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Multi-Suite Office Building

689 5th Ave, New York, NY 10022

For Lease
Contact for pricing

Several office spaces are available in a Class B property with an upgraded Fifth Avenue retail frontage.

Space Size3,358 SF
Days on Market86

Property Features for 689 5th Ave

General Information

Standard status Active
Size 3,358 SF
Class B
Property subtype RETAIL

Site & Location

Neighborhood Midtown Manhattan

Additional Details

Space Use Office

Building Details

Stories 15

Spaces For Lease

at 689 5th Ave
689 5th Ave AVAILABLE, Now
Floor 1
Size 3,358 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- An internationally recognized shopping destination, previously home to the first U.S. flagship for Zara and now home to Canada Goose, 689 Fifth Avenue has recently completed a capital improvement program which included new retail storefront replacement featuring a limestone and granite facade with bronze storefront framing and insulated glass window displays. - This unique and historic building commands attention along Manhattan's most popular shopping avenue with 150 feet of prime frontage.
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Listing Agency: Vornado Realty Trust - Corporate
Listed By: Jenniel Davis
Source: Moodyscre
Added: Aug 17 Changed: Nov 9 Last Checked: Aug 19 at 4:47AM

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.

Multiple office spaces are available within this 15-story Class B building at 689 Fifth Avenue. A recent capital upgrade added a limestone-and-granite retail facade, bronze-framed storefronts, and insulated glass display windows. Canada Goose is a current tenant.

The property has 150 feet of frontage on Fifth Avenue, between East 54th and East 55th Streets in New York, New York.

Key Highlights

  • Multiple office spaces available for lease
  • 15‑story Class B office building
  • 150 feet of frontage on Fifth Avenue

Property Analytics

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

Current Use

Yamaha Artist Services Theater & Performing Art Venue Salon A.K.S Hair Salon Carlton Fine Arts ... Art Gallery Canada Goose 5TH ... Clothing Store Questar Corporation Advisors Financial Advisor

Suggested Use

Top Pick Auto Parts Store Pet Grooming Service Nursing Home Butcher Buffet Adult Day Care

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 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Several office spaces are available in a Class B property with an upgraded Fifth Avenue retail frontage.
Where is this office unit located?
The property is located at 689 5th Ave New York, NY.
What are key features of this property?
This property features: Multiple office spaces available for lease; 15‑story Class B office building; 150 feet of frontage on Fifth Avenue
(212) 894-7411 · Office Call to check price and availability
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