Fifth Avenue Office Space
For Lease
Contact for pricing
385 5th Ave, New York, NY
Recently renovated office space in Midtown Manhattan near transportation hubs.
Space Size2,400 SF
Lot Size0.16 Acres
Days on Market1024
Property Features for 385 5th Ave
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.16 Acres
Property subtype
OFFICE
Spaces For Lease
at 385 5th Ave Contact us- Floor
- 16
- Size
- 2,400 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
385 5th Ave $50/SF/Yr
- 385 Fifth Avenue features a new lobby, elevators and windows.
- A beautiful corner...
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Contact us
Listing Agency:
Adams & Company
(917) 326-5532
Listed By:
Jeff Buslik
Source:
Moodyscre
Added: Oct 25, 2023
Changed: Aug 8
Last Checked: Aug 13 at 4:34AM
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 Adams & Company
Investment Insights
Based on property information with market context.
Located on Fifth Avenue and 36th Street, 385 Fifth Avenue is a 16-story building constructed in 1929, comprising 32 units. The building benefits from its location, offering convenient access to both Grand Central and Penn Station. The property features a newly renovated lobby, elevators, and windows. The available office space, approximately 1950 square feet, has been recently white boxed and includes polished concrete floors, column-free space, new LED lighting, open ceilings, and windows on three sides. Security guard service is provided seven days a week, with access from 7 am to 11 pm Monday through Friday, 8 am to 8 pm on Saturdays, and 8 am to 5 pm on Sundays. Code access is available to enter the building outside of security hours.
Key Highlights
- Prime Midtown Location: Corner building on Fifth Avenue and 36th Street, convenient to Grand Central and Penn Station.
- Modernized Interiors: Recently white boxed with polished concrete floors, column‑free space, new LED lighting, and open ceilings.
- Abundant Natural Light: Features 3 sides of windows.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for New York, NY
$47.92 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,508 SF
Avg Space Size
This space is priced 4% above the average of $47.92 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Recently renovated office space in Midtown Manhattan near transportation hubs.
Where is this office units located?
The property is located at 385 5th Ave New York, NY.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Prime Midtown Location: Corner building on Fifth Avenue and 36th Street, convenient to Grand Central and Penn Station.; Modernized Interiors: Recently white boxed with polished concrete floors, column‑free space, new LED lighting, and open ceilings.; Abundant Natural Light: Features 3 sides of windows.
