Manhattan commercial building facade at 55 West 38th Street, with ornate upper stories and storefronts.
Vacant office with marble-patterned walls, pale wood flooring, and a dark exposed ceiling.
55 W 38th Street office building facade between two ornate brick buildings.
Vacant office with exposed brick walls, light wood flooring, and an exposed beam ceiling.
Vacant office with exposed brick walls, visible ceiling beams and utilities, and a light wood-look floor.
Vacant commercial interior with dramatic marble walls, dark wood paneling, and a glass entrance.
Vacant office with exposed brick walls, ceiling beams, and marble-patterned and textured wall panels.
Empty office interior with marble-pattern walls, pale wood flooring, and an exposed black ceiling.
Vacant office room with light flooring, black baseboards, and an open doorway.
Empty room with a dramatic gray-veined marble-look accent wall and pale wood-look flooring.
Bathroom with dramatic gray-and-gold veined marble walls, white vanity, and modern toilet.
Vacant office room with a veined marble accent wall and light wood-look flooring.
SEE ALL PHOTOS
Manhattan commercial building facade at 55 West 38th Street, with ornate upper stories and storefronts.
Vacant office with marble-patterned walls, pale wood flooring, and a dark exposed ceiling.
55 W 38th Street office building facade between two ornate brick buildings.
Vacant office with exposed brick walls, light wood flooring, and an exposed beam ceiling.
Vacant office with exposed brick walls, visible ceiling beams and utilities, and a light wood-look floor.
Vacant commercial interior with dramatic marble walls, dark wood paneling, and a glass entrance.
Vacant office with exposed brick walls, ceiling beams, and marble-patterned and textured wall panels.
Empty office interior with marble-pattern walls, pale wood flooring, and an exposed black ceiling.
Vacant office room with light flooring, black baseboards, and an open doorway.
Empty room with a dramatic gray-veined marble-look accent wall and pale wood-look flooring.
Bathroom with dramatic gray-and-gold veined marble walls, white vanity, and modern toilet.
Vacant office room with a veined marble accent wall and light wood-look flooring.
For Sale

55 W 38th St, New York, NY 10018

55 W 38th St, New York, NY 10018

$7,300,000

Positioned in the heart of Midtown Manhattan, 55 West 38th St., presents a versatile acquisition opportunity for investors, developers, owner-users, and end users seeking a strategic Manhattan presence. The property offers 25,185 square feet of buildable area, including 19,191 square feet of additional development potential. With a maximum FAR of 15 for residential, commercial, and community facility uses, the property supports a range of potential strategies, including owner occupancy, repositioning, expansion, investment, or future redevelopment, subject to applicable zoning and approvals. Ideally located near Bryant Park, Fifth Avenue, Times Square, and major transportation, the property offers flexibility, long-term value, and multiple potential paths for ownership.

The offering is distinguished by its combination of an established Midtown location, existing improvements, and substantial unused development potential. This allows prospective purchasers to evaluate a tailored business plan based on their individual objectives, whether focused on immediate use, long-term ownership, repositioning the existing asset, expanding its current footprint, or pursuing a more comprehensive redevelopment strategy.

Its central location provides convenient access to Manhattan’s primary business, retail, hospitality, entertainment, and transportation destinations. Surrounded by some of the city’s most recognizable landmarks and commercial corridors, 55 West 38th Street offers the visibility, accessibility, and connectivity sought by a wide range of users and ownership profiles.

For investors and developers, the property presents an opportunity to control a strategically located Midtown asset with meaningful development potential. For owner-users and end users, it provides the ability to establish a long-term presence while retaining valuable flexibility for future growth, expansion, or redevelopment. Together, these attributes create a compelling Manhattan acquisition opportunity with both immediate utility and significant long-term potential.

Investment Highlights

  • Heavy foot traffic
  • Flexible opportunity for investors, developers, owner-users, and end users
  • Transportation Hub
  • 25,185 square feet of total buildable area
  • Prime Midtown Manhattan location near Bryant Park, Fifth Avenue, and Times Square

6,000 Sq.Ft. LIVING AREA

0.04 Acres lot

Dominique Florio

Dominique Florio

Francesca Baglio

Francesca Baglio

Features & Amenities

Interior

  • other interior Features Office Space, Flexible Layout

Area & Lot

  • Status For Sale
  • Living Area6,000 Sq.Ft.
  • Lot Area0.04 Acres
  • TypeCommercial
  • Space TypeOffice
  • YEAR BUILT1915

Exterior

  • STORIES4

Financial

  • Sales Price$7,300,000
  • Price per Area$1,217 per Sq.Ft.
  • Zoning M1-6
Vacant office with marble-patterned walls, pale wood flooring, and a dark exposed ceiling.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 55 W 38th St, New York, NY 10018. We are reviewing your request and will be in touch shortly!
Change time

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
Reset
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Your future investment awaits

We pride ourselves in providing personalized solutions that bring our clients closer to their dream properties and enhance their long-term wealth.
Let's Connect

Follow Me on Instagram

Contact Details

FLORIO NEW YORK

Phone

(516) 509-5476

Email

[email protected]

Address

372 W BROADWAY NEW YORK NY 10012

Submit a Message

Message sent successfully!