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Rent Office 1501 Broadway

Lease Office 1501 Broadway

$ / SF SF Monthly Rent
Negotiable
8,400
Negotiable
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 65
4,700
$ 25,458
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Times Sq & West 41st Street $ 70
9,200
$ 54,050
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 46th Street $ 39
4,200
$ 13,650
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 $ 2447 $ 1300 $ 775
Interior office/person $ 1697 $ 800 $ 525
Team Rooms $ 10447 $ 8050 $ 5025
Suites $ 20447 $ 12050 $ 7025

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 $ 91
15,400
$ 116,783
Address $ / SF SF Monthly Rent
Broadway & West 43rd Street $ 63
3,000
$ 15,750
W 45th St & Seventh Avenue $ 72
3,100
$ 18,600
W 47th St & Avenue of the Americas $ 69
4,500
$ 25,875
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
Address $ / SF SF Monthly Rent
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 $ 36
4,400
$ 13,383
7th Ave & West 40th Street $ 42
2,500
$ 8,645
W 44th St & Avenue of the Americas $ 46
4,400
$ 16,866
W 44th St & Thirty Fifth Avenue $ 49
4,500
$ 18,375
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
$ 8,945
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 $ 33
2,800
$ 7,700
Address $ / SF SF Monthly Rent

Retail Spaces for Rent at 1501 Broadway

Rent Retail 1501 Broadway

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Negotiable
1,300
Negotiable
$ / SF SF Monthly Rent

Rent Medical Space at 1501 Broadway

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.


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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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