Properties

245 FIFTH AVENUE is a 26-story, boutique, first-class office tower located in the Flatiron/Madison Square Park submarket in the heart of Midtown South Manhattan.  The Property is prominently located on the Southeast corner of 28th Street and Fifth Avenue, just two blocks north of Madison Square Park. Originally constructed in 1926, 245 Fifth Avenue was designed in an art-deco style, offering high ceilings, a classically appointed lobby and multiple setbacks. The Property provides an abundance of light and air due to its efficient column spacing, corner location, above standard finished ceiling heights and double hung windows throughout.  The sweeping views, windows and ceiling heights provide for a unique office environment that is complemented by the flexible floor plates, which include both finished and exposed ceilings.  Many tenants have opted to maintain exposed ceilings and polished concrete floors which further enhance the Property’s lofty feel and provide direct views of Madison Square Park to the south.  The Building features over 86 feet of coveted Fifth Avenue frontage and 13,570 square feet of street level retail including a 10,283 square foot upscale American bistro and a 2,021 square foot UPS Store.

• Corner of 5th Avenue and 28th Street
• Multiple Store Fronts
• Total sf: 13,750 sf
• Frontage: 86 ft on Fifth Avenue
                    125 ft on 28th Street

• Why this location?

Unparalleled Location
Situated on the globally recognized, number one shopping street in the world, this Property offers retailers the opportunity to occupy space on one of the heaviest trafficked streets in Manhattan. Only a few blocks from the 34th Street retail giants and Madison Square Park, 245 Fifth Avenue will be at the center of the world’s leading brand names.

Pedestrians Galore
Centrally located between two giant transit hubs (34th Street/Herald Square and Madison Square Park),  this address is sure to attract any passing shoppers. With the mixed crowd of shoppers, tourists and professionals, this address promises endless traffic during the week and weekend.

Highest Performance Retail
Fifth Avenue between 34th Street and Union Square Park is quickly growing as another destination for retailers to settle given the heavy traffic. Multiple high-end fashion stores, restaurants and other entertainment venues now call this area home. Some examples include Eataly, Michael Kors, Cole Haan, Zara, Kenneth Cole and Banana Republic.

• Highlights

Dynamic Layout
This prime retail location provides retailers or restaurateurs with the perfect location to showcase their product amongst some of the world’s biggest brands. Imagine 13,750 sf total with frontages of 86 ft on 5th Ave and 125 ft on 28th Street – the possibilities are endless.

Public Transportation Hub
Many of Manhattan’s major subway lines land within footsteps of 245 Fifth Avenue, including the 4, 5, 6, N, Q, R, B, D, F and M as well as multiple bus lines.

Densely Populated
48 million people visit New York City every year and Fifth Avenue is a major thoroughfare in Midtown Manhattan. Tourists from all over the world come to Fifth Avenue on a daily basis to see icons such as the
Empire State Building, the Flatiron Building, Gramercy Park, Union Square Park and close neighbors Macy’s and Madison Square Garden.