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550 5th Ave

Midtown East, New York, NY
Floors
9
Total Size
43,140 sqft
Lot Size
0 acres
Year Constructed
1940
Year Renovated
2003
Number of Buildings
1

Features

Lobby Attendant

About 550 5th Ave

This New York building is located at 550 5th Avenue. Built in 1910, this building has 8 floors with about 5,619 square feet available per floor to rent office space.

There are multiple units on each floor, but they can be combined so tenants can have full floor identity. Many offices windowed, with an excellent view of the city. Units consist of both private offices and open collaborative spaces.

Some floors of 550 5th Avenue include a unique penthouse break-out space, perfect for entertaining clients or for company social events. There are pantries, kitchenettes, and full sized private bathrooms in all units.

This building also features a lobby attendant, some furnishings available, a clean lobby, and 12 tons of supplemental A/C with plenty of infrastructure for all technology needs.

550 5th Avenue has a gorgeous facade, with large ceilings, large windows on the ground floor, and columns adorning the top floors. The ground floor is simple in design with flatline walls.

Companies at 550 5th Ave

Bank of America Bank Finance

Internet Providers for 550 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: Midtown East

The typical asking rate per listing is in the $80's per square foot per year. The Midtown East region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the New York City market, the Midtown East submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Midtown East $83
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Midtown East