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Sublease Highlights

  • Positioned in Midtown Manhattan’s Diamond District, steps from Rockefeller Center and Fifth Avenue.
  • Surrounded by a dense mix of retail, dining, and entertainment venues.
  • Excellent transit access with multiple subway lines within a 5-minute walk and Grand Central Terminal nearby.
  • Convenient access to LaGuardia, JFK, and Newark airports for regional and international travel.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 4th Floor, Ste 402
  • 290 SF
  • Negotiable
  • $66.00 /SF/YR $5.50 /SF/MO $19,140 /YR $1,595 /MO
  • Office
  • Partial Build-Out
  • April 01, 2026

Space for rent on 48th street, directly off the BDFM subway line and close proximity to Grand Central. Free Wi-Fi and security alarm available. Lease amount is negotiable.

  • Sublease space available from current tenant
  • Mostly Open Floor Plan Layout
  • 1 Conference Room
  • Central Air and Heating
  • High Ceilings
  • NYC Diamond District
  • Partially Built-Out as Standard Office
  • Fits 3 People
  • Finished Ceilings: 10’
  • Security System
  • Hardwood Floors
Space Size Term Rental Rate Space Use Condition Available
4th Floor, Ste 402 290 SF Negotiable $66.00 /SF/YR $5.50 /SF/MO $19,140 /YR $1,595 /MO Office Partial Build-Out April 01, 2026

4th Floor, Ste 402

Size
290 SF
Term
Negotiable
Rental Rate
$66.00 /SF/YR $5.50 /SF/MO $19,140 /YR $1,595 /MO
Space Use
Office
Condition
Partial Build-Out
Available
April 01, 2026

4th Floor, Ste 402

Size 290 SF
Term Negotiable
Rental Rate $66.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available April 01, 2026

Space for rent on 48th street, directly off the BDFM subway line and close proximity to Grand Central. Free Wi-Fi and security alarm available. Lease amount is negotiable.

  • Sublease space available from current tenant
  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 3 People
  • 1 Conference Room
  • Finished Ceilings: 10’
  • Central Air and Heating
  • Security System
  • High Ceilings
  • Hardwood Floors
  • NYC Diamond District

Property Overview

Located in the heart of Midtown Manhattan’s Diamond District, 38 W 48th Street offers a highly connected office environment within one of New York City’s most dynamic commercial corridors. The property benefits from its proximity to Rockefeller Center, Times Square, and Fifth Avenue, placing tenants within walking distance of world-class dining, retail, and entertainment options. The building provides convenient access to multiple subway lines, including B, D, F, M, N, Q, R, and W trains, all within a short walk. Grand Central Terminal is less than half a mile away, offering regional rail connectivity via Metro-North and the Long Island Rail Road. Major airports including LaGuardia, JFK, and Newark are all accessible within 30 minutes by car, supporting both local and international business operations.

Property Facts

Building Type
Office
Year Built
1926
Building Height
11 Stories
Building Size
33,151 SF
Building Class
C
Typical Floor Size
3,013 SF

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • 7th
  • Dev Valencia
  • Manufacturing
  • 5th
  • Diamond Atelier
  • Manufacturing
  • 11th
  • Jewelers Refining Group
  • Manufacturing
  • 4th
  • Jocale Studio
  • Real Estate
  • 8th
  • Jsa Jewelry
  • Manufacturing
  • 11th
  • Marco Polo Precious Metals
  • Wholesaler
  • 3rd
  • NAAM
  • Manufacturing
  • 1st
  • Reilly’s Plates & Pours
  • Accommodation and Food Services
  • 6th
  • Tajia Diamonds
  • Retailer
  • 6th
  • Takat Gems
  • Retailer
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39792370

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 38 W 48th St, New York, NY 10036

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