587 5th Avenue

587 5th Avenue, New York, NY 10017

Property Information

  • For Lease Contact for pricing
  • Property Type Office - General Office
  • Property Size 45,000 SF
  • Lot Size 0.09 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1921
  • Date Updated Apr 16, 2026

Description

587 5th Avenue is a 45,000-square-foot office building in Central Midtown, offering tenants a central location for their business operations. Set on a compact 0.09-acre lot, this Class B property is ideal for firms seeking a professional presence in a bustling business district. Built in 1921, the building's historic charm complements its functionality, making it suitable for a wide range of office needs.

Surrounded by conveniences, the property is steps away from Grand Central transportation hubs, including the 47th Street Entrance, approximately 0.1 miles away. Dining options such as Dos Toros Taqueria, Katsu Hama, and Pret A Manger are within walking distance. Nearby hotels like the Gotham Hotel and Hilton Garden Inn offer accommodations for visiting clients or staff. Additional amenities include parking facilities like Hippodrome Parking, roughly 0.2 miles away, and education centers such as Stella and Charles Guttman Community College, 0.4 miles from the building.

3 Spaces Available

#300

Space Type

General Office

Lease Rate

Contact for pricing

Total Space

4,525 SF

Divisible Space

4,525 - 4,525 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

#500

Space Type

General Office

Lease Rate

Contact for pricing

Total Space

4,525 SF

Divisible Space

4,525 - 4,525 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

#900

Space Type

General Office

Lease Rate

Contact for pricing

Total Space

4,525 SF

Divisible Space

4,525 - 4,525 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Igal Nassim

Mason Asset Management

Pascal Spagna

Mason Asset Management

Location

Located at 587 5th Avenue, New York, NY 10017, this property is part of the Central Midtown neighborhood and Manhattan market.

Contact 587 5th Avenue
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