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    575 8Th Ave New York, NY 10018

    For Lease
    Contact for pricing

    24-story office tower with 24/7 access and on-site management.

    Property size:
    5,379 SF
    Lot size:
    0.41 Acres

    Property Features for 575 8Th Ave

    General Information

    Size
    5,379 SF
    Lot size
    0.41 Acres

    Source: Olmstead Properties, Inc. Agent Steven H. Marvin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Garment District Office Tower

    575 8th Avenue is a 24-story commercial high-rise located in Manhattan's Garment District, at the corner of West 38th Street. Constructed in 1909, the building has been fully renovated and provides approximately 245,000 square feet of rentable space. The building is owner-occupied and features an on-site management office. It offers 24/7 access, an attended lobby, and a card key access system. Transportation options are readily available, with the A, C, E, N, Q, R, W, S, 1, 2, 3, and 7 subway lines nearby, as well as Penn Station and The Port Authority within walking distance. The building is equipped with four passenger elevators and two separate freight elevators. The Garment District provides a variety of restaurants, entertainment venues, and shopping options. The location is a short walk from Times Square and Herald Square.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mosaic Brands-New York ... Food Products Supplier Foodmatch Grocery Store C&PwaterDamage Fire Damage Restoration Service Pixafy E-Commerce Service RCM Technologies Software Company

    Suggested Use

    Restaurant Realty agency Hair Salon Spa & Massage Dental Office Nail Salon Food Market Grocery Store Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9916621
    Latitude
    40.7549752

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    FAQs

    What type of property is this?
    Office space - 24-story office tower with 24/7 access and on-site management.
    Where is this office space located?
    The property is located at 575 8Th Ave New York, NY.
    What are key features of this property?
    This property features: - Prime Manhattan Location: Situated in the Garment District, close to Times Square and Herald Square, offering access to numerous restaurants, entertainment, and shopping.; - Excellent Transportation Access: Conveniently located near multiple subway lines (A,C,E,N,Q,R,W,S,1,2,3,7), Penn Station, and The Port Authority.; - 24/7 Access: Provides tenants with round-the-clock access to the building.
    (212) 564-6662
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    575 8Th Ave New York, NY 10018
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    New York, NY 10018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    575 8Th Ave New York, NY 10018
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