Listing Agency: CBRE | Midtown Manhattan p***@cbre.com Show Phone

Listed By: Paul Amrich Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 22 at 8:55AM

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Investment Insights

Based on property information with market context.

This office space is available for rent, situated on 5th Avenue, between 45th and 46th Streets. The property offers 11,892 square feet of space suitable for office use.

Key Highlights

• Location between 45th and 46th Street

Property Analytics

Property Profile

Current Use

SPP Capital Partners Bank Bank of America Financial ... Bank Milbon USA Inc Industrial Manufacturer Vertoe Storage Facility Bank of America ATM Atm

Suggested Use

Top Pick Pet Grooming Service Nursing Home Adult Day Care Buffet Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

94,218

Businesses Nearby

Explore this area Business Placement

Demographics for 10036, NY

33,868

Population

22,473

Households

1.5

Avg Household Size

37

Median Age

69%

College-Educated

93%

High-School Grad

0.4 sq mi

ZIP Area

84,670

Density / Sq Mi

$100,225

Median Household Income

$86,122

Median Earnings

$2,301

Median Rent

$988,000

Median Home Value

Market

Lease Benchmarks for New York, NY

$46.54 /SF/Yr

Avg Asking Price

$11.91–$109 /SF/Yr

Price Range

12,523 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for rent on 5th Avenue.

Where is this office units located?

The property is located at 550 5th Avenue New York, NY.

What are key features of this property?

This property features: Location between 45th and 46th Street