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Renovated Office Units
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119 5th Avenue, New York, NY 10003

Updated common areas and round-the-clock access support flexible office operations.

Space SizeContact for details
Days on Market92

Property Features for 119 5th Avenue

General Information

Standard status Active
Elevators Yes
Property subtype Office

Amenities

renovated elevators
renovated lobby
separate entrance on East 19th Street
tenant controlled A/C
24 hour/7 day access
Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul Amrich
Source: Cbre
Added: Jun 3 Changed: Aug 30 Last Checked: Sep 1 at 4:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This 8,750-square-foot office property at 119 5th Avenue includes renovated elevators and a refreshed lobby. Office users also benefit from tenant-controlled air conditioning, allowing individual control of interior comfort.

A separate entrance is provided on East 19th Street, and the building offers 24-hour, 7-day access. The property is identified as office units and is available for rent.

Key Highlights

  • 8,750‑square‑foot office property
  • Renovated elevators and lobby
  • Separate entrance on East 19th Street

Property Analytics

Current Use

Ossenfort Production Post Film Production Dr. Jason B. ... Physician Daniel Belkin, MD Physician Hemlock Adam C Law Firm 119 5th Ave ... Real Estate Agency

Suggested Use

Top Pick Nursing Home Auto Parts Store Buffet Auto Repair Shop Pet Grooming Service Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

51,791
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$51.74 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,111 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Updated common areas and round-the-clock access support flexible office operations.
Where is this office units located?
The property is located at 119 5th Avenue New York, NY.
What are key features of this property?
This property features: 8,750‑square‑foot office property; Renovated elevators and lobby; Separate entrance on East 19th Street
More about this property
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