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Rent/Lease Office 500 7th Ave

$ / SF SF Monthly Rent
Negotiable
25,700
Negotiable
$ / SF SF Monthly Rent
Negotiable
14,300
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 50
11,700
$ 48,262
Penn Plaza & West 33rd Street $ 41
29,000
$ 99,083
Bryant Park & 6th Avenue $ 62
14,000
$ 72,333
Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 54
3,200
$ 14,533
Broadway & West 41st Street $ 56
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 70
4,300
$ 25,083
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF SF Monthly Rent
W 37th St & 6th Avenue $ 32
11,400
$ 30,875
W 37th St & Avenue of America $ 36
10,200
$ 31,025
Broadway & West 37th Street $ 42
11,100
$ 38,850
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
W 40th St & Between West 39th Street $ 38
15,100
$ 47,816
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 48
4,200
$ 16,975
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
W 40th St & Eighth Avenue $ 40
2,600
$ 8,775
Broadway & West 37th Street $ 40
6,100
$ 20,079
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 48
2,100
$ 8,312
Tenth Ave & West 37th Street $ 46
2,200
$ 8,525
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
W 36th St & Between 8th Avenue $ 38
2,400
$ 7,600
Address $ / SF SF Monthly Rent
W 35th St & Between West 35th Street $ 33
7,500
$ 20,625
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 30th St & Between West 30th Street $ 30
7,100
$ 17,750
W 36th St & Eight Avenue $ 33
7,800
$ 21,450
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,500
$ 9,791
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 35th St & Between West 35th Street $ 34
5,300
$ 15,237
W 37th St & Seventh Avenue $ 30
6,800
$ 17,000
W 36th St & Eighth Avenue $ 50
3,700
$ 15,570
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 37th St & Eight Avenue $ 40
3,400
$ 11,333
W 36th St & Avenue of the Americas $ 45
3,400
$ 12,750
W 30th St & Between West 30th Street $ 32
5,000
$ 13,333
Broadway & West 32nd Street $ 46
3,500
$ 13,498
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 50
2,400
$ 9,900
W 37th St & Eight Avenue $ 46
1,800
$ 6,825
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
Broadway & West 41st Street $ 70
13,200
$ 77,000
Fifth Ave & West 38th Street $ 56
17,600
$ 82,133
Broadway & West 39th Street $ 59
10,900
$ 53,591
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
W 40th St & Avenue of Americas $ 74
8,500
$ 52,062
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 68
5,500
$ 30,937
W 38th St & Avenue of the Americas $ 58
3,500
$ 16,770
Broadway & West 41st Street $ 67
6,800
$ 37,966
Broadway & West 36th Street $ 67
4,600
$ 25,683
2 & West 31st Street $ 142
5,300
$ 62,716
Fifth Ave & West 38th Street $ 62
3,800
$ 19,791
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
Address $ / SF SF Monthly Rent
Broadway & West 37th Street $ 68
2,300
$ 12,937
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 40
7,500
$ 25,000
W 39th St & Eighth Avenue $ 40
7,700
$ 25,345
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,666
Eighth Ave & West 35th Street $ 39
7,100
$ 23,075
Eighth Ave & W 35th Street $ 40
8,000
$ 26,333
W 37th St & Avenue of America $ 46
8,600
$ 32,966
Tenth Ave & West 37th Street $ 49
7,900
$ 32,258
W 36th St & 6th Avenue $ 46
9,600
$ 36,400
Broadway & West 38th Street $ 54
9,500
$ 42,750
Seventh Ave & West 37th Street $ 56
10,300
$ 47,637
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
W 35th St & Avenue of America $ 29
4,400
$ 10,633
Eighth Ave & West 36th Street $ 38
4,700
$ 14,687
Address $ / SF SF Monthly Rent
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
Tenth Ave & West 37th Street $ 44
2,200
$ 8,066
W 40th St & Eighth Avenue $ 48
1,900
$ 7,520
Broadway & West 38th Street $ 52
1,900
$ 8,233
7th Ave & Between 7th Avenue $ 57
1,600
$ 7,600
Avenue of the Americas & West 39th Street $ 61
2,300
$ 11,691
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
8,800
$ 29,333
W 39th St & Eighth Avenue $ 36
9,200
$ 27,216
Eighth Ave & West 36th Street $ 42
16,000
$ 55,333
W 35th St & Seventh Avenue $ 35
7,600
$ 22,166
W 35th St & Between West 35th Street $ 34
7,300
$ 20,683
Eighth Ave & West 39th Street $ 40
11,400
$ 38,475
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 40
3,900
$ 13,000
W 35th St & Eighth Avenue $ 35
3,300
$ 9,625
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 38th St & Between West 37th Street $ 40
2,700
$ 9,112
Eighth Ave & West 36th Street $ 42
5,800
$ 20,300
W 32nd St & Ninth Avenue $ 50
2,800
$ 11,783
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 36
2,300
$ 6,804
W 38th St & Eight Avenue $ 36
2,100
$ 6,380
W 39th St & Eighth Avenue $ 40
1,600
$ 5,266
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 32nd St & Ninth Avenue $ 50
1,800
$ 7,500
W 35th St & Between West 35th Street $ 36
2,100
$ 6,387
W 37th St & Ninth Avenue $ 37
1,900
$ 5,920

Retail Spaces for Rent at 500 7th Ave

Rent Medical Space at 500 7th Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 500 7th Avenue. This trend is projected to continue. Opportunities for subleases remain available at 500 7th Avenue and in the nearby Penn Plaza/Garment neighborhood.
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500 7th Avenue Property Overview

Building Address: 500 7th Ave, New York NY 10018
Building Alternate Address: 500 Seventh Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:18
Year Built:1922
Building Class:B
Block & lot:00787-0040

History of 500 7th Avenue, Manhattan, NYC

500 7th Avenue, originally known as the McGraw-Hill Building, is a notable skyscraper located in Midtown Manhattan. Construction began in the mid-20th century, during a period marked by significant growth and modernization in New York City. Completed in 1969, the building immediately became a symbol of corporate ambition and architectural innovation in the city.

The design of 500 7th Avenue reflects a blend of modernism and International Style, characterized by its imposing height and distinctive features such as curtain walls. This architectural approach emphasized functionality and efficiency, which were prominent design principles of the era. The building’s construction represented the post-war boom and the rising influence of the media industry, with McGraw-Hill, a major publishing company, as the original anchor tenant.

Over the decades, 500 7th Avenue has undergone several renovations and upgrades to maintain its structural integrity and enhance both its aesthetic appeal and functionality. These updates have helped the building remain relevant as a premier commercial office location in Manhattan.

Positioned in the heart of Midtown near major transportation hubs such as Penn Station, Times Square, Port Authority, and Grand Central Station, the building offers exceptional accessibility. Its location contributes to its enduring popularity among a diverse range of businesses, including those in media, finance, technology, and professional services.

500 7th Avenue's architectural stature and strategic location have made it a significant contributor to the Manhattan skyline. The building stands as a testament to New York City’s dynamic growth and architectural evolution, playing a key role in shaping the character of Midtown Manhattan.

Looking ahead, 500 7th Avenue is expected to continue adapting with ongoing maintenance and potential future renovations, ensuring that it remains a vital landmark in the city’s commercial landscape for years to come.

500 7th Avenue, known as the Garment Centre Capitol, is a prominent office building in Manhattan's Garment District. Built in 1921, it features a historic art deco design with modern amenities. Here are some key aspects of this location:

500 7th Avenue is a 17-story office building constructed in 1921, with a total floor area of 606,078 square feet.

It is situated in the heart of the Garment District, offering proximity to major transportation hubs like Penn Station, Times Square, Port Authority, and Grand Central Station.

The building is currently home to a WeWork office space spanning seven floors, offering amenities such as light-filled lounges, bookable conference rooms, and sleek private offices.

The area surrounding 500 7th Avenue is rich in dining options, theaters, and entertainment venues, making it an attractive location for businesses and events.


Amenities at 500 7th Avenue, Manhattan, NYC

Located in a historic Art Deco building in the Garment District, 500 7th Avenue offers a blend of classic style and modern conveniences to support productivity and well-being.

  • Dog-friendly environment
  • Bike storage facilities
  • Parent's room for family needs
  • Wellness room dedicated to relaxation and health
  • Event spaces suitable for various group sizes
  • Barista and coffee/tea service
  • Super-fast WiFi connectivity
  • 24/7 building access and security
  • Meeting rooms equipped with state-of-the-art A/V technology
  • Private phone rooms
  • Inviting lounge areas for collaboration and breaks
  • Hosted reception services
  • Filtered water stations
  • Fully furnished office spaces
  • Mailbox services including mail and package handling
  • Printing, scanning, and copying facilities
  • Whiteboards available in meeting spaces
  • Accessibility for all users
  • Kitchen facilities

Additionally, the building features modern elevators, an attended lobby, and is Energy Star certified. It is conveniently located near major transit hubs including Penn Station, Times Square, Port Authority, and Grand Central Station, making commuting effortless.


Office Tenants Rented / Leased at 500 7th Ave, Manhattan, NYC

The building at 500 7th Avenue, also known as Garment Centre Capitol, is a 17-story office tower in the Garment District of Midtown Manhattan, with approximately 606,078 square feet of office space.

Among its notable tenants are:

  • CVS Pharmacy
  • Jacobs Engineering
  • WeWork Office Space & Coworking
  • Adrianna Papell
  • Stash HQ
  • FedEx Office Print & Ship Center

WeWork occupies seven floors in the building, offering private offices, coworking spaces, meeting rooms, and flexible workspace memberships, catering to teams of various sizes from individuals up to 100+ members.

The building offers multiple general office spaces leased across different floors and suites, including full-floor offices suitable for large teams of 50+ employees.


On 500 7th Avenue in Manhattan, NYC, several internet providers are available.

  • Verizon Fios: Known for its fast, symmetrical fiber-optic speeds, with plans starting at around $49.99. It offers speeds up to 2.3 Gbps.
  • Spectrum: Offers cable internet with speeds up to 1 Gbps and prices starting at $50 per month. It provides broader coverage in Manhattan.
  • Astound Broadband Powered by RCN: Provides cable and fiber services, with prices starting at $25 for 300 Mbps. It includes unlimited data and competitive pricing.
  • T-Mobile 5G Home Internet: Offers a flat rate with speeds varying between 87-415 Mbps, suitable for small households.


500 7th Ave, Manhattan, NYC

Cross Streets: Between 37th and 38th Streets (Fashion Avenue)

Public Transportation

  • Subway: 34 St-Penn Station (3 min walk), Times Sq-42 St (2 min walk), 42 St-Bryant Pk (2 min walk)
  • Bus: M7, M55, Q32, BM3, 28 at 7 Av/W 36 St (2 min walk), 37th St & 6th Ave Westsider (4 min walk)
  • Train: PATH, Amtrak Acela/Adirondack at Penn Station (5 min walk)

Nearby Hubs: Grand Central Terminal, Port Authority Bus Terminal, and Times Square within walking distance

Use for real-time transit directions


RZO Advisory Group Testimonial

RZO Advisory Group testimonial
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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.
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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?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
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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