561 Seventh Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 1,500 Negotiable
$ / SF SF Monthly Rent
Negotiable 3,900 Negotiable
$ 33 3,900 $ 10,603

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 40th Street $ 63 2,200 $ 11,582
W 40th St & Avenue of Americas $ 46 1,800 $ 6,839
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 50 4,100 $ 17,202
Times Sq & West 41st Street $ 73 3,400 $ 20,591
Broadway & West 38th Street $ 50 4,000 $ 16,625
Address $ / SF SF Monthly Rent
Times Sq & Between 7th Avenue $ 72 30,400 $ 181,703
W 42nd St & Seventh Avenue $ 89 17,500 $ 130,229
W 41st St & Between West 40th Street $ 51 16,200 $ 68,613
Broadway & West 39th Street $ 60 10,900 $ 54,863
Address $ / SF SF Monthly Rent
W 41st St & Seventh Avenue $ 34 2,900 $ 8,246
Broadway & West 39th Street $ 44 1,400 $ 5,133
Seventh Ave & West 38th Street $ 39 1,800 $ 5,906
W 39th St & Eight Avenue $ 31 3,000 $ 7,687
Broadway & West 39th Street $ 31 1,600 $ 4,100
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
7th Ave & West 40th Street $ 46 5,800 $ 22,426
Broadway & West 41st Street $ 70 13,200 $ 76,670
Seventh Ave & West 40th Street $ 39 12,000 $ 38,625
W 40th St & Eight Avenue $ 33 10,500 $ 29,203
Address $ / SF SF Monthly Rent
W 40th St & Eighth Avenue $ 35 1,100 $ 3,208
W 38th St & Between 6th Avenue $ 37 2,800 $ 8,633
W 39th St & Eighth Avenue $ 39 1,600 $ 5,200
W 39th St & Eight Avenue $ 39 2,300 $ 7,475
Address $ / SF SF Monthly Rent
Broadway & West 40 Street $ 46 3,000 $ 11,425
W 39th St & Seventh Avenue $ 34 4,700 $ 13,316
W 39th St & Eighth Avenue $ 41 4,200 $ 14,507
Address $ / SF SF Monthly Rent
W 39th St & Seventh Avenue $ 36 8,000 $ 24,233
W 38th St & Seventh Avenue $ 40 9,200 $ 30,935

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
Fifth Ave & East 44th Street $ 50 3,300 $ 13,750
Address $ / SF SF Monthly Rent
Eighth Ave & West 40th Street $ 51 31,500 $ 134,137
Times Sq & West 41st Street $ 71 9,200 $ 54,280
Fifth Ave & East 44th Street $ 65 13,500 $ 73,125
Fifth Ave & East 45th Street $ 57 6,800 $ 32,073
Fifth Ave & West 33rd Street $ 50 7,900 $ 33,180
Address $ / SF SF Monthly Rent
Broadway & West 39th Street $ 46 2,700 $ 10,350
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 50 3,000 $ 12,500
6th Ave & Between Broadway $ 42 4,400 $ 15,473
Broadway & Eighth Avenue $ 61 3,200 $ 16,213
Broadway & West 37th Street $ 65 4,500 $ 24,225
Address $ / SF SF Monthly Rent
W 40th St & Eight Avenue $ 36 13,900 $ 42,163
Bryant Park & 6th Avenue $ 60 14,000 $ 69,766
Avenue of the Americas & West 39th Street $ 32 12,000 $ 32,400
Seventh Ave & West 35th Street $ 51 6,000 $ 25,300
Address $ / SF SF Monthly Rent
W 39th St & Eighth Avenue $ 39 1,100 $ 3,575
W 36th St & Fifth Avenue $ 34 1,600 $ 4,500
E 36th St & Between 5th Avenue $ 50 1,600 $ 6,666
W 33rd St & Broadway $ 39 2,800 $ 9,100
Seventh Ave & West 30th Street $ 45 2,700 $ 10,125
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 39th St & Fifth Avenue $ 43 6,000 $ 21,399
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 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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RZO Advisory Group Testimonial

RZO Advisory Group testimonial

561 Seventh Avenue

Located in the bustling Penn Plaza/Garment neighborhood of Manhattan, 561 Seventh Avenue is a 21-story office building. With 80,470 square feet of rentable space, this class B building, constructed in 1925, provides a range of rental options, from small to large offices. Although there are currently no co-working spaces available, we can negotiate on your behalf to secure the best deals in the area at no additional cost.

This building is serviced by fiber providers Level 3 Communication and Level 3 Communications, and there may be nearby sublease options as well. When considering renting office space here, it's essential to note that the rental rates per square foot have followed market trends. In 2022, the average rate was $50.0 per square foot, compared to $46.0 per square foot in 2020.

For commuters heading to 561 Seventh Avenue, there are several transit options to choose from. The Times Square-42 Street Subway Station is just a three-minute walk away and grants access to multiple train lines, including 1, 2, 3, 42 St Shuttle, 7, N, Q, and R. A five-minute walk will take you to the 42 Street-Bryant Park Subway Station, providing access to the B, D, F, and M lines. Additionally, within a six-minute walk, you can reach the 42 Street-Port Authority Bus Terminal Subway Station, offering access to the A, C, and E lines. The 34 Street-Penn Station Subway Station, with access to the 1, 2, and 3 lines, is just a seven-minute walk away, while the 5 Avenue-Bryant Park Subway Station, providing access to the 7 line, requires a nine-minute walk.

561 Seventh Avenue Property Overview

Bulding Address: 561 Seventh Ave
Building Alternate address(es): 561 7th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:21
Year Built:1925
Building Class:B
Block & lot:00993-0001

Map Location

Internet Providers at 561 Seventh Avenue

Internet Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 561 Seventh Avenue
  • Beyond the Rack leased 3,944 SF
  • NIC+ZOE leased 2,900 SF
  • LAJ Trading LLC leased 1,023 SF
  • Thomas S. Fleishall & Associates PC leased 3,491 SF
  • Lazarus & Harris LLP leased 3,944 SF
  • MMG Advisors leased 3,540 SF
  • Resource Options leased 1,500 SF

Retail Tenants Rented / Leased 561 Seventh Avenue
  • Wasabi leased 3,400 SF
Nearby Office Tenants Leased
  • Jay Suites leased 21,711 SF at 1441 Broadway
  • Cayre family apparel co. leased 20,000 SF at 1412 Broadway
  • Polo Ralph Lauren leased 13,756 SF at 525 Seventh Ave
  • Hiscock & Barclay leased 12,500 SF at 7 Times Sq
  • Liz Claiborne leased 11,000 SF at 1440 Broadway
  • Top Value Inc. leased 3,000 SF at 1431 Broadway
  • Backflips Inc. leased 2,256 SF at 1411 Broadway

Nearby Retail Tenants Leased
  • Sephora leased 13,000 SF at 5 Times Sq
  • Chase leased 10,000 SF at 1411 Broadway
  • Naturalizer leased 1,935 SF at 1460 Broadway
  • Baja Fresh leased 1,800 SF at 1441 Broadway
  • Pret A Manger leased 1,700 SF at 530 Seventh Ave
  • Coffee Bean & Tea Leaf leased 1,500 SF at 1412 Broadway
  • Mexicue leased 1,142 SF at 1440 Broadway
  • Sabon LLC leased 665 SF at 1450 Broadway
  • Atrevete Inc. leased 528 SF at 1466 Broadway

Office Rent 561 Seventh Avenue Average

Year $ / SF
2019 58.5
2020 46.0
2022 50.0
Year $ / SF
2019 57.5
2021 39.54
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