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521 Fifth Ave
New York, NY 10175 Midtown East

Rate Upon Request

Office For Lease  •  6,046+ SF

Property Details

  • Property Type Office
  • Year Built 1929
  • Total Building Size 460,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C5-3, Manhattan (O4)
100 Transit Score
100 Walk Score

5 Spaces Available

Name Space Use Size Rent Details
3rd Floor Ste Office 22,818 SF Rate Upon Request 
Full floor to be delivered in whitebox condition. Extra slab height and large perimeter windows.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
  • In Contiguous block: 44,944 SF
4th Floor Ste Office 22,126 SF Rate Upon Request 
Full floor to be delivered in whitebox condition.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
  • In Contiguous block: 44,944 SF
9th Floor Ste Office 21,185 SF Rate Upon Request 
Full floor to be delivered in whitebox condition.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
20th Floor Ste Office 12,265 SF Rate Upon Request 
Raw space, Landlord to turnkey.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
29th Floor Ste Office 6,046 SF Rate Upon Request 
Raw space, Landlord to turnkey.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet

Description 

521 Fifth Avenue is a premier 39-story Class A office tower positioned adjacent to Grand Central Station in Midtown Manhattan, one of the most transit-accessible and densely trafficked commercial corridors in the nation. Spanning over 460,000 square feet, this LEED Gold-certified property offers investors an opportunity to acquire a trophy asset in a submarket exhibiting sustained demand and limited vacancy among top-tier buildings. Current occupancy of approximately 64% provides immediate in-place income with significant upside through lease-up potential, backed by robust tenant demand in the Grand Central market.

The asset benefits from oversized windows delivering exceptional light and city views, boutique floor plates conducive to efficient layout plans, and six terraces that command premium rents. Additionally, more than 50,000 square feet of ground-level retail and over 100 feet of Fifth Avenue frontage provide notable street-level presence and ancillary income channels. With over 75 million pedestrians passing annually, future retail repositioning presents further revenue opportunities. Situated at a global business address surrounded by influential corporate neighbors such as JP Morgan, Amazon, Blackstone, and Citadel, this offering represents long-term stability and enduring value.

Highlights

Steps from Grand Central Terminal with direct access to major subway and commuter rail lines.
LEED Gold certification emphasizing sustainability and energy efficiency.
Multiple private terraces offering skyline views and premium setting for tenants.
Over 100 feet of storefront along Fifth Avenue with substantial pedestrian traffic.
Surrounded by iconic dining, hospitality, and cultural amenities in Midtown Manhattan.
Boutique floor plates designed for flexibility and maximum natural light.

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Metro/Subway
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Basement
  • Recessed Lighting
  • Secure Storage
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning
  • Balcony
  • Smoke Detector

Major Tenants

Tenant SF Occupied Lease End Date
CTBC Bank 21,015 SF 1/31/2029
Douglass Winthrop Advisors 12,394 SF 9/30/2028
Equinox 25,773 SF 1/31/2035
FalconX 10,640 SF 11/30/2024
Genpact 17,796 SF
Laidlaw & Company 21,015 SF 2/28/2029
NFP 8,769 SF 10/31/2028
Premier Workspaces 16,000 SF
Urban Outfitters 20,321 SF 2/28/2026
Wealthspire Advisors 8,769 SF

Public Transportation

Commuter RailDriveWalkDistance
Grand Central (Danbury - Metro-North Railroad, Harlem - Metro-North Railroad, Hudson - Metro-North Railroad, New Canaan - Metro-North Railroad, New Haven - Metro-North Railroad) 2 min 4 min 0.2 mi
Grand Central (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 2 min 6 min 0.3 mi
Transit/SubwayDriveWalkDistance
5 Avenue-Bryant Park (7 - New York MTA Subway (The Subway)) 0 min 1 min 0.1 mi
Grand Central-42 St (42 St Shuttle - MTA New York City Transit) 1 min 3 min 0.2 mi
42 Street-Bryant Park (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
Grand Central-42 Street (4 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
47-50 Streets-Rockefeller Center (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
AirportDriveWalkDistance
LaGuardia 18 min - 8.9 mi
Newark Liberty International 21 min - 14.7 mi
John F Kennedy International 26 min - 17.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Peter Turchin 212-984-8364 CBRE, Inc.
Peter Turchin 212-984-8364 CBRE, Inc.