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Rent/Lease Office 5 Times Sq

Lease Office 5 Times Sq

Rent Sublease Office at 5 Times Sq

$ / SF	SF	Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
W 46th St & Avenue of the Americas	$ 60	25,300	$ 127,554
Fifth Ave & West 44th Street	$ 76	7,800	$ 49,075
Times Sq & West 41st Street	$ 71	9,200	$ 54,433

Address	$ / SF	SF	Monthly Rent
Avenue of the Americas & West 46th Street	$ 41	4,200	$ 14,350
Fifth Ave & West 45th Street	$ 58	2,800	$ 13,533

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent
W 45th St & Avenue of the Americas	$ 45	3,100	$ 11,625

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Type of Space	Class A/month	Class B/month	Class C/month
Windowed office/person
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Fifth Ave & West 44th Street	$ 75	15,100	$ 94,375
Fifth Ave & West 42nd Street	$ 125	8,800	$ 91,666
Avenue of the Americas & West 46th Street	$ 72	27,500	$ 165,000
Avenue of the Americas & West 43rd Street	$ 96	11,500	$ 92,479

Address	$ / SF	SF	Monthly Rent
Avenue of the Americas & West 43rd Street	$ 90	4,700	$ 35,445
W 45th St & Seventh Avenue	$ 72	3,100	$ 18,729
Broadway & Eighth Avenue	$ 64	4,600	$ 24,725
W 47th St & Avenue of the Americas	$ 70	4,500	$ 26,062

Address	$ / SF	SF	Monthly Rent
Avenue of the Americas & West 43rd Street	$ 90	2,200	$ 16,500
W 44th St & Fifth Avenue	$ 75	2,400	$ 15,000
Avenue of the Americas & West 43rd Street	$ 85	1,500	$ 10,625

Address	$ / SF	SF	Monthly Rent
7th Ave & West 40th Street	$ 36	9,500	$ 28,895

Address	$ / SF	SF	Monthly Rent
Broadway & Seventh Avenue	$ 44	2,500	$ 9,062
W 44th St & Thirty Fifth Avenue	$ 48	4,500	$ 18,187
W 41st St & Seventh Avenue	$ 50	2,900	$ 12,083
W 45th St & Sixth Avenue	$ 37	4,400	$ 13,566
W 45th St & Avenue of the Americas	$ 50	3,800	$ 15,675
Broadway & Eighth Avenue	$ 64	4,500	$ 24,000
7th Ave & West 40th Street	$ 42	2,500	$ 8,750
7th Ave & West 48th Street	$ 48	5,600	$ 22,400
W 45th St & Avenue of the Americas	$ 45	3,800	$ 14,250

Address	$ / SF	SF	Monthly Rent
Broadway & Seventh Avenue	$ 42	1,800	$ 6,225
W 44th St & Thirty Fifth Avenue	$ 48	2,000	$ 8,000
Times Sq & Seventh Avenue	$ 56	1,900	$ 8,866
W 45th St & Sixth Avenue	$ 42	2,400	$ 8,400
W 45th St & Avenue of the Americas	$ 45	2,000	$ 7,500
Broadway & Eighth Avenue	$ 64	2,200	$ 11,733
7th Ave & West 40th Street	$ 38	2,200	$ 6,966

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent
W 45th St & Eleventh Avenue	$ 32	3,000	$ 8,000
W 46th St & Between 7th Avenue	$ 34	2,800	$ 7,816

Address	$ / SF	SF	Monthly Rent

Rent Retail 5 Times Sq

$ / SF	SF	Monthly Rent
Negotiable

Rent Medical Space at 5 Times Sq

Medical Direct Offices
Medical Subleases Offices

Nearby Tenants

$ / SF	SF	Monthly Rent
Please notify me when a new space is available

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 5 Times Square. This trend is projected to continue. Opportunities for subleases remain available at 5 Times Square and in the nearby Times Square neighborhood.

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Property Summary

5 Times Square Property Overview

Building Address:	5 Times Sq, New York NY 10036
Building Name:	Five Times Square
Building Alternate Address:	5 Times sq
Zip Code:	10036
Neighborhood:	Times Square
Borough:	Manhattan
Stories:	38
Year Built:	2002
Building Class:	A

5 Times Square, located at the corner of Seventh Avenue and 42nd Street in Manhattan, NYC, is a 37-story office tower that serves as the Ernst & Young National Headquarters. Construction began in the fall of 1999 and was completed in the first half of 2002.

Designed by Kohn Pedersen Fox Associates, the building features a dynamic, asymmetrical form that responds to the zoning demands of the Times Square area. Its angular design maximizes light and floor plates, while its tinted reflective glass maintains uniformity on window and spandrel surfaces.

The building's location in Times Square, known as the "crossroads of the world," offers a 24-hour environment with easy access to mass transit. The area's transformation into a premier corporate location is highlighted by 5 Times Square's presence.

The building's retail base engages pedestrian traffic, with a storefront along Seventh Avenue and 42nd Street, offering prime exposure near the underground train station and the New Amsterdam Theatre.

5 Times Square, also known as 592 Seventh Avenue, is located on the west side of Seventh Avenue between 41st and 42nd Street in Midtown Manhattan, New York City.

Address: 5 Times Square, New York, NY 10036

Alternate Addresses: 592 Seventh Avenue, 200–212 West 42nd Street

5 Times Square Amenities

Located in the heart of Manhattan's Times Square, this building offers a range of amenities to enhance the work experience.

32K SF Amenity Floor: Includes a luxury lounge, bar, restaurant, grab-n-go, fitness center, locker rooms, treatment rooms, and two golf simulators.
32K SF Conference Center: Features meeting spaces for 10 to 266 people, equipped with best-in-class technology and premium hospitality services.
Column-Free Floor Plates: Spacious, 31,000-square-foot floor plates with floor-to-ceiling windows.
24/7 Secured Access: Ensures safety and convenience for tenants.
Commuter Convenience: Immediate access to 16 subway lines, nearby parking garages, and bikeshare stations.
Proximity to Major Transportation Hubs: Close to Port Authority, Penn Station, and Grand Central Terminal.

5 Times Square, located in the heart of Manhattan, NYC, is a prominent office building with a history of notable tenants. Initially developed for Ernst & Young (EY), which leased the entire building upon its completion in 2002, EY later moved to Hudson Yards. The building has seen significant changes in occupancy over the years.

Currently, 5 Times Square is 80% vacant, but it has secured a major lease with Roku, which signed for 240,000 square feet in January 2022. The building's ownership, including RXR and SL Green, is exploring options for converting part of the office space into residential units.

Internet Providers at 5 Times Square, Manhattan, NYC

Several internet service providers offer services in the area around 5 Times Square, Manhattan. Here are some of the top providers:

STARRY: Known for high customer satisfaction, offering fixed wireless services with speeds up to 314 Mbps.
Verizon: Provides fiber-optic internet with speeds up to 2,300 Mbps, covering a significant portion of Manhattan.
Earthlink: Offers fiber-optic internet with speeds up to 2,300 Mbps, available to a large percentage of Manhattan homes.
T-Mobile Home Internet: Provides fixed wireless internet with speeds up to 100 Mbps, widely available in Manhattan.
Spectrum: Offers fiber-optic internet with speeds up to 1,000 Mbps, though coverage is more limited compared to others.

Five Times Square is located in Manhattan, NYC, and offers convenient access to various transportation options. The nearest subway station is Times Square-42 St, just a 2-minute walk away. Subway lines 1, 2, 3, 7X, A, B, M, N, Q, R, S, W, and D are available nearby.

Bus stops are also nearby, with the closest being at 7 Av/W 44 St, just a 1-minute walk away. Buses BXM4, M42, M55, M7, and QM10 serve this area.

The cross streets for Five Times Square are 42nd Street and Seventh Avenue.

Vaultus Professional Service Testimonial

To whom it may concern: I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space. The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent. I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely, Joseph J. Tutrone Vice President Vaultus Professional Service

🤝 Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords. ⚖️ Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price. 🗂️ Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts. 🐷 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) FORLEASE 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 Fee Free Expert Representation Public Websites (Limited/Dated) BROKER DATABASES & NETWORKS (Off-Market, Subleases, Future Availabilities) FREE RENT TI ALLOWANCE (Build-out Cash) OPEX CAPS (Limit Increases) LEASE FLEXIBILITY (Renewal/Expansion Options) 5. Time Savings & Process Management 6. Mitigating Risk (the “Gotchas”) Searching, Scheduling, RFPs Outsourced RE Dept. (Curated Options, Timeline Management) Restoration Clauses Holdover Penalties LEASE PROTECTION Spots Pitfalls in LOI & Lease 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.