500 Fifth Avenue

500 Fifth Avenue, located in the bustling Times Square area of Manhattan, is an impressive 58-story office building. It offers Class A-rated office space for rent, suitable for businesses of all sizes. Constructed in 1938, this building provides a variety of customizable office options, totaling 687,565 square feet. Tenants have the flexibility to select from multiple fiber providers, including Lightower, Level 3 Communications, Cablevision/Lightpath, Cogent Communications, tw telecom, and Stealth Communications.

Currently, notable tenants such as Vince, W.W. Norton & Company, and Kleinberg, Kaplan, Wolff occupy 500 Fifth Avenue. While on-site amenities and coworking options are not available at the moment, Optimal Spaces can assist in finding the best coworking deals without any extra charges.

Transportation options around 500 Fifth Avenue are abundant due to its strategic location. The 5 Avenue-Bryant Park Subway Station, which provides access to the 7 train lines, is just a minute's walk away. Additionally, the B, D, F, M train lines and the 42 Street-Bryant Park Subway Station can be reached within a five-minute walk. Other nearby subway lines, such as the 4, 42 St Shuttle, 5, 6, 7 train lines and the Grand Central-42 Street Subway Station, or the 1, 2, 3, 42 St Shuttle, 7, N, Q, R train lines and the Times Square-42 Street Subway Station, are within an eight to ten-minute walk. Sublease options may also be available for 500 Fifth Avenue.

When considering leasing office space at 500 Fifth Avenue, it's important to note that the average office rent per square foot increased from $78.00 in 2021 to $82.00 in 2022, following market trends. With its prime location and diverse range of amenities, 500 Fifth Avenue is an excellent opportunity for businesses looking to establish a prestigious presence in New York City.