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Rent/Lease Office 623 Fifth Ave

Lease Office 623 Fifth Ave

$ / SF SF Monthly Rent
$ 96.5
$ / SF SF Monthly Rent
$ 76.5

Rent Sublease Office at 623 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 $ 62
7,300
$ 38,020
Madison Ave & East 54th Street $ 80
31,000
$ 207,958
Avenue Of The Americas & West 47th Street $ 56
10,000
$ 46,666
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 100
8,300
$ 68,820
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF SF Monthly Rent
Park Ave & East 54th Street $ 86
5,600
$ 40,133
Fifth Ave & East 56th Street $ 86
6,600
$ 47,300
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
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 77
2,200
$ 14,116
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 66
4,200
$ 23,100
W 57th St & Avenue of America $ 532
5,100
$ 226,100
Address $ / SF SF Monthly Rent
W 57th St & Avenue of America $ 532
2,300
$ 101,870
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
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Fifth Ave & East 55th Street $ 158
19,300
$ 254,116
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
$ 23,479
Park Ave & East 58th Street $ 125
4,000
$ 41,666
Third Ave & East 49th Street $ 73
3,800
$ 23,116
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 $ 74
1,900
$ 11,637
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
Fifth Ave & West 55th Street West 56th Street $ 165
2,300
$ 31,625
Address $ / SF SF Monthly Rent
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,937
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 180
9,700
$ 145,904
Address $ / SF SF Monthly Rent
Park Ave & East 59th Street $ 68
6,200
$ 35,133
Madison Ave & East 49th Street $ 56
3,400
$ 15,880
E 52nd St & Fifth Avenue $ 44
3,400
$ 12,325
W 57th St & Avenue of America $ 68
4,100
$ 23,404
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 50
3,400
$ 14,308
E 59th St & Second Avenue $ 93
3,200
$ 24,880
E 59th St & Madison Avenue $ 172
4,600
$ 65,933
E 61st St & Barclay Street $ 62
2,500
$ 12,916
E 49th St & Between 5th Avenue $ 28
3,300
$ 7,700
Address $ / SF SF Monthly Rent
Lexington Ave & Lexington Avenue $ 42
2,500
$ 8,854
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 63
2,100
$ 11,025
E 56th St & Park Avenue South $ 60
1,900
$ 9,420
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 $ 50
1,900
$ 7,916
Madison Ave & East 49th Street $ 63
2,000
$ 10,500
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
7,100
$ 31,358
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 62
4,000
$ 20,666
E 59th St & Between 2nd Avenue $ 66
6,500
$ 36,020
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 54
2,000
$ 8,916

Retail Spaces for Rent at 623 Fifth Ave

Office Tenants Rented / Leased 623 Fifth Avenue
  • Doral Financial Corporation leased 27,496 SF
  • Doral Financial Corp. leased 30,000 SF
  • Jesup & Lamont Securities leased 14,486 SF
  • Depfa Bank leased 8,400 SF
  • Heritage Bank leased 18,500 SF
  • Capgemini U.S. leased 14,035 SF
  • Royal Capital Management leased 4,400 SF
  • Vega Plus Capital Partners leased 14,300 SF
  • Merrill Lynch leased 20,000 SF
  • Royal Capital Management leased 10,000 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
$ / 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 623 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 623 Fifth Avenue and in the nearby Plaza District neighborhood.
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623 Fifth Avenue Property Overview

Building Address: 623 Fifth Ave, New York NY 10022
Building Alternate Address: 623 5th Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:36
Year Built:1989
Building Class:A
Block & lot:01285-7501

623 Fifth Avenue, formerly known as the Swiss Bank Tower, is a 36-story postmodern office building located in Manhattan, New York City. Completed in 1990, it was designed by Lee Harris Pomeroy Associates and Abramovitz Kingsland Schiff for Swiss Bank and Saks Fifth Avenue.

The building serves as an extension to the existing Saks Fifth Avenue department store, increasing its selling area by 30%. The first nine floors are dedicated to Saks, while the 10th floor houses separate mechanical systems for the store and office building. The 11th and 12th floors feature a sky lobby, cafeteria, and conference center.

The tower is clad in Indiana limestone with a pattern of punched recessed windows, blending classic motifs with modern design elements. Its chamfered corners echo those of the older Saks Fifth Avenue store. The building's design respects the surrounding context, including Rockefeller Center.

In 2002, the building was sold, and its address changed from 10 West 50th Street to 623 Fifth Avenue. The interior has been used as a filming location for TV shows like "Billions" and "Mr. Robot".

623 Fifth Avenue, located in Midtown Manhattan, NYC, is a 36-story building originally built in 1988. It is situated between 49th and 50th Streets, directly across from Rockefeller Center and atop the iconic Saks Fifth Avenue flagship store. The building was initially designed for Swiss Bank and features a column-free design with breathtaking city views.

The building is currently undergoing a conversion to residential use, with plans to create 172 residential units averaging 2,000 square feet each. The bottom 10 floors will remain as retail space for Saks Fifth Avenue.

623 Fifth Avenue offers amenities such as 24/7 security, a sky lobby, loading dock, and extended HVAC services. It is part of a broader effort to convert underutilized office buildings into residential spaces to boost New York's housing supply.


Building Amenities at 623 Fifth Ave, Manhattan, NYC:

  • 24 Hour Access
  • Banking
  • Bus Line
  • Conferencing Facility
  • Food Service
  • Metro/Subway
  • Property Manager on Site
  • Stately Marble and Limestone Lobby
  • State-of-the-art Security and Fire Emergency Safety Systems
  • Submetered Electric on Full Floors
  • Concierge in Lobby

Office tenants at 623 Fifth Avenue include Doral Financial Corporation, which leased 27,496 square feet and 30,000 square feet.


Internet Providers at 623 Fifth Ave, Manhattan, NYC:

  • Verizon Fios: Known for 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 widespread coverage with speeds up to 1 Gbps.

623 Fifth Avenue in Manhattan, NYC, is conveniently located near several public transportation options. The nearest subway stations include 5 Av/53 St, 47-50 Sts-Rockefeller Ctr, and 51 St. Bus stops are available at 5th Ave @ 51st St, 5th Ave & W 51st St, and 5 Av/W 54 St. The cross streets for this location are West 40th Street and West 41st Street are not directly adjacent, but nearby cross streets include West 51st Street and West 52nd Street.

Office Tenants Rented / Leased 623 Fifth Avenue
  • Doral Financial Corporation leased 27,496 SF
  • Doral Financial Corp. leased 30,000 SF
  • Jesup & Lamont Securities leased 14,486 SF
  • Depfa Bank leased 8,400 SF
  • Heritage Bank leased 18,500 SF
  • Capgemini U.S. leased 14,035 SF
  • Royal Capital Management leased 4,400 SF
  • Vega Plus Capital Partners leased 14,300 SF
  • Merrill Lynch leased 20,000 SF
  • Royal Capital Management leased 10,000 SF

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Office Tenants Rented / Leased 623 Fifth Avenue
  • Doral Financial Corporation leased 27,496 SF
  • Doral Financial Corp. leased 30,000 SF
  • Jesup & Lamont Securities leased 14,486 SF
  • Depfa Bank leased 8,400 SF
  • Heritage Bank leased 18,500 SF
  • Capgemini U.S. leased 14,035 SF
  • Royal Capital Management leased 4,400 SF
  • Vega Plus Capital Partners leased 14,300 SF
  • Merrill Lynch leased 20,000 SF
  • Royal Capital Management leased 10,000 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza

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
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Why Optimal Spaces –
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  • Save 100–200 hours of research.
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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
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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.

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