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    420 5Th Ave New York, NY 10018

    For Sale
    $26,480,050

    Efficient office space with excellent light and air.

    Property size:
    31,153 SF
    Lot size:
    0.67 Acres

    Property Features for 420 5Th Ave

    General Information

    Size
    31,153 SF
    Lot size
    0.67 Acres

    Source: Rudder Property Group Agent Michael Rudder

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

    Overview

    Class A Office Condominium

    This Class A office condominium features a highly efficient center-core layout with excellent column-spacing and 12’ 10” slab-to-slab ceiling heights. The space benefits from three sides of floor-to-ceiling windows, providing excellent light and air. Currently occupied by Major League Soccer, the floors have a first-class office installation. The building is the only Class A office condominium on Fifth Avenue and is in close proximity to Grand Central, Port Authority, and Penn Station. The property boasts a prestigious owner roster including Luxottica, Helaba Bank, Mediterranean Shipping Company, Girl Scouts of America and The Rockefeller Foundation. It features a dramatic contemporary two-story lobby, attended 24/7, modern building systems, and first-class management. The building is adjacent to Amazon’s new NYC headquarters. The available space measures 31153 square feet. The floors can be sold individually or combined.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hatch Store Berkshire Accessories Importer VXN WORKOUT NYC Physical Fitness Program World Foundation for Girl ... Association / Organization UPS Access Point ... Shipping And Mailing Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon 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
    -73.9831235
    Latitude
    40.750729

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    FAQs

    What type of property is this?
    Office space - Efficient office space with excellent light and air.
    Where is this office space located?
    The property is located at 420 5Th Ave New York, NY.
    What is the asking price?
    The asking price for this property is $26,480,050.
    What are key features of this property?
    This property features: - Only Class A office condominium on Fifth Avenue; - Three sides of floor-to-ceiling windows providing excellent light and air; - Prestigious owner roster including Luxottica, Helaba Bank, Mediterranean Shipping Company, Girl Scouts of America and The Rockefeller Foundation
    (646) 483-2203
    Request Owner's contact information
    420 5Th Ave New York, NY 10018
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    New York, NY 10018
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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
    420 5Th Ave New York, NY 10018
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