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Fifth Avenue Office Units

640 640 5th Ave, New York, NY 10019

For Lease
Contact for pricing

The building pairs a glass addition with signage exposure along Fifth Avenue.

Space Size1,647 SF
Days on Market1161

Property Features for 640 640 5th Ave

General Information

Standard status Active
Size 1,647 SF
Class A
Property subtype RETAIL

Site & Location

Neighborhood Midtown Manhattan

Spaces For Lease

at 640 640 5th Ave
640 5th Ave AVAILABLE, Now
Floor 1
Size 1,647 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 640 Fifth Avenue is adjacent to Rockefeller Center and St. Patrick's Cathedral. - Vornado successfully redeveloped three floors into a single-use, vertical retailing destination with prominent avenue signage/branding exposure. - Vornado set a precedent for this type of creative occupancy, now seen in New York City's best retail corridors. In 2016, Victoria's Secret launched a multi-floor flagship store at 640 Fifth Avenue.
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Listing Agency: Vornado Realty Trust - Corporate
Listed By: Edward Hogan
Source: Moodyscre
Added: Sep 7, 2023 Changed: Nov 9 Last Checked: Jul 29 at 10:21AM

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 Vornado Realty Trust - Corporate

Rey
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Investment Insights

Based on property information with market context.

Office units are offered in a Fifth Avenue property that includes a 35,000-square-foot glass tower added during a 2005 redevelopment. The tower features floor-to-ceiling glazing and column-free space. A sculptural glass wall is part of the lobby design, and the building provides signage exposure on Fifth Avenue.

The property is adjacent to Rockefeller Center and St. Patrick’s Cathedral.

Key Highlights

  • 35,000‑square‑foot glass tower added in 2005
  • Tower features floor‑to‑ceiling glass and column‑free space
  • Adjacent to Rockefeller Center and St. Patrick’s Cathedral

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Portage Point Partners Business Management Consultant Buchanan Ingersoll & Rooney ... Law Firm KCR Research Financial Advisor Exane Inc Financial Advisor 640 FIFTH AVENUE Business Service Center

Suggested Use

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

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

74,733
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York, NY

$47.87 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,698 SF
Avg Space Size

Properties on Market for Office Units in New York

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The building pairs a glass addition with signage exposure along Fifth Avenue.
Where is this office unit located?
The property is located at 640 640 5th Ave New York, NY.
What are key features of this property?
This property features: 35,000‑square‑foot glass tower added in 2005; Tower features floor‑to‑ceiling glass and column‑free space; Adjacent to Rockefeller Center and St. Patrick’s Cathedral
(212) 894-7988 · Office Call to check price and availability
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