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Office Building with Prebuild Plans
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608 5th Ave, New York, NY 10020

Plans call for demo and prebuild for a boutique office building at 5th Avenue and near Rockefeller Center.

Space SizeContact for details
Property Size3,005 SF
Days on Market1270

Property Features for 608 5th Ave

General Information

Standard status Active
Size 3,005 SF
Class Trophy
Property subtype OFFICE
Listing Agency: CBRE | Midtown Manhattan
Listed By: David Katz
Source: Moodyscre
Added: Feb 13, 2023 Changed: Jul 27 Last Checked: Aug 5 at 1:06PM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

The offering at 608 5th Ave includes a planned demolition and prebuild approach, with the core plan attached. The property is presented as a boutique office building configured for a substantial office offering, totaling approximately 100,000 square feet as described in the offering materials.

Located at 5th Avenue in Manhattan, the remarks place the building in the midst of Rockefeller Center. The property is described as being surrounded by area amenities consistent with the Rockefeller Center area.

For tenants and brokers reviewing the space, the attached core plan and the demo/prebuild scope are key components of how the building is expected to be delivered.

Key Highlights

  • Plans call for demo and prebuild for a boutique office building
  • Offering 100,000 sq ft of office space
  • Located at 608 Fifth Avenue near Rockefeller Center

Property Analytics

Current Use

Johnson Matthey Inc Industrial Manufacturer Kentshire (Bike/Boat/Book/etc) Store Lauren B Jewelry (Bike/Boat/Book/etc) Store Estate Diamond Jewelry (Bike/Boat/Book/etc) Store Wedding Ring Originals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Parking Lot & Garage Barber Shop Catering Service

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

6,625
Businesses Nearby

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 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 building - Plans call for demo and prebuild for a boutique office building at 5th Avenue and near Rockefeller Center.
Where is this office building located?
The property is located at 608 5th Ave New York, NY.
What are key features of this property?
This property features: Plans call for demo and prebuild for a boutique office building; Offering 100,000 sq ft of office space; Located at 608 Fifth Avenue near Rockefeller Center
(212) 984-7170 Call to check price and availability
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