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    85 5Th Ave New York, NY 10003

    For Lease
    Contact for pricing

    Newly constructed office space with flexible terms and abundant natural light.

    Property size:
    8,500 SF
    Lot size:
    0.21 Acres

    Property Features for 85 5Th Ave

    General Information

    Size
    8,500 SF
    Lot size
    0.21 Acres

    Source: Lee & Associates | New York City Agent Woody King

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

    Overview

    Move-in Ready Office Space

    This is a newly constructed, move-in ready office space. The property features flexible terms and construction options. Natural light fills the space from its location on Fifth Avenue and 16th Street. The wide-open layout includes built-in workstations. All uses are considered for this property. It is situated on Lower Fifth Avenue, near Union Square and Washington Square Park. The property offers 8,500 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wigdor LLP Law Firm Inclan Jaime MD Psychologist NYC Psychotherapist Life Coach VSM Productions Video Production Service Moran Mary Psychologist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    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
    -73.9924317
    Latitude
    40.7373518

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    FAQs

    What type of property is this?
    Office space - Newly constructed office space with flexible terms and abundant natural light.
    Where is this office space located?
    The property is located at 85 5Th Ave New York, NY.
    What are key features of this property?
    This property features: - Move-in ready, newly constructed space; - Located on Lower Fifth Avenue, near Union Square & Washington Square Park; - Amazing natural light floods this space
    (240) 476-7507
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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
    85 5Th Ave New York, NY 10003
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