555 Eighth Avenue is a 24-story office building located in the Penn Plaza/Garment area of Manhattan. It offers 162,260 square feet of Class B office space that is currently available for lease. The building, constructed in 1927, provides a range of flexible office sizes, accommodating both small and large businesses. Additionally, there are lease and sublease options in the vicinity. While there are no existing coworking spaces, it is possible to negotiate fee-free alternatives.
In terms of pricing, the office rental rates at 555 Eighth Avenue align with market trends, standing at $1078.5 per square foot in 2020. This marks a significant increase compared to the $50.0 per square foot rate observed in 2019. The building falls within the 10018 zip code and is conveniently accessible through various subway lines. Commuters can easily reach the property from nearby stations such as 34th Street-Penn Station, 42nd Street-Port Authority Bus Terminal, Times Square-42nd Street, and 34th Street-Herald Square. These stations provide connections to multiple train lines, including A, C, E, 1, 2, 3, 42 St Shuttle, 7, N, Q, B, D, F, and M.
555 Eighth Avenue Property Overview
Bulding Address: | 555 Eighth Ave |
Building Alternate address(es): | 555 8th Ave |
Zip Code: | 10018 |
Neighborhood: | Penn Plaza/Garment |
Borough: | Manhattan |
Stories: | 24 |
Year Built: | 1927 |
Building Class: | B |
Block & lot: | 00761-0037 |
Office Tenants Rented / Leased 555 Eighth Avenue- Zara Terez leased 4,250 SF
- Frontline CPR leased 1,227 SF
- Mega Shipping leased 1,675 SF
- Reverbnation Inc. leased 2,106 SF
- The Junkluggers LLC leased 1,200 SF
- Ifma Nyc Chapter leased 500 SF
- Lorain Croft Corp leased 500 SF
Nearby Retail Tenants Leased- Vihans leased 3,324 SF at 592 Eighth Ave
- RHX Stores leased 1,500 SF at 601 Eighth Ave
- Get Set on 8th Ave leased 1,400 SF at 537 Eighth Ave