Office building · Garment District, Manhattan
580 Eighth Avenue
New York, NY 10018
580 Eighth Avenue is a 20-floor office building in the Garment District, Manhattan, built in 1928, with about 70,000 square feet of office space according to city records.
Also at 576-582 Eighth Avenue.
- Office space
- 70K SF
- Floors
- 20
- Year built
- 1928
- Zoning
- M1-9A
The 118th largest of the 140 office buildings we track in the Garment District. Compare it with 6 neighbors
No space at 580 Eighth Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 580 Eighth Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 580 Eighth Avenue is the smallest by office floor area. Built in 1928, it is the newest of them. Its estimated property tax, about $6.55 a square foot of floor area before abatements, is below the neighbors' median of $9.28.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 580 Eighth Avenue | 70K SF | 20 | 1928 | $6.55 | Dec 2018, $17.7M |
| 263 West 38th Street | 140K SF | 17 | 1925 | $9.70 | n/a |
| 260 West 39th Street | 146K SF | 18 | 1926 | $6.93 | n/a |
| 575 Eighth Avenue | 197K SF | 23 | 1925 | $9.90 | n/a |
| 589 Eighth Avenue | 108K SF | 23 | 1927 | $8.86 | n/a |
| 262 West 38th Street | 89K SF | 16 | 1924 | $8.53 | n/a |
| 250 West 39th Street | 177K SF | 17 | 1926 | $10.62 | Dec 2015, $124M |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 576-582 Eighth Avenue
- ZIP code
- 10018
- Building type
- Office building (city class O4)
- Total floor area
- 72,649 SF
- Commercial floor area
- 72,649 SF
- Office
- 69,649 SF
- Retail
- 3,000 SF
- Height
- 20 floors
- Average floor
- About 3,600 SF (floor area divided by floors)
- Year built
- 1928
- Last major alteration
- 1964
- Lot area
- 3,331 SF
- Zoning district
- M1-9A
- Built FAR
- 21.81
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1007880004
Nearest subway
- 42 St-Port Authority Bus Terminal
- 34 St-Penn Station
- 34 St-Penn Station
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 2 storefronts at 580 Eighth Avenue for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2024
- 2
- Vacant that day
- 0
- Share vacant across the Garment District
- 14.0%
- Share vacant along Eighth Avenue
- 17.8%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in the Garment District? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists UNG 2 REALTY, LLC as the owner of record. For tax year 2026/27 the city values 580 Eighth Avenue at $10.6 million and assesses it at $4.78 million. After phase-ins and exemptions its taxable value is $4.39 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $475,995 a year before abatements, roughly $6.55 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- UNG 2 REALTY, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $10,617,000
- Land market value
- $1,460,000
- Assessed value
- $4,777,650
- Taxable value (phased in)
- $4,387,860
- Estimated yearly tax
- About $475,995
- Tax per SF of floor area
- About $6.55
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC property records (ACRIS)
Sales history
580 Eighth Avenue last sold in December 2018 for $17.7 million, according to the deed recorded with the city. GREEN - 8 LLC sold it to UNG 2 REALTY, LLC. That comes to about $244 per square foot of floor area.
- Last sale (deed date)
- December 19, 2018
- Price
- $17,705,951
- Price per SF of floor area
- About $244
- Seller
- GREEN - 8 LLC
- Buyer
- UNG 2 REALTY, LLC
- Deed recorded
- December 28, 2018
- ACRIS document
- 2018122701252001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
580 Eighth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 46.1 kBtu per square foot, 26% below the national median of 62.7 for a similar property. Its greenhouse gas emissions were about 324 metric tons of CO2e (4.32 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 46.1 kBtu/SF
- National median for the type
- 62.7 kBtu/SF
- Greenhouse gas emissions
- 324 t CO2e
- Emissions per SF
- 4.32 kg CO2e
- Floor area in the filing
- 75,115 SF
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 580 Eighth Avenue in the 12 months to September 2026; the last one was first permitted in August 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- August 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across the Garment DistrictWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
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Questions about 580 Eighth Avenue
How big is 580 Eighth Avenue?
580 Eighth Avenue has about 73,000 square feet of floor area in total, including 70,000 square feet of office and 3,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 580 Eighth Avenue built?
City records list 1928 as the year built, with a major alteration recorded in 1964. The building is 20 floors tall.
What other addresses does 580 Eighth Avenue have?
City records list 576-582 Eighth Avenue on the same tax lot (BBL 1007880004) as 580 Eighth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 580 Eighth Avenue?
580 Eighth Avenue is in ZIP code 10018, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 580 Eighth Avenue, New York, NY 10018, in the Garment District.
What is the zoning at 580 Eighth Avenue?
The lot is in the M1-9A zoning district. PLUTO lists a built floor area ratio (FAR) of 21.81 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 580 Eighth Avenue?
The closest subway station to 580 Eighth Avenue is 42 St-Port Authority Bus Terminal (the A, C, E, 1, 2, 3, 7, N, Q, R, W and S trains, connected to Times Sq-42 St), about 1000 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 4 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 580 Eighth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists UNG 2 REALTY, LLC as the owner of record of 580 Eighth Avenue (BBL 1007880004). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 580 Eighth Avenue last sold?
580 Eighth Avenue last sold in December 2018 for $17.7 million, according to the deed recorded with the city. GREEN - 8 LLC sold it to UNG 2 REALTY, LLC. That comes to about $244 per square foot of floor area. The deed is ACRIS document 2018122701252001 (BBL 1007880004) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
Does 580 Eighth Avenue have an energy grade?
580 Eighth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 46.1 kBtu per square foot, 26% below the national median of 62.7 for a similar property. Its greenhouse gas emissions were about 324 metric tons of CO2e (4.32 kg per square foot).
Is there construction at 580 Eighth Avenue?
The Department of Buildings issued no permits for new jobs at 580 Eighth Avenue in the 12 months to September 2026; the last one was first permitted in August 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1007880004. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 580 Eighth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.39 million for 580 Eighth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $475,995 a year, roughly $6.55 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007880004 show the actual bill.
What is the assessed value of 580 Eighth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 580 Eighth Avenue at $10.6 million ($1.46 million of it land) and its assessed value at $4.78 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 35% from 2022/23 ($7.89 million) to 2026/27.
Are there vacant storefronts at 580 Eighth Avenue?
Owners registered 2 storefronts at 580 Eighth Avenue for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 580 Eighth Avenue?
No space at 580 Eighth Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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Garment District
Transit hubs in the Garment District
- B D F M N Q R W at 34 St-Herald Sq
- 1 2 3 at 34 St-Penn Station