Sleek Office Tower at 505 Fifth Avenue
Sleek Office Tower at 505 Fifth Avenue
The sleek office tower at 505 Fifth Avenue appeals to elite firms, primarily in the financial and technology sectors. This report provides essential information to help you determine whether this building is right for you.
Key Features:
• 505 Fifth Avenue is located at the northeast corner of 42nd Street, diagonally across from Bryant Park.
• Steps from Grand Central Terminal transportation, stores and dining.
• Class A modern office tower constructed in 2006.
• Spectacular lobby with a museum quality light installation by artist James Turrell.
• 24/7 access, concierge and security monitoring.
• Light flooded offices with panoramic views.
Cogent Realty Advisors is a licensed NO FEE real estate broker that represents New York companies that lease office space. (212) 509-4049.
Insider’s Guide to 505 Fifth Avenue Office Rentals
Asking rents range from $85.00- $95.00 per rentable square foot depending on the view, elevation and build-out of your office. Previously occupied offices may be discounted. Call for information: (212) 509-4049.
Prebuilt Offices: Some businesses renting offices at 505 Fifth Avenue utilize the Landlord’s prebuilt office program. These move-in ready spaces combine efficient layouts and high-quality construction.
Build-to-Suit / Custom Build: The Landlord will build-to-suit / custom build your office. This includes architectural planning, construction and the installation of HVAC. This program requires a minimum lease term 7- 10 years duration.
Tenant Managed Construction: When a Tenant manages its own office construction, the Landlord will provide your company with a Cash Contribution in combination with a Rent Abatement. This program requires a lease term of 10 years, and the Landlord will establish a cap on its per square foot expenditure.
Your Corporate HQ at 505 Fifth Avenue
- Class A contemporary office tower clad in glass.
- 325,111 SF total building area. 28 floors and rising 410 feet. Typical floor is 10,717 RSF.
- 24/7 access, concierge and security monitoring.
- 8 passenger and one freight elevator.
- 12′ to 13′ ceiling height with floor-to-ceiling windows.
- Tenant-controlled HVAC with 24-hour service.
- Fully sprinklered, emergency lighting and power.
- Tenants include Norges Bank Investment Management, Brownstone Investments, Onyx Renewable Partners.
- Owned by Stawski Partners.
- New York, NY 10017.
Finding the Perfect Office Space is a Big Decision
♦ Cogent Realty Advisors is a licensed New York State commercial realtor founded in 2002.
♦ Cogent Realty represents the interests of commercial Tenants that rent office space.
♦ Tenants pay NO FEE when using our service.
♦ Cogent provides objective expertise in finding office space and negotiating lease agreements.
♦ Cogent will secure the optimal office space for you with the best terms and pricing.
For help with your office real estate, contact: Mitchell Waldman: (212) 509-4049
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[…] Mitch Waldman’s expertise and client-focused approach make him a sought-after advisor for those seeking office space in NYC. For insights into leasing at 505 Fifth Avenue or other premium locations, read the full article on Mitch’s website at https://rentnyoffice.com/sleek-office-tower-at-505-fifth-avenue. […]