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Office Space in Midtown Location
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581 5th Ave, New York, NY 10017

Office space available in a high-traffic Midtown setting near multiple subway lines.

Property Size3,474 SF
Days on Market508

Property Features for 581 5th Ave

General Information

Standard status Active
Size 3,474 SF
Property subtype OFFICE
Listing Agency: Solil Management, LLC
Listed By: Nicholas Forelli
Source: Moodyscre
Added: Mar 10, 2025 Changed: Jul 27 Last Checked: Jul 30 at 1:27PM

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 Solil Management, LLC

Investment Insights

Based on property information with market context.

Available for rent is an office space within a Midtown location at 581 5th Ave. The property is positioned in a high foot-traffic area.

The site is described as being steps from Rockefeller Center and near subway service including lines B, D, F, M, E, S, 4, 5, 6, and 7.

The space is offered as a commercial office unit (Office Units/Office Spaces) totaling 3,474 square feet.

Key Highlights

  • Office space available in Midtown’s high‑traffic setting
  • Steps from Rockefeller Center
  • Near multiple subway lines: B, D, F, M, E, S, and 4, 5, 6, 7 trains

Property Analytics

Current Use

Absolute Brilliance (Bike/Boat/Book/etc) Store Salvatore & Co (Bike/Boat/Book/etc) Store I Love NY ... (Bike/Boat/Book/etc) Store We Love Watches ... (Bike/Boat/Book/etc) Store Antwerp Diamond Distributors (Bike/Boat/Book/etc) Store

Suggested Use

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

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

85,823
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

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 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 - Office space available in a high-traffic Midtown setting near multiple subway lines.
Where is this office units located?
The property is located at 581 5th Ave New York, NY.
What are key features of this property?
This property features: Office space available in Midtown’s high‑traffic setting; Steps from Rockefeller Center; Near multiple subway lines: B, D, F, M, E, S, and 4, 5, 6, 7 trains
(212) 506-0448 Call to check price and availability
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