489 Fifth Avenue
Class: B + 10017 Buildings Grand Central
Direct Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 5,000 | Negotiable |
| $ 48 | 5,000 | $ 19,843 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Nearby Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 41st Avenue | $ 89 | 15,600 | $ 115,310 |
| Fifth Ave & East 40th Street | $ 72 | 6,900 | $ 41,241 |
| E 40th St & Fifth Avenue | $ 71 | 8,800 | $ 51,846 |
| Fifth Ave & East 44th Street | $ 79 | 6,700 | $ 44,303 |
| Madison Ave & East 41st Avenue | $ 85 | 6,300 | $ 44,467 |
| Madison Ave & East 42nd Street | $ 74 | 11,700 | $ 71,784 |
| 5th Ave & East 44th Street | $ 58 | 12,600 | $ 60,847 |
Sublease Office Spaces for Rent
Nearby Sublease Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 42nd St & Madison Avenue | $ 80 | 12,700 | $ 84,666 |
| Fifth Ave & East 44th Street | $ 65 | 13,500 | $ 73,125 |
| Park Ave & East 40th Street | $ 84 | 11,000 | $ 76,816 |
| Fifth Ave & East 45th Street | $ 57 | 6,800 | $ 32,073 |
| Lexington Ave & East 43rd Street | $ 110 | 10,800 | $ 99,000 |
| Lexington Ave & East 41st Street | $ 46 | 6,900 | $ 26,565 |
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,500/mo | $ 1,500/mo | $ 1,000/mo |
| Interior office/person | $ 1,500/mo | $ 1,000/mo | $ 700/mo |
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Media Bistro Testimonial
489 Fifth Avenue
Situated in the vibrant Grand Central district of Manhattan, the office building at 489 Fifth Avenue provides a variety of rental and leasing options for individuals seeking office spaces. While we do not currently offer coworking arrangements, our services are completely free and dedicated to helping clients find the best deals. Our team specializes in negotiating lease terms on behalf of our clients.
Covering a spacious 175,454 square feet, this office space was built in 1970 and falls under the Class B category. It is located in the 10017 zip code and has easy access to various fiber connectivity options including Verizon New York, Lightower, Level 3 Communications, Cablevision/Lightpath & Everest Broadband. Our rental options range from small to large spaces to accommodate the specific needs of our clients.
Based on current market trends, the average office rent for this location is estimated to be $66.0 per square foot in 2021 and $69.0 per square foot in 2022. Additionally, our building offers convenient proximity to multiple subway stations including 5 Avenue-Bryant Park, 42 Street-Bryant Park, Grand Central-42 Street, Times Square-42 Street, and 47-50 Streets-Rockefeller Center subway stations.
Covering a spacious 175,454 square feet, this office space was built in 1970 and falls under the Class B category. It is located in the 10017 zip code and has easy access to various fiber connectivity options including Verizon New York, Lightower, Level 3 Communications, Cablevision/Lightpath & Everest Broadband. Our rental options range from small to large spaces to accommodate the specific needs of our clients.
Based on current market trends, the average office rent for this location is estimated to be $66.0 per square foot in 2021 and $69.0 per square foot in 2022. Additionally, our building offers convenient proximity to multiple subway stations including 5 Avenue-Bryant Park, 42 Street-Bryant Park, Grand Central-42 Street, Times Square-42 Street, and 47-50 Streets-Rockefeller Center subway stations.
489 Fifth Avenue Property Overview
| Bulding Address: | 489 Fifth Ave |
| Building Alternate address(es): | 489 5th Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 34 |
| Year Built: | 1970 |
| Building Class: | B |
| Block & lot: | 01276-0004 |
Map Location
Internet Providers at 489 Fifth Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| 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 |
| Everest Broadband | Fiber | 1 Gb/s | 25 Mb/s |
Office Tenants Rented / Leased 489 Fifth Avenue
- Stibbe PC leased 4,988 SF
- Black & Veatch leased 4,855 SF
- Inverness Management leased 4,600 SF
- Novations Group leased 4,600 SF
- CBSSportsline.com leased 4,600 SF
- Peel Hunt leased 4,988 SF
- Gainor Staffing & Consult… leased 4,288 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- PricewaterhouseCoopers leased 800,000 SF at 300 Madison Ave
- group of family trusts leased 160,000 SF at 511 Fifth Avenue
- 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
- 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
- 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
- 4Food leased 2,800 SF at 286 Madison Ave
- Chipotle Mexican Grill leased 2,600 SF at 500 Fifth Ave
- Cosmetics 501 Corportation leased 1,520 SF at 501 Fifth Ave
Office Rent 489 Fifth Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 72.0 |
| 2019 | 90.0 |
| 2021 | 66.0 |
| 2022 | 69.0 |
| Year | $ / SF |
|---|---|
| 2020 | 55.0 |
| 2022 | 70.0 |
| 2023 | 68.25 |
