Office

  • $40,000
Payless Shoes, 437, 5th Avenue, Midtown South, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10016, United States
For Rent
Office
Payless Shoes, 437, 5th Avenue, Midtown South, Manhattan Community Board 5, Manhattan, New York County, City of New York, New York, 10016, United States
  • $40,000

Description

Prime Retail / Showroom Space for Lease – 437 Fifth Avenue, New York, NY 10016

Asking Rent: $40,000 per month
Available Space: 7,260 Sq. Ft.
Property Type: Retail / Showroom
Availability: Immediate

Property Overview

437 Fifth Avenue offers a 7,260 sq. ft. retail/showroom space in a highly visible Midtown South location. With prominent Fifth Avenue frontage and a versatile interior layout, the property is well-suited for flagship retail, fashion showrooms, furniture/design galleries, or experiential concepts. Its position along one of Manhattan’s most trafficked retail corridors ensures steady pedestrian flow and strong branding opportunities.

Key Features

  • Size: 7,260 sq. ft.
  • Asking Rent: $40,000/month
  • Frontage: Prominent Fifth Avenue exposure with strong pedestrian and vehicular traffic
  • Interior: Flexible open floor plan adaptable to retail, showroom, or gallery build-outs
  • Ceilings: High ceilings, enhancing presence and display opportunities
  • Utilities: Standard commercial infrastructure
  • Potential Uses: Fashion retail, design showroom, gallery, specialty concept store, wellness/fitness studio

Building Information

  • Address: 437 Fifth Avenue, New York, NY 10016
  • Neighborhood: Midtown South / Bryant Park Corridor
  • Type: Mixed-use commercial building
  • Accessibility: Excellent access to Grand Central, Bryant Park subway hub (B, D, F, M, 7), Penn Station, and major bus lines

Neighborhood & Accessibility

Situated along Fifth Avenue in Midtown South, this property benefits from constant pedestrian traffic and proximity to Bryant Park, New York Public Library, and Grand Central Terminal. The neighborhood hosts a vibrant mix of corporate offices, retail destinations, and hospitality venues, making it a prime location for tenants seeking visibility and accessibility in one of Manhattan’s busiest districts.

Summary

This 7,260 sq. ft. retail/showroom space at 437 Fifth Avenue offers a rare balance of size, value, and visibility. At $40,000/month, it provides one of the most competitive large-format opportunities along Fifth Avenue, making it an attractive option for brands seeking a strategic Midtown presence.

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