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Retail Space
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401 5th Ave, New York, NY 10016

Retail space with prominent Fifth Avenue exposure and close access to major Manhattan transit and landmarks.

Property Size11,023 SF
Days on Market764

Property Features for 401 5th Ave

General Information

Standard status Active
Size 11,023 SF
Property subtype RETAIL
Listing Agency: RTL Partners, LLC
Listed By: Lee Block
Source: Moodyscre
Added: Jun 27, 2024 Changed: Jul 29 Last Checked: Jul 30 at 12:30PM

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 RTL Partners, LLC

Investment Insights

Based on property information with market context.

This retail space offers premier Fifth Avenue exposure and benefits from a highly walkable Midtown location. The property size is 11,023 square feet, providing a substantial footprint for retail use.

The address is 401 5th Ave, New York, NY 10016. The property is steps from The Empire State Building, Herald Square, Bryant Park, and Grand Central, placing it near major destinations for foot traffic and daytime activity.

With its strong corridor exposure and proximity to prominent Midtown landmarks, this space is positioned for retailers seeking a central, visibility-driven setting.

Key Highlights

  • Premier Fifth Avenue exposure
  • 11,023 SF retail space
  • Steps from The Empire State Building

Property Analytics

Current Use

Nep Studios Film Production NEP Image Group Film Production Tiffany and Company Building Tour Operator Arya Ramesh MD Physician Hunan Fifth Ave Restaurant

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Locksmith Parking Lot & Garage Plumbing Service

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

101,253
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with prominent Fifth Avenue exposure and close access to major Manhattan transit and landmarks.
Where is this retail space located?
The property is located at 401 5th Ave New York, NY.
What are key features of this property?
This property features: Premier Fifth Avenue exposure; 11,023 SF retail space; Steps from The Empire State Building
(212) 792-2649 Call to check price and availability
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