501 Fifth Avenue
Class: B + 10017 Buildings Grand Central
Direct Office Spaces for Rent
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Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,000/mo | $ 1,250/mo | $ 750/mo |
| Interior office/person | $ 1,250/mo | $ 750/mo | $ 500/mo |
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,000/mo | $ 1,250/mo | $ 1,000/mo |
| Interior office/person | $ 1,250/mo | $ 750/mo | $ 500/mo |
Retail Spaces for Rent
| $ / SF | SF | >Monthly Rent |
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| $ / SF | SF | >Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | >Monthly Rent |
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| Please notify me when a new space is available | ||
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
Medical Spaces for Rent
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| $ / SF | SF | Monthly Rent |
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| Negotiable | 1,400 | Negotiable |
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| Please notify me when a new space is available | ||
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Thank you! we will be in touch.
501 Fifth Avenue
501 Fifth Avenue is a 23-story office building located in the Grand Central neighborhood of Manhattan. Further information on rent, lease office 501 Fifth Avenue includes the following. 501 Fifth Avenue does not currently have co-working options available.
We can get you the best deals on coworking. No Fee. We negotiate to get you the best deals.The Zip Code for 501 Fifth Avenue is 10017. 501 Fifth Avenue contains 152,361 square feet of office space for rent. The office space is rated Class B. Construction of 501 Fifth Avenue finished in 1916. Small, medium and large options for rent office 501 Fifth Avenue are available. In addition to nearby office building lease options, sublease 501 Fifth Avenue options may be provided as well. In 2018, the average office rent at 501 Fifth Avenue was $ 66.67 per square foot. In 2022, the average office rent at 501 Fifth Avenue was $ 60.37 per square foot. When considering to lease office 501 Fifth Avenue average prices per square foot did not follow market trends.
We can get you the best deals on coworking. No Fee. We negotiate to get you the best deals.The Zip Code for 501 Fifth Avenue is 10017. 501 Fifth Avenue contains 152,361 square feet of office space for rent. The office space is rated Class B. Construction of 501 Fifth Avenue finished in 1916. Small, medium and large options for rent office 501 Fifth Avenue are available. In addition to nearby office building lease options, sublease 501 Fifth Avenue options may be provided as well. In 2018, the average office rent at 501 Fifth Avenue was $ 66.67 per square foot. In 2022, the average office rent at 501 Fifth Avenue was $ 60.37 per square foot. When considering to lease office 501 Fifth Avenue average prices per square foot did not follow market trends.
501 Fifth Avenue Property Overview
| Bulding Address: | 501 Fifth Ave |
| Building Alternate address(es): | 501 5th Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 23 |
| Year Built: | 1916 |
| Building Class: | B |
| Block & lot: | 01276-0069 |
Map Location
Internet Providers at 501 Fifth Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Lightower | Fiber | 1 Gb/s+ | 1 Gb/s+ |
| Level 3 Communications | Fiber | 1 Gb/s+ | 1 Gb/s+ |
| Cablevision/Lightpath | Fiber | 1 Gb/s+ | 1 Gb/s+ |
| Verizon New York | Fiber | 1 Gb/s | 25 Mb/s |
| Lightower | Fiber | 10 Gb/s | 10 Gb/s |
| Level 3 Communications | Fiber | 10 Gb/s | 10 Gb/s |
| Cablevision/Lightpath | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 501 Fifth Avenue
Retail Tenants Rented / Leased 501 Fifth Avenue
- Edelstein & Grossman LP leased 894 SF
- CFP Americas LLC leased 2,290 SF
- Bedford Investment Group leased 2,149 SF
- Weather Underground leased 1,664 SF
- n/a leased 11,000 SF
- Jeffrey Cohn leased 500 SF
- Phim Samarkanuf Lmt leased 500 SF
Retail Tenants Rented / Leased 501 Fifth Avenue
- Zibetto Espresso Bar leased 600 SF
- Cosmetics 501 Corportation leased 1,520 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- PricewaterhouseCoopers leased 800,000 SF at 300 Madison Ave
- New Horizons Computer Learning Center leased 23,736 SF at 290 Madison Ave
- US Bank National Association leased 11,232 SF at 461 Fifth Ave
- Daikin U.S. Corporation leased 7,671 SF at 475 Fifth Ave
- vFinance Inc. leased 6,890 SF at 330 Madison Ave
- Gonzalez, Saggio and Harlan LLP leased 6,035 SF at 292 Madison Ave
- Personality Institute leased 2,521 SF at 286 Madison Ave
Nearby Retail Tenants Leased
- Urban Outfitters leased 32,000 SF at 521 Fifth Ave
- Muji leased 15,500 SF at 475 Fifth Ave
- Joe Fresh leased 15,000 SF at 510 Fifth Ave
- BNP Foods leased 11,000 SF at 290 Madison Ave
- Kira Plastinina leased 7,947 SF at 509 Fifth Ave
- Zero Halliburton Luggage leased 3,900 SF at 300 Madison Ave
- Fragrance Warehouse leased 3,000 SF at 301 Madison Ave
- 4Food leased 2,800 SF at 286 Madison Ave
- Chipotle Mexican Grill leased 2,600 SF at 500 Fifth Ave
Office Rent 501 Fifth Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 66.67 |
| 2019 | 67.8 |
| 2020 | 71.44 |
| 2021 | 62.79 |
| 2022 | 60.37 |
| Year | $ / SF |
|---|---|
| 2022 | 39.5 |
Clemente Capital Testimonial
We love a challenge!
Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.
Commercial Real Estate Spaces in New York
Optimal Spaces specializes in negotiating deals for tenants, ensuring savings of 15-20% compared to what tenants could achieve on their own.
Finding the perfect commercial space in New York is essential, and we understand its importance. Our services encompass a wide range of commercial available spaces, including office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces specializes in negotiating deals for tenants, ensuring savings of 15-20% compared to what tenants could achieve on their own.
Finding the perfect commercial space in New York is essential, and we understand its importance. Our services encompass a wide range of commercial available spaces, including office, educational, industrial, retail, medical, and loft spaces.
January 2025: New York Real Estate Market Report
Office: There is plenty of vacant space in Manhattan's 600 million square feet of office space, though much of it is in aging buildings. Manhattan office leasing is on track to surpass 30 million square feet for the first time in five years. In 2018 office leasing was 43 million square feet. Retail: National chains enter New York City as availability of large stores are available and rental prices that make economic sense. Building Sales: Building sales were quiet as buyers are waiting to see if the economy picks up under Trump and if interest rates will decline. New York Market Overview The bondholders on a $219 million loan tied to 285 Madison Avenue filed to foreclose, less than six weeks after RFR Holding defaulted. The Korea International Trade Association's Center is going to upgrade the building at 460 Park Avenue by adding amenities to the building with a budget of $200 million. Thor Equities quit making payments on the $51 million loan tied to 135 East 125th and 126 East 126th Streets, driving the debt into imminent monetary default and special servicing. 135 East 125th and 126 East 126th comprise about 95,000 square feet of leasable space. Primark's new 79,000 square-foot store in Herald Square. Hobby Lobby;s new 71,000-square-foot lease in Tribeca. More large retail spaces have also come on the market in recent years, opening the door for chain stores to grab them at a good price.
Looking for the perfect office space in New York City? Our tenant brokerage specializes in finding tailored solutions for businesses across various industries, including accounting, construction, hedge funds, hotel groups, jewelry, media, nonprofits, technology, trade businesses, and wholesale. Whether you're seeking a prime location in the Financial District, a creative hub for your media team, or a high-security space for your jewelry business, we've got you covered. Our expert team understands the unique needs of each industry and works tirelessly to match you with a space that fits your vision, budget, and operational requirements. Let us simplify your office search and help your business thrive in the heart of New York!
