- For Sale Contact for pricing
- Property Type Office
- Additional Rent Contact for pricing
- Year Built 1911
- Date Updated Oct 12, 2024
- Website 433fifthavenuenewyorkny.sharplaunch.com
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Beautiful Architecture Elegant turn-of-the-century design is perfectly suited to trend-setting experiential retailers and innovative boutique firms.
- National Anchor Long term three floor lease with a rapidly growing national brand with a full guarantee from the corporate parent.
- Boutique Office Appeal Prestigious 3,500 sf full-floor boutique office suites with broad industry appeal.
- Loss Factor Upside The Propertys office space is currently under-measured, creating an opportunity to add more than 3,000 RSF significant revenue growth upon expiration while maintaining attractive per-square-foot rents.
- Mark-to-Market Upside Current office leases are approximately 35% below market, delivering outstanding upside as office leases expire in 2022 and 2025.
- Lease-up Opportunity The Propertys two available suites, encompassing the entire third and fourth floors, create an immediate opportunity to grow cash flow convenient and prestigious Fifth Avenue full-floor boutique office space that presents an outstanding value proposition.
- Fifth Avenue Prestige Fifth Avenue is the most famous urban boulevard in the world, known for its iconic tourist destinations and unmatched commercial activity exceptional visibility, convenience and prestige.
- Bryant Park The Property is located just one block from Bryant Park, delivering a host of popular amenities while adding to the exclusivity of the Fifth Avenue location.
- Commercial Core The Property is situated in the midst of the worlds greatest concentrations of major corporations, creating a strong demand base for business services from the tenants at 433 Fifth Avenue.
- Lord & Taylor / WeWork Headquarters The iconic Lord & Taylor building is located directly across Fifth Avenue from the Property recently purchased by WeWork for $850 million and now undergoing a $438 million office and retail renovation that will bring thousands of new young professionals into the neighborhood.
- Outstanding Transportation Access Five minute walk to Grand Central, with 16 subway lines within easy walking distance exceptional convenience for both Property tenants and their clients.
- Excess Development Rights As built the property possesses approximately 30,000 square feet of unused development rights that could be sold or utilized in a redevelopment of the property or a larger assemblage.
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Contacts
Location
Getting Around
-
Walk Score ®
99/100 Walker's Paradise -
Transit Score ®
100/100 Rider's Paradise -
Bike Score ®
82/100 Very Bikeable
- City New York, NY
- Neighborhood Murray Hill
- Zip Code 10016
- Market Manhattan
Points of Interest
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5th Avenue
0.18 miles
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Grand Central
0.19 miles
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Grand Central 42nd Street / Vanderbilt Avenue entrance
0.23 miles
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Grand Central 42nd Street entrance
0.25 miles
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Grand Central 43rd Street / Vanderbilt Avenue entrance
0.27 miles
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34th Street & Broadway at Northwest Corner
0.32 miles
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Grand Central 43rd Street / Lexington Avenue entrance
0.35 miles
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33rd Street
0.39 miles
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7th Avenue & 33rd Street at Northwest Corner
0.48 miles
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28th Street
0.52 miles
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ChargePoint
0.51 miles
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Tesla Supercharger
0.57 miles
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ChargePoint
0.59 miles
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ChargePoint
0.64 miles
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Bus Charging Station
0.70 miles
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ChargePoint
0.72 miles
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ChargePoint
0.73 miles
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ChargePoint
0.76 miles
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ChargePoint
0.88 miles
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Mobil
0.89 miles
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Herald Square Shopping Court
0.24 miles
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Select Garages
0.28 miles
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Hippodrome Parking
0.31 miles
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SP+
0.34 miles
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City Parking
0.36 miles
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intlFcstone 10022 LOCi Multi
0.45 miles
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Quik Park Garage
0.50 miles
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Red Ball Garage
0.51 miles
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Icon Parking
0.55 miles
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icon 24hr Parking
0.56 miles
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Hyatt Centric 39th & 5th New York
0.03 miles
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Courtyard New York Manhattan/Fifth Avenue
0.08 miles
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Park Terrace Hotel
0.10 miles
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Hotel Hendricks
0.11 miles
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Madison Towers Hotel
0.11 miles
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The William
0.11 miles
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Fairfield Inn
0.13 miles
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Andaz
0.13 miles
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SpringHill Suites
0.13 miles
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Marriott Vacation Club, New York City
0.14 miles
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Panera Bread
0.04 miles
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Norikoh
0.05 miles
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Salute
0.07 miles
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Dunkin'
0.08 miles
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CHILI 美麗
0.08 miles
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The Australian NYC
0.09 miles
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Sushi Ginza Onodera
0.09 miles
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Zuma
0.09 miles
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Reichenbach Hall
0.10 miles
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Burger King
0.10 miles
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Stella and Charles Guttman Community College
0.16 miles
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CUNY Graduate School and University Center
0.20 miles
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Stern College Yeshiva University
0.35 miles
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Norman Thomas High School
0.35 miles
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American Academy of Dramatic Arts
0.42 miles
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Rebecca School
0.45 miles
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CUNY Graduate School of Journalism
0.46 miles
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CUNY School of Professional Studies
0.46 miles
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Lyceum Kennedy French American School
0.49 miles
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Lexington Avenue Campus Touro College
0.50 miles
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Wee Ones Club
0.29 miles
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Everbrook Academy
0.43 miles
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Gymboree
0.46 miles
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Alpha Bet Preschool of Murray Hill
0.56 miles
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Push My Swing
0.63 miles
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St Vartan Play Group Preschool
0.63 miles
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NY Kids Club
0.70 miles
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The Accorn School
0.86 miles
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Samuel J. Heyman Early Childhood Center
1.06 miles
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14th Street Y - Childcare
1.37 miles
Frequently Asked Questions
How much does 433 FIFTH AVENUE, NEW YORK, NY cost?
The sale price for 433 FIFTH AVENUE, NEW YORK, NY is available upon request. Contact the listing broker for more information.
What is the total square footage of 433 FIFTH AVENUE, NEW YORK, NY?
433 FIFTH AVENUE, NEW YORK, NY totals 23,354 square feet.
When was this property built?
433 FIFTH AVENUE, NEW YORK, NY was built in 1911.
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