Rent/Lease 545 First Ave
545 First Avenue represents a premier opportunity within Manhattan’s elite life science corridor, offering unparalleled institutional-grade lab and research infrastructure at the Alexandria Center. From a brokerage perspective, this asset is a strategic cornerstone for biotech and pharmaceutical firms requiring proximity to major medical hubs like NYU Langone and Bellevue. Given the high barriers to entry and the sustained demand for specialized Class A life science space in NYC, we advise that this location offers long-term operational resilience and a unique synergistic ecosystem that justifies its premium positioning in the market.
Lease 545 First Ave
Rent 545 First Ave Property Overview
| Building Address: | 545 First Ave, New York NY 10016 |
| Zip Code: | 10016 |
| Neighborhood: | Murray Hill |
| Borough: | Manhattan |
| Stories: | 10 |
| Year Built: | 1986 |
| Building Class: | C |
History of 545 First Avenue, Manhattan, NYC
545 First Avenue is a building located in the Kips Bay neighborhood of Manhattan, New York City. It was constructed in 1986 and stands 10 stories tall. The building represents a modern development compared to the surrounding historic tenement structures in the area.
The location of 545 First Avenue is in proximity to the historic First Avenue Estates, a notable early 20th-century housing complex built between 1898 and 1915 by the City and Suburban Homes Company. Designed by architect James E. Ware & Sons, the First Avenue Estate was a pioneering model for workers' housing in New York City, featuring light-court tenements with interior courtyards, wide stairwells, and large windows that provided ample light and ventilation. These design features greatly improved living conditions compared to previous cramped and unsanitary tenement buildings.
The First Avenue Estate played a significant role in the social history of the Yorkville area, serving a diverse immigrant population from countries including Serbia, Switzerland, Czechoslovakia, Ireland, Finland, Italy, Austria, and Yugoslavia. This made the neighborhood a vibrant melting pot and provided many immigrants with dignified living conditions as they forged new lives in America.
While 545 First Avenue itself is a relatively recent building from the 1980s, its location is part of a broader historical urban fabric tied to the evolution of housing and community development in Manhattan’s East Side.
545 First Avenue, Manhattan, NYC
Location Details:
- Neighborhood: Kips Bay
- Zip Code: 10016
- Borough: Manhattan
- Block & Lot: 00936-0037
- Lot Size: 28,449 sqft
- Lot Dimensions: 225.67 ft x 126 ft
Property Information:
- Year Built: 1986
- Building Type: Dormitory (H8)
- Stories: 10
- Construction Type: Fireproof
- Building Size: 215,584 sqft
- Number of Units: 1
545 First Ave Amenities
545 First Avenue, Manhattan, NYC offers the following building amenities:
- Building Laundry Room
- Fitness Center
- Granite Countertops
- Hardwood Floors
- Parking Garage
- Pet Friendly
- Private Balconies
- Resident Lounge
- Stainless Steel Appliances
- Walk-in Closets
- Washer/Dryer In Unit
- Controlled Access
- Package Receiving
- Basic Cable Included
- Sewage Included
- Water Included
- Dishwasher
- Garbage Disposal
- Microwave
- Refrigerator
- Stove & Oven
- Courtyard
- Bike Storage
- Additional Storage Available
545 First Avenue, Manhattan, NYC, is primarily known as Greenberg Hall, a facility used by NYU Langone Health. It offers residential housing rather than typical office space. The building includes amenities such as 24-hour lobby staffing and a laundry room but does not accommodate office tenants in the traditional sense.
Internet at 545 First Ave
Internet Providers Available at 545 First Ave, Manhattan, NYC
Verizon Fios
Verizon Fios offers fiber-optic internet with speeds from 300 Mbps up to 2 Gbps. Plans start at $49.99 per month. Known for high speeds, reliable service, and bundles including phone, mobile, and TV options starting around $34.99.
Astound Broadband Powered by RCN
Astound Broadband provides cable and fiber internet services, known for competitive pricing and unlimited data usage on all plans. Fiber coverage has expanded across Manhattan, with plans starting around $20–$55 per month.
Spectrum
Spectrum offers cable internet with speeds up to 1 Gbps. Pricing starts at approximately $30 per month, with no data caps and options for bundling TV and phone services. It is widely available throughout Manhattan.
Optimum
Optimum provides cable and fiber internet options in Manhattan, with speeds ranging broadly (up to 8,000 Mbps depending on location). Prices generally start around $40 per month, with no data caps or contracts.
Xfinity
Xfinity cable internet is available with plans starting near $30 per month, offering reliable coverage in parts of Manhattan.
T-Mobile Home Internet
T-Mobile offers fixed wireless 5G home internet, with typical download speeds ranging from 87 Mbps to 415 Mbps. Pricing generally starts around $50 per month, with no data caps.
HughesNet
HughesNet satellite internet service is also an option, offering reliable connectivity with plans starting at $49.99 per month and 100% availability in the area.
Starlink
Starlink satellite internet provides high-speed internet with monthly prices around $50, available fully in Manhattan.
Verizon Fios
Verizon Fios offers fiber-optic internet with speeds from 300 Mbps up to 2 Gbps. Plans start at $49.99 per month. Known for high speeds, reliable service, and bundles including phone, mobile, and TV options starting around $34.99.
Astound Broadband Powered by RCN
Astound Broadband provides cable and fiber internet services, known for competitive pricing and unlimited data usage on all plans. Fiber coverage has expanded across Manhattan, with plans starting around $20–$55 per month.
Spectrum
Spectrum offers cable internet with speeds up to 1 Gbps. Pricing starts at approximately $30 per month, with no data caps and options for bundling TV and phone services. It is widely available throughout Manhattan.
Optimum
Optimum provides cable and fiber internet options in Manhattan, with speeds ranging broadly (up to 8,000 Mbps depending on location). Prices generally start around $40 per month, with no data caps or contracts.
Xfinity
Xfinity cable internet is available with plans starting near $30 per month, offering reliable coverage in parts of Manhattan.
T-Mobile Home Internet
T-Mobile offers fixed wireless 5G home internet, with typical download speeds ranging from 87 Mbps to 415 Mbps. Pricing generally starts around $50 per month, with no data caps.
HughesNet
HughesNet satellite internet service is also an option, offering reliable connectivity with plans starting at $49.99 per month and 100% availability in the area.
Starlink
Starlink satellite internet provides high-speed internet with monthly prices around $50, available fully in Manhattan.
545 First Ave Access
545 First Avenue, located in the Kips Bay neighborhood of Manhattan, New York City, offers excellent transportation options. The area is recognized as a Walker's Paradise with a Walk Score of 100, meaning daily errands do not require a car. Nearby public transportation includes:
- Rail Lines:
- 4 Lexington Avenue Express: 0.5 miles away
- 6 Lexington Avenue Local: 0.5 miles away
- 7 Flushing Local and 7X Flushing Express: 0.6 miles away
- 5 Lexington Avenue Express: 0.7 miles away
- Bus Lines:
- M15 East Harlem - South Ferry
- M34-SBS East Side - Javits Center
- M34A-SBS Waterside - Port Authority Terminal
- M9 Battery Park City - Kips Bay
The cross streets for 545 First Avenue are East 30th Street to the north and East 29th Street to the south. The area is close to several parks, including Saint Vartan Park and Vincent F Albano Jr Playground.
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- Albert Ellis Institute leased 8,000 SF at 145 East 32nd St
- WeWork leased 7,799 SF at 385 Fifth Avenue
- Global Health Strategies leased 7,300 SF at 38 East 32nd Street
- Interactive Advertising Bureau leased 7,000 SF at 116 East 27th St
- Maxon Furniture leased 6,436 SF at 200 Lexington Ave
- Catchafire leased 5,532 SF at 31 East 32nd Street
- ProMed Personnel Services leased 5,200 SF at 18 East 41st St
- Atlas Talent Agency leased 5,000 SF at 15 East 32nd St
- Futurestep leased 5,000 SF at 148 Madison Ave
- Dynamic Construction Ser… leased 4,400 SF at 274 Madison Ave
Nearby Retail Tenants Leased
- Domus Design Collection leased 27,950 SF at 136 Madison Ave
- Citibank leased 15,000 SF at 411 Fifth Ave
- Open Kitchen 33 leased 9,250 SF at 33 East 33rd St
- Love leased 9,000 SF at 319 Fifth Avenue
- Bozrock Restaurant leased 8,500 SF at 72 Madison Ave
- Yoga Sutra NYC leased 8,000 SF at 6 East 39th St
- Capital One leased 6,822 SF at 470 Park Avenue South
- Laser & Skin Surgery Center of New York leased 6,654 SF at 317 East 34th St
- New York Golf Center leased 6,500 SF at 100 Park Ave
- City MD leased 6,100 SF at 220 East 23rd Street