Property profile

401 5Th Ave New York, NY 10016

OFF-MARKET
Office Spaces
16,346 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 16,346 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • Film Production Television Studio
  • Tour Operator
  • Physician
  • Restaurant

Location

401 5Th Ave New York, NY 10016
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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