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    581 5Th Ave New York, NY 10017

    For Lease
    Contact for pricing

    Office space in high-traffic Fifth Avenue location near Rockefeller Center.

    Property size:
    2,736 SF
    Lot size:
    0.09 Acres

    Property Features for 581 5Th Ave

    General Information

    Size
    2,736 SF
    Lot size
    0.09 Acres

    Source: Solil Management, LLC Agent Nicholas forelli

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

    Overview

    Prime Fifth Avenue Office Space

    This office space is located on Fifth Avenue, steps from Rockefeller Center, in an area with high foot traffic. The location provides convenient access to the B, D, F, M, E, S, 4, 5, 6, and 7 train lines. The property offers 2,736 square feet of space. Possession is arranged.
    Location Intelligence

    Current Use by Public Records

    Absolute Brilliance Jeweler Salvatore & Co Jeweler I Love NY ... Souvenir Store We Love Watches ... Watch Store Antwerp Diamond Distributors Jeweler

    Suggested Use

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

    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
    -73.9782606
    Latitude
    40.7567765

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    FAQs

    What type of property is this?
    Office space - Office space in high-traffic Fifth Avenue location near Rockefeller Center.
    Where is this office space located?
    The property is located at 581 5Th Ave New York, NY.
    What are key features of this property?
    This property features: - Ideal 5th Avenue location; - Steps from Rockefeller Center; - High foot traffic area
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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
    581 5Th Ave New York, NY 10017
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