Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

420 Fifth Ave 31,153 SF Office Condo Unit Offered at $20,249,450 in New York, NY 10018

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Major transit hubs, such as the 34th Street Station and Grand Central, are only a few blocks away.
  • 420 Fifth Avenue, a 30-story, premier office condominium building situated at the crossroads of Murray Hill and Grand Central.
  • Neighboring points of interest include Bryant Park, the New York City Public Library, Herald Square, and celebrated restaurants and retailers.
  • Occupants enjoy a sophisticated two-story lobby that's 24-hour attended, the latest wiring capacity, and first-class building management.

Executive Summary

420 Fifth Avenue is a 30-story, 650,000 RSF, Class A office condominium building. Built in 1990, the property is located on the west side of Fifth Avenue between 37th and 38th Streets in Midtown. 420 Fifth Avenue is one of New York’s premier office condominium buildings and the only Class A office condominium on Fifth Avenue. The building boasts a prestigious owner roster that includes Luxottica, Helaba Bank, Mediterranean Shipping Company, Girl Scouts of America, The Rockefeller Foundation, and Ziff Brothers Investments. It features a highly articulated facade formed from Stony Creek granite and reflective glass, accented with bands of burgundy brownstone, complementing the surrounding Midtown environment. The design typifies Fifth Avenue’s traditional scale while expressing a distinctive identity. 420 Fifth Avenue is centrally located close to Grand Central Terminal, Port Authority, Penn Station, major bus and subway lines, the New York Public Library, and the Empire State Building. This rare office condominium has allowed the building's long-term, stable unit owners to benefit from capital appreciation, tax exemptions, control over their expenses, and a sense of financial security.

Property Facts

Total Building Size 583,801 SF
Property Type Office (Condo)
Building Class A
Floors 30
Typical Floor Size 14,956 SF
Year Built 1991
Lot Size 1.18 AC
Zoning C5-3 - Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region

Amenities

  • Bus Line
  • Concierge
  • Fitness Center
  • Security System
  • Basement
  • Air Conditioning

1 Unit Available

Unit Entire

Unit Size 31,153 SF
Price $20,249,450
Price Per SF $650.00
Condo Use Office
Sale Type Owner User
Description

Unit Highlights:

  • Highly efficient center-core layout with excellent column-spacing
  • 12’ 10” slab-to-slab ceiling heights
  • Three sides of floor-to-ceiling windows
  • Excellent light and air
  • Modern, newly constructed creative office installation

    Building Highlights:
  • 650,000 RSF class A midtown tower on Fifth Avenue between and 37th & 38th Street
  • Close proximity to Grand Central, Port Authority and Penn Station
  • Prestigious owner roster including Luxottica, Helaba Bank, Mediterranean Shipping
    Company, Girl Scouts of America and The Rockefeller Foundation
  • Dramatic contemporary two-story lobby, attended 24/7
  • Modern building systems and first-class management
    Adjacent to Amazon’s NYC headquarters (former Lord & Taylor building) with Shaver
    Hall, a 35,000 square foot food court opening in 2026

Sale Notes

Unit Highlights:

  • Highly efficient center-core layout with excellent column-spacing
  • 12’ 10” slab-to-slab ceiling heights
  • Three sides of floor-to-ceiling windows
  • Excellent light and air
  • Modern, newly constructed creative office installation

    Building Highlights:
  • 650,000 RSF class A midtown tower on Fifth Avenue between and 37th & 38th Street
  • Close proximity to Grand Central, Port Authority and Penn Station
  • Prestigious owner roster including Luxottica, Helaba Bank, Mediterranean Shipping
    Company, Girl Scouts of America and The Rockefeller Foundation
  • Dramatic contemporary two-story lobby, attended 24/7
  • Modern building systems and first-class management
    Adjacent to Amazon’s NYC headquarters (former Lord & Taylor building) with Shaver
    Hall, a 35,000 square foot food court opening in 2026

Stairs
Common Space
Office
Sitting Area
Conference Room

+2 More

Kitchen
View Photo Stairs
View Photo Common Space
View Photo Office
View Photo Sitting Area
View Photo Conference Room
View Photo Kitchen
View Photo Meeting Room
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31023998

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 420 Fifth Ave, New York, NY 10018

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}