The open layout is ideal for creative offices, studio users, production companies, fashion showrooms, e-commerce operations, or light retail/service businesses seeking a centrally located Midtown address at an attractive rent.
Key Features
- Total Size: 2,500 SF
- Asking Rent: $8,000/month ($96,000 annually)
- Price per SF: ~$38/SF annually
- Use Flexibility: Office, creative studio, photography/video, showroom, small production, e-commerce, wellness, or service
- Layout: Open loft floor with potential for conference rooms or private offices
- Ceilings: Loft-style ceilings (high clearance typical of Garment District spaces)
- Windows: Good natural light depending on floor (south/north exposure varies by unit)
- Condition: Landlord-delivered white-box or as-is depending on tenant need
- Utilities: Tenant-controlled HVAC options
Market Profile
Target Tenants:
- Creative agencies
- Fashion showrooms & production
- E-commerce and fulfillment
- Tech startups
- Media, studio, and content creators
- Wellness or service operators
Neighborhood Demand:
The Garment District remains a hub for fashion, design, tech, and media businesses, with strong demand for large, affordable loft-style spaces near Penn Station and Times Square.
Competitive Advantage:
At only $38/SF annually, this space is significantly more affordable than surrounding Midtown office and retail options while offering unmatched connectivity.
Location Advantages
Neighborhood: Garment District – Midtown Manhattan
Nearby:
- Penn Station
- Herald Square / 34th Street
- Times Square
- Macy’s & 34th Street retail corridor
- Major hotels and office towers
Transit:
- 1/2/3/A/C/E at Penn Station
- B/D/F/M/N/Q/R/W at Herald Square
- PATH trains
- Dozens of bus routes
- CitiBike stations nearby
This corridor sees constant foot traffic from commuters, tourists, and office workers.
Financial Highlights
- Monthly Rent: $8,000
- Annual Rent: $96,000
- Price per SF: ~$38/SF annually
- Lease Type: Direct lease with flexible terms depending on tenant profile
- Build-Out: Negotiable
Summary
The 2,500 SF loft space at 124 West 36th Street is an exceptional value opportunity for businesses seeking a centrally located, flexible Midtown Manhattan commercial space. Offering open floor plans, high ceilings, and unbeatable transit access, this space is perfect for creative, professional, or production-based tenants looking for affordability and visibility in a prime location.
