389 Fifth Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 42 1,300 $ 4,550
$ / SF SF Monthly Rent
$ 43 3,000 $ 10,750

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 3,300 Negotiable
$ 48 3,300 $ 13,200
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Coworking Office Spaces for Rent

Type of Space Class A Class B Class C
Windowed office/person $ 2,500/mo $ 1,500/mo $ 1,000/mo
Interior office/person $ 1,500/mo $ 1,000/mo $ 700/mo

Nearby Office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & West 37th Street $ 38 2,100 $ 6,562
5th Ave & West 36th Avenue $ 44 1,600 $ 5,866
E 37th St & Madison Avenue $ 33 1,400 $ 3,850
Fifth Ave & East 36th Street $ 43 2,000 $ 7,166
Fifth Ave & East 35th Street $ 39 2,500 $ 8,125
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 68 15,600 $ 88,400
E 37th St & Fifth Avenue $ 40 5,000 $ 16,666
Fifth Ave & East 36th Street $ 50 5,400 $ 22,500
Fifth Ave & East 37th Street $ 50 7,000 $ 28,875
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Onsite Networks Testimonial

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389 Fifth Avenue

389 Fifth Avenue is a 12-story office building located in the highly desirable Murray Hill neighborhood in Manhattan. Built in 1922 and designated as a historical landmark, this building provides 105,000 square feet of Class B office space for rent. It offers modern amenities and is serviced by renowned fiber providers such as Lightower & Level 3 Communications.

There are various options available for renting office space, ranging from small to large offices, and there are nearby leasing and subleasing options as well. Unfortunately, coworking options are currently not available at 389 Fifth Avenue. If you're interested in leasing office space, our expert negotiators can assist you in securing the best deals without any fees.

The Zip Code for 389 Fifth Avenue is 10016, and there are convenient transit options in close proximity. The 5 Avenue-Bryant Park Subway Station is just a 7-minute walk away, providing access to the 7 train lines. The 33 Street Subway Station, with access to the 4 and 6 train lines, is also a 7-minute walk away. Alternatively, the 34 Street-Herald Square Subway Station can be reached within 7 minutes and offers access to the B, D, F, M, N, Q, and R train lines. Additionally, the PATH Transit Stop train lines can be accessed with just an 8-minute walk to the 33 St Subway Station, and the Grand Central-42 Street Subway Station is a mere 10-minute walk away, providing access to the 4, 42 St Shuttle, 5, 6, and 7 train lines.

In 2021, the average office rent at 389 Fifth Avenue was $46.91 per square foot, slightly higher than the 2022 average of $43.53 per square foot. Despite this deviation from market trends, the exceptional location and premium amenities offered at 389 Fifth Avenue make it an attractive choice for businesses seeking sophisticated office space with convenient transit options.

389 Fifth Avenue Property Overview

Bulding Address: 389 Fifth Ave
Building Alternate address(es): 389 5th Ave
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:12
Year Built:1922
Building Class:B
Block & lot:00866-0001

Public Transportation

Time and Distance from 389 Fifth Avenue New York, NY 10016
Transit / Subway Distance Walk
5 Avenue-Bryant Park Transit Stop (7) 0.3 mi 7 min
33 Street (4,6 Line) Transit Stop 0.3 mi 7 min
34 Street-Herald Square Transit Stop (B, D, F, M, N, Q, R) 0.4 mi 7 min
33 St (PATH) Transit Stop (Hoboken-33rd Street, Journal Square-33rd Street) 0.4 mi 8 min
Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) 0.5 mi 10 min

Map Location

Internet Providers at 389 Fifth Avenue

Internet Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 389 Fifth Avenue
  • Erwin Pearl leased 9,050 SF
  • Merchants Overseas leased 2,880 SF
  • Donna Max leased 9,000 SF
  • OK Originals leased 5,951 SF
  • Idealist leased 9,000 SF

Nearby Office Tenants Leased
  • Rose Associates leased 47,000 SF at 200 Madison Ave
  • Totes Isotoner leased 29,000 SF at 420 Fifth Ave
  • Lightyear Capital Inc. leased 17,000 SF at 375 Fifth Ave
  • Quizno~~#s leased 1,750 SF at 417 Fifth Ave
  • WhitePages.com leased 1,556 SF at 232 Madison Ave
  • DMF Sales Company leased 1,485 SF at 411 Fifth Ave
  • Hayco Corporation leased 0 SF at 377 Fifth Ave

Nearby Retail Tenants Leased
  • Citibank leased 15,000 SF at 411 Fifth Ave
  • Ricky's leased 5,000 SF at 417 Fifth Ave
  • Mika Collections leased 3,935 SF at 379 Fifth Ave
  • Starbucks leased 1,626 SF at 373 Fifth Avenue
  • Hole in the Wall Coffee leased 200 SF at 420 Fifth Ave

Office Rent 389 Fifth Avenue Average

Year $ / SF
2018 36.0
2019 57.0
2021 46.91
2022 43.53
Year $ / SF
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