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Rent Office 721-723 7th Avenue

$ / SF SF Monthly Rent
$ 49
4,700
$ 19,191
$ / SF SF Monthly Rent
Negotiable
4,700
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Times Sq & West 41st Street $ 71
9,200
$ 54,433
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 46th Street $ 40
4,200
$ 13,825
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Avenue of the Americas $ 45
3,100
$ 11,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1859 $ 775
Interior office/person $ 1350 $ 1359 $ 525
Team Rooms $ 10100 $ 8609 $ 5025
Suites $ 20100 $ 12609 $ 7025

Nearby office Spaces for Rent

Address $ / SF 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
27,500
$ 162,708
Avenue of the Americas & West 43rd Street $ 96
11,500
$ 92,000
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 92
4,700
$ 35,837
W 45th St & Seventh Avenue $ 72
3,100
$ 18,729
Broadway & Eighth Avenue $ 66
4,600
$ 25,108
W 47th St & Avenue of the Americas $ 70
4,500
$ 26,062
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 43rd Street $ 90
2,200
$ 16,500
Avenue of the Americas & West 43rd Street $ 85
1,500
$ 10,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 44th St & Thirty Fifth Avenue $ 50
4,500
$ 18,562
W 41st St & Seventh Avenue $ 50
2,900
$ 12,083
W 45th St & Sixth Avenue $ 37
4,400
$ 13,566
Broadway & Eighth Avenue $ 64
4,500
$ 24,000
W 44th St & Avenue of the Americas $ 46
4,400
$ 17,050
7th Ave & West 40th Street $ 42
2,500
$ 8,750
W 45th St & Avenue of the Americas $ 45
3,800
$ 14,250
Address $ / SF SF Monthly Rent
W 44th St & Thirty Fifth Avenue $ 48
2,000
$ 8,000
Times Sq & Seventh Avenue $ 57
1,900
$ 9,025
W 45th St & Sixth Avenue $ 42
2,400
$ 8,400
Broadway & Eighth Avenue $ 64
2,200
$ 11,733
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 45th St & Eleventh Avenue $ 32
3,000
$ 8,000
W 46th St & Between 7th Avenue $ 34
2,800
$ 7,816
Address $ / SF SF Monthly Rent
Tenant Broker’s Perspective: office buildings being demolished or converted to residential 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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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.


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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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