Lance Leighton
Founder – HedgeFundSpaces.com
New York State Licensed Real Estate Salesperson
505 Fifth Avenue is one of Midtown Manhattan’s newest and best situated boutique office towers. Designed by the award-winning architectural firm Kohn Pedersen Fox and developed by Axel Stawski, this modern glass and concrete skyscraper offers tenants a rare blend of luxury, cutting-edge infrastructure, and unbeatable location. Positioned on the northeast corner of 42nd Street and Fifth Avenue, just one block from Grand Central Terminal, 505 Fifth delivers a landmark business address at the crossroads of Bryant Park and Midtown.
A modern prebuilt office suite is now available for immediate occupancy on the partial 15th floor. Measuring 2,384 rentable square feet, this boutique office space sublease offers a highly efficient layout ideal for hedge funds, investment firms, or boutique financial services tenants.
Key features include:
Mostly open trading layout with excellent natural light
1 windowed conference room overlooking Bryant Park and the New York Public Library
1 private office with direct park views
Dedicated kitchenette / pantry for staff convenience
Direct elevator presence creating a high-end arrival experience
Furniture, fixtures, and equipment (FF&E) can be included
The space benefits from southern exposures with sweeping views of Bryant Park, 42nd Street, and the iconic New York Public Library. The term runs through June 2030, offering long-term flexibility for tenants.
Asking Rent: $72 per rentable square foot
Availability: Immediate
Sublandlord: Ocorian
505 Fifth Avenue encompasses 275,000 square feet of Class A office space and 25,000 square feet of retail. The guiding philosophy of the tower is to provide the finest in design, service, and infrastructure to meet the sophisticated needs of modern tenants.
Highlights include:
Floor-to-ceiling glass windows for expansive views and abundant natural light
White-glove concierge services and attended lobby with advanced security
Emergency generator power available to tenants
Flexible floor sizes to accommodate boutique users through large tenants
State-of-the-art HVAC systems with 24/7 tenant control and no overtime charges
Advanced telecommunications with redundant points of entry, multiple providers, and high-speed Internet
Superior access to transportation: steps from Grand Central, Bryant Park, and Times Square
Tenants enjoy proximity to Manhattan’s finest restaurants, luxury retail, clubs, and hotels, reinforcing 505 Fifth Avenue as one of the best office buildings in New York City for discerning occupiers.
Opportunities to secure prebuilt, furnished, boutique office space at 505 Fifth Avenue are exceedingly rare- especially at this size. With a modern trading layout, conference room and office overlooking Bryant Park, and a turnkey installation ready for immediate occupancy, this space is ideally suited for hedge funds, private equity firms, family offices, and boutique investment banks seeking a prime Midtown Manhattan presence at an iconic address.
Click here to contact us to arrange a tour of this rare opportunity or here to try our free office space search.
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