For Lease – 550 Seventh Avenue, New York, NY 10018

Asking Rent: $20,000/Month
Available Unit Size: 5,503 SF Office
Property Type: Commercial Office / Showroom
Lease Type: Direct Lease
Location: Garment District / Penn Plaza Corridor, Midtown Manhattan, New York

Property Overview

Presenting 550 Seventh Avenue, a 5,503 SF office suite available for lease at $20,000 per month. Located in the center of Midtown’s Garment District, this space provides an exceptional value for tenants seeking a full-floor–style layout with a balance of scale, affordability, and prime location.

With a flexible open-plan configuration, high ceilings, and oversized windows, the space is ideal for creative agencies, showrooms, fashion companies, or professional service firms. The building is steps from Penn Station, Herald Square, and Times Square, ensuring unparalleled transit access for employees and clients.

Key Features

• Asking Rent: $20,000/Month
• Available Space: 5,503 SF Office
• Property Type: Office / Showroom Space
• Lease Structure: Direct Lease
• Layout: Open floor plan, adaptable to private offices and collaborative use
• Ceiling Height: High ceilings with excellent natural light
• Transit Access: Steps to Penn Station (1/2/3/A/C/E/LIRR/Amtrak/NJ Transit) and Herald Square (B/D/F/M/N/Q/R/W)
• Neighborhood: Garment District / Midtown South – hub for fashion, media, tech, and creative industries

Market Profile

Location Advantage: Seventh Avenue is one of Midtown’s premier office corridors, offering high commuter convenience and visibility. Businesses here benefit from proximity to Madison Square Garden, Times Square, and major transit hubs.

Lifestyle Appeal: The neighborhood offers a rich mix of dining, hotels, retail, and entertainment options, making it attractive to both employees and clients.

Competitive Advantage: At $20,000/month for 5,503 SF, this property delivers outstanding value for a large, flexible space in a prime Midtown location — significantly under market for comparable full-floor offices in the area.

Summary

The 5,503 SF office at 550 Seventh Avenue, New York, NY 10018 is available for lease at $20,000/month. With open layouts, high ceilings, and excellent transit access, this space is ideal for fashion showrooms, creative tenants, or professional firms seeking a central Midtown presence at a competitive rent.