Manhattan  »  10018  »  7th Ave  »  500 7th Ave

Garment Centre Capitol - 500 7th Avenue, New York, NY 10018 - Property report

Also known as: 201-219 W 37th St

Property image for Garment Centre Capitol - 500 7th Avenue, New York, NY 10018
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Property type

Office with Commercial 7-19 Stories (O6)

Year built

1921

Lot sq. ft.

36,260

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Garment Centre Capitol
Primary address
Garment Centre Capitol - 500 7th Avenue
Alternate address(es)
201-219 W 37th St
214-226 W 38th St
500-506 7th Ave
Show all
ZIP code
10018
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00787-0040

Owner

Find out who owns Garment Centre Capitol - 500 7th Avenue, New York, NY 10018. Uncover corporate and individual owners with a free account.

Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
606,078
Building dimensions
75 ft x 275 ft
Buildings on lot
1
Stories
17
Year built
1921
Last altered
2000
Building material
Tax
Tax year
2026-2027
Property tax
$7,534,691
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
74.67 ft x 275 ft
Lot sq. ft.
36,260

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.23 Miles
Closest fire station
0.01 Miles

View more such as transportation, nearby schools and risk designations.

Units for Garment Centre Capitol - 500 7th Avenue, New York, NY

Ownership

Ownership information for Garment Centre Capitol - 500 7th Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Garment Centre Capitol - 500 7th Avenue, New York, NY 10018

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/15/2023 - R Initial UCC1
(2023110900847001)		 XXX XXXXXXX XXXXXX XXX XXXXXXXX XXX XX
04/06/2023 - R Initial UCC1
(2023040600532001)		 XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
04/06/2023 - R UCC3 Continuation
(2023040600523001)		 XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
04/06/2023 - R UCC3 Continuation
(2023040600437001)		 XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
04/13/2022 - R
01/31/2022 - D		 NYC Real Property Transfer Tax
(2022022301299001)		 XXXXXXXX XXXXXXX XXXXXXX XXXX X X
01/07/2022 - R
10/11/2021 - D		 Memorandum of Lease
(2021123100259001)		 XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXX XXXXXX X X X
01/07/2022 - R
04/07/2021 - D		 Sundry Agreement
(2021123100259002)		 XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX
06/26/2019 - R
05/30/2019 - D		 Sundry Agreement
(2019062500648002)		 XXXXXX XXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX
06/20/2018 - R Initial UCC1
(2018061500539004)		 XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
06/20/2018 - R Initial UCC1
(2018061500539003)		 XXXXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Garment Centre Capitol - 500 7th Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$7,534,691
Municipal exemptions
Recent tax assessments
Market value
$157,038,000
Assessed value
$70,667,100

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $156,990,000 $70,645,500 $68,328,542 10.848% $7,412,280 $7,412,280 +2.86%
2024/25 $156,685,000 $70,508,250 $66,957,163 10.762% $7,205,930 $7,205,930 +3.35%
2023/24 $154,965,000 $69,734,250 $65,828,596 10.592% $6,972,565 $6,972,565 +0.95%
2022/23 $146,066,000 $65,729,700 $64,877,031 10.646% $6,906,809 $6,906,809 +0.19%
2021/22 $144,500,000 $65,025,000 $64,097,099 10.755% $6,893,643 $6,893,643 +0.76%
2020/21 $156,711,000 $70,519,950 $63,978,491 10.694% $6,841,860 $6,841,860 +6.62%
2019/20 $145,724,000 $65,575,800 $60,899,571 10.537% $6,416,988 $6,416,988 +6.42%
2018/19 $140,399,000 $63,179,550 $57,353,520 10.514% $6,030,149 $6,030,149 +4.53%
2017/18 $133,349,000 $60,007,050 $54,865,610 10.514% $5,768,570 $5,768,570 +2.61%
2016/17 $138,362,000 $62,262,900 $53,166,780 10.574% $5,621,855 $5,621,855 +3.05%
Permits

Permit information for Garment Centre Capitol - 500 7th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/17/2026 Alteration
06/01/2026 Alteration
05/12/2026 Alteration
03/31/2026 Alteration
03/25/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required
11/14/2025 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
7th Ave & 40th St at SW Corner
Station lines
A-C-E-N-Q-R-S-1-2-3-7
Distance (miles)
0.122
View subway map

Access the detailed traffic volume map for Garment Centre Capitol - 500 7th Avenue, New York, NY 10018 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for Garment Centre Capitol - 500 7th Avenue, New York, NY

230 W 38th St, New York 240 W 37th St, New York 256 W 38th St, New York 554 8th Ave, New York 225 W 37th St, New York 237 W 37th St, New York 580 8th Ave, New York 247 W 37th St, New York 265 W 37th St, New York 252 W 37th St, New York 246 W 38th St, New York 222 W 37th St, New York 570 8th Ave, New York 262 W 38th St, New York 241 W 37th St, New York 226 W 37th St, New York 228 W 38th St, New York 240 W 38th St, New York 242 W 38th St, New York 221 W 37th St, New York

Nearby ZIP codes for Garment Centre Capitol - 500 7th Avenue, New York, NY

10001, New York City, NY 10011, New York City, NY 10016, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Garment Centre Capitol - 500 7th Avenue, New York, NY 10018?

The development at Garment Centre Capitol - 500 7th Avenue, New York, NY 10018 was built in 1921.

What is the market value of Garment Centre Capitol - 500 7th Avenue, New York, NY 10018?

The current market value of Garment Centre Capitol - 500 7th Avenue, New York, NY 10018 is $157,038,000.

What is the total square footage of Garment Centre Capitol - 500 7th Avenue, New York, NY 10018?

Garment Centre Capitol - 500 7th Avenue, New York, NY 10018 has a total of 606,078 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 17.

How many active listings does Garment Centre Capitol - 500 7th Avenue, New York, NY 10018 have?

This address has 1 active listing(s).

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