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5 Times Square

Theater District, New York, NY
Floors
40
Total Size
1,100,000 sqft
Year Constructed
2002
LEED Certification
None

About 5 Times Square

This office space is located at 5 Times Square, New York, NY. The building was completed in 2002 and features 40 floors and 1.1 million square feet.

This Class-A institutional building is located in the heart of Midtown and everything the neighborhood has to offer. The building offers convenient access to the Times Square transportation hub that services all areas of the city. The building is also conveniently between Grand Central Terminal and Penn Station.

Building amenities include destination driven elevators. The building has an onsite cafeteria for added convenience for tenants and employees. Views from the massive windows include the bustling Times Square neighborhood below.

Inside are numerous retail and dining tenants which provide convenience to tenants. Retail includes Sephora and Champs; Red Lobster is located on the ground floor of this premier building.

The building’s facade features a beautiful glass curtain wall construction that reflects all of Times Square in its mirrored surface.

Companies at 5 Times Square

Champs Sports Shoe Store Clothing Store Store
Ernst & Young Accounting Finance
Ruby Tuesday Bar Restaurant Food

Internet Providers for 5 Times Square

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
tw telecom 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: Theater District

On average, listings lease in the $60's per square foot per year. The Theater District region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the New York City market, the Theater District region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Theater District $63
/sqft/yr
4,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Theater District