600 8th Avenue

Marcus & Millichap is pleased to present for sale 600 8th Avenue, a twelve-story mixed-use office and retail building on the corner of Eighth Avenue and West 39th Street in the Garment District. The Property holds 39,925 square feet on a 2,943 square foot corner lot, with frontage on both streets and a rooftop telecommunications licence. Four full floors, approximately 14,000 square feet, are delivered vacant, and in-place office rents sit below current market. The weighted average lease term is 2.8 years, so most of the building reprices within three years. Ownership has held the building since the 1960s and completed $1.6 million of improvements to the facade, elevators and building systems in 2026. Ground-floor retail is let to Berlina Cafe on the Eighth Avenue corner and GNC alongside, and a rooftop wireless licence has run since 2005. Together they contribute income that does not depend on the office leasing market. The Property sits between two of the largest public infrastructure investments in Midtown in a generation: the $10 billion Port Authority Bus Terminal replacement, one block north, and the Penn Station rebuild to the south. Zoning is M1-9A/R12 within the Special Midtown South Mixed-Use District, which permits residential use as of right.