Prime Retail / Showroom Space for Lease – 489 Fifth Avenue, New York, NY 10017
Asking Rent: $32,000 per month
Available Space: 4,988 Sq. Ft.
Property Type: Retail / Showroom
Availability: Immediate
Property Overview
489 Fifth Avenue offers a 4,988 sq. ft. retail/showroom space in a premier Midtown East location directly across from Bryant Park and steps from the New York Public Library. With wide frontage, heavy daily pedestrian activity, and a flexible open plan, the space is ideal for flagship retail, fashion showrooms, luxury lifestyle brands, or specialty concepts. Its central location between Grand Central Terminal and Times Square ensures maximum visibility and accessibility.
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Key Features
- Size: 4,988 sq. ft.
- Asking Rent: $32,000/month
- Frontage: Strong Fifth Avenue exposure across from Bryant Park
- Interior: Open and adaptable layout, well-suited for retail or showroom build-outs
- Ceilings: High ceilings, enhancing branding and merchandising potential
- Utilities: Standard commercial infrastructure
- Potential Uses: Flagship retail, gallery, fashion showroom, wellness/fitness studio, or high-end specialty concept
Building Information
- Address: 489 Fifth Avenue, New York, NY 10017
- Neighborhood: Midtown East / Bryant Park Corridor
- Type: Mixed-use commercial building with retail at base
- Accessibility: Prime transit access via Grand Central Terminal, Bryant Park subway hub (B, D, F, M, 7), and nearby Times Square transit connections
Neighborhood & Accessibility
Positioned on Fifth Avenue at Bryant Park, this property benefits from continuous foot traffic generated by nearby office towers, retail destinations, and cultural landmarks. Surrounded by luxury hotels, corporate headquarters, and high-end dining, 489 Fifth Avenue provides tenants an address that ensures visibility and prestige.
Summary
This 4,988 sq. ft. retail/showroom space at 489 Fifth Avenue represents a rare opportunity to secure a Bryant Park Fifth Avenue flagship location at a competitive rent. With its high-traffic exposure, adaptable layout, and proximity to Grand Central, the property is ideal for brands seeking both visibility and long-term value in Midtown Manhattan.
