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499 7th Ave

Garment District, New York, NY
Floors
25
Total Size
163,000 sqft
Year Constructed
1925
Building Class
B
LEED Certification
Certified

Features

Lobby Attendant

Current Availabilities

Nov 18
ago
Available Soon Office
  • Available Jan 2017
  • Offices
  • Conference Rooms
  • Wet pantry
  • Open area
  • Sub metered electric
  • Rental rate negotiable
Listing agent for this listing
Elliot Zelinger, Savitt Partners
Sep 28
ago
Office
  • Natural light
  • Windows facing East and West
  • Sub metered electric
  • Rental rate negotiable
Listing agent for this listing
Elliot Zelinger, Savitt Partners
Sep 28
ago
Sublease Office
  • Sublease expires Mar 2017
  • Direct extension available
  • Sub metered electric
  • Rental rate negotiable
Listing agent for this listing
Elliot Zelinger, Savitt Partners

About 499 7th Ave

Creative companies looking to rent office space or showrooms in a building that grants them 24-hour access should consider the property at 499 7th Avenue in the heart of New York’s Garment District.

Commuting employees will be within convenient walking distance of Grand Central and Penn Stations, Port Authority, shops, restaurants and cafes, when they work at 499 7th Avenue. New York’s very own Fashion Tower is simply a must-have address for any business involved in the fashion industry!

Offering a total of 180,473 square feet of office space, the 25-story LEED certified building at 499 7th Avenue provides a variety of different business solutions, including office space for New York’s small and medium sized companies looking for a full floor opportunity of between 3,000 to 8,000 square feet.

Amenities at this address include a lobby attendant overseeing an elegant lobby in polished natural stone, marble and black granite and on-site property management. The carpet-lined elevator opens directly onto the office space or showrooms.

Built in 1930, New York’s stunning Fashion Tower at 499 7th Avenue features a renovated Art Deco facade in sandstone with an ornate tiered design in red metal directly above the imposing main entrance.

Internet Providers for 499 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
3,330
sqft

Median Rate over Time in Garment District