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501 7th Avenue

Garment District, New York, NY
Floors
18
Total Size
491,512 sqft
Lot Size
1 acres
Year Constructed
1923
Building Class
LEED Certification
None
Number of Buildings
1

Features

Freight Elevator

Current Availabilities

$47.00
/sqft/yr
Oct 20
ago
Sublease Office
  • Term Length: 4 years
  • Offices
  • Furniture
  • Reception
  • Build to suit
  • High ceilings
  • Natural light
  • Plug and play
  • Additional storage

Beautiful PLUG AND PLAY opportunity with FURNITURE in a white gloves doorman building directly on seventh avenue! this is a great sublease opportunity for any company!

IMPRESSIVE above standard 14' Ceiling heights (exposed)

call now! price negotiable

Listing agent for this listing
JD Cohen, NGKF
Sep 14
ago
Office
  • Build to suit
  • HVAC
  • Stainless steel appliances
Listing agent for this listing
Lindsay Godard, Empire State Realty Services
Sep 14
ago
Office
  • Build to suit
  • HVAC
  • Stainless steel appliances
Listing agent for this listing
Lindsay Godard, Empire State Realty Services

Additional Features of 501 7th Avenue

  • Renovated lobby

Internet Providers for 501 7th Avenue

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
6 Mb/s
1.5 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