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Vacant Office Building on 5th

5 E 47th St, New York, NY

For Lease
Contact for pricing

Vacant building suitable for headquarters or residential conversion.

Space Size2,000 SF - 2,500 SF
Lot Size0.06 Acres
Days on Market673

Property Features for 5 E 47th St

General Information

Standard status Active
Size 2,000 SF - 2,500 SF
Lot size 0.06 Acres
Property subtype OFFICE

Site & Location

Neighborhood Midtown Manhattan

Spaces For Lease

at 5 E 47th St Contact us

5 E 47th St AVAILABLE, Now

Floor 1
Size 2,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 2,000 RSF - GF 2X sides of vented kitchen hoods - Large open area in the front - Steps away from Fifth Avenue - New building facade - Turnkey - Basement can be made available
Contact us

5 E 47th St AVAILABLE, Now

Floor 2
Size 2,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 2,500 RSF - Brand new elevators (July 1st, 2021) - Large open workstation - Hardwood floors - Glass office fronts (on 2nd floor) - New furniture (can be made available) - Copy machine areas - Full wet pantry
Contact us

5 E 47th St AVAILABLE, Now

Floor 3
Size 2,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 2,500 RSF - Brand new elevators (July 1st, 2021) - Large open workstation - Hardwood floors - Glass office fronts (on 2nd floor) - New furniture (can be made available) - Copy machine areas - Full wet pantry
Contact us

5 E 47th St AVAILABLE, Now

Floor 4
Size 2,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 2,500 RSF - Brand new elevators (July 1st, 2021) - Large open workstation - Hardwood floors - Glass office fronts (on 2nd floor) - New furniture (can be made available) - Copy machine areas - Full wet pantry
Contact us

5 E 47th St AVAILABLE, Now

Floor 5
Size 2,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 2,500 RSF - Brand new elevators (July 1st, 2021) - Large open workstation - Hardwood floors - Glass office fronts (on 2nd floor) - New furniture (can be made available) - Copy machine areas - Full wet pantry
Contact us

5 E 47th St AVAILABLE, Now

Floor 6
Size 2,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 2,500 RSF - Brand new elevators (July 1st, 2021) - Large open workstation - Hardwood floors - Glass office fronts (on 2nd floor) - New furniture (can be made available) - Copy machine areas - Full wet pantry
Contact us

5 E 47th St AVAILABLE, Now

Floor 7
Size 2,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 2,500 RSF - Brand new elevators (July 1st, 2021) - Large open workstation - Hardwood floors - Glass office fronts (on 2nd floor) - New furniture (can be made available) - Copy machine areas - Full wet pantry
Contact us
Listing Agency: Meridian Capital Group
Listed By: David Schechtman · License NY #10301211874
Source: Moodyscre
Added: Jan 7, 2025 Changed: Nov 3 Last Checked: Nov 8 at 5:48AM

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 Meridian Capital Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property is located directly off of 5th Avenue. The building will be delivered 100% vacant. It is suitable as a corporate headquarters. The building features a new elevator and column free office space with floor plates of 2,500 RSF. It is located in the C5-2.5 zoning district. The property allows for continued-use as a boutique office building or conversion to residential utilizing the valuable 16,095 SF of air rights. The property size is 14,025 square feet.

Key Highlights

  • 100% vacant flagship headquarters opportunity directly off 5th Avenue
  • Flexible C5‑2.5 zoning allows for boutique office or residential conversion
  • Benefit from 16,095 SF of air rights

Property Analytics

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

Current Use

Just Add Water, ... Video Editing Service Sea Wave Diamonds (Bike/Boat/Book/etc) Store Mixopolis Recording Studio Brick Burger Restaurant Hosting The Holidays (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Auto Parts Store Nursing Home Butcher Buffet Parking Lot & Garage

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

87,472
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$63.91 /SF/Yr
Avg Asking Price
$37–$185 /SF/Yr
Price Range
41,044 SF
Avg Space Size

Properties on Market for Office buildings 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 building - Vacant building suitable for headquarters or residential conversion.
Where is this office building located?
The property is located at 5 E 47th St New York, NY.
What are key features of this property?
This property features: 100% vacant flagship headquarters opportunity directly off 5th Avenue; Flexible C5‑2.5 zoning allows for boutique office or residential conversion; Benefit from 16,095 SF of air rights
(212) 468-5907 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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