Office

Premier Office Space on Fifth Avenue – 505 Fifth Ave, Midtown / Plaza District

Address: 505 Fifth Avenue, New York, NY, 10017
Price: $40,000/month
Square Feet: 7,683 SF
Type: Office Space

Property Overview:

Located on world-famous Fifth Avenue in the heart of the Midtown / Plaza District — one of Manhattan’s most prestigious, iconic, and desirable business addresses — 505 Fifth Avenue offers 7,683 SF of premier office space at solid value for this legendary corridor. Ideal for corporate headquarters, financial services firms, law firms, non-profits, creative agencies, tech companies, or professional services seeking a prestigious address at a competitive price point. Situated between East 42nd Street and East 43rd Street, this space benefits from proximity to Grand Central Terminal, Bryant Park, the New York Public Library, and some of the city’s best dining, shopping, and transit.

Key Features:

Iconic Fifth Avenue / Midtown / Bryant Park Location:

• Situated on Fifth Avenue, one of the world’s most famous and prestigious commercial corridors, in the heart of the Midtown / Plaza District — known for its luxury retail flagships, corporate headquarters, and landmark architecture.
• Located between East 42nd Street and East 43rd Street, placing your business at the epicenter of one of Manhattan’s most prestigious, heavily trafficked, and commercially active districts.
• Just steps from Grand Central Terminal (42nd Street and Park Avenue) — one of Manhattan’s busiest and most convenient transit hubs — and Bryant Park (40th-42nd Streets between Fifth and Sixth Avenues), a beloved public space featuring seasonal activities, lush gardens, and the iconic New York Public Library.
• Minutes from Times Square (42nd-47th Streets between Broadway and Seventh Avenue), Rockefeller Center, St. Patrick’s Cathedral, and Fifth Avenue luxury shopping (Saks Fifth Avenue, Tiffany & Co., Bergdorf Goodman).

Spacious & Flexible Office Layout – 7,683 SF:

• 7,683 SF of generous office space — ideal for open-plan workstations, private offices, or a hybrid layout.
• Flexible floor plan suitable for corporate headquarters, financial services, law firms, non-profits, creative agencies, tech companies, or professional services.
• Large windows providing abundant natural light — a valuable asset for any office environment, with iconic Fifth Avenue and Midtown views.
• High ceilings (characteristic of Fifth Avenue’s pre-war and mid-century commercial buildings), creating an airy, prestigious feel throughout the space.
• Existing infrastructure may include private offices, conference rooms, a reception area, and kitchen/break room — easily customizable.
• At $5.21 per square foot, this represents solid value for office space on Fifth Avenue in this prime Midtown location.

Excellent Transit Access – Unbeatable:

• Moments from Grand Central Terminal (4, 5, 6, 7, S) , providing direct access to Metro-North Railroad and multiple subway lines — one of Manhattan’s busiest and most convenient transit hubs.
• Close to Times Square – 42nd Street station (1, 2, 3, N, Q, R, W, S, 7) , 42nd Street – Bryant Park station (B, D, F, M) , and Fifth Avenue / 42nd Street station (7) .
• Short walk to Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
• Multiple bus routes serve Fifth Avenue, Sixth Avenue, and 42nd Street (M1, M2, M3, M4, M5, M7, M42, M55, M104, Q32).
• Unbeatable commuter convenience for employees and clients from all five boroughs, Westchester, Long Island, New Jersey, Connecticut, and beyond.

Prestigious Fifth Avenue Address:

• A Fifth Avenue address carries immense global prestige, signaling success, sophistication, and stability to clients, partners, and employees — at a competitive price point.
• The Midtown / Plaza District is home to some of the world’s most iconic companies, financial institutions, law firms, and luxury brands, creating a powerful business ecosystem and networking environment.
• The building’s location places you at the epicenter of New York City’s corporate, financial, and cultural world — steps from Grand Central Terminal, Bryant Park, and Fifth Avenue luxury shopping.
• High daytime population of professionals, plus strong tourist and retail traffic, making this a vibrant 24/7 neighborhood.
• Ideal for businesses such as:
• Corporate headquarters
• Financial services firm (banking, investment, wealth management)
• Law firm or legal services
• Non-profit or foundation
• Creative agency or design studio
• Tech company or startup
• Real estate firm or developer
• Professional services (accounting, consulting, HR)
• Insurance company

Highlights:
✔ 7,683 SF of premier office space on Fifth Avenue in Midtown / Plaza District
✔ $40,000/month — solid value at $5.21 per square foot
✔ Flexible, functional layout suitable for corporate headquarters, financial services, law firms, or non-profits
✔ Large windows with abundant natural light
✔ High ceilings with prestigious pre-war/mid-century character
✔ Steps from Grand Central Terminal, Bryant Park, and New York Public Library
✔ Surrounded by corporate headquarters, luxury flagships, and five-star hotels
✔ Unbeatable transit access — 4, 5, 6, 7, S, B, D, F, M, N, Q, R, W, 1, 2, 3 trains, Grand Central, Penn Station
✔ Prestigious Fifth Avenue address with global brand recognition
✔ Perfect for organizations seeking prestige, space, and value in a prime Midtown location

Conclusion:

505 Fifth Avenue offers an excellent opportunity for corporations, financial institutions, law firms, and non-profits seeking prestigious, well-located office space on one of the world’s most famous and desirable business corridors — Fifth Avenue in Midtown, steps from Grand Central Terminal and Bryant Park. With 7,683 SF of flexible, light-filled, high-ceiling space, a prime Fifth Avenue location in the heart of Midtown’s corporate and cultural district, and access to unparalleled transit and a 24/7 neighborhood, this property is perfect for corporate headquarters, financial services firms, law firms, or non-profits looking to establish or expand their presence on Fifth Avenue — all at a solid value of just over $5 per square foot.

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