501 Seventh Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 2,600 Negotiable
$ / SF SF Monthly Rent
$ 41 4,500 $ 15,328
$ / SF SF Monthly Rent
Negotiable 7,600 Negotiable

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 4,500 Negotiable
$ / SF SF Monthly Rent
Negotiable 5,000 Negotiable
$ / 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
Seventh Ave & West 38th Street $ 75 1,200 $ 7,450
Broadway & West 38th Street $ 72 1,900 $ 11,320
Seventh Ave & West 38th Street $ 81 1,200 $ 8,050
Address $ / SF SF Monthly Rent
7th Ave & West 37th Street $ 32 3,200 $ 8,500
Broadway & West 37th Street $ 31 4,700 $ 12,043
Address $ / SF SF Monthly Rent
7th Ave & West 37th Street $ 76 5,900 $ 37,366
W 36th St & Seventh Avenue $ 54 7,100 $ 32,097
Broadway & West 39th Street $ 52 12,800 $ 55,200
W 36th St & Seventh Avenue $ 60 6,800 $ 34,141

501 Seventh Avenue Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 800 Negotiable
$ / SF SF >Monthly Rent
Negotiable 1,100 Negotiable
$ / SF SF >Monthly Rent
Negotiable 2,000 Negotiable
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501 Seventh Avenue

501 Seventh Avenue, situated in the Penn Plaza/Garment district, was built in 1923 and offers 18 stories of Class B office space for lease, totaling 495,639 square feet. Notable occupants of the building include PVH Corp., New York State Office of General Services, and Argo Group. Although there are currently no coworking options available, potential tenants can take advantage of flexible agreements and negotiation options without additional fees. The building is located in the 10018 zip code area and enjoys a prime location close to various subway stations such as 34 St-Penn Station, 34 St-Herald Square, Times Square-42 St, and 33 St Subway Stations. In 2020, the average rental price for office space stands at $145.26 per square foot, which aligns with current market trends and may present subleasing opportunities.

501 Seventh Avenue Property Overview

Bulding Address: 501 Seventh Ave
Building Alternate address(es): 501 7th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:18
Year Built:1923
Building Class:B
Block & lot:00813-0001

Public Transportation

Time and Distance from 501 Seventh Avenue New York, NY 10018
Transit / Subway Distance Walk
34 Street-Penn Station (1,2,3 Line) 0.2 mi 4 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.3 mi 5 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.3 mi 6 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.3 mi 6 min
34 Street-Penn Station (A,C,E Line) 0.4 mi 7 min

Map Location

Office Tenants Rented / Leased 501 Seventh Avenue
  • Reunited LLC leased 5,360 SF
  • Mode & Beyond, Inc. leased 2,243 SF
  • United Corporate Services Inc. leased 3,136 SF
  • P. Devos Designs Inc. leased 2,322 SF
  • Quinstreet Inc. leased 2,608 SF
  • Carolina Herrera leased 16,166 SF
  • Warnaco Group Inc. leased 14,337 SF

Retail Tenants Rented / Leased 501 Seventh Avenue
  • Empire State Realty Trust leased 9,660 SF
  • Potbelly Sandwich Shop leased 8,397 SF
  • Chipotle Mexican Grill leased 4,824 SF
Nearby Office Tenants Leased
  • Metropolitan Transportation Authority leased 68,000 SF at 469 Seventh Ave
  • Paris Accessories leased 40,000 SF at 1385 Broadway
  • Micro Office Solutions leased 20,000 SF at 1375 Broadway
  • Phat Farm leased 11,000 SF at 512 Seventh Ave
  • William Esper Studio leased 7,300 SF at 498 Seventh Ave
  • BMR Energy leased 3,543 SF at 1359 Broadway
  • Silhouette NYC LLC leased 1,548 SF at 1407 Broadway

Nearby Retail Tenants Leased
  • Fresh & Co. leased 5,500 SF at 1359 Broadway
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Nanoosh leased 1,700 SF at 469 Seventh Ave
  • Pie Face leased 1,378 SF at 1407 Broadway
  • Crumbs leased 1,300 SF at 1385 Broadway
  • General Nutrition Center leased 958 SF at 512 Seventh Ave

Office Rent 501 Seventh Avenue Average

Year $ / SF
2019 51.18
2020 145.26
Year $ / SF
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