Listing Courtesy of Compass
$975,000
Potential Rebate: $14,625
This classic loft is a dream come true! With its soaring 12’2” beamed ceilings, numerous oversized windows, and its generous amount of open space for live/work, it does not get more “NY Loft” than this. There is fantastic natural light throughout and northern and eastern exposures with city views. The loft has a flexible layout that can be used as is, and it also provides the opportunity for one to reconfigure the space and create a one bedroom or two bedroom home with an additional home office or sleeping space. There are numerous ways to make this loft your dream home. The windowed kitchen is open and has a breakfast bar, great storage, plenty of counter space and new appliances. The bathroom is generously sized. There is a large area that is perfect for storage that can make a wonderful walk-in closet.
348 West 38th Street is a classic pre-war loft conversion. The building formerly housed a printing press and now the co-op occupies the seven uppermost floors of the building. It has an Art Deco lobby, a key-locked elevator, intercom security and two communal laundry rooms. Pets and pied a terres are allowed. The building has excellent financials and there is no underlying mortgage. The co-op is under a proprietary Master Lease until December 31, 2179.
Conveniently located in a thriving neighborhood, 348 West 38th Street is near Hudson Yards, Midtown, the Theater District, the HighLine, local shopping spots such as Esposito Meat Market and Brooklyn Fare, wonderful restaurants and multiple transportation options.
$6,871 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$14,625
Monthly savings impact
$41/mo
Effective Purchase Price
$960,375
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20056246
RLS at REBNY

2.5%
Experience
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20056246
RLS at REBNY

Compare average listing prices and value metrics for 348 West 38th Street against the surrounding Hudson Yards market.
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
than the Hudson Yards price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

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