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Office Suite with Open Workstations
For Lease
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5 E 47th St, New York, NY 10017

Office suite offers a large open workstation layout with glass office fronts, hardwood floors, and a full wet pantry.

Property Size2,500 SF
Days on Market572

Property Features for 5 E 47th St

General Information

Standard status Active
Size 2,500 SF
Property subtype OFFICE

Amenities

copy machine areas
full wet pantry
Listing Agency: Walter & Samuels, Inc.
Listed By: Justin Gentile
Source: Moodyscre
Added: Jan 7, 2025 Changed: Jul 26 Last Checked: Aug 1 at 2:22PM

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 Walter & Samuels, Inc.

Investment Insights

Based on property information with market context.

This office suite is offered for lease and includes approximately 2,500 RSF of workspace. The interior features a large open workstation area, hardwood floors, and glass office fronts on the second floor. It also includes copy machine areas and a full wet pantry.

The building is serviced by brand new elevators installed July 1, 2021. New furniture is available and can be made available with the suite.

The space is configured for day-to-day office use with an open workstation arrangement and enclosed glass-front offices, supported by dedicated pantry and support areas.

Key Highlights

  • 2,500 RSF office suite with a large open workstation layout
  • Glass office fronts located on the 2nd floor
  • Hardwood floors throughout

Property Analytics

Current Use

Just Add Water, ... Video Editing Service Sea Wave Diamonds (Bike/Boat/Book/etc) Store Mixopolis Recording Studio Brick Burger Restaurant Hosting The Holidays (Bike/Boat/Book/etc) Store

Suggested Use

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

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

87,472
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 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 - Office suite offers a large open workstation layout with glass office fronts, hardwood floors, and a full wet pantry.
Where is this office units located?
The property is located at 5 E 47th St New York, NY.
What are key features of this property?
This property features: 2,500 RSF office suite with a large open workstation layout; Glass office fronts located on the 2nd floor; Hardwood floors throughout
(212) 696-7174 Call to check price and availability
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