545 Eighth Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 1,700 Negotiable
$ 25 1,000 $ 2,093
$ / SF SF Monthly Rent
$ 25 3,400 $ 7,118

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ 32 1,200 $ 3,225
$ / 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 & West 38th Street $ 54 1,500 $ 6,781
Eighth Ave & West 36th Street $ 42 3,000 $ 10,500
Address $ / SF SF Monthly Rent
W 38th St & Eighth Avenue $ 45 4,800 $ 17,860
W 37th St & Eight Avenue $ 35 3,000 $ 8,750
Fifth Ave & West 39th Street $ 66 4,700 $ 25,850
Address $ / SF SF Monthly Rent
W 38th St & Eight Avenue $ 35 16,700 $ 48,708
W 38th St & Eighth Avenue $ 76 8,300 $ 52,566
8th Ave & West 38th Street $ 40 5,400 $ 18,000
W 37th St & Eight Avenue $ 41 10,500 $ 35,875
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Belzberg Technologies Inc Testimonial

Belzberg Technologies Inc testimonial

545 Eighth Avenue

545 Eighth Avenue is a well-known office building located in the thriving Penn Plaza/Garment district of Manhattan. Standing tall at 24 stories, this Class B-rated workspace offers a generous 167,000 square feet of rental space, catering to small, medium, and large businesses. Although there are currently no coworking options available, our team can provide personalized assistance in securing the best deals for coworking at this address, without charging any fees.

For those interested in sublease options, 545 Eighth Avenue may have suitable solutions. The office building falls under the zip code 10018 and enjoys the services of fiber providers such as Verizon New York, Lightower, and Cablevision/Lightpath. As far as pricing is concerned, the average office rent per square foot at 545 Eighth Avenue in 2021 is $37.0, which is a decrease from the average rent of $45.23 in 2020. Despite the overall upward trend in rental costs, 545 Eighth Avenue has managed to maintain reasonable rates.

Accessibility is a definite advantage of 545 Eighth Avenue, with numerous transit options available in close proximity. Within a short walk, you can conveniently access the 34th Street-Penn Station Subway Station, which serves the A, C, and E lines, as well as the 42nd Street-Port Authority Bus Terminal Subway Station. Other nearby train lines include the 1, 2, and 3 lines at the 34th Street-Penn Station Subway Station and the 1, 2, 3, 42 St Shuttle, 7, N, Q, and R lines at the Times Square-42 Street Subway Station, all within a 7-8 minute walk. Moreover, the 34th Street-Herald Square Subway Station, hosting the B, D, F, M, N, Q, and R train lines, is just a 10-minute walk away.

545 Eighth Avenue Property Overview

Bulding Address: 545 Eighth Ave
Building Alternate address(es): 545 8th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:24
Year Built:1927
Building Class:B
Block & lot:00761-0033

Public Transportation

Time and Distance from 545 Eighth Avenue New York, NY 10018
Transit / Subway Distance Walk
34 Street-Penn Station (A,C,E Line) 0.2 mi 4 min
42 Street-Port Authority Bus Terminal Transit Stop (A, C, E) 0.2 mi 5 min
34 Street-Penn Station (1,2,3 Line) 0.3 mi 7 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.4 mi 8 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.5 mi 10 min

Map Location

Internet Providers at 545 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
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 545 Eighth Avenue
  • Association for Rehabilitative Case Management and Housing leased 3,898 SF
  • Babel Fair leased 742 SF
  • Fritz-McDonald Company leased 1,659 SF
  • The Moving Center leased 915 SF
  • New York English Center leased 7,438 SF
  • Subway leased 3,496 SF
  • Image Advertising leased 0 SF


Nearby Retail Tenants Leased
  • Vihans leased 3,324 SF at 592 Eighth Ave
  • Get Set on 8th Ave leased 1,400 SF at 537 Eighth Ave

Office Rent 545 Eighth Avenue Average

Year $ / SF
2018 43.95
2019 43.95
2020 45.23
2021 37.0
Year $ / SF
2019 41.0
2020 25.76
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