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Rent/Lease Office 561 Seventh Ave

$ / SF / Yr SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Bryant Park & Sixth Avenue $ 60
14,000
$ 70,000
Penn Plaza & West 33rd Street $ 41.5
29,000
$ 100,291
Broadway & West 36th Street $ 48
11,700
$ 46,800
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 40th St & Seventh Avenue $ 38
15,100
$ 47,816
W 37th St & Avenue of the Americas $ 34.5
10,200
$ 29,325
W 37th St & Sixth Avenue $ 33.5
11,400
$ 31,825
Broadway & West 37th Street $ 42
11,100
$ 38,850
Ninth Ave & West 34th Street $ 35
24,600
$ 71,750
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF / Yr 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 Fifth Avenue $ 50
3,200
$ 13,333
W 37th St & Sixth Avenue $ 35
3,500
$ 10,208
Address $ / SF / Yr 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 $ 46.5
2,200
$ 8,525
W 36th St & Between Eighth Avenue $ 38
1,600
$ 5,066
Address $ / SF / Yr SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eighth Avenue $ 33
7,800
$ 21,450
W 30th St & Fifth Avenue $ 30
7,100
$ 17,750
Address $ / SF / Yr SF Monthly Rent
Broadway & West 32nd Street $ 46.28
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 & Fifth Avenue $ 33
5,000
$ 13,750
Penn Plaza & West 30th Street $ 48
2,500
$ 10,000
W 36th St & Eighth Avenue $ 35.5
6,000
$ 17,750
W 35th St & Seventh Avenue $ 35.5
5,300
$ 15,679
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
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 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of the Americas $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70.5
13,200
$ 77,550
Fifth Ave & West 38th Street $ 56.5
17,600
$ 82,866
Ninth Ave & Between Dyer Avenue $ 128.5
9,400
$ 100,658
Address $ / SF / Yr 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 Seventh Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 65.5
4,600
$ 25,108
2 & West 31st Street $ 140.5
5,300
$ 62,054
W 40th St & Avenue of the Americas $ 73
2,900
$ 17,641
Fifth Ave & West 38th Street $ 61
3,800
$ 19,316
W 38th St & Avenue of the Americas $ 56
3,500
$ 16,333
W 37th St & Between Fifth Avenue $ 62.5
3,200
$ 16,666
Broadway & West 37th Street $ 67.5
5,500
$ 30,937
Address $ / SF / Yr SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 67.5
2,300
$ 12,937
Address $ / SF / Yr 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 the Americas $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40.5
9,300
$ 31,387
7th Ave & Between Seventh Avenue $ 55.5
7,800
$ 36,075
Seventh Ave & West 35th Street $ 46.5
10,000
$ 38,750
Eighth Ave & West 36th Street $ 40.5
7,500
$ 25,312
Eighth Ave & Between Eighth Avenue $ 40
7,900
$ 26,333
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,666
Broadway & West 32nd Street $ 44
9,800
$ 35,933
W 38th St & Fifth Avenue $ 62
7,500
$ 38,750
Fifth Ave & West 34th Street $ 49
7,400
$ 30,216
Tenth Ave & West 37th Street $ 49.5
7,900
$ 32,587
W 33rd St & Fifth Avenue $ 40.5
7,100
$ 23,962
W 34th St & Fifth Avenue $ 31
7,300
$ 18,858
Address $ / SF / Yr 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 & Eighth 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 Eighth 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 / Yr SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Eighth Avenue $ 35
1,600
$ 4,666
W 38th St & Fifth Avenue $ 35
2,200
$ 6,416
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 the Americas $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 38th St & Eighth Avenue $ 35
2,000
$ 5,833
W 34th St & Avenue of the Americas $ 45
2,000
$ 7,500
7th Ave & Between Seventh 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
Broadway & West 32nd Street $ 45
1,700
$ 6,375
Address $ / SF / Yr SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & Fifth Avenue $ 39
8,100
$ 26,325
W 35th St & Fifth Avenue $ 41.5
8,200
$ 28,358
Eighth Ave & West 36th Street $ 42
16,000
$ 56,000
Eighth Ave & West 39th Street $ 41
11,400
$ 38,950
Broadway & West 31st Street $ 50
7,700
$ 32,083
W 37th St & Eighth Avenue $ 46.5
10,000
$ 38,750
W 35th St & Broadway $ 36.5
7,700
$ 23,420
W 37th St & Avenue of the Americas $ 38.5
7,200
$ 23,100
W 36th St & Eighth Avenue $ 29.5
9,500
$ 23,354
W 36th St & Ninth Avenue $ 36.5
8,500
$ 25,854
Address $ / SF / Yr SF Monthly Rent
W 40th St & Eighth 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 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 $ 44.5
2,600
$ 9,641
W 36th St & Between Broadway $ 33
6,000
$ 16,500
W 35th St & Seventh Avenue $ 36.5
4,400
$ 13,383
W 37th St & Ninth Avenue $ 40.39
4,600
$ 15,482
W 38th St & Fifth Avenue $ 39
2,700
$ 8,775
W 39th St & Fifth Avenue $ 43
6,500
$ 23,291
Address $ / SF / Yr 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 39th St & Eighth Avenue $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 35.5
2,300
$ 6,804

Retail Spaces for Rent at 561 Seventh Ave

Rent Retail 561 Seventh Ave

Rent Medical Space at 561 Seventh Ave

Office Tenants Rented / Leased 561 Seventh Avenue
  • The Network Place LLC leased 0 SF
  • Parksbynature Network leased 0 SF
  • Blueprint Lighting leased 2,950 SF
  • Resource Options leased 1,500 SF
  • SeaFrigo USA leased 2,800 SF
  • Hafadai INC leased 1,500 SF
  • Handler Real Estate Servi… leased 3,000 SF
  • Handro Management Group leased 3,000 SF
  • Element Music leased 3,944 SF
  • Big Apple Performing Arts leased 1,536 SF
Retail Tenants Rented / Leased 561 Seventh Avenue
  • Wasabi leased 3,400 SF
Nearby Office Tenants Leased
  • Lilker Associates Consulting Engineers leased 24,034 SF at 1001 Avenue of the Americas
  • 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
Nearby Retail Tenants Leased
  • 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
  • Baja Fresh leased 1,800 SF at 1441 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 561 Seventh Avenue. This trend is projected to continue. Opportunities for subleases remain available at 561 Seventh 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

561 Seventh Avenue Property Overview

Building Address: 561 Seventh Ave, New York NY 10018
Building Alternate Address: 561 7th Ave
Zip Code:10018
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:21
Year Built:1925
Building Class:B
Block & lot:00993-0001

Located at the northeast corner of Seventh Avenue and 40th Street in Manhattan's Theatre District, 561 Seventh Avenue is a 21-story commercial office building originally constructed in 1925. The building encompasses approximately 71,741 square feet of space and has been classified as an Office Only building, with or without commercial use, under building class O4.

The architectural design of 561 Seventh Avenue is attributed to Charles B. Meyers, a noted architect of the era, with construction completed in 1926. The mid-1920s completion of this tall building coincided with the tenure of Jimmy Walker as mayor of New York City, a notable period in the city's development.

Since its original construction, the building has undergone significant alterations, including a substantial renovation in 1989, which modernized the structure while maintaining its original height and footprint. The building sits on a lot of approximately 3,555 square feet in area and has a current assessed market value exceeding $21 million, reflecting its prime Midtown Manhattan location.

Historically, 561 Seventh Avenue has housed numerous commercial tenants and offered 26 distinct commercial units, serving a variety of business uses. Its location in the Penn Plaza and Garment District neighborhoods underscores its connection to the vibrant commercial and theater activities that characterize this part of Manhattan.

561 Seventh Avenue

Address: 561 7th Avenue, New York, NY 10018
Secondary Address: 149-151 W 40th St
Neighborhood: Theatre District - Times Square
Borough: Manhattan
Building Class: Office Only with or without Commercial - 20 Stories or More (O4)
Year Built: 1925
Stories: 21
Building SqFt: 71,741
Lot SqFt: 3,555
Current Market Value: $21,337,000 (2024)

Features

  • Full-floor opportunities with natural light on 3 sides
  • 24-hour access & property management on-site
  • Newly renovated lobby and elevators
  • Private bathrooms per floor
  • Tenant-controlled HVAC
  • Adjacent to 123/NWRQ subway lines
  • Short walk to Penn Station/Grand Central

  • Fitness center
  • Conference rooms
  • 24/7 security
  • Expansive window lines
  • High ceilings
  • Customizable floor plates
  • Premier boutique loft spaces
  • Full-floor installations
  • Light on three sides
  • Executive offices
  • Large conference rooms
  • Wet pantry
  • High-end reception area
  • Private restrooms
  • 24/7 doorman
  • Convenient transportation access

561 Seventh Avenue, Manhattan, NYC - Office Tenants Rented / Leased

7th Floor, Suite 703

  • Size: 1,537 SF
  • Term: Negotiable
  • Space Use: Office
  • Condition: Full Build-Out
  • Availability: Now
  • Features: Fully built-out partial floor with 3 private offices, 1 internal meeting room, wet pantry, and open area
  • Additional Info: Recently renovated hallways and excellent light

Entire 5th Floor

  • Size: 3,944 RSF
  • Lease Type: Direct Lease
  • Condition: Pre-built, high-end installation with light on 3 sides
  • Features: 2 executive offices, 5 standard offices/meeting rooms, 1 large conference room, open area for 4-5, new wet pantry, high-end reception area
  • Restrooms: 2 private restrooms
  • Building: 24/7 doorman, convenient access to major transportation and subway

Internet Providers at 561 Seventh Ave, Manhattan, NYC

The following internet service providers offer coverage and high-speed internet options for tenants at 561 Seventh Avenue in Manhattan, NYC:

Verizon Fios

Verizon Fios provides high-speed fiber-optic internet with symmetrical speeds starting at 300 Mbps, reaching up to 2.3 Gbps. It is the largest fiber internet provider in New York City and is highly regarded for its reliable performance and competitive pricing. Verizon Fios service is available for this building, offering options for bundled services including TV and phone.

Astound Broadband Powered by RCN

Astound Broadband offers both cable and fiber internet services with plans that include unlimited data usage. It is known for affordable prices and fiber expansion in Manhattan. Coverage is extensive, and it is a recommended provider for many Manhattan neighborhoods.

Spectrum

Spectrum cable internet is available throughout Manhattan, including 561 Seventh Avenue, providing speeds up to 1 Gbps. It offers competitive pricing and reliable service, with options for bundle packages including TV and phone.

Level 3 Communications

Level 3 Communications delivers fiber internet technology with maximum download and upload speeds up to 10 Gbps, making it a high-capacity option for businesses and tenants at 561 Seventh Avenue.


561 Seventh Avenue, Manhattan, NYC is located in the heart of Times Square, offering easy access to major transportation hubs. The building is situated at the crossroads of Seventh Avenue and West 34th Street, though it specifically sits between West 33rd and West 34th Streets, with direct proximity to several public transit options. Public Transportation: - Subway: It is one block from the 123 & NWRQ trains and a short walk to the FMDB, ACE, 7, S trains at Times Square, as well as the Port Authority Bus Terminal. - Trains: Nearby access to Penn Station and Grand Central. - Buses: Various MTA buses pass through the area. Neighborhood: The building is close to Times Square, providing access to world-class dining, entertainment, and shopping.

Office Tenants Rented / Leased 561 Seventh Avenue
  • The Network Place LLC leased 0 SF
  • Parksbynature Network leased 0 SF
  • Blueprint Lighting leased 2,950 SF
  • Resource Options leased 1,500 SF
  • SeaFrigo USA leased 2,800 SF
  • Hafadai INC leased 1,500 SF
  • Handler Real Estate Servi… leased 3,000 SF
  • Handro Management Group leased 3,000 SF
  • Element Music leased 3,944 SF
  • Big Apple Performing Arts leased 1,536 SF
Retail Tenants Rented / Leased 561 Seventh Avenue
  • Wasabi leased 3,400 SF
Nearby Office Tenants Leased
  • Lilker Associates Consulting Engineers leased 24,034 SF at 1001 Avenue of the Americas
  • 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
Nearby Retail Tenants Leased
  • 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
  • Baja Fresh leased 1,800 SF at 1441 Broadway

Innisfree Mergers and Acquisitions Testimonial

Innisfree Mergers and Acquisitions testimonial Dear Steve, We are pleased to serve as a reference for you and Optimal Spaces Inc. You and your team did a great job for us in finding a sublease at 67 Wall Street. You were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. We look forward to working with you again. Very truly yours, Arthur B. Crozier Co-Chairman
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