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The Astor Trust Building 501 Fifth Ave

299 - 30,452 SF of Office Space Available in New York, NY 10017

Highlights

  • Convenient Midtown Manhattan location, situated across from the New York City Public Library and near Times Square.
  • Experience property amenities such as an electronic directory, gorgeous lobby, and elevators to access upper floors.
  • Property staff includes a 24-hour doorman and an on-site landlord and property management team.
  • Situated less than a 10-minute walk from Grand Central Terminal and the Times Square /Port Authority Bus Terminal station.

all available spaces(14)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • Basement, Ste M
  • 6,071 SF
  • Negotiable
  • $40.00 /SF/YR $3.33 /SF/MO $242,840 /YR $20,237 /MO
  • Office
  • Shell Space
  • February 01, 2025
  • Listed lease rate plus proportional share of electrical cost
  • 6th Floor, Ste 608
  • 658 SF
  • Negotiable
  • $60.00 /SF/YR $5.00 /SF/MO $39,480 /YR $3,290 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Prime Fifth Avenue Location
  • Partially Built-Out as Standard Office
  • 8th Floor, Ste 804
  • 625 SF
  • Negotiable
  • $65.00 /SF/YR $5.42 /SF/MO $40,625 /YR $3,385 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Open Floor Plan Layout
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location
  • 9th Floor, Ste 906
  • 1,026 SF
  • Negotiable
  • $55.00 /SF/YR $4.58 /SF/MO $56,430 /YR $4,703 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Mostly Open Floor Plan Layout
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location
  • 9th Floor, Ste 914
  • 1,082 SF
  • Negotiable
  • $50.00 /SF/YR $4.17 /SF/MO $54,100 /YR $4,508 /MO
  • Office
  • Full Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Office intensive layout
  • Fully Built-Out as Standard Office
  • Prime Fifth Avenue Location
  • 11th Floor, Ste 1113
  • 835 SF
  • Negotiable
  • $50.00 /SF/YR $4.17 /SF/MO $41,750 /YR $3,479 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Office intensive layout
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location
  • 17th Floor, Ste 1702B
  • 1,562 SF
  • Negotiable
  • $60.00 /SF/YR $5.00 /SF/MO $93,720 /YR $7,810 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Office intensive layout
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location
  • 18th Floor, Ste 1807
  • 955 SF
  • Negotiable
  • $58.00 /SF/YR $4.83 /SF/MO $55,390 /YR $4,616 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Office intensive layout
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location
  • 19th Floor, Ste 1900
  • 7,350 SF
  • Negotiable
  • $58.00 /SF/YR $4.83 /SF/MO $426,300 /YR $35,525 /MO
  • Office
  • -
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • 20th Floor, Ste 2003
  • 1,007 SF
  • Negotiable
  • $65.00 /SF/YR $5.42 /SF/MO $65,455 /YR $5,455 /MO
  • Office
  • -
  • January 01, 2025
  • Listed lease rate plus proportional share of electrical cost
  • 20th Floor, Ste 2007
  • 422 SF
  • Negotiable
  • $58.00 /SF/YR $4.83 /SF/MO $24,476 /YR $2,040 /MO
  • Office
  • Partial Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Prime Fifth Avenue Location
  • Partially Built-Out as Standard Office
  • 20th Floor, Ste 2011
  • 1,426 SF
  • Negotiable
  • $50.00 /SF/YR $4.17 /SF/MO $71,300 /YR $5,942 /MO
  • Office
  • -
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • 21st Floor, Ste 2112A
  • 299 SF
  • Negotiable
  • $50.00 /SF/YR $4.17 /SF/MO $14,950 /YR $1,246 /MO
  • Office
  • -
  • January 01, 2025
  • Listed lease rate plus proportional share of electrical cost
  • 22nd Floor, Ste 2200
  • 7,134 SF
  • Negotiable
  • $45.00 /SF/YR $3.75 /SF/MO $321,030 /YR $26,753 /MO
  • Office
  • Full Build-Out
  • Now
  • Listed lease rate plus proportional share of electrical cost
  • Mostly Open Floor Plan Layout
  • Fully Built-Out as Standard Office
  • Prime Fifth Avenue Location
Space Size Term Rental Rate Space Use Condition Available
Basement, Ste M 6,071 SF Negotiable $40.00 /SF/YR $3.33 /SF/MO $242,840 /YR $20,237 /MO Office Shell Space February 01, 2025
6th Floor, Ste 608 658 SF Negotiable $60.00 /SF/YR $5.00 /SF/MO $39,480 /YR $3,290 /MO Office Partial Build-Out Now
8th Floor, Ste 804 625 SF Negotiable $65.00 /SF/YR $5.42 /SF/MO $40,625 /YR $3,385 /MO Office Partial Build-Out Now
9th Floor, Ste 906 1,026 SF Negotiable $55.00 /SF/YR $4.58 /SF/MO $56,430 /YR $4,703 /MO Office Partial Build-Out Now
9th Floor, Ste 914 1,082 SF Negotiable $50.00 /SF/YR $4.17 /SF/MO $54,100 /YR $4,508 /MO Office Full Build-Out Now
11th Floor, Ste 1113 835 SF Negotiable $50.00 /SF/YR $4.17 /SF/MO $41,750 /YR $3,479 /MO Office Partial Build-Out Now
17th Floor, Ste 1702B 1,562 SF Negotiable $60.00 /SF/YR $5.00 /SF/MO $93,720 /YR $7,810 /MO Office Partial Build-Out Now
18th Floor, Ste 1807 955 SF Negotiable $58.00 /SF/YR $4.83 /SF/MO $55,390 /YR $4,616 /MO Office Partial Build-Out Now
19th Floor, Ste 1900 7,350 SF Negotiable $58.00 /SF/YR $4.83 /SF/MO $426,300 /YR $35,525 /MO Office - Now
20th Floor, Ste 2003 1,007 SF Negotiable $65.00 /SF/YR $5.42 /SF/MO $65,455 /YR $5,455 /MO Office - January 01, 2025
20th Floor, Ste 2007 422 SF Negotiable $58.00 /SF/YR $4.83 /SF/MO $24,476 /YR $2,040 /MO Office Partial Build-Out Now
20th Floor, Ste 2011 1,426 SF Negotiable $50.00 /SF/YR $4.17 /SF/MO $71,300 /YR $5,942 /MO Office - Now
21st Floor, Ste 2112A 299 SF Negotiable $50.00 /SF/YR $4.17 /SF/MO $14,950 /YR $1,246 /MO Office - January 01, 2025
22nd Floor, Ste 2200 7,134 SF Negotiable $45.00 /SF/YR $3.75 /SF/MO $321,030 /YR $26,753 /MO Office Full Build-Out Now

Basement, Ste M

Size
6,071 SF
Term
Negotiable
Rental Rate
$40.00 /SF/YR $3.33 /SF/MO $242,840 /YR $20,237 /MO
Space Use
Office
Condition
Shell Space
Available
February 01, 2025

6th Floor, Ste 608

Size
658 SF
Term
Negotiable
Rental Rate
$60.00 /SF/YR $5.00 /SF/MO $39,480 /YR $3,290 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

8th Floor, Ste 804

Size
625 SF
Term
Negotiable
Rental Rate
$65.00 /SF/YR $5.42 /SF/MO $40,625 /YR $3,385 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

9th Floor, Ste 906

Size
1,026 SF
Term
Negotiable
Rental Rate
$55.00 /SF/YR $4.58 /SF/MO $56,430 /YR $4,703 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

9th Floor, Ste 914

Size
1,082 SF
Term
Negotiable
Rental Rate
$50.00 /SF/YR $4.17 /SF/MO $54,100 /YR $4,508 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

11th Floor, Ste 1113

Size
835 SF
Term
Negotiable
Rental Rate
$50.00 /SF/YR $4.17 /SF/MO $41,750 /YR $3,479 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

17th Floor, Ste 1702B

Size
1,562 SF
Term
Negotiable
Rental Rate
$60.00 /SF/YR $5.00 /SF/MO $93,720 /YR $7,810 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

18th Floor, Ste 1807

Size
955 SF
Term
Negotiable
Rental Rate
$58.00 /SF/YR $4.83 /SF/MO $55,390 /YR $4,616 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

19th Floor, Ste 1900

Size
7,350 SF
Term
Negotiable
Rental Rate
$58.00 /SF/YR $4.83 /SF/MO $426,300 /YR $35,525 /MO
Space Use
Office
Condition
-
Available
Now

20th Floor, Ste 2003

Size
1,007 SF
Term
Negotiable
Rental Rate
$65.00 /SF/YR $5.42 /SF/MO $65,455 /YR $5,455 /MO
Space Use
Office
Condition
-
Available
January 01, 2025

20th Floor, Ste 2007

Size
422 SF
Term
Negotiable
Rental Rate
$58.00 /SF/YR $4.83 /SF/MO $24,476 /YR $2,040 /MO
Space Use
Office
Condition
Partial Build-Out
Available
Now

20th Floor, Ste 2011

Size
1,426 SF
Term
Negotiable
Rental Rate
$50.00 /SF/YR $4.17 /SF/MO $71,300 /YR $5,942 /MO
Space Use
Office
Condition
-
Available
Now

21st Floor, Ste 2112A

Size
299 SF
Term
Negotiable
Rental Rate
$50.00 /SF/YR $4.17 /SF/MO $14,950 /YR $1,246 /MO
Space Use
Office
Condition
-
Available
January 01, 2025

22nd Floor, Ste 2200

Size
7,134 SF
Term
Negotiable
Rental Rate
$45.00 /SF/YR $3.75 /SF/MO $321,030 /YR $26,753 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

Basement, Ste M

Size 6,071 SF
Term Negotiable
Rental Rate $40.00 /SF/YR
Space Use Office
Condition Shell Space
Available February 01, 2025

  • Listed lease rate plus proportional share of electrical cost

6th Floor, Ste 608

Size 658 SF
Term Negotiable
Rental Rate $60.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location

8th Floor, Ste 804

Size 625 SF
Term Negotiable
Rental Rate $65.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Open Floor Plan Layout
  • Prime Fifth Avenue Location

9th Floor, Ste 906

Size 1,026 SF
Term Negotiable
Rental Rate $55.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Prime Fifth Avenue Location

9th Floor, Ste 914

Size 1,082 SF
Term Negotiable
Rental Rate $50.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Prime Fifth Avenue Location

11th Floor, Ste 1113

Size 835 SF
Term Negotiable
Rental Rate $50.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Office intensive layout
  • Prime Fifth Avenue Location

17th Floor, Ste 1702B

Size 1,562 SF
Term Negotiable
Rental Rate $60.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Office intensive layout
  • Prime Fifth Avenue Location

18th Floor, Ste 1807

Size 955 SF
Term Negotiable
Rental Rate $58.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Office intensive layout
  • Prime Fifth Avenue Location

19th Floor, Ste 1900

Size 7,350 SF
Term Negotiable
Rental Rate $58.00 /SF/YR
Space Use Office
Condition -
Available Now

  • Listed lease rate plus proportional share of electrical cost

20th Floor, Ste 2003

Size 1,007 SF
Term Negotiable
Rental Rate $65.00 /SF/YR
Space Use Office
Condition -
Available January 01, 2025

  • Listed lease rate plus proportional share of electrical cost

20th Floor, Ste 2007

Size 422 SF
Term Negotiable
Rental Rate $58.00 /SF/YR
Space Use Office
Condition Partial Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Partially Built-Out as Standard Office
  • Prime Fifth Avenue Location

20th Floor, Ste 2011

Size 1,426 SF
Term Negotiable
Rental Rate $50.00 /SF/YR
Space Use Office
Condition -
Available Now

  • Listed lease rate plus proportional share of electrical cost

21st Floor, Ste 2112A

Size 299 SF
Term Negotiable
Rental Rate $50.00 /SF/YR
Space Use Office
Condition -
Available January 01, 2025

  • Listed lease rate plus proportional share of electrical cost

22nd Floor, Ste 2200

Size 7,134 SF
Term Negotiable
Rental Rate $45.00 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

  • Listed lease rate plus proportional share of electrical cost
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Prime Fifth Avenue Location

Property Overview

501 Fifth Avenue is a commanding professional office building prominently situated on Fifth Avenue between 41st and 42nd streets. The property, originally constructed in 1916, spans over 152,000-square-feet across 23-floors. Experience numerous desirable amenities such as a 24-hour doorman, a gorgeous lobby, an electronic directory, and an on-site landlord and property management team. All professional businesses will feel right at home within the diverse tenant roster that includes law offices, accounting, public relations firms, and more. Take advantage of efficiently designed floor plans and well-maintained accommodations. 501 Fifth Avenue sits directly across from the New York City Public Library and within proximity of Bryant Park and Times Square. Tenants and guests also benefit from the property’s ideal Midtown Manhattan location as the 42nd Street–Bryant Park/Fifth Avenue station, Grand Central Terminal, and the Times Square–42nd Street/Port Authority Bus Terminal station are less than a 10-minute walk away.

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Metro/Subway
  • Property Manager on Site

PROPERTY FACTS

Building Type
Office
Year Built
1916
Building Height
23 Stories
Building Size
152,361 SF
Building Class
B
Typical Floor Size
6,300 SF
Unfinished Ceiling Height
12’
Parking
Reserved Parking

SELECT TENANTS

  • Abramson Brothers
  • Real estate investment firm and landlord in New York City since 1957.
  • Gotham Footcare PC
  • Provider of medical and surgical foot care treatments based in New York since 2012.
  • Joanna Vargas
  • High-end skin care salon offering services in New York City and Los Angeles.
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Amenities

Restaurants

Pera Mediterranean Brasserie French $$$ 2 min walk
Tom Ryan Restaurant American $$$ 3 min walk
Madison & Vine American $$$ 3 min walk
Between The Bread American $$ 4 min walk
Homefront Deli Inc Deli $ 3 min walk
Sen Sakana Japanese $$$$ 4 min walk
Kellari Taverna Greek $$$ 4 min walk

Retail

Webster Bank Bank 1 min walk
Orvis Sporting Goods 1 min walk
COS Unisex Apparel 1 min walk

Hotels

Virgin Hotels
460 rooms
4 min drive
Hotel Indigo
127 rooms
14 min drive

About Grand Central

The Grand Central neighborhood is considered one of the most prominent office locations in the world. The area is home to iconic office properties like the Chrysler Building and historic landmarks such as Grand Central Terminal, which connects Manhattan to suburban enclaves in Westchester County and Connecticut. A central location, high connectivity, and a plethora of quality office buildings draw consistent demand to the area.

The passing of the Midtown East Rezoning plan is helping shape the future of Grand Central. While Grand Central is already home to historic office properties, the new rezoning initiative will now allow developers to purchase air rights of adjacent landmarked buildings so they can build taller and more modern office towers. One Vanderbilt is the first project to take advantage of the rezoning effort and now stands as the tallest building in Midtown.

With the new projects set to deliver, easy transit access for rail and subway commuters, and a short distance from Bryant Park, the Grand Central area should continue to capture tenant interest moving forward.

About the Owner

Read More
  • Listing ID: 3938997

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 501 Fifth Ave, New York, NY 10017

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