87-89 5th Avenue

Off Market

87 5th Avenue, New York, NY 10003

  • Office
  • General Office
  • 69,608 Sqft

87-89 5th Avenue, New York, NY 10003 - Office Space

87-89 5th Avenue is located at 87 5th Avenue in the Flatiron District neighborhood, NY, New York, 10003. The Class B Office building was completed in 1912 and features a total of 69,608 Sqft.

There are 165 office spaces for lease in the Flatiron District neighborhood, totaling 992,939 Sqft of available office space. The office space availability for the 10003 zip code is 1,115,068 Sqft, in 141 office spaces. The average asking office rent per sq. ft. in Flatiron District is $58.63/sqft/year. For Class B office buildings the average office rate is $55.18/sqft/year, for Class C office buildings the average office rate is $79.72/sqft/year.

In Flatiron District, there are 88 class B office buildings. In Flatiron District, there are a total of 1 LEED certified office buildings. In 1912, the same year 87-89 5th Avenue was built, 399 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 8,276,179 square feet of commercial space. At zip code level, there are 65 commercial properties, of which 61 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • City New York
  • Neighborhood Flatiron District
  • Zip Code 10003
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 69,608 Sqft
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1912
  • 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 87-89 5th Avenue?

87-89 5th Avenue totals 69,608 square feet.

When was this property built?

87-89 5th Avenue was built in 1912.

Flatiron District Demographics

The average household income in zip code 10003 is $189,885, from a total of 26,124 households. In terms of employment, there are 98.09 % white-collar and 1.91 % blue-collar jobs in zip code 10003.

Population

  • Total Population14,380
  • Male Population(51.1 %) 7,349
  • Female Population(48.9 %) 7,031
  • Median Age34.70

Income/Financial

  • Average Household Income$195,562
  • Median Household Income$117,923
  • Median Income Under 25$44,799
  • Median Income 25-44$153,498
  • Median Income 45-64$115,833
  • Median Income Over 65$57,964