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    350 5Th Ave New York, NY 10118

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    For Lease
    Contact for pricing

    World-renowned retail location near major transportation hubs.

    Property size:
    15,087 SF
    Lot size:
    2.23 Acres

    Property Features for 350 5Th Ave

    General Information

    Size
    15,087 SF
    Lot size
    2.23 Acres

    Source: Empire State Realty Trust Agent Fred Posniak

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

    Overview

    Prime Retail Space Fifth Avenue

    This retail space is situated in a world-renowned location with close proximity to Penn Station, Grand Central Terminal, Port Authority Bus Terminal, 17 Subway lines, and the Times Square shuttle. The property features 18,806 square feet, including 3,417 square feet on the ground floor with 14-foot ceiling heights, and 15,389 square feet on the club level, also with 14-foot ceiling heights. The location benefits from approximately $2 billion in annual retail sales on 34th Street and has 5.7 million square feet of residential space within a 0.5-mile radius. The building has a blue-chip tenant roster, with over 15,600 workers present on a weekly basis.
    Location Intelligence

    Current Use by Public Records

    Citizen Watch Company ... Watch Manufacturer Vanguard Construction & Development ... Construction Company Amanda's Construction, LLC Contractor Envision IP, LLC Law Firm Vibby Video Editing Service

    Suggested Use

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

    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
    -73.9860288
    Latitude
    40.7488744

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    FAQs

    What type of property is this?
    Retail space - World-renowned retail location near major transportation hubs.
    Where is this retail space located?
    The property is located at 350 5Th Ave New York, NY.
    What are key features of this property?
    This property features: - World-renowned retail location, close to major transportation hubs.; - High foot traffic area with $2 Billion annual 34th Street retail sales.; - Significant residential density with 5.7MM square feet within 0.5 miles.
    (212) 687-8700
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    350 5Th Ave New York, NY 10118
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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
    350 5Th Ave New York, NY 10118
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