589 Fifth Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 76 2,800 $ 17,733
$ / SF SF Monthly Rent
Negotiable 3,100 Negotiable
$ 76 3,100 $ 19,633

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
Negotiable 2,800 Negotiable
$ / 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 & East 48th Street $ 51 2,500 $ 10,588
E 47th St & Between 5th Avenue $ 33 2,300 $ 6,253
Fifth Ave & West 47th Street $ 56 1,700 $ 7,933
Fifth Ave & East 49th Street $ 58 2,500 $ 12,000
Address $ / SF SF Monthly Rent
Fifth Ave & East 48th Street $ 39 4,400 $ 14,300
Fifth Ave & Between East 48th Street $ 49 3,500 $ 14,328
Address $ / SF SF Monthly Rent
5th Ave & West 47th Street $ 57 8,000 $ 37,666
Fifth Ave & East 49th Street $ 71 8,000 $ 47,183
Fifth Ave & East 47th Street $ 67 11,100 $ 61,512
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Clemente Capital Testimonial

Clemente Capital testimonial

589 Fifth Avenue

Located in the Plaza District of Manhattan, 589 Fifth Avenue is a 17-story office building that provides 195,345 square feet of high-quality Class A office space available for lease. Built in 1954, this building offers various rental options for offices of different sizes, along with nearby subleases. As of 2022, the average rental rate for offices at 589 Fifth Avenue is $70.0 per square foot. While there are no coworking spaces available, we can assist in securing advantageous deals at no additional cost. The building's advantageous location offers easy access to multiple subway lines, including the B, D, F, and M lines at 47-50 Streets-Rockefeller Center Subway Station, the E and M lines at 5 Avenue-53 Street Subway Station, the 7 line at 5 Avenue-Bryant Park Subway Station, and the 4 and 6 lines at 51 Street Subway Station, and the B, D, F, and M lines at 42 Street-Bryant Park Subway Station, all of which are within walking distance. For more leasing options, please don't hesitate to contact us.

589 Fifth Avenue Property Overview

Bulding Address: 589 Fifth Ave
Bulding Name: 589 5th Avenue
Building Alternate address(es): 589 5th Ave
Zip Code:10017
Neighborhood:Plaza District
Borough:Manhattan
Stories:17
Year Built:1954
Building Class:A
Block & lot:01283-0069

Public Transportation

Time and Distance from 589 Fifth Avenue New York, NY 10017
Transit / Subway Distance Walk
47-50 Streets-Rockefeller Center Transit Stop (B, D, F, M) 0.2 mi 5 min
5 Avenue-53 Street Transit Stop (E, M) 0.3 mi 6 min
5 Avenue-Bryant Park Transit Stop (7) 0.3 mi 7 min
51 Street Transit Stop (4, 6) 0.4 mi 9 min
42 Street-Bryant Park Transit Stop (B, D, F, M) 0.5 mi 10 min

Map Location


Retail Tenants Rented / Leased 589 Fifth Avenue
  • H&M; leased 57,000 SF
Nearby Office Tenants Leased
  • Bank Leumi USA leased 60,000 SF at 579 Fifth Ave
  • Barneys leased 48,000 SF at 575 Fifth Ave
  • Sephora leased 12,482 SF at 597 Fifth Ave
  • Art De La Beaute Corporation leased 8,660 SF at 587 Fifth Ave
  • Halyard Capital Management leased 7,900 SF at 600 Fifth Ave
  • Andiamond LLC leased 5,063 SF at 590 Fifth Ave
  • EGL Gem Labs Ltd. leased 5,000 SF at 580 Fifth Ave
  • N.E.R. Diamonds leased 1,280 SF at 576 Fifth Ave
  • MJH Sales Inc. leased 631 SF at 609 Fifth Ave

Nearby Retail Tenants Leased
  • Guess leased 13,000 SF at 575 Fifth Ave
  • Sunglass Hut leased 7,000 SF at 605 Fifth Ave
  • Free People leased 7,000 SF at 600 Fifth Ave
  • Lao Feng Xiang Jewelry leased 4,500 SF at 585 Fifth Ave
  • Skechers USA leased 2,000 SF at 590 Fifth Ave
  • Michel Cluizel leased 750 SF at 580 Fifth Ave

Office Rent 589 Fifth Avenue Average

Year $ / SF
2018 74.63
2019 91.0
2020 70.0
2021 69.29
2022 70.0
Year $ / SF
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