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Rent Office 650 Fifth Avenue

Lease Office 650 Fifth Ave

$ / SF SF Monthly Rent
Negotiable
11,300
Negotiable
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ 80
4,400
$ 29,333
$ / SF SF Monthly Rent

Rent Sublease Office at 650 Fifth Ave

$ / SF SF Monthly Rent
Negotiable
15,200
Negotiable
$ / SF SF Monthly Rent
Negotiable
6,700
Negotiable
$ / SF SF Monthly Rent

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 $ 60
11,300
$ 56,970
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 West 56th Street $ 62
6,200
$ 32,033
Park Ave & East 54th Street $ 66
4,000
$ 22,000
W 52nd St & Between 5th Avenue $ 89
4,100
$ 30,408
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 75
2,200
$ 13,750
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
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 $ 2210 $ 1300 $ 775
Interior office/person $ 1460 $ 800 $ 525
Team Rooms $ 10210 $ 8050 $ 5025
Suites $ 20210 $ 12050 $ 7025

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
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
Madison Ave & East 48th Street $ 70
1,800
$ 10,500
Address $ / SF SF Monthly Rent
5th Ave & West 47th Street $ 63
8,000
$ 42,000
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 $ 43
3,400
$ 12,183
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
Lexington Ave & Lexington Avenue $ 43
2,500
$ 8,958
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 30,766
Address $ / SF SF Monthly Rent
E 59th St & Between 2nd Avenue $ 66
6,500
$ 35,750
Address $ / SF SF Monthly Rent

Retail Spaces for Rent at 650 Fifth Ave

Rent Medical Space at 650 Fifth Ave

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 nyc
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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.


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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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