501 Seventh Avenue, situated in the Penn Plaza/Garment district, was built in 1923 and offers 18 stories of Class B office space for lease, totaling 495,639 square feet. Notable occupants of the building include PVH Corp., New York State Office of General Services, and Argo Group. Although there are currently no coworking options available, potential tenants can take advantage of flexible agreements and negotiation options without additional fees. The building is located in the 10018 zip code area and enjoys a prime location close to various subway stations such as 34 St-Penn Station, 34 St-Herald Square, Times Square-42 St, and 33 St Subway Stations. In 2020, the average rental price for office space stands at $145.26 per square foot, which aligns with current market trends and may present subleasing opportunities.
501 Seventh Avenue Property Overview
Bulding Address: | 501 Seventh Ave |
Building Alternate address(es): | 501 7th Ave |
Zip Code: | 10018 |
Neighborhood: | Penn Plaza/Garment |
Borough: | Manhattan |
Stories: | 18 |
Year Built: | 1923 |
Building Class: | B |
Block & lot: | 00813-0001 |
Office Tenants Rented / Leased 501 Seventh Avenue- Reunited LLC leased 5,360 SF
- Mode & Beyond, Inc. leased 2,243 SF
- United Corporate Services Inc. leased 3,136 SF
- P. Devos Designs Inc. leased 2,322 SF
- Quinstreet Inc. leased 2,608 SF
- Balticare Inc. leased 2,885 SF
- Bebert Limited leased 2,752 SF
Retail Tenants Rented / Leased 501 Seventh Avenue- Empire State Realty Trust leased 9,660 SF
- Potbelly Sandwich Shop leased 8,397 SF
- Chipotle Mexican Grill leased 4,824 SF
Nearby Office Tenants Leased- Metropolitan Transportation Authority leased 68,000 SF at 469 Seventh Ave
- Paris Accessories leased 40,000 SF at 1385 Broadway
- Micro Office Solutions leased 20,000 SF at 1375 Broadway
- Phat Farm leased 11,000 SF at 512 Seventh Ave
- William Esper Studio leased 7,300 SF at 498 Seventh Ave
- BMR Energy leased 3,543 SF at 1359 Broadway
- Silhouette NYC LLC leased 1,548 SF at 1407 Broadway
Nearby Retail Tenants Leased- Fresh & Co. leased 5,500 SF at 1359 Broadway
- Udizine leased 2,600 SF at 498 Seventh Ave
- Nanoosh leased 1,700 SF at 469 Seventh Ave
- Pie Face leased 1,378 SF at 1407 Broadway
- Crumbs leased 1,300 SF at 1385 Broadway
- General Nutrition Center leased 958 SF at 512 Seventh Ave