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Prestigious Midtown Office Space Available
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565 5th Avenue, New York, NY 10017

Architecturally iconic office building between Grand Central and Rockefeller Center.

Space SizeContact for details
Days on Market273

Property Features for 565 5th Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Midtown Manhattan
Listed By: Derrick Ades
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 18 Last Checked: Aug 22 at 7:41AM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Located midway between Grand Central Terminal and Rockefeller Center, this 30-story office building at 565 Fifth Avenue is an architectural icon, designed by Emery Roth & Sons in collaboration with Norman Jaffe. Its graduated glass façade reveals expansive views of Fifth Avenue and Midtown. The building's architecture creates an elegant crystalline effect. The interior features rich marbles and woods and brushed stainless steel trim and detailing. The property is close to Rockefeller Center, Bryant Park, and the New York Public Library. The property has a size of 23342 square feet.

Key Highlights

  • Prestigious Midtown location between Grand Central Terminal and Rockefeller Center.
  • Architectural icon designed by Emery Roth & Sons and Norman Jaffe.
  • Expansive views of Fifth Avenue and Midtown.

Property Analytics

Current Use

Caithness Energy, LLC Energy Supplier Morvillo Abramowitz & Grand: ... Law Firm Greenblatt Law LLC Law Firm Morvillo Abramowitz Grand ... Law Firm Thompson Law, P.C. Law Firm

Suggested Use

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

94,218
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

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Architecturally iconic office building between Grand Central and Rockefeller Center.
Where is this office building located?
The property is located at 565 5th Avenue New York, NY.
What are key features of this property?
This property features: Prestigious Midtown location between Grand Central Terminal and Rockefeller Center.; Architectural icon designed by Emery Roth & Sons and Norman Jaffe.; Expansive views of Fifth Avenue and Midtown.
More about this property
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