Rent Office 389 Fifth Avenue

Lease Office - 389 Fifth Ave

$ / SF SF Monthly Rent
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 46
2,800
$ 10,733
$ / SF SF Monthly Rent

Rent Sublease Office - 389 Fifth Ave

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1770 $ 775
Interior office/person $ 1350 $ 1270 $ 525
Team Rooms $ 10100 $ 8520 $ 5025
Suites $ 20100 $ 12520 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Madison Ave & East 35th Street Negotiable
18,600
Negotiable
Park Ave & East 34th Street Negotiable
9,400
Negotiable
Park Ave S & East 31st Street Negotiable
7,200
Negotiable
Address $ / SF SF Monthly Rent
Park Ave & East 34th Street Negotiable
2,800
Negotiable
Park Ave S & East 31st Street Negotiable
2,500
Negotiable
Address $ / SF SF Monthly Rent
E 37th St & Between Tunnel Approach Street Negotiable
1,900
Negotiable
Park Ave & East 34th Street Negotiable
1,800
Negotiable
Park Ave S & East 31st Street Negotiable
1,900
Negotiable
Address $ / SF SF Monthly Rent
E 32nd St & Between 5th Avenue Negotiable
16,000
Negotiable
Fifth Ave & East 36th Street $ 42
7,800
$ 27,300
Park Ave S & East 32nd Street Negotiable
9,900
Negotiable
Madison Ave & East 31st Street Negotiable
15,000
Negotiable
Park Ave S & East 31st Street Negotiable
7,600
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 31st Street Negotiable
5,000
Negotiable
Madison Ave & East 35th Street Negotiable
3,000
Negotiable
Fifth Ave & East 32nd Street Negotiable
3,800
Negotiable
Park Ave S & East 31st Street Negotiable
5,200
Negotiable
E 38th St & Fifth Avenue Negotiable
5,200
Negotiable
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
Lexington Ave & East 31st Street Negotiable
4,300
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 37th Street $ 55
2,400
$ 11,000
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Fifth Ave & East 32nd Street Negotiable
2,200
Negotiable
Address $ / SF SF Monthly Rent
E 33rd St & Madison Avenue Negotiable
13,000
Negotiable
E 32nd St & Park Avenue Negotiable
7,200
Negotiable
Address $ / SF SF Monthly Rent
E 38th St & Fifth Avenue Negotiable
5,400
Negotiable
Fifth Ave & East 36th Street Negotiable
2,800
Negotiable
E 33rd St & Fifth Avenue $ 60
3,000
$ 15,125
E 32nd St & Between East 32nd Street $ 54
5,500
$ 24,750
E 31st St & Madison Avenue Negotiable
4,400
Negotiable
E 33rd St & Madison Avenue $ 53
4,100
$ 18,108
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue Negotiable
2,000
Negotiable
E 33rd St & Madison Avenue Negotiable
2,400
Negotiable

Retail Spaces for Rent

Rent Retail - 389 Fifth Ave

$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Rent Retail - 389 Fifth Ave

$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Nearby retail Spaces for Rent

Address $ / SF SF Monthly Rent
5th Ave & Between East 30th Street Negotiable
7,700
Negotiable
Park Ave S & East 31st Street Negotiable
3,400
Negotiable
Park Ave & East 32nd Street Negotiable
3,200
Negotiable
Park Ave & East 34th Street $ 120
6,700
$ 67,000
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
5th Ave & Between East 30th Street Negotiable
900
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 31st Street Negotiable
3,000
Negotiable
E 31st St & Between Lexington Negotiable
14,000
Negotiable
Park Ave S & East 32nd Street Negotiable
7,500
Negotiable
E 34th St & Fifth Avenue Negotiable
13,500
Negotiable
Madison Ave & East 37th Street Negotiable
4,500
Negotiable
Fifth Ave & East 36th Street Negotiable
16,800
Negotiable
E 32nd St & Between Lexington Avenue Negotiable
9,400
Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & East 31st Street Negotiable
1,600
Negotiable
Madison Ave & East 31st Street Negotiable
1,500
Negotiable
Madison Ave & East 33rd Street $ 120
1,100
$ 11,000
Park Ave S & East 32nd Street Negotiable
1,000
Negotiable
Madison Ave & East 33rd Street Negotiable
1,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 31st Street Negotiable
1,000
Negotiable
Address $ / SF SF Monthly Rent
Fifth Ave & Between Fifth Avenue Negotiable
5,100
Negotiable
Fifth Ave & East 36th Street $ 42
2,800
$ 9,916
E 33rd St & Madison Avenue $ 72
7,500
$ 45,312
Address $ / SF SF Monthly Rent
E 33rd St & Madison Avenue Negotiable
1,400
Negotiable
Address $ / SF SF Monthly Rent

Rent Medical Space

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby medical Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 37th St & Between Tunnel Approach Street Negotiable
3,100
Negotiable
Address $ / SF SF Monthly Rent
E 37th St & Between Tunnel Approach Street $ 44
2,700
$ 9,900
Address $ / SF SF Monthly Rent
Fifth Ave & West 33rd Street $ 65
8,000
$ 43,333
E 32nd St & Between Lexington Avenue Negotiable
5,500
Negotiable
Address $ / SF SF Monthly Rent
Lexington Ave & East 33rd Street $ 48
4,900
$ 19,804
E 34th St & Between Tunnel Approach Street Negotiable
4,500
Negotiable
E 32nd St & Between Lexington Avenue Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 33rd Street $ 39
2,200
$ 7,150
Park Ave S & East 31st Street $ 55
2,500
$ 11,458
E 36th St & Lexington Avenue $ 68
1,500
$ 8,562
E 34th St & Between Tunnel Approach Street Negotiable
2,900
Negotiable
E 32nd St & Between Lexington Avenue Negotiable
2,000
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 32nd St & Madison Avenue Negotiable
3,800
Negotiable
Address $ / SF SF Monthly Rent
389 Fifth Avenue nyc
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Lease 389 Fifth Avenue

Rent 389 Fifth Avenue Property Overview

Bulding Address: 389 Fifth Ave, New York NY 10016
Building Alternate address: 389 5th Ave
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:12
Year Built:1922
Building Class:B
Block & lot:00866-0001

389 Fifth Avenue, located in the Murray Hill neighborhood of Manhattan, is a 12-story commercial office building constructed in 1930. The building stands on a lot measuring approximately 9,975 square feet, with a total building area of about 122,686 square feet. It is situated between the Grand Central and NoMad submarkets, making it a prime location in Midtown South, New York City.

The site of 389 Fifth Avenue has a rich historical background tied to the evolution of retail and commercial real estate in Manhattan. Originally, in the early 1900s, the location served as the flagship store for B. Altman and Company, a prominent department store chain. Benjamin Altman began assembling the land for the flagship store as early as 1895, acquiring multiple parcels along Fifth Avenue near 35th Street. This strategic acquisition was influenced by anticipated developments such as the nearby Pennsylvania Station and Grand Central Terminal, which increased the commercial appeal of the area.

Construction of the original Altman flagship store began in the mid-1900s, with Trowbridge and Livingston selected as architects. Despite some holdouts in assembling the full block, the store opened its initial sections between 1906 and 1911, eventually covering a vast floor area. The store was notable for its grand entrances on Fifth Avenue and the surrounding streets and reflected the retail boom of the era.

Over time, the property evolved into an office building, reflecting the changing character of the Murray Hill neighborhood and Midtown South. Today, 389 Fifth Avenue functions as a commercial office building, maintaining its significance as part of Manhattan's architectural and commercial history.

389 Fifth Avenue

New York, NY 10016

Located between the Grand Central and Nomad submarkets in Manhattan, NYC.

Constructed in 1922, this 12-story commercial office building offers flexible office spaces with amenities including 24-hour access, controlled entry, on-site property management, security system, and storage options.

Nearby public transit options include subway lines 7, B, F, M, Q, R, and bus routes 160, 28, 320, BXM4, M55 among others. The closest subway station is 34 St-Herald Sq, a 4-minute walk away.


389 Fifth Avenue in Manhattan, NYC offers a range of building amenities, including:

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Storage Space
  • Surface and Covered Parking
  • Complimentary Hot/Cold Beverages
  • WiFi and Utilities Included
  • Central Heat and Air Conditioning
  • Carpeted Areas
  • Male and Female Restrooms
  • IT/Telecoms Support
  • Technical Support and Voicemail Services
  • Boardrooms and Catering Services
  • Kitchen Facilities
  • Janitorial Services
  • Fully Furnished Workspaces
  • Access to Nationwide Office Network

Office Tenants at 389 Fifth Avenue, Manhattan, NYC

  • GMA Accessories
  • Erwin Pearl
  • Idealist
  • Breather

389 Fifth Avenue is a historic 12-story office building located in Midtown Manhattan, offering a mix of notable tenants from various industries.


At 389 Fifth Avenue in Manhattan, residents have access to several top internet providers, including:

  • Verizon Fios: Known for high speeds up to 2 Gbps, Verizon Fios is highly regarded for its reliability and customer service.

Other notable providers in the area include Astound Broadband Powered by RCN and Spectrum, though their specific availability may vary by exact location.

389 Fifth Avenue in Manhattan, NYC, offers convenient access to various public transportation options. The nearest subway station is 34 St-Herald Sq, about a 4-minute walk away, with lines 7, B, F, M, Q, R available.

Bus stops are located nearby, including 5 Av/W 36 St and 5 Av/W 35 St, both approximately a 2-minute walk from the building. Bus lines 160, 28, 320, BXM4, M55, QM12, QM24 are among those that stop near this location.

The nearest train station is 33rd Street, a 6-minute walk away, with options for the PATH, Harlem, and Hudson lines.

Cross streets include West 36th Street and West 37th Street, providing easy access to Fifth Avenue.

Rent Office - 389 Fifth Avenue Average

Year $ / SF
2018 36.0
2019 57.0
2021 46.91
2022 43.53
Year$ / SF

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We love a challenge!

Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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