Commercial Investment Property for Lease – 452 Fifth Avenue, New York, NY 10018
Asking Rent: $80,000 / Month
Price per Sq. Ft.: ~$240 / SF (Annualized)
Space Available: 4,000 Sq. Ft.
Lease Type: Commercial / Retail or Office
Location: Midtown Manhattan – Bryant Park / Fifth Avenue Corridor
Availability: Immediate
Property Overview
452 Fifth Avenue presents a 4,000 sq. ft. premium retail/office space with direct exposure along Fifth Avenue across from Bryant Park. With its prime Midtown location and prestigious address, the property offers exceptional branding and visibility opportunities for luxury retail, boutique dining, or institutional office tenants.
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The building sits in one of Manhattan’s most desirable submarkets, surrounded by major office towers, international retailers, and consistent tourist and commuter traffic.
Key Features
- Total Space: 4,000 sq. ft.
- Asking Rent: $80,000 / month (approx. $960,000 annually)
- Price per SF: ~$240 (annualized)
- Frontage: Fifth Avenue exposure with strong visibility
- Use Flexibility: Retail, dining, boutique showroom, or office
- Condition: Immediate occupancy available
Market Profile
- Tenant Opportunities: High-end retail, boutique restaurant, fashion/luxury showroom, financial or corporate office
- Demand Profile: The Bryant Park/Fifth Avenue corridor remains one of the most coveted areas in Midtown, with global brands and high-income professionals driving consistent demand
- Comparable Rents: Prime Fifth Avenue retail leases generally range from $200–$300/SF annually depending on frontage and quality of build-out
Financial Highlights
- Monthly Rent: $80,000
- Annualized Rent: $960,000
- Price per SF: ~$240 (annualized)
- Lease Terms: Negotiable (long-term preferred)
- Upside Potential: Exceptional Fifth Avenue branding, strong Midtown demand, and direct Bryant Park adjacency
Location Advantages
- Neighborhood: Midtown Manhattan – Bryant Park / Fifth Avenue corridor
- Transit: Walking distance to Bryant Park–42nd Street station (B/D/F/M/7 lines), Grand Central Terminal, and Penn Station
- Surroundings: Adjacent to Bryant Park, New York Public Library, and Fifth Avenue retail corridor with global flagships
- Foot Traffic: Extremely high — commuters, tourists, and corporate professionals daily
Summary
The 4,000 sq. ft. space at 452 Fifth Avenue represents a premier Midtown leasing opportunity at $80,000/month (~$240/SF annualized). Its Fifth Avenue visibility, Bryant Park location, and strong foot traffic make it ideal for luxury retail, boutique dining, or institutional tenants seeking a prestigious Midtown presence.
