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Office-Retail Mixed-Use Building
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600 8th Ave, New York, NY 10018

An elevator-served building combines multiple office floors with two street-level retail units and a cellar.

Property Size43,972 SF
Days on Market3

Property Features for 600 8th Ave

General Information

Standard status Active
Size 43,972 SF
Net Rentable 43,972 SF
Elevators Yes
Property subtype Office

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Additional Details

Office Units 11

Amenities

Value-Add Opportunity: Immediate lease-up of ~14,000 sqft of office space, current tenancy below market rents. Retail WALT is 2.7 years, and office is 2.3
100' of retail frontage on the high-traffic corner of Eighth Avenue and 39th Street. Both units benefit from 16'5" ceiling heights, and the corner unit has a mezzanine.
$1.6M CapEx spent on brickwork and pointing on façade, new gravity tank and chimney over the past two years.
A new Port Authority Bus Terminal and Penn Station complex have committed ~$18B of new infrastructure within five blocks.

Building Details

Building Size 43,972 SF
Year Built 1927
Buildings 1
Stories 12
Tenancy Multi
Listed By: Eric Anton · License #License(s): NY: 30AN0806291
Source: Marcusmillichap
Added: Sep 28 Last Checked: Sep 29 at 6:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eric Anton

Investment Insights

Based on property information with market context.

This 12-story elevator building, constructed in 1927, contains approximately 43,972 rentable square feet. Eleven office floors account for about 38,500 square feet, with individual floors measuring roughly 3,500 square feet. Four floors, totaling approximately 14,000 square feet, are vacant; the seven occupied office units bring office occupancy to 68%. The property also includes two retail units totaling approximately 5,472 square feet, with about 1,928 square feet at ground level, a 1,920-square-foot mezzanine in the corner unit, and 1,624 square feet in the cellar.

At 600 8th Ave, the building stands at the northeast corner of Eighth Avenue and West 39th Street. The Port Authority Bus Terminal is one block away, and Times Square is three blocks away. The retail tenants are Berlina Café and GNC, with leases ending in August 2028 and November 2031, respectively. Verizon Wireless leases the roof through the end of May 2030. The seven office leases expire within five years.

Key Highlights

  • Approximately 43,972 rentable square feet in a 12‑story elevator building
  • Four vacant office floors total approximately 14,000 square feet; office occupancy is 68%
  • Eleven office floors contain approximately 38,500 rentable square feet

Property Analytics

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Current Use

GNC (Bike/Boat/Book/etc) Store Berlina Cafe Cafe & Coffee Shop Mexicano Restaurant Britex Fabrics (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

73,512
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - An elevator-served building combines multiple office floors with two street-level retail units and a cellar.
Where is this mixed-use property located?
The property is located at 600 8th Ave New York, NY.
What are key features of this property?
This property features: Approximately 43,972 rentable square feet in a 12‑story elevator building; Four vacant office floors total approximately 14,000 square feet; office occupancy is 68%; Eleven office floors contain approximately 38,500 rentable square feet
More about this property
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