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657 5th Ave

Midtown East, New York, NY

About 657 5th Ave

Located within easy walking distance of R-subway and bus stops for lines B63, 67 and 69, the property at 657 5th Avenue in New York is currently undergoing renovation and restoration but is soon going to provide retailers and office-based tenants hoping to rent office space or retail units with an amazing location.

Sitting in an area brimming with high end retailers like Ferragamo, 657 5th Avenue in New York will have an enormous storefront in a part of the city that’s always buzzing with shoppers in search of services and goods.

Boasting an amazing 175’ wrap-around frontage, 110’ of which face 5th Avenue and 65’ face 19th Street, retail space at 657 5th Avenue is perfect for supermarkets and grocers, restaurants and pharmacies ready to service an emerging neighborhood hungry for shopping facilities on their doorstep.

This is a premier retail opportunity in Park Slope South and one of the largest available with units ranging from 6,250 to 8,500 square feet.

The modern, white facade of 657 5th Avenue in New York is currently undergoing restoration while the remainder of the building is being totally renovated into prime retail and office spaces.

Internet Providers for 657 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
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
Cogent Communications Fiber
10 Gb/s
10 Gb/s
Stealth Communications Fiber
10 Gb/s
10 Gb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Midtown East

Most listings are 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 submarket.

Median Rate Median Size
Midtown East $83
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,380
sqft

Median Rate over Time in Midtown East