521 Fifth Avenue

Off Market

521 5th Avenue, New York, NY 10017

  • Office
  • General Office
  • 500,199 Sqft

521 Fifth Avenue, New York, NY 10017 - Office Space

521 Fifth Avenue is located at 521 5th Avenue in the Central Midtown neighborhood, NY, New York, 10017. The Class A Office building was completed in 1929 and features a total of 500,199 Sqft.

There are 1,230 office spaces for lease in the Central Midtown neighborhood, totaling 14,312,584 Sqft of available office space. 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 134 class A office buildings. In Central Midtown, there are a total of 53 LEED certified office buildings. In 1929, the same year 521 Fifth Avenue was built, 656 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 10,578,078 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 500,199 Sqft
  • Lot Size 0.44 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1929
  • Date Updated 23 Nov, 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 521 Fifth Avenue?

521 Fifth Avenue totals 500,199 square feet.

When was this property built?

521 Fifth Avenue was built in 1929.

Central Midtown Demographics

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