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Rent/Lease Office 320 5th Ave

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Bryant Park & 6th Avenue $ 62
14,000
$ 72,333
Penn Plaza & West 33rd Street $ 43
29,000
$ 103,916
Broadway & West 36th Street $ 49
11,700
$ 47,775
Address $ / SF SF Monthly Rent
Broadway & West 36th Street $ 54
3,200
$ 14,533
Broadway & West 41st Street $ 56
4,700
$ 22,129
Fifth Ave & West 33rd Street $ 70
4,300
$ 25,083
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,200
$ 10,083
Address $ / SF SF Monthly Rent
W 40th St & Between West 39th Street $ 38
15,100
$ 47,816
W 37th St & Avenue of America $ 36
10,200
$ 31,025
W 37th St & 6th Avenue $ 32
11,400
$ 30,875
Broadway & West 37th Street $ 42
11,100
$ 38,850
Seventh Ave & West 38th Street $ 38
7,700
$ 24,383
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 47
4,400
$ 17,233
Seventh Ave & West 38th Street $ 45
5,200
$ 19,500
W 37th St & Between 5th Avenue $ 50
3,200
$ 13,333
W 37th St & 6th Avenue $ 35
3,500
$ 10,208
Address $ / SF SF Monthly Rent
Fifth Ave & East 35th Street $ 40
2,100
$ 7,000
Seventh Ave & West 38th Street $ 45
2,400
$ 9,000
Penn Plaza & Eighth Avenue $ 40
1,800
$ 6,000
Tenth Ave & West 37th Street $ 46
2,200
$ 8,525
W 36th St & Between 8th Avenue $ 38
1,600
$ 5,066
Address $ / SF SF Monthly Rent
W 37th St & Seventh Avenue $ 30
7,300
$ 18,250
W 36th St & Eight Avenue $ 33
7,800
$ 21,450
W 30th St & Between West 30th Street $ 30
7,100
$ 17,750
W 35th St & Between West 35th Street $ 33
7,500
$ 20,625
Address $ / SF SF Monthly Rent
Broadway & West 32nd Street $ 46
3,500
$ 13,498
W 37th St & Ninth Avenue $ 40
4,500
$ 15,000
W 39th St & Avenue of the Americas $ 35
4,200
$ 12,250
W 30th St & Between West 30th Street $ 32
5,000
$ 13,333
Penn Plaza & West 30th Street $ 47
2,500
$ 9,791
W 36th St & Eight Avenue $ 34
6,000
$ 17,250
W 35th St & Between West 35th Street $ 34
5,300
$ 15,237
W 38th St & Eighth Avenue $ 35
4,400
$ 12,833
W 37th St & Seventh Avenue $ 30
6,800
$ 17,000
W 36th St & Eighth Avenue $ 50
3,700
$ 15,570
Address $ / SF SF Monthly Rent
Penn Plaza & West 30th Street $ 47
2,000
$ 7,833
W 36th St & Eighth Avenue $ 49
2,400
$ 9,800
W 37th St & Eight Avenue $ 45
1,800
$ 6,750
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1801 $ 775
Interior office/person $ 1350 $ 1301 $ 525
Team Rooms $ 10100 $ 8551 $ 5025
Suites $ 20100 $ 12551 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & West 39th Street $ 59
10,900
$ 53,591
Bryant Park & Avenue of America $ 99
7,400
$ 61,050
1 Plz & West 33rd Street $ 105
19,100
$ 167,125
Broadway & West 41st Street $ 70
13,200
$ 77,000
Fifth Ave & West 38th Street $ 56
17,600
$ 82,133
Ninth Ave & Between Dyer Avenue $ 128
9,400
$ 100,266
Address $ / SF SF Monthly Rent
Broadway & West 41st Street $ 55
2,800
$ 12,833
1 Plz & West 33rd Street $ 105
3,200
$ 28,000
W 34th St & Between 7th Avenue $ 70
4,700
$ 27,416
Broadway & West 36th Street $ 67
4,600
$ 25,683
2 & West 31st Street $ 142
5,300
$ 62,716
Fifth Ave & West 38th Street $ 62
3,800
$ 19,791
W 38th St & Avenue of the Americas $ 58
3,500
$ 16,770
W 37th St & Between 5th Avenue $ 64
3,200
$ 17,066
Broadway & West 37th Street $ 68
5,500
$ 30,937
Address $ / SF SF Monthly Rent
1 Plz & West 33rd Street $ 98
2,400
$ 19,600
Broadway & West 37th Street $ 68
2,300
$ 12,937
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 59
7,600
$ 37,366
Broadway & West 39th Street $ 52
21,400
$ 92,733
W 39th St & Avenue of America $ 49
7,800
$ 31,850
Broadway & West 38th Street $ 54
9,500
$ 42,750
W 39th St & Eighth Avenue $ 40
9,300
$ 31,000
W 39th St & Eight Avenue $ 40
11,400
$ 38,000
7th Ave & Between 7th Avenue $ 55
7,800
$ 35,750
Seventh Ave & Sixtenth Street $ 46
10,000
$ 38,333
Eighth Ave & West 36th Street $ 40
7,500
$ 25,000
Eighth Ave & Between 8th Avenue $ 39
7,900
$ 25,675
W 36th St & Avenue of the Americas $ 44
10,000
$ 36,250
Broadway & West 32nd Street $ 43
9,800
$ 35,116
W 38th St & 5th Avenue $ 61
7,500
$ 38,125
Fifth Ave & West 34th Street $ 48
7,400
$ 29,600
Seventh Ave & West 35th Street $ 60
9,300
$ 46,500
Tenth Ave & West 37th Street $ 49
7,900
$ 32,258
W 33rd St & Fifth Avenue $ 40
7,100
$ 23,666
W 34th St & Fifth Avenue $ 30
7,300
$ 18,554
Address $ / SF SF Monthly Rent
W 39th St & Ninth Avenue $ 39
3,500
$ 11,375
Broadway & West 38th Street $ 49
2,800
$ 11,433
W 39th St & Eight Avenue $ 35
3,000
$ 8,750
Seventh Ave & West 38th Street $ 52
3,100
$ 13,433
Broadway & West 39th Street $ 52
3,000
$ 13,000
Eighth Ave & Between 8th Avenue $ 38
2,700
$ 8,550
Eighth Ave & West 35th Street $ 35
3,200
$ 9,333
Eighth Ave & West 36th Street $ 38
2,700
$ 8,550
W 42nd St & Broadway $ 64
2,500
$ 13,333
Address $ / SF SF Monthly Rent
6th Ave & Between Broadway $ 58
1,900
$ 9,183
Broadway & West 39th Street $ 52
1,700
$ 7,366
W 36th St & Between West 36th Street $ 35
1,600
$ 4,666
W 38th St & Between West 37th Street $ 35
2,200
$ 6,416
Seventh Ave & West 40 Street $ 54
1,500
$ 6,750
Eighth Ave & West 35th Street $ 35
1,700
$ 4,958
W 39th St & Ninth Avenue $ 39
1,800
$ 5,850
Eighth Ave & West 37th Street $ 37
1,700
$ 5,241
W 40th St & Avenue of America $ 74
1,600
$ 9,866
Broadway & West 38th Street $ 52
1,900
$ 8,233
W 34th St & Avenue of America $ 45
2,000
$ 7,500
7th Ave & Between 7th Avenue $ 57
1,600
$ 7,600
Eighth Ave & West 36th Street $ 42
2,200
$ 7,700
Avenue of the Americas & West 31st Street $ 79
2,400
$ 15,800
Address $ / SF SF Monthly Rent
W 35th St & Seventh Avenue $ 32
8,500
$ 22,666
W 33rd St & twentieth Road $ 39
8,100
$ 26,325
W 35th St & Seventh Avenue $ 40
8,800
$ 28,966
W 35th St & Fifth Avenue $ 40
8,200
$ 27,675
Eighth Ave & West 36th Street $ 41
16,000
$ 54,666
Eighth Ave & West 39th Street $ 40
11,400
$ 38,000
Broadway & West 31st Street $ 49
7,700
$ 31,441
W 37th St & Eight Avenue $ 46
10,000
$ 38,333
W 35th St & Broadway $ 36
7,700
$ 22,779
W 37th St & Between West 36th Street $ 38
7,200
$ 22,500
W 39th St & Eighth Avenue $ 36
9,200
$ 27,216
W 36th St & Eighth Avenue $ 28
9,500
$ 22,562
W 36th St & Ninth Avenue $ 36
8,500
$ 25,145
Address $ / SF SF Monthly Rent
W 40th St & Eight Avenue $ 25
4,000
$ 8,333
Seventh Ave & West 30th Street $ 35
3,800
$ 11,083
W 35th St & Seventh Avenue $ 44
2,900
$ 10,633
W 35th St & Eighth Avenue $ 32
3,400
$ 9,066
W 38th St & Eighth Avenue $ 39
3,500
$ 11,375
Seventh Ave & West 39th Street $ 45
5,800
$ 21,750
W 35th St & Columbus Avenue $ 40
3,000
$ 10,000
Broadway & West 31st Street $ 46
2,600
$ 9,966
W 36th St & Between Broadway $ 34
6,000
$ 17,250
W 35th St & Seventh Avenue $ 38
4,400
$ 13,933
W 35th St & Between West 35th Street $ 36
5,600
$ 16,800
W 37th St & Ninth Avenue $ 42
4,600
$ 16,057
W 38th St & Between West 37th Street $ 40
2,700
$ 9,112
W 39th St & Fifth Avenue $ 44
6,500
$ 24,104
Address $ / SF SF Monthly Rent
W 38th St & Ninth Avenue $ 32
1,600
$ 4,266
W 30th St & Eighth Avenue $ 28
2,000
$ 4,666
Eighth Ave & West 36th Street $ 38
1,600
$ 5,066
W 37th St & Eight Avenue $ 35
2,400
$ 7,000
W 39th St & Between West 39th Street $ 37
1,700
$ 5,241
W 35th St & Seventh Avenue $ 36
2,300
$ 6,804
W 32nd St & Ninth Avenue $ 50
1,800
$ 7,500
W 35th St & Between West 35th Street $ 36
2,100
$ 6,387

Retail Spaces for Rent at 320 5th Ave

Rent Medical Space at 320 5th Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 320 5th Avenue. This trend is projected to continue. Opportunities for subleases remain available at 320 5th Avenue and in the nearby Penn Plaza/Garment neighborhood.
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320 5th Avenue Property Overview

Building Address: 320 5th Ave, New York NY 10001
Building Alternate Address: 320 Fifth Ave
Zip Code:10001
Neighborhood:Penn Plaza/Garment
Borough:Manhattan
Stories:12
Year Built:1905
Building Class:B
Block & lot:00834-0039

History of 320 5th Avenue, Manhattan, NYC

The building at 320 5th Avenue in Manhattan was originally part of a prestigious residential district in the 19th century. The site housed a brownstone mansion built by Thomas Rigney and later purchased by Isaac Underhill Coles in 1861. By 1877, Mrs. Mary Bell acquired the property for $80,000, a significant sum at the time, reflecting its location at the northwest corner of Fifth Avenue and 32nd Street, near the Astor family mansions, the most exclusive area in Manhattan.

As the 20th century approached, the neighborhood underwent dramatic transformation. The Astor mansions were replaced by commercial buildings, including the Waldorf-Astoria Hotel. By 1903, Mary Bell had also purchased the adjoining Bierstadt house and private stables, consolidating a valuable plot worth approximately $1.25 million. Partnering with developer Henry Corn, she commissioned the construction of an eleven-story store, loft, and office building, which was completed in 1905.

The building initially housed Reed & Barton, a wholesale firm, and by 1921 hosted the Bank of United States headquarters until 1928, when it was downgraded to a branch. Known thereafter as the Bell Building, it continued to serve commercial tenants through much of the 20th century. Notably, Maximillian Toch developed a deodorizing process there in 1922 that was presented to a mayoral committee on waste management.

Through the decades, the building underwent some architectural alterations, including the removal of balconies and decorative cornices, reflecting the more modern tastes of the early 1900s. In the 1960s, Reed & Barton moved out, and the property changed ownership, becoming known as the Brause Building. The Bank of Tokyo Trust Company occupied parts of it until the late 1970s.

Today, while much of its Edwardian ornamentation has been stripped away, the 1905 structure remains a proud historical edifice in the Koreatown neighborhood of Midtown Manhattan. It serves commercial purposes, continuing the legacy of adaptation from a residential mansion to a bustling urban office and retail building over more than a century.

320 5th Avenue, Manhattan, New York, NY 10001

Building Overview

320 Fifth Avenue, also known as The Reed Barton Building, is a 12-story Class B office building with a total size of approximately 120,000 square feet. Built in 1905 and designed by Robert Maynicke, the building features an elegant limestone façade and a gracefully curved corner that contrasts with the nearby Empire State Building.

The building has undergone a comprehensive renovation including a fully modernized lobby with on-site attendant, updated hallways, new wood flooring, operable windows, and fresh elevators. The interior offers flexible floorplans with tenant-controlled air conditioning and creative loft-style offices.

Property Details

  • Year Built: 1905
  • Stories: 11-12 (sources vary between 11 and 12 stories)
  • Building Size: ~120,000 SF
  • Typical Floor Size: Approx. 10,000 SF
  • Building Class: Class B
  • Ceiling Height: 12 feet unfinished ceiling height
  • Lobby: Renovated with attendance 8 AM to 7 PM
  • Elevators: Two passenger elevators and one oversized freight elevator
  • Access: 24/7 card key access
  • Amenities: FIOS internet, bike room, air filtration system in lobby
  • Parking: Surface, tandem, covered options available

Location & Transportation

Located on Fifth Avenue near the intersection with West 32nd Street in the Koreatown neighborhood of Manhattan, this property benefits from a Walk Score of 100/100.

It is one block from the Empire State Building and within close proximity of subway access to the N, R, B, D, and F trains. Public bus lines M1, M2, M3, and M4 serve 5th Avenue along its length.

Space Availability

The building offers multiple spaces ranging from smaller offices (~775 SF) up to full floors (~11,745 SF), suitable for various office needs with flexible leasing terms.


320 5th Ave, Manhattan, NYC - Building Amenities

  • Attended Lobby - Available from 8 AM to 7 PM
  • FIOS and other internet providers - Including Spectrum and Cablevision
  • Bike Room
  • Air Filtration System - Located in the lobby
  • 24/7 Card Key Access
  • Two Passenger Elevators and One Freight Elevator
  • Tenant-controlled air conditioning
  • Renovated Lobby, Hallways, and Bathrooms
  • New Windows - Energy-efficient and operable
  • Fresh Wood Floors Throughout the building

320 5th Avenue, Manhattan, NYC Office Tenants Rented / Leased

320 5th Avenue, also known as The Reed Barton Building, is a 12-story Class B office building located in the Penn Plaza/Garment District of Manhattan, NYC. The building offers creative loft-style offices with flexible floorplans and tenant-controlled air conditioning, blending historic architectural charm with modern upgrades including a renovated lobby, updated hallways, and new operable windows providing ample natural light.

The building has multiple office spaces leased by tenants with a range of sizes and rental rates (rental figures may vary):

  • 6th Floor, Suite 609: 683 SF, office space, south facing views with excellent natural light, available now with negotiable lease term and rental rate.
  • 6th Floor, Suite 611: 1,216 to 1,899 SF, office space featuring glass entry door, hardwood floors, exposed high ceilings, oversized picture windows; can be combined with Suite 609 for a total of 1,899 SF, available now with negotiable lease term and rental rate.
  • Partial 11th Floor Office: Approximately 2,670 SF, windowed offices facing Fifth Avenue, exposed ceilings, tenant-controlled HVAC, available for 3-10 year lease terms starting at around $58/SF with a monthly rent of about $12,905.

Other leased office spaces in the vicinity have rental rates for Class B office space commonly ranging between $55 and $70 per square foot, with flexible leasing options available for various office sizes suitable for startups to established businesses.

Building amenities include 24/7 attended lobby, fiber internet providers offering high-speed connections, bike room, air filtration system in the lobby, freight entrance on W 32nd Street, and proximity to multiple subway lines (N, R, B, D, F) and public transportation options.


  • Verizon Fios - Fiber, 300 Mbps to 2.3 Gbps plans
  • Spectrum - Cable, up to 1 Gbps
  • Astound Broadband - Cable/Fiber, up to 1.5 Gbps
  • T-Mobile Home Internet - 5G, up to 415 Mbps
  • Verizon 5G Home - Wireless, up to 1 Gbps
  • Starry Internet - Fixed Wireless, up to 1 Gbps

320 5th Ave, Manhattan, NYC

Address: 320 5th Ave, New York, NY 10001

Cross Streets: West 32nd Street and West 33rd Street

Transportation Options:

  • Subway: N, R, B, D, and F trains nearby
  • Bus: M1, M2, and M7 buses
  • Car Service: Available nearby

Nearest Landmarks: Empire State Building (1 block away)


Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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