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Historic Office Tower
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500 5th Ave, New York, NY 10110

Historic 59-story office structure built in 1938 with approximately 600,813 rentable square feet.

Space Size11,095 SF
Days on Market293

Property Features for 500 5th Ave

General Information

Standard status Active
Size 11,095 SF
Property subtype OFFICE
Lease Type Gross

Building Details

Year Built 1938
Stories 59

Spaces For Lease

at 500 5th Ave Contact us

500 5th Ave $95/SF/Yr

Floor
29
Size
11,095 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- A 59-story structure with approximately 600,813 rentable square feet, built in...
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Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Harry Blair
Source: Moodyscre
Added: Nov 20, 2025 Changed: Sep 4 Last Checked: Sep 8 at 8:45AM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This historic 59-story office tower was built in 1938 and offers approximately 600,813 rentable square feet. The building provides a substantial footprint for office use, with overall height that supports a range of potential suite configurations.

Located at 500 5th Ave in New York, NY 10110, the property is presented for rent and is suited for tenants seeking space within a long-standing office building.

Additional details on available suites, floor plans, and building amenities are not provided here.

Key Highlights

  • 59‑story office structure built in 1938
  • Approximately 600,813 rentable SF

Property Analytics

Current Use

Dover Corporation Industrial Manufacturer Corigin Management Property Management Company Dr. Jennifer L. ... Pediatrician SLC Management Inc Corporate Office Centurion Realty Construction Company

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
$14.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

94,721
Businesses Nearby

Demographics for 10110, NY

14
Population
3
Households
4.7
Avg Household Size
32
Median Age

Market

Lease Benchmarks for New York, NY

$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
36,348 SF
Avg Space Size

This space is priced 76% above the average of $54.08 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic 59-story office structure built in 1938 with approximately 600,813 rentable square feet.
Where is this office building located?
The property is located at 500 5th Ave New York, NY.
What is the lease rate?
The lease rate is $95 SF/Yr.
What are key features of this property?
This property features: 59‑story office structure built in 1938; Approximately 600,813 rentable SF
(212) 841-5996 Call to check price and availability
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