Flexible Office
For Lease
$8,999,999
85 5th Ave Unit 8, New York, NY 10003
Electric office space with three-zone HVAC, private bathrooms, high ceilings, and abundant natural light from oversized windows.
Space SizeContact for details
Days on Market30
Property Features for 85 5th Ave Unit 8
General Information
Standard status
Active
Property subtype
Commercial
Space & Availability
Divisible
Yes
Space Use
Office
Taxes and HOA fees
Annual Taxes
$216,480
Amenities
brand new electric baseboard heating
3 Zone HVAC
5 private bathrooms
11 ½ foot ceilings
oversized windows
Building Details
Year Built
1901
Stories
13
Units
13
Listing Agency:
Compass
(559) 638-3651
Listed By:
David Graff (david.graff@compass.com)
Source:
Edifyny
Added: Aug 1
Changed: Aug 30
Last Checked: Aug 30 at 12:36PM
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 Compass
Investment Insights
Based on property information with market context.
This 9,300-square-foot office unit at 85 Fifth Avenue occupies a prewar building completed in 1901. The space combines flexible proportions with strong daylight, oversized windows, and 11 ½-foot ceilings. Improvements include brand-new electric baseboard heating, three-zone HVAC, and five private bathrooms. The unit can be reconfigured or subdivided to support different workplace arrangements.
The property is positioned at the intersection of Union Square, Flatiron, and Greenwich Village in Manhattan. Ground-floor retail is anchored by the recently opened New York Flagship Nespresso Experience Store. The building is completely electric and carries an Energy Efficiency Grade of 97. The address is 85 5th Ave Unit 8, New York, NY 10003.
The property is positioned at the intersection of Union Square, Flatiron, and Greenwich Village in Manhattan. Ground-floor retail is anchored by the recently opened New York Flagship Nespresso Experience Store. The building is completely electric and carries an Energy Efficiency Grade of 97. The address is 85 5th Ave Unit 8, New York, NY 10003.
Key Highlights
- 9,300‑square‑foot office unit at 85 5th Ave Unit 8, New York, NY 10003
- 11 ½‑foot ceilings and oversized windows provide substantial natural light
- Brand‑new electric baseboard heating with 3 Zone HVAC
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
44,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 10003, NY
57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Market
Lease Benchmarks for New York, NY
$48.25 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,679 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Electric office space with three-zone HVAC, private bathrooms, high ceilings, and abundant natural light from oversized windows.
Where is this office units located?
The property is located at 85 5th Ave Unit 8 New York, NY.
What is the lease rate?
The lease rate is $8,999,999.
What are key features of this property?
This property features: 9,300‑square‑foot office unit at 85 5th Ave Unit 8, New York, NY 10003; 11 ½‑foot ceilings and oversized windows provide substantial natural light; Brand‑new electric baseboard heating with 3 Zone HVAC
