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Rent Office 389 Fifth Avenue

$ / SF SF Monthly Rent
$ 42
2,800
$ 9,800

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
5,900
$ 19,175
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1769 $ 775
Interior office/person $ 1350 $ 1269 $ 525
Team Rooms $ 10100 $ 8519 $ 5025
Suites $ 20100 $ 12519 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street $ 64
3,000
$ 16,000
Park Ave & East 34th Street $ 76
4,000
$ 25,333
Fifth Ave & East 36th Street $ 34
4,400
$ 12,283
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 50
2,400
$ 10,100
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 42
7,800
$ 27,300
Fifth Ave & East 32nd Street $ 51
8,000
$ 34,000
Madison Ave & East 31st Street $ 54
15,000
$ 66,875
Madison Ave & East 33rd Street $ 60
8,400
$ 41,650
Lexington Ave & East 33rd Street $ 46
8,300
$ 31,816
Fifth Ave & East 37th Street $ 50
11,000
$ 46,291
Park Ave S & East 31st Street $ 50
7,600
$ 31,350
Address $ / SF SF Monthly Rent
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Madison Ave & East 31st Street $ 62
5,000
$ 25,625
Madison Ave & East 33rd Street $ 78
4,600
$ 29,708
Madison Ave & East 35th Street $ 42
2,600
$ 8,991
Lexington Ave & East 33rd Street $ 46
3,100
$ 12,012
Park Ave S & East 31st Street $ 46
5,200
$ 19,716
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
Madison Ave & East 33rd Street $ 78
2,200
$ 14,208
Madison Ave & East 35th Street $ 41
1,800
$ 6,150
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 33rd St & Fifth Avenue $ 57
3,000
$ 14,250
E 32nd St & Between East 32nd Street $ 50
5,500
$ 22,687
E 33rd St & Madison Avenue $ 48
4,100
$ 16,570
E 31st St & Madison Avenue $ 46
6,200
$ 24,025
Fifth Ave & East 36th Street $ 40
2,800
$ 9,450
E 38th St & Fifth Avenue $ 36
5,400
$ 16,200
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 46
2,000
$ 7,750
Tenant Broker’s Perspective: office buildings being demolished or converted to residential are driving up rental prices at 389 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 389 Fifth Avenue and in the nearby Murray Hill neighborhood.
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Rent 389 Fifth Avenue Property Overview

Building 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 Amenities

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.


Internet at 389 Fifth Avenue

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 Access

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.


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