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GRND Penn Plaza Office Space
For Lease
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312 5th Ave, New York, NY 10001

Office space available for rent in GRND Penn Plaza.

Space Size2,500 SF
Property Size15,651 SF
Days on Market168

Property Features for 312 5th Ave

General Information

Standard status Active
Size 2,500 SF
Class C
Property subtype Office

Building Details

Building Size 15,651 SF
Year Built 1920
Tenancy Multiple

Spaces For Lease

at 312 5th Ave Contact us

Ground Floor

Size
2,500 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Lee & Associates - New York
Listed By: Olivia Hwang · License #NY 10401290122
Source: Crexi
Added: Mar 7 Changed: Aug 9 Last Checked: Aug 22 at 4:10AM

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 Lee & Associates - New York

Investment Insights

Based on property information with market context.

Located within the GRND Penn Plaza/Garment submarket, this commercial real estate offers office spaces for rent. The property is suitable for office buildings and various commercial real estate purposes.

Key Highlights

  • Entire grnd penn plaza/garment submarket
  • Year built: 1920
  • Factual aspect

Property Analytics

Current Use

Ronsco Inc. Hardware & Home Improvement Beut Restaurant Check A Nanny Daycare Center Gopchang Story BBQ ... Korean Barbecue Restaurant Coco Beauty Plex Nail Salon

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

84,203
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office space available for rent in GRND Penn Plaza.
Where is this office building located?
The property is located at 312 5th Ave New York, NY.
What are key features of this property?
This property features: Entire grnd penn plaza/garment submarket; Year built: 1920; Factual aspect
(212) 776-1238 Call to check price and availability
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