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485 7th Ave

Garment District, New York, NY
Floors
16
Total Size
239,047 sqft
Lot Size
0 acres
Year Constructed
1906
Year Renovated
0
LEED Certification
Number of Buildings
1

Features

Parking Garage
Lobby Attendant
Freight Elevator
Close To Public Transit

About 485 7th Ave

This office space is located at 485 7th Avenue, New York, NY. This 16-story building was originally built in 1906 and features 239,047 square feet.

Tenants will find the commute to and from work is simple. The building is convenient to 34th Street-Herald Square and 34th Street-Penn Station, both of which offer numerous transit options. The Fashion Atrium features an attached parking garage, as well, which features 149 covered parking spaces.

Tenants have access to the building on a 24/7 basis and are greeted by the beautiful atrium and a well-appointed lobby. The building is secured by professional personnel on a 24/7 basis. The building’s renovations brought new building installations throughout.

The building features four passenger elevators that service the building and one freight elevator to distribute goods. Each space features natural light, particularly the sixth floor, 3,665 square-foot unit.

Tenants are in the heart of fashion and retail and, as such, are surrounded by stores and boutiques featuring apparel, accessories and more. Restaurants include cafes, delis, Mexican and sandwiches.

The building’s facade consists of stone and features stunning columns on the corner which give way to a pedestrian plaza underneath.

Internet Providers for 485 7th Ave

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
Stealth Communications Fiber
10 Gb/s
10 Gb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Garment District

The typical asking rate per listing is in the $50's per square foot per year. The Garment District submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the New York City market, the Garment District region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Garment District $59
/sqft/yr
2,500
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Garment District