581 5th Avenue

581 5th Avenue, New York, NY 10017

Property Information

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 17,050 SF
  • Date Updated Apr 24, 2026

Description

This 17,050-square-foot retail building at 581 5th Avenue in Central Midtown offers an excellent opportunity for businesses seeking a prime location in New York City. The property is strategically positioned in one of Manhattan's busiest commercial corridors, making it suitable for retail tenants aiming to capitalize on high foot traffic and visibility. Its size ensures ample space for a variety of retail operations, with the building situated among iconic establishments and high-density consumer activity.

The surrounding area features exceptional accessibility, with a Transit Score of 100 out of 100 points, indicating world-class public transportation options for companies operating here. Multiple subway stations are within walking distance, including Grand Central's entrances approximately 0.1 miles away and 5th Avenue–53rd Street Station around 0.3 miles away. A Walk Score of 96 out of 100 points designates the area as a walker’s paradise, where daily errands and commuting are easily accomplished on foot. Nearby parking facilities such as Hippodrome Parking, just 0.2 miles away, provide added convenience for customers and employees.

1 Space Available

Ground Floor

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

3,200 SF

Divisible Space

3,200 - 3,200 SF

Available Date

Immediate

Lease Term

From 5 To 10 Years

Renewal Option

Yes

Sublease

No

Ground Floor: 3,200 sq/ft

Basement: Storage Room Available

40’ of Frontage

Full HVAC

Responsive Ownership

Long-Term Lease Available

Rare Double Storefront on Park Slope’s “Hot” 5th Avenue Corridor

Surrounded by New High Density Developments

Excellent Visibility and Foot Traffic

 

Contacts

William P. O'Brien

M.C. O'Brien

Location

Located at 581 5th Avenue, New York, NY 10017, this property is part of the Central Midtown neighborhood and Manhattan market.

Contact Listing Broker
William P. O'Brien

M.C. O'Brien

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