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    313 5Th Ave New York, NY 10016

    Sponsored
    For Lease
    $42 SF/Yr

    Prime Midtown South Office, 2,000 sq ft available

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional creative office space, located at 313 Fifth Avenue (between West 32nd Street and West 31st Street) in New York County, NY 10016, offers a unique opportunity to lease a full floor within a 14,000 square foot building. The space boasts a minimum divisible area of 2,000 square feet, perfect for a variety of businesses. The office features high exposed ceilings, abundant natural light from large windows, and private keyed elevator access for enhanced security and privacy. Additional amenities include private bathrooms and a dedicated reception area. The expansive open floor plan is ideal for a creative workspace, easily adaptable to accommodate various layouts, from an open bullpen to a configuration with individual offices and a conference room. This prestigious Midtown South location on Fifth Avenue provides unparalleled visibility and accessibility. The asking price represents an incredible value for a full-floor office in this highly sought-after area, making it an attractive option for tech companies, media firms, advertising agencies, financial services businesses, or any organization seeking a prominent and functional workspace. The space is currently available for lease.

    Property Features for 313 5Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF
    Total Rate
    49000

    Unit(s) available at that property

    Space
    313 Fifth Ave -FULL FLOOR OFFICE-
    Size
    2,000 SF
    Rate per SF
    $42
    Property Profile Location Intelligence

    Current Use by Public Records

    Shinhan Bank America ... Bank Sultan Linen Inc Fabric Store Elijah Equities LLC Corporate Office Carolina Manufacturing Co ... Manufacturer Millennium Pet Group Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9853067
    Latitude
    40.7468696

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    FAQs

    What type of property is this?
    Office space - Prime Midtown South Office, 2,000 sq ft available
    Where is this office space located?
    The property is located at 313 5Th Ave New York, NY.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    Request Owner's contact information
    313 5Th Ave New York, NY 10016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    313 5Th Ave New York, NY 10016
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