262 West 38th Street

262 West 38th Street has about 95,000 square feet of floor area in total, including 89,000 square feet of office and 6,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1924 as the year built. The building is 16 floors tall.

City records list 262-268 West 38th Street on the same tax lot (BBL 1007870076) as 262 West 38th Street. A space listed on Leasemark at any of these addresses shows up on this page.

262 West 38th Street is in ZIP code 10018, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 262 West 38th Street, New York, NY 10018, in the Garment District.

The lot is in the M1-9A zoning district. PLUTO lists a built floor area ratio (FAR) of 14.51 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 262 West 38th Street is 34 St-Penn Station (the A, C and E trains), about 950 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: Times Sq-42 St (the 1, 2, 3, 7, N, Q, R, W, S, A, C and E trains, connected to 42 St-Port Authority Bus Terminal), 4 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists PALOBUENO REAL ESTATE CORP as the owner of record of 262 West 38th Street (BBL 1007870076). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

262 West 38th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 30.9 kBtu per square foot, 44% below the national median of 54.9 for a similar property. Its greenhouse gas emissions were about 289 metric tons of CO2e (3.08 kg per square foot).

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 262 West 38th Street. In the last two years, interior work was permitted on the ground floor. The newest build-out, on the facade and the ground floor, was first permitted in April 2026 (construction, scaffold, neighbor protection; filed cost estimate $407,000). A sidewalk shed permit here is active until October 6, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1007870076. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.51 million for 262 West 38th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $814,849 a year, roughly $8.53 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007870076 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 262 West 38th Street at $16.9 million ($1.72 million of it land) and its assessed value at $7.61 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 6% from 2022/23 ($18 million) to 2026/27.

Owners registered 9 storefronts at 262 West 38th Street for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. A year earlier, 5 of 12 stood vacant. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

No space at 262 West 38th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.