530 Seventh Avenue is a 30-story office building situated in the central area of Manhattan's Penn Plaza/Garment neighborhood. It offers various rental options, such as coworking, subleasing, and leasing. The office space, which falls under the Class B category, spans over 440,000 square feet and provides options in different sizes, including small, medium, and large. Fiber providers like Verizon New York and Level 3 Communications are available, and notable tenants include Chaus Inc., Perry Ellis International, and Space 530. The building's location is convenient with close proximity to several transportation options. Within a few minutes' walk, tenants can access the 1, 2, 3, 42 St Shuttle, 7, N, Q, R, A, C, and E train lines. In 2020, the average office rent was recorded at $1596.88 per square foot. However, in 2021, there has been a significant decrease, bringing the average office rent down to $50.00 per square foot.
530 Seventh Avenue Property Overview
| Bulding Address: | 530 Seventh Ave |
| Bulding Name: | Art Deco Building |
| Building Alternate address(es): | 530 7th Ave |
| Zip Code: | 10018 |
| Neighborhood: | Penn Plaza/Garment |
| Borough: | Manhattan |
| Stories: | 30 |
| Year Built: | 1929 |
| Building Class: | B |
| Block & lot: | 00788-0049 |
Public Transportation
Time and Distance from 530 Seventh Avenue New York, NY 10018
| Transit / Subway |
Distance |
Walk |
| Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) |
0.2 mi |
4 min |
|
| 34 Street-Penn Station (1,2,3 Line) |
0.3 mi |
6 min |
|
| 42 Street-Port Authority Bus Terminal Transit Stop (A, C, E) |
0.3 mi |
6 min |
|
| 42 Street-Bryant Park Transit Stop (B, D, F, M) |
0.4 mi |
7 min |
|
| 34 Street-Penn Station (A,C,E Line) |
0.4 mi |
8 min |
|
Internet Providers at 530 Seventh Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
| Verizon New York |
Fiber |
1 Gb/s |
25 Mb/s |
| Level 3 Communications |
Fiber |
10 Gb/s |
10 Gb/s |
Office Tenants Rented / Leased 530 Seventh Avenue- Quicksilver leased 3,600 SF
- Trixxi Clothing Company leased 5,100 SF
- Jacobson Group leased 1,800 SF
- Maoteng Group leased 900 SF
- Gokaldas Images (USA) Inc. leased 1,960 SF
- SRP Apparel Group Inc. leased 1,400 SF
- Hickory Lane leased 2,100 SF
Retail Tenants Rented / Leased 530 Seventh Avenue- Anthony L & S leased 1,400 SF
- Cafe Grumpy leased 1,000 SF
- Pret A Manger leased 1,700 SF
- Scottrade leased 1,400 SF
Nearby Retail Tenants Leased- Chase leased 10,000 SF at 1411 Broadway
- General Nutrition Center leased 958 SF at 512 Seventh Ave
