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381 5th Ave

Garment District, New York, NY
Total Size
30,000 sqft
Lot Size
0 acres
Year Constructed
Year Renovated
Number of Buildings

About 381 5th Ave

This office building is located at 381 5th Avenue, New York, NY. This building was originally built in 1920 and features nearly 30,000 square feet and six floors.

This boutique building offers tenants wide open spaces with mixes of offices and open areas for an ideal working environment. Office space within the building may offer amenities such as glass walls, custom fixtures, flat ceilings and hardwood floors.

The floors feature views of 5th Avenue and the bustling neighborhood below through numerous windows. A flood of natural light also pours into the office space via the windows for an open working environment.

The building features security, as well, for tenants peace of mind. The security system at 381 5th Ave. features a video and buzzer system and key-card access. Another amenity is tenant-controlled HVAC for added comfortability.

This boutique building is located close to mass transportation systems to make the commute simple and more hassle-free. The neighborhood features boutique and other retail shopping opportunities as well as a variety of eateries.

The facade features large storefront windows on the lower level and a simple, historic and stylish detailed stonework.

Internet Providers for 381 5th Ave

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Garment District

The typical asking rate per listing is in the $50's per square foot per year. The Garment District submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the New York City market, the Garment District region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Garment District $59
Median Rate Median Size
New York City $66

Median Rate over Time in Garment District