509 5th Avenue

Off Market

509 5th Avenue, New York, NY 10017

  • Office
  • General Office
  • 60,000 Sqft

509 5th Avenue, New York, NY 10017 - Office Space

509 5th Avenue is located at 509 5th Avenue in the Central Midtown neighborhood, NY, New York, 10017. The Class B Office building was completed in 1917 and features a total of 60,000 Sqft.

There are 1,230 office spaces for lease in the Central Midtown neighborhood, totaling 14,312,584 Sqft of available office space. The office space availability for the 10017 zip code is 5,650,683 Sqft, in 536 office spaces. The average asking office rent per sq. ft. in Central Midtown is $62.98/sqft/year. For Class A+ office buildings the average office rate is $80.7/sqft/year, for Class A office buildings the average office rate is $69.38/sqft/year, for Class B office buildings the average office rate is $56.43/sqft/year, for Class C office buildings the average office rate is $59.75/sqft/year.

In Central Midtown, there are 112 class B office buildings. In Central Midtown, there are a total of 53 LEED certified office buildings. In 1917, the same year 509 5th Avenue was built, 294 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 3,156,762 square feet of commercial space. At zip code level, there are 126 commercial properties, of which 126 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • City New York
  • Neighborhood Central Midtown
  • Zip Code 10017
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 60,000 Sqft
  • Lot Size 0.12 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1917
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 509 5th Avenue?

509 5th Avenue totals 60,000 square feet.

When was this property built?

509 5th Avenue was built in 1917.

Central Midtown Demographics

The average household income in zip code 10017 is $174,635, from a total of 9,905 households. In terms of employment, there are 96.68 % white-collar and 3.32 % blue-collar jobs in zip code 10017.

Population

  • Total Population26,105
  • Male Population(47.7 %) 12,462
  • Female Population(52.3 %) 13,644
  • Median Age40.00

Income/Financial

  • Average Household Income$163,065
  • Median Household Income$113,170
  • Median Income Under 25$54,826
  • Median Income 25-44$143,454
  • Median Income 45-64$114,920
  • Median Income Over 65$57,233