Retail

Prime Retail Space on Fifth Avenue – 485 Fifth Avenue

Address: 485 Fifth Avenue, New York, NY, 10017
Price: $40,000/month
Square Feet: 1,100 SF
Type: Retail Space

Property Overview:

Located on world-famous Fifth Avenue in the heart of Midtown Manhattan, 485 Fifth Avenue offers 1,100 SF of premier retail space at a competitive rate for this prestigious corridor. Ideal for luxury boutiques, jewelry showrooms, beauty concept stores, specialty food shops, tech retail, or professional service providers seeking a landmark address. Situated between East 41st Street and East 42nd Street, this space benefits from unparalleled visibility, massive pedestrian traffic, and proximity to Grand Central Terminal, Bryant Park, and the city’s most iconic landmarks.

Key Features:

Prime Fifth Avenue / Midtown Location:

• Situated on Fifth Avenue, one of the world’s most famous and prestigious retail and commercial corridors, known for its luxury flagships, corporate headquarters, and landmark architecture.
• Located between East 41st Street and East 42nd Street — in the heart of Midtown Manhattan’s bustling commercial and tourist district.
• Just steps from Grand Central Terminal (42nd Street and Park Avenue), one of the world’s most iconic transit hubs, serving over 750,000 commuters daily.
• Minutes from Bryant Park (40th-42nd Streets between Fifth and Sixth Avenues), a beloved public space featuring seasonal markets, a winter ice skating rink, summer movie nights, and the renowned New York Public Library (Stephen A. Schwarzman Building).
• Close to Times Square, The Chrysler Building, Rockefeller Center, and St. Patrick’s Cathedral — all within a 10-15 minute walk.
• Surrounded by a dynamic mix of corporate headquarters, luxury retailers, flagship stores, hotels, and world-class dining.

Premium & Highly Visible Retail Layout:

• 1,100 SF of well-proportioned retail space — perfectly sized for a luxury boutique, jewelry showroom, beauty concept, or specialty retail concept.
• Attractive storefront with exceptional street-level visibility on Fifth Avenue, one of the world’s most heavily trafficked and photographed shopping streets.
• High ceilings and open floor plan, allowing for elegant merchandising, dramatic displays, or custom millwork befitting a luxury brand.
• Large windows providing abundant natural light and prime window display opportunities facing Fifth Avenue’s constant flow of pedestrians.
• At $36.36 per square foot, this price reflects the premium nature of a Fifth Avenue address in Midtown — competitive for this world-renowned corridor.

Unbeatable Transit Access:

• Moments from Grand Central Terminal (4, 5, 6, 7, S) , providing direct access to Metro-North Railroad, the 7 train to Hudson Yards, and multiple subway lines.
• Close to 42nd Street – Bryant Park station (B, D, F, M) , Fifth Avenue / 42nd Street station (7) , and Times Square – 42nd Street station (1, 2, 3, N, Q, R, W, S) .
• Short walk to Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
• Multiple bus routes serve Fifth Avenue, Madison Avenue, and 42nd Street (M1, M2, M3, M4, M5, M42, M101, M102, M103, Q32, BxM3, BxM4, BxM6, BxM7, BxM8, BxM9, BxM10, BxM11, BxM18).
• Unmatched commuter convenience for employees, customers, and clients from all five boroughs, Westchester, Long Island, New Jersey, Connecticut, and beyond.

Massive, Diverse & High-Spending Customer Base:

• Fifth Avenue in Midtown attracts one of the largest and most diverse pedestrian flows in the world, including:
• Commuters — over 750,000 daily through Grand Central Terminal
• Office workers — thousands of professionals employed in surrounding corporate towers
• Tourists — millions of annual visitors to Grand Central, Bryant Park, Times Square, Rockefeller Center, and Fifth Avenue shopping
• Residents — luxury residential buildings in Murray Hill, Turtle Bay, and Midtown East
• Theatergoers — visitors to Broadway theaters in the Times Square district
• The area is a global destination for luxury retail, corporate services, and tourist-oriented shopping, drawing an international clientele with significant spending power.
• Strong daytime foot traffic from commuters and office workers, plus strong evening and weekend traffic from theatergoers, tourists, and residents.
• Ideal for businesses such as:
• Luxury fashion or accessories boutique
• High-end jewelry or watch showroom
• Prestige beauty or fragrance concept store
• Specialty food, wine, or chocolate shop
• Tech or electronics showroom
• Sunglass or eyewear boutique
• Travel or concierge service
• Currency exchange or financial services
• Pharmacy or convenience store (upscale)
• Flagship for an emerging or DTC brand

Highlights:
✔ 1,100 SF of prime retail space on Fifth Avenue in Midtown
✔ $40,000/month — competitive Fifth Avenue address at $36.36 per square foot
✔ Attractive storefront with exceptional visibility on one of the world’s most famous shopping streets
✔ Steps from Grand Central Terminal (750,000+ daily commuters) and Bryant Park
✔ High ceilings and open floor plan for elegant luxury merchandising
✔ Surrounded by corporate headquarters, luxury flagships, hotels, and landmark attractions
✔ Massive, diverse pedestrian traffic from commuters, office workers, tourists, and residents
✔ Unbeatable transit access — 4, 5, 6, 7, S, B, D, F, M, 1, 2, 3, N, Q, R, W, Metro-North, LIRR, NJ Transit, Amtrak

Conclusion:

485 Fifth Avenue offers an extraordinary opportunity for luxury brands and prestige retailers seeking a high-visibility flagship presence on one of the world’s most famous shopping corridors. With 1,100 SF of elegant, flexible space, a prime Fifth Avenue location steps from Grand Central Terminal and Bryant Park, and access to a massive, diverse, and high-spending global customer base of commuters, office workers, tourists, and residents, this property is perfect for luxury boutiques, jewelry showrooms, prestige beauty concept stores, specialty food shops, or tech flagships looking to establish an iconic presence in the heart of Midtown Manhattan.

Contact us today to schedule a private tour and secure this premier Fifth Avenue retail space!