17-Story Office
589 5th Ave, New York, NY 10017
For Lease
Contact for pricing
17-story office building with approximately 161,364 rentable square feet built in 1954.
Space Size3,837 SF
Property Size161,364 SF
Days on Market230
Property Features for 589 5th Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Stories
Building Size
Spaces For Lease
at 589 5th Ave
589 Fifth Avenue
AVAILABLE, Now
Floor
8
Size
3,837 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
GROSS
Sublease
No
A 17-story structure with approximately 161,364 rentable square feet, built in 1954.
Contact us
Listing Agency:
Cushman & Wakefield | Midtown Manhattan
(212) 841-7500
Listed By:
Harley Dalton
(212) 589-5106
Source:
Moodyscre
Added: Mar 25
Changed: Nov 4
Last Checked: Nov 8 at 3:38AM
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 Cushman & Wakefield | Midtown Manhattan
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Investment Insights
Based on property information with market context.
This 17-story office building offers approximately 161,364 rentable square feet. Constructed in 1954, the property is available for lease and can support a range of office users looking for a substantial in-place workspace within a multi-story format.
The building is located at 589 5th Ave, New York, NY 10017. Its office-oriented structure and size make it suitable for tenants evaluating space needs within a high-rise office environment.
Lease opportunities may appeal to organizations seeking a larger platform in an established office building built in the mid-20th century.
The building is located at 589 5th Ave, New York, NY 10017. Its office-oriented structure and size make it suitable for tenants evaluating space needs within a high-rise office environment.
Lease opportunities may appeal to organizations seeking a larger platform in an established office building built in the mid-20th century.
Key Highlights
- 17‑story office building
- Approximately 161,364 rentable square feet
- Built in 1954
Property Analytics
Who owns this building?
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Open Analytics
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, NY
$63.91 /SF/Yr
Avg Asking Price
$37–$185 /SF/Yr
Price Range
40,300 SF
Avg Space Size
Properties on Market for Office buildings in New York
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 17-story office building with approximately 161,364 rentable square feet built in 1954.
Where is this office building located?
The property is located at 589 5th Ave New York, NY.
What are key features of this property?
This property features: 17‑story office building; Approximately 161,364 rentable square feet; Built in 1954
