505 Eighth Avenue
Class: B + 10018 Buildings Penn Plaza/Garment
Direct Office Spaces for Rent
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Ninth Ave & Between Dyer Avenue | $ 78 | 9,400 | $ 61,393 |
| Manhattan West & Between West 33rd Street | $ 94 | 18,600 | $ 145,777 |
| 2 & West 31st Street | $ 48 | 42,700 | $ 172,401 |
| 9th Ave & Between West 33rd Street | $ 98 | 34,900 | $ 284,580 |
| W 33rd St & Avenue of Americas | $ 55 | 8,100 | $ 37,192 |
| W 42nd St & Between 8th Avenue | $ 48 | 9,400 | $ 37,952 |
| Broadway & West 39th Street | $ 60 | 10,900 | $ 54,863 |
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|
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 |
| Hudson Yards & Between 11th Avenue | $ 135 | 29,300 | $ 330,601 |
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 |
Thank you! we will be in touch.
TPG Rewards Testimonial
505 Eighth Avenue
505 Eighth Avenue is situated in the lively Penn Plaza/Garment district of Manhattan and proudly stands 25 stories tall. This impressive building offers a generous 275,000 square feet of office space for rent, which includes flexible options for subleasing and coworking. It was originally built in 1926 and falls under the Class B category, boasting excellent fiber providers like Verizon New York, Level 3 Communications, Lightower, tw telecom, and Pilot Fiber. The current tenant, Cicatelli Associates, offers subleasing opportunities at an average rental rate of $41.11 per square foot as of 2022. With its advantageous location near major transit stops like A, C, E, 1, 2, 3, B, D, F, M, N, Q, R, and PATH, this building is a perfect choice for commuters.
505 Eighth Avenue Property Overview
| Bulding Address: | 505 Eighth Ave |
| Building Alternate address(es): | 505 8th Ave |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 25 |
| Year Built: | 1926 |
| Building Class: | B |
| Block & lot: | 00759-0037 |
Map Location
Internet Providers at 505 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 |
| Pilot Fiber | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 505 Eighth Avenue
- Multimedia System Design Inc. leased 1,544 SF
- Curtis Partition leased 6,271 SF
- Richmond Home leased 4,631 SF
- Common Ground leased 18,060 SF
- Upwardly Global leased 2,302 SF
- Ettinger Engineering leased 7,629 SF
- NAMI leased 16,752 SF
Nearby Retail Tenants Leased
- Designer's Way leased 3,894 SF at 519 Eighth Ave
- Get Set on 8th Ave leased 1,400 SF at 537 Eighth Ave
Office Rent 505 Eighth Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 48.4 |
| 2019 | 48.0 |
| 2020 | 44.79 |
| 2021 | 39.11 |
| 2022 | 41.11 |
| Year | $ / SF |
|---|---|
| 2022 | 24.0 |
