500 Fifth Avenue

Direct Office Spaces for Rent

$ / SF SF Monthly Rent
$ 60 2,000 $ 10,054
$ / SF SF Monthly Rent
Negotiable 3,200 Negotiable
$ 109 3,100 $ 28,145
$ / SF SF Monthly Rent
Negotiable 5,100 Negotiable
$ 60 5,100 $ 25,436

Sublease Office Spaces for Rent

$ / SF SF Monthly Rent
$ 85 2,300 $ 16,291
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Negotiable 5,500 Negotiable

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
E 41st St & Fifth Avenue $ 46 2,000 $ 7,666
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 42nd Street $ 67 10,800 $ 59,850
Fifth Ave & West 42nd Street $ 68 8,700 $ 49,590
Fifth Ave & East 42nd Street $ 60 7,100 $ 35,500
Fifth Ave & East 41st Street $ 69 5,800 $ 33,350
W 42nd St & Fifth Avenue $ 72 12,900 $ 76,862
Fifth Ave & East 44th Street $ 87 6,000 $ 43,500
5th Ave & East 44th Street $ 58 12,600 $ 60,847
Fifth Ave & West 43rd Street $ 72 11,800 $ 70,529

500 Fifth Avenue Retail Spaces for Rent

Retail Spaces for Rent

$ / SF SF >Monthly Rent
Negotiable 1,700 Negotiable
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
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Argent Trading Testimonial

Argent Trading testimonial

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.

500 Fifth Avenue Property Overview

Bulding Address: 500 Fifth Ave
Bulding Name: 500 Fifth Avenue
Building Alternate address(es): 500 5th Ave
Zip Code:10110
Neighborhood:Times Square
Borough:Manhattan
Stories:58
Year Built:1938
Building Class:A
Block & lot:01258-0034

Public Transportation

Time and Distance from 500 Fifth Avenue New York, NY 10110
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) 0.3 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

Map Location

Internet Providers at 500 Fifth Avenue

Internet Provider Technology Max Download Speed Max Upload Speed
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
Cogent Communications Fiber 10 Gb/s 10 Gb/s
tw telecom Fiber 10 Gb/s 10 Gb/s
Stealth Communications Fiber 10 Gb/s 10 Gb/s
Office Tenants Rented / Leased 500 Fifth Avenue
  • Vince leased 33,000 SF
  • Kanematsu leased 10,914 SF
  • Argus Media Inc. leased 4,538 SF
  • Forward Insight Commodities leased 1,224 SF
  • New Vision Communications Corp. leased 2,050 SF
  • Consulate General of Ecuador leased 3,093 SF
  • Bliss Integrated Communi… leased 26,395 SF

Retail Tenants Rented / Leased 500 Fifth Avenue
  • Zara leased 21,634 SF
  • Chipotle Mexican Grill leased 2,600 SF
Nearby Office Tenants Leased
  • PricewaterhouseCoopers leased 800,000 SF at 300 Madison Ave
  • group of family trusts leased 160,000 SF at 511 Fifth Avenue
  • American Capital Strategies leased 32,600 SF at 505 Fifth Ave
  • Daikin U.S. Corporation leased 7,671 SF at 475 Fifth Ave
  • vFinance Inc. leased 6,890 SF at 330 Madison Ave
  • Novations Group leased 4,600 SF at 489 Fifth Ave
  • Weather Underground leased 1,664 SF at 501 Fifth Ave

Nearby Retail Tenants Leased
  • Urban Outfitters leased 32,000 SF at 521 Fifth Ave
  • Best Buy leased 28,840 SF at 529 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
  • Cosmetics 501 Corportation leased 1,520 SF at 501 Fifth Ave

Office Rent 500 Fifth Avenue Average

Year $ / SF
2018 64.83
2019 72.0
2021 78.0
2022 82.0
Year $ / SF
2018 72.0
2020 50.0
2021 39.0
2022 92.0
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