535 Fifth Ave. 32nd Floor Office Rental

  • 4,680 SQFT
  • Lease Term 3 - 10 Years
  • $51/SQFT

The following listing is for a 4,680 SF. commercial space which is located in Manhattans Grand Central. This 32nd floor office space is available under a direct lease on Fifth Avenue within a 35 story building. The property itself was built in 1925 and features 255,460 SF. of space serviced by ten passenger and one freight elevator.


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535 05 Ave
Building at 535 05 Ave

About the Building

535 Fifth Avenue is a 36-story Class B commercial building that incorporates tower floors found within Manhattan's Grand Central area just off of 44th Street. The building property contains 342,538 SF. of commercial space that ranges from retail at the ground to offices above. Occupying a full block front; the tower property is known for its striking pre-war architecture and unmatched location.

The office spaces within 533 have been designed to provide larger more efficient space for client service, expanded service line offerings, networking events, and staff development. Typically what is available here ranges as follows; a full-floor plate here encompassed up to 9,514 SF in size, while smaller spaces generally start at 3,900 SF.; typically an office suite here overlooking Fifth Avenue would be delivered as a raw space ready for tenant build out.

Many of these spaces hold law firms today as the building traditionally has been a great choice for attorneys and their firms because of the construction and bright spaces that benefit from the building's architect allowing for a striking perimeter wall of windows. The landlord here is flexible and easy to accommodate space expansion requests; as 535 makes it possible for you to expand into a truly modern and tech friendly space throughout.

Offices typically constructed today on a full floor basis can layout as follows (example only); new spaces can accommodate a firm’s current professional and support staff of with numbers of persons ranging from 35 to 60 depending on employee density / space requirements; this generally allows for the addition of room for a company to easily expand as additional staff and service line offerings are added in its near future. In addition, there would be larger conference and employee meeting room space implemented in a full floor layout.
In total the typical layouts found in the tower include a windowed reception area, windowed conference room, kitchen, closets, large corner partner offices plus additional windowed offices for a total of 8 or 9 windowed offices on a 9000 sq. ft. floor.

New construction here has a focus on offices that are designed with your growth in mind from materials to the look of the space.

Located among some of New York City's most valuable office and retail properties, 535-545 Fifth flexibility and great on-site management, attracts prominent corporations and financial institutions who seek to project their image from Manhattan's home for top fortune 500 companies…

Having recently undergone $42 million in capital improvements, the property underwent retrofits the outside of the building resulting in the entire facade of both buildings being restored, going from 535 Fifth, which is on 44th Street, up Fifth Avenue and all the way to 45th Street, to the entrance to 545 Fifth. This portion of the construction took them the better part of eight months to complete. These improvements extend to new sidewalks outside to help usher in foot traffic in order to support the installation of 30-foot high windows at street level. All of which come together to create a more welcoming environment for retail. Pairing this with the construction of a newly attended lobby that has been made into a stark, bright and modern tower entrance. Improvements at ground level flow onward to the renovated passenger elevators that serve the base of the tower property.
Location here cannot be understated; whether you seek to engage a fresh talent pool or are looking to easily accommodate travel to your site for both staff and clients. The tower' proximity to Grand Central Terminal, makes for an ideal central Manhattan position that enjoys easy access to a numerous paths to public transportation including all NYC major subway lines, NJ Transit, Amtrak and LIRR at Penn Station as well as Port Authority Bus Terminal.

Additionally Midtown Manhattan is home to many New York City’s popular landmarks, attractions, restaurants and retail stores, including Grand Central Terminal, The Empire State Building and Radio City Music Hall among others, Midtown Manhattan is undoubtedly the commercial heart of New York City.

Features:
• Class B Office Tower spanning 36-stories with 342,538 SF. within
• Full Floor Boutique Offices that span 9,000 SF. available
• Plug and Play move-in sublease offices available
• Offices directly overlooking Fifth Avenue
• Large operable windows and natural light
• Law Office Building with many Attorneys and Firms
• Grand Central Location steps away from many of the nation's most prominent corporations, financial institutions, law firms and service organizations
• Flagship Anchor Tenant within the Building (by Best Buy)
• Property known for its striking pre-war Manhattan architecture
• 24/7 on-site security & video surveillance
• Property Manager On-Site
• Ideal central location Proximity to Grand Central Station boasts access to a myriad of public transportation options including all major subway lines, NJ Transit, Amtrak and LIRR at Penn Station as well as Port Authority Bus Terminal

Law firms in this building include:

- The Law Offices Of Julie Rendelman, LLC
- Greco Neyland, P.C.
- Jonathan Marks, P.C.
- Regosin, Edwards, Stone & Feder
- Rincker Law, PLLC

TENANTS Found Within
- Jaisan Recovery
- Cohen & Company
- Dr.David Shafer MD
- National Basketball Coaches Assoc.
- Best Buy
- S7 Technology Group
- Megalith Capital Management
- FRP Services & Company
- Gotham Gastroenterology
- Prajapati & Company
- LM Cohen & Co
- White Pine Trading
- Asymmetric Return Capital
- Myron Toback
- Prestige Jewelry
- Gardiner & Theobald
- National Community Reinvestment Coalition
- Penton Learning Systems
- H.I.S. International Tours
- Trandon Associates
- Sandeep Diamond Corporation
- International Diamond Distributors
- Niru Diamonds
- Gildea & Ivanis


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