530 Seventh Avenue is a 30-story office building located in the central area of Manhattan's Penn Plaza/Garment neighborhood. It offers a variety of rental options, including coworking, subleasing, and leasing. The office space, which is categorized as Class B, covers an area of over 440,000 square feet with options available in different sizes, ranging from small to large. Fiber providers such as Verizon New York and Level 3 Communications are accessible, and notable tenants include Chaus Inc., Perry Ellis International, and Space 530. The building's location is conveniently close to multiple transportation options, including the 1, 2, 3, 42 St Shuttle, 7, N, Q, R, A, C, and E train lines, which can be reached within a few minutes' walk. In 2020, the average office rent was $1596.88 per square foot. However, there has been a significant decrease in 2021, with the average office rent dropping 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
- SRP Apparel Group Inc. leased 1,400 SF
- Trybus International Corporation leased 4,615 SF
- Trixxi Clothing Inc leased 1,700 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
