Building Profile: 587 5th Avenue, New York, NY 10017

Overview: 587 5th Avenue is a distinguished commercial property located in the heart of Midtown Manhattan, New York. This mixed-use building offers a combination of retail and office spaces, providing modern amenities in a prime location. Built in 1925, the building stands 10 floors tall and provides approximately 140,000 square feet of space.

History and Background: Situated at the intersection of 5th Avenue and East 47th Street, 587 5th Avenue has been a significant fixture in Midtown Manhattan’s commercial scene. The building’s classic architecture, combined with contemporary upgrades, makes it an attractive option for businesses seeking a prestigious address in one of New York City’s most sought-after locations.

TROT Listing:

• 3rd Floor

Amenities:

• High-speed internet access
• 24/7 security and building access
• On-site management and maintenance
• Modern elevators
• Flexible lease terms, including short-term office space
• Furnished office options
• Conference rooms and meeting spaces
• Lobby reception
• Central HVAC system
• Basement storage available for rent

Transportation Options: 587 5th Avenue is well-connected to public transportation:

Subway:

• Close to 47-50 Streets-Rockefeller Center (B, D, F, M) and Grand Central-42nd Street (4, 5, 6, 7, S) subway stations, providing easy access to other parts of Manhattan and beyond.

Bus:

• Multiple bus lines serve the area, enhancing accessibility.

Nearby Amenities: Restaurants:

• Numerous dining options including The Capital Grille and Le Pain Quotidien.

Cafes:

• Starbucks and local coffee shops like Blue Bottle Coffee.

Gyms:

• Local fitness centers such as Equinox.

Hotels:

• Nearby accommodations include The Langham, New York and The Roosevelt Hotel.

Retail:

• Various high-end retail shops and boutiques.

Building Details: 587 5th Avenue stands 10 stories tall and offers a total building size of approximately 140,000 square feet. The building provides a variety of office and retail spaces catering to different business needs. Recent renovations have enhanced the building’s infrastructure, offering modern amenities while preserving its historical character.

Visit TROT for more information on flexible office space today!