587 Fifth Avenue, located in Manhattan's Plaza District, is a 10-story office building that provides a range of leasing options, including coworking and subleasing. With a Class B rating and covering an area of 44,116 square feet, the property offers various rental choices, catering to small, medium, and large businesses. It is equipped with fiber providers such as Verizon New York, Lightower, and Stealth Communications. The building enjoys excellent transportation access, as it is conveniently located within walking distance of multiple train lines, including B, D, F, M, E, and 7. In 2022, the average rental price for office space is $45.0 per square foot, which marks a decrease from the 2019 average price of $69.0 per square foot. This reduction is an unexpected deviation from the prevailing market trends.