Building Details

Year Built 2026

Listing Agency: Cushman & Wakefield | Midtown Manhattan Show Phone

Listed By: Ron Lo Russo Show Phone

Source: Cushmanwakefield

Added: Apr 3 Changed: Jul 10 Last Checked: Aug 3 at 10:10AM

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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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

Located in New York, NY, this commercial real estate offers office spaces for rent. The property is suitable for office buildings and office properties.

Key Highlights

• Office space available for rent.
• Located in New York, NY.
• Year Built: 2026.

Property Analytics

Property Profile

Current Use

Fair Mortgage Collaborative Loan Service Federated Title Services ... Title Company Pamella Roland Department Store MBP Construction Company Potbelly Sandwich Shop ... Take-out & Catering

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Butcher Locksmith Parking Lot & Garage

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

$8.85 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

38,790

Businesses Nearby

Explore this area Business Placement

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

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr

Avg Asking Price

$37–$165 /SF/Yr

Price Range

34,730 SF

Avg Space Size

This space is priced 8% below the average of $64.2 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office space available for rent in New York, NY.

Where is this office building located?

The property is located at 501 Seventh Avenue New York, NY.

What is the lease rate?

The lease rate is $59 SF/Yr.

What are key features of this property?

This property features: Office space available for rent.; Located in New York, NY.; Year Built: 2026.