Lefcourt Building - 246 West 38th Street, New York, NY 10018 Property Information
Lefcourt Building - 246 West 38th Street, New York, NY 10018 Property Information
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- Owner
- Documents
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- Neighborhood
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 | Register |
| Estimated property tax | $790,782 |
Lot & Building Information for 246 West 38th Street, New York
| Lot sqft | 7,406 |
| Lot dimensions | |
| Building class | Office with Commercial 7-19 Stories (O6)
|
| Building sqft | 96,275 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 14 |
| Year built | 1922 |
| Construction type | Register |
Area Overview
| 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
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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
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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Spaces for Lease in 246 West 38th Street, New York
| Listing type | For Lease |
|---|---|
| Listing date | 11/09/2025 |
| Last updated | 12/18/2025 |
Brokers
| 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 |
| Listing type | For Lease |
|---|---|
| Listing date | 08/06/2020 |
| Last updated | 04/29/2026 |
| Lot size | 0.17 Acre |
Brokers
| 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
| 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
Brokers
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 | Register | Register |
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.
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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.
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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.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| 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 |