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

59-story office tower built in 1938 offering large rentable space in Manhattan for lease.

Space Size5,904 SF
Days on Market289

Property Features for 500 5th Ave

General Information

Standard status Active
Size 5,904 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Neighborhood Midtown Manhattan

Building Details

Year Built 1938
Stories 59

Spaces For Lease

at 500 5th Ave
500 Fifth Avenue $130/SF/Yr
Floor 56
Size 5,904 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, 30 Days
Sublease No
- A 59-story structure with approximately 600,813 rentable square feet, built in 1938.
Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Harry Blair
Source: Moodyscre
Added: Jan 16 Changed: Oct 25 Last Checked: Oct 30 at 1:31PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 59-story office building was constructed in 1938 and totals approximately 600,813 rentable square feet. The property is offered for lease and is structured to support a broad range of office occupancy needs within a single high-rise platform.

The building is located at 500 5th Ave in New York, NY 10110. Prospective tenants can explore available office space within the tower’s overall rentable footprint.

Key Highlights

  • 59‑story office tower built in 1938
  • Approximately 600,813 rentable square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Parking Lot & Garage Plumbing Service Electrical Service HVAC 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
$19.50 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$51.45 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
41,254 SF
Avg Space Size

This space is priced 153% above the average of $51.45 /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

Frequently Asked Questions

What type of property is this?
Office building - 59-story office tower built in 1938 offering large rentable space in Manhattan for lease.
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 $130 SF/Yr.
What are key features of this property?
This property features: 59‑story office tower built in 1938; Approximately 600,813 rentable square feet
(212) 841-5996 Call to check price and availability
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