500 Eighth Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 34 1,700 $ 4,834
$ / SF SF Monthly Rent
$ 34 3,000 $ 8,531
$ / SF SF Monthly Rent
Negotiable 5,000 Negotiable
$ 50 5,000 $ 20,833

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

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

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
8th Ave & West 36th Avenue $ 30 1,300 $ 3,277
W 35th St & Eighth Avenue $ 32 2,400 $ 6,400
W 35th St & Between West 35th Street $ 37 2,100 $ 6,475
W 35th St & Eighth Avenue $ 31 2,100 $ 5,425
Eighth Ave & West 35th Street $ 33 1,200 $ 3,300
Address $ / SF SF Monthly Rent
W 35th St & Eighth Avenue $ 39 3,800 $ 12,350
W 36th St & Eighth Avenue $ 32 3,600 $ 9,600
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 45 13,600 $ 51,000
W 35th St & Seventh Avenue $ 44 10,100 $ 37,075

500 Eighth Avenue Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 1,800 Negotiable
$ / SF SF >Monthly Rent
Negotiable 2,000 Negotiable
$ / SF SF >Monthly Rent
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Double Agent Testimonial

Double Agent testimonial

500 Eighth Avenue

Located in the Penn Plaza/Garment district of Manhattan, 500 Eighth Avenue is a 12-story office building offering 276,000 square feet of Class B office space. Built in 1922, this building has fiber providers such as Verizon New York, Lightower, Level 3 Communications, and tw telecom. We have great deals for small, medium, and large office spaces, including sublease options without any extra fees. The Zip Code for this location is 10018. In 2020, the average rent price for offices at 500 Eighth Avenue was $72.5 per square foot. However, in 2021, the average rent price dropped significantly to $47.0 per square foot, which goes against the market trends seen in other office properties.

500 Eighth Avenue Property Overview

Bulding Address: 500 Eighth Ave
Building Alternate address(es): 500 8th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:12
Year Built:1922
Building Class:B
Block & lot:00785-0001

Map Location

Internet Providers at 500 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
Office Tenants Rented / Leased 500 Eighth Avenue
  • Crystal Digital Graphics leased 1,850 SF
  • Resource Training Center leased 5,000 SF
  • Pearl Spaces LLC leased 23,500 SF
  • Heckler Electric Company leased 2,700 SF
  • Staples Inc. leased 16,000 SF
  • Taco Bell leased 2,000 SF

Nearby Office Tenants Leased
  • University Sports Publications leased 10,000 SF at 519 Eighth Ave
  • Invision Communications leased 6,135 SF at 535 Eighth Ave
  • Multimedia System Design Inc. leased 1,544 SF at 505 Eighth Ave
  • iCorps Technologies leased 1,400 SF at 494 Eighth Ave

Nearby Retail Tenants Leased
  • Designer's Way leased 3,894 SF at 519 Eighth Ave

Office Rent 500 Eighth Avenue Average

Year $ / SF
2018 50.0
2020 72.5
2021 47.0
Year $ / SF
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