brandsquarefoot

597 5th Avenue

Midtown East

New York, NY 10017

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Building Details

  • Walk Scoreยฎ95
  • Noise Index0.47
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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 mi๐Ÿฅ˜Friday's
    • 0.03 miโ˜•๏ธToasties
    • 0.03 mi๐ŸบP.J. Moran's
    • 0.03 miโ˜•๏ธCafe K
    • 0.07 mi๐Ÿฅ˜Grasp Grill
    • 0.07 mi๐Ÿฅ˜Hatsuhana
    • 0.07 mi๐Ÿฅ˜China Moon
    • 0.07 mi๐Ÿฅ˜Katsuhama
    • 0.07 miโ˜•๏ธStarbucks Coffee
    • 0.08 mi๐Ÿฅ˜Sushi-tei
    • 0.08 mi๐Ÿฅ˜Sushiden
    • 0.09 mi๐Ÿฅ˜Connolly's
    • 0.09 mi๐ŸบMaggie's Place
    • 0.1 miโ˜•๏ธAu Bon Pain
    • 0.11 miโ˜•๏ธPret a Manger
    • 0.11 miโ˜•๏ธStarbucks Coffee
    • 0.12 mi๐Ÿฅ˜Emporium Brasil Restaurant
    • 0.12 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.13 mi๐Ÿฅ˜Wolfgang's Steakhouse
    • 0.14 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.14 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.15 mi๐Ÿฅ˜Del Frisco's
    • 0.16 mi๐ŸบMad 46
    • 0.17 miโ˜•๏ธStarbucks Coffee
    • 0.17 miโ˜•๏ธStarbucks Coffee
    • 0.17 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.18 mi๐ŸบRooftop Bar
    • 0.18 miโ˜•๏ธeuropa cafe
    • 0.18 miโ˜•๏ธFreeFoods
    • 0.19 miโ˜•๏ธPret A Manger
    • 0.19 mi๐Ÿฅ˜Teresa's
    • 0.19 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.21 mi๐ŸบVander Bar
    • 0.21 mi๐Ÿฅ˜Cosรฌ
    • 0.21 mi๐Ÿบ21 Club
    • 0.22 mi๐Ÿฅ˜ammos estiatorio
    • 0.23 miโ˜•๏ธStarbucks Coffee
    • 0.23 mi๐Ÿฅ˜Bobby Van's Steakhouse - Park Ave
    • 0.23 mi๐Ÿฅ˜Del Frisco's
    • 0.24 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.25 miโ˜•๏ธLe Pain Quotidien
    • 0.25 mi๐Ÿฅ˜Burger Heaven
    • 0.25 miโ˜•๏ธStarbucks Coffee
    • 0.25 miโ˜•๏ธThe Beer Bar Cafe Centro
    • 0.25 mi๐ŸบForty Four
    • 0.25 mi๐Ÿฅ˜Urban Space
    • 0.26 mi๐Ÿฅ˜The Modern - The Bar Room
    • 0.26 mi๐Ÿฅ˜Fogo de chao
    • 0.26 mi๐Ÿš—Hippodrome Parking
    • 0.26 miโ˜•๏ธFinancier
    • 0.26 miโ˜•๏ธGregory Coffee
    • 0.27 miโ˜•๏ธNaples 45
    • 0.27 mi๐Ÿฅ˜Capital Grille at Time-Life
    • 0.27 mi๐Ÿš—Alpha Garage
    • 0.27 mi๐Ÿฅ˜Ted's Montana Grill
    • 0.28 mi๐Ÿฅ˜Tender
    • 0.29 mi๐ŸบHaven Rooftop Bar
    • 0.29 mi๐Ÿฅ˜LA Fonda Del Sol
    • 0.29 mi๐Ÿš—Hippodrome Parking
    • 0.3 mi๐Ÿฅ˜Sushiden
    • 0.31 mi๐Ÿฅ˜The National
    • 0.31 miโ˜•๏ธStarbucks
    • 0.31 miโ˜•๏ธStarbucks
    • 0.31 miโ˜•๏ธStarbucks
    • 0.31 mi๐Ÿฅ˜Mozzarella & Vino
    • 0.32 mi๐Ÿฅ˜Four Seasons
    • 0.32 mi๐Ÿฅ˜St. Andrew's
    • 0.32 mi๐ŸบBill's Gay Nineties
    • 0.32 mi๐Ÿš‡651st Street
    • 0.32 mi๐ŸบConnolly's
    • 0.33 mi๐Ÿฅ˜San Martin
    • 0.33 miโ˜•๏ธCafe Metro
    • 0.33 mi๐ŸบO'Lunney's
    • 0.33 mi๐Ÿฅ˜Havana Central
    • 0.33 mi๐Ÿฅ˜Le Bernardin
    • 0.33 mi๐Ÿฅ˜Iroha
    • 0.33 mi๐Ÿš‡75th Avenue
    • 0.34 mi๐Ÿฅ˜New York Luncheonette
    • 0.34 miโ˜•๏ธStarbucks Coffee
    • 0.34 miโ˜•๏ธStarbucks Coffee
    • 0.35 mi๐Ÿฅ˜La Bonne Soupe
    • 0.35 miโ˜•๏ธFIKA 52 & LEX
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 miโ˜•๏ธStarbucks Coffee
    • 0.35 mi๐Ÿฅ˜The Lambs Club
    • 0.35 mi๐Ÿฅ˜Curry and Tandoor
    • 0.35 mi๐Ÿฅ˜Il Corso
    • 0.35 mi๐Ÿฅ˜Udon West
    • 0.35 mi๐Ÿฅ˜Benoit
    • 0.35 miโ˜•๏ธAndaz
    • 0.36 mi๐Ÿฅ˜Bond45
    • 0.36 mi๐Ÿฅ˜Darbar
    • 0.36 mi๐Ÿฅ˜Bistro Milano
    • 0.36 mi๐ŸบJimmy's Corner
    • 0.36 mi๐Ÿฅ˜Five Guys
    • 0.36 mi๐Ÿฅ˜Pera
    • 0.36 mi๐Ÿš‡NRW49th Street
    • 0.36 mi๐ŸบBXL Cafe
    • 0.36 mi๐Ÿฅ˜TGI Fridays
    • 0.37 mi๐Ÿฅ˜Friday's
    • 0.37 mi๐Ÿฅ˜Aretsky's Patroon
    • 0.37 miโ˜•๏ธBreads bakery
    • 0.37 mi๐Ÿฅ˜Planet Hollywood
    • 0.37 mi๐Ÿš‡BDFM42nd Street - Bryant Park
    • 0.37 mi๐Ÿฅ˜Madison & Vine
    • 0.37 mi๐ŸบCassidyโ€™s
    • 0.37 mi๐ŸบThe Wheeltapper Pub
    • 0.38 mi๐ŸบWhiskey Trader
    • 0.38 miโ˜•๏ธWaffels and dinges
    • 0.38 mi๐Ÿฅ˜Buca di Beppo
    • 0.38 mi๐Ÿฅ˜Roast Chicken
    • 0.38 miโ˜•๏ธStarbucks
    • 0.38 mi๐Ÿฅ˜Pershing Square
    • 0.38 miโ˜•๏ธStarbucks Coffee
    • 0.38 mi๐Ÿฅ˜Joe's Shanghai
    • 0.38 mi๐Ÿฅ˜The Playwright
    • 0.38 miโ˜•๏ธCentral Cafe
    • 0.38 mi๐Ÿฅ˜Aquavit
    • 0.38 mi๐Ÿš—Icon
    • 0.39 mi๐Ÿฅ˜Virgil's Real BBQ
    • 0.39 miโ˜•๏ธStarbucks Coffee
    • 0.39 miโ˜•๏ธStarbucks Coffee
    • 0.39 miโ˜•๏ธDunkin' Donuts
    • 0.39 miโ˜•๏ธLe Pain Quotidien
    • 0.39 mi๐Ÿฅ˜Bryant Park Grill
    • 0.39 miโ˜•๏ธStarbucks Coffee
    • 0.39 miโ˜•๏ธKelloggยดs Cafe
    • 0.39 mi๐Ÿš‡S456742nd Street-Grand Central
    • 0.4 mi๐Ÿฅ˜Tony's
    • 0.4 mi๐Ÿš‡EM53rd Street-Lexington Avenue
    • 0.4 mi๐ŸšŒNew York Airport Service
    • 0.4 mi๐Ÿฅ˜Smith & Wollensky
    • 0.4 mi๐Ÿฅ˜Menkui Teu
    • 0.4 mi๐ŸบCaroline's on Broadway
    • 0.4 mi๐Ÿฅ˜Blue Fin
    • 0.41 miโ˜•๏ธMarket Cafe
    • 0.41 mi๐Ÿฅ˜The Heavenly Burger
    • 0.41 mi๐Ÿฅ˜Applebee's
    • 0.41 mi๐Ÿฅ˜Beyond Sushi
    • 0.41 mi๐Ÿฅ˜Dos Caminos
    • 0.41 miโ˜•๏ธMacchiato Espresso Bar
    • 0.41 mi๐Ÿฅ˜Brooklyn Diner - Time Square
    • 0.41 mi๐Ÿฅ˜Grand Central Place
    • 0.41 mi๐Ÿฅ˜Nanking
    • 0.41 miโ˜•๏ธDunkin' Donuts
    • 0.42 mi๐Ÿฅ˜Bierhaus
    • 0.42 miโ˜•๏ธStarbucks Coffee
    • 0.42 mi๐Ÿš—Champion
    • 0.42 mi๐Ÿš‡150th Street
    • 0.42 mi๐Ÿฅ˜Ellen's Stardust Dinner
    • 0.42 mi๐Ÿฅ˜Hillstone
    • 0.42 mi๐ŸบRosie O'Grady's Saloon
    • 0.42 miโ˜•๏ธSouthwest Porch
    • 0.43 mi๐Ÿฅ˜Pampano
    • 0.43 mi๐Ÿฅ˜Gourmet 45
    • 0.43 miโ˜•๏ธStarbucks
    • 0.43 miโ˜•๏ธStarbucks
    • 0.43 miโ˜•๏ธCofeed
    • 0.43 mi๐ŸบOld Castle
    • 0.43 mi๐ŸบThe Perfect Pint
    • 0.44 mi๐Ÿฅ˜44th Street Minar
    • 0.44 mi๐Ÿš—Quik Park
    • 0.44 mi๐Ÿฅ˜Roti
    • 0.44 mi๐Ÿฅ˜Bubba Gump Shrimp Co.
    • 0.44 miโ˜•๏ธJamba Juice
    • 0.44 mi๐Ÿฅ˜Sparks Steak House
    • 0.44 miโ˜•๏ธCafe Edison
    • 0.44 mi๐Ÿฅ˜Chopt
    • 0.45 mi๐ŸบThe Irish Pub
    • 0.45 mi๐Ÿš‡S42nd Street -Times Square
    • 0.45 miโ˜•๏ธFIKA Bryant Park
    • 0.45 miโ˜•๏ธCafรฉ Metro
    • 0.45 mi๐Ÿš‡BDE7th Avenue
    • 0.45 mi๐ŸšŒbus m101
    • 0.45 miโ˜•๏ธNinth Street Espresso
    • 0.45 mi๐Ÿฅ˜The View Restaurant & Lounge
    • 0.45 miโ˜•๏ธLe Pain Quotidien
    • 0.45 mi๐Ÿฅ˜Mangia
    • 0.45 miโ˜•๏ธFIKA Grand Central
    • 0.45 mi๐Ÿฅ˜Hard Rock Cafe
    • 0.45 mi๐Ÿฅ˜Ootoya
    • 0.46 mi๐Ÿฅ˜Le Parker Meridien Burger
    • 0.46 mi๐Ÿฅ˜Rue 57
    • 0.46 mi๐ŸŒฒTurtle Bay Gardens Historic District
    • 0.46 mi๐Ÿฅ˜Salute
    • 0.46 mi๐Ÿฅ˜Comfort Diner
    • 0.47 mi๐Ÿฅ˜Little Collins
    • 0.47 mi๐ŸบNall's Irish Pub & Restaurant
    • 0.47 miโ˜•๏ธCafe Metro
    • 0.47 miโ˜•๏ธLittle Collins

    Neighborhood

    Midtown East

    Midtown East, an area of Midtown, is a popular office space location, especially for consulting firms, financial services firms, media companies, and hedge funds. Located near many of Manhattanโ€™s most iconic landmarks, the area is not only a business center but also a well-traveled tourist destination. Midtown East encompasses several unique neighborhoods including the Plaza District, Park Avenue, Madison Avenue, and Grand Central Station.

    SquareFoot's NYC Market Report

     

    Midtown East Office Space | Lease Data & Trends

    Office space rental prices vary greatly based on location, building class, and lease terms and length. On the high end of the spectrum, Class A office space in the Plaza District or on Madison Avenue can cost $100 per square foot. Conversely, Class B office space for lease in the Garment District or near Grand Central Station goes for closer to $60 per square foot.

    In general, Midtown East submarkets are more expensive than the average asking rent for NYC office space $72 per square foot, or the average Brooklyn office space rent of $42 per square foot.

    To help decide what kind of space youโ€™re looking for, read about the differences between Class A and Class B office spaces. What about gross lease, triple net leases, and tenant improvement allowance? If you want to learn more about renting office space in Midtown East, one of our licensed tenant brokers would love to answer your questions.

     

    What Our Brokers Say About Midtown East Office Space

    The borough of Manhattan south of Central Park is traditionally divided into Midtown, Midtown South, and Lower Manhattan. Midtown East is the Eastern half of Midtown that is bordered by Fifth Avenue to the west, the East River to the east, 59th St. to the north, and 42nd Street to the south. The area is home to the Chrysler Building, Rockefeller Center, and the United Nations Headquarters, and visitors will notice a lot of areas that look familiar because theyโ€™ve appeared on postcards and in TV shows.

    Midtown East is primarily a business district and is relatively quiet during the evenings. Traveling around the area and getting to and from nearby districts is easy, especially with the convenient juxtaposition of Grand Central Station, which is not only one of the biggest hubs for public transportation in NYC but also a historic landmark. Nearby subway lines include: 4, 5, 6, N, Q, R, B, D, F, M, E, and 7. If visiting business partners need a place to stay, book rooms in The Langham, The Bernic Hotel, Fitzpatrick Grand Central, or Pod 39.

     

    Popular Neighborhoods in Midtown East

    Each neighborhood located within Midtown East has unique character and features.

    Grand Central Station: Whether you call it by its official name, Grand Central Terminal, or its nickname, Grand Central, this neighborhood is known for housing Grand Central Station, one of the biggest transportation hubs in NYC. Securing office space here means working alongside companies such as Salesforce, YES Network, Oracle, Metlife, and New York Life Insurance.

    Madison Avenue: Madison Avenue, one of the most well-known streets in America, is home to some of the nationโ€™s most influential businesses. Named after the United Statesโ€™ fourth President, James Madison, Madison Avenue is clean, beautiful, and graffiti-free. Though no longer the center of the advertising world, Madison Avenue is still an area in high demand.

    Plaza District: The Plaza District houses some of the most premier commercial real estate in NYC. A 10% vacancy leaves potential tenants with plenty of options to join the districtโ€™s current tenants, which include Colgate-Palmolive, Bloomberg, and NBC Studios.

    Park Avenue: Park Avenue, originally called Fourth Avenue, houses some of the nationโ€™s most expensive real estate, and some of NYCโ€™s richest CEOs live there. Fortune 500 companies such as Citigroup, Mutual of America, JP Morgan, and Metlife have Park Avenue addresses from here.

    photo of the metlife building and grand central station

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    Nearby

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