Bates Worldwide

For SaleContact for pricing

498 Seventh Avenue, New York, NY 10018

  • Office

Bates Worldwide, New York, NY 10018 - Office Space

Bates Worldwide is located at 498 Seventh Avenue in the Garment District neighborhood, NY, New York, 10018. The Office building was completed in 1921 and features a total of 936,611 Sqft.

There are 451 office spaces for lease in the Garment District neighborhood, totaling 2,659,137 Sqft of available office space. The office space availability for the 10018 zip code is 2,598,066 Sqft, in 429 office spaces. The average asking office rent per sq. ft. in Garment District is $51.57/sqft/year. For Class A office buildings the average office rate is $58.5/sqft/year, for Class B office buildings the average office rate is $51.19/sqft/year, for Class C office buildings the average office rate is $52.06/sqft/year.

In Garment District, there is 1 class A+ office building, there are 16 class A office buildings, there are 142 class B office buildings, there are 20 class C office buildings. In Garment District, there are a total of 6 LEED certified office buildings. In 1921, the same year Bates Worldwide was built, 246 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 5,368,426 square feet of commercial space. At zip code level, there are 172 commercial properties, of which 170 are office buildings over 50,000 square feet.

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Details

  • Price Contact for pricing
  • City New York
  • Neighborhood Garment District
  • Zip Code 10018
  • Market Manhattan
  • Property Type Office
  • Property Size 936,611 Sqft
  • Year Built 1921
  • Date Updated 13 Jul, 2020

Description

A 25-story structure with approximately 811,056 rentable square feet, built in 1921.

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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