Rent Office 505 Eighth Avenue

Lease Office - 505 Eighth Ave

$ / SF SF Monthly Rent
$ 43
7,500
$ 26,875
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 46
3,000
$ 11,500
$ / SF SF Monthly Rent
$ 42
1,600
$ 5,666

Rent Sublease Office - 505 Eighth Ave

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Negotiable
4,700
Negotiable
$ / SF SF Monthly Rent
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1313 $ 775
Interior office/person $ 1350 $ 813 $ 525
Team Rooms $ 10100 $ 8063 $ 5025
Suites $ 20100 $ 12063 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 37th Street Negotiable
8,700
Negotiable
Tenth Ave & Between West 79th Street Negotiable
37,900
Negotiable
Broadway & West 38th Street Negotiable
8,800
Negotiable
Seventh Ave & West 37th Street Negotiable
7,600
Negotiable
Broadway & West 41st Street Negotiable
13,200
Negotiable
Address $ / SF SF Monthly Rent
Broadway & West 37th Street Negotiable
3,500
Negotiable
Broadway & West 40th Street Negotiable
5,500
Negotiable
Broadway & West 38th Street Negotiable
6,900
Negotiable
Broadway & West 41st Street Negotiable
6,800
Negotiable
Broadway & West 36th Street Negotiable
3,600
Negotiable
2 & West 31st Street Negotiable
5,500
Negotiable
Penn Plaza & West 33rd Street Negotiable
3,800
Negotiable
W 41st St & Between West 40th Street Negotiable
6,600
Negotiable
Broadway & West 32nd Street Negotiable
6,000
Negotiable
Broadway & West 39th Street Negotiable
2,800
Negotiable
W 40th St & Avenue of Americas Negotiable
2,900
Negotiable
Broadway & West 38th Street Negotiable
5,000
Negotiable
Address $ / SF SF Monthly Rent
Broadway & West 37th Street Negotiable
2,300
Negotiable
Broadway & West 39th Street Negotiable
1,800
Negotiable
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
W 40th St & Avenue of Americas Negotiable
1,800
Negotiable
Broadway & West 38th Street Negotiable
2,000
Negotiable
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street Negotiable
24,500
Negotiable
Broadway & West 36th Street Negotiable
20,300
Negotiable
7th Ave & West 37th Street Negotiable
25,700
Negotiable
W 39th St & Eighth Avenue Negotiable
7,700
Negotiable
W 35th St & Eight Avenue Negotiable
9,000
Negotiable
Tenth Ave & West 36th Street Negotiable
19,800
Negotiable
W 38th St & Eight Avenue Negotiable
14,400
Negotiable
Eighth Ave & W 35th Street Negotiable
8,000
Negotiable
Tenth Ave & West 37th Street Negotiable
7,900
Negotiable
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
W 35th St & Avenue of America Negotiable
3,000
Negotiable
W 39th St & Ninth Avenue Negotiable
3,200
Negotiable
W 38th St & Between West 37th Street Negotiable
2,600
Negotiable
W 39th St & Eighth Avenue Negotiable
4,200
Negotiable
W 35th St & Eight Avenue Negotiable
3,200
Negotiable
Eighth Ave & West 35th Street Negotiable
3,200
Negotiable
W 38th St & Eight Avenue Negotiable
5,700
Negotiable
Eighth Ave & W 35th Street Negotiable
4,600
Negotiable
Address $ / SF SF Monthly Rent
Seventh Ave & West 38th Street Negotiable
1,800
Negotiable
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
W 35th St & Eight Avenue Negotiable
1,700
Negotiable
Eighth Ave & West 35th Street Negotiable
1,700
Negotiable
W 38th St & Eight Avenue Negotiable
1,600
Negotiable
Eighth Ave & West 38th Street Negotiable
1,700
Negotiable
W 36th St & Seventh Avenue Negotiable
2,400
Negotiable
7th Ave & Between 7th Avenue Negotiable
2,200
Negotiable
Avenue of the Americas & West 39th Street $ 61
2,300
$ 11,691
Avenue of the Americas & West 31st Street Negotiable
2,200
Negotiable
W 38th St & Eighth Avenue Negotiable
1,700
Negotiable
W 36th St & Avenue of the Americas Negotiable
1,800
Negotiable
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
8,800
Negotiable
W 39th St & Eighth Avenue Negotiable
9,200
Negotiable
Eighth Ave & West 36th Street $ 44
16,000
$ 58,666
W 37th St & Eight Avenue Negotiable
10,500
Negotiable
Broadway & West 30th Street Negotiable
12,000
Negotiable
W 35th St & Seventh Avenue Negotiable
9,000
Negotiable
Eighth Ave & West 39th Street $ 43
11,400
$ 40,850
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
2,500
Negotiable
W 35th St & Eighth Avenue Negotiable
2,700
Negotiable
Seventh Ave & West 30th Street Negotiable
3,800
Negotiable
Eighth Ave & West 36th Street Negotiable
5,800
Negotiable
W 32nd St & Ninth Avenue Negotiable
2,800
Negotiable
W 37th St & Eight Avenue $ 36
5,400
$ 15,975
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
2,100
Negotiable
W 35th St & Eighth Avenue Negotiable
1,800
Negotiable
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 32nd St & Ninth Avenue Negotiable
2,000
Negotiable
Broadway & West 30th Street Negotiable
1,800
Negotiable
W 35th St & Seventh Avenue Negotiable
1,800
Negotiable
W 35th St & Between West 35th Street Negotiable
2,100
Negotiable
Eighth Ave & West 38th Street Negotiable
1,700
Negotiable
W 32nd St & Broadway Negotiable
1,900
Negotiable
W 37th St & Eight Avenue Negotiable
2,100
Negotiable

Retail Spaces for Rent

Rent Retail - 505 Eighth Ave

$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Rent Retail - 505 Eighth Ave

$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Nearby retail Spaces for Rent

Address $ / SF SF Monthly Rent
Seventh Ave & West 37th Street Negotiable
2,000
Negotiable
West 33rd St & Seventh Avenue Negotiable
22,300
Negotiable
2 & West 31st Street Negotiable
2,200
Negotiable
Fifth Ave & West 33rd Street Negotiable
15,400
Negotiable
Fifth Ave & West 39th Street Negotiable
6,100
Negotiable
Seventh Ave & Between West 33rd Street Negotiable
10,700
Negotiable
Ninth Ave & Between Dyer Avenue Negotiable
2,100
Negotiable
W 34th St & Between 7th Avenue Negotiable
6,700
Negotiable
Address $ / SF SF Monthly Rent
Seventh Ave & West 37th Street Negotiable
1,100
Negotiable
Ninth Ave & Between Dyer Avenue Negotiable
1,100
Negotiable
Address $ / SF SF Monthly Rent
Broadway & West 39th Street Negotiable
900
Negotiable
Address $ / SF SF Monthly Rent
W 35th St & Avenue of America Negotiable
6,000
Negotiable
Fifth Ave & West 35th Street $ 125
2,000
$ 20,833
Seventh Ave & West 37th Street Negotiable
3,100
Negotiable
W 39th St & Eight Avenue Negotiable
2,500
Negotiable
W 38th St & Eight Avenue Negotiable
3,000
Negotiable
Eighth Ave & W 35th Street Negotiable
12,000
Negotiable
Avenue of the Americas & West 31st Street Negotiable
11,800
Negotiable
Penn Plaza & Eighth Avenue Negotiable
2,500
Negotiable
Fifth Ave & West 37th Street Negotiable
5,800
Negotiable
W 34th St & Fifth Avenue Negotiable
3,700
Negotiable
W 33rd St & Seventh Avenue Negotiable
9,300
Negotiable
W 36th St & Seventh Avenue Negotiable
5,300
Negotiable
6th Ave & Avenue of Americas Negotiable
2,700
Negotiable
Broadway & West 38th Street Negotiable
2,500
Negotiable
5th Ave & West 36th Avenue Negotiable
8,900
Negotiable
W 31st St & Between West 30th Street Negotiable
3,800
Negotiable
Fifth Ave & East 35th Street $ 44
5,800
$ 21,266
W 37th St & Avenue of the Americas $ 30
6,200
$ 15,758
Address $ / SF SF Monthly Rent
Seventh Ave & West 36th Street Negotiable
1,800
Negotiable
W 38th St & Eight Avenue Negotiable
2,000
Negotiable
Broadway & West 37th Street Negotiable
1,000
Negotiable
Avenue of the Americas & West 31st Street Negotiable
1,800
Negotiable
W 38th St & Between West 37th Street $ 82
1,200
$ 8,250
W 37th St & Eight Avenue Negotiable
1,200
Negotiable
W 33rd St & Seventh Avenue Negotiable
1,400
Negotiable
Broadway & West 38th Street Negotiable
1,800
Negotiable
W 31st St & Between West 30th Street Negotiable
1,900
Negotiable
W 37th St & Avenue of the Americas $ 80
2,000
$ 13,333
W 30th St & Avenue of Americas $ 106
1,600
$ 14,066
Address $ / SF SF Monthly Rent
W 38th St & Eight Avenue Negotiable
1,000
Negotiable
Avenue of the Americas & West 31st Street Negotiable
500
Negotiable
Broadway & West 38th Street Negotiable
900
Negotiable
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue Negotiable
3,200
Negotiable
Tenth Ave & Between West 79th Street Negotiable
2,300
Negotiable
W 32nd St & Ninth Avenue $ 51
2,100
$ 8,925
W 37th St & Eight Avenue $ 30
10,000
$ 25,416
W 32nd St & Between 5th Avenue Negotiable
7,500
Negotiable
Eighth Ave & Eighth Avenue Negotiable
2,500
Negotiable
W 37th St & Ninth Avenue Negotiable
2,200
Negotiable
W 38th St & Avenue of America Negotiable
2,500
Negotiable
W 36th St & Eighth Avenue $ 30
4,600
$ 11,691
Address $ / SF SF Monthly Rent
W 32nd St & Ninth Avenue $ 45
1,200
$ 4,500
Eighth Ave & Eighth Avenue Negotiable
1,300
Negotiable
W 37th St & Eight Avenue Negotiable
1,200
Negotiable
W 38th St & Avenue of America Negotiable
1,900
Negotiable
W 30th St & Avenue of Americas $ 105
1,600
$ 14,000
W 38th St & Eighth Avenue $ 31
1,500
$ 3,875
W 37th St & Between 6th Avenue Negotiable
1,000
Negotiable
Address $ / SF SF Monthly Rent
W 32nd St & Ninth Avenue $ 45
1,000
$ 3,750
W 38th St & Ninth Avenue $ 42
800
$ 2,800
Seventh Ave & West 38th Street Negotiable
900
Negotiable

Rent Medical Space

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

Nearby medical Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Broadway & West 41st Street Negotiable
3,700
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 34th St & Fifth Avenue $ 44
5,700
$ 20,900
Fifth Ave & East 35th Street $ 48
5,800
$ 23,200
Fifth Ave & West 34th Street $ 46
5,200
$ 19,716
Address $ / SF SF Monthly Rent
W 38th St & Avenue of the Americas Negotiable
3,900
Negotiable
W 36th St & Between West 36th Street $ 34
3,600
$ 10,050
Fifth Ave & West 34th Street $ 46
3,500
$ 13,270
Address $ / SF SF Monthly Rent
W 38th St & Avenue of the Americas Negotiable
2,800
Negotiable
W 36th St & Between West 36th Street $ 38
1,600
$ 5,133
W 34th St & Avenue of America Negotiable
1,800
Negotiable
W 36th St & Fifth Avenue Negotiable
2,300
Negotiable
Address $ / SF SF Monthly Rent
W 36th St & Between Broadway $ 28
5,000
$ 11,875
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 32nd St & Ninth Avenue $ 45
2,800
$ 10,500
505 Eighth Avenue nyc
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Lease 505 Eighth Avenue

Rent 505 Eighth Avenue Property Overview

Bulding Address: 505 Eighth Ave, New York NY 10018
Building Alternate address: 505 8th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:25
Year Built:1926
Building Class:B
Block & lot:00759-0037

505 Eighth Avenue, Manhattan, NYC

Originally known as the Hoover Building, 505 Eighth Avenue was constructed in 1926 by architect Chester James Storm. However, some sources list the completion year as 1929 or 1930. The 25-story building features a mix of architectural styles, with a base clad in grey stone and upper levels in tan brick, accompanied by ornate terra cotta details on the second through fourth floors.

The building is situated on the northwest corner of Eighth Avenue and 35th Street, just one block away from Penn Station, a major transportation hub. This prime location offers easy access to various subway lines, NJ Transit trains, LIRR, and Amtrak services.

Historically, the site was once home to the Sagamore Hotel, which suffered a catastrophic collapse in 1904. In the 20th century, 505 Eighth Avenue housed diverse tenants, including fashion and media companies, which contributed to its reputation as part of the "style capital of the world."

The building underwent restroom renovations in 2015. Today, it is known for its modernized lobby with 24/7 security and keycard access, making it a secure and convenient space for its occupants.

505 Eighth Avenue

Located at the corner of West 35th Street and 8th Avenue in Manhattan, New York City, 505 Eighth Avenue was originally known as the Hoover Building.

Built in 1926 by architect Chester James Storm, this 25-story office building encompasses 292,000 square feet, including one below-grade floor.

The building features a modernized lobby that is attended 24/7, offering keycard access for convenient and secure entry at all hours.

Restroom renovations were completed in 2015.

Construction consists of steel, brick, and mortar. Typical floor size is approximately 12,400 to 12,500 rentable square feet, with an average slab-to-slab ceiling height of 11 feet and column spacing of 10 feet.

Elevator service includes 5 passenger and 3 freight elevators. HVAC systems are tenant-controlled packaged air-cooled units with perimeter steam and pipe heating. Electrical capacity is rated at 6 watts per rentable square foot.

Windows are double-insulated and operable. The building is fully sprinklered and equipped with a Class E fire alarm system and defibrillator for life safety.

Security access includes a 24/7 attended lobby, key card control, and closed-circuit cameras.

Transportation

505 Eighth Avenue is situated one block from Penn Station, a major transit hub providing access to subway lines A, C, E, 1, 2, and 3, as well as NJ Transit, Long Island Rail Road (LIRR), and Amtrak regional trains.

Additional nearby subway lines include B, D, F, M, N, Q, R, and W within a few blocks, facilitating easy commute options.

Neighborhood Amenities

The area offers numerous amenities such as Macy’s, Madison Square Garden, Bryant Park, Times Square, AMC Loews Theater, Whole Foods Market, US Post Office, The New Yorker Hotel, DoubleTree Hotel, Starbucks, and various eateries and lounges.


Amenities at 505 Eighth Avenue, Manhattan, NYC

  • Modernized lobby attended 24/7
  • Keycard access for secure, convenient entry
  • 24/7 building access with security guard presence
  • Five passenger elevators and three freight elevators
  • Tenant-controlled packaged air-cooled HVAC units with perimeter steam and pipe heating
  • Double-insulated, operable windows
  • Class E fire alarm system with command station and defibrillator
  • Fully sprinklered building for fire safety
  • Closed-circuit security cameras throughout
  • Electrical capacity of 6 watts per rentable square foot
  • Restrooms renovated in 2015
  • Building size: 292,000 square feet over 25 stories plus 1 below-grade floor
  • Floor loads rated at 120 lbs. per square foot
  • Average slab-to-slab ceiling heights of 11 feet
  • Column spacing of 10 feet
  • Freight entrance located on West 35th Street for deliveries
  • Telecom providers include Verizon and Spectrum with fiber internet options available
  • Cleaning services provided for common areas Monday through Friday
  • Prime location one block from Penn Station with access to multiple subway lines and regional trains

Office Tenants at 505 Eighth Ave, Manhattan, NYC

505 Eighth Avenue, originally known as the Hoover Building, is a 25-story, 292,000 square-foot office building located at the corner of West 35th Street and 8th Avenue in Manhattan's Garment District. The building features a modernized lobby with 24/7 attendance and keycard access, and is situated one block from Penn Station, offering convenient access to multiple subway lines and regional trains.

Notable Tenants

  • Ettinger Engineering Associates – An engineering consulting firm occupying 7,600 square feet on the 24th floor, recently renewing their lease for five more years after originally moving in 1989.
  • Upwardly Global – A nonprofit organization linking refugees with jobs, occupying 3,675 square feet on the 17th floor, having relocated within the building to accommodate growth, with a lease renewed for seven years.
  • WhyHunger – A nonprofit addressing food scarcity, moving from the 21st floor to a newly configured 2,700 square-foot space on the 12th floor, continuing their long tenure of over 30 years in the building.

The building is home to a diverse mix of tenants including nonprofit organizations, engineering firms, media, creative agencies, law firms, and tech companies. GFP Real Estate, the building's management, maintains strong, long-term relationships with tenants, providing stability and support even through challenging periods such as the pandemic.

Asking rents start in the high $30s to low $40s per square foot, reflecting the building’s prime location and amenities.


Internet Providers at 505 Eighth Ave

Provider Technology Max Download Max Upload
Verizon New York Fiber 1 Gb/s 25 Mb/s
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
tw telecom Fiber 10 Gb/s 10 Gb/s
Pilot Fiber Fiber 10 Gb/s 10 Gb/s

505 Eighth Avenue is located in the heart of Manhattan, at the northwest corner of West 35th Street and 8th Avenue, within the vibrant Garment District neighborhood. This location offers excellent public transportation access, making it a Rider's Paradise.

Nearest Subway Stations: - 34 St - Penn Station (A, C, E lines) - 5-minute walk - 34 St - Herald Square (B, D, F, M, N, Q, R, W lines) - 5-minute walk

Bus Stops: - 8 Av/W 34 St (1-minute walk) - W 34 St/8 Av (2-minute walk) - W 34th St & 8th Ave (Westbound) (2-minute walk)

Trains: - Nearby access to Amtrak, NJ Transit, and Long Island Rail Road (LIRR) at Penn Station.

Rent Office - 505 Eighth Avenue Average

Year $ / SF
2018 48.4
2019 48.0
2020 44.79
2021 39.11
2022 41.11
Year$ / SF
202224.0

Lempert Brothers Intl USA. Testimonial

Lempert Brothers Intl USA. testimonial

We love a challenge!

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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