Multi-Story Office
For Lease
Contact for pricing
589 5th Ave, New York City, NY 10017
Seventeen-story office building built in 1954 with approximately 161,364 rentable square feet.
Space Size8,019 SF - 11,457 SF
Days on Market83
Property Features for 589 5th Ave
General Information
Standard status
Active
Size
8,019 SF - 11,457 SF
Class
Unclassified
Property subtype
retail
Building Details
Year Built
1954
Stories
17
Spaces For Lease
at 589 5th Ave Contact usAvailable Space 90 Days
Floor
2nd
Size
10,495 SF
Type
Retail
Term
7/31/2033
Sublease
Yes
Available Space 90 Days
Floor
3rd
Size
10,430 SF
Type
Retail
Term
7/31/2033
Sublease
Yes
Available Space 90 Days
Floor
4th
Size
10,355 SF
Type
Retail
Term
7/31/2033
Sublease
Yes
Available Space 90 Days
Floor
5th
Size
11,457 SF
Type
Retail
Term
7/31/2033
Sublease
Yes
Available Space 90 Days
Floor
GRND
Size
8,353 SF
Type
Retail
Term
7/31/2033
Sublease
Yes
Available Space 90 Days
Floor
LL
Size
8,019 SF
Type
Retail
Term
7/31/2033
Sublease
Yes
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Listing Agency:
New York
(212) 812-5700
Listed By:
Robert (Bob) Gibson · License #10311207694
(212) 812-6421
Source:
Property.jll
Added: Jul 24
Changed: Oct 7
Last Checked: Oct 12 at 5:06PM
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 New York
Investment Insights
Based on property information with market context.
The property is a 17-story office building built in 1954, offering approximately 161,364 rentable square feet.
Located at 589 5th Ave in New York, NY 10017, the asset is positioned as a dedicated office building for tenants seeking space within a multi-story structure.
Available for rent, the building’s configuration is designed around rentable office floor space within the existing 17-story framework.
Located at 589 5th Ave in New York, NY 10017, the asset is positioned as a dedicated office building for tenants seeking space within a multi-story structure.
Available for rent, the building’s configuration is designed around rentable office floor space within the existing 17-story framework.
Key Highlights
- Seventeen‑story office building built in 1954
- Approximately 161,364 rentable square feet
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
85,823
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York City, NY
$53.75 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
41,614 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Seventeen-story office building built in 1954 with approximately 161,364 rentable square feet.
Where is this office building located?
The property is located at 589 5th Ave New York City, NY.
What are key features of this property?
This property features: Seventeen‑story office building built in 1954; Approximately 161,364 rentable square feet
