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Class-B Office Building with 24/7 Access
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525 7th Ave, New York, NY 10018

Brick and concrete office building with 22 floors, passenger elevators, and 24/7 access plus a full-time lobby attendant.

Space SizeContact for details
Property Size1,189 SF
Days on Market624

Property Features for 525 7th Ave

General Information

Standard status Active
Size 1,189 SF
Class B
Property subtype OFFICE

Amenities

on-site management office
24/7 access
full-time lobby attendant
passenger elevators
service elevator
property manager on-site

Building Details

Year Built 1925
Stories 22
Construction brick and concrete
Listing Agency: Olmstead Properties, Inc.
Listed By: Steven H. Marvin
Source: Moodyscre
Added: Nov 18, 2024 Changed: Jul 27 Last Checked: Aug 3 at 10:47AM

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 Olmstead Properties, Inc.

Investment Insights

Based on property information with market context.

525 7th Avenue is a 22-floor, Class-B office building constructed in 1925, built of brick and concrete. The property offers on-site management with a full-time lobby attendant, along with 24/7 access for tenants. Passenger elevators support day-to-day access, and there is also a service elevator for building operations.

The building is located in Manhattan’s Garment District between 38th Street and 39th Street. Access to multiple subway lines is available nearby, and Penn Station is described as being within close proximity for commuter convenience.

Additional building features include a property manager on-site and six passenger elevators, supporting a functional office environment for everyday tenant needs.

Key Highlights

  • 22‑floor brick and concrete Class‑B office building constructed in 1925
  • Average floor area of 24,500 SF per floor
  • Passenger elevators (6) plus a service elevator

Property Analytics

Current Use

Kakar, PC Consultant Fashion Avenue Knits (Bike/Boat/Book/etc) Store Zentex NYC showroom Big Box & Wholesale Store Kaktus Sportswear (Bike/Boat/Book/etc) Store Prime Cover Insurance ... Insurance Agency

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store 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

Location Intelligence

Trade Area within ½ mile

81,836
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

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

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?
Office building - Brick and concrete office building with 22 floors, passenger elevators, and 24/7 access plus a full-time lobby attendant.
Where is this office building located?
The property is located at 525 7th Ave New York, NY.
What are key features of this property?
This property features: 22‑floor brick and concrete Class‑B office building constructed in 1925; Average floor area of 24,500 SF per floor; Passenger elevators (6) plus a service elevator
(212) 564-2141 Call to check price and availability
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