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Rent/Lease Office 1501 Broadway

Lease Office 1501 Broadway

$ / SF SF Monthly Rent
Negotiable
$ / SF SF Monthly Rent
$ 64.5

Rent Sublease Office at 1501 Broadway

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Times Sq & West 41st Street $ 71
9,200
$ 54,433
W 46th St & Avenue of the Americas $ 60
25,300
$ 127,554
Fifth Ave & West 44th Street $ 76
7,800
$ 49,075
Address $ / SF SF Monthly Rent
Fifth Ave & West 45th Street $ 58
2,800
$ 13,533
Avenue of the Americas & West 46th Street $ 41
4,200
$ 14,350
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Avenue of the Americas $ 45
3,100
$ 11,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & West 44th Street $ 75
15,100
$ 94,375
Fifth Ave & West 42nd Street $ 95
14,300
$ 113,208
Avenue Of The Americas & West 46th Street $ 92
15,400
$ 118,066
Address $ / SF SF Monthly Rent
Broadway & West 43rd Street $ 63
3,000
$ 15,750
W 45th St & Seventh Avenue $ 72
3,100
$ 18,729
W 47th St & Avenue of the Americas $ 70
4,500
$ 26,062
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 85
1,500
$ 10,625
Avenue of the Americas & West 43rd Street $ 90
2,200
$ 16,500
W 44th St & Fifth Avenue $ 75
2,400
$ 15,000
Address $ / SF SF Monthly Rent
7th Ave & West 40th Street $ 36
9,500
$ 28,895
Address $ / SF SF Monthly Rent
W 41st St & Seventh Avenue $ 50
2,900
$ 12,083
W 45th St & Avenue of the Americas $ 45
3,800
$ 14,250
W 45th St & Sixth Avenue $ 37
4,400
$ 13,566
7th Ave & West 40th Street $ 42
2,500
$ 8,750
W 44th St & Avenue of the Americas $ 46
4,400
$ 16,683
W 44th St & Thirty Fifth Avenue $ 48
4,500
$ 18,187
Broadway & Seventh Avenue $ 44
2,500
$ 9,062
7th Ave & West 48th Street $ 48
5,600
$ 22,400
Address $ / SF SF Monthly Rent
W 44th St & Thirty Fifth Avenue $ 48
2,000
$ 8,000
W 45th St & Sixth Avenue $ 42
2,400
$ 8,400
Times Sq & Seventh Avenue $ 56
1,900
$ 8,866
Broadway & Seventh Avenue $ 42
1,800
$ 6,225
7th Ave & West 40th Street $ 38
2,200
$ 6,966
W 44th St & Avenue of the Americas $ 58
2,500
$ 12,083
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Eleventh Avenue $ 32
3,000
$ 8,000
W 46th St & Between 7th Avenue $ 34
2,800
$ 7,816
Address $ / SF SF Monthly Rent

Retail Spaces for Rent at 1501 Broadway

Rent Retail 1501 Broadway

$ / SF SF Monthly Rent
Negotiable
$ / SF SF Monthly Rent
Negotiable

Rent Medical Space at 1501 Broadway

Office Tenants Rented / Leased 1501 Broadway
  • KIPP Foundation leased 18,680 SF
  • American Federation of Musicians of the United States and Canada leased 18,332 SF
  • Hardesty & Hanover leased 17,656 SF
  • EC New York leased 16,657 SF
  • Acuris leased 41,308 SF
  • Christine Valmy International School leased 24,000 SF
  • Social Service Employees Union (SSEU) Local 371 leased 22,063 SF
  • Giaronomo Productions leased 7,620 SF
  • Adventureland leased 10,109 SF
  • Office Resources leased 10,178 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 1501 Broadway. This trend is projected to continue. Opportunities for subleases remain available at 1501 Broadway and in the nearby Times Square neighborhood.
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1501 Broadway Property Overview

Building Address: 1501 Broadway, New York NY 10036
Building Name: Paramount Building
Building Alternate Address: 1501 Broadway
Zip Code:10036
Neighborhood:Times Square
Borough:Manhattan
Stories:32
Year Built:1926
Building Class:A
Block & lot:01015-0029

1501 Broadway, known as the Paramount Building, is a historic skyscraper located in the heart of Times Square, Manhattan. Designed by the renowned architectural firm Rapp and Rapp in the Beaux-Arts and Art Deco styles, its construction lasted from 1926 to 1927 as the headquarters for Paramount Pictures, one of the major American motion picture companies of the 1920s.

The building stands at 33 stories and was constructed for $13.5 million. At its completion, it was the tallest in Times Square and served as a prominent landmark with its distinctive clock tower featuring a pyramid-like architectural design, reminiscent of the Paramount Pictures logo. This clock, with hours marked by stars, was originally painted black during WWII but restored in 1996.

The Paramount Building was officially recognized as a New York City landmark in 1988 due to its architectural significance and contribution to the development of the Times Square area as an entertainment hub. The building originally included a cinematic theater and was designed to showcase the tiered skyscraper style popular during the 1920s, with several setbacks that create a stepped silhouette.

Today, the building houses multiple tenants, including the Hard Rock Café, and stands as a testament to the early golden age of cinema and architectural innovation.

1501 Broadway, Manhattan, NYC

Also known as the Paramount Building, this Art Deco skyscraper is located at the intersection of Broadway and Seventh Avenue in the heart of Times Square.

  • Address: 1501 Broadway, New York, NY 10036
  • Class: Class A Office Space
  • Year Built: 1927
  • Architect: Rapp and Rapp
  • Historical Significance: Originally the headquarters of Paramount Pictures, it was designated as a New York City Landmark in 1988.
  • Total Square Footage: Approximately 880,000 square feet of office space and 90,000 square feet of retail space.

Property Details

Property taxes vary annually, with a market value of approximately $184.7 million and an assessed value around $83.1 million as of 2024-2025.

The building underwent a comprehensive $50 million renovation in 2017.


1501 Broadway, also known as the Paramount Building, offers a variety of amenities for its tenants:

  • Upgraded Infrastructure: Newly renovated corridors, restrooms, and escalators enhance the building's functionality.
  • Advanced Window Systems: New windows provide natural light and energy efficiency.
  • Exclusive Tenant Lounge: A tenant-only Espresso and Wine Bar and Lounge is available for relaxation and casual meetings.
  • Enhanced Security Measures: An advanced facial recognition system ensures a safe environment for all tenants.
  • Wellness and Convenience: Amenities include a laundry facility, concierge service, full-time doorman, elevator access, package room, and live-in super.
  • Accessibility: The building provides 24-hour access with multiple subway stations and the Port Authority within walking distance.

Current Tenants at 1501 Broadway, Manhattan, NYC

1501 Broadway, also known as the Paramount Building, is a prestigious office location with a diverse tenant mix. Some of the notable current tenants include:

  • Hard Rock Cafe
  • Flexibility Capital - a finance firm
  • Levine Plotkin & Menin - a law firm
  • Ballad of Mulan - a Broadway production company
  • Miller Korzenik Sommers Rayman - a law firm
  • Crossroads Live
  • Salmen Navarro Law

At 1501 Broadway, Manhattan, NYC, the following internet providers are available:

  • Lightower: Fiber internet with speeds up to 10 Gbps for both download and upload.
  • Level 3 Communications: Fiber internet with speeds up to 10 Gbps for both download and upload.
  • Cablevision/Lightpath: Fiber internet with speeds up to 10 Gbps for both download and upload.

Other popular internet providers in Manhattan include Verizon Fios and Astound Broadband Powered by RCN. However, their availability at 1501 Broadway specifically is not listed.


1501 Broadway, also known as The Paramount Building, is located in the heart of Times Square, Manhattan. Its cross streets are Seventh and Eighth Avenues.

The location boasts unparalleled accessibility with several public transportation options nearby:

  • Subways: Times Sq-42 St (3-minute walk), 42 St-Port Authority Bus Terminal (7-minute walk), and 42 St-Bryant Pk (8-minute walk). Subway lines include the 1, M, N, Q, R, S, W, A, C, E, B, D, F.
  • Buses: Stops at W 42nd St & 8th Ave, W 42nd St & 7th Ave, among others. Bus lines include M42, M55, M7, M104, and more.
  • Trains: PATH trains are accessible within walking distance at major stations.

This iconic building offers 880,000 square feet of Class A office space and 90,000 square feet of retail, making it a prestigious address in Midtown Manhattan.

1501 Broadway is a "Rider's Paradise" with a Walk Score of 98 out of 100, indicating world-class public transportation and a walker-friendly environment.

Office Tenants Rented / Leased 1501 Broadway
  • KIPP Foundation leased 18,680 SF
  • American Federation of Musicians of the United States and Canada leased 18,332 SF
  • Hardesty & Hanover leased 17,656 SF
  • EC New York leased 16,657 SF
  • Acuris leased 41,308 SF
  • Christine Valmy International School leased 24,000 SF
  • Social Service Employees Union (SSEU) Local 371 leased 22,063 SF
  • Giaronomo Productions leased 7,620 SF
  • Adventureland leased 10,109 SF
  • Office Resources leased 10,178 SF

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Office Tenants Rented / Leased 1501 Broadway
  • KIPP Foundation leased 18,680 SF
  • American Federation of Musicians of the United States and Canada leased 18,332 SF
  • Hardesty & Hanover leased 17,656 SF
  • EC New York leased 16,657 SF
  • Acuris leased 41,308 SF
  • Christine Valmy International School leased 24,000 SF
  • Social Service Employees Union (SSEU) Local 371 leased 22,063 SF
  • Giaronomo Productions leased 7,620 SF
  • Adventureland leased 10,109 SF
  • Office Resources leased 10,178 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza

ConnectivCorp Testimonial

ConnectivCorp testimonial To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a sublease at 29 West 57th Street. They were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Robert Miller Co-Chairman
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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