420 Fifth Ave - Office CONDO FOR SALE


New York, NY 10018- Bryant Park
$14,900,000 USD
212-867-5060
420 Fifth Ave, New York, NY for Sale
$14,900,000 USD
Office CONDO - FOR SALE
1/22
null | Request Cap Rate

Jun '26


420 Fifth Ave
New York, NY 10018
Bryant Park


HIGHLIGHTS

  • 420 Fifth Avenue is a Class A office building offering suites within walking distance to to Grand Central, Port Authority, and Penn Station.
  • The building is modern with ornate detailing throughout, and has a fully attended two-story lobby.
  • 420 Fifth Avenue is near many of New York's landmarks, as well as the Amazon Manhattan headquarters.
  • Building occupants include The Rockefeller Foundation, Luxottica, Girl Scouts of America, Helaba Bank, and the Mediterranean Shipping Company.

OVERVIEW

RRS has been retained on an exclusive basis to arrange for the sale of three units located at 420 Fifth Avenue, a 28-story commercial office condominium building situated on the west side of Fifth Avenue between 37th and 38th Streets. The three units occupy a major portion of the 3rd Floor and measure approximately 17,616 square feet in total. The building features oversized windows and views of the corner of Fifth Avenue and 38th Street, providing the space with natural light and air. Currently, all three units are leased to Major League Soccer as a single contiguous space, and their current lease expires on May 31, 2026. The space has been fully built out and recently renovated, featuring a generous number of workstations, conference rooms, two private handicap restrooms within the space, private offices with full-height glass partitions, a kitchen, and a double-door glass reception area directly in front of the elevator lobby. This represents an unusual opportunity for a prospective buyer to acquire fully built-out, flexibly sized office condos in one of the finest mixed-use office buildings on Fifth Avenue in Midtown.

FOR SALE DETAILS

PRICE

$14,900,000 USD

PRICE/SF

$846 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

583,801 SF

STORIES

30

BUILDING CLASS

A

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

C5-3

APN/PARCEL ID

0839-0050

ASK ABOUT THIS PROPERTY

Ronald ShakerdgeRepublic Realty Services, Inc.More Info
212-867-5060

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Ronald ShakerdgeRepublic Realty Services, Inc.More Info
212-867-5060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.