West 37th Street connects quickly to key West Side corridors (10th/11th Avenues, the West Side Highway, and the Penn Station/Hudson Yards transit core), making the location highly accessible for both customers and logistics.
Retail & Business Use
At 22,167 SF, this is a large-format retail opportunity suited for high-capacity or destination-style uses, such as:
- Fitness flagship (gym, boutique fitness campus, training facility)
- Furniture / home design showroom
- Experiential retail (interactive brand, entertainment concept)
- Large medical / wellness operator
- Specialty market or multi-tenant retail concept (depending on layout and zoning)
This size range often supports strong branding, high throughput, and back-of-house operations that smaller storefronts can’t accommodate.
Financial Details
- Asking rent: $60,000/month
- Approx. rent per SF (annualized): ~$32.48/SF/year (calculated from $60,000 × 12 ÷ 22,167 SF)
Neighborhood Highlights
Nearby demand drivers include:
- Hudson Yards offices, residences, and foot traffic growth
- Proximity to the Javits Center and event-driven demand
- Hotels and new residential towers supporting daily retail needs
- Quick access to the Hudson River waterfront parks and West Side amenities
- Strong connectivity to Penn Station and Midtown destinations
Transportation
Strong transit options include:
- 7 train (34 St–Hudson Yards)
- A / C / E trains (34 St–Penn Station area connections)
- 1 / 2 / 3 trains (Penn Station / Times Sq area connections)
- Multiple bus routes along 34th/42nd Street corridors and north–south avenues
- Fast access to the West Side Highway and Lincoln Tunnel approaches
Summary
508 W 37th Street offers 22,167 SF of Midtown West retail for $60,000/month, delivering a large-format footprint in a rapidly growing West Side corridor near Hudson Yards. With strong accessibility, evolving neighborhood density, and a size suited for destination or experiential concepts, this space is ideal for operators seeking scale in one of Manhattan’s most active development zones.
