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Rent/Lease Office 721-723 7th Ave

$ / SF / Yr SF Monthly Rent
$ 48.5
$ / SF / Yr SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 46th St & Avenue of the Americas $ 60
25,300
$ 126,500
Fifth Ave & West 44th Street $ 75
7,800
$ 48,750
Times Sq & West 41st Street $ 72.5
9,200
$ 55,583
Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 46th Street $ 40.5
4,200
$ 14,175
Fifth Ave & West 45th Street $ 58
2,800
$ 13,533
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
W 45th St & Avenue of the Americas $ 45
3,100
$ 11,625
Address $ / SF / Yr SF Monthly Rent
W 45th St & Fifth Avenue $ 50
1,900
$ 7,916
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
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
Fifth Ave & West 44th Street $ 75
15,100
$ 94,375
Fifth Ave & West 42nd Street $ 125
8,800
$ 91,666
Avenue of the Americas & West 46th Street $ 71.5
27,500
$ 163,854
Avenue of the Americas & West 43rd Street $ 96
11,500
$ 92,000
Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 90
4,700
$ 35,250
W 45th St & Seventh Avenue $ 71.5
3,100
$ 18,470
Broadway & Eighth Avenue $ 64
4,600
$ 24,533
W 47th St & Avenue of the Americas $ 68.5
4,500
$ 25,687
Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 90
2,200
$ 16,500
W 44th St & Fifth Avenue $ 77
2,400
$ 15,400
Avenue of the Americas & West 43rd Street $ 85
1,500
$ 10,625
W 47th St & Avenue of the Americas $ 96
1,700
$ 13,600
Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 44th Street $ 64.5
11,900
$ 63,962
7th Ave & West 40th Street $ 36
9,500
$ 28,500
Address $ / SF / Yr SF Monthly Rent
Broadway & Seventh Avenue $ 43
2,500
$ 8,958
W 44th St & Fifth Avenue $ 48
4,500
$ 18,000
W 41st St & Seventh Avenue $ 50
2,900
$ 12,083
W 45th St & Sixth Avenue $ 36
4,400
$ 13,200
W 45th St & Avenue of the Americas $ 48.5
3,800
$ 15,358
Broadway & Eighth Avenue $ 64
4,500
$ 24,000
7th Ave & West 40th Street $ 41
2,500
$ 8,541
W 45th St & Avenue of the Americas $ 45
3,800
$ 14,250
Address $ / SF / Yr SF Monthly Rent
Broadway & Seventh Avenue $ 41
1,800
$ 6,150
W 44th St & Fifth Avenue $ 48
2,000
$ 8,000
Times Sq & Seventh Avenue $ 58
1,900
$ 9,183
W 45th St & Sixth Avenue $ 42
2,400
$ 8,400
W 45th St & Avenue of the Americas $ 47
2,000
$ 7,833
Broadway & Eighth Avenue $ 64
2,200
$ 11,733
7th Ave & West 40th Street $ 37.5
2,200
$ 6,875
Address $ / SF / Yr SF Monthly Rent
Eleventh Ave & West 44th Street $ 38.94
8,700
$ 28,231
Address $ / SF / Yr SF Monthly Rent
W 45th St & Eleventh Avenue $ 32
3,000
$ 8,000
W 46th St & Between Seventh Avenue $ 32.5
2,800
$ 7,583
Address $ / SF / Yr SF Monthly Rent

Retail Spaces for Rent at 721-723 7th Ave

Rent Retail 721-723 7th Ave

$ / SF / Yr SF Monthly Rent
$ 45
$ 47

Rent Medical Space at 721-723 7th Ave

Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
  • American Society of Composers, Authors and Publishers leased 85,400 SF at 250 West 57th Street
  • Spring Global leased 80,000 SF at 104 West 40th St
  • Complex Networks leased 80,000 SF at 229 West 43rd Street
  • Kasper leased 77,413 SF at 1412 Broadway
  • Morgan Stanley DW leased 75,440 SF at 1221 Avenue of the Americas
  • Times Square Grey Entert… leased 70,500 SF at 1500 Broadway
  • Ion Media Networks, Inc. leased 68,786 SF at 810 Seventh Ave
  • Nixon Peabody LLP leased 66,297 SF at 55 West 46th Street
Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • Ricky's leased 3,500 SF at 550 Fifth Ave
  • Fossil leased 3,241 SF at 1585 Broadway
  • Pringles leased 3,215 SF at 1450 Broadway
  • Bobby Van's Steakhouse leased 3,150 SF at 120 West 45th St
  • Princi leased 2,864 SF at 1633 Broadway
  • Satya Eastern Kitchen leased 2,700 SF at 750 Eighth Ave
  • Dos Toros leased 2,600 SF at 114 West 41st Street
  • Starbucks leased 2,600 SF at 1700 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 721-723 7th Avenue. This trend is projected to continue. Opportunities for subleases remain available at 721-723 7th Avenue and in the nearby Times Square 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

721-723 7th Avenue Property Overview

Building Address: 721-723 7th Ave, New York NY 10019
Building Alternate Address: 721-723 Seventh Ave
Zip Code:10019
Neighborhood:Times Square
Borough:Manhattan
Stories:13
Year Built:1920
Building Class:B
Block & lot:01001-0001

The buildings at 721 and 723 Seventh Avenue are situated in the vibrant Times Square neighborhood of Manhattan, NYC. Both structures offer unparalleled accessibility and visibility, contributing to their historic significance.

721 Seventh Avenue was completed in 1920. It is a 13-story building that has been a part of the city's architectural landscape for over a century.

723 Seventh Avenue, designed by F.H. Dewey & Company, was finished in 1921. Initially known for housing Robertson-Cole, a film distributing company, the building became synonymous with the film industry. It shared space with Powers Film Products and was later named the Powers Building. This structure is clad in brown brick and features a distinct architectural design with its facade facing Times Square.

Both buildings have played significant roles in New York City's commercial and cultural history, with their prime location in Times Square making them iconic landmarks.

721-723 7th Avenue, Manhattan, New York City

Alternate Address: 721-723 Seventh Avenue

Neighborhood: Times Square, Theatre District

Borough: Manhattan

Zip Code: 10019

Building Class: B

Stories: 13

Year Built: 1920

Total Building Size: 47,125 square feet

Lot Size: 3,355 square feet

Block & Lot: 01001-0001

The building offers office and retail spaces with flexible floor plans and various sizes ranging from approximately 3,300 to 7,139 square feet.

Located in the heart of Times Square, it provides excellent access to multiple subway lines and bus routes, with a very high transit and walk score (99/100).

Internet Providers & Speeds

  • Verizon New York: Fiber, up to 1 Gb/s download, 25 Mb/s upload
  • Lightower: Fiber, up to 10 Gb/s both download and upload
  • Level 3 Communications: Fiber, up to 10 Gb/s both download and upload
  • Cogent Communications: Fiber, up to 10 Gb/s both download and upload
  • tw telecom: Fiber, up to 10 Gb/s both download and upload

Amenities & Features

  • 24/7 building access
  • Freight and passenger elevators
  • High ceilings and abundant natural light through large windows
  • Advanced security systems
  • Proximity to major transportation hubs including 48th Street subway stations
  • Nearby entertainment, dining, and shopping options in Times Square

Public Transportation & Access

  • Subway Lines: A, C, N, R, B, D, E, F, M, 1, 2
  • Close to Grand Central Terminal and Penn Station (about 5-minute drive)
  • Bus lines serving the area

Building Amenities at 721-723 7th Ave, Manhattan, NYC:

Highlights of this premier office building include:

  • Stylish Conference Rooms
  • Well-Equipped Fitness Centers
  • On-Site Dining Options
  • Parking Facilities

Additional amenities:

  • High-Speed Internet
  • Advanced Security Systems
  • 24/7 Access
  • Freight Elevator
  • Proximity to Major Transportation Hubs and Entertainment Venues

Office Tenants Rented / Leased at 721-723 7th Avenue, Manhattan, NYC

4th Floor

  • Space: 3,800 SF
  • Lease Rate: $47 / SF / Year
  • Term: Flexible
  • Use: Traditional Office, Executive Office, Coworking, Creative Office, Medical Office
  • Condition: Lots of light, tall ceilings
  • Availability: Currently leased

7th Floor

  • Space: 3,800 SF
  • Lease Rate: $47 / SF / Year
  • Term: Flexible
  • Use: Traditional Office, Executive Office, Coworking, Creative Office, Medical Office
  • Condition: Lots of light, tall ceilings
  • Availability: Currently leased

3rd Floor, Suite 400

  • Space: 3,839 SF
  • Term: 1-10 Years
  • Lease Rate: Upon Request
  • Use: Office/Retail
  • Condition: Shell space, full floor
  • Availability: Available now, landlord can build to suit

8th Floor, Suite 801

  • Space: 3,300 SF
  • Term: 1-10 Years
  • Lease Rate: $47 / SF / Year
  • Use: Office/Retail
  • Condition: Full build-out, former physical therapy/wellness studio with 8 rooms
  • Availability: Available now

Internet ProviderTechnologyMax Download SpeedMax Upload Speed
Verizon New YorkFiber1 Gb/s25 Mb/s
LightowerFiber10 Gb/s10 Gb/s
Level 3 CommunicationsFiber10 Gb/s10 Gb/s
Cogent CommunicationsFiber10 Gb/s10 Gb/s
tw telecomFiber10 Gb/s10 Gb/s

Transportation Near 721-723 7th Ave, Manhattan, NYC

721-723 7th Avenue is located in the Times Square area of Manhattan, offering excellent transportation access.

Subway Stations

  • 7th Ave & 49th St station – served by N and R subway lines, approximately 1 minute walk (0.1 mi)
  • 47-50 Streets-Rockefeller Center station – served by B, D, F, M lines, about 2 minutes walk (0.2 mi)
  • 50 Street station – served by 1 and 2 lines, roughly 3 minutes walk (0.2 mi)
  • 7 Avenue station – served by B, D, E lines, around 5 minutes walk (0.3 mi)
  • 50 Street station – served by A, C, E lines, approximately 5 minutes walk (0.3 mi)

Bus Lines

The location is served by multiple bus routes including 160, 34TH ST, BXM4, M34-SBS, and M55, with stops within a few minutes’ walk:

  • W 32 St/7 Av (1 min walk)
  • 6 Av/W 31 St (2 min walk)
  • 7 Av/W 34 St (2 min walk)
  • W 34 St/7 Av (3 min walk)
  • W 34th St & Broadway (Westbound) (5 min walk)
  • W 34th St & 7th Ave (6 min walk)

Commuter Rail Access

  • Grand Central Terminal – Metro-North commuter rail, 5 min drive (0.8 mi)
  • New York Penn Station – NJ Transit and Amtrak, 5 min drive (0.9 mi)

Airport Accessibility

  • La Guardia Airport: approximately 17 minutes drive (9.7 mi)
  • Newark Liberty International Airport: approximately 23 minutes drive (14.8 mi)
  • John F. Kennedy International Airport: approximately 28 minutes drive (17.6 mi)

Cross Streets

The building is situated on 7th Avenue between West 48th Street and West 49th Street in the heart of Midtown Manhattan’s Times Square district.

Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
  • American Society of Composers, Authors and Publishers leased 85,400 SF at 250 West 57th Street
  • Spring Global leased 80,000 SF at 104 West 40th St
  • Complex Networks leased 80,000 SF at 229 West 43rd Street
  • Kasper leased 77,413 SF at 1412 Broadway
  • Morgan Stanley DW leased 75,440 SF at 1221 Avenue of the Americas
  • Times Square Grey Entert… leased 70,500 SF at 1500 Broadway
  • Ion Media Networks, Inc. leased 68,786 SF at 810 Seventh Ave
  • Nixon Peabody LLP leased 66,297 SF at 55 West 46th Street
Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • Ricky's leased 3,500 SF at 550 Fifth Ave
  • Fossil leased 3,241 SF at 1585 Broadway
  • Pringles leased 3,215 SF at 1450 Broadway
  • Bobby Van's Steakhouse leased 3,150 SF at 120 West 45th St
  • Princi leased 2,864 SF at 1633 Broadway
  • Satya Eastern Kitchen leased 2,700 SF at 750 Eighth Ave
  • Dos Toros leased 2,600 SF at 114 West 41st Street
  • Starbucks leased 2,600 SF at 1700 Broadway

RZO Advisory Group Testimonial

RZO Advisory Group testimonial To Whom It May Concern: Steve Sunderland acted as our real estate broker in relocation of this firm's 12,000 square feet of office space. While that may seem like a relatively easy task, given our requirements, it was anything but. After giving Mr. Sunderland a prospective location radius of onlny three blocks and a request for 75% of the offices to be windowed, he took us to numerous potential locations. Much to our surprise and delight, no visit was ever a waste of our time. Mr. Sunderland knew what he wanted and needed. He never showed us properties that would not work for the firm. After several weeks of searching, our situation caused us to put our search on hold. It was a couple of years before we resumed. I'm happy to say that Mr. Sunderland picked up with the same enthusiasm he had previously shown. Even after we had signed our new lease, Mr. Sunderland stayed in touch with us as well as our landlord to be sure that our work letter was adhered to. If you are looking for commercial space, I could not give Mr. Sunderland a higher recommendation. He was courteous and always professional throughout a long and sometimes difficult process. If you wish to contact me, please feel free to call at the number above. Sincerely, William Zysblat

Office Buildings in Times Square

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