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Full-Floor Office Units

589 Eighth Ave, New York, NY 10018

For Lease
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Multiple furnished floors offer private work areas with tenant-controlled air conditioning and adaptable open layouts.

Space SizeContact for details
Property Size115,000 SF
Days on Market55

Property Features for 589 Eighth Ave

General Information

Standard status Active
Size 115,000 SF
Class B
Property subtype Office

Space & Availability

Divisible No
Space Use Office
Furnished Yes

Site & Location

Neighborhood Midtown Manhattan
Public Transit Yes

Amenities

restored lobby
attended lobby
new windows
city views
high ceilings
polished concrete floors
tenant-controlled A/C
fully wired

Building Details

Year Built 1927
Stories 23
Building Size 115,000 SF

Spaces For Lease

at 589 Eighth Ave
#1 Active
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Listing Agency: RI Manhattan Realty
Listed By: Robert Isaacs
Source: Crexi
Added: Sep 17 Changed: Nov 8 Last Checked: Nov 8 at 2:29PM

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 RI Manhattan Realty

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Investment Insights

Based on property information with market context.

This 23-story office property, completed in 1927, contains 115,000 square feet and an additional penthouse. Designed by Charles B. Meyers, the building has a restored lobby with seven-day attendant service, newer windows, high ceilings, and polished concrete floors. Available floors are furnished, wired, and offered for full-floor occupancy; subdivision is not permitted. Tenants control the air conditioning, and the layouts provide open workspace configurations.

The property stands at Eighth Avenue and West 39th Street, with West 38th Street also nearby. Transit options include the A, C, and E trains along Eighth Avenue and the Port Authority Bus Terminal. The building is in the Times Square South district, near a range of amenities.

Key Highlights

  • 115,000‑square‑foot office building completed in 1927, with 23 stories and an additional penthouse
  • Full floors are furnished and wired; subdivision is not permitted
  • Tenant‑controlled A/C, high ceilings, polished concrete floors, and newer windows

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Javerbaum Wurgaft Hicks ... Law Firm Steven C Rauchberg ... Law Firm KeyMe Locksmiths Locksmith Haywood-Berk Flooring, Inc. Carpet & Flooring Store Heiberger & Associates, PC Law Firm

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

55,039
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

Lease Benchmarks for New York, NY

$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,698 SF
Avg Space Size

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Multiple furnished floors offer private work areas with tenant-controlled air conditioning and adaptable open layouts.
Where is this office unit located?
The property is located at 589 Eighth Ave New York, NY.
What are key features of this property?
This property features: 115,000‑square‑foot office building completed in 1927, with 23 stories and an additional penthouse; Full floors are furnished and wired; subdivision is not permitted; Tenant‑controlled A/C, high ceilings, polished concrete floors, and newer windows
(917) 346-6517 Call to check price and availability
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