Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent/Lease Office 501 Fifth Ave

$ / SF SF Monthly Rent
$ 45.5
$ 61
$ 65.0

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & East 44th Street $ 65
13,500
$ 73,125
Third Ave & East 39th Street $ 35
49,100
$ 143,208
Lexington Ave & East 43rd Street $ 55
12,900
$ 59,125
5th Ave & East 44th Street $ 70
9,600
$ 56,400
Park Ave & East 45th Street $ 98
9,700
$ 79,216
E 42nd St & Lexington Avenue $ 40
55,700
$ 185,666
Address $ / SF SF Monthly Rent
Park Ave & East 39th Street $ 99
4,200
$ 34,650
Fifth Ave & East 44th Street $ 50
3,300
$ 13,750
E 42nd St & Lexington Avenue $ 49
4,800
$ 19,600
Lexington Ave & East 41st Street $ 63
3,800
$ 19,950
5th Ave & East 44th Street $ 71
7,000
$ 41,416
Park Ave & East 40th Street $ 66
4,300
$ 23,650
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Park Ave & East 40th Street $ 68
2,000
$ 11,250
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 40
10,300
$ 34,333
Lexington Ave & East 41st Street $ 25
7,300
$ 15,056
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
E 42nd St & Lexington Avenue $ 52
4,800
$ 20,800
Lexington Ave & East 41st Street $ 27
5,600
$ 12,716
Madison Ave & East 40th Street $ 59
4,200
$ 20,562
E 41st St & Fifth Avenue $ 47
2,700
$ 10,575
Fifth Ave & East 45th Street $ 54
3,400
$ 15,300
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Lexington Ave & East 40th Street $ 41
2,100
$ 7,175
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Tipo di spazio Classe A/mese Classe B/mese Classe C/mese
Ufficio con finestra/persona
Ufficio interno/persona
Sale per team
Suite

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Vanderbilt Ave & East 43rd Street $ 125
15,800
$ 164,583
Fifth Ave & East 46th Street $ 69
11,400
$ 65,550
Park Ave & East 41st Avenue $ 175
12,200
$ 177,916
Lexington Ave & East 42nd Street $ 69
7,400
$ 42,550
Third Ave & East 40th Street $ 60
27,700
$ 138,500
Park Ave & East 39th Street $ 105
12,400
$ 108,500
E 42nd St & Lexington Avenue $ 69
28,500
$ 163,875
Fifth Ave & East 40th Street $ 85
11,200
$ 79,333
Madison Ave & East 45th Street $ 85
14,200
$ 100,583
E 42nd St & Madison Avenue $ 84
12,700
$ 88,900
Address $ / SF SF Monthly Rent
Park Ave & East 40th Street $ 98
3,200
$ 26,133
E 45th St & Lexington Avenue $ 81
4,300
$ 29,025
Lexington Ave & East 42nd Street $ 67
4,000
$ 22,333
Third Ave & East 40th Street $ 63
3,600
$ 18,900
Third Ave & East 42nd Street $ 70
5,500
$ 32,083
E 42nd St & Lexington Avenue $ 58
4,100
$ 19,816
Vanderbilt Ave & East 44th Street $ 49
5,300
$ 21,641
Third Ave & East 41st Street $ 55
5,100
$ 23,375
Third Ave & East 41st Street $ 70
4,800
$ 28,000
Third Ave & Between East 44th Street $ 65
4,800
$ 26,000
Third Ave & East 46th Street $ 62
4,100
$ 21,183
Third Ave & East 39th Street $ 70
4,700
$ 27,416
Address $ / SF SF Monthly Rent
E 45th St & Lexington Avenue $ 75
2,400
$ 15,000
Lexington Ave & East 42nd Street $ 61
1,500
$ 7,625
Park Ave & East 41st Street $ 85
2,300
$ 16,291
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 59
9,700
$ 47,691
E 42nd St & Lexington Avenue $ 65
8,400
$ 45,500
Madison Ave & East 40th Street $ 66
14,600
$ 79,691
Vanderbilt Ave & East 44th Street $ 79
8,100
$ 53,325
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
E 44th St & Third Avenue $ 58
8,400
$ 40,600
E 45th St & Third Avenue $ 48
7,100
$ 28,400
Madison Ave & East 40th Street $ 59
16,000
$ 78,666
Madison Ave & East 40th Street $ 58
8,800
$ 42,166
Address $ / SF SF Monthly Rent
E 41st St & Fifth Avenue $ 59
5,300
$ 26,058
E 45th St & Third Avenue $ 48
5,000
$ 20,000
Madison Ave & East 40th Street $ 56
6,900
$ 32,200
E 44th St & Third Avenue $ 48
4,500
$ 18,000
E 41st St & Fifth Avenue $ 50
4,000
$ 16,666
E 42nd St & Park Avenue $ 66
6,700
$ 36,850
Madison Ave & East 40th Street $ 45
3,500
$ 13,125
Madison Ave & East 40th Street $ 75
3,600
$ 22,500
Madison Ave & East 41st Avenue $ 56
5,700
$ 26,600
Madison Ave & East 41st Avenue $ 61
2,600
$ 13,216
Lexington Ave & East 41st Street $ 60
3,700
$ 18,500
Vanderbilt Ave & East 44th Street $ 50
4,000
$ 16,666
Fifth Ave & East 45th Street $ 84
6,800
$ 47,600
Third Ave & Between East 44th Street $ 66
4,800
$ 26,400
E 42nd St & Lexington Avenue $ 55
3,300
$ 15,125
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue $ 132
2,000
$ 22,000
E 45th St & Third Avenue $ 47
1,700
$ 6,658
Madison Ave & East 41st Avenue $ 55
2,000
$ 9,166
Lexington Ave & East 40th Street $ 43
2,100
$ 7,525
Lexington Ave & East 44th Street $ 55
1,500
$ 6,875
E 42nd St & Lexington Avenue $ 61
2,200
$ 11,183
E 42nd St & Madison Avenue $ 69
2,100
$ 12,075
Second Ave & East 43rd Street $ 59
2,300
$ 11,308
Madison Ave & East 39th Street $ 52
1,900
$ 8,233
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,400
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 40
7,900
$ 26,004
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
6,000
$ 41,750
E 40th St & Lexington Avenue $ 48
3,000
$ 12,125
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,733

Retail Spaces for Rent at 501 Fifth Ave

Rent Retail 501 Fifth Ave

Rent Medical Space at 501 Fifth Ave

Office Tenants Rented / Leased 501 Fifth Avenue
  • San Sheng Llc leased 500 SF
  • Segal & Lax leased 600 SF
  • Spectrem Design Interiors leased 500 SF
  • Spire Printing & Packaging leased 1,200 SF
  • Patrick Frawley & Associa… leased 350 SF
  • Phim Samarkanuf Lmt leased 500 SF
  • American Standard Capital leased 500 SF
  • Amic 5t New York Inc leased 500 SF
  • Apple Repair Club leased 500 SF
  • Pilates On Fifth leased 6,300 SF
Retail Tenants Rented / Leased 501 Fifth Avenue
  • Dunkin Donuts leased 600 SF
  • Zibetto Espresso Bar leased 600 SF
  • Cosmetics 501 Corportation leased 1,520 SF
Nearby Office Tenants Leased
  • Spaces. leased 138,339 SF at 405 Lexington Ave
  • Simons Foundation leased 136,182 SF at 162 Fifth Ave
  • WeWork leased 135,500 SF at 609 Fifth Avenue
  • Primedia leased 135,000 SF at 261 Madison Ave
  • Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
  • United Nations Population… leased 130,740 SF at 605 Third Ave
  • CIT Group Inc. leased 130,000 SF at 505 Fifth Ave
  • EisnerAmper leased 125,000 SF at 733 Third Avenue
  • Ziff Brothers Investment leased 125,000 SF at 350 Park Avenue
  • Mitsubishi International Corp. leased 122,500 SF at 655 Third Ave
Nearby Retail Tenants Leased
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Buzzfeed leased 11,000 SF at 110 Fifth Avenue
  • Strictly Wood Furniture Co. leased 10,500 SF at 156 Fifth Ave
  • Ben & Jack's leased 10,000 SF at 255 Fifth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • Urban Space leased 10,000 SF at 230 Park Ave
  • HMS International Fabrics Corporation leased 9,600 SF at 720 Fifth Avenue
  • Tommy Bahama leased 9,584 SF at 551 Fifth Ave
  • Oscar Blandi leased 9,300 SF at 545 Madison Ave
$ / 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 501 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 501 Fifth Avenue and in the nearby Grand Central neighborhood.
Find My Space!
501 Fifth Avenue nyc
Thank you! we will be in touch.

Before you go please fill:


Search all rental options at 501 Fifth Ave

501 Fifth Avenue Property Overview

Building Address: 501 Fifth Ave, New York NY 10017
Building Alternate Address: 501 5th Ave
Zip Code:10017
Neighborhood:Grand Central
Borough:Manhattan
Stories:23
Year Built:1916
Building Class:B
Block & lot:01276-0069

The Astor Trust Building, located at 501 Fifth Avenue in Manhattan, was completed in 1917. Designed by architect Montague Flagg, the building showcases a modern take on Renaissance Revival architecture. It features a tripartite configuration with a three-story base, a 14-story midsection, and a detailed top section including double-height columns and ornate friezes.

The building was initially intended to house the Astor Trust Company on a long-term lease, but in the same year it was completed, the Astor Trust merged with Bankers' Trust. Consequently, the main entrance was updated to reflect this change.

Originally, the tenant list was diverse, including firms such as the American Automobile Association, yacht dealers, and publishers. The building also played a role during World War I, offering services to support military families. Over the years, the building has been associated with significant events, including a notable visit by federal investigators in 1921 related to the Auto Ordnance Corporation.

Today, the building, known as the Bankers Trust Building, is a part of Manhattan's vibrant commercial landscape.

501 Fifth Avenue, known as The Astor Trust Building, is a prestigious commercial landmark located in Midtown Manhattan, NYC. Situated at the corner of Fifth Avenue and 42nd Street, it is directly across from the iconic New York Public Library. This prime location offers unparalleled access to world-class amenities and a vibrant business community.

Location Highlights:

  • Convenient Midtown Manhattan location, near Times Square and Bryant Park.
  • Access to major transportation hubs, including Grand Central Terminal and multiple subway stations.

Building Features:

  • Historic charm with modern efficiency, blending classic architecture with contemporary amenities.
  • Approximately 156,997 square feet of rentable office space across multiple floors.
  • Flexible office layouts and advanced technology infrastructure for diverse business needs.
  • Amenities include a modern fitness center, on-site dining options, and a rooftop terrace.

Tenant Community:

The building is home to a diverse tenant community, featuring tech startups, creative agencies, law firms, accounting firms, and public relations companies. This dynamic environment promotes networking and collaboration among tenants.


Building Amenities at 501 Fifth Avenue, Manhattan, NYC

501 Fifth Avenue, also known as The Astor Trust Building, is a distinguished commercial office building combining historic elegance with modern features. Key amenities include:

  • 24-hour doorman providing secure, round-the-clock access
  • Gorgeous, recently renovated lobby with attended reception
  • Electronic directory for efficient navigation and tenant identification
  • On-site landlord and property management team ensuring prompt service
  • Elevators servicing all 23 floors for convenient vertical transit
  • Modern fitness center to support tenant wellness and work-life balance
  • On-site dining options for tenant convenience
  • Rooftop terrace offering panoramic city views and a serene outdoor space
  • Proximity to major transit hubs including Grand Central Terminal, Bryant Park, and Times Square within a short walking distance
  • Highly efficient office layouts with full build-out options available

501 Fifth Avenue, known as The Astor Trust Building, hosts a diverse range of tenants including:

  • ARBA-L New York - Tenant since 2020.
  • BedRock Real Estate - Entered a new lease in 2019.
  • Cha Cha Matcha - Signed a new lease in 2019.
  • DeVito Group - Tenant since 2019.
  • Cho & Hong - Tenant since 2019.
  • F & D Partners - Tenant since 2019.
  • Palmyra Equity - Tenant since 2019.
  • Bryant Park Wine & Spirits - Tenant since 2019.
  • Joanna Vargas LTD - New lease signed in 2018.
  • Dunkin’ Donuts - Tenant since 2018.
  • San Sheng - Tenant since 2018.
  • Joseph Edwards - Tenant since 2007.
  • Abramson Brothers Inc
  • Gotham Footcare PC

Internet Providers at 501 Fifth Ave, Manhattan, NYC

  • Verizon New York
    Technology: Fiber
    Maximum Download Speed: 1 Gbps
    Maximum Upload Speed: 25 Mbps
  • Lightower
    Technology: Fiber
    Maximum Download Speed: 10 Gbps
    Maximum Upload Speed: 10 Gbps
  • Level 3 Communications
    Technology: Fiber
    Maximum Download Speed: 10 Gbps
    Maximum Upload Speed: 10 Gbps
  • Cablevision/Lightpath
    Technology: Fiber
    Maximum Download Speed: 10 Gbps
    Maximum Upload Speed: 10 Gbps

Location

501 Fifth Avenue, Manhattan, New York City, located at the corner of Fifth Avenue and 42nd Street, across from the New York Public Library.

Nearby Cross Streets

Fifth Avenue & 42nd Street

Public Transportation Access

Subway

  • Closest major subway stations within walking distance:
    • 42nd Street–Bryant Park/Fifth Avenue station (served by lines B, D, F, M)
    • Grand Central Terminal (served by lines 4, 5, 6, 7, S)
    • Times Square–42nd Street (served by lines 1, 2, 3, 7, N, Q, R, W, S)

Bus

  • Nearby bus lines include: M1, M2, M3, M4, M5, M7, M50, M101, M102, M104
  • Bus stops close to 5th Avenue near 42nd Street and adjacent blocks

Train

  • Grand Central Terminal nearby provides access to Metro-North Railroad lines (Hudson, Harlem, New Haven)

Walking Access

501 Fifth Avenue is centrally located in Midtown Manhattan, within walking distance of Bryant Park, Times Square, and Rockefeller Center.

Office Tenants Rented / Leased 501 Fifth Avenue
  • San Sheng Llc leased 500 SF
  • Segal & Lax leased 600 SF
  • Spectrem Design Interiors leased 500 SF
  • Spire Printing & Packaging leased 1,200 SF
  • Patrick Frawley & Associa… leased 350 SF
  • Phim Samarkanuf Lmt leased 500 SF
  • American Standard Capital leased 500 SF
  • Amic 5t New York Inc leased 500 SF
  • Apple Repair Club leased 500 SF
  • Pilates On Fifth leased 6,300 SF

Retail Tenants Rented / Leased 501 Fifth Avenue
  • Dunkin Donuts leased 600 SF
  • Zibetto Espresso Bar leased 600 SF
  • Cosmetics 501 Corportation leased 1,520 SF
Nearby Office Tenants Leased
  • Spaces. leased 138,339 SF at 405 Lexington Ave
  • Simons Foundation leased 136,182 SF at 162 Fifth Ave
  • WeWork leased 135,500 SF at 609 Fifth Avenue
  • Primedia leased 135,000 SF at 261 Madison Ave
  • Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
  • United Nations Population… leased 130,740 SF at 605 Third Ave
  • CIT Group Inc. leased 130,000 SF at 505 Fifth Ave
  • EisnerAmper leased 125,000 SF at 733 Third Avenue
  • Ziff Brothers Investment leased 125,000 SF at 350 Park Avenue
  • Mitsubishi International Corp. leased 122,500 SF at 655 Third Ave

Nearby Retail Tenants Leased
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Buzzfeed leased 11,000 SF at 110 Fifth Avenue
  • Strictly Wood Furniture Co. leased 10,500 SF at 156 Fifth Ave
  • Ben & Jack's leased 10,000 SF at 255 Fifth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • Urban Space leased 10,000 SF at 230 Park Ave
  • HMS International Fabrics Corporation leased 9,600 SF at 720 Fifth Avenue
  • Tommy Bahama leased 9,584 SF at 551 Fifth Ave
  • Oscar Blandi leased 9,300 SF at 545 Madison Ave
Office Tenants Rented / Leased 501 Fifth Avenue
  • San Sheng Llc leased 500 SF
  • Segal & Lax leased 600 SF
  • Spectrem Design Interiors leased 500 SF
  • Spire Printing & Packaging leased 1,200 SF
  • Patrick Frawley & Associa… leased 350 SF
  • Phim Samarkanuf Lmt leased 500 SF
  • American Standard Capital leased 500 SF
  • Amic 5t New York Inc leased 500 SF
  • Apple Repair Club leased 500 SF
  • Pilates On Fifth leased 6,300 SF
Retail Tenants Rented / Leased 501 Fifth Avenue
  • Dunkin Donuts leased 600 SF
  • Zibetto Espresso Bar leased 600 SF
  • Cosmetics 501 Corportation leased 1,520 SF
Nearby Office Tenants Leased
  • Spaces. leased 138,339 SF at 405 Lexington Ave
  • Simons Foundation leased 136,182 SF at 162 Fifth Ave
  • WeWork leased 135,500 SF at 609 Fifth Avenue
  • Primedia leased 135,000 SF at 261 Madison Ave
  • Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
  • United Nations Population… leased 130,740 SF at 605 Third Ave
  • CIT Group Inc. leased 130,000 SF at 505 Fifth Ave
  • EisnerAmper leased 125,000 SF at 733 Third Avenue
  • Ziff Brothers Investment leased 125,000 SF at 350 Park Avenue
  • Mitsubishi International Corp. leased 122,500 SF at 655 Third Ave
Nearby Retail Tenants Leased
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Buzzfeed leased 11,000 SF at 110 Fifth Avenue
  • Strictly Wood Furniture Co. leased 10,500 SF at 156 Fifth Ave
  • Ben & Jack's leased 10,000 SF at 255 Fifth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • Urban Space leased 10,000 SF at 230 Park Ave
  • HMS International Fabrics Corporation leased 9,600 SF at 720 Fifth Avenue
  • Tommy Bahama leased 9,584 SF at 551 Fifth Ave
  • Oscar Blandi leased 9,300 SF at 545 Madison Ave

Nothing else matters Software Testimonial

Nothing else matters Software testimonial To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements 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, Donald H. Rutherford CFO
🤝
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?
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”)
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.
Cambiar el idioma del sitio web a Español. Cambia la lingua del sito web in Italiano. Website-Sprache auf Deutsch umstellen. 将网站语言切换为中文。
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!