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Rent/Lease Apartment 785 Fifth Ave
Why Optimal Spaces –
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1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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785 Fifth Ave Property Overview
| Building Address: | 785 Fifth Ave, New York NY 10022 |
| Building Name: | The Parc V |
| Zip Code: | 10022 |
| Neighborhood: | Lenox Hill |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1963 |
| Building Class: | B |
785 Fifth Avenue (Park Cinq/Parc V) History
Built in 1962-1963 by architects Emery Roth & Sons for Fisher Brothers, this 18-story luxury cooperative at 785 Fifth Avenue features a modernist design with ziggurat-like setbacks and Central Park views. Initially marketed as "the world's most luxurious multiple dwelling," it included advanced 1960s amenities like marble bathrooms, parquet floors, and noise-reducing windows.
- Notable Residents: David Geffen ($54M penthouse purchase in 2012), Denise Rich, shipping magnate Daniel K. Ludwig (original penthouse resident), and former Warner Bros. CEO Robert A. Daly.
- Architectural Significance: Part of the Upper East Side Historic District, noted for its white brick façade and tiered upper floors. Preservation debates have arisen over terrace enclosures affecting its original design.
785 Fifth Avenue, Manhattan, NYC, is also known by alternative names such as Parc V and Park Cinq (Park V). This luxury cooperative apartment building is located on the Upper East Side in the Lenox Hill area. Completed in 1963, it offers a prestigious address at the intersection of Fifth Avenue and 60th Street, directly across from Central Park and Grand Army Plaza.
The building features 58 units, with amenities that include a doorman, central air, an exercise room, and central laundry. It is renowned for its high level of service and security, making it one of Fifth Avenue's most elegant White Glove co-operatives.
Constructed by Emery Roth & Sons, the building boasts 17 floors and is clad in limestone with oversized windows, many offering direct views of Central Park.
- Full-time doorman
- Elevator
- Live-in super
- Garage parking
- Storage space
- Bike room
- Laundry in building
- Fitness room/gym
- Package room
- 24-hour access/security
- Maid service access
- Limousine service access
- Central air conditioning
- Professional units permitted
- Pied-à-terres/international purchasers allowed
- Central laundry room
785 Fifth Avenue, located in Manhattan's Lenox Hill neighborhood, is a luxury retail space at the convergence of Billionaires' Row and Fifth Avenue. The property is near Central Park and features a new storefront with enlarged windows and enhanced signage, as approved by the Landmarks Preservation Commission (LPC). The retail space is approximately 12,215 square feet across two levels, with 17-foot ceilings on the ground floor and a sprawling lower level.
Audemars Piguet, a luxury Swiss watchmaker, has leased the entire 12,000 square feet of ground-floor retail space here. This location marks the company's third presence in Manhattan, joining existing sites at 66 East 57th Street and a service center at 52-58 Gansevoort Street.
The area is renowned for its prestigious luxury brands and elite residential buildings, offering a unique setting that combines prestige, culture, and convenience for both residents and tourists.
Internet Providers at 785 Fifth Ave, Manhattan, NYC
- Verizon Fios: Known for its fiber-optic service, offering high speeds up to 2.3 Gbps, available in about 85.3% of Manhattan.
- Spectrum: Offers cable internet with speeds up to 1 Gbps and affordable pricing starting at $30/month.
- Optimum: Fastest provider in the area, but availability is about 42.5%.
- T-Mobile Home Internet: Offers 5G home internet with typical download speeds between 133 Mbps – 415 Mbps, available in about 80.7% of the area.
785 Fifth Avenue, Manhattan, NYC
Cross Streets: Fifth Avenue and 60th Street
Neighborhood: Lenox Hill, Manhattan
Nearby Landmarks: Across from the Plaza Hotel & Residences, next to the Sherry-Netherland Hotel, near Grand Army Plaza and Central Park South entrance
Transportation
- Subway: 5 Avenue-59 Street Station serving N, Q, and R lines
- Positioned directly in front of the subway entrance
- Access to multiple bus routes along Fifth Avenue and 60th Street
- TD Securities Inc leased 142,712 SF at 31 West 52nd St
- Simons Foundation leased 136,182 SF at 162 Fifth Ave
- WeWork leased 135,500 SF at 609 Fifth Avenue
- Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
- Grant Thornton LLP leased 130,357 SF at 757 Third Ave
- Holland & Knight leased 130,296 SF at 900 Third Ave
- CIT Group Inc. leased 130,000 SF at 505 Fifth Ave
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Alvarez & Marsal Holdings… leased 128,798 SF at 600 Madison Ave
- Katten leased 125,000 SF at 50 Rockefeller Plaza
- Uniqlo leased 11,500 SF at 155 Fifth Ave
- Urbanspace leased 11,400 SF at 570 Lexington Avenue
- Gap leased 11,000 SF at 126 Fifth Ave
- Ann Taylor leased 11,000 SF at 600 Fifth Ave
- Buzzfeed leased 11,000 SF at 110 Fifth Avenue
- Madison Chophouse leased 10,700 SF at 3 East 54th Street
- Strictly Wood Furniture Co. leased 10,500 SF at 156 Fifth Ave
- Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
- Ben & Jack's leased 10,000 SF at 255 Fifth Ave
- CVS Pharmacy leased 10,000 SF at 757 Third Ave
Onsite Networks Testimonial
I am writing in recognition of the quality service provided by Optimal Spaces Inc. and Stephen Sunderland in finding us a sublease at 41 Madison Avenue. We strongly recommend them for the excellent job they did. They were efficient and responsive in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Dennis Jules Kessler
Chief Financial Officer
On Site Networks, Inc