555 Eighth Avenue

Class: B + 10018 Buildings Penn Plaza/Garment

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 27 1,300 $ 2,884
$ / SF SF Monthly Rent
$ 27 3,500 $ 7,765

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 & West 37th Street $ 38 1,000 $ 3,166
W 38th St & Eighth Avenue $ 31 2,500 $ 6,458
Address $ / SF SF Monthly Rent
W 38th St & Eighth Avenue $ 45 4,800 $ 17,860
Fifth Ave & West 39th Street $ 66 4,700 $ 25,850
W 37th St & Eight Avenue $ 35 3,000 $ 8,750
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
Eighth Ave & West 39th Street $ 47 5,200 $ 20,150
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Nuverse Advisor LLC Testimonial

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555 Eighth Avenue

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

Public Transportation

Time and Distance from 555 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) 0.4 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

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
  • Nippottery leased 0 SF
  • Green Apple Energy Co 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

Office Rent 555 Eighth Avenue Average

Year $ / SF
2018 39.5
2019 50.0
Year $ / SF
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