312 Fifth Ave
New York, NY 10001
Property For Lease
Highlights
- Prime Midtown location between Fifth and Broadway.
- Full basement included for storage or operations.
- 8.5 years remaining on lease with 3% annual increases.
- Fully vented with gas and Type-1 exhaust system.
- Surrounded by top-tier retail, dining, and hotels.
- Steps from Penn Station, Herald Square, and multiple subway lines.
Property Overview
Positioned in the heart of Midtown Manhattan between Fifth Avenue and Broadway, this full-floor retail opportunity offers unmatched visibility and access in one of New York City's most dynamic commercial corridors. The 2,500 SF ground-floor space is fully vented with gas, making it ideal for food and beverage operations, and includes a full basement for additional storage or operational needs. The property is in excellent condition and benefits from a long remaining lease term of 8.5 years with modest 3% annual increases. Surrounded by high foot traffic and iconic destinations such as Macy’s Herald Square, Penn Station, and the Empire State Building, the location is a magnet for both tourists and local professionals. The area is also home to a vibrant mix of dining, hospitality, and retail, including Keens Steakhouse, Moxy Hotel, Zara, and Food Gallery 32. With proximity to major transit lines (BDFMNQRW, ACE, 123), the site offers seamless connectivity across the city. This is a rare opportunity to establish a flagship presence in a high-demand retail corridor with built-in infrastructure and a thriving neighborhood ecosystem.
- Property Manager on Site
Property Facts
