555 Fifth Avenue
Class: A + 10017 Buildings Grand Central
Direct Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 3,800 | Negotiable |
| $ 56 | 4,300 | $ 19,914 |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 5,100 | Negotiable |
| $ 56 | 8,400 | $ 38,902 |
Sublease Office Spaces for Rent
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 |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & West 45th Street | $ 118 | 6,200 | $ 61,121 |
| Fifth Ave & East 45th Street | $ 55 | 7,300 | $ 33,458 |
| Fifth Ave & West 45th Street | $ 117 | 6,000 | $ 58,300 |
| Fifth Ave & East 46th Street | $ 76 | 9,300 | $ 58,900 |
| Fifth Ave & West 44th Street | $ 68 | 14,800 | $ 83,774 |
| Fifth Ave & East 47th Street | $ 55 | 9,000 | $ 41,325 |
| Madison Ave & East 46th Street | $ 61 | 6,000 | $ 30,637 |
555 Fifth Avenue Retail Spaces for Rent
Retail Spaces for Rent
Thank you! we will be in touch.
Innisfree Mergers and Acquisitions Testimonial
555 Fifth Avenue
The 20-story office building located in the Grand Central neighborhood of Manhattan is known as 555 Fifth Avenue. It offers 243,294 square feet of Class A office space for rent, catering to a diverse range of businesses with various options such as rental, leasing, coworking, and subleasing. Barnes & Noble is one of the notable tenants in this building. Constructed in 1955, it provides offices of different sizes as well as coworking spaces. The location is highly convenient for commuting as it is close to multiple subway lines, including the 7, B, D, F, M, and E trains, all within an 8-minute walk. Renting an office at 555 Fifth Avenue is relatively cost-effective compared to current market trends, with the average rent decreasing from $225.0 per square foot in 2019 to $64.0 per square foot in 2020. Additionally, subleasing is an option, and neighboring buildings also offer additional leasing opportunities.
555 Fifth Avenue Property Overview
| Bulding Address: | 555 Fifth Ave |
| Building Alternate address(es): | 555 5th Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 20 |
| Year Built: | 1955 |
| Building Class: | A |
| Block & lot: | 01281-0069 |
Public Transportation
Time and Distance from 555 Fifth Avenue New York, NY 10017| Transit / Subway | Distance | Walk |
|---|---|---|
| 5 Avenue-Bryant Park Transit Stop (7) | 0.2 mi | 5 min |
| 47-50 Streets-Rockefeller Center Transit Stop (B, D, F, M) | 0.3 mi | 6 min |
| 5 Avenue-53 Street Transit Stop (E, M) | 0.4 mi | 8 min |
| 42 Street-Bryant Park Transit Stop (B, D, F, M) | 0.4 mi | 8 min |
| Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) | 0.4 mi | 9 min |
Map Location
Office Tenants Rented / Leased 555 Fifth Avenue
Retail Tenants Rented / Leased 555 Fifth Avenue
- Jewels by Star leased 10,153 SF
- Floyd Advisory LLC leased 3,920 SF
- Ostrow Kaufman & Frankl LLP leased 6,844 SF
- GEP II LLC leased 10,493 SF
- Harris Corp. leased 17,460 SF
- Laugrom Communications leased 4,780 SF
- Barry Fischer Law Firm leased 1,320 SF
Retail Tenants Rented / Leased 555 Fifth Avenue
- Barnes & Noble leased 34,000 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Reis leased 33,000 SF at 530 Fifth Ave
- Institutional Credit Partners leased 20,383 SF at 360 Madison Ave
- Mimi So International LLC leased 9,000 SF at 550 Fifth Ave
- Kleinberg, Kaplan, Wolff & Cohen PC leased 9,000 SF at 551 Fifth Ave
- Ascent Media Group leased 8,582 SF at 545 Fifth Ave
- Access Markets International Partners leased 7,446 SF at 546 Fifth Ave
- Lifesource Chiropractic leased 2,526 SF at 535 Fifth Ave
Nearby Retail Tenants Leased
- General Electric leased 37,000 SF at 530 Fifth Ave
- Guess leased 13,000 SF at 575 Fifth Ave
- Tommy Bahama leased 8,500 SF at 551 Fifth Ave
- Ricky's leased 3,500 SF at 550 Fifth Ave
Office Rent 555 Fifth Avenue Average
| Year | $ / SF |
|---|---|
| 2018 | 57.17 |
| 2019 | 225.0 |
| 2020 | 64.0 |
| Year | $ / SF |
|---|---|
| 2018 | 46.5 |
| 2022 | 52.0 |
