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    689 5Th Ave New York, NY 10022

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    For Lease
    Contact for pricing

    Internationally recognized shopping destination with recent capital improvements.

    Property size:
    1,492 SF
    Lot size:
    0.16 Acres

    Property Features for 689 5Th Ave

    General Information

    Size
    1,492 SF
    Lot size
    0.16 Acres

    Source: Vornado Realty Trust - Corporate Agent Edward Hogan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space on Fifth

    The property at 689 5th Avenue is an internationally recognized shopping destination. It has recently completed a capital improvement program. The improvements included new retail storefront replacement featuring a limestone and granite facade with bronze storefront framing and insulated glass window displays. The building has 150 feet of prime frontage on Manhattan's most popular shopping avenue. The property offers 1492 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Yamaha Artist Services Entertainment Agency Salon A.K.S Hair Salon Carlton Fine Arts ... Art Gallery Canada Goose 5TH ... Clothing Store Questar Corporation Advisors Financial Planner

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Dental Office Building Supply Daycare Center Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9751066
    Latitude
    40.7611028

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    FAQs

    What type of property is this?
    Retail space - Internationally recognized shopping destination with recent capital improvements.
    Where is this retail space located?
    The property is located at 689 5Th Ave New York, NY.
    What are key features of this property?
    This property features: - Prime Fifth Avenue frontage: Boasting 150 feet of highly visible frontage.; - Internationally recognized location: Previously home to Zara's first U.S. flagship and currently home to Canada Goose.; - Recent capital improvements: Newly renovated retail storefront with limestone and granite facade.
    (212) 894-7000
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    689 5Th Ave New York, NY 10022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    689 5Th Ave New York, NY 10022
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