500 Fifth Avenue, located in the bustling Times Square area of Manhattan, is an impressive 58-story office building. It offers Class A-rated office space for rent, suitable for businesses of all sizes. Constructed in 1938, this building provides a variety of customizable office options, totaling 687,565 square feet. Tenants have the flexibility to select from multiple fiber providers, including Lightower, Level 3 Communications, Cablevision/Lightpath, Cogent Communications, tw telecom, and Stealth Communications.
Currently, notable tenants such as Vince, W.W. Norton & Company, and Kleinberg, Kaplan, Wolff occupy 500 Fifth Avenue. While on-site amenities and coworking options are not available at the moment, Optimal Spaces can assist in finding the best coworking deals without any extra charges.
Transportation options around 500 Fifth Avenue are abundant due to its strategic location. The 5 Avenue-Bryant Park Subway Station, which provides access to the 7 train lines, is just a minute's walk away. Additionally, the B, D, F, M train lines and the 42 Street-Bryant Park Subway Station can be reached within a five-minute walk. Other nearby subway lines, such as the 4, 42 St Shuttle, 5, 6, 7 train lines and the Grand Central-42 Street Subway Station, or the 1, 2, 3, 42 St Shuttle, 7, N, Q, R train lines and the Times Square-42 Street Subway Station, are within an eight to ten-minute walk. Sublease options may also be available for 500 Fifth Avenue.
When considering leasing office space at 500 Fifth Avenue, it's important to note that the average office rent per square foot increased from $78.00 in 2021 to $82.00 in 2022, following market trends. With its prime location and diverse range of amenities, 500 Fifth Avenue is an excellent opportunity for businesses looking to establish a prestigious presence in New York City.
500 Fifth Avenue Property Overview
Bulding Address: | 500 Fifth Ave |
Bulding Name: | 500 Fifth Avenue |
Building Alternate address(es): | 500 5th Ave |
Zip Code: | 10110 |
Neighborhood: | Times Square |
Borough: | Manhattan |
Stories: | 58 |
Year Built: | 1938 |
Building Class: | A |
Block & lot: | 01258-0034 |
Internet Providers at 500 Fifth Avenue
Internet Provider | Technology | Max Download Speed | Max Upload Speed |
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 |
Cogent Communications |
Fiber |
10 Gb/s |
10 Gb/s |
tw telecom |
Fiber |
10 Gb/s |
10 Gb/s |
Stealth Communications |
Fiber |
10 Gb/s |
10 Gb/s |
Office Tenants Rented / Leased 500 Fifth Avenue- Vince leased 33,000 SF
- Kanematsu leased 10,914 SF
- Forward Insight Commodities leased 1,224 SF
- New Vision Communications Corp. leased 2,050 SF
- Argus Media Inc. leased 4,538 SF
- Consulate General of Ecuador leased 3,093 SF
- Computer Design & Integ… leased 5,356 SF
Retail Tenants Rented / Leased 500 Fifth Avenue- Zara leased 21,634 SF
- Chipotle Mexican Grill leased 2,600 SF
Nearby Office Tenants Leased- PricewaterhouseCoopers leased 800,000 SF at 300 Madison Ave
- group of family trusts leased 160,000 SF at 511 Fifth Avenue
- American Capital Strategies leased 32,600 SF at 505 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
- 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
- Kira Plastinina leased 7,947 SF at 509 Fifth Ave
- Zero Halliburton Luggage leased 3,900 SF at 300 Madison Ave
- Cosmetics 501 Corportation leased 1,520 SF at 501 Fifth Ave