589 8th Avenue - Office Space Availability

For Lease$45.5 - $47.5/Sqft/Year See below for details.

589 8th Avenue, New York, NY 10018

  • Office
  • General Office
  • 19,000 Sqft

589 8th Avenue, New York, NY 10018 - Office Space for rent

589 8th Avenue is located at 589 8th Avenue in the Garment District neighborhood, NY, New York, 10018. The Class B Office building was completed in 1927 and features a total of 115,000 Sqft. There are 4 Office spaces available for lease at 589 8th Avenue, New York, NY, 10018, totaling 19,000 Sqft. The largest space available has 5,200 Sqft and a rental rate of $45.5/Sqft/Year.

There are 721 office spaces for lease in the Garment District neighborhood, totaling 3,998,464 Sqft of available office space. The office space availability for the 10018 zip code is 4,345,856 Sqft, in 694 office spaces. The average asking office rent per sq. ft. in Garment District is $47.71/sqft/year. For Class A office buildings the average office rate is $39/sqft/year, for Class B office buildings the average office rate is $47.8/sqft/year, for Class C office buildings the average office rate is $49.3/sqft/year.

In Garment District, there are 177 class B office buildings. In Garment District, there are a total of 8 LEED certified office buildings. In 1927, the same year 589 8th Avenue was built, 1111 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 14,646,674 square feet of commercial space. At zip code level, there are 175 commercial properties, of which 173 are office buildings over 50,000 square feet.

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Details

  • Price $45.5 - $47.5/Sqft/Year
  • City New York
  • Neighborhood Garment District
  • Zip Code 10018
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 115,000 Sqft
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1927
  • Date Updated 04 Dec, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Availability

Suite Name Space Type Lease Rate Space Available
#E3 General Office $45.5/Sqft/Year 5,200 Sqft
  • Suite #E3
  • Space Type General Office
  • Total Space Available 5,200 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 5,200 Sqft
  • Max Contiguous 5,200 Sqft
  • Lease Rate $45.5/Sqft/Year
  • Possession Type Arranged
  • Lease Term From 5 To 10 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Avai

Exclusive Brokers

Alan K. Steinberg Is this you?

GFP Real Estate

(212) 560-3955

#E9 General Office $45.5/Sqft/Year 5,200 Sqft
  • Suite #E9
  • Space Type General Office
  • Total Space Available 5,200 Sqft
  • Floor From 9 To 9
  • Divisible Space No
  • Min Divisible 5,200 Sqft
  • Max Contiguous 10,400 Sqft
  • Lease Rate $45.5/Sqft/Year
  • Possession Type Arranged
  • Lease Term From 5 To 10 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Available with 30 days notice. 

#E10 General Office $45.5/Sqft/Year 5,200 Sqft
  • Suite #E10
  • Space Type General Office
  • Total Space Available 5,200 Sqft
  • Floor From 10 To 10
  • Divisible Space No
  • Min Divisible 5,200 Sqft
  • Max Contiguous 10,400 Sqft
  • Lease Rate $45.5/Sqft/Year
  • Possession Type Arranged
  • Lease Term From 5 To 10 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Available with 30 days notice. 

#E23 General Office $47.5/Sqft/Year 3,400 Sqft
  • Suite #E23
  • Space Type General Office
  • Total Space Available 3,400 Sqft
  • Floor From 23 To 23
  • Divisible Space No
  • Min Divisible 3,400 Sqft
  • Max Contiguous 3,400 Sqft
  • Lease Rate $47.5/Sqft/Year
  • Possession Type Arranged
  • Lease Term From 5 To 10 Years
  • Call For Terms No
  • Renewal Option Yes
  • Sub Lease No

Available with 30 days notice. 

Exclusive Brokers

Alan K. Steinberg Is this you?

GFP Real Estate

(212) 560-3955

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at 589 8th Avenue?

There are currently 4 office spaces in this building.

What is the largest space available at 589 8th Avenue?

Currently, the largest rentable space at 589 8th Avenue totals 5,200 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 589 8th Avenue is $45.5/Sqft/Year$ per square foot.

What is the total square footage of 589 8th Avenue?

589 8th Avenue totals 115,000 square feet.

When was this property built?

589 8th Avenue was built in 1927.

Garment District Demographics

The average household income in zip code 10018 is $154,895, from a total of 5,095 households. In terms of employment, there are 96.27 % white-collar and 3.73 % blue-collar jobs in zip code 10018.

Population

  • Total Population5,961
  • Male Population(52.6 %) 3,137
  • Female Population(47.4 %) 2,825
  • Median Age35.00

Income/Financial

  • Average Household Income$153,996
  • Median Household Income$98,720
  • Median Income Under 25$61,853
  • Median Income 25-44$121,982
  • Median Income 45-64$103,260
  • Median Income Over 65$39,666

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Alan K. Steinberg Is this you?

GFP Real Estate

(212) 560-3955

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