Office

347 5th Avenue, New York, NY 10016 – Midtown South / NoMad / Koreatown
Asking Rent: $1,800
Size: 600 – 700 sq ft (approx.)
Use: Small Office / Startup / Professional Services / Consultant / Remote Workspace
Lease Type: Commercial Lease (Office)
Price per Sq Ft: ~$30.86 – $36.00/sq ft/year | ~$2.57 – $3.00/sq ft/month

Property Overview

This compact 600-700 square foot office space at 347 5th Avenue is a flexible, turnkey solution for a solo entrepreneur, small startup, or professional service provider in need of an affordable yet prestigious Manhattan address. With an asking rent of $1,800, this micro-office offers a surprisingly high price per square foot, reflecting the premium for small, move-in ready spaces in a highly desirable and central location. It is ideal for consultants, freelancers, boutique agencies, or remote workers who require a professional environment outside the home without the commitment or cost of a larger suite.

Space Highlights

• Compact and efficient 600-700 sq ft private office space
• Very high price per square foot typical for small, furnished or semi-furnished turnkey offices in Class B/C buildings
• Likely move-in ready with basic built-ins (desk, shelving) and shared building amenities
• Low absolute monthly cost provides an accessible entry point to a Fifth Avenue address
• Perfect for a business of 1-3 people prioritizing location, convenience, and low overhead

Location & Neighborhood

• Central Midtown South location on Fifth Avenue between 33rd and 34th Streets
• In the vibrant Koreatown district, known for its 24/7 energy, restaurants, and nightlife
• Steps from the Empire State Building, Herald Square retail, and Penn Station
• Surrounded by a mix of commercial offices, hotels, and residential buildings
• Excellent transportation access via Penn Station (LIRR, NJ Transit, Amtrak) and multiple subway lines (B/D/F/M, N/Q/R/W, 6, PATH) at 34th Street-Herald Square
• High daily foot traffic from office workers, tourists, and residents

Summary

Offered at $1,800 per month (~$30.86 – $36.00/sq ft/year), this 600-700 sq ft office at 347 5th Avenue is a classic “gateway” Manhattan workspace. While the per-square-foot cost is high, the low total monthly outlay makes a prestigious, centrally-located address financially accessible. This space is not for scaling a large team, but for an individual or very small business that values the credibility, convenience, and networking potential of a Midtown Fifth Avenue location above raw square footage. It is a cost-effective strategy to establish a professional presence in the heart of the city.