420 5th Ave, New York, NY 10018

Listing office Midtown Commercial Real Estate Show Phone

Listing date Jun 19, 2026

Source Crexi

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Overview

This turnkey retail condo is situated in the lobby of a 30-story, 540,000-square-foot, Class A office building. The offering is designed for immediate occupancy, with the retail space located at the primary entry level within the building.

Located at 420 5th Ave in Midtown Manhattan, the property is described as being near the Empire State Building. Herald Square is approximately three blocks away and includes major retail tenants such as Macy’s, providing a strong daytime retail environment for shoppers and building visitors.

The location in an office-building lobby can make this space well-suited for retailers that benefit from walk-in traffic generated by daily building activity. As a retail condo, the unit offers an owner-controlled format that can appeal to operators seeking a straightforward, ready-to-use setup in a prominent Midtown office asset.

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New York

County

New York

State

New York

Longitude

-73.9831235

Latitude

40.750729

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FAQs

What type of property is this?

Retail space - Turnkey retail condo positioned in the lobby of a Class A office building for convenient Midtown access.

Where is this retail space located?

The property is located at 420 5th Ave New York, NY.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Turnkey retail condo positioned in the lobby of a Class A office building; Located in a 30‑story, 540,000 SF Class A office building; Midtown Manhattan near the Empire State Building