494 8th Avenue, New York, NY, Class B Office Building, space for lease

494 8th Avenue, New York, NY, Class B Office Building

494 8th Avenue, Class B Office Building, 10001

Cross streets are: W 35th St and W 34th St

24 Story Class B Office Building, Multiple Floors Available for lease 

494 Eighth Avenue—a distinguished 23-story landmark constructed in 1928 at the junction of Eighth Avenue and West 35th Street—has recently completed a comprehensive modernization program. Highlights include a fully redesigned lobby with round-the-clock security, sleek polished concrete floors, and brand-new windows on every level. Thanks to its prominent corner location and wraparound window design, the building is bathed in natural light throughout the day, creating a bright and inviting atmosphere.

This property is under the care of a long-established, family-run ownership, offering tenants stability and a commitment to quality. Entire floors, ranging from 4,300 to 5,875 square feet, are now available for immediate lease, along with newly built-out smaller suites ideal for diverse business needs.

Just a block from Penn Station and the state-of-the-art Moynihan Train Hall, the building offers unmatched transit convenience, with easy access to multiple subway lines and major bus routes.

Blending timeless architectural elegance with contemporary upgrades, 494 Eighth Avenue delivers an exceptional workplace experience right in the heart of Midtown South.

In 2024 Penn Station office space average rent asking price in Class A and B  buildings is: $40-90 per square foot.

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Property Details

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• Some space are fully built out with furniture
• Some space just open floors
• Total floors: 24
• Total Building Size: 113,891 SF
• Typical Floor Size: 4,792 SF
• Available space on multiple floors for lease at affordable rates
• Sizes from 785 SF – 5,875 SF up to 19,105 SF
• Approximate rent price in this building from $32.00 – 35.00 PSF
• Floors: 10th – 20th
• Year Built: 1928
• Year Renovated: 2000

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Building Amenities

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• 24 Hour Access
• Air Conditioning
• Concierge
• Fiber Optic Internet
• Property Manager on Site
• Security System
• Storage Space

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Notable tenants at this location

• Ronnette Riley Architect
• Facility Solutions Group
• Finesse Embroideries Inc
• Ellenberg Gannon Henninger Fitzmaurice, LLP
• Grant Associates

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Transportation in Penn Station

Pennsylvania Station is also recognized as  Penn Station,  centrally located interborough railroad station in New York City. Daily nearby trains are serving more than 500,000 workers per weekday. An interesting fact is that this magnificent hub of trains named for the Pennsylvania Railroad, original tenant, and Its builder, Penn Station serves several subway lines such as the Long Island Railroad, New Jersey Transit, and the A, C, E, 1, 2 lines.

Eighth Avenue Line

blue

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Broadway–Seventh Avenue Line

red

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New York City Bus. If an alternative way to move from one point to another is need than MTA Regional Bus Operations buses are the choice near Penn Station, such as M7, M20, M34, M34A, and Q32. Some historical facts show that this area has 21 tracks fed by seven tunnels (the two North River Tunnels, the four East River Tunnels, and the single Empire Connection tunnel). The rail line here connects New York City with Boston, Philadelphia, Washington, D.C., and intermediate points.