501 Fifth Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 50 1,100 $ 4,583
$ / SF SF Monthly Rent
$ 55 3,300 $ 15,125
$ / SF SF Monthly Rent
$ 55 7,100 $ 32,541

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ / 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
E 41st St & Fifth Avenue $ 46 2,000 $ 7,666
Address $ / SF SF Monthly Rent
E 41st St & Fifth Avenue $ 39 4,000 $ 13,125
Fifth Ave & East 42nd Street $ 56 4,300 $ 20,066
Fifth Ave & East 41st Avenue $ 65 3,400 $ 18,437
Address $ / SF SF Monthly Rent
Fifth Ave & East 41st Street $ 69 5,800 $ 33,350
Fifth Ave & West 42nd Street $ 79 5,800 $ 38,183
Fifth Ave & East 42nd Street $ 67 10,800 $ 59,850
E 41st St & Fifth Avenue $ 50 5,200 $ 21,666
Fifth Ave & West 42nd Street $ 68 8,700 $ 49,590

501 Fifth Avenue Medical Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 1,400 Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
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Vaultus Professional Service Testimonial

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501 Fifth Avenue

501 Fifth Avenue is a 23-story office building situated in the Grand Central neighborhood of Manhattan. It provides 152,361 square feet of Class B office space and is equipped with high-speed fiber connections from providers like Lightower, Level 3 Communications, Cablevision/Lightpath, and Verizon New York. While there are currently no coworking options available, we can negotiate competitive deals for renting small, medium, and large office spaces. We also offer lease options for nearby office buildings and sublease options within 501 Fifth Avenue. The building's advantageous location offers easy access to multiple subway stations, with various train lines just a short walk away. Notably, the rental prices per square foot at 501 Fifth Avenue have differed from the prevailing market rates, averaging $60.37 per square foot in 2022 and $62.79 per square foot in 2021.

501 Fifth Avenue Property Overview

Bulding Address: 501 Fifth Ave
Building Alternate address(es): 501 5th Ave
Zip Code:10017
Neighborhood:Grand Central
Borough:Manhattan
Stories:23
Year Built:1916
Building Class:B
Block & lot:01276-0069

Public Transportation

Time and Distance from 501 Fifth Avenue New York, NY 10017
Transit / Subway Distance Walk
5 Avenue-Bryant Park Transit Stop (7) 0.0 mi 1 min
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.2 mi 5 min
Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) 0.2 mi 5 min
Times Square-42 Street Transit Stop (1, 2, 3, 42 St Shuttle, 7, N, Q, R) 0.4 mi 8 min
47-50 Streets-Rockefeller Center Transit Stop (B, D, F, M) 0.5 mi 10 min

Map Location

Internet Providers at 501 Fifth Avenue

Internet Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber 1 Gb/s+ 1 Gb/s+
Level 3 Communications Fiber 1 Gb/s+ 1 Gb/s+
Cablevision/Lightpath Fiber 1 Gb/s+ 1 Gb/s+
Verizon New York Fiber 1 Gb/s 25 Mb/s
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 501 Fifth Avenue
  • Edelstein & Grossman LP leased 894 SF
  • CFP Americas LLC leased 2,290 SF
  • Bedford Investment Group leased 2,149 SF
  • Weather Underground leased 1,664 SF
  • n/a leased 11,000 SF
  • James N Harbo Dds leased 500 SF
  • Jeffrey Cohn leased 500 SF

Retail Tenants Rented / Leased 501 Fifth Avenue
  • Zibetto Espresso Bar leased 600 SF
  • Cosmetics 501 Corportation leased 1,520 SF
Nearby Office Tenants Leased
  • PricewaterhouseCoopers leased 800,000 SF at 300 Madison Ave
  • Vince leased 33,000 SF at 500 Fifth Ave
  • US Bank National Association leased 11,232 SF at 461 Fifth Ave
  • Daikin U.S. Corporation leased 7,671 SF at 475 Fifth Ave
  • vFinance Inc. leased 6,890 SF at 330 Madison Ave
  • Gonzalez, Saggio and Harlan LLP leased 6,035 SF at 292 Madison Ave
  • Novations Group leased 4,600 SF at 489 Fifth Ave

Nearby Retail Tenants Leased
  • Urban Outfitters leased 32,000 SF at 521 Fifth Ave
  • Muji leased 15,500 SF at 475 Fifth Ave
  • Joe Fresh leased 15,000 SF at 510 Fifth Ave
  • Kira Plastinina leased 7,947 SF at 509 Fifth Ave
  • Zero Halliburton Luggage leased 3,900 SF at 300 Madison Ave
  • Chipotle Mexican Grill leased 2,600 SF at 500 Fifth Ave

Office Rent 501 Fifth Avenue Average

Year $ / SF
2018 66.67
2019 67.8
2020 71.44
2021 62.79
2022 60.37
Year $ / SF
2022 39.5
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