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500 5th Avenue

Midtown

New York, NY 10110

  • 5,904 sqft
  • ~$73/sqft

Availability

UnitSizePriceInquire
56th Floor5,904 sqft$35,916 /mo est
Office Space5,904 sqft$35,916 /mo est
  • 0.06 mi🚇75th Avenue
  • 0.12 mi🚗Hippodrome Parking
  • 0.14 mi🚗Hippodrome Parking
  • 0.17 mi🚇BDFM42nd Street - Bryant Park
  • 0.23 mi🚌New York Airport Service
  • 0.26 mi🚇S456742nd Street-Grand Central
  • 0.3 mi🚇NQRW42nd Street - Times Square
  • 0.31 mi🚇S42nd Street -Times Square
  • 0.35 mi🚇12342nd Street - Times Square
  • 0.35 mi🚇12342nd Street - Times Square
  • 0.35 mi🚇12342nd Street - Times Square
  • 0.35 mi🚇12342nd Street - Times Square
  • 0.36 mi🚇BDFM47th-50th Streets - Rockefeller Center
  • 0.36 mi🚇742nd Street - Times Square

Building Details

  • Attended Lobby✔︎
  • Turnstile✔︎
  • 24/7 Access✔︎
  • Owner/Leasing Manager1472 Broadway, Inc.
  • Floors60
  • ArchitectShreve, Lamb & Harmon Associates
  • Walk Score®98
  • Year Built1931

500 Fifth Avenue, New York, NY 10010 is located on the corner of 42nd Street and 5th Avenue. Completed in 1931, the building stands at 60 floors tall and features over 687,585 square feet in office space for rent, making it quite a sizable structure. Although an older building, the structure was renovated recently and now offers class A office space and support. Sitting in the heart of Midtown, this structure benefits from being in the vicinity of some of New York’s best amenities. There are literally hundreds of restaurants that surround 500 Fifth Avenue as well as easy access to the MTA’s orange, purple, and green subway lines. Its proximity to other office structures also located in Midtown make this an ideal building for an organization looking to be in the heart of a large business district. Such excellent placement adds a significant amount of value for the building’s tenants. The building also has historical significance as the original site of CBS Radio’s New York City FM station and was named a New York City landmark in 2010. The building also has a host of updated amenities including tenant-controlled HVAC, 24/7 office support, Fiber-optic link, State-of-the-art security systems, a messenger center, and on-site management. In addition, thanks to a recent renovation, the building has earned an energy star certification and has significantly cut down on its power usage.

Neighborhood

Midtown

Midtown is the epicenter of business in New York City, the beating heart of everyday professional life in Manhattan, the "Big Apple" everyone's talking about.  In many ways, it's a microcosm of the city - its own ecosystem of interconnected businesses and neighborhoods. While it's most commonly associated with the modern marvel that is Times Square, there's more to Midtown than jam-packed sidewalks, throttling skyscrapers, and honking taxis.

This is the home of cool districts like Koreatown and Rose Hill, the patron of fine cultural institutions like the Museum of Modern Art (MoMA), the Scandanavian House, PierPont Morgan Library, and the Japan Society. Some of the best restaurants in the world hail from Midtown, like Thomas Keller's Per Se, Takayama's Masa, and Eric Ripert's Le Bernardin. Famed venues like the Ziegfeld Theatre movie palace, Carnegie Hall, and Radio City Music Hall never fail to charm. And we haven't even gotten to the shopping on 5th Avenue or the "Hamilton" craze on Broadway taking the world by storm. So you see, Midtown isn't all work and no play, but it does excel at work when you get down to it.

Midtown office space drives the commercial market in New York City. It isn't exactly cheap, coming at an average of $73/sqft, but its unbeatable public transit options and well-laid infrastructure still make it top dog for big businesses in need of office space for rent. As for the neighbors, take your pick. It's the media and advertising and financial capital of the world.

Nearby Districts Include: The Garment District, the Upper West Side, and the Upper East Side

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