425 Fifth Avenue
Class: A + 10016 Buildings Midtown South Central
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
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| $ / SF | SF | Monthly Rent |
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| $ / SF | SF | Monthly Rent |
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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 & East 39th Street | $ 36 | 2,100 | $ 6,300 |
| Fifth Ave & Between East 38th Street | $ 41 | 2,700 | $ 9,225 |
| E 39th St & Fifth Avenue | $ 40 | 1,400 | $ 4,666 |
| Fifth Ave & West 37th Street | $ 75 | 2,100 | $ 13,125 |
| E 37th St & Madison Avenue | $ 33 | 1,400 | $ 3,850 |
| W 38th St & 5th Avenue | $ 62 | 1,300 | $ 6,689 |
| W 38th St & Avenue of America | $ 43 | 2,800 | $ 10,033 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 38th Street | $ 70 | 36,000 | $ 209,250 |
| Fifth Ave & West 38th Street | $ 136 | 27,900 | $ 316,200 |
| E 38th St & Fifth Avenue | $ 37 | 5,300 | $ 16,341 |
| Fifth Ave & East 37th Street | $ 50 | 7,000 | $ 28,875 |
| W 38th St & Avenue of the Americas | $ 44 | 11,800 | $ 42,775 |
| Fifth Ave & West 39th Street | $ 111 | 6,200 | $ 57,350 |
| Madison Ave & East 39th Street | $ 94 | 26,500 | $ 208,356 |
| Madison Ave & East 39th Avenue | $ 73 | 5,600 | $ 34,066 |
| W 37th St & Fifth Avenue | $ 47 | 5,100 | $ 19,890 |
| Madison Ave & East 37th Street | $ 39 | 6,000 | $ 19,500 |
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Media Bistro Testimonial
425 Fifth Avenue
425 Fifth Avenue, located in the Midtown South Central area of Manhattan, is an impressive office building that spans 54 stories and provides 239,123 square feet of high-quality Class A space available for rent. Completed in 2002, the building boasts exceptional fiber providers such as Verizon New York, Level 3 Communications, and Cablevision/Lightpath. Whether you need a small, medium, or large office space, 425 Fifth Avenue offers a variety of options to meet your requirements. While coworking alternatives are not currently available, we are committed to finding the best deals for you and negotiating on your behalf without charging any fees. The building's zip code is 10016. In addition to traditional lease options, subleasing alternatives may also be available. Interestingly, the average office rental rates at 425 Fifth Avenue in 2022 and 2023 have exceeded market trends, with $48.56 per square foot in 2022 slightly surpassing the rate of $47.5 in 2023.
425 Fifth Avenue Property Overview
| Bulding Address: | 425 Fifth Ave |
| Building Alternate address(es): | 425 5th Ave |
| Zip Code: | 10016 |
| Neighborhood: | Midtown South Central |
| Borough: | Manhattan |
| Stories: | 54 |
| Year Built: | 2002 |
| Building Class: | A |
Map Location
Internet Providers at 425 Fifth Avenue
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Verizon New York | Fiber | 1 Gb/s | 25 Mb/s |
| Level 3 Communications | Fiber | 10 Gb/s | 10 Gb/s |
| Cablevision/Lightpath | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 425 Fifth Avenue
- Kirschstein, Ottinger, Israel & Schiffmiller leased 4,650 SF
- Ron Chereskin leased 2,100 SF
Nearby Office Tenants Rented / Leased 425 Fifth Avenue
Nearby Retail Tenants Rented / Leased 425 Fifth Avenue
- Kirschstein, Ottinger, Israel & Schiffmiller leased 4,650 SF at 425 Fifth Avenue
- Young Playwrights Inc. leased 1,800 SF at 431 Fifth Avenue
- Stuart Krichevsky Literary Agency leased 2,500 SF at 6 East 39th Street
- Temco Service Industries leased 22,000 SF at 417 Fifth Avenue
Nearby Retail Tenants Rented / Leased 425 Fifth Avenue
- Yoga Sutra NYC leased 8,000 SF at 6 East 39th Street
- Ricky's leased 5,000 SF at 417 Fifth Avenue
- Just Salad leased 1,800 SF at 437 Fifth Avenue
- Hole in the Wall Coffee leased 200 SF at 420 Fifth Avenue
Office Rent 425 Fifth Avenue Average
| Year | $ / SF |
|---|---|
| 2020 | 59.0 |
| 2022 | 48.56 |
| 2023 | 47.5 |
| Year | $ / SF |
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