9 East 38th Street

9 East 38th Street has about 59,000 square feet of floor area in total, including 49,000 square feet of office and 10,000 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, with a major alteration recorded in 2015. The building is 12 floors tall.

City records list 9-11 East 38th Street on the same tax lot (BBL 1008680012) as 9 East 38th Street. A space listed on Leasemark at any of these addresses shows up on this page.

9 East 38th Street is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 9 East 38th Street, New York, NY 10016, in Grand Central.

The lot is in the C5-2.5 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.78 and a maximum commercial FAR of 12 for this lot.

The closest subway station to 9 East 38th Street is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 1000 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 4 min walk; 33 St (the 6 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 9 EAST 38TH STREET REALTY LLC as the owner of record of 9 East 38th Street (BBL 1008680012). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

9 East 38th Street last sold in February 2013 in a $29 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. 38 STREET AE LLC sold it to 9 EAST 38TH STREET OWNER LLC. The deed is ACRIS document 2013022600831001 (BBL 1008680012) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

9 East 38th Street reported an ENERGY STAR score of 82 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 82 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 40.8 kBtu per square foot, 40% below the national median of 67.6 for a similar property. Its greenhouse gas emissions were about 244 metric tons of CO2e (4.13 kg per square foot).

At its 2024 energy use, 9 East 38th Street comes to about 196 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 469 tons for 2024 to 2029 (42% of the limit), so it would owe no penalty. From 2030 the limit drops to 166 tons and the same energy use counts as about 128 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

The Department of Buildings issued no permits for new jobs at 9 East 38th Street in the 12 months to October 2026; the last one was first permitted in April 2025. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in April 2025 (construction; filed cost estimate $52,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008680012. 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 $5.85 million for 9 East 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 $634,159 a year, roughly $10.71 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008680012 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 9 East 38th Street at $13.7 million ($4.04 million of it land) and its assessed value at $6.16 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 11% from 2022/23 ($12.3 million) to 2026/27.

Owners registered one storefront at 9 East 38th Street for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. 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 9 East 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.