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    OFF-MARKET
    Office Spaces

    320 5Th Ave, New York, NY 10001

    120,000 SF Built 1905
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12-story, Class B office building at 320 5th Avenue, situated between 32nd and 33rd Streets in the heart of Midtown Manhattan, offers a unique opportunity for businesses seeking prestigious office space. Built in 1905 and extensively renovated in 2010, the building boasts 120,000 square feet of total space, currently divided into three suites. Three elevators—two passenger and one freight—ensure efficient vertical transportation. The building features attractive architectural details, including high (12-foot) exposed ceilings and oversized picture windows, some offering stunning Fifth Avenue views. Available spaces range from 1,899 to 3,616 square feet, providing flexibility for various business needs. The building's traditional office layout is complemented by features suitable for executive or creative office uses, and even showroom space. Hardwood floors and a wet pantry are among the amenities. The building is zoned C1-9, and the glass entry door adds a touch of modern elegance. Currently, 8,357 square feet of space is available for lease. This is a rare opportunity to secure a prominent location in one of New York City's most sought-after business districts.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1905
    Total area 120,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CVS Photo (Bike/Boat/Book/etc) Store
    • Underneath It All Inc (Bike/Boat/Book/etc) Store Clothing & Fashion Store
    • City Scapes NYC Landscaping General Contractor
    • CVS Pharmacy Pharmacy
    • CVS (Bike/Boat/Book/etc) Store Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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