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Corner Retail Space with High Visibility
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485 5th Ave, New York, NY 10017

Retail corner on 5th Avenue across from NYPL, with an option to lease a finished second-floor space.

Property Size8,000 SF
Days on Market106

Property Features for 485 5th Ave

General Information

Standard status Active
Size 8,000 SF
Property subtype RETAIL
Listing Agency: RIPCO Real Estate - Corporate
Listed By: Beth Rosen
Source: Moodyscre
Added: Apr 16 Changed: Jul 30 Last Checked: Jul 30 at 8:16PM

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 RIPCO Real Estate - Corporate

Investment Insights

Based on property information with market context.

This retail corner on 5th Avenue offers prominent street-level presence, with a positioning across from NYPL. The available configuration includes an option to lease 8,000+ SF of second-floor space.

The second-floor space is described as beautifully finished and is well-suited for retailers seeking strong visual exposure along 5th Avenue. The property also presents billboard-like signage opportunities, supporting brands that benefit from large-format visibility.

This offering is aligned for tenants looking for a high-visibility retail location with flexible space to occupy the second floor.

Key Highlights

  • Powerful retail corner on 5th Avenue across from NYPL
  • Option to lease 8,000+ SF second‑floor retail space
  • Second‑floor space described as beautifully finished

Property Analytics

Current Use

On Off Digital World Electronics & Wireless Store Starbucks Cafe & Coffee Shop The Bar Downstairs and Kitchen Bar & Pub Feivish Contracting Co ... Construction Company Jonathon Henke LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Buffet Locksmith (Bike/Boat/Book/etc) Store 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

94,721
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail corner on 5th Avenue across from NYPL, with an option to lease a finished second-floor space.
Where is this retail space located?
The property is located at 485 5th Ave New York, NY.
What are key features of this property?
This property features: Powerful retail corner on 5th Avenue across from NYPL; Option to lease 8,000+ SF second‑floor retail space; Second‑floor space described as beautifully finished
(212) 750-6565 Call to check price and availability
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