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42 West 38th Street, New York, NY 10018 Property Information

42 West 38th Street, New York, NY 10018 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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42 West 38th Street, New York, NY 10018 2
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Address

Primary address 42 West 38th Street
Secondary address 42-46 W 38th St
Neighborhood Garment District
Zip code 10018
Borough Manhattan
Block & lot 00839-0070

Sales & Tax Overview for 42 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 04/15/2003
Purchase price $11,965,000
Tax class
Estimated property tax $322,234

Lot & Building Information for 42 West 38th Street, New York

Lot sqft 6,123
Lot dimensions 62 ft x 98.75 ft
Building class Office with Commercial 7-19 Stories (O6) i
Building sqft 66,577
Building dimensions 62 ft x 94 ft
Buildings on lot 1
Stories 12
Year built 1916
Year last altered 1989
Construction type
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Zoning & Use for 42 West 38th Street, New York

Zoning
Commercial units 40
Office sqft
Retail sqft
Conversion feasibility index i

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.53 Miles
Closest fire station 0.26 Miles

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

Other Property Data for 42 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 42 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 42 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.

  • 42-46 W 38th St, New York, NY 10018

About 42 West 38th Street, New York

How many sq. ft. does 42 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 42 West 38th Street, New York, NY 10018 has a total of 66,577 square feet and a current price per square foot of $179.

What is the year built & the current market value of 42 West 38th Street, New York, NY 10018?

42 West 38th Street, New York, NY 10018 was built in 1916 and has a current tax assessor's market value of $7,945,000.

How many commercial spaces does this building have?

This building has 40 commercial spaces available for lease. There are 6 active listings at this address.

Ownership Information for 42 West 38th Street, New York

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Property owner name for 42 West 38th Street, New York, NY 10018
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Building contacts for 42 West 38th Street, New York, NY 10018
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 42 West 38th Street, New York

42 West 38th Street
Listing type For Lease
Listing date 07/20/2023
Last updated 01/23/2025
Lot size 0.14 Acre

Office Space In Midtown South, 24 / 7 Access With Doorman, Tenant Controlled A/C, Lots Of Natural Light, Within Walking Distance To The A, C, E, N, Q, R, W, S, 4 & 6 Subway Lines As Well As Plenty Of Buses, Restaurants Bars And Activities All In The Area 

View Listing

Brokers

Sam Hamway
Spaces
Suite name Space type Lease rate Available space Brokers
Unit 1201 Office $35/Sqft/Year 1,671 Sam Hamway
(914) 979-7395
Unit 1001 Office $35/Sqft/Year 2,201 Sam Hamway
(914) 979-7395
Unit 804 Office $35/Sqft/Year 1,548 Sam Hamway
(914) 979-7395
unit 500 Office $35/Sqft/Year 2,215 Sam Hamway
(914) 979-7395
Unit 402 Office $35/Sqft/Year 1,416 Sam Hamway
(914) 979-7395
Unit 1204 Office $35/Sqft/Year 1,400 Sam Hamway
(914) 979-7395
Active Listings For This Property:
For Lease 42 West 38th Street
42 West 38th Street
42 West 38th Street, New York
Property Office
Availability 6 Spaces listed / 10451 Sqft
Price $35/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Past Sales & Property History for 42 West 38th Street, New York

Create a free account to view the complete sales history for 42 West 38th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/15/2003 $11,965,000

Title Documents for 42 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
10/09/2019 - R UCC3 Termination
(2019100700554003)
10/03/2019 - D
10/09/2019 - R
Agreement
(2019100700554005)
10/03/2019 - D
10/09/2019 - R
Mortgage
(2019100700554004)
10/03/2019 - D
10/09/2019 - R
Termination of Assign of L&R
(2019100700554002)
10/03/2019 - D
10/09/2019 - R
Assignment, Mortgage
(2019100700554001)
12/30/2014 - R UCC3 Termination
(2014120801197007)
12/30/2014 - R Initial UCC1
(2014120801197005)
12/01/2014 - D
12/30/2014 - R
Assignment of Leases and Rents
(2014120801197004)
12/01/2014 - D
12/30/2014 - R
Agreement
(2014120801197003)
12/01/2014 - D
12/30/2014 - R
Mortgage
(2014120801197002)
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R: Recorded date
D: Document date

Property Taxes for 42 West 38th Street, New York

Access detailed property tax data for 42 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: $387,843
Estimated property tax: $322,234
Tax assessor's market value: $7,945,000
Assessed value: $3,575,250

Assessment History for 42 West 38th Street, New York

Here's the assessment & property tax history for 42 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 $7,945,000 $3,575,250 $3,575,250 10.848% $387,843 $387,843 +0.01%
2024/25 $8,008,000 $3,603,600 $3,603,600 10.762% $387,819 $387,819 -17.08%
2023/24 $9,812,000 $4,415,400 $4,415,400 10.592% $467,679 $467,679 +5.62%
2022/23 $9,243,000 $4,159,350 $4,159,350 10.646% $442,804 $442,804 +6.23%
2021/22 $8,613,000 $3,875,850 $3,875,850 10.755% $416,848 $416,848 -22.13%

Permits for 42 West 38th Street, New York

The complete history of permits filed for 42 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
06/28/2021 Alteration
05/17/2021 Alteration
05/07/2021 Alteration
05/06/2021 Alteration
10/29/2020 Alteration
10/23/2020 Alteration
10/13/2020 Alteration
09/28/2020 Alteration type 2
08/21/2020 Alteration type 2
08/21/2020 Alteration type 2
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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 Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% 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 6th Ave & 40th St at SE Corner
Station lines B-D-F-M-7
Distance (miles) 0.126
View subway map
Bus Routes
Name 6 Av/W 38 St
Distance (miles) 0.069

Neighbors for 42 West 38th Street, New York

Here are the neighbors for 42 West 38th Street, New York, NY 10018.

Address Square feet Purchase date Purchase price
18 W 38th St, New York 7,140 05/03/2024
69 W 38th St, New York 17,464 09/26/2018 $880,055
26 W 38th St, New York 14,439 05/04/1980
22 W 38th St, New York 60,000 04/30/2025 $54,196
48 W 38th St, New York 120,000 02/05/1996
63 W 38th St, New York 121,060 07/05/2024
36 W 38th St, New York 80,649 05/01/2017 $19,250,000
28 W 38th St, New York 55,870 05/04/1980
20 W 38th St, New York 11,445 02/03/2004
8 W 38th St, New York 112,120 07/31/2024 $35,000,000
1026 Avenue of the Amer, New York 25,000 12/31/2019
38 W 38th St, New York 9,530 09/30/1997
60 W 38th St, New York 32,143 07/21/1994
55 W 38th St, New York 6,000 06/05/2024 $4,100,000
45 W 38th St, New York 76,000 08/24/2011 $15,640,000
58 W 38th St, New York 3,930 12/07/2005 $3,000,000
1024 6th Ave, New York 6,700 12/31/2019
40 W 38th St, New York 11,332 01/01/2019
420 5th Ave, New York 614,127
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