Office

Affordable Office/Retail Space on 5th Avenue – 389 5th Ave

Address: 389 5th Avenue, New York, NY, 10016
Price: $2,500/month
Lease Type: Commercial Lease
Type: Office/Retail Space
Location: Urban
Square Feet: 676 SF
Building Class: B
Market Segment: Office, Retail, Showroom, Creative Studio, Small Business

Property Overview:

Located along the iconic 5th Avenue corridor, 389 5th Ave offers an affordable and efficient commercial space ideal for entrepreneurs, consultants, or boutique business operations. This 676 SF unit is a rare find in Midtown South, combining value, location, and flexibility.

Key Features:

High-Visibility 5th Avenue Address:

✔ Excellent Midtown South location near the Empire State Building
✔ Close to Koreatown, NoMad, and Bryant Park
✔ Surrounded by offices, retail stores, and major foot traffic

Efficient Business-Ready Space:

✔ 676 SF of functional space, ideal for small office, consulting, or showroom use
✔ Great natural light and layout flexibility
✔ Budget-friendly entry into a prime Manhattan corridor

Transit Access & Neighborhood Perks:

✔ Steps from 34th Street–Herald Square (B, D, F, M, N, Q, R, W) and Penn Station
✔ Surrounded by dining, coffee shops, and local conveniences
✔ High walkability and easy access for clients or team members

Highlights:

✔ Affordable $2,500/month lease for a 676 SF space
✔ Prime location on 5th Avenue in Midtown South
✔ Ideal for small office, startup, therapy practice, or creative business
✔ Excellent transportation access and neighborhood amenities

Conclusion:

389 5th Ave is a perfect opportunity for growing businesses or solo professionals to set up shop on one of NYC’s most recognized avenues. With unbeatable pricing and a flexible layout, it’s a smart and strategic move for any business looking to thrive in Manhattan.