307 West 38th Street

307 West 38th Street has about 225,000 square feet of floor area in total, including 197,000 square feet of office and 28,000 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 1927 as the year built. The building is 20 floors tall.

City records list 307-317 West 38th Street and 308 West 39th Street on the same tax lot (BBL 1007627503) as 307 West 38th Street. A space listed on Leasemark at any of these addresses shows up on this page.

307 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 307 West 38th Street, New York, NY 10018, in the Garment District.

The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 13.07 and a maximum commercial FAR of 10 for this lot.

The closest subway station to 307 West 38th Street is 42 St-Port Authority Bus Terminal (the A, C, E, 1, 2, 3, 7, N, Q, R, W and S trains, connected to Times Sq-42 St), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 4 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.

307 West 38th Street is a condominium of 37 tax lots. GLENHILL ASSOCIATES LLC, one of 3 owners of record on the roll, owns the units that make up 50% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1007627503). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 307 West 38th Street. One investment manager files 13F holdings reports from the address: Moerus Capital Management LLC. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

307 West 38th Street reported an ENERGY STAR score of 75 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 75 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 72.5 kBtu per square foot, 30% below the national median of 104.2 for a similar property. Its greenhouse gas emissions were about 1,536 metric tons of CO2e (5.84 kg per square foot).

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 307 West 38th Street. In the last two years, interior work was permitted on 8 floors (floors 1, 6, 7, 11, 15 and 18 to 20). The newest build-out, on floor 19, was first permitted in July 2026 (construction; filed cost estimate $69,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007627503. 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 $10.4 million for 307 West 38th Street (the sum of its 37 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.12 million a year, roughly $4.99 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007627503 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 307 West 38th Street at $48.9 million ($4.55 million of it land) and its assessed value at $22 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 17% from 2022/23 ($42 million) to 2026/27.

Owners registered 7 storefronts at 307 West 38th Street for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2023. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

No space at 307 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.