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501 7th Avenue, New York, NY 10018 Property Information

501 7th Avenue, New York, NY 10018 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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501 7th Avenue, New York, NY 10018 3
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Address

Primary address 501 7th Avenue
Secondary address 135-153 W 37th St
Neighborhood Garment District
Zip code 10018
Borough Manhattan
Block & lot 00813-0001

Sales & Tax Overview for 501 7th Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/07/2013
Purchase price $95,555,929
Tax class
Estimated property tax $4,577,398

Lot & Building Information for 501 7th Avenue, New York

Lot sqft 24,095
Lot dimensions 98.75 ft x 244 ft
Building class Office with Commercial 7-19 Stories (O6)
Building sqft 433,330
Building dimensions 99 ft x 240 ft
Buildings on lot 1
Stories 17
Year built 1923
Year last altered 1989
Construction type
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Zoning & Use for 501 7th Avenue, New York

Zoning
Commercial units 60
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.30 Miles
Closest fire station 0.07 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 501 7th Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 501 7th Avenue, New York, NY 10018, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 501 7th Avenue, New York, NY 10018, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 135-153 W 37th St, New York, NY 10018
  • 501-511 7th Ave, New York, NY 10018

About 501 7th Avenue, New York

How many sq. ft. does 501 7th Avenue, New York, NY 10018 have & what is the price per sq. ft?

This Office with Commercial 7-19 Stories (O6) located at 501 7th Avenue, New York, NY 10018 has a total of 433,330 square feet and a current price per square foot of $220.

What is the year built & the current market value of 501 7th Avenue, New York, NY 10018?

501 7th Avenue, New York, NY 10018 was built in 1923 and has a current tax assessor's market value of $95,406,000.

How many commercial spaces does this building have?

This building has 60 commercial spaces available for lease. There are 7 active listings at this address.

Ownership Information for 501 7th Avenue, New York

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Property owner name for 501 7th Avenue, New York, NY 10018
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Building contacts for 501 7th Avenue, New York, NY 10018
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 501 7th Avenue, New York

501 Seventh Avenue
Listing type For Lease
Last updated 12/17/2025
Lot size 0.55 Acre
View Listing

Brokers

Ronald T. Lo Russo
Samantha Perlman
Daniel Organ
Harley Dalton
Jordan Berger
Shanae Ursini
Kerry Lavelle
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor #103 Retail Listing price not available 805 Andrew Mandell
Morgan Singer
Sam Martorella
Ground Floor #111 Retail Listing price not available 2,048 Andrew Mandell
Morgan Singer
Sam Martorella
Mezzanine #103 Retail Listing price not available 771 Andrew Mandell
Morgan Singer
Sam Martorella
Mezzanine #111 Retail Listing price not available 843 Andrew Mandell
Morgan Singer
Sam Martorella
501 Seventh Avenue
Listing type For Lease
Listing date 09/28/2021
Last updated 05/19/2026

A 18-story structure with approximately 400,000 rentable square feet, built in 1924.

View Listing

Brokers

Ronald T. Lo Russo
Daniel Organ
Harley Dalton
Samantha Perlman
Spaces
Suite name Space type Lease rate Available space Brokers
2 Floor General Office Listing price not available 30,002 Ronald T. Lo Russo
Daniel Organ
Harley Dalton
Samantha Perlman
9 Floor General Office Listing price not available 30,001 Ronald T. Lo Russo
Daniel Organ
Harley Dalton
Samantha Perlman
10 Floor General Office Listing price not available 28,607 Ronald T. Lo Russo
Daniel Organ
Harley Dalton
Samantha Perlman
Active Listings For This Property:
For Lease 501 Seventh Avenue
501 Seventh Avenue
501 7th Avenue, New York
Property General Office
Availability 4 Spaces listed / 4467 Sqft
Price Listing price not available
For Lease 501 Seventh Avenue
501 Seventh Avenue
501 7th Avenue, New York
Property Office
Availability 3 Spaces listed / 88610 Sqft
Price Listing price not available
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Past Sales & Property History for 501 7th Avenue, New York

Create a free account to view the complete sales history for 501 7th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/07/2013 $95,555,929
10/07/2013 $21,849,508
09/20/2013 $10
       
       
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*Here are the three most recent sales for this property.

Title Documents for 501 7th Avenue, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/28/2020 - R Initial UCC1
(2020122800617001)
09/03/2014 - R UCC3 Termination
(2014082900902002)
09/03/2014 - R UCC3 Termination
(2014082900902001)
08/29/2014 - D
09/18/2014 - R
Partial Release of Mortgage
(2014091100604002)
08/29/2014 - D
09/18/2014 - R
Partial Release of Mortgage
(2014091100604001)
07/30/2014 - D
08/12/2014 - R
Agreement
(2014080700544002)
07/30/2014 - D
08/12/2014 - R
Agreement
(2014080700544001)
10/16/2013 - R UCC3 Termination
(2013101600979003)
10/16/2013 - R UCC3 Termination
(2013101600979002)
10/16/2013 - R UCC3 Termination
(2013101600979001)
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R: Recorded date
D: Document date

Property Taxes for 501 7th Avenue, New York

Access detailed property tax data for 501 7th Avenue, New York, NY 10018. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $4,427,904
Estimated property tax: $4,577,398
Tax assessor's market value: $95,406,000
Assessed value: $42,932,700

Assessment History for 501 7th Avenue, New York

Here's the assessment & property tax history for 501 7th Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $95,406,000 $42,932,700 $40,817,700 10.848% $4,427,904 $4,427,904 -1.41%
2024/25 $95,267,000 $42,870,150 $41,731,160 10.762% $4,491,107 $4,491,107 +3.86%
2023/24 $90,719,000 $40,823,550 $40,823,550 10.592% $4,324,030 $4,324,030 +0.05%
2022/23 $90,210,000 $40,594,500 $40,594,500 10.646% $4,321,690 $4,321,690 +8.99%
2021/22 $81,928,000 $36,867,600 $36,867,600 10.755% $3,965,110 $3,965,110 -22.07%

Permits for 501 7th Avenue, New York

The complete history of permits filed for 501 7th Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
05/06/2026 Alteration
04/30/2026 Alteration
04/22/2026 Alteration
03/31/2026 Alteration
03/23/2026 Alteration
03/23/2026 Alteration
03/23/2026 Alteration
03/21/2026 Alteration
03/12/2026 Alteration
03/11/2026 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 7th Ave & 40th St at SE Corner
Station lines A-C-E-N-Q-R-S-1-2-3-7
Distance (miles) 0.124
View subway map
Bus Routes
Name 7 Av/W 37 St
Line M7
Distance (miles) 0.056

Neighbors for 501 7th Avenue, New York

Here are the neighbors for 501 7th Avenue, New York, NY 10018.

Address Square feet Purchase date Purchase price
1015 6th Ave, New York 4,450 12/18/1997
1385 Broadway, New York 438,643 06/06/2008
1370 Broadway, New York 234,846 01/16/2025 $75,250,000
1013 6th Ave, New York 5,495 06/18/2018 $11,000,000
134 W 37th St, New York 120,000 08/15/2005
1001 6th Ave, New York 241,001 11/01/2017 $28,050,000
102 W 38th St, New York 37,271 11/01/1994
130 W 37th St, New York 10,896 06/25/2010 $4,650,000
993 6th Ave, New York 348,801 04/03/2025
1372 Broadway, New York 479,620 09/22/2014
148 W 37th St, New York 93,846 12/20/2012
126 W 37th St, New York 13,800
1017 6th Ave, New York 6,540 05/15/2014
128 W 37th St, New York 6,000
144 W 37th St, New York 15,435 01/01/2019
1375 Broadway, New York 464,951 12/19/2024 $170,403,750
1384 Broadway, New York 204,034 06/30/2006 $41,000,000
1369 Broadway, New York 20,500 07/15/2025 $5,775,793
1011 6th Ave, New York 5,316 04/07/1997
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