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38th Street

38th Street
Brooklyn, NY 11218
Residential, Leasing/Rental, Multifamily

38th Street is a 12,243 square foot property built in 2013 in the Kensington neighborhood of Brooklyn. The property has 6 total units and has an occupancy classification of "five to six families."

  • Address 38th Street
  • neighborhood Kensington
  • borough Brooklyn
  • owner entity 3RD AVENUE MANAGEMENT
  • floors 4
  • Year Built 2013
  • residential units 6
  • total units 6
  • square feet 12,243
  • block and lot 3-05300-0072
  • Event Financing
  • Address 66 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Price $ 125,000,000
  • Publication Date 02/23/2019
  • Event Date 02/20/2019
  • Party 1 Gotham Organization
  • Party 1 Brokerage Greystone Bassuk Group
  • Party 1 Broker Drew Fletcher, Matthew Klauer, Steven Deck
  • Party 2 Wells Fargo
notes
The owner secured a loan of $125 million for the Garment District property.
  • Event Sales
  • Address 126 East 38th Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Price $ 11,000,000
  • Publication Date 02/16/2019
  • Event Date 02/13/2019
  • Party 1 Carlin America
  • Party 2 Lia Holdings
notes
The buyer secured the Murray Hill property for $11 million.
  • Event Office Leasing
  • Address 262 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,208
  • Publication Date 01/11/2019
  • Event Date 01/11/2019
  • Party 1 Palobueno Real Estate
  • Party 1 Brokerage Falcon Properties
  • Party 2 PJS Electric
  • Party 2 Brokerage SquareFoot
  • Party 2 Broker Owen Reda
notes
The tenant inked a lease for the Garment District space.
  • Event Retail Leasing
  • Address 240 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 3,400
  • Publication Date 01/11/2019
  • Event Date 01/10/2019
  • Party 1 Ka Won Realty
  • Party 2 Fabric City
  • Party 2 Brokerage Winick Realty Group
  • Party 2 Broker Richard Smith
notes
The fabric store inked a lease for the Garment District building.
  • Event Office Leasing
  • Address 209 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 900
  • Price per foot $ 45.00
  • Publication Date 10/15/2018
  • Event Date 10/09/2018
  • Party 1 Newmark Knight Frank
  • Party 1 Brokerage GFP Real Estate
  • Party 1 Broker Matthew Mandel
  • Party 2 TM Enterprises
  • Party 2 Brokerage HSP Real Estate Group
  • Party 2 Broker Evan Lieberman
notes
The tenant inked a lease for the Garment District space which had an asking rent of $45 per square foot.
  • Event Office Leasing
  • Address 209 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 900
  • Price per foot $ 45.00
  • Publication Date 10/15/2018
  • Event Date 10/09/2018
  • Party 1 Newmark Knight Frank
  • Party 1 Brokerage GFP Real Estate
  • Party 1 Broker Matthew Mandel
  • Party 2 Shah Safari
  • Party 2 Brokerage HSP Real Estate Group
  • Party 2 Broker Evan Lieberman
notes
The tenant signed a lease for the Garment District location which had an asking rent of $45 per square foot.
  • Event Office Leasing
  • Address 8 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,700
notes
The vision services provider signed a 12-year lease for the Garment District location.
  • Event Office Leasing
  • Address 8 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 3,500
notes
The residential real estate firm inked a 5-year lease for the Garment District space.
  • Event Retail Leasing
  • Address 18 West 38th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 1,950
notes
The tenant signed a lease for the Midtown building.
  • Event Office Leasing
  • Address 8 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 11,200
  • Price per foot $ 49.00
notes
The fashion software firm inked a 4-year sublease for the Garment District building at $49 per square foot.
  • Event Retail Leasing
  • Address 210 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,200
notes
The coffee chain inked a lease in the Garment District.
  • Event Financing
  • Address 32 West 38th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 7,198
  • Price $ 3,000,000
  • Publication Date 04/17/2018
  • Event Date 04/13/2018
  • Party 1 Pan Express Travel
  • Party 2 32 West 38th Street 1 LLC
notes
The owner secured a $3 million loan for the Midtown South building.
  • Event Office Leasing
  • Address 15 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 90,000
  • Publication Date 04/02/2018
  • Event Date 03/29/2018
  • Party 1 Hudson's Bay
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Laura Pomerantz, Maria Travlos
  • Party 2 Jay Suites
  • Party 2 Brokerage BLACKre
  • Party 2 Broker Sean Black
notes
The coworking company inked a 17-year sublease in the Garment District.
  • Event Sales
  • Address 32 West 38th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 7,198
  • Price $ 10,000,000
  • Publication Date 04/17/2018
  • Event Date 03/21/2018
  • Party 1 Wootos Realty
  • Party 2 Pan Express Travel
notes
The buyer acquired the Midtown South building for $10 million.
  • Event Office Leasing
  • Address 21 West 38th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,465
  • Publication Date 02/21/2018
  • Event Date 02/15/2018
  • Party 1 38 Realty
  • Party 2 Site Safety
notes
The construction safety company inked a lease in the Garment District.
  • Event Office Leasing
  • Address 307 West 38th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 112,000
notes
The nonprofit care provider for those with HIV/AIDS inked a 30-year lease in Hudson Yards.
  • Event Financing
  • Address 515 West 38th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Price $ 134,000,000
  • Publication Date 11/13/2017
  • Event Date 11/08/2017
  • Party 1 Imperial Companies
  • Party 2 Metropolitan Life
notes
The owner acquired a $134 million mortgage for the 34-story tower.
  • Event Sales
  • Address 256 West 38th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 270,000
  • Price $ 155,000,000
  • Price per foot $ 580.00
notes
The buyers acquired the property for $155 million.
  • Event Financing
  • Address 256 West 38th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 270,000
  • Price $ 85,000,000
  • Publication Date 11/13/2017
  • Event Date 11/07/2017
  • Party 1 Investcorp, Brickman
  • Party 2 MetLife
notes
The owner acquired an $85 million loan for the properties.
  • Event Retail Leasing
  • Address 1973 38th Street
  • Neighborhood Astoria
  • Borough Queens
  • Square feet 14,100
notes
The auto parts store inked a lease in the mixed-use building.
  • Event Office Leasing
  • Address 29 West 38th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 7,150
notes
The global engineering design firm inked a lease.
  • Event Financing
  • Address 308 East 38th Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 93,314
  • Price $ 76,000,000
  • Publication Date 10/01/2017
  • Event Date 08/31/2017
  • Party 1 Gaia Real Estate; Acro Group
  • Party 2 Blackstone Mortgage Trust
notes
The two firms acquired a loan for $76 million for a condo conversion.
  • Event Retail Leasing
  • Address 263 West 38th Street
  • Unit Part- 12th FL
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 1,750
  • Price per foot $ 49.00
notes
The interior designer signed a 5-year lease.
  • Event Sales
  • Address 21-80 38th Street
  • Neighborhood Astoria
  • Borough Queens
  • Square feet 32,328
  • Price $ 23,000,000
  • Price per foot $ 711.45
notes
The 35-resi unit and 6-comm unit building was purchased for $23 million
  • Event Sales
  • Address 36 West 38th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 4,345
  • Price $ 19,250,000
  • Price per foot $ 4,430.37
  • Publication Date 06/01/2017
  • Event Date 04/17/2017
  • Party 1 Gemini Real Estate Advisors
  • Party 2 Joginder Sharma
notes
The 4,345 sf lot was sold in auction for $19.3 million.
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11/03/2017
Clockwise from left: 220 36th Street, 135-15 39th Avenue and 375 West Broadway The city's 10 biggest retail lease deals signed in October totaled 160,840 square Clockwise from left: 220 36th Street, 135-15 39th Avenue and 375 West Broadway The city's 10 biggest retail lease deals signed in October totaled 160,840 square...

06/15/2017
Clockwise from bottom left: Gulf Avenue site on Staten Island, rendering of 351 West 38th Street, 809 Neptune Avenue and a rendering of Cornell Clockwise from bottom left: Gulf Avenue site on Staten Island, rendering of 351 West 38th Street, 809 Neptune Avenue and a rendering of Cornell...

01/02/2015
The suspicion, anger and lack of trust over money can make the atmosphere at 111 Centre Street in Lower Manhattan seem a lot like The suspicion, anger and lack of trust over money can make the atmosphere at 111 Centre Street in Lower Manhattan seem a lot like...

09/01/2014
From left: the $118.5M penthouse listing at the Ritz Carlton, Israel Englander and his co-op at 740 Park Avenue This year may not be over From left: the $118.5M penthouse listing at the Ritz Carlton, Israel Englander and his co-op at 740 Park Avenue This year may not be over...

08/01/2011
Pricing in parts of Midtown is still enough of a discount from the peak to attract tenants from the outer boroughs. For example, in mid-June, Jacmel Jewelry leased 23,500 square feet at 1385 Broadway, at 38th Street, taking the entire eighth floor, and moving its executive offices and showroom from Long Island City...

10/01/2010
Savanna’s other two purchases were also acquired through distressed notes. It paid about $42 million for a controlling interest in 386 Park Avenue South, where Anthony Westreich’s Monday Properties had defaulted on its loan. Savanna bought the property and then paid down the nonperforming loan to take control, but Monday Properties remains a minority owner. Savanna reportedly plans to spend more than $40 million on renovations, leasing up the property and other expenses. Savanna’s third acquisition was an office building at 63 West 38th Street in January 2009, which it sold nine months later for $29.5 million...

10/01/2010
James Emden, a vice chairman at Colliers International, signed up a tenant last month looking to relocate into about 15,000 square feet. The tenant, Job Path, a nonprofit that assists the developmentally disabled in finding jobs, has a lease at 22 West 38th Street that does not expire until early 2012, but decided to start looking now to take advantage of the current low prices...

06/01/2004
Among his transactions in 2003, he considers the lease renewal for New York Presbyterian Hospital on 38th Street off First Avenue one of his biggest deals...