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Rent/Lease Office 550 Seventh Ave

$ / SF SF Monthly Rent
Negotiable
8,200
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Bryant Park & 6th Avenue $ 62
14,000
$ 72,333
Penn Plaza & West 33rd Street $ 41
29,000
$ 99,083
Broadway & West 36th Street $ 50
11,700
$ 48,262
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 40th St & Between West 39th Street $ 38
15,100
$ 47,816
W 37th St & Avenue of America $ 36
10,200
$ 31,025
W 37th St & 6th Avenue $ 32
11,400
$ 30,875
Broadway & West 37th Street $ 42
11,100
$ 38,850
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between 5th Avenue $ 50
3,200
$ 13,333
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
Address $ / SF SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 46
2,200
$ 8,525
W 36th St & Between 8th Avenue $ 38
1,600
$ 5,066
Address $ / SF SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eight Avenue $ 33
7,800
$ 21,450
W 30th St & Between West 30th Street $ 30
7,100
$ 17,750
W 35th St & Between West 35th Street $ 33
7,500
$ 20,625
Address $ / SF SF Monthly Rent
Broadway & West 32nd Street $ 46
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Between West 30th Street $ 32
5,000
$ 13,333
Penn Plaza & West 30th Street $ 47
2,500
$ 9,791
W 36th St & Eight Avenue $ 34
6,000
$ 17,250
W 35th St & Between West 35th Street $ 34
5,300
$ 15,237
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 37th St & Seventh Avenue $ 30
6,800
$ 17,000
W 36th St & Eighth Avenue $ 50
3,700
$ 15,570
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 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of America $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70
13,200
$ 77,000
Fifth Ave & West 38th Street $ 56
17,600
$ 82,133
Ninth Ave & Between Dyer Avenue $ 128
9,400
$ 100,266
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between 7th Avenue $ 70
4,700
$ 27,416
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
W 38th St & Avenue of the Americas $ 58
3,500
$ 16,770
W 37th St & Between 5th Avenue $ 64
3,200
$ 17,066
Broadway & West 37th Street $ 68
5,500
$ 30,937
Address $ / SF SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 68
2,300
$ 12,937
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of America $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40
9,300
$ 31,000
W 39th St & Eight Avenue $ 40
11,400
$ 38,000
7th Ave & Between 7th Avenue $ 55
7,800
$ 35,750
Seventh Ave & Sixtenth Street $ 46
10,000
$ 38,333
Eighth Ave & West 36th Street $ 40
7,500
$ 25,000
Eighth Ave & Between 8th Avenue $ 40
7,900
$ 26,004
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,250
Broadway & West 32nd Street $ 44
9,800
$ 35,525
W 38th St & 5th Avenue $ 62
7,500
$ 38,437
Fifth Ave & West 34th Street $ 48
7,400
$ 29,908
Seventh Ave & West 35th Street $ 60
9,300
$ 46,887
Tenth Ave & West 37th Street $ 49
7,900
$ 32,258
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,666
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eight Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between 8th Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Between West 36th Street $ 35
1,600
$ 4,666
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Seventh Ave & West 40 Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of America $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 34th St & Avenue of America $ 45
2,000
$ 7,500
7th Ave & Between 7th Avenue $ 57
1,600
$ 7,600
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & twentieth Road $ 39
8,100
$ 26,325
W 35th St & Seventh Avenue $ 40
8,800
$ 29,333
W 35th St & Fifth Avenue $ 41
8,200
$ 28,016
Eighth Ave & West 36th Street $ 42
16,000
$ 55,333
Eighth Ave & West 39th Street $ 40
11,400
$ 38,475
Broadway & West 31st Street $ 50
7,700
$ 31,762
W 37th St & Eight Avenue $ 46
10,000
$ 38,333
W 35th St & Broadway $ 36
7,700
$ 23,100
W 37th St & Between West 36th Street $ 38
7,200
$ 22,800
W 39th St & Eighth Avenue $ 36
9,200
$ 27,216
W 36th St & Eighth Avenue $ 29
9,500
$ 22,958
W 36th St & Ninth Avenue $ 36
8,500
$ 25,500
Address $ / SF SF Monthly Rent
W 40th St & Eight Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 35th St & Eighth Avenue $ 32
3,400
$ 9,066
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 46
2,600
$ 9,966
W 36th St & Between Broadway $ 34
6,000
$ 17,250
W 35th St & Seventh Avenue $ 38
4,400
$ 13,933
W 35th St & Between West 35th Street $ 36
5,600
$ 16,800
W 37th St & Ninth Avenue $ 42
4,600
$ 16,057
W 38th St & Between West 37th Street $ 40
2,700
$ 9,112
W 39th St & Fifth Avenue $ 44
6,500
$ 24,104
Address $ / SF SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 37th St & Eight Avenue $ 35
2,400
$ 7,000
W 39th St & Between West 39th Street $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 36
2,300
$ 6,804
W 32nd St & Ninth Avenue $ 50
1,800
$ 7,500
W 35th St & Between West 35th Street $ 36
2,100
$ 6,387

Retail Spaces for Rent at 550 Seventh Ave

Rent Medical Space at 550 Seventh Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 550 Seventh Avenue. This trend is projected to continue. Opportunities for subleases remain available at 550 Seventh Avenue and in the nearby Penn Plaza/Garment neighborhood.
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550 Seventh Avenue Property Overview

Building Address: 550 Seventh Ave, New York NY 10018
Building Alternate Address: 550 7th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:24
Year Built:1924
Building Class:B
Block & lot:00789-0036

550 Seventh Avenue, located at the northwest corner of West 39th Street in Manhattan's Garment District, is a distinguished tall office building completed in 1925. Designed by the architectural firm Buchman & Kahn, the building rises 23 stories to a height of approximately 85.7 meters (281 feet). It stands as a notable example of early 20th-century commercial architecture in New York City.

The property occupies a significant footprint with a lot size of around 9,875 square feet and a building area of approximately 225,981 square feet. Since its completion in the mid-1920s, 550 Seventh Avenue has served primarily as an office building within the bustling Garment District, contributing to the commercial vitality of the neighborhood.

Over the decades, the building has maintained its prominence in Midtown Manhattan’s skyline, reflecting the historical growth and architectural trends of the era. Its durable construction and classic design have allowed it to remain functional and relevant nearly a century after its initial development.

550 Seventh Avenue is a significant location in Manhattan, New York City. It is home to a Bank of America financial center offering a variety of banking services, including walk-up ATM access and extended hours. Located in the Penn Plaza/Garment neighborhood, this 24-story building, constructed in 1924, is classified as a Class B office building.

The area is vibrant and close to Times Square, known for its theaters, live shows, and major events, making it a hub of activity in New York City. It also offers proximity to educational institutions like ASA College Manhattan and Berkeley College-New York.


550 Seventh Avenue is a 24-story Class B office building in Manhattan, NYC, built in 1924 with a total building size of 270,851 square feet and typical floor size of 11,695 square feet.

The building offers the following amenities:

  • 24-hour access
  • Lobby staffed 24/7
  • Elevator key card access system
  • Key card access for after-hours
  • Onsite property management
  • Surface parking
  • Covered parking
  • Convenient access to bus lines and metro/subway

Office Tenants at 550 Seventh Avenue, Manhattan, NYC

The 24-story office building at 550 Seventh Avenue, located in the Penn Plaza/Garment District of Manhattan, hosts a variety of tenants spanning different industries. The building has transitioned from primarily fashion-related tenants to a more diverse group in recent years.

  • Headquarters by WeWork – occupying five noncontiguous floors, totaling approximately 52,477 square feet, and catering to medium-sized businesses across sectors including fashion, technology, media, and creative services.
  • Nassimi
  • Shanghai Shenda America
  • Badgley Mischka (recently announced plans to leave but was a notable tenant)
  • InVision Communications
  • Mortgage related services and Bank of America
  • Mitchell Martin Inc

Historically, the building was home to prominent fashion brands such as Donna Karan, Ralph Lauren, and Oscar de la Renta, reflecting its Art Deco heritage and location in the Garment District. Recent renovations have modernized the building's lobby, facade, and amenities to support a broader tenant base.


Internet Providers for 550 Seventh Ave, Manhattan, NYC

Several major internet service providers offer coverage in Midtown Manhattan, including 550 Seventh Ave.

Verizon Fios

Verizon Fios is a leading fiber-optic provider in Manhattan known for fast, symmetrical speeds starting at 300 Mbps and up to 2 Gbps. It offers bundles with TV, phone, and mobile services and is highly rated for customer service.

Astound Broadband Powered by RCN

Astound Broadband (formerly RCN) provides both cable and fiber internet services with download speeds up to 1.5 Gbps. It is known for competitive pricing and unlimited data plans, with widespread coverage in Manhattan.

Spectrum

Spectrum offers cable and fiber internet services with speeds up to 1 Gbps. It is widely available throughout Manhattan, including Midtown, and offers no data caps with bundled TV and phone options.

Optimum

Optimum provides some of the fastest internet speeds in New York City, with plans reaching up to 8 Gbps in select areas. It offers fiber and cable internet services.

Xfinity

Xfinity offers cable internet with speeds up to 2 Gbps and various bundling options, commonly available in Manhattan neighborhoods.


Location Overview:
550 Seventh Ave is located in the heart of Manhattan, New York City, offering easy access to various modes of public transportation.

Nearest Public Transportation:

  • Subway: Close to multiple lines including the B, D, F, M at 42nd Street–Bryant Park and the A, C, E at 42nd Street–Port Authority Bus Terminal. However, the nearest subway stations for direct access typically would be around Times Square.
  • Bus: Served by buses such as M7, M20, M42, and Q32.
  • Train: New York Penn Station is approximately a 7-minute walk away, providing access to NJ Transit and other commuter services.

Cross Streets: 550 Seventh Ave is situated between West 39th and West 40th Streets.


Sander Partnership Inc Testimonial

Sander Partnership Inc testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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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.
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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.

Office Buildings by Class in Penn Plaza/Garment

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