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Build-to-Suit Office Units

347 5th Ave, New York, NY 10016

For Lease
Contact for pricing

Multiple floors are available in a 24/7 attended building with three passenger elevators.

Space SizeContact for details
Property Size107,637 SF
Days on Market55

Property Features for 347 5th Ave

General Information

Standard status Active
Size 107,637 SF
Net Rentable 107,637 SF
Class B
Elevators Yes
Property subtype Office

Site & Location

Neighborhood Midtown Manhattan
Public Transit Yes

Additional Details

Space Use Office

Amenities

24/7 attended lobby

Building Details

Stories 17
Building Size 107,637 SF

Spaces For Lease

at 347 5th Ave
#1 Active
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Listing Agency: RI Manhattan Realty
Listed By: Robert Isaacs
Source: Crexi
Added: Sep 17 Changed: Nov 8 Last Checked: Nov 8 at 6:10PM

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 RI Manhattan Realty

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Investment Insights

Based on property information with market context.

Office space is available across multiple floors in a 17-story Class B building with 107,637 rentable square feet. The landlord can build out space to tenant requirements. Building features include a lobby attended around the clock and three passenger elevators.

At 347 5th Avenue in Midtown Manhattan, the property is across from the Empire State Building and near the cross streets of East 34th and East 33rd Streets. Multiple public transportation lines serve the area.

Key Highlights

  • 17‑story Class B office building with 107,637 rentable square feet
  • Multiple floors available; build‑to‑suit option offered
  • 24/7 attended lobby and three passenger elevators

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Perretti Photography LLC Photography Service New Tech Cabling Telecommunications Service Leilani Kali Rivers, ... Law Firm Bradley Alan Imports Brewery & Distillery Benlolo Jewelry studio (Bike/Boat/Book/etc) Store

Suggested Use

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

96,059
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,698 SF
Avg Space Size

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Multiple floors are available in a 24/7 attended building with three passenger elevators.
Where is this office unit located?
The property is located at 347 5th Ave New York, NY.
What are key features of this property?
This property features: 17‑story Class B office building with 107,637 rentable square feet; Multiple floors available; build‑to‑suit option offered; 24/7 attended lobby and three passenger elevators
(917) 346-6517 Call to check price and availability
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