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Office Building with Bryant Park Views
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461 5th Ave, New York, NY 10017

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

Property Size6,097 SF
Days on Market849

Property Features for 461 5th Ave

General Information

Standard status Active
Size 6,097 SF
Property subtype OFFICE
Listing Agency: SL Green Realty Corp - Corporate
Listed By: Larry Swiger
Source: Moodyscre
Added: Apr 3, 2024 Changed: Jul 30 Last Checked: Jul 30 at 2:41PM

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

Current Use

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

Suggested Use

Top Pick Law Firm Accounting Firm Hair Salon Nursing Home Nail Salon Barber Shop

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

94,721
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

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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
(212) 216-1628 Call to check price and availability
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