401 5Th Ave, New York, NY 10016
This exceptional Midtown East commercial property at 401 5th Avenue, New York, NY 10016, offers 16,346 square feet of prime office space currently fully vacant and available for lease. The building features two suites, with a minimum divisible space of 5,323 square feet and a maximum contiguous space of 11,023 square feet, providing flexibility for various business needs. Located in New York County, this property boasts a highly desirable address in a vibrant and accessible area of Manhattan. The space is ideal for businesses seeking a prestigious location with excellent visibility. Ceiling heights vary, offering 18-foot and 12-foot options depending on the suite. The property is classified as Executive Office and Commercial, catering to a range of professional tenants. This is a rare opportunity to secure a significant amount of contiguous space in a prime Manhattan location. The building's total square footage is 16,346, currently entirely available for lease. Interested parties should inquire promptly for further details and leasing options.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.