Rent/Lease Office 505 Eighth Ave

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

• 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
• Primary leased 31,083 SF at 251 West 30th Street
• Retail Wholesale and Department Store Union leased 30,500 SF at 7 Penn Plaza

• 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
• Food Hall leased 3,000 SF at 221 West 37th Street