39-43 West 37th Street, New York, NY 10018 – Garment District / Herald Square
Asking Rent: $18,000/month
Space: 6,261 sq ft
Property Type: Office
Rent per Sq Ft: $2.88/month ($34.50/sq ft annualized)
Property Overview
This 6,261-square-foot office space at 39-43 West 37th Street represents an outstanding large-scale value proposition in the core of the Garment District. With an asking rent of $18,000 per month, it offers one of the most efficient per-square-foot costs for a significant footprint in Midtown Manhattan. This space is tailor-made for fashion brands, wholesale showrooms, large creative agencies, tech companies, or corporate back-offices that require expansive floor space for operations, inventory, or a sizable workforce, prioritizing function and cost-savings over a luxury address.
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Space Highlights
- Very large-format office/showroom space of 6,261 sq ft, likely spanning a full floor or multiple contiguous floors.
- Extremely low price per square foot provides unparalleled operational efficiency and cost savings.
- Ideal for fashion wholesale/showroom operations requiring space for racks, samples, and client appointments; also suitable for a large open-plan creative or tech office needing collaboration zones and room for growth.
- Will require a significant capital investment for a full build-out to configure private offices, meeting rooms, open work areas, specialized lighting, and appropriate flooring.
- The substantial square footage allows for highly flexible layouts, including large sample sale areas, training rooms, or multiple departmental hubs.
Location & Neighborhood
- Prime Garment District / Herald Square location on West 37th Street between 5th and 6th Avenues.
- In the historic nucleus of New York’s fashion industry, surrounded by fabric suppliers, trim stores, and complementary businesses.
- Steps from the Empire State Building, Bryant Park, and the Herald Square shopping district.
- Exceptional daily foot traffic from industry professionals, commuters, and tourists.
- Superb transit access: walkable to Penn Station (1/2/3, A/C/E, LIRR, NJ Transit) and multiple subway lines at 34th St-Herald Square (B/D/F/M, N/Q/R/W).
- Walkable to Times Square, Koreatown, and NoMad.
Summary
Priced at $18,000/month ($2.88/sq ft/month), this 6,261 sq ft space at 39-43 West 37th Street is a strategic, high-value real estate investment for space-intensive businesses. The annualized rent of $34.50 per square foot is exceptionally low for Midtown, offering a drastic reduction in per-employee real estate costs. This opportunity is designed for an established company or growing enterprise making a long-term commitment to a central, functional headquarters. It allows a business to design a custom, large-scale work environment that drives productivity and culture, all while minimizing one of its largest fixed expenses. It’s a pragmatic choice for maximizing square footage and operational flexibility in a timeless NYC commercial corridor.
