500 Eighth Avenue
Class: B + 10018 Buildings Penn Plaza/Garment
Direct Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 4,600 | Negotiable |
| $ 34 | 3,000 | $ 8,531 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 22,700 | Negotiable |
| $ 29 | 10,000 | $ 24,458 |
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| 2 & West 31st Street | $ 48 | 42,700 | $ 172,401 |
| Ninth Ave & Between Dyer Avenue | $ 78 | 9,400 | $ 61,393 |
| Manhattan West & Between West 33rd Street | $ 94 | 18,600 | $ 145,777 |
| 9th Ave & Between West 33rd Street | $ 98 | 34,900 | $ 284,580 |
| W 33rd St & Avenue of Americas | $ 55 | 8,100 | $ 37,192 |
| Broadway & West 39th Street | $ 60 | 10,900 | $ 54,863 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Eighth Ave & West 36th Street | $ 40 | 3,600 | $ 12,120 |
| Eighth Ave & West 35th Street | $ 36 | 4,300 | $ 13,043 |
| W 36th St & Between West 36th Street | $ 33 | 3,300 | $ 9,075 |
| W 37th St & 7th Avenue | $ 40 | 3,000 | $ 10,000 |
| Eighth Ave & Between 8th Avenue | $ 37 | 4,200 | $ 13,090 |
| 7th Ave & Between 7th Avenue | $ 55 | 4,500 | $ 20,512 |
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
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| $ / SF | SF | Monthly Rent |
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Nearby Sublease Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Penn Plaza & West 33rd Street | $ 48 | 28,600 | $ 113,923 |
| Ninth Ave & Between Dyer Avenue | $ 122 | 16,200 | $ 164,160 |
| Manhattan West & Between West 33rd Street | $ 115 | 31,700 | $ 304,848 |
| Eighth Ave & West 40th Street | $ 51 | 31,500 | $ 134,137 |
| Times Sq & West 41st Street | $ 71 | 9,200 | $ 54,280 |
| W 34th St & Between Hudson Blvd | $ 167 | 29,700 | $ 412,335 |
| Hudson Yards & Eleventh Avenue | $ 142 | 23,300 | $ 274,940 |
| Fifth Ave & West 33rd Street | $ 50 | 7,900 | $ 33,180 |
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,500/mo | $ 1,500/mo | $ 1,000/mo |
| Interior office/person | $ 1,500/mo | $ 1,000/mo | $ 700/mo |
500 Eighth Avenue Retail Spaces for Rent
Retail Spaces for Rent
| $ / SF | SF | >Monthly Rent |
|---|---|---|
| Negotiable | 1,800 | Negotiable |
| $ / SF | SF | >Monthly Rent |
|---|---|---|
| Negotiable | 12,000 | Negotiable |
| $ / SF | SF | >Monthly Rent |
|---|
Thank you! we will be in touch.
Brightwater Fund LLC Testimonial
500 Eighth Avenue
Located in the Penn Plaza/Garment district of Manhattan, 500 Eighth Avenue is a 12-story office building offering 276,000 square feet of Class B office space. Built in 1922, this building has fiber providers such as Verizon New York, Lightower, Level 3 Communications, and tw telecom. We have great deals for small, medium, and large office spaces, including sublease options without any extra fees. The Zip Code for this location is 10018. In 2020, the average rent price for offices at 500 Eighth Avenue was $72.5 per square foot. However, in 2021, the average rent price dropped significantly to $47.0 per square foot, which goes against the market trends seen in other office properties.
500 Eighth Avenue Property Overview
| Bulding Address: | 500 Eighth Ave |
| Building Alternate address(es): | 500 8th Ave |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1922 |
| Building Class: | B |
| Block & lot: | 00785-0001 |
Map Location
Internet Providers at 500 Eighth Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Verizon New York | Fiber | 1 Gb/s | 25 Mb/s |
| Lightower | Fiber | 10 Gb/s | 10 Gb/s |
| Level 3 Communications | Fiber | 10 Gb/s | 10 Gb/s |
| tw telecom | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 500 Eighth Avenue
- Crystal Digital Graphics leased 1,850 SF
- Resource Training Center leased 5,000 SF
- Pearl Spaces LLC leased 23,500 SF
- Heckler Electric Company leased 2,700 SF
- Staples Inc. leased 16,000 SF
- Taco Bell leased 2,000 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- University Sports Publications leased 10,000 SF at 519 Eighth Ave
- Invision Communications leased 6,135 SF at 535 Eighth Ave
- Multimedia System Design Inc. leased 1,544 SF at 505 Eighth Ave
- iCorps Technologies leased 1,400 SF at 494 Eighth Ave
Nearby Retail Tenants Leased
- Designer's Way leased 3,894 SF at 519 Eighth Ave
Office Rent 500 Eighth Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 50.0 |
| 2020 | 72.5 |
| 2021 | 47.0 |
| Year | $ / SF |
|---|
