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    545 5Th Ave New York, NY 10017
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    Property profile & analytics

    545 5Th Ave New York, NY 10017


    • Banks
    • 180,349 SF
    • 0.29 lot acres
    Fifth Avenue Office Space Available For Lease
    $56 SF/Yr
    12,206 SF

    Fifth Avenue Office Space Available

    150,860 SF office building built in 1898.

    545 5th Ave, New York, NY
    View Listing
    Property ID
    US63-0933856
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Onstream Media Corporation / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Bernadin Law Group PLLC / Law Firm
    • heritage engineering / Engineer
    • International Gemological Institute / Real Estate Agency
    • ChildFund Alliance / Charitable Organization / Social Service Agency

    Property Details for 545 5Th Ave

    Year built
    1930
    Lot size
    0.29 lot acres
    Property size
    180,349 SF
    Zone code
    C5-3
    Property type
    Banks
    APN
    01279-0069
    APU
    12790069

    Description

    This exceptional sublease opportunity presents a 3,276 square foot office space on the 9th floor of 545 5th Avenue in the heart of Midtown Manhattan. Located in a vibrant commercial and cultural hub, this space offers unparalleled convenience and accessibility, surrounded by iconic landmarks, world-class dining, shopping, and entertainment. The building itself is situated amidst a high volume of foot traffic from both tourists and residents. The flexible layout of this single-tenant space is adaptable to a variety of professional needs, making it ideal for businesses seeking to expand or establish a new presence in this dynamic area. The larger building encompasses 180,349 square feet situated on a 12,550 square foot lot. This prime location boasts exceptional visibility and is easily accessible via multiple public transit stations, including the nearby Penn Station, a major transportation hub. The surrounding area is rich in culture and offers a dynamic environment for any business. This sublease provides a unique chance to establish a presence in one of New York City's most prestigious and sought-after locations. The space is suitable for various professional or creative uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $80,425,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $97,585,000
      Change: +21% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9792
    Latitude
    40.7551
    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
    $3,968,141
    $5,805,000
    $31,658,569
    $37,463,569
    -
    $12,900,000
    $74,756,000
    $87,656,000
    View Listing
    More about this property
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