545 Eighth Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 1,000 Negotiable
$ 25 1,000 $ 2,093
$ / SF SF Monthly Rent
Negotiable 3,400 Negotiable
$ 25 3,400 $ 7,118
$ / SF SF Monthly Rent
Negotiable 8,000 Negotiable

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 40th Street $ 63 2,200 $ 11,582
Address $ / SF SF Monthly Rent
Penn Plaza & West 33rd Street $ 66 3,900 $ 21,612
1 Plz & West 33rd Street $ 74 3,900 $ 24,082
Broadway & West 38th Street $ 50 4,000 $ 16,625
Address $ / SF SF Monthly Rent
W 42nd St & Between 8th Avenue $ 48 9,400 $ 37,952
Times Sq & West 41st Street $ 89 31,200 $ 232,440
Ninth Ave & Between Dyer Avenue $ 78 9,400 $ 61,393
Times Sq & Between 7th Avenue $ 72 30,400 $ 181,703
Broadway & West 39th Street $ 60 10,900 $ 54,863
Address $ / SF SF Monthly Rent
W 38th St & Between West 37th Street $ 35 1,000 $ 2,916
W 39th St & Ninth Avenue $ 35 3,000 $ 8,750
Eighth Ave & W 35th Street $ 34 1,700 $ 4,834
Address $ / SF SF Monthly Rent
Eighth Ave & Between 8th Avenue $ 37 4,200 $ 13,090
W 36th St & Between West 36th Street $ 33 3,300 $ 9,075
Eighth Ave & West 36th Street $ 40 3,600 $ 12,120
Address $ / SF SF Monthly Rent
W 38th St & Eight Avenue $ 40 5,100 $ 17,000
Eighth Ave & West 36th Street $ 32 6,000 $ 15,750
W 37th St & Eight Avenue $ 37 5,200 $ 16,033
Address $ / SF SF Monthly Rent
W 38th St & Eighth Avenue $ 33 1,100 $ 3,029
W 38th St & Eight Avenue $ 38 1,100 $ 3,492
Address $ / SF SF Monthly Rent
W 37th St & Eight Avenue $ 36 3,500 $ 10,616
Eighth Ave & West 39th Street $ 40 3,500 $ 11,681
8th Ave & West 38th Street $ 35 3,400 $ 9,945
W 38th St & Eighth Avenue $ 41 3,300 $ 11,398
Eighth Ave & West 39th Street $ 39 3,400 $ 11,050
Address $ / SF SF Monthly Rent
W 37th St & Eight Avenue $ 36 5,300 $ 15,767
W 37th St & Eighth Avenue $ 38 5,200 $ 16,618

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
1 Plz & West 33rd Street $ 72 3,000 $ 18,100
Address $ / SF SF Monthly Rent
Times Sq & West 41st Street $ 65 4,300 $ 23,148
Avenue of the Americas & West 43rd Street $ 85 4,200 $ 29,890
Address $ / SF SF Monthly Rent
Eighth Ave & West 40th Street $ 51 31,500 $ 134,137
Penn Plaza & West 33rd Street $ 48 28,600 $ 113,923
Times Sq & West 41st Street $ 71 9,200 $ 54,280
Ninth Ave & Between Dyer Avenue $ 122 16,200 $ 164,160
Manhattan West & Between West 33rd Street $ 115 31,700 $ 304,848
W 34th St & Between Hudson Blvd $ 167 29,700 $ 412,335
Address $ / SF SF Monthly Rent
W 36th St & Between 8th Avenue $ 36 2,400 $ 7,280
Broadway & West 39th Street $ 46 2,700 $ 10,350
Broadway & West 39th Street $ 40 1,500 $ 5,000
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 40 4,500 $ 14,850
Broadway & West 37th Street $ 50 3,000 $ 12,500
Broadway & West 37th Street $ 65 4,500 $ 24,225
Address $ / SF SF Monthly Rent
W 40th St & Eight Avenue $ 36 13,900 $ 42,163
W 41st St & Eight Avenue $ 45 8,100 $ 30,105
Seventh Ave & West 35th Street $ 51 6,000 $ 25,300
Address $ / SF SF Monthly Rent
Seventh Ave & West 30th Street $ 45 2,700 $ 10,125
W 36th St & Fifth Avenue $ 34 1,600 $ 4,500
W 33rd St & Broadway $ 39 2,800 $ 9,100
Address $ / SF SF Monthly Rent
W 37th St & Eighth Avenue $ 35 4,400 $ 12,833
W 27th St & Seventh Avenue $ 36 3,600 $ 10,920
Address $ / SF SF Monthly Rent
W 35th St & Between West 35th Street $ 33 5,300 $ 14,751
W 37th St & Avenue of the Americas $ 33 9,000 $ 25,050
W 39th St & Fifth Avenue $ 43 6,000 $ 21,399
W 38th St & 5th Avenue $ 48 6,800 $ 27,160

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
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545 Eighth Avenue

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

Map Location

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

Office Rent 545 Eighth Avenue Average

Year $ / SF
2018 43.95
2019 43.95
2020 45.23
2021 37.0
Year $ / SF
2019 41.0
2020 25.76
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