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Rent/Lease Office 500 Eighth Ave, New York, NY

$ / SF / Yr SF Monthly Rent
$ 38.5
$ 42
$ 41

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
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
7th Ave & Between Seventh Avenue $ 55.5
7,800
$ 36,075
Avenue of the Americas & West 39th Street $ 68
7,500
$ 42,500
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 Eighth Ave

Rent Retail 500 Eighth Ave

$ / SF / Yr SF Monthly Rent
$ 59
$ 59

Rent Medical Space at 500 Eighth Ave

Office Tenants Rented / Leased 500 Eighth Avenue
  • Crystal Digital Graphics leased 1,850 SF
  • Resource Training Center leased 5,000 SF
  • Pearl Spaces LLC leased 23,500 SF
  • Heckler Electric Company leased 2,700 SF
  • Staples Inc. leased 16,000 SF
  • Taco Bell leased 2,000 SF
Retail Tenants Rented / Leased 500 Eighth Avenue
  • Taco Bell Cantina leased 2,451 SF
Nearby Office Tenants Leased
  • Cach leased 43,050 SF at 256 West 38th St
  • BBDO leased 41,000 SF at 1375 Broadway
  • Oce Business Services leased 41,000 SF at 460 West 34th St
  • Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
  • Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
  • Gina Group leased 36,102 SF at 10 West 33rd Street
  • The Oved Group leased 35,800 SF at 31 West 34th St
  • Knotel leased 35,286 SF at 22 West 38th Street
  • Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
  • Primary leased 31,083 SF at 251 West 30th Street
Nearby Retail Tenants Leased
  • Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
  • GameStop leased 4,000 SF at 50 West 34th St
  • Amici 36 leased 4,000 SF at 519 Eighth Ave
  • Apparel Trading International leased 4,000 SF at 149 West 36th St
  • J.C. Nova leased 3,600 SF at 42 West 38th St
  • Consulate General of Honduras leased 3,500 SF at 255 West 36th St
  • Wasabi leased 3,400 SF at 561 Seventh Ave
  • PYA Importer leased 3,195 SF at 35 West 36th Street
  • Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
  • Neutral Ground leased 3,000 SF at 15 West 37th St
$ / 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 Eighth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 500 Eighth 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 a 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 Eighth Avenue, New York, NY Property Overview

Building Address: 500 Eighth Ave, New York NY 10018
Building Alternate Address: 500 8th Ave, New York, NY
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:12
Year Built:1922
Building Class:B
Block & lot:00785-0001

500 Eighth Avenue, Manhattan, NYC is a historic multi-use building located in the Garment District. It was built in 1922 and features a mix of office and commercial space. The building spans 12 stories and has a total area of approximately 243,350 square feet, although some sources list a slightly larger figure of around 280,000 square feet.

The property includes 28 commercial units and offers diverse spaces suitable for various business needs. It features multiple entrances, including a grand lobby on 8th Avenue and freight entrances on other streets.

The building's location provides excellent connectivity, being near major transportation hubs like New York Penn Station and the Port Authority Bus Terminal. It is surrounded by significant tech and business locations, including offices for companies like Apple, Amazon, and Facebook.

Historically, the area has been significant for its industrial and commercial activities, contributing to the dynamic urban landscape of Manhattan.

500 Eighth Avenue, Manhattan, NYC

Located between West 35th and West 36th Streets in Midtown Manhattan, 500 Eighth Avenue is a historic multi-use commercial building completed in 1922. The 12-story property spans an entire city block and comprises approximately 243,350 to 280,000 square feet.

The building features 172.5 feet of frontage along 8th Avenue, 94 feet on West 35th Street, and 24 feet on West 36th Street. It offers multiple entrances, including a grand lobby on 8th Avenue, a freight entrance on 35th Street, and a possible private entrance on 36th Street. The property includes seven high-speed elevators, an attended lobby, and secure 24-hour access.

500 Eighth Avenue holds a certificate of occupancy for educational use and provides tax credits for tenants in light manufacturing. It hosts prominent tenants like NYU Education and Pearl Studios NYC, alongside retail tenants such as Staples and Taco Bell.

Notable nearby landmarks and developments include Penn Station, Madison Square Garden, the Javits Center, the High Line, Hudson Yards, the Farley Post Office with Facebook offices, Amazon at 410 Tenth Avenue, Apple at 11 Penn Plaza, Macy’s flagship store, and the Penn Plaza redevelopment project.

The building is well-served by public transportation with New York Penn Station and the Port Authority Bus Terminal just steps away, offering unparalleled connectivity across Manhattan and beyond.

  • Year Built: 1922
  • Stories: 12
  • Total Area: ~243,350 - 280,000 sq ft
  • Frontage: 172.5 ft (8th Ave), 94 ft (W 35th St), 24 ft (W 36th St)
  • Certificate of Occupancy: Educational use
  • Security: 24-hour access, attended lobby
  • Elevators: Seven high-speed and oversized
  • Neighborhood: Garment District / Midtown South
  • Alternate Addresses: 269-271 W 35th St, 268 W 36th St, 500-514 8th Ave

500 Eighth Avenue Building Amenities

  • Seven high-speed and oversized elevators
  • Brand-new ground floor and second-floor windows
  • Attended lobby
  • 24-hour secure access
  • Certificate of occupancy for educational use
  • Tax credit opportunities for tenants in light manufacturing
  • Rooftop patio accessible from the penthouse for various uses
  • New HVAC and air conditioning

Location and Environment

  • Midtown Manhattan multi-use property
  • Proximity to New York Penn Station and Port Authority Bus Terminal
  • Nearby attractions include Madison Square Garden, Javits Center, and the High Line
  • Surrounded by major tech tenants like Apple, Amazon, and Facebook

  • Pearl Studios NYC
  • NYU Education
  • Taco Bell Cantina
  • Staples
  • Crystal Digital Graphics
  • Resource Training Center

Internet Providers at 500 Eighth Ave, Manhattan

ProviderTypeSpeed RangeStarting Price
Verizon Fios Fiber 300 Mbps - 2.3 Gbps $34.99/mo†
Spectrum Cable/Fiber 100 Mbps - 1 Gbps $30/mo
Astound Broadband Cable/Fiber 300 Mbps - 1.5 Gbps $25/mo
T-Mobile Home Internet 5G 87-415 Mbps $35/mo*
Optimum Fiber 300 Mbps - 8 Gbps $40/mo

†Requires Verizon mobile plan
*Mobile subscription may be required


Transportation Options near 500 Eighth Avenue, Manhattan, NYC

500 Eighth Avenue is located between West 35th and West 36th Streets in Midtown Manhattan.

Subway Access

  • Nearest Subway Stations:
    • 34 St-Penn Station (1 minute walk) - Lines: 1, 2, 3, A, C, E
    • 34 St-Herald Sq (7 minute walk) - Lines: B, D, F, M, N, Q, R, W
    • 8 Av/W 37 St (2 minute walk) - Lines: A, C, E
  • Subway lines serving the area: 1, 2, 3, A, C, E, B, D, F, M, N, Q, R, W

Bus Access

  • Nearby Bus Stops:
    • 8 Av/W 37 St (2 minute walk)
    • W 34 St/8 Av
    • Services include: M7, M20, M34-SBS, M34A-SBS, 119, 34TH ST, SIM23, SIM24

Train Access

  • New York Penn Station is approximately 1-6 minutes walking distance providing:
    • Empire Service
    • Harlem
    • Port Jefferson Branch
    • Port Washington Branch
    • ACELA, Adirondack, Cardinal, Carolinian, Crescent
    • PATH trains

Cross Streets

500 Eighth Avenue occupies the block bounded by West 35th Street to the south and West 36th Street to the north along Eighth Avenue.

Office Tenants Rented / Leased 500 Eighth Avenue
  • Crystal Digital Graphics leased 1,850 SF
  • Resource Training Center leased 5,000 SF
  • Pearl Spaces LLC leased 23,500 SF
  • Heckler Electric Company leased 2,700 SF
  • Staples Inc. leased 16,000 SF
  • Taco Bell leased 2,000 SF
Retail Tenants Rented / Leased 500 Eighth Avenue
  • Taco Bell Cantina leased 2,451 SF
Nearby Office Tenants Leased
  • Cach leased 43,050 SF at 256 West 38th St
  • BBDO leased 41,000 SF at 1375 Broadway
  • Oce Business Services leased 41,000 SF at 460 West 34th St
  • Mason Tender's District Council Welfare Fund leased 40,000 SF at 520 Eighth Avenue
  • Mueser Rutledge Consulting leased 37,000 SF at 14 Penn Plaza
  • Gina Group leased 36,102 SF at 10 West 33rd Street
  • The Oved Group leased 35,800 SF at 31 West 34th St
  • Knotel leased 35,286 SF at 22 West 38th Street
  • Cicatelli Associates leased 33,446 SF at 505 Eighth Ave
  • Primary leased 31,083 SF at 251 West 30th Street
Nearby Retail Tenants Leased
  • Designer Concepts Distribution leased 4,000 SF at 141 West 36th St
  • GameStop leased 4,000 SF at 50 West 34th St
  • Amici 36 leased 4,000 SF at 519 Eighth Ave
  • Apparel Trading International leased 4,000 SF at 149 West 36th St
  • J.C. Nova leased 3,600 SF at 42 West 38th St
  • Consulate General of Honduras leased 3,500 SF at 255 West 36th St
  • Wasabi leased 3,400 SF at 561 Seventh Ave
  • PYA Importer leased 3,195 SF at 35 West 36th Street
  • Scott Galin and Darell Handler, Handler Real Estate leased 3,100 SF at 8 West 38th Street
  • Neutral Ground leased 3,000 SF at 15 West 37th St

C2 Media Testimonial

C2 Media testimonial To Whom It May Concern: I would like to highly commend Robert King for his professional assistance in helping me locate a new corporate office. Locating the right space takes time, and I was impressed with Robert’s patience not only with myself but with my overseas executives. He never tired of our endless meetings and requests. We found a space we love. And in spite of us concluding our deal, Robert every so often comes by to chat and make sure all is going well professionably and personally. I enthusiastically recommend Robert and Optimal Spaces to anyone looking for space in New York City. Sincerely, Evelyn Pabon Product and Sales Manager C2 Inc. - Contempo Group

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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