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Rent/Lease Retail 697 Fifth Avenue

Lease Office 697 Fifth Avenue

$ / SF SF Monthly Rent
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$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

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
$ 206,666
Avenue Of The Americas & West 47th Street $ 57
10,000
$ 47,500
Park Ave & East 57th Street $ 160
10,800
$ 144,000
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Address $ / SF SF Monthly Rent
Park Ave & East 54th Street $ 85
5,600
$ 39,666
Fifth Ave & East 56th Street $ 85
6,600
$ 46,750
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 $ 76
2,200
$ 13,841
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 $ 532
2,300
$ 102,062
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
$ 254,920
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
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
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
$ 11,716
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
$ 60,416
5th Ave & West 47th Street $ 63
8,000
$ 42,000
E 59th St & Madison Avenue $ 182
9,700
$ 146,712
Address $ / SF SF Monthly Rent
Park Ave & East 59th Street $ 68
6,200
$ 35,133
Madison Ave & East 49th Street $ 55
3,400
$ 15,455
E 52nd St & Fifth Avenue $ 44
3,400
$ 12,325
W 57th St & Avenue of America $ 67
4,100
$ 22,891
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 58th St & Third Avenue $ 49
3,400
$ 13,883
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 $ 27
3,300
$ 7,425
Address $ / SF SF Monthly Rent
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,062
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
Park Ave & East 59th Street $ 64
2,100
$ 11,200
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
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 $ 51
1,900
$ 8,075
Madison Ave & East 49th Street $ 64
2,000
$ 10,666
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 54
7,100
$ 31,654
Address $ / SF SF Monthly Rent
E 59th St & Madison Avenue $ 60
4,000
$ 20,000
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
$ 9,083

Retail Spaces for Rent at 697 Fifth Avenue

Rent Retail 697 Fifth Avenue

$ / SF SF Monthly Rent
Negotiable
3,000
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 697 Fifth Avenue

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
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 697 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 697 Fifth Avenue and in the nearby Plaza District neighborhood.
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697 Fifth Avenue Property Overview

Building Address: 697 Fifth Avenue, New York NY 10022
Building Alternate Address: 697 5th Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:5
Year Built:1925
Building Class:A
Block & lot:01290-0072

697 Fifth Avenue, Manhattan, NYC is a significant location in the heart of New York City. The building itself is not extensively documented for a specific historical year of construction, but it is linked to the prestigious St. Regis Hotel nearby.

Historically, the site was previously owned by notable figures such as Lily Churchill, Dutchess of Marlborough, until 1891, when she sold it to William Backhouse Astor Jr. John Jacob Astor IV, William Astor's son, later considered developing the site into a residence but decided against it due to the area's commercial growth.

The area became more commercially vibrant by the early 1900s, with the St. Regis Hotel being a prominent addition. In 2014, Vornado Realty Trust and Crown Acquisitions purchased significant retail space nearby, including air rights, reinforcing the area's status as a luxury retail hub.

Today, the location is recognized for its prime frontage and is home to renowned luxury brands like Harry Winston, Breguet, and Blancpain.

697 Fifth Avenue, located in Manhattan, New York City, is a prominent address at the base of the St. Regis Hotel. It features 100 feet of prime frontage on the corner of 55th Street and Fifth Avenue. The property is home to luxury brands such as Harry Winston, Breguet, and Blancpain. It is situated in the heart of the Fifth Avenue retail district, surrounded by notable neighbors like Saks Fifth Avenue, MoMA, Cartier, and Tiffany & Co.

The building itself was built in 1925 and has a total of five stories. It is classified as an office with commercial space, specifically designated for retail use. The property's location provides excellent exposure, with nearby attractions like Rockefeller Center and Bergdorf Goodman. The address is well-served by public transportation, including bus lines and the subway.

The building's historical context is significant, with its architectural style reflecting the Parisian influences common during its construction period. However, there is some discrepancy regarding its exact build year, with one source suggesting it was built in 1904 by Colonel John Jacob Astor IV.

estatus: 697 Fifth Avenue is valued at $151,095,000 according to tax assessments. It had a significant sale in 2014 for $373,486,929, followed by a purchase in 2016 for $20,000,000.


697 Fifth Avenue in Manhattan, NYC, is a prominent building located at the corner of 55th Street and Fifth Avenue. It boasts 100 feet of prime frontage and serves as the base of the St. Regis Hotel. The building is currently home to luxury retailers such as Harry Winston, Breguet, and Blancpain.

Neighborhood Amenities:

  • Saks Fifth Avenue
  • Museum of Modern Art (MoMA)
  • Bergdorf Goodman
  • Cartier
  • Zara
  • Armani Exchange
  • Salvatore Ferragamo
  • Bulgari
  • Rolex
  • Ermenegildo Zegna
  • Nike
  • Dyson
  • Microsoft
  • Victoria's Secret
  • Versace
  • Stuart Weitzman
  • Coach
  • Rockefeller Center

Building Features:

  • Prime retail space totaling approximately 25,000 square feet
  • Stunning street frontage
  • Located in the heart of the Fifth Avenue retail district

697 Fifth Avenue Overview

697 Fifth Avenue is a prominent location at the base of the St. Regis Hotel in Manhattan, NYC, offering 100 feet of prime frontage on Fifth Avenue. This property is known for its luxury tenants, including Harry Winston and Breguet. However, it does not have office tenants as it is primarily used for retail.

Neighborhood Notables

- Saks Fifth Avenue - MoMA (Museum of Modern Art) - Bergdorf Goodman - Cartier - Zara - Armani Exchange - Salvatore Ferragamo - Bulgari - Rolex - Ermenegildo Zegna - Nike - Dyson - Microsoft - Victoria's Secret - Versace - Stuart Weitzman - Coach - Rockefeller Center

Property Details

- Address: 697 Fifth Avenue, New York, NY 10022 - Year Built: 1925 - Year Last Altered: 2000 - Number of Stories: 5

Current Tenants

- Harry Winston - Breguet - Blancpain (as mentioned in some sources)

Neighboring Luxury Brands

- Prada - Gucci - Tiffany & Co. - Louis Vuitton

Market Context

Vornado Realty Trust, the owner of this joint venture property, reported a default on a $450 million mortgage loan in late 2023 due to a challenging commercial real estate market in New York City. Despite these challenges, the property remains a prime location in the Fifth Avenue retail district.

At 697 Fifth Avenue, Manhattan, NYC, multiple internet providers are available depending on the building's connectivity options. Here are some of the top internet service providers in Manhattan:

  • Verizon Fios: Known for its high speeds up to 2 Gbps, starting at $49.99/month. Offers fiber-optic internet with symmetrical speeds.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with plans starting at $35/month and speeds up to 1.5 Gbps.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps, starting at $50/month. Also offers bundles with TV and phone services.

Viasat Satellite Internet offers a reliable alternative, especially for remote areas, with download speeds up to 150 Mbps.


697 Fifth Avenue is located at the epicenter of Manhattan's vibrant retail district, situated at the corner of 55th Street and Fifth Avenue in New York City.

Neighborhood Notables: This location is near iconic establishments like Saks Fifth Avenue, MoMA, Bergdorf Goodman, Cartier, Zara, Armani Exchange, Salvatore Ferragamo, Bulgari, Rolex, Ermenegildo Zegna, Nike, Dyson, Microsoft, Victoria's Secret, Versace, Stuart Weitzman, Coach, and Rockefeller Center.

Transportation: The area is highly accessible via public transportation. The closest subway stations are located at 5th Ave & 53rd St (E, M lines) and 59th Street-Columbus Circle (A, B, C, D, 1 trains), both within walking distance.

Public Transit Access: Bus routes available nearby include the M1, M2, M3, and M4 along Madison Avenue, and the M5 along Riverside Drive. The nearest train option is Penn Station or Grand Central Terminal for further commuter rail services.

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
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

C2 Media Testimonial

C2 Media testimonial To Whom It May Concern: I would like to highly commend Robert King for his professional assistance in helping me locate a new corporate office. Locating the right space takes time, and I was impressed with Robert’s patience not only with myself but with my overseas executives. He never tired of our endless meetings and requests. We found a space we love. And in spite of us concluding our deal, Robert every so often comes by to chat and make sure all is going well professionably and personally. I enthusiastically recommend Robert and Optimal Spaces to anyone looking for space in New York City. Sincerely, Evelyn Pabon Product and Sales Manager C2 Inc. - Contempo Group
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