2023/24 $16,408,000 $7,383,600 $6,665,474 10.592% $706,007 $706,007 +3.83%
2022/23 $15,466,000 $6,959,700 $6,386,751 10.646% $679,934 $679,934 +31.98%
2021/22 $10,645,000 $4,790,250 $4,790,250 10.755% $515,191 $515,191 -22.42%

Permits for 246 West 38th Street, New York

The complete history of permits filed for 246 West 38th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
09/24/2024 No work
08/12/2024 Alteration
04/29/2024 Alteration
12/13/2023 Alteration
11/09/2023 Alteration
10/17/2023 Alteration
10/17/2023 Alteration
10/11/2023 Alteration
09/13/2023 Alteration
09/13/2023 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 8th Ave & 40th St at SE Corner
Station lines A-C-E-N-Q-R-S-1-2-3-7
Distance (miles) 0.126
View subway map
Bus Routes
Name 8 Av/W 37 St
Line M34A+
Distance (miles) 0.083

Neighbors for 246 West 38th Street, New York

Here are the neighbors for Lefcourt Building - Lefcourt Building - 246 West 38th Street, New York, NY 10018.

Address Square feet Purchase date Purchase price
584 8th Ave, New York 45,136 01/17/2001
230 W 38th St, New York 137,887 11/14/2012
256 W 38th St, New York 96,736 11/14/2025
554 8th Ave, New York 272,142 06/26/1998
225 W 37th St, New York 163,103 11/14/2012
237 W 37th St, New York 64,280 07/25/2007
580 8th Ave, New York 72,649 12/19/2018 $17,705,951
273 W 38th St, New York 13,155 06/12/2002
247 W 38th St, New York 130,010 05/24/2018
247 W 37th St, New York 214,130 02/11/1997
570 8th Ave, New York 4,251 01/14/1983
257 W 38th St, New York 78,325 02/11/1980
262 W 38th St, New York 95,491 01/15/2013
263 W 38th St, New York 146,377 03/25/2015
241 W 37th St, New York 87,802 04/24/2001
242 W 38th St, New York 47,661 09/23/1999
240 W 38th St, New York 6,468 10/23/2008 $5,500,000
228 W 38th St, New York 12,245 05/09/2002
500 7th Ave, New York 4,475 01/28/2011
221 W 37th St, New York 21,180 05/25/2022 $15,450,000
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