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Rent/Lease Office 689 Fifth Ave

Lease Office 689 Fifth Ave

Rent Sublease Office at 689 Fifth Ave

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 689 Fifth Ave

Rent Retail 689 Fifth Ave

$ / SF / Yr SF Monthly Rent
Negotiable

Rent Medical Space at 689 Fifth Ave

Office Tenants Rented / Leased 689 Fifth Avenue
  • Two Rivers Holdings Group leased 8,800 SF
  • Zara leased 15,000 SF
  • Two River Group Holdings… leased 2,500 SF
  • Yamaha Artist Services leased 12,000 SF
  • Brunello Cucinelli leased 19,571 SF
  • Vornado Realty Trust leased 16,164 SF
  • Breakthrough Properties leased 4,000 SF
  • Wildenstein & Company leased 6,000 SF
  • Kite Pharma leased 4,000 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
  • Guess leased 13,000 SF at 575 Fifth Ave
  • 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
$ / 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 689 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 689 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 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

689 Fifth Avenue Property Overview

Building Address: 689 Fifth Ave, New York NY 10022
Building Name: Elizabeth Arden Building
Building Alternate Address: 689 5th Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:15
Year Built:1925
Building Class:A
Block & lot:01290-0001

689 Fifth Avenue, located at the corner of Fifth Avenue and 54th Street in Manhattan, NYC, has a rich history. Originally, the site was home to the Rockefeller family's brownstone mansion. In 1925, the Rockefeller estate sold the property to the Gould Realty Co. for $1.6 million, which is approximately $20 million today.

The Aeolian Company, known for manufacturing player pianos, signed a 63-year lease for most of the building. The architectural firm Warren & Wetmore designed the building in the neo-Classical style with French Renaissance detailing. Construction began in 1925 but faced a setback due to a fire in April 1926. Despite this, the building was completed in 1927.

The Aeolian Building was recognized for its beauty, receiving a gold medal from the Fifth Avenue Association in 1926. Over time, notable tenants included Elizabeth Arden and I. Miller & Sons, Inc. Today, the building is home to prominent retail and office tenants, including Canada Goose and Brunello Cucinelli.

The building underwent significant renovations, including a capital improvement program that updated its facade with limestone, granite, and bronze storefront framing. It remains a prominent landmark on Fifth Avenue.

689 Fifth Avenue, Manhattan, NYC, is a historic building located on the northeast corner of 54th Street and Fifth Avenue. It was built in 1927 and is known for its architectural significance. The building has undergone recent renovations, including a new retail storefront featuring a limestone and granite facade with bronze framing and insulated glass windows. It is situated in a prime shopping area, surrounded by notable retailers like Saks Fifth Avenue, MoMA, and Cartier.

689 Fifth Avenue Amenities

  • Location: Northeast corner of 54th Street and 5th Avenue, Manhattan, NYC
  • Year Built: 1926
  • Architect: Warren & Wetmore
  • Renovations: New office lobby, refurbished elevator cabs, and a distinguished exterior lighting program
  • Points of Entry: Entrance on 54th Street between Madison & 5th Avenue
  • Building Size: Approximately 99,000 SF
  • Floors: 15
  • Floor Sizes: 2,500 SF to 8,000 SF
  • Floor Loads: 120 lbs per SF
  • Ceiling Heights: 12'-0"
  • Electricity: 8 watts per USF
  • Security: 24 hours, 7 days a week
  • Sustainability: LEED Gold Certification, ENERGY STAR Label, BOMA 360 Certified
  • Telecom: Verizon, TWC, Pilot
  • Notable Tenants: Brunello Cucinelli, Yamaha, Canada Goose

Office Tenants at 689 Fifth Avenue, Manhattan, NYC:

  • Brunello Cucinelli - 19,571 SF
  • Vornado Realty Trust - 16,164 SF
  • Breakthrough Properties

Internet Providers at 689 Fifth Ave, Manhattan, NYC:

Residents at 689 Fifth Ave have access to several top internet providers in Manhattan. The most recommended options include:

  • Verizon Fios: Known for its high speeds up to 2 Gbps and reliable service, Verizon Fios is a top choice for those seeking fast and consistent internet.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with affordable plans and unlimited data usage.
  • Spectrum: Provides widespread coverage with speeds up to 1 Gbps, making it a solid option for those without fiber access.

689 Fifth Avenue, Manhattan, NYC offers several transportation options:

  • Bus: Services like BXM4, M103, M3, and M4 are available nearby. The closest bus stop is at 5th Ave @ 51st St.
  • Subway: Nearest subway stations include 50 St (B, D, F, M trains) and 5 Av/53 St (E, M trains).
  • Taxi: Taxis are readily available for a quick ride.
  • Walking: The location is accessible on foot, with a walking distance of approximately 1.8 miles from central Manhattan.

Cross streets include 53rd Street and 52nd Street.

Office Tenants Rented / Leased 689 Fifth Avenue
  • Two Rivers Holdings Group leased 8,800 SF
  • Zara leased 15,000 SF
  • Two River Group Holdings… leased 2,500 SF
  • Yamaha Artist Services leased 12,000 SF
  • Brunello Cucinelli leased 19,571 SF
  • Vornado Realty Trust leased 16,164 SF
  • Breakthrough Properties leased 4,000 SF
  • Wildenstein & Company leased 6,000 SF
  • Kite Pharma leased 4,000 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
  • Guess leased 13,000 SF at 575 Fifth Ave
  • 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

Recent News About 689 Fifth Avenue

Sapphire Office Solutions Testimonial

Sapphire Office Solutions testimonial To Whom It May Concern: I am writing this letter of recommendation to acknowledge the outstanding job performed by Mr. Stephen Sunderland of Optimal Spaces, Incorporated, in regards to locating and executing a great sublease and direct lease extension. In addition to finding the sublease, Stephen also add a long term extension to our direct lease at a great price. We never would have completed this transaction without Stephen's persistency, expertise, and diligence. We attempted to work with other brokers prior to meeting Stephen (discovered Stephen from advertisement) and he was the only broker who listened to our needs and took us to spaces that fit all OUR requirements, not his. We would highly recommend Mr. Sunderland and his company without hesitation. Sincerely, Paul Holstein President
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