Search
Multi-Story Office Building
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 Market38

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 us

Available Space

Floor
2nd
Size
10,495 SF
Type
Retail
Term
7/31/2033
Availability
90 Days
Sublease
Yes
Contact us

Available Space

Floor
3rd
Size
10,430 SF
Type
Retail
Term
7/31/2033
Availability
90 Days
Sublease
Yes
Contact us

Available Space

Floor
4th
Size
10,355 SF
Type
Retail
Term
7/31/2033
Availability
90 Days
Sublease
Yes
Contact us

Available Space

Floor
5th
Size
11,457 SF
Type
Retail
Term
7/31/2033
Availability
90 Days
Sublease
Yes
Contact us

Available Space

Floor
GRND
Size
8,353 SF
Type
Retail
Term
7/31/2033
Availability
90 Days
Sublease
Yes
Contact us

Available Space

Floor
LL
Size
8,019 SF
Type
Retail
Term
7/31/2033
Availability
90 Days
Sublease
Yes
Contact us
Listing Agency: New York
Listed By: Robert (Bob) Gibson · License #10311207694
Source: Property.jll
Added: Jul 24 Changed: Aug 26 Last Checked: Aug 29 at 5:45AM

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.

Key Highlights

  • Seventeen‑story office building built in 1954
  • Approximately 161,364 rentable square feet

Property Analytics

Current Use

Espeka USA Inc Big Box & Wholesale Store Gad Realty NYC Real Estate Agency Joseph Gad Incorporated Big Box & Wholesale Store Yafa Signed Jewels ... (Bike/Boat/Book/etc) Store Assael Inc Big Box & Wholesale Store

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Locksmith

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 City, NY

$57.69 /SF/Yr
Avg Asking Price
$37–$98 /SF/Yr
Price Range
42,394 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message