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Rent/Lease Office 720 Fifth Ave, New York, NY

Lease Office 720 Fifth Ave

Rent Sublease Office at 720 Fifth Ave

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr 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 $ 80
12,900
$ 86,000
W 57th St & Avenue of the Americas $ 111.5
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 / Yr 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 $ 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 Fifth Avenue $ 91
4,100
$ 31,091
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
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 $ 170
11,400
$ 161,500
Madison Ave & East 56th Street $ 105
13,100
$ 114,625
Fifth Ave & West 52nd Street $ 93
11,300
$ 87,575
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 $ 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 / Yr 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 51st 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
Fifth Ave & West 52nd Street $ 93
6,800
$ 52,700
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 $ 82
3,700
$ 25,283
Madison Ave & East 48th Street $ 70
4,500
$ 26,250
Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 51st Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Fifth Ave & West 55th 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 / Yr 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 / Yr SF Monthly Rent
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 59th St & Second Avenue $ 93.3
3,200
$ 24,880
Madison Ave & East 49th Street $ 59
4,900
$ 24,091
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
W 57th St & Avenue of the Americas $ 68
4,100
$ 23,233
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 61st St & Second Avenue $ 61
2,500
$ 12,708
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
W 57th St & Avenue of the Americas $ 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 $ 44.5
2,500
$ 9,270
E 56th St & Park Avenue $ 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 / 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 & Between Second Avenue $ 65.5
6,500
$ 35,479
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 720 Fifth Ave

Retail Tenants Rented / Leased 720 Fifth Avenue
  • HMS International Fabrics Corporation leased 9,600 SF
Nearby Office Tenants Leased
  • TD Securities Inc leased 142,712 SF at 31 West 52nd St
  • Simons Foundation leased 136,182 SF at 162 Fifth Ave
  • WeWork leased 135,500 SF at 609 Fifth Avenue
  • Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
  • Grant Thornton LLP leased 130,357 SF at 757 Third Ave
  • Holland & Knight leased 130,296 SF at 900 Third Ave
  • CIT Group Inc. leased 130,000 SF at 505 Fifth Ave
  • First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
  • Alvarez & Marsal Holdings… leased 128,798 SF at 600 Madison Ave
  • Katten leased 125,000 SF at 50 Rockefeller Plaza
Nearby Retail Tenants Leased
  • 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
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Strictly Wood Furniture Co. leased 10,500 SF at 156 Fifth Ave
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Ben & Jack's leased 10,000 SF at 255 Fifth Ave
  • CVS Pharmacy leased 10,000 SF at 757 Third 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 720 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 720 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 a 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

720 Fifth Avenue, New York, NY Property Overview

Building Address: 720 Fifth Ave, New York NY 10019
Building Alternate Address: 720 5th Ave, New York, NY
Zip Code:10019
Neighborhood:Plaza District
Borough:Manhattan
Stories:15
Year Built:1954
Building Class:A
Block & lot:01272-0034

720 Fifth Avenue in Manhattan, NYC, has a rich history. Originally, it was the site of the George Kemp mansion, completed in 1882. The mansion was designed by R. C. Jones and featured a mix of Victorian Gothic and Queen Anne styles. It was known for its grand façade and served as a prominent social venue during the winter season.

In 1911, the Kemp Estate leased the property to Duveen Brothers, renowned art dealers. The old mansion was replaced by a new building designed by Horace Trumbauer and Rene Sergent, inspired by the Hotel de la Marine in Paris. This structure became a significant landmark on Fifth Avenue, hosting some of the world's most influential art collectors.

By the mid-20th century, the neighborhood had become increasingly commercial, leading Duveen Brothers to relocate. In 1954, a new 15-story office building was constructed on the site, designed by Emery Roth & Sons. Today, 720 Fifth Avenue remains a prominent commercial address in Central Midtown.

720 Fifth Avenue, located in Manhattan, NYC, is also known by the alternate addresses 720-722 5th Ave and 1 W 56th St. This office building was constructed in 1954 and features 15 stories. It is situated in the heart of the Plaza District, offering multiple terraces and excellent natural light. The building has a total area of approximately 113,292 square feet.


720 Fifth Avenue is a notable office building in Manhattan, NYC. Key amenities include:

  • Multiple Terraces: Offering expansive views and outdoor spaces.
  • Great Natural Light: Abundant sunlight throughout the building.
  • Outstanding Tenant Roster: Premier finance and fashion companies.
  • Prime Location: Situated in the heart of the Plaza District.
  • Accessibility: Convenient access to bus lines and metro/subway.

720 Fifth Avenue, located in the heart of Manhattan's Plaza District, is a prominent office building with a diverse roster of tenants. While specific tenant details are not readily available, nearby office spaces have attracted notable companies. For instance, Playboy Enterprises leased a significant space at 730 Fifth Avenue, and Sandler Capital Management secured a lease at 711 Fifth Avenue.


Internet Providers at 720 Fifth Ave, Manhattan, NYC:

  • Verizon Fios: Known for high speeds up to 2.3 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps.

720 Fifth Avenue, Manhattan, NYC, is conveniently located near several transportation options:

  • Subway: The nearest subway stations include 42 St – Bryant Park (B, D, F, M trains) and 59 St – Columbus Circle (A, B, C, D, 1 trains).
  • Bus: Bus routes such as M1, M2, M3, M4, M5, and M7 pass nearby.

Cross streets are 57th Street and 58th Street.

Retail Tenants Rented / Leased 720 Fifth Avenue
  • HMS International Fabrics Corporation leased 9,600 SF
Nearby Office Tenants Leased
  • TD Securities Inc leased 142,712 SF at 31 West 52nd St
  • Simons Foundation leased 136,182 SF at 162 Fifth Ave
  • WeWork leased 135,500 SF at 609 Fifth Avenue
  • Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
  • Grant Thornton LLP leased 130,357 SF at 757 Third Ave
  • Holland & Knight leased 130,296 SF at 900 Third Ave
  • CIT Group Inc. leased 130,000 SF at 505 Fifth Ave
  • First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
  • Alvarez & Marsal Holdings… leased 128,798 SF at 600 Madison Ave
  • Katten leased 125,000 SF at 50 Rockefeller Plaza
Nearby Retail Tenants Leased
  • 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
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Strictly Wood Furniture Co. leased 10,500 SF at 156 Fifth Ave
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Ben & Jack's leased 10,000 SF at 255 Fifth Ave
  • CVS Pharmacy leased 10,000 SF at 757 Third Ave

Vaultus Professional Service Testimonial

Vaultus Professional Service testimonial To whom it may concern: I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space. The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent. I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely, Joseph J. Tutrone Vice President Vaultus Professional Service

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