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530 5Th Ave New York, NY 10036

Retail space Google Maps
12,125 SF 0.63 ac lot Built 1957
Entity Owned 4-yr Hold ~ Est. High Equity
No photos on file
For Lease
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530 5Th Ave, New York, NY 10036
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Estimated value
No estimation on file for this property yet.
Property ID US63-5042580

Property summary

AI-generated overview

A 15,638-square-foot coworking and office space located at 530 Fifth Avenue in Midtown East, New York, NY 10036, between 44th and 45th Streets, with access to the surrounding transit and business amenities in the area, including Grand Central Terminal and Bryant Park. The space is arranged with fully furnished office suites and on-demand meeting rooms that can accommodate groups up to 72 people, and it includes both open-plan and partitioned office configurations. Building and space features include a welcoming atrium, natural light, reception areas, accent lighting, kitchen facilities, plug-and-play readiness, Wi-Fi, and air conditioning, along with shower facilities. Amenities available within the building include a fitness center with daily classes, a wellness center with steam rooms, an on-site café, an outdoor terrace, a conferencing facility, a courtyard, and an on-site property manager. The building provides 24-hour access and offers measures intended to support secure, private work environments, including Class A acoustics and visual privacy controls suitable for organizations in regulated industries, subject to any applicable requirements and policies.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Total area 12,125 SF
Lot 0.63 ac (27,614 SF)
Zoning code C5-3
APN 01260-1301
UPID US63-5042580

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
  • Property Investment Company
  • Hotel & Motel
  • Hotel & Motel
  • (Bike/Boat/Book/etc) Store Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$192.0M
1 recorded transaction
2021
$192.0M

Zoning & alternative use

C5-3 · New York, NY

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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