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Rent/Lease Office 650 Fifth Ave

Lease Office 650 Fifth Ave

Rent Sublease Office at 650 Fifth Ave

$ / SF SF Monthly Rent
Negotiable
$ / SF SF Monthly Rent
$ 78.0

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Fifth Ave & West 55th Street West 56th Street $ 80
12,900
$ 86,000
W 57th St & Avenue of the Americas $ 112
25,000
$ 232,291
Madison Ave & East 54th Street $ 61
11,300
$ 57,441
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Address $ / SF SF Monthly Rent
Park Ave & East 50th Street $ 85
4,800
$ 34,000
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Avenue of the Americas & West 55th Street $ 52
5,300
$ 22,966
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Park Ave & East 54th Street $ 68
4,000
$ 22,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
W 52nd St & Between 5th Avenue $ 91
4,100
$ 31,091
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
E 49th St & Fifth Avenue $ 94
16,000
$ 125,333
Park Ave & East 48th Street $ 105
13,700
$ 119,875
Park Ave & East 50th Street $ 150
14,600
$ 182,500
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Rockefeller Plz & West 50th Street $ 92
13,800
$ 105,800
Madison Ave & East 60th Street $ 165
15,300
$ 210,375
W 57th St & Avenue of the Americas $ 200
10,300
$ 171,666
Madison Ave & East 53rd Street East 52nd Street $ 170
11,400
$ 161,500
Madison Ave & East 56th Street $ 105
13,100
$ 114,625
Third Ave & East 49th Street $ 89
11,200
$ 83,066
Park Ave & East 47th Street $ 130
11,100
$ 120,250
E 59th St & Park Avenue $ 95
13,300
$ 105,291
Madison Ave & East 49th Street $ 79
18,900
$ 124,425
Madison Ave & East 55th Street $ 130
7,800
$ 84,500
Fifth Ave & East 46th Street $ 84
14,600
$ 102,200
E 55th St & Madison Avenue $ 130
10,900
$ 118,083
Fifth Ave & West 55th Street West 56th Street $ 98
9,700
$ 79,216
Rockefeller Plaza & Fifth Avenue $ 95
14,100
$ 111,625
Fifth Ave & East 58th Street $ 150
25,700
$ 321,250
Address $ / SF SF Monthly Rent
Rockefeller Plaza & West 48th Street $ 94
2,800
$ 21,933
E 49th St & Fifth Avenue $ 109
5,500
$ 49,958
Avenue of the Americas & West 51th Street $ 84
2,600
$ 18,200
Madison Ave & East 55th Street $ 125
4,800
$ 50,000
Lexington Ave & East 51st Street $ 78
5,300
$ 34,450
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Third Ave & East 49th Street $ 65
4,000
$ 21,666
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
E 52nd St & Lexington Avenue $ 68
4,000
$ 22,666
Lexington Ave & East 50th Street $ 71
4,100
$ 24,258
Lexington Ave & East 52nd Street Street $ 82
3,700
$ 25,283
Madison Ave & East 48th Street $ 70
4,500
$ 26,250
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 51th Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Fifth Ave & West 55th Street West 56th Street $ 80
1,900
$ 12,666
Third Ave & East 49th Street $ 71
2,000
$ 11,833
Third Ave & East 49th Street $ 60
2,000
$ 10,000
Madison Ave & East 52nd Street $ 70
1,500
$ 8,750
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Fifth Ave & West 49th Street $ 67
2,200
$ 12,283
Address $ / SF SF Monthly Rent
5th Ave & West 47th Street $ 63
8,000
$ 42,000
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF SF Monthly Rent
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 59th St & Second Avenue $ 93
3,200
$ 24,880
Madison Ave & East 49th Street $ 59
4,900
$ 24,091
E 52nd St & Fifth Avenue $ 42
3,400
$ 12,041
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
W 57th St & Avenue of America $ 68
4,100
$ 23,233
Park Ave & East 59th Street $ 70
6,200
$ 35,908
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 61st St & Barclay Street $ 61
2,500
$ 12,708
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,270
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
Madison Ave & East 49th Street $ 47
2,200
$ 8,616
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Park Ave & East 59th Street $ 65
2,100
$ 11,375
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 & Between 2nd Avenue $ 66
6,500
$ 35,479
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 650 Fifth Ave

Rent Retail 650 Fifth Ave

Rent Medical Space at 650 Fifth Ave

Office Tenants Rented / Leased 650 Fifth Avenue
  • Round Hill Music, LP leased 4,271 SF
  • TGM Communities LLC leased 5,000 SF
  • Systematica Investments leased 3,000 SF
  • Teng Yue Partners, Lp leased 4,460 SF
  • The Alavi Foundation leased 2,000 SF
  • Green Arrow Capital Man… leased 2,000 SF
  • Williams & Connolly LLP leased 3,161 SF
  • Levine Lee LLP leased 10,304 SF
  • Doris Duke Charitable leased 20,293 SF
  • 650 Fifth Ave Co leased 2,325 SF
Retail Tenants Rented / Leased 650 Fifth Avenue
  • Nike leased 30,000 SF
Nearby Office Tenants Leased
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
  • RSM McGladrey leased 164,700 SF at 1185 Sixth Ave
  • Capital One leased 164,488 SF at 299 Park Ave
  • Mediaedge leased 160,335 SF at 825 Seventh Ave
  • group of family trusts leased 160,000 SF at 511 Fifth Avenue
  • WeWork leased 159,300 SF at 12 East 49th Street
  • Linklaters leased 158,000 SF at 1345 Avenue of the Americas
  • Holtzbrinck Publishers leased 157,500 SF at 175 Fifth Ave
  • Benjamin N. Cardozo Sch… leased 156,668 SF at 55 Fifth Ave
Nearby Retail Tenants Leased
  • STK restaurant leased 12,659 SF at 1114 Sixth Ave
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • 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
  • Uniqlo leased 11,500 SF at 155 Fifth Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • Gap leased 11,000 SF at 126 Fifth Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Buzzfeed leased 11,000 SF at 110 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 650 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 650 Fifth Avenue and in the nearby Plaza District neighborhood.
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650 Fifth Avenue Property Overview

Building Address: 650 Fifth Ave, New York NY 10019
Building Alternate Address: 650 5th Ave
Zip Code:10019
Neighborhood:Plaza District
Borough:Manhattan
Stories:36
Year Built:1979
Building Class:A
Block & lot:01267-0041

650 Fifth Avenue, located in Midtown Manhattan, New York City, is a significant office tower with a rich history. The building was completed in 1979 and was designed by John Carl Warnecke & Associates for the Pahlavi Foundation, a nonprofit organization based in Iran.

Originally known as the Piaget Building, it underwent renovations in 2012, which included a redesigned lobby, new outdoor esplanade, new elevators, and new bathrooms. The renovations were handled by architects at Swanke Hayden Connell, with an investment of $11 million by the CBRE Group. An additional $2 million was spent to retrofit the central chilled water plant, enhancing energy efficiency and tenant comfort.

The building is currently owned by the Alavi Foundation, which holds a 60% stake, with the remaining 40% owned by Assa Corp. However, there have been legal disputes regarding its ownership and alleged ties to the Iranian government. The Alavi Foundation was founded by the Shah of Iran to support Iranian-American cultural and educational programs.

650 Fifth Avenue offers approximately 390,000 square feet of Class A office space and over 90,000 square feet of retail space. It stands as a 36-story structure, making it a prominent landmark in the Plaza District of Manhattan.

650 Fifth Avenue, located in Midtown Manhattan, New York City, is a 36-story building that stands at 150 meters (490 feet) tall. It is situated at the intersection of Fifth Avenue and 52nd Street. The building was originally known as the Piaget Building and the Pahlavi Foundation Building. Designed by John Carl Warnecke & Associates, it was completed in 1979 for the Pahlavi Foundation, an organization linked to the Shah of Iran. After the Iranian Revolution, the building's ownership was transferred to the Alavi Foundation. The building offers approximately 390,000 square feet of Class A office space and over 90,000 square feet of retail space. It has undergone significant renovations, including a major upgrade in 2012. The location is highly prestigious, being close to Rockefeller Center and offering easy access to major public transportation hubs like Grand Central Terminal and the Port Authority.


650 Fifth Avenue offers a range of amenities, including:

  • Tenant Lounge: A modern space for relaxation and networking.
  • Conferencing Facility: State-of-the-art meeting rooms for presentations and discussions.
  • Phone Booths: Private areas for making calls.
  • Engaging Tenant Events: Regular gatherings to foster community among tenants.
  • Building App: A convenient tool for managing building services from your mobile device.
  • Micro-Kitchens and Pantry Spaces: Modern facilities for food preparation and socializing.
  • 24-Hour Access: Secure entry available at all times.
  • 24-Hour Security: Manned security for enhanced safety.
  • Sustainability Initiatives: Green practices and eco-friendly operations.

650 Fifth Avenue in Manhattan, NYC, is home to several notable office tenants. These include:

  • Delta National Bank
  • TGM Associates
  • Argo Infrastructure Partners
  • Integrated Media
  • Citigroup
  • Starwood Hotels & Resorts
  • Round Hill Music

The building also features a retail space occupied by Nike.


650 Fifth Avenue in Manhattan, NYC, offers access to several top internet providers, ensuring fast and reliable connectivity for its residents and businesses.

Verizon Fios is a leading choice, providing high-speed fiber-optic internet with speeds up to 2 Gbps. It is known for its excellent customer service and competitive pricing, starting at $49.99 per month.

Astound Broadband Powered by RCN offers both cable and fiber services, with plans starting at $20 per month. It provides unlimited data usage and is a cost-effective option for high-speed internet.

Spectrum is another prominent provider, offering cable internet with speeds up to 1 Gbps. Spectrum's plans start at $50 per month and are popular for bundling with TV and phone services.


650 Fifth Avenue in Manhattan, NYC, offers convenient access to various transportation options:

  • Subway: Lines B, E, M, 6, and 6X are nearby.
  • Bus: Routes BM2, BXM4, M101, M42, M50, and others stop nearby.
  • Train: Grand Central Madison is a 6-minute walk away, with access to the Babylon Branch, Harlem, and more.

Cross streets include 51st Street and 52nd Street.

Office Tenants Rented / Leased 650 Fifth Avenue
  • Round Hill Music, LP leased 4,271 SF
  • TGM Communities LLC leased 5,000 SF
  • Systematica Investments leased 3,000 SF
  • Teng Yue Partners, Lp leased 4,460 SF
  • The Alavi Foundation leased 2,000 SF
  • Green Arrow Capital Man… leased 2,000 SF
  • Williams & Connolly LLP leased 3,161 SF
  • Levine Lee LLP leased 10,304 SF
  • Doris Duke Charitable leased 20,293 SF
  • 650 Fifth Ave Co leased 2,325 SF

Retail Tenants Rented / Leased 650 Fifth Avenue
  • Nike leased 30,000 SF
Nearby Office Tenants Leased
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
  • RSM McGladrey leased 164,700 SF at 1185 Sixth Ave
  • Capital One leased 164,488 SF at 299 Park Ave
  • Mediaedge leased 160,335 SF at 825 Seventh Ave
  • group of family trusts leased 160,000 SF at 511 Fifth Avenue
  • WeWork leased 159,300 SF at 12 East 49th Street
  • Linklaters leased 158,000 SF at 1345 Avenue of the Americas
  • Holtzbrinck Publishers leased 157,500 SF at 175 Fifth Ave
  • Benjamin N. Cardozo Sch… leased 156,668 SF at 55 Fifth Ave

Nearby Retail Tenants Leased
  • STK restaurant leased 12,659 SF at 1114 Sixth Ave
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • 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
  • Uniqlo leased 11,500 SF at 155 Fifth Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • Gap leased 11,000 SF at 126 Fifth Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Buzzfeed leased 11,000 SF at 110 Fifth Avenue
Office Tenants Rented / Leased 650 Fifth Avenue
  • Round Hill Music, LP leased 4,271 SF
  • TGM Communities LLC leased 5,000 SF
  • Systematica Investments leased 3,000 SF
  • Teng Yue Partners, Lp leased 4,460 SF
  • The Alavi Foundation leased 2,000 SF
  • Green Arrow Capital Man… leased 2,000 SF
  • Williams & Connolly LLP leased 3,161 SF
  • Levine Lee LLP leased 10,304 SF
  • Doris Duke Charitable leased 20,293 SF
  • 650 Fifth Ave Co leased 2,325 SF
Retail Tenants Rented / Leased 650 Fifth Avenue
  • Nike leased 30,000 SF
Nearby Office Tenants Leased
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
  • RSM McGladrey leased 164,700 SF at 1185 Sixth Ave
  • Capital One leased 164,488 SF at 299 Park Ave
  • Mediaedge leased 160,335 SF at 825 Seventh Ave
  • group of family trusts leased 160,000 SF at 511 Fifth Avenue
  • WeWork leased 159,300 SF at 12 East 49th Street
  • Linklaters leased 158,000 SF at 1345 Avenue of the Americas
  • Holtzbrinck Publishers leased 157,500 SF at 175 Fifth Ave
  • Benjamin N. Cardozo Sch… leased 156,668 SF at 55 Fifth Ave
Nearby Retail Tenants Leased
  • STK restaurant leased 12,659 SF at 1114 Sixth Ave
  • Tourneau leased 12,050 SF at 601 Madison Avenue
  • 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
  • Uniqlo leased 11,500 SF at 155 Fifth Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • Gap leased 11,000 SF at 126 Fifth Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Buzzfeed leased 11,000 SF at 110 Fifth Avenue

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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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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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.
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