Asking Rent: $5,000 / Month
Size: Approx. 2,500 Sq Ft
Price per Sq Ft: Approx. $24.00/SF (Annualized)
Property Type: Commercial / Office / Showroom / Studio
Availability: Immediate
Location: Midtown West / Garment District / Penn Station
516 Eighth Avenue offers a 2,500-square-foot commercial space in the heart of Midtown West, just steps from Penn Station and Times Square. This well-sized unit is ideal for office, showroom, creative studio, production, tech startup, fashion, or professional services.
With excellent transit access, strong surrounding commercial density, and very competitive pricing for the neighborhood, this space is perfectly positioned for businesses seeking a central Manhattan presence with outstanding value.
• Approx. 2,500 SF efficient commercial footprint
• Open layout suitable for office, showroom, or studio configuration
• Excellent natural light potential
• Elevator building
• Strong electrical and internet infrastructure
• Flexible layout for custom build-out
• Ideal for fashion, studio, office, design, or professional use
• Immediate occupancy potential
• Well-maintained Midtown commercial building
• Professionally managed
• Secure lobby access
• Elevator serviced
• Strong commercial tenant mix
• Prime Eighth Avenue location
• Steps from Penn Station, Times Square, and Port Authority
• Surrounded by global retailers, offices, hotels, and restaurants
• Unmatched transit access: A, C, E, 1, 2, 3, B, D, F, M, N, Q, R, W, PATH
• Heavy daily commuter and pedestrian traffic
• One of Manhattan’s most active commercial districts
516 Eighth Avenue presents a rare opportunity to lease a 2,500 SF commercial space in Midtown Manhattan for just $5,000/month. With unbeatable transit access, flexible use potential, and exceptional value for the location, this property is ideal for office, showroom, studio, or professional tenants seeking affordability and visibility in the heart of Manhattan.
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