505 Eighth Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 39 1,400 $ 4,550
$ / SF SF Monthly Rent
Negotiable 4,600 Negotiable
$ 37 3,500 $ 10,791
$ / SF SF Monthly Rent
$ 33 7,700 $ 20,934

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
Eighth Ave & W 35th Street $ 34 2,000 $ 5,687
Eighth Ave & West 35th Street $ 33 1,500 $ 4,156
W 36th St & Between West 36th Street $ 41 1,700 $ 5,808
Eighth Ave & West 37th Street $ 51 1,300 $ 5,552
Eighth Ave & West 38th Street $ 55 1,500 $ 6,875
Address $ / SF SF Monthly Rent
W 36th St & Between 8th Avenue $ 39 3,000 $ 9,812
W 35th St & Eight Avenue $ 71 4,900 $ 28,889
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 39 5,000 $ 16,354
W 34th St & Ninth Avenue $ 48 11,900 $ 47,228
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505 Eighth Avenue

505 Eighth Avenue is situated in the lively Penn Plaza/Garment district of Manhattan and proudly stands 25 stories tall. This impressive building offers a generous 275,000 square feet of office space for rent, which includes flexible options for subleasing and coworking. It was originally built in 1926 and falls under the Class B category, boasting excellent fiber providers like Verizon New York, Level 3 Communications, Lightower, tw telecom, and Pilot Fiber. The current tenant, Cicatelli Associates, offers subleasing opportunities at an average rental rate of $41.11 per square foot as of 2022. With its advantageous location near major transit stops like A, C, E, 1, 2, 3, B, D, F, M, N, Q, R, and PATH, this building is a perfect choice for commuters.

505 Eighth Avenue Property Overview

Bulding Address: 505 Eighth Ave
Building Alternate address(es): 505 8th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:25
Year Built:1926
Building Class:B
Block & lot:00759-0037

Public Transportation

Time and Distance from 505 Eighth Avenue New York, NY 10018
Transit / Subway Distance Walk
34 Street-Penn Station (A,C,E Line) 0.1 mi 2 min
34 Street-Penn Station (1,2,3 Line) 0.2 mi 5 min
42 Street-Port Authority Bus Terminal Transit Stop (A, C, E) 0.4 mi 8 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.4 mi 8 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.4 mi 9 min

Map Location

Internet Providers at 505 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
Pilot Fiber Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 505 Eighth Avenue
  • Multimedia System Design Inc. leased 1,544 SF
  • Curtis Partition leased 6,271 SF
  • Richmond Home leased 4,631 SF
  • Common Ground leased 18,060 SF
  • Spotless Enterprises Inc. leased 2,520 SF
  • Biddle Sawyer leased 10,000 SF
  • Common Ground Commu… leased 500 SF


Nearby Retail Tenants Leased
  • Designer's Way leased 3,894 SF at 519 Eighth Ave
  • Get Set on 8th Ave leased 1,400 SF at 537 Eighth Ave

Office Rent 505 Eighth Avenue Average

Year $ / SF
2018 48.4
2019 48.0
2020 44.79
2021 39.11
2022 41.11
Year $ / SF
2022 24.0
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