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

Rent/Lease Office 589 Fifth Ave

Lease Office 589 Fifth Ave

$ / SF SF Monthly Rent
$ 75.0
$ / SF SF Monthly Rent
Negotiable

Rent Sublease Office at 589 Fifth Ave

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 57th St & Avenue of the Americas $ 112
25,000
$ 232,291
Avenue of the Americas & West 55th Street West 56th Street $ 64
7,300
$ 38,933
Madison Ave & East 54th Street $ 80
31,000
$ 206,666
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
Lexington Ave & East 50th Street $ 54
4,000
$ 18,000
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Fifth Ave & West 52nd Street $ 78
4,400
$ 28,600
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 76
2,200
$ 14,025
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of America $ 531
5,100
$ 225,675
Address $ / SF SF Monthly Rent
W 57th St & Avenue of America $ 531
2,300
$ 101,775
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Tipo de espacio Clase A/mes Clase B/mes Clase C/mes
Oficina con ventana/persona
Oficina interior/persona
Salas de equipo
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 158
19,300
$ 253,312
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 80
3,500
$ 23,187
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Address $ / SF SF Monthly Rent
Third Ave & East 49th Street $ 60
2,000
$ 10,000
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Fifth Ave & West 47th Street $ 73
1,900
$ 11,558
Avenue of the Americas & West 51th Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Park Ave & East 56th Street $ 98
1,900
$ 15,516
Address $ / SF SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF SF Monthly Rent
Park Ave & East 59th Street $ 70
6,200
$ 35,908
Madison Ave & East 49th Street $ 56
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42
3,400
$ 12,041
W 57th St & Avenue of America $ 68
4,100
$ 23,233
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 59th St & Second Avenue $ 93
3,200
$ 24,880
E 61st St & Barclay Street $ 61
2,500
$ 12,708
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
Address $ / SF SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,270
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 65
2,100
$ 11,375
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Madison Ave & East 49th Street $ 65
2,000
$ 10,833
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 31,062
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
E 59th St & Between 2nd Avenue $ 66
6,500
$ 35,479
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 589 Fifth Ave

Retail Tenants Rented / Leased 589 Fifth Avenue
  • H&M; leased 57,000 SF
Nearby Office Tenants Leased
  • New School leased 212,810 SF at 79 Fifth Ave
  • Meredith Corporation leased 212,594 SF at 805 Third Ave
  • A+E Networks leased 206,966 SF at 235 East 45th St
  • Bloomberg leased 204,442 SF at 919 Third Avenue
  • Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
Nearby Retail Tenants Leased
  • CB2 leased 13,265 SF at 979 Third Ave
  • The Donnell Library Center leased 13,124 SF at 485 Lexington Ave
  • Club Monaco leased 13,000 SF at 597 Fifth Avenue
  • Guess leased 13,000 SF at 575 Fifth Ave
  • Lyceum Kennedy International School leased 12,708 SF at 815 Second Avenue
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • Staples leased 12,000 SF at 675 Third Ave
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Mackage leased 11,555 SF at 404 Fifth Avenue
$ / 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 589 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 589 Fifth Avenue and in the nearby Plaza District neighborhood.
Find My Space!
589 Fifth Avenue nyc
Thank you! we will be in touch.

Before you go please fill:



Search all rental options at 589 Fifth Ave

589 Fifth Avenue Property Overview

Building Address: 589 Fifth Ave, New York NY 10017
Building Name: 589 5th Avenue
Building Alternate Address: 589 5th Ave
Zip Code:10017
Neighborhood:Plaza District
Borough:Manhattan
Stories:17
Year Built:1954
Building Class:A
Block & lot:01283-0069

589 Fifth Avenue, located in Midtown Manhattan, New York City, is a notable building designed by Emery Roth & Sons. Completed in 1954, it stands at the southeast corner of Fifth Avenue and East 48th Street.

The building has undergone significant transformations over the years. In the early 1990s, it was re-clad with an aluminum and glass curtain wall, modernizing its exterior. Notably, H&M opened its largest store at this location in 2014, transforming the interior with a five-story atrium and elaborate design elements.

The property's current tax assessor's market value is approximately $140,817,000, reflecting its prime location in Central Midtown. The building is classified as an office with commercial spaces, spanning 17 stories.

589 Fifth Avenue, Manhattan, NYC is located in the heart of Midtown. This address is also known as 2-4 E 48th St, New York, NY 10017.

The building at 589 Fifth Avenue is an office and commercial structure with 17 stories, built in 1954 and last altered in 2013. It has a total area of 156,319 square feet.

The property is situated in Central Midtown, offering proximity to various amenities and transportation options.


589 Fifth Avenue offers the following building amenities:

  • Air Conditioning
  • Banking
  • Bus Line
  • Conferencing Facility
  • Metro/Subway
  • Natural Light
  • Property Manager on Site
  • 24/7 Access
  • Wired Certified Gold for top-tier connectivity infrastructure
  • Multiple high-quality internet service providers

589 Fifth Avenue in Manhattan, NYC, is a 17-story Class A office building. It has been renovated to serve as a premier location, offering tenants both prestige and convenience.

Some notable tenants in the vicinity include:

  • Bank Leumi USA at 579 Fifth Avenue
  • Barneys at 575 Fifth Avenue
  • Sephora at 597 Fifth Avenue

Current tenants at 589 Fifth Avenue include:

  • Assael International Inc
  • Bernard Nacht & Co
  • Friman & Stein Inc
  • Gad International Ltd
  • Krainz Creations Inc

The building features 24/7 access and is Wired Certified Gold, ensuring top-tier connectivity infrastructure.


Internet Providers at 589 Fifth Ave, Manhattan, NYC:

  • Verizon Fios: Known for its high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and widespread availability.

589 Fifth Avenue, Manhattan, NYC is conveniently located near several public transportation options.

Nearest Subway Stations:
- 47-50 Sts-Rockefeller Ctr (7-minute walk)
- 5 Av (8-minute walk)
- 5 Av/53 St (8-minute walk)

Nearest Train Stations:
- Grand Central Madison (2-minute walk)
- Grand Central (4-minute walk)

Bus Stops:
- 5 Av/W 48 St (2-minute walk)
- 5th Ave & W 47th St (2-minute walk)
- Madison Ave @ 47th St (2-minute walk)

Cross Streets:
- West 47th Street
- West 48th Street


Retail Tenants Rented / Leased 589 Fifth Avenue
  • H&M; leased 57,000 SF
Nearby Office Tenants Leased
  • New School leased 212,810 SF at 79 Fifth Ave
  • Meredith Corporation leased 212,594 SF at 805 Third Ave
  • A+E Networks leased 206,966 SF at 235 East 45th St
  • Bloomberg leased 204,442 SF at 919 Third Avenue
  • Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave

Nearby Retail Tenants Leased
  • CB2 leased 13,265 SF at 979 Third Ave
  • The Donnell Library Center leased 13,124 SF at 485 Lexington Ave
  • Club Monaco leased 13,000 SF at 597 Fifth Avenue
  • Guess leased 13,000 SF at 575 Fifth Ave
  • Lyceum Kennedy International School leased 12,708 SF at 815 Second Avenue
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • Staples leased 12,000 SF at 675 Third Ave
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Mackage leased 11,555 SF at 404 Fifth Avenue
Retail Tenants Rented / Leased 589 Fifth Avenue
  • H&M; leased 57,000 SF
Nearby Office Tenants Leased
  • New School leased 212,810 SF at 79 Fifth Ave
  • Meredith Corporation leased 212,594 SF at 805 Third Ave
  • A+E Networks leased 206,966 SF at 235 East 45th St
  • Bloomberg leased 204,442 SF at 919 Third Avenue
  • Polo Ralph Lauren leased 200,000 SF at 650 Madison Ave
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
Nearby Retail Tenants Leased
  • CB2 leased 13,265 SF at 979 Third Ave
  • The Donnell Library Center leased 13,124 SF at 485 Lexington Ave
  • Club Monaco leased 13,000 SF at 597 Fifth Avenue
  • Guess leased 13,000 SF at 575 Fifth Ave
  • Lyceum Kennedy International School leased 12,708 SF at 815 Second Avenue
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • Staples leased 12,000 SF at 675 Third Ave
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Mackage leased 11,555 SF at 404 Fifth Avenue

Recent News About 589 Fifth Avenue

Abrams Garfinkel & Rosen Testimonial

Abrams Garfinkel & Rosen testimonial Dear Stephen: On behalf of my partners and myself, I want to thank you for your representation, assistance and support in connection with our search for new office space. We have worked with many brokers over the last eighteen months, but you were the only one who truly listened and tried to understand what our requirements, limitations and needs were. As a result of your diligence and persistence, we have been able to sign a lease for a space that meets all of our physical, aesthetic and economic criteria. You have done an excellent job on our behalf, and we are truly appreciative. Please feel free to share this letter with any of your potential clients, as we would wholeheartedly recommend your services to others. Once again, thank you for everything. Sincerely, Neil B. Garfinkel
🤝
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.
Find My Space!