545 Eighth Avenue is a well-known office building located in the thriving Penn Plaza/Garment district of Manhattan. Standing tall at 24 stories, this Class B-rated workspace offers a generous 167,000 square feet of rental space, catering to small, medium, and large businesses. Although there are currently no coworking options available, our team can provide personalized assistance in securing the best deals for coworking at this address, without charging any fees.
For those interested in sublease options, 545 Eighth Avenue may have suitable solutions. The office building falls under the zip code 10018 and enjoys the services of fiber providers such as Verizon New York, Lightower, and Cablevision/Lightpath. As far as pricing is concerned, the average office rent per square foot at 545 Eighth Avenue in 2021 is $37.0, which is a decrease from the average rent of $45.23 in 2020. Despite the overall upward trend in rental costs, 545 Eighth Avenue has managed to maintain reasonable rates.
Accessibility is a definite advantage of 545 Eighth Avenue, with numerous transit options available in close proximity. Within a short walk, you can conveniently access the 34th Street-Penn Station Subway Station, which serves the A, C, and E lines, as well as the 42nd Street-Port Authority Bus Terminal Subway Station. Other nearby train lines include the 1, 2, and 3 lines at the 34th Street-Penn Station Subway Station and the 1, 2, 3, 42 St Shuttle, 7, N, Q, and R lines at the Times Square-42 Street Subway Station, all within a 7-8 minute walk. Moreover, the 34th Street-Herald Square Subway Station, hosting the B, D, F, M, N, Q, and R train lines, is just a 10-minute walk away.
545 Eighth Avenue Property Overview
Bulding Address: | 545 Eighth Ave |
Building Alternate address(es): | 545 8th Ave |
Zip Code: | 10018 |
Neighborhood: | Penn Plaza/Garment |
Borough: | Manhattan |
Stories: | 24 |
Year Built: | 1927 |
Building Class: | B |
Block & lot: | 00761-0033 |
Internet Providers at 545 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 |
Cablevision/Lightpath |
Fiber |
10 Gb/s |
10 Gb/s |
Office Tenants Rented / Leased 545 Eighth Avenue- Association for Rehabilitative Case Management and Housing leased 3,898 SF
- Fritz-McDonald Company leased 1,659 SF
- Babel Fair leased 742 SF
- The Moving Center leased 915 SF
- Silhouette Studio Digital leased 1,000 SF
- Edifice Real Estate Partners leased 6,301 SF
- Subway leased 3,496 SF
Nearby Retail Tenants Leased- Vihans leased 3,324 SF at 592 Eighth Ave
- Get Set on 8th Ave leased 1,400 SF at 537 Eighth Ave