Turnkey Retail Condo
For Sale
$20,249,450
420 Fifth Avenue, New York, NY 10018
Turnkey retail condo positioned in the lobby of a Class A office building for convenient Midtown access.
Property Size31,153 SF
Days on Market87
Property Features for 420 Fifth Avenue
General Information
Standard status
Active
Size
31,153 SF
Class
A
Property subtype
Office
Additional Details
Business Included
Yes
Building Details
Building Size
31,153 SF
Stories
30
Listing Agency:
Rudder Property Group
Listed By:
Michael Rudder · License #10491201687
(646) 483-2203
Source:
Commercialcafe
Added: Jun 22
Changed: Sep 15
Last Checked: Sep 16 at 12:14PM
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 Rudder Property Group
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
101,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
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 Fifth Avenue New York, NY.
What is the asking price?
The asking price for this property is $20,249,450.
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
