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Rent/Lease Office 500 7th Ave

$ / SF / Yr SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Broadway & West 36th Street $ 48
11,700
$ 46,800
Penn Plaza & West 33rd Street $ 41.5
29,000
$ 100,291
Bryant Park & Sixth Avenue $ 60
14,000
$ 70,000
Address $ / SF / Yr SF Monthly Rent
Broadway & West 36th Street $ 55.5
3,200
$ 14,800
Broadway & West 41st Street $ 56.5
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 71
4,300
$ 25,441
Address $ / SF / Yr SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF / Yr SF Monthly Rent
W 37th St & Sixth Avenue $ 33.5
11,400
$ 31,825
W 37th St & Avenue of the Americas $ 34.5
10,200
$ 29,325
Broadway & West 37th Street $ 42
11,100
$ 38,850
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
W 40th St & Seventh Avenue $ 38
15,100
$ 47,816
Eighth Ave & West 34th Street $ 54
8,900
$ 40,050
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 38th Street $ 48.5
4,200
$ 16,975
W 37th St & Sixth Avenue $ 35
3,500
$ 10,208
W 40th St & Eighth Avenue $ 41.5
2,600
$ 8,991
Broadway & West 37th Street $ 41
6,100
$ 20,841
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 38th Street $ 47
2,100
$ 8,225
Tenth Ave & West 37th Street $ 46.5
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 Eighth Avenue $ 38
2,400
$ 7,600
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 33
7,500
$ 20,625
W 30th St & Fifth Avenue $ 30
7,100
$ 17,750
W 36th St & Eighth Avenue $ 33
7,800
$ 21,450
Address $ / SF / Yr SF Monthly Rent
Penn Plaza & West 30th Street $ 48
2,500
$ 10,000
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 35th St & Seventh Avenue $ 35.5
5,300
$ 15,679
W 36th St & Eighth Avenue $ 50.5
3,700
$ 15,570
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 36th St & Avenue of the Americas $ 45
3,400
$ 12,750
W 30th St & Fifth Avenue $ 33
5,000
$ 13,750
Broadway & West 32nd Street $ 46.28
3,500
$ 13,498
Address $ / SF / Yr SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
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 / Yr SF Monthly Rent
Broadway & West 41st Street $ 70.5
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56.5
17,600
$ 82,866
Broadway & West 39th Street $ 59
10,900
$ 53,591
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
W 40th St & Avenue of the Americas $ 74.5
8,500
$ 52,770
Address $ / SF / Yr SF Monthly Rent
Broadway & West 37th Street $ 67.5
5,500
$ 30,937
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
Broadway & West 41st Street $ 65.5
6,800
$ 37,116
Broadway & West 36th Street $ 65.5
4,600
$ 25,108
2 & West 31st Street $ 140.5
5,300
$ 62,054
Fifth Ave & West 38th Street $ 61
3,800
$ 19,316
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
Address $ / SF / Yr SF Monthly Rent
Broadway & West 37th Street $ 67.5
2,300
$ 12,937
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Address $ / SF / Yr SF Monthly Rent
Eighth Ave & West 36th Street $ 40.5
7,500
$ 25,312
W 39th St & Eighth Avenue $ 40
7,700
$ 25,666
W 33rd St & Fifth Avenue $ 40.5
7,100
$ 23,962
Eighth Ave & West 35th Street $ 39
7,100
$ 23,075
Eighth Ave & W 35th Street $ 40
8,000
$ 26,666
W 37th St & Avenue of the Americas $ 46.5
8,600
$ 33,325
Tenth Ave & West 37th Street $ 49.5
7,900
$ 32,587
W 36th St & Sixth Avenue $ 46.5
9,600
$ 37,200
Broadway & West 38th Street $ 54
9,500
$ 42,750
Seventh Ave & West 37th Street $ 56
10,300
$ 48,066
Address $ / SF / Yr SF Monthly Rent
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
W 35th St & Avenue of the Americas $ 29
4,400
$ 10,633
Eighth Ave & West 36th Street $ 36
4,700
$ 14,100
Address $ / SF / Yr 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 & Fifth Avenue $ 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 $ 47.5
1,900
$ 7,520
Broadway & West 38th Street $ 52
1,900
$ 8,233
7th Ave & Between Seventh 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 / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 40.5
8,800
$ 29,700
W 39th St & Eighth Avenue $ 36
9,200
$ 27,600
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
W 35th St & Seventh Avenue $ 35
7,600
$ 22,166
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 40
3,900
$ 13,000
W 35th St & Eighth Avenue $ 33.5
3,300
$ 9,212
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 38th St & Fifth Avenue $ 39
2,700
$ 8,775
Eighth Ave & West 36th Street $ 40.5
5,800
$ 19,575
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 35.5
2,300
$ 6,804
W 38th St & Eighth Avenue $ 36.46
2,100
$ 6,380
W 39th St & Eighth Avenue $ 39.5
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 32nd St & Broadway $ 43
2,100
$ 7,525

Retail Spaces for Rent at 500 7th Ave

Rent Retail 500 7th Ave

Rent Medical Space at 500 7th Ave

Office Tenants Rented / Leased 500 7th Avenue
  • Zaralo LLC leased 24,049 SF
  • Henningson, Durham & Richardson PC leased 11,200 SF
  • Mystic Apparel leased 11,200 SF
  • Dima Jewelry leased 11,200 SF
  • ForsidePlus U.S.A. leased 25,249 SF
  • Industrial + Technology A… leased 13,391 SF
  • Jaclyn Apparel leased 13,874 SF
  • WeWork leased 234,049 SF
  • Adrianna Papell leased 37,200 SF
  • Al Roker Entertainment, I… leased 1,975 SF
Retail Tenants Rented / Leased 500 7th Avenue
  • LemonShark Poke leased 510 SF
Nearby Office Tenants Leased
  • Pearl Spaces LLC leased 23,500 SF at 500 Eighth Ave
  • ASI System Integration leased 23,050 SF at 48 West 37th St
  • North Fork Bank leased 23,000 SF at 1001 Sixth Ave
  • Pem America, Inc leased 22,574 SF at 70 West 36th St
  • Aec Reprographics leased 21,660 SF at 42 West 39th St
  • The New Dance Group leased 21,000 SF at 575 Eighth Ave
  • blueprint + co leased 20,000 SF at 214 West 39th St
  • WeWork leased 19,150 SF at 224 West 29th St
  • Roundabout Atre Compan… leased 18,201 SF at 231 West 39th Street
  • Gold Medal International leased 17,465 SF at 225 West 37th St
Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th Street
  • Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
  • NY Fashion & Dress Inc. leased 2,000 SF at 261 West 36th St
  • Republic Clothing Corporation leased 2,000 SF at 1412 Broadway
  • RadioShack leased 2,000 SF at 1357 Broadway
  • Rainbow Nail leased 1,940 SF at 1370 Broadway
  • Pret A Manger leased 1,939 SF at One Penn Plaza
  • Naturalizer leased 1,935 SF at 1460 Broadway
$ / 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 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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Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

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

Office Tenants Rented / Leased 500 7th Avenue
  • Zaralo LLC leased 24,049 SF
  • Henningson, Durham & Richardson PC leased 11,200 SF
  • Mystic Apparel leased 11,200 SF
  • Dima Jewelry leased 11,200 SF
  • ForsidePlus U.S.A. leased 25,249 SF
  • Industrial + Technology A… leased 13,391 SF
  • Jaclyn Apparel leased 13,874 SF
  • WeWork leased 234,049 SF
  • Adrianna Papell leased 37,200 SF
  • Al Roker Entertainment, I… leased 1,975 SF
Retail Tenants Rented / Leased 500 7th Avenue
  • LemonShark Poke leased 510 SF
Nearby Office Tenants Leased
  • Pearl Spaces LLC leased 23,500 SF at 500 Eighth Ave
  • ASI System Integration leased 23,050 SF at 48 West 37th St
  • North Fork Bank leased 23,000 SF at 1001 Sixth Ave
  • Pem America, Inc leased 22,574 SF at 70 West 36th St
  • Aec Reprographics leased 21,660 SF at 42 West 39th St
  • The New Dance Group leased 21,000 SF at 575 Eighth Ave
  • blueprint + co leased 20,000 SF at 214 West 39th St
  • WeWork leased 19,150 SF at 224 West 29th St
  • Roundabout Atre Compan… leased 18,201 SF at 231 West 39th Street
  • Gold Medal International leased 17,465 SF at 225 West 37th St
Nearby Retail Tenants Leased
  • Udizine leased 2,600 SF at 498 Seventh Ave
  • Taco Bell Cantina leased 2,451 SF at 500 Eighth Avenue
  • Market Crates leased 2,300 SF at 224 West 35th Street
  • Rock & Soul Electronics leased 2,000 SF at 10 West 37th Street
  • NY Fashion & Dress Inc. leased 2,000 SF at 261 West 36th St
  • Republic Clothing Corporation leased 2,000 SF at 1412 Broadway
  • RadioShack leased 2,000 SF at 1357 Broadway
  • Rainbow Nail leased 1,940 SF at 1370 Broadway
  • Pret A Manger leased 1,939 SF at One Penn Plaza
  • Naturalizer leased 1,935 SF at 1460 Broadway

Isolar Enterprises, Inc. Testimonial

To Whom It May Concern: We were very fortunate to have Stephen Sunderland as our agent when we began to look for a new office space. Steve totally understood what we were looking for and found us our new home really quickly! He did not waste our time showing us endless properties that didn't meet with our criteria. We are extremely happy here in our new office and we all found Steve to be a pleasure to deal with. I would highly recommend him to anyone who is looking for a new space in New York City. Sincerely, Eileen d' Arcy

Office Buildings in Penn Plaza/Garment

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Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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