Revitalized office space with modern amenities in Times Square South.
Space Size30,289 SF
Lot Size0.93 Acres
Days on Market1343
Property Features for 498 7th Ave
General Information
Standard statusActive
Size30,289 SF
Lot size0.93 Acres
Property subtypeOFFICE
Site & Location
NeighborhoodMidtown Manhattan
Spaces For Lease
at 498 7th Ave
498 7th AveAVAILABLE, Now
Floor21
Size30,289 SF
TypeOFFICE
RateContact for pricing
SubleaseNo
- Space is white-boxed with polished concrete floors, exposed columns & new building standard ADA core bathrooms.
- 498 Seventh Avenue is a 25-story, 960,000 SF office and retail property situated at the epicenter of Times Square South. The Property offers a critical mass of premier mixed-use space in an unparalleled location. The Property’s large, flexible floor plates (30,200 to 48,000 SF), generous office ceiling heights (11’7” to 14’4’’ slab-to-ceiling), unique outdoor space, and plentiful light and air provide an ideal environment for the advertising, creative, technology, media, and information tenants that have come to define the Times Square South submarket. The Property benefits from its location between Penn Station, Grand Central Terminal, Port Authority and Herald Sq. subway station, providing quick access to the B, D, F, M, N, Q, R, W, A, C, E, 1, 2, 3, 4, 5 and 6 trains. Penn Station offers light rail service via NJ Transit, Long Island Railroad, and Amtrak to New Jersey, Long Island, and destinations beyond.
- 498 7th Avenue is designed to be a mission critical hub and convenient home base for
our tenants. To that end, the building is being
newly revitalized to offer even more strategic
advantages and amenities, including:
- New entrances & street-level retail storefronts
- New Gensler-designed, 24/7 attended lobby:
elegant, high-end, with modern stone &
granite finishes
- New destination dispatch elevators
- New turnstiles for touchless entry
- New private lounge on lobby floor: ideal for
out-of-office meetings & extended workspace
- New grab & go coffee shop & café by:
- New hi-tech security system
- Touchless fixtures in all multi-tenant bathrooms
- Increased cleaning personnel to disinfect all high touch points at all hours
- Wave sensors mounted on property entry doors
- Additional Bike Racks installed at the property
- CASPR 200e Disinfecting Technology consisting of UV lights installed in all passenger elevators
- Electrostatic Spraying of lobby and all high touch points throughout the property
- Increased Fresh Air Intake by flushing building with 100% outside air whenever possible
- Upgraded Toilet Exhaust to promote better air circulation within confined bathroom stalls
- Upgraded Merv 13 Air Filters with ratings that are at or above ASHRAE/CDC recommendation
- Facial Recognition Turnstiles with StoneLock Facial biometric readers for a contactless entry
- SV3 Visitor Management System: A touchless visitor management platform. Visitors enter the building, launch their unique digital key and present to access points, and proceed on the way to their destination
- Destination Dispatch Elevators installed with QR Readers to read mobile phones for a touchless entry experience
Added: Feb 20, 2023Changed: Oct 25Last Checked: Oct 24 at 7:56PM
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 George Comfort & Sons, Inc.
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Investment Insights
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This is a 30,289 square foot office space located at 498 Seventh Avenue, a 25-story office and retail property in Times Square South. The space is white-boxed, featuring polished concrete floors, exposed columns, and new ADA-compliant core bathrooms. The property is situated between Penn Station, Grand Central Terminal, Port Authority, and Herald Square subway station, offering access to various train lines. Penn Station provides light rail service via NJ Transit, Long Island Railroad, and Amtrak. The building is being revitalized with new entrances and street-level retail storefronts, a Gensler-designed 24/7 attended lobby with stone and granite finishes, new destination dispatch elevators, and turnstiles for touchless entry. Additional amenities include a private lounge on the lobby floor, a grab-and-go coffee shop and café, a hi-tech security system, and touchless fixtures in multi-tenant bathrooms. Increased cleaning personnel disinfect high-touch points, and wave sensors are mounted on property entry doors. Additional bike racks are installed. CASPR 200e Disinfecting Technology, consisting of UV lights, is installed in all passenger elevators. Electrostatic spraying is used in the lobby and on all high-touch points. Fresh air intake is increased by flushing the building with 100% outside air whenever possible. Toilet exhaust is upgraded to promote better air circulation, and Merv 13 air filters meet or exceed ASHRAE/CDC recommendations. Facial Recognition Turnstiles with StoneLock Facial biometric readers and the SV3 Visitor Management System offer contactless entry.
Key Highlights
Unparalleled Location: At the epicenter of Times Square South with exceptional access to transportation hubs.
Revitalized with New Amenities: Enjoy a new Gensler‑designed lobby, destination dispatch elevators, and a private lounge.
Enhanced Health & Safety Measures: Features touchless fixtures and CASPR 200e disinfecting technology.
Property Analytics
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Open Analytics
Current Use
The Sidney Hillman FoundationCharitable OrganizationAddicting GamesCorporate OfficeTroupe AgencyMarketing & AdvertisingWilkins MediaAssociation Or OrganizationEquativ(Bike/Boat/Book/etc) Store
Suggested Use
Top PickPet Grooming Service(Bike/Boat/Book/etc) StoreBuffetParking Lot & GaragePlumbing ServiceElectrical 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
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
81,836
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Business Placement
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Office unit - Revitalized office space with modern amenities in Times Square South.
Where is this office unit located?
The property is located at 498 7th Ave New York, NY.
What are key features of this property?
This property features: Unparalleled Location: At the epicenter of Times Square South with exceptional access to transportation hubs.; Revitalized with New Amenities: Enjoy a new Gensler‑designed lobby, destination dispatch elevators, and a private lounge.; Enhanced Health & Safety Measures: Features touchless fixtures and CASPR 200e disinfecting technology.
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