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Property profile & analytics

554 5Th Ave New York, NY 10036

  • Office buildings
  • 14,600 SF
  • 0.06 lot acres
Value Estimation
Location Intelligence
Property ID
US63-1334077
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lenny + Pilates / Physical Fitness Program
  • GLAM / Make-Up Artist
  • Move Wise Health Studio / Physical Fitness Program / Service Establishment
  • Norwegian Wool / Clothing Store / Store
  • The Wellpath by Dr. Jamé Heskett / Weight Loss Service / Medical Spa

Property Details for 554 5Th Ave

Year built
1909
Lot size
0.06 lot acres
Property size
14,600 SF
Zone code
C5-3
Property type
Office buildings
APN
01261-0038
APU
12610038

Description

This exceptional 14,600 square foot, six-story office building at 554 Fifth Avenue offers a unique opportunity. Currently, 4,000 square feet are immediately available in a single-tenant configuration. The space boasts a stunning renovated interior, featuring high ceilings and abundant natural light. Two large private offices on Fifth Avenue, a spacious conference room, and high-quality finishes throughout create a sophisticated and professional environment. Separate men's and women's restrooms add to the convenience. The adaptable open layout allows for versatile use, accommodating various business needs. Direct elevator access and a floor-through design enhance efficiency and prestige. Located just two blocks from Grand Central Terminal, this location provides unparalleled accessibility to the entire city, benefiting both employees and clients. The asking price is a competitive $50 per square foot. This turnkey space is ready for immediate occupancy. The building's prime location on Fifth Avenue ensures high visibility and an impressive address.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9795
Latitude
40.7559
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$225,022
$900,000
$1,255,650
$2,155,650
-
$2,000,000
$2,721,000
$4,721,000
More about this property
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