Commercial Space for Lease – 124 West 36th Street, New York, NY 10018

Asking Rent: $8,000 / Month
Size: 2,500 SF
Price per SF: ~$38/SF annually
Property Type: Commercial Loft / Office / Creative Space
Location: Midtown – Garment District (10018)
Availability: Immediate

Property Overview

124 West 36th Street offers 2,500 square feet of flexible commercial loft space in the heart of the Garment District. Positioned between 7th and Broadway, this location benefits from heavy foot traffic, excellent transit access, and proximity to major office towers, wholesale showrooms, and retail corridors.

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.