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 |
|
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
