Listing Agency: CBRE | Midtown Manhattan p***@cbre.com Show Phone

Listed By: Paul Amrich Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 22 at 8:23AM

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Investment Insights

Based on property information with market context.

Located between 51st and 52nd Streets, this commercial real estate offers office spaces within a 132,660 square foot building.

Key Highlights

• Between 51st & 52nd Streets

Property Analytics

Property Profile

Current Use

Scarlett Marketing & Advertising Spontaneous Film Production lifetime plumbing General Contractor Bluerock Video Editing Service Tiffany Ma, Esq. Law Firm

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Real Estate Agency Auto Parts Store Acupuncture

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

4,302

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office space available on Lexington Avenue.

Where is this office building located?

The property is located at 575 Lexington Avenue New York, NY.

What are key features of this property?

This property features: Between 51st & 52nd Streets