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5 West 31st Street

Midtown South

New York, NY 10001

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Building Details

  • Walk Scoreยฎ100
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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
    • 0.01 mi๐Ÿฅ˜Minar
    • 0.04 mi๐Ÿ’ชThrowback Fitness
    • 0.05 mi๐Ÿฅ˜Woorijip
    • 0.06 mi๐Ÿฅ˜New WonJo
    • 0.07 mi๐Ÿฅ˜Hana Michi
    • 0.07 mi๐Ÿฅ˜Kyo Chon Chicken
    • 0.07 mi๐Ÿš—Central Parking
    • 0.08 mi๐Ÿฅ˜Ichiumi Japanese Buffet
    • 0.08 mi๐Ÿฅ˜Seoul Garden
    • 0.09 mi๐Ÿฅ˜Bon Chon Chicken
    • 0.09 mi๐Ÿฅ˜Take31
    • 0.09 mi๐Ÿฅ˜Ravagh Persian Grill
    • 0.09 miโ˜•๏ธStarbucks
    • 0.09 mi๐ŸบFoley's
    • 0.09 mi๐Ÿฅ˜Kang Suh Restaurant
    • 0.09 mi๐Ÿฅ˜Her Name is Han
    • 0.1 mi๐Ÿฅ˜Gaonnuri
    • 0.1 miโ˜•๏ธChalait
    • 0.12 mi๐Ÿฅ˜The Breslin
    • 0.12 mi๐Ÿฅ˜Bella Napoli
    • 0.12 mi๐ŸบJack Demsey's
    • 0.12 mi๐ŸบRattle n Hum
    • 0.12 mi๐ŸบO'Reilly's Pub
    • 0.12 mi๐Ÿฅ˜John Dory Oyster Bar
    • 0.13 mi๐ŸบHeartland Brewery
    • 0.13 mi๐Ÿฅ˜L & W Oyster Company
    • 0.13 miโ˜•๏ธStarbucks Coffee
    • 0.13 mi๐Ÿฅ˜Ben & Jack's Steakhouse
    • 0.14 mi๐ŸบO'Reileys
    • 0.14 miโ˜•๏ธCafe Delectica
    • 0.14 mi๐ŸบJohn Doe Bar & Kitchen
    • 0.16 miโ˜•๏ธIdea Coffee
    • 0.16 mi๐Ÿฅ˜Milleseme
    • 0.16 mi๐Ÿš‡RW28th Street
    • 0.16 mi๐Ÿฅ˜Crooked Knife
    • 0.16 mi๐ŸบThe NoMad Hotel Library Bar
    • 0.17 mi๐Ÿš‡PATH33rd Street
    • 0.18 mi๐ŸบThe Nomad
    • 0.18 miโ˜•๏ธStarbucks
    • 0.18 mi๐Ÿฅ˜ilili
    • 0.18 miโ˜•๏ธDunkin' Donuts
    • 0.18 mi๐Ÿฅ˜Sweetgreen
    • 0.19 mi๐Ÿฅ˜Chipotle
    • 0.19 mi๐Ÿฅ˜Wine:30
    • 0.19 mi๐Ÿฅ˜Pondicheri
    • 0.19 miโ˜•๏ธExki
    • 0.2 mi๐Ÿš‡BDFMNQRW34th Street-Herald Square
    • 0.21 mi๐Ÿฅ˜The Smith
    • 0.21 miโ˜•๏ธStarbucks
    • 0.21 mi๐Ÿฅ˜Chipotle
    • 0.21 mi๐Ÿบ230 Fifth
    • 0.21 mi๐Ÿฅ˜Fresh Mexican Grill
    • 0.21 mi๐Ÿ’ชEvolution Muay Thai
    • 0.22 mi๐ŸบTavern29
    • 0.22 mi๐Ÿฅ˜Choza Tacqueria
    • 0.22 miโ˜•๏ธBirch
    • 0.22 mi๐Ÿฅ˜California Pizza Kitchen
    • 0.22 miโ˜•๏ธGregory's Coffee
    • 0.22 mi๐Ÿฅ˜Shorty's
    • 0.22 mi๐Ÿฅ˜Preฬ‚t aฬ€ manger
    • 0.22 mi๐Ÿฅ˜Hyo Dong Gak
    • 0.22 miโ˜•๏ธCafe R
    • 0.23 mi๐Ÿฅ˜Waldy's Woodfire Pizza & Penne
    • 0.23 mi๐ŸบVin Sur Vingt
    • 0.23 miโ˜•๏ธSubway
    • 0.23 mi๐Ÿฅ˜Mulberry & Vine
    • 0.23 mi๐Ÿฅ˜Essen Fast Slow Food
    • 0.23 miโ˜•๏ธLenny's
    • 0.23 mi๐Ÿฅ˜Cosi
    • 0.24 miโ˜•๏ธStarbucks
    • 0.24 mi๐ŸบToshi's Living Room
    • 0.24 mi๐Ÿฅ˜Izakaya Mew
    • 0.24 mi๐Ÿฅ˜Dunkin' Donuts
    • 0.24 miโ˜•๏ธCosi
    • 0.24 mi๐ŸบToshi's Penthouse
    • 0.24 mi๐Ÿš‡633rd Street
    • 0.24 mi๐Ÿฅ˜Izakaya NoMad
    • 0.24 mi๐Ÿฅ˜Maysville
    • 0.25 mi๐Ÿฅ˜Friedman's
    • 0.25 mi๐Ÿฅ˜Cho Dang Gol
    • 0.25 mi๐ŸบChurchill's Pub
    • 0.25 mi๐Ÿฅ˜Fresh & Co
    • 0.25 mi๐Ÿฅ˜Latin American Restaurant
    • 0.25 mi๐Ÿ’ชPopPhysique
    • 0.25 mi๐Ÿฅ˜La Pecora Bianca
    • 0.25 miโ˜•๏ธStarbucks
    • 0.26 mi๐Ÿฅ˜INDAY
    • 0.26 mi๐Ÿฅ˜Maui Onion
    • 0.26 mi๐Ÿฅ˜Les Halles
    • 0.26 miโ˜•๏ธFIKA 34th Street
    • 0.26 mi๐Ÿฅ˜Wagamama
    • 0.26 mi๐ŸบHog Pit NYC
    • 0.26 mi๐ŸบGrey Bar & Restaurant
    • 0.26 mi๐ŸบThe Flatiron Room
    • 0.27 miโ˜•๏ธStarbucks Coffee
    • 0.27 mi๐ŸบThe Ginger Man
    • 0.27 mi๐Ÿฅ˜Hee Korean BBQ Grill
    • 0.27 mi๐Ÿš‡628th Street
    • 0.27 mi๐Ÿฅ˜Num Pang
    • 0.27 mi๐Ÿฅ˜Hill Country Barbecue Market
    • 0.27 mi๐Ÿฅ˜Melt Shop
    • 0.27 miโ˜•๏ธFIKA 28th Street
    • 0.27 mi๐Ÿฅ˜Franchia
    • 0.27 mi๐Ÿฅ˜Hanjan
    • 0.28 mi๐ŸบFlatiron Hall
    • 0.29 mi๐Ÿฅ˜Keens Steakhouse
    • 0.29 miโ˜•๏ธKoffeecake Corner
    • 0.3 miโ˜•๏ธDunkin' Donuts
    • 0.31 mi๐Ÿฅ˜Izumi
    • 0.31 mi๐Ÿฅ˜Spicy Simphony
    • 0.31 mi๐Ÿฅ˜Vezzo
    • 0.31 miโ˜•๏ธIntelligentsia
    • 0.31 mi๐Ÿฅ˜Marcony
    • 0.32 mi๐Ÿฅ˜Cafe China
    • 0.32 mi๐Ÿฅ˜Dos Caminos
    • 0.33 mi๐Ÿฅ˜Murry Hill Diner
    • 0.33 mi๐ŸบRouge
    • 0.33 mi๐Ÿฅ˜Brother Jimmy's BBQ
    • 0.33 mi๐Ÿฅ˜Copper Chimney
    • 0.33 mi๐Ÿฅ˜Lallisse
    • 0.33 mi๐Ÿฅ˜Belvedere
    • 0.33 miโ˜•๏ธPenelope
    • 0.33 mi๐Ÿฅ˜Five Guys
    • 0.34 mi๐Ÿฅ˜Jazz Standard
    • 0.34 mi๐Ÿฅ˜Dhaulagiri Kitchen
    • 0.34 mi๐Ÿฅ˜Lahori Kabab
    • 0.34 mi๐ŸบBlaggards Pub
    • 0.34 mi๐Ÿฅ˜The Australian
    • 0.34 mi๐Ÿฅ˜Blue Smoke
    • 0.34 mi๐Ÿฅ˜Junoon
    • 0.35 mi๐Ÿฅ˜Pappali
    • 0.35 mi๐Ÿฅ˜Chop Shop II
    • 0.35 mi๐Ÿฅ˜Anjappar
    • 0.35 mi๐Ÿฅ˜Tappo
    • 0.35 mi๐ŸบWhiskey Rebel
    • 0.35 mi๐ŸบPark Hotel Rooftop Bar
    • 0.35 mi๐Ÿฅ˜VLife NYC
    • 0.35 mi๐Ÿ’ชStudio Anya
    • 0.36 miโ˜•๏ธPret A Manger
    • 0.36 mi๐Ÿฅ˜Curry in a Hurry
    • 0.36 miโ˜•๏ธMoonstruck
    • 0.36 mi๐Ÿฅ˜Eleven Madison Park
    • 0.36 mi๐Ÿฅ˜Eataly
    • 0.36 mi๐Ÿฅ˜Haldi
    • 0.36 miโ˜•๏ธStarbucks
    • 0.36 mi๐Ÿฅ˜Bhatti
    • 0.36 mi๐Ÿš‡12334th Street - Penn Station
    • 0.36 mi๐Ÿš‡128th Street
    • 0.36 mi๐Ÿฅ˜Chote Nawab
    • 0.37 mi๐Ÿš‡12334th Street - Penn Station
    • 0.37 miโ˜•๏ธGG Cafe
    • 0.37 mi๐Ÿฅ˜Haandi
    • 0.37 mi๐Ÿš‡12334th Street - Penn Station
    • 0.37 miโ˜•๏ธStarbucks
    • 0.37 mi๐ŸบLa Bierria
    • 0.37 mi๐Ÿš‡12334th Street - Penn Station
    • 0.37 mi๐Ÿฅ˜ViV
    • 0.37 mi๐Ÿฅ˜La Tarte Flambรฉe
    • 0.38 mi๐Ÿฅ˜Baita by Birreria
    • 0.38 mi๐Ÿฅ˜Juice
    • 0.38 miโ˜•๏ธAndrews Coffee Shop
    • 0.38 mi๐Ÿฅ˜Eataly
    • 0.39 mi๐Ÿฅ˜Pita Grill
    • 0.39 mi๐Ÿฅ˜2nd Ave Deli
    • 0.39 mi๐Ÿฅ˜Rare Bar and Grill
    • 0.39 miโ˜•๏ธThe Corner Cafe
    • 0.39 mi๐Ÿฅ˜Le Parisien
    • 0.39 miโ˜•๏ธStarbucks
    • 0.39 mi๐Ÿš‡RW23th Street
    • 0.4 mi๐Ÿฅ˜Nomado
    • 0.4 mi๐ŸบSmithfield Hall
    • 0.4 mi๐Ÿฅ˜Cask
    • 0.4 mi๐Ÿฅ˜Kofoo
    • 0.4 mi๐Ÿฅ˜Hummus Kitchen
    • 0.4 mi๐ŸบThe Storehouse
    • 0.41 mi๐Ÿฅ˜Saravanaa Bhavan
    • 0.41 mi๐Ÿฅ˜Saravana Bhavan
    • 0.41 mi๐Ÿฅ˜Sushiritto
    • 0.41 mi๐Ÿฅ˜Kurry Pavilion
    • 0.41 mi๐ŸบEVR NYC
    • 0.41 mi๐Ÿ’ชUplift Studio
    • 0.41 mi๐ŸšŒFree maison
    • 0.41 mi๐Ÿš‡New York Penn Station
    • 0.41 mi๐Ÿš‡New York Penn Station
    • 0.41 mi๐ŸบSilverleaf Tavern
    • 0.41 miโ˜•๏ธCafe Bene
    • 0.42 mi๐Ÿฅ˜Outback Steakhouse
    • 0.42 mi๐ŸบThe Shakespeare
    • 0.42 miโ˜•๏ธMangia Organic
    • 0.42 miโ˜•๏ธTim Hortons
    • 0.42 mi๐Ÿฅ˜Salute
    • 0.42 mi๐Ÿฅ˜Dig Inn Seasonal Market
    • 0.42 mi๐Ÿฅ˜VERTS Mediterranean Grill
    • 0.42 mi๐ŸŒฒSniffen Court Historic District
    • 0.42 miโ˜•๏ธSeven Grams
    • 0.43 mi๐Ÿฅ˜Moonstruck
    • 0.43 mi๐Ÿš‡FMPATH23rd Street
    • 0.43 mi๐Ÿฅ˜Banc
    • 0.43 mi๐Ÿฅ˜Bao Bao Cafe
    • 0.43 mi๐ŸบPig n' Whistle
    • 0.44 mi๐Ÿฅ˜Turkish Kitchen
    • 0.44 mi๐Ÿฅ˜Vino Tapa
    • 0.44 mi๐Ÿฅ˜Tonic
    • 0.44 mi๐ŸบAmerican Whisky
    • 0.44 mi๐Ÿฅ˜Bareburger
    • 0.44 mi๐Ÿฅ˜Vatan
    • 0.44 mi๐Ÿฅ˜Balloon
    • 0.44 mi๐ŸบMercury Bar
    • 0.44 mi๐Ÿฅ˜Ethos
    • 0.44 mi๐Ÿฅ˜Coppola's
    • 0.44 mi๐ŸบFlying Cock
    • 0.45 mi๐Ÿฅ˜Blockheads
    • 0.45 miโ˜•๏ธStarbucks
    • 0.45 miโ˜•๏ธFIKA 23rd Street
    • 0.45 mi๐Ÿฅ˜Bella Napoli
    • 0.45 mi๐Ÿš—Icon Parking
    • 0.45 mi๐ŸบBarcade
    • 0.46 miโ˜•๏ธLe Pain Quotidien
    • 0.46 mi๐Ÿฅ˜Nana Sushi
    • 0.46 mi๐ŸบJoshua Tree
    • 0.46 miโ˜•๏ธStarbucks Coffee
    • 0.47 mi๐ŸบPark Avenue Tavern
    • 0.48 miโ˜•๏ธCofeed

    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. Itโ€™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, Flatiron,ย Noho, 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 Southโ€™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 artistsโ€™ 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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