For Lease
$50/SF/YR

545 5Th AveNew York, NY 10017

12.55 acre lot, 180,349 sqft building

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property presents a unique investment opportunity in the heart of Midtown Manhattan. The expansive 12.55-acre lot encompasses a substantial 180,349 square foot single-tenant building, offering unparalleled flexibility for a wide range of commercial uses. Its prime Midtown location provides exceptional visibility and accessibility, situated within a vibrant commercial and cultural hub. The area boasts high foot traffic from both tourists and residents, benefiting from proximity to iconic landmarks, world-class dining, shopping, and entertainment. The building's substantial size allows for significant development potential, catering to businesses seeking a large-scale presence in this prestigious area. Excellent public transportation access, including proximity to Penn Station, ensures convenient commuting for employees and clients. This property is ideal for businesses seeking a prominent location in one of New York City's most sought-after commercial districts, offering a blend of prestige, convenience, and significant space. The single-tenant occupancy provides a streamlined operational structure, while the expansive square footage allows for diverse configurations to suit various business needs. This is a rare opportunity to acquire a substantial commercial property in a highly desirable and strategically advantageous location.

Highlights

  • Special Purpose Property & Land for Lease.
  • Single-Tenant Occupancy.
  • 180,349 square feet total building area.
  • 12,550-acre lot size.

Property Details for 545 5Th Ave

Property type
Specialty properties, Land
RSF (Rentable sq. ft)
180,349 SF

Unit(s) available at that property

Space
Size
180,349 SF
Rate per SF
$50

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7550873
Longitude
-73.979261
545 5Th Ave, New York, New York

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FAQs

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Contacts

Joseph T. Hamdan
Joseph T. Hamdan
Visit Broker Website

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545 5Th Ave, New York, New York, 10017

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

545 5Th Ave
  • Joseph T. Hamdan
    Joseph T. Hamdan
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