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    500 5Th Ave New York, NY 10110

    For Lease
    $92 SF/Yr

    Prime office space for rent in a 59-story building.

    Property size:
    3,630 SF
    Lot size:
    0.48 Acres

    Property Features for 500 5Th Ave

    General Information

    Size
    3,630 SF
    Lot size
    0.48 Acres

    Source: Cushman & Wakefield | Midtown Manhattan Agent Harry Blair

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

    Overview

    Fifth Avenue Office Space Available

    This property features office space available for rent within a 59-story structure constructed in 1938. The building encompasses approximately 600,813 rentable square feet. The available space measures 3,630 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dover Corporation Manufacturer Corigin Management Property Management Company Dr. Jennifer L. ... Family Practice Physician SLC Management Inc Corporate Office Centurion Realty Real Estate Developer

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Daycare Center Auto Repair Shop Gym & Fitness

    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
    -73.9808886
    Latitude
    40.7538015

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    FAQs

    What type of property is this?
    Office space - Prime office space for rent in a 59-story building.
    Where is this office space located?
    The property is located at 500 5Th Ave New York, NY.
    What is the lease rate?
    The lease rate is $92 SF/Yr.
    What are key features of this property?
    This property features: - 59-story structure; - Approximately 600,813 rentable square feet; - Built in 1938
    (212) 841-7500
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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
    500 5Th Ave New York, NY 10110
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