The property is currently owned by Vornado Realty Trust and is situated in a building that combines historic character with a premier modern retail environment . The space offers a vast, open canvas suitable for a high-end brand or concept looking to establish a flagship presence on the world’s most expensive and desirable shopping street .
Key Features
- Asking Rent: $120,000 / month
- Available Space: 4,705 SF
- Property Type: Ground-Floor Retail / Flagship Storefront
- Lease Type: Direct Lease
- Building Class: Pre-War Commercial / Office Building (O6)
- Year Built: 1912
- Stories: 9 Stories
- Frontage: 50 FT on Fifth Avenue
- Location: Northeast corner of 52nd Street and Fifth Avenue
- Layout: Expansive, flexible open footprint
- Neighborhood Highlights: Located on Upper Fifth Avenue, surrounded by the world’s top luxury brands
Neighborhood Highlights
This premier address situates your business on the “Fifth Avenue Gold Coast,” the most prestigious and expensive retail corridor in the world . The location is surrounded by the pinnacle of global luxury brands, with neighbors including Cartier, Rolex, Bulgari, Harry Winston, Bergdorf Goodman, Tiffany & Co., Gucci, and the iconic Saks Fifth Avenue . The area is undergoing a $400 million transformation to become a more pedestrian-friendly, walkable oasis with wider sidewalks and enhanced greenery, making it an increasingly attractive destination for visitors and locals .
The property is located across from Rockefeller Center and is steps from the Museum of Modern Art, St. Patrick’s Cathedral, and Central Park, providing an unparalleled flow of high-net-worth tourists, professionals, and residents . This location is the epicenter of a $4 billion private investment surge, solidifying Fifth Avenue’s role as a global hub for luxury retail and brand storytelling .
Transportation is exceptionally well-served, with the 5th Avenue-53rd Street station (E, M trains) and the 47th-50th Streets-Rockefeller Center station (B, D, F, M trains) providing direct access to the neighborhood . The area has a Walk Score of 100 (Walker’s Paradise) and a Transit Score of 100 (Rider’s Paradise), ensuring unparalleled connectivity for customers and employees.
Summary
The 4,705 SF retail storefront at 655 Fifth Avenue, New York, NY 10022, offers a rare opportunity to secure a flagship presence on the world’s most coveted luxury shopping corridor. With its prime corner location, prominent frontage, and distinguished neighbors, this property represents a compelling opportunity for a high-end brand, retailer, or concept seeking a landmark and iconic home in the heart of New York City.
