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Second-Generation Office Suite
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565 5th Ave, New York, NY 10017

Second-generation unit includes six offices and a large board room, with pantry potential for an office tenant setup.

Space SizeContact for details
Property Size5,137 SF
Days on Market1273

Property Features for 565 5th Ave

General Information

Standard status Active
Size 5,137 SF
Property subtype OFFICE

Building Details

Stories 30
Listing Agency: CBRE | Midtown Manhattan
Listed By: Michael Liss
Source: Moodyscre
Added: Feb 10, 2023 Changed: Jul 26 Last Checked: Aug 5 at 12:24PM

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.

This second-generation office unit is built out with six offices, one large board room, and includes pantry potential. The layout is well suited for organizations looking to occupy a substantial contiguous space, with the option to lease the entire floor on a long-term basis.

565 Fifth Avenue is a landmark office building designed by Emery Roth & Sons in collaboration with Norman Jaffe. The property features a graduated glass façade rising 30 stories above Fifth Avenue, with interiors described as enhanced by rich marbles and woods, along with brushed stainless steel trim and detailing.

For tenants and brokers evaluating established office space, this suite offers a board-room-forward configuration and the ability to scale up through full-floor occupancy.

Key Highlights

  • Second‑generation office unit with 6 offices and a large board room
  • Pantry potential for an office‑tenant setup
  • Opportunity to lease an entire floor totaling 17,724 SF on a long‑term basis

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

$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 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
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Frequently Asked Questions

What type of property is this?
Office units - Second-generation unit includes six offices and a large board room, with pantry potential for an office tenant setup.
Where is this office units located?
The property is located at 565 5th Ave New York, NY.
What are key features of this property?
This property features: Second‑generation office unit with 6 offices and a large board room; Pantry potential for an office‑tenant setup; Opportunity to lease an entire floor totaling 17,724 SF on a long‑term basis
(212) 984-8186 Call to check price and availability
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