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Rent/Lease Office 609 Fifth Ave, New York, NY (DZ Bank Building)

Class B 10017 Buildings Plaza District

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 111.5
25,000
$ 232,291
Avenue of the Americas & West 55th 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 / Yr 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 $ 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 / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 76.5
2,200
$ 14,025
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of the Americas Negotiable
5,100
Negotiable
Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas Negotiable
2,300
Negotiable
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr 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 / Yr SF Monthly Rent
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 157.5
19,300
$ 253,312
Park Ave & East 58th Street $ 125
11,300
$ 117,708
Address $ / SF / Yr SF Monthly Rent
Third Ave & East 49th Street $ 50
4,300
$ 17,916
Park Ave & East 54th Street $ 79.5
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 / Yr 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 51st 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 / Yr 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 / Yr SF Monthly Rent
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
Madison Ave & East 49th Street $ 55.55
3,400
$ 15,739
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
W 57th St & Avenue of the Americas $ 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
3,200
$ 24,880
E 61st St & Second Avenue $ 61
2,500
$ 12,708
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
Address $ / SF / Yr SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44.5
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 $ 59
1,900
$ 9,341
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
W 57th St & Avenue of the Americas $ 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 / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 52.5
7,100
$ 31,062
Address $ / SF / Yr SF Monthly Rent
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 609 Fifth Ave

Rent Retail 609 Fifth Ave

$ / SF / Yr SF Monthly Rent
Negotiable

Rent Medical Space at 609 Fifth Ave

Office Tenants Rented / Leased 609 Fifth Avenue
  • DG Hyp leased 0 SF
  • Melillo Consulting Inc leased 500 SF
  • Vince leased 2,000 SF
  • WeWork leased 135,500 SF
  • DVB Transport (US) AG leased 10,498 SF
Retail Tenants Rented / Leased 609 Fifth Avenue
  • Puma leased 24,000 SF
Nearby Office Tenants Leased
  • Wachtell, Lipton, Rosen & Katz LLP leased 242,464 SF at 51 West 52nd St
  • Colgate-Palmolive Company leased 241,657 SF at 300 Park Avenue
  • Bank of America Private B… leased 240,408 SF at 114 West 47th St
  • Kohlberg Kravis Roberts &… leased 240,100 SF at 9 West 57th St
  • Time Inc. leased 240,000 SF at 135 West 50th St
Nearby Retail Tenants Leased
  • Oceana Restaurant leased 18,800 SF at 1221 Sixth Ave
  • Riad Nasr & Lee Hanson leased 18,000 SF at 45 Rockefeller Plaza
  • Charles Schwab & Co. leased 18,000 SF at 51 West 52nd St
  • DKNY leased 17,776 SF at 655 Madison Ave
  • Staples leased 17,500 SF at 452 Fifth 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 609 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 609 Fifth Avenue and in the nearby Plaza District neighborhood.
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Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

609 Fifth Avenue, New York, NY Property Overview

Building Address: 609 Fifth Ave, New York NY 10017
Building Name: DZ Bank Building
Building Alternate Address: 609 5th Ave, New York, NY
Zip Code:10017
Neighborhood:Plaza District
Borough:Manhattan
Stories:0
Year Built:1925
Building Class:B
Block & lot:01284-7501

609 Fifth Avenue, known as the DZ Bank Building, is a historic commercial building located in the heart of Manhattan’s Midtown retail district at the corner of Fifth Avenue and 49th Street. Constructed in 1925, it stands 14 stories tall and encompasses approximately 152,530 square feet of space. The building has served various commercial purposes over its long history, reflecting the evolving character of Midtown Manhattan.

In recent years, the property underwent significant repositioning efforts that included improvements such as a new core and elevators, as well as relocating the office lobby from Fifth Avenue to 49th Street to better accommodate modern office and retail needs. This repositioning increased its appeal and value in the competitive Manhattan commercial real estate market.

Previously owned by Jeff Sutton’s Wharton Properties until 2003, the building was later acquired by SL Green Realty Corp., Manhattan’s largest office landlord. SL Green strategically divided the building into two condominiums: an office condominium and a retail condominium. The retail portion was sold in May 2020 to an affiliate of the Reuben Brothers for $168 million. The office condominium was subsequently sold in 2022 for approximately $100.5 million to a domestic investor, reflecting the strong demand and premium valuation for well-located assets in Midtown East.

The building has hosted tenants such as WeWork, which leased the entire 139,000-square-foot office space in 2018 but terminated the lease early due to the pandemic. SL Green secured a settlement for the lease termination in 2021. Despite such changes, 609 Fifth Avenue remains a key commercial landmark, embodying nearly a century of New York City’s architectural and commercial history.

609 Fifth Avenue, Manhattan, NYC

609 Fifth Avenue is a notable office condominium building located in Midtown Manhattan, New York City, with the ZIP code 10017.

The building was originally constructed in 1925 and is planned for conversion to condominiums by 2026. It stands 30 stories high and encompasses a total of 76 apartments post-conversion.

The property offers approximately 139,000 square feet of office space as an office condo, with additional air rights available. The lot size is about 12,832 square feet.

Key features of the building include:

  • 12 stories high as an office condo (historically)
  • Approximately 152,530 square feet of living area planned
  • Pet-friendly environment
  • Amenities such as a doorman, rooftop terrace, bike room, and resident storage

609 Fifth Avenue is conveniently located close to major subway lines including the M, B, D, F, and E trains, situating it well within the Midtown East neighborhood.


609 Fifth Avenue is a historic 12-story building in Midtown Manhattan, featuring 76 condominium apartments.

Amenities include:

  • Doorman service
  • Rooftop terrace with city views
  • Bike storage facilities
  • Resident storage spaces
  • Pet friendly environment

609 Fifth Avenue, Manhattan, NYC

Office Tenants (Current/Past)

  • Vince
  • Rhône Group
  • Property Group Partners
  • Verdantix

Key Transaction

SL Green sold office condo component (132,542 sq ft) for $100.5M (2023)

Retail Tenant

  • PUMA Flagship Store

Internet Providers:

  • Verizon Fios: fiber-optic, up to 2 Gbps
  • Astound Broadband (RCN): cable and fiber, up to 1.5 Gbps
  • Spectrum: cable, up to 1 Gbps
  • Optimum: fiber-optic, up to 8 Gbps
  • T-Mobile Home Internet: 5G home internet, up to 415 Mbps

609 Fifth Ave, Manhattan, NYC, is strategically located for convenient transportation. The building is near the 5 Av/53 St subway station, which is a one-minute walk away. Other nearby stations include 47-50 Sts-Rockefeller Center (7-minute walk) and 5 Av/59 St (8-minute walk). Bus routes BM2, BXM8, M103, M5, and M7 also serve this area.

The cross streets for 609 Fifth Ave are West 45th Street and West 46th Street, though the building address does not directly align with these streets; it's situated closer to 45th Street. However, the actual cross streets based on its location are between West 45th and West 46th Streets, with the building's frontage along Fifth Avenue.

Key transportation options include:

  • Subway lines: E, M, B, D, F
  • Bus routes: BM2, BXM8, M103, M5, M7
Office Tenants Rented / Leased 609 Fifth Avenue
  • DG Hyp leased 0 SF
  • Melillo Consulting Inc leased 500 SF
  • Vince leased 2,000 SF
  • WeWork leased 135,500 SF
  • DVB Transport (US) AG leased 10,498 SF
Retail Tenants Rented / Leased 609 Fifth Avenue
  • Puma leased 24,000 SF
Nearby Office Tenants Leased
  • Wachtell, Lipton, Rosen & Katz LLP leased 242,464 SF at 51 West 52nd St
  • Colgate-Palmolive Company leased 241,657 SF at 300 Park Avenue
  • Bank of America Private B… leased 240,408 SF at 114 West 47th St
  • Kohlberg Kravis Roberts &… leased 240,100 SF at 9 West 57th St
  • Time Inc. leased 240,000 SF at 135 West 50th St
Nearby Retail Tenants Leased
  • Oceana Restaurant leased 18,800 SF at 1221 Sixth Ave
  • Riad Nasr & Lee Hanson leased 18,000 SF at 45 Rockefeller Plaza
  • Charles Schwab & Co. leased 18,000 SF at 51 West 52nd St
  • DKNY leased 17,776 SF at 655 Madison Ave
  • Staples leased 17,500 SF at 452 Fifth Ave

Recent News About 609 Fifth Avenue

Panelz USA Testimonial

Panelz USA testimonial To whom it may concern, I want to thank Dorothy Kolev and Optimal Spaces Inc. for the excellent job they did in finding us our space. Dorothy made many presentations to us but never lost interest or gave up, she was fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. We are very satisfied with the services of Optimal Spaces Inc. I have recommended her and Optimal Spaces Inc. to friends and colleagues. Sincerely, David Yagerman Panelz USA SHOWROOM 20 West 22nd St, Suite 908 New York, NY 10010

Office Buildings in Plaza District

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