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High-Rise Office Building
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650 5th Ave, New York, NY 10019

A 36-story office building offering approximately 327,570 rentable square feet built in 1979.

Space SizeContact for details
Property Size11,289 SF
Days on Market659

Property Features for 650 5th Ave

General Information

Standard status Active
Size 11,289 SF
Property subtype OFFICE
Lease Type SF/yr

Building Details

Year Built 1979
Stories 36

Spaces For Lease

at 650 5th Ave Contact us

650 5th Ave $93/SF/Yr

Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Barry Zeller
Source: Moodyscre
Added: Oct 16, 2024 Changed: Jul 28 Last Checked: Aug 4 at 1:18PM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This for-rent property is a 36-story office building totaling approximately 327,570 rentable square feet. The structure was built in 1979.

Located at 650 5th Ave in New York, NY, the building provides a multi-story platform for office occupancy within a high-rise configuration.

With a total rentable footprint of approximately 327,570 square feet across 36 floors, the property supports a range of office layouts typical of large central office buildings.

Key Highlights

  • 36‑story office building
  • Approximately 327,570 rentable SF
  • Built in 1979

Property Analytics

Current Use

dream Bakery Revere Securities LLC Financial Advisor Tredway Construction Company Round Hill Music Media Distribution Rita's News Stand ... Publishing House

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Adult Day Care Nursing Home 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
$13.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

74,733
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size

This space is priced 45% above the average of $64.2 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A 36-story office building offering approximately 327,570 rentable square feet built in 1979.
Where is this office building located?
The property is located at 650 5th Ave New York, NY.
What is the lease rate?
The lease rate is $93 SF/Yr.
What are key features of this property?
This property features: 36‑story office building; Approximately 327,570 rentable SF; Built in 1979
(212) 841-5913 Call to check price and availability
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