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461 5th Ave

Floor

11

Size

6,097 SF

Type

OFFICE

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Located on Fifth Avenue directly across from the New York Public Library and overlooking... Bryant Park, 461 Fifth Avenue offers a truly stunning setting for firms seeking a full-floor presence in a boutique office building. Designed by world-renowned architects Skidmore, Owings & Merrill, the building’s elegant architectural form respects the great tradition and stature of Fifth Avenue buildings while making its own dramatic contemporary statement. A full renovation was completed in 2018, which includes a soaring new marble and stone entrance plaza that makes a powerful statement day or night, with dramatic lighting and signature artwork. The new expansive marble and wood lobby, and all new elevators enhance the efficiency and the welcoming experience for all tenants and their guests. With column-free tower floors and ultra-efficient side core floor plates, 461 Fifth offers absolute flexibility in office fit-out. Within walking distance of both Grand Central Terminal and Penn Station, the property also received a Building Owners and Managers Association (BOMA) Award. 461 Fifth Avenue is the perfect statement address for any business. - One of the most important Postmodern buildings in New York, 461 Fifth Avenue was the creation of Raul de Armas, the Cuban-born American architect, during his years with Skidmore, Owings & Merrill. Now a principal and co-founder of the firm Moed, de Armas & Shannon, de Armas has designed major office buildings around the world with 461 Fifth as one of his triumphs. His design for the building incorporates the classic setback structure of a tower rising from a thoughtfully detailed base. A curved bay addresses the entrance corner while unique cross-braces incorporating a stylized pediment element frame the tower, echoing both cast iron and Beaux Arts designs elsewhere in the city. Pre-cast concrete lends the appearance of limestone and the whole is capped off by a green copper mansard roof. The result is a synthesis of Classical and Expressionistic influences and a design that feels at once traditional and futuristic. - In addition to its architectural excellence, 461 Fifth Avenue is one of the first major buildings to be erected after WWII on Fifth Avenue below 42nd Street. Completed in 1988, the year that Bryant Park began a four-year restoration, the tower is credited with stimulating construction in the area and helping reinvent the district as a desirable office location. As an ever-growing number of excellent dining and shopping options surround Bryant Park the timeless design of 461 Fifth remains a striking presence overlooking one of the city’s most desirable districts. - Convenient to Grand Central Terminal and Penn Station - White glove service - Overlooking Bryant Park - New lobby - New elevator - New plaza - Efficient side core floor plates - Column free tower floors - Tenant-controlled air conditioning - 12'6" slab height - Full floor opportunity, Bryant Park views

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Listing Agency: SL Green Realty Corp - Corporate Show Phone

Listed By: Larry Swiger Show Phone

Source: Moodyscre

Added: Apr 3, 2024 Changed: Sep 11 Last Checked: Sep 13 at 6:56AM

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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 SL Green Realty Corp - Corporate

Investment Insights

Based on property information with market context.

461 Fifth Avenue is a boutique postmodern office building offering a full-floor presence with column-free tower floors and ultra-efficient side core floor plates designed for office fit-out flexibility. Tenant-controlled air conditioning supports day-to-day control for each space, and the property includes a 12'6" slab height.

Completed in 1988 and designed by Skidmore, Owings & Merrill with architecture credited to Raul de Armas, the building is positioned on Fifth Avenue across from the New York Public Library and overlooking Bryant Park. A full renovation completed in 2018 refreshed the arrival experience with a marble and stone entrance plaza, an expanded marble and wood lobby, and new elevators, supporting an efficient and welcoming tenant experience. White glove service is part of the building offering.

Convenient access includes walking distance to both Grand Central Terminal and Penn Station, and the building received a BOMA Award. Bryant Park views and a full-floor configuration make this a strong option for firms seeking an executive setting in Midtown Manhattan.

Key Highlights

• Overlooking Bryant Park with full‑floor office opportunity
• Renovation completed in 2018 with new lobby, new elevators, and marble and stone entrance plaza
• Completed in 1988 and designed by Skidmore, Owings & Merrill

Property Analytics

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Current Use

IBID Foreign Consulate Redburn Atlantic Financial Advisor Ethiopia Education Initiatives Charitable Organization The Cogsville Group, LLC Construction Company

Suggested Use

Top Pick Pet Grooming Service Buffet Parking Lot & Garage Plumbing Service Electrical Service HVAC 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

7,969

Businesses Nearby

Explore this area Business Placement

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

$54.08 /SF/Yr

Avg Asking Price

$37–$79 /SF/Yr

Price Range

36,348 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 building - Full-floor office opportunity in a postmodern building with tenant-controlled air conditioning and newly renovated common areas.

Where is this office building located?

The property is located at 461 5th Ave New York, NY.

What are key features of this property?

This property features: Overlooking Bryant Park with full‑floor office opportunity; Renovation completed in 2018 with new lobby, new elevators, and marble and stone entrance plaza; Completed in 1988 and designed by Skidmore, Owings & Merrill