509 Fifth Avenue
Class: C + 10017 Buildings Grand Central
Direct Office Spaces for 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 | ||
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Sublease 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 Office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & West 42nd Street | $ 68 | 8,700 | $ 49,590 |
| Fifth Ave & East 42nd Street | $ 67 | 10,800 | $ 59,850 |
| Fifth Ave & East 44th Street | $ 87 | 6,000 | $ 43,500 |
| 5th Ave & East 44th Street | $ 58 | 12,600 | $ 60,847 |
| Fifth Ave & East 42nd Street | $ 60 | 7,100 | $ 35,500 |
| Fifth Ave & West 43rd Street | $ 72 | 11,800 | $ 70,529 |
| Fifth Ave & East 41st Street | $ 69 | 5,800 | $ 33,350 |
| Madison Ave & East 42nd Street | $ 79 | 5,000 | $ 32,916 |
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
None
None
Medical Spaces for Rent
None
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509 Fifth Avenue
509 Fifth Avenue is a 12-story office building located in the Grand Central neighborhood of Manhattan. Further information on rent, lease office 509 Fifth Avenue includes the following. 509 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 509 Fifth Avenue is 10017. 509 Fifth Avenue contains 46,844 square feet of office space for rent. The office space is rated Class C. Construction of 509 Fifth Avenue finished in 1916. Small, medium and large options for rent office 509 Fifth Avenue are available. In addition to nearby office building lease options, sublease 509 Fifth Avenue options may be provided as well.
We can get you the best deals on coworking. No Fee. We negotiate to get you the best deals.The Zip Code for 509 Fifth Avenue is 10017. 509 Fifth Avenue contains 46,844 square feet of office space for rent. The office space is rated Class C. Construction of 509 Fifth Avenue finished in 1916. Small, medium and large options for rent office 509 Fifth Avenue are available. In addition to nearby office building lease options, sublease 509 Fifth Avenue options may be provided as well.
509 Fifth Avenue Property Overview
| Bulding Address: | 509 Fifth Ave |
| Building Alternate address: | 509 5th Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1916 |
| Building Class: | C |
| Block & lot: | 01277-0072 |
Map Location
Office Tenants Rented / Leased 509 Fifth Avenue
Retail Tenants Rented / Leased 509 Fifth Avenue
- Vhayu Technologies Corp. leased 4,978 SF
- Chabad of Midtown Manh… leased 4,346 SF
- Skechers leased 4,346 SF
Retail Tenants Rented / Leased 509 Fifth Avenue
- Skechers leased 3,500 SF
- Bakers Footwear leased 5,842 SF
- Kira Plastinina leased 7,947 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- PricewaterhouseCoopers leased 800,000 SF at 300 Madison Ave
- Morgan Stanley leased 550,000 SF at 522 Fifth Ave
- group of family trusts leased 160,000 SF at 511 Fifth Avenue
- Vince leased 33,000 SF at 500 Fifth Ave
- American Capital Strategies leased 32,600 SF at 505 Fifth Ave
- International Federation of Accountants leased 24,962 SF at 529 Fifth Ave
- RKF leased 20,987 SF at 521 Fifth Ave
- Daikin U.S. Corporation leased 7,671 SF at 475 Fifth Ave
- vFinance Inc. leased 6,890 SF at 330 Madison Ave
- Novations Group leased 4,600 SF at 489 Fifth Ave
- Zenkyoren Asset Management of America leased 4,115 SF at 340 Madison Ave
- Lifesource Chiropractic leased 2,526 SF at 535 Fifth Ave
- Weather Underground leased 1,664 SF at 501 Fifth Ave
Nearby Retail Tenants Leased
- Urban Outfitters leased 32,000 SF at 521 Fifth Ave
- Best Buy leased 28,840 SF at 529 Fifth Ave
- Muji leased 15,500 SF at 475 Fifth Ave
- Joe Fresh leased 15,000 SF at 510 Fifth Ave
- FILA leased 4,087 SF at 340 Madison Ave
- Zero Halliburton Luggage leased 3,900 SF at 300 Madison Ave
- Chipotle Mexican Grill leased 2,600 SF at 500 Fifth Ave
- Cosmetics 501 Corportation leased 1,520 SF at 501 Fifth Ave
Innisfree Mergers and Acquisitions 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!
