Rent Office 5 East 59th Street

5 East 59th Street, Manhattan, NYC

This building is located in the heart of Manhattan, within the prestigious Plaza District, directly adjacent to Central Park and not far from iconic landmarks like the Plaza Hotel and Tiffany & Co.

Recent Transformation

In 2015, the nine-story building, originally the Playboy Club, was set to undergo a conversion to house both retail and office spaces. The plan included maintaining retail and showroom areas on the lower levels, while the upper floors were dedicated to office space. The property was purchased for $85 million that summer.

Historical Background

5 East 59th Street was completed in 1984, standing at nine stories tall in the Lenox Hill neighborhood of Manhattan. The street itself, 59th Street, forms a significant boundary between Midtown and Upper Manhattan, offering stunning views and proximity to Central Park.

Current Status

Today, 5 East 59th Street stands as a strategic location for luxury retail and premium office spaces. The building's conversion emphasizes the integration of modern office facilities with exceptional views of the Manhattan skyline and Central Park.

5 East 59th Street is a prestigious address in Manhattan, located between Fifth and Madison Avenues in the heart of the Plaza District. This 9-story commercial building offers a strategic location for both retail and office spaces. Directly facing Apple's iconic Fifth Avenue flagship, it benefits from exceptional foot traffic, attracting luxury shoppers, international tourists, and Manhattan's affluent residents. The building is surrounded by global luxury brands such as Tiffany & Co., Gucci, Balmain, Bottega Veneta, and Louis Vuitton.

The building has a historical significance, having previously been home to the legendary Playboy Club and Snapchat's NYC headquarters. It presents a rare opportunity for businesses to establish a presence in Manhattan's most coveted retail and corporate corridor.

The property features include high ceilings, abundant natural light, and modern office spaces ideal for corporate headquarters or luxury brands. Exclusive amenities include two full-service amenity floors, offering a private lounge and rooftop terrace with panoramic views of Manhattan's skyline.

5 East 59th Street, Manhattan, NYC

Building Amenities

• Premium Office Spaces: Modern, efficient spaces with open layouts, and extensive natural light. Ideal for corporate headquarters or luxury brands.
• Private Lounge & Rooftop Terrace:
  • 9th Floor Private Lounge: Light-filled entertainment space with wraparound outdoor terrace offering city views.
  • 10th Floor Roof Terrace: Sprawling outdoor space with 360-degree Manhattan views, landscaped areas, and comfortable seating.
• Unmatched Location Advantages: Situated between Fifth and Madison Avenues, with direct views of Apple's iconic flagship and Central Park.
• Renowned Neighbors: Surrounded by luxury brands like Tiffany & Co., Gucci, Balmain, Bottega Veneta, and Louis Vuitton.
• Exclusive Amenities for Tenants: Full-service, including brand-new elevators and a full-time lobby attendant.
• Natural Light and High Ceilings: Soaring ceiling heights up to 22 feet, ideal for dramatic brand statements.
• Foot Traffic and Exposure: Exceptional foot traffic from luxury shoppers and international tourists.

Internet providers available near 5 E 59th St, Manhattan, NYC include:

• Verizon Fios: Known for high speeds up to 2.3 Gbps, offering fiber services with plans starting at $49.99.
• Astound Broadband Powered by RCN: Offers both cable and fiber services, with speeds up to 1.5 Gbps and plans starting at $29.99.
• Spectrum: Provides cable internet with speeds up to 1 Gbps, starting at $30 per month.
• T-Mobile Home Internet: Offers fixed wireless internet with speeds up to 100 Mbps.

Availability might vary based on building infrastructure and specific addresses.