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494 8th Ave

Garment District, New York, NY
Total Size
111,275 sqft
Lot Size
4,837 sqft
Year Constructed
Year Renovated
Number of Buildings


Freight Elevator
Close To Public Transit

About 494 8th Ave

There are 23 stories above the street line in this high-rise commercial building. The structure includes nearly 111,275 square feet of rentable office space, and there is commercial space on the ground floor. Located in Midtown, New York, the structure is set at 494 8th Avenue.

With nearly 50 feet of street frontage, commercial tenants of this building have plenty of space to advertise their businesses. Blank facade space is available to display signage, and awnings are available, as well. With large storefronts, there is plenty of room to hang further signage.

A mixture of large picture windows and operable windows cover the facade of 494 8th Avenue, and this gives the interior of the building lots of natural light. To complement the incoming light, there are overhead florescent lights in the office space.

Accessing public transportation could not be easier, with 34th Street Penn Station Subway right next door. All of the famous festivities of Madison Square Garden are just 1 block away from the structure, and there are numerous other entertainment, dining and retail options within easy walking distance.

The lower three stories of 494 8th Avenue are clad in light-colored stone, while the upper portion of the structure features similarly hued brick. Setbacks with lots of ornamentation add interest to the top of the building.

Internet Providers for 494 8th 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
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

On average, listings lease in the $50's per square foot per year. The Garment District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 10% decrease 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 discounted submarket.

Median Rate Median Size
Garment District $59
Median Rate Median Size
New York City $65

Median Rate over Time in Garment District