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508 East 12th Street

Midtown South

New York, NY 10009

  • inquire for pricing

Building Details

  • Walk Score®100
  • Year Built1930
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  • Sample Units

    UnitSizePriceInquire
    Small2,500 sqftInquire for pricing
    Medium5,000 sqftInquire for pricing
    Large10,000 sqftInquire for pricing
    Whole Floor20,000 sqftInquire for pricing
    • 0.02 mi☕️Table 12
    • 0.04 mi☕️Ciao For Now
    • 0.05 mi🥘Westville East
    • 0.08 mi🍺Drop-Off Service
    • 0.09 mi☕️Tompkins Square Bagels
    • 0.09 mi☕️Horus Café
    • 0.1 mi☕️Lower East Side Coffee Shop
    • 0.12 mi🍺Blind Barber
    • 0.12 mi🍺Otto's Shrunken Head Tiki Bar
    • 0.13 mi🍺Mona's
    • 0.13 mi🥘Akina Sushi
    • 0.13 mi🌲Toyota Children's Learning Garden
    • 0.13 mi🌲Yu Suen Garden
    • 0.15 mi🥘Balade
    • 0.16 mi🍺Doc Hollidays
    • 0.16 mi🥘Kumo Sushi
    • 0.17 mi🍺Dead Drop
    • 0.17 mi🥘Superiority Burger
    • 0.17 mi🥘Raclette
    • 0.17 mi🥘Jeepney
    • 0.17 mi🥘Sao Mai
    • 0.18 mi🥘Luzzo's
    • 0.18 mi🍺Good Beer
    • 0.18 mi☕️Starbucks
    • 0.18 mi🥘Señor Pollo
    • 0.18 mi🥘Thai Terminal
    • 0.19 mi🥘Momofuku Noodle Bar
    • 0.19 mi🥘Motorino
    • 0.19 mi🥘The Redhead
    • 0.19 mi☕️Tarallucci e Vino
    • 0.19 mi🚇L1st Avenue
    • 0.19 mi🥘Please Don't Tell
    • 0.2 mi🥘S'MAC
    • 0.2 mi🥘Hummus Place
    • 0.2 mi🥘Empellon Al pastor
    • 0.21 mi🥘Cafe Mogador
    • 0.22 mi💪14th Street Y – Sports Center
    • 0.22 mi🥘Kambi
    • 0.22 mi☕️The Bean
    • 0.22 mi🥘Kati
    • 0.23 mi☕️Dunkin' Donuts
    • 0.23 mi🥘East Village Pizza
    • 0.24 mi🥘Black Market
    • 0.24 mi🌲De Colores Community Yard
    • 0.25 mi🥘Murray's Falafel and Grill
    • 0.25 mi☕️Rusticity
    • 0.25 mi🥘Miss Lily’s
    • 0.25 mi☕️Vbar St. Marks
    • 0.25 mi🥘Stromboli Pizza
    • 0.25 mi🥘Avant Garden
    • 0.26 mi🍺Nowhere
    • 0.27 mi🍺Vazacs Horseshoe Bar
    • 0.27 mi🥘Caracas Arepa Bar
    • 0.27 mi🍺Crocodile Lounge
    • 0.27 mi🥘Luke's Lobster
    • 0.28 mi☕️Madman Espresso
    • 0.28 mi🥘Buenos Aires
    • 0.28 mi🥘Angelica Kitchen
    • 0.28 mi🍺East Village Tavern
    • 0.28 mi🍺Cherry Tavern
    • 0.28 mi🥘Oiji
    • 0.28 mi🍺Death & Company
    • 0.3 mi☕️Abraço
    • 0.3 mi🥘The Halal Guys
    • 0.3 mi🥘Satsko
    • 0.3 mi🥘Nicoletta
    • 0.3 mi☕️9th St Espresso
    • 0.3 mi🥘MUD
    • 0.31 mi🥘Caravan of Dreams
    • 0.32 mi🥘Momofuku Ssäm Bar
    • 0.32 mi🥘Numero 28
    • 0.32 mi🍺Professor Thom's
    • 0.33 mi🥘GG's NYC
    • 0.33 mi🌲Abe Lebewohl Park
    • 0.33 mi☕️Cafe Orlin
    • 0.33 mi🥘Bait and Hook
    • 0.34 mi🥘Kafana
    • 0.34 mi🥘Zum Schneider
    • 0.34 mi🥘Hotel Tortuga
    • 0.34 mi🥘T-swirl Crepe
    • 0.34 mi☕️Starbucks
    • 0.35 mi🥘Dallas BBQ
    • 0.35 mi💪Synergy Fitness Clubs
    • 0.35 mi🥘Milon Indian Restaurant
    • 0.35 mi🥘Ottos's Tacos
    • 0.35 mi🥘The Winslow
    • 0.35 mi🥘Baohaus
    • 0.36 mi🥘Edi and the Wolf
    • 0.36 mi🥘Via Della Pace
    • 0.36 mi☕️City Gourmet Cafe
    • 0.37 mi🥘IHOP
    • 0.37 mi🌲Murphy Park
    • 0.37 mi🍺Dorian Gray Tap and Grill
    • 0.37 mi🥘Taqueria Diana
    • 0.37 mi🥘Blind Pig
    • 0.37 mi🥘The Nugget Spot
    • 0.38 mi☕️Fantastic Cafe
    • 0.38 mi🍺Beauty Bar
    • 0.38 mi🥘Perbacco
    • 0.38 mi☕️Matcha Cafe Wabi
    • 0.38 mi🥘Beyond Sushi
    • 0.38 mi🥘Vivi Bubble Tea
    • 0.39 mi🥘B4
    • 0.39 mi🥘Krust Pizzeria
    • 0.39 mi🍺The Belfry
    • 0.39 mi🥘turntable 5060
    • 0.39 mi🥘Hawkers
    • 0.39 mi🥘Vanessa's Dumplings
    • 0.4 mi🥘San Marzano
    • 0.4 mi🥘Hot Kitchen
    • 0.4 mi☕️Dunkin' Donuts
    • 0.4 mi🥘Beetlehouse
    • 0.4 mi🥘Beijing Chinese Restaurant
    • 0.4 mi🥘Spice
    • 0.4 mi🍺Mayahuel
    • 0.4 mi🥘bite
    • 0.41 mi🍺Jimmy's No. 43
    • 0.41 mi🥘New Taco Grill
    • 0.41 mi🍺Standings
    • 0.41 mi🍺Burp Castle
    • 0.41 mi🥘Chickpea
    • 0.41 mi🌲Saint Mark's Historic District
    • 0.41 mi🥘babbo
    • 0.41 mi🥘Bruno
    • 0.42 mi🥘Mighty Quinn's BBQ
    • 0.42 mi🥘Joselito
    • 0.42 mi🥘Fonda
    • 0.42 mi🥘Risotteria Melotti
    • 0.42 mi🥘Streecha Urkrainian Kitchen
    • 0.42 mi🥘Red House
    • 0.43 mi🥘Just Sweet
    • 0.43 mi🥘Petite Abeille
    • 0.43 mi🥘Root & Bone
    • 0.44 mi🥘East Village Thai
    • 0.44 mi🥘Village Yokocho
    • 0.44 mi🍺Angel's Share
    • 0.45 mi🍺The Cock
    • 0.45 mi🥘Mary Ann's
    • 0.45 mi🚇L3rd Avenue
    • 0.45 mi🍺Brazen Fox
    • 0.45 mi🥘Cafe Cortadito
    • 0.45 mi🥘Poco
    • 0.45 mi☕️Starbucks
    • 0.46 mi☕️Sigmund's Pretzels
    • 0.46 mi☕️Solo Pizza
    • 0.47 mi🥘One dollar pizza

    Neighborhood

    Midtown South

    Midtown South encompasses Manhattan neighborhoods such as Chelsea, Gramercy Park, Hudson Square, Greenwich Village, and SoHo. Numerous tech, media, fashion and marketing firms are vying for business space there. Notable businesses in Midtown South include Google, Forbes, and TripAdvisor.

    Midtown South Office Space | Lease and Data Trends

    On average, business space rental rates are lower in Midtown South than in Manhattan as a whole, with leases going for slightly less than $70 per square foot, compared to the Manhattan average (Class A and Class B) of around $75.

    The overall vacancy rate in Midtown South consistently hovers around seven percent, meaning there is competition among tenants but enough vacancy to push landlords to make concessions. Midtown South encompasses many different neighborhoods with prices varying based on location, lease length, and building class. To learn more about the office leasing process, check out our Leasopedia and Types of Office Space guide.

     

    NYC office space market report

    What Our Brokers Say About Midtown South Office Space

    Midtown South Manhattan is bordered roughly by 30th Street and Midtown Manhattan to the north, Canal Street and Downtown Manhattan to the south, the Hudson River to the west, and the East River to the east. It’s one of the most heavily visited areas in NYC and one of the most desirable locations for office space.

    Getting around Midtown South or visiting neighboring areas is easy. Use Penn Station, Grand Central Terminal, or the Port Authority Bus Terminal, all located conveniently nearby. To read more about how to get to or navigate a specific neighborhood within Midtown South, see the neighborhood pages: Chelsea, Gramercy Park, Hudson Square, Greenwich Village, FlatironNoho, Union Square, Madison Avenue, and SoHo.

    midtown-south-office-buildings

    Get to Know Midtown South

    The actual boundaries and character of Midtown South are debated. The Wall Street Journal notes that those interested in commercial property tend to see the area as covering a larger area than those interested in residential properties. To help you decide where you might be interested in pursuing office space, we have provided brief descriptions of some of Midtown South’s popular neighborhoods below.

    SoHo

    Soho, short for South of Houston Street, is an upscale neighborhood known for its style, luxury, art, and culture. It has an impressive collection of cast-iron buildings with large windows, fire escapes and wide open spaces. Companies such as FourSquare, WeWork Labs, and Warby Parker work there.

    Chelsea

    Chelsea manages to fit 200 art galleries, nearly 2,000 food and drink options, and a dizzying array of boutiques and shops all in one square mile. Known as one of the most pedestrian-friendly areas of NYC, Chelsea offers quick access to the High Line and Chelsea Piers. Working there means working alongside Google, Twitter, Youtube, Uber, Netflix, and Venmo.

    Greenwich Village

    Greenwich Village, nicknamed The Village or West Village, is the NYC artists’ haven and the Bohemian capital. The Village is home to the historic Washington Square Park and various Off-Broadway and Off-Off Broadways. It used to be a rural settlement, so its streets have names instead of numbers, which is unusual for NYC. J. Crew, Forbes, and Outbrain all work there.

    Hudson Square

    Hudson Square combines the elegance of Tribeca and the creativity of SoHo and serves as a hub for advertising, media, and tech. Most of the office space (70 percent) is Class A. A 2013 rezoning began a project to add 165,000 square feet of office space, and this is still underway. Working here means working beside Getty Images, Weiden + Kennedy, DigitalOcean, Two Sigma, and Havas Media.

    Gramercy Park

    Gramercy Park is a quiet district filled with Victorian charm and beautiful foliage. Currently, about 21.5 million square feet of office space are in the area with more than 100,000 under construction. Those looking for a centrally located neighborhood with a laid back environment will love Gramercy. Notable tenants include Perry Branding Group, Digital Pulp, and Gotham Ghostwriters.

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