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420 Fifth Ave 31,153 - 33,058 SF Office Condo Units Offered at $36,964,032 - $39,224,376 CAD Per Unit in New York, NY 10018

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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
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

2 UNITS AVAILABLE

Unit Entire

Unit Size 33,058 SF
Price $39,224,376 CAD
Price Per SF $1,186.53 CAD
Condo Use Office
Sale Type Owner User
DESCRIPTION

This condo has a highly efficient center-core layout with excellent column spacing. The ceilings are 12’ 10” slab-to-slab, there are three sides of floor-to-ceiling windows, and there is excellent light and air.
  
The floors are currently occupied by Major League Soccer and have a first-class office installation.

SALE NOTES

Rudder Property Group is pleased to present the only Class A office condominium on Fifth Avenue. It is in close proximity to Grand Central, Port Authority, and Penn Station. A prestigious owner roster includes Luxottica, Helaba Bank, Mediterranean Shipping Company, Girl Scouts of America, and The Rockefeller Foundation.
  
There is a dramatic, contemporary two-story lobby, attended 24/7, modern building systems, and first-class management. The building is adjacent to Amazon’s new NYC headquarters. The floors can be sold individually or combined.

Stairs
Common Area
Office
Sitting Area
Conference Room

+2 More

Kitchen
View Photo Stairs
View Photo Common Area
View Photo Office
View Photo Sitting Area
View Photo Conference Room
View Photo Kitchen
View Photo Meeting Room

Unit Entire

Unit Size 31,153 SF
Price $36,964,032 CAD
Price Per SF $1,186.53 CAD
Condo Use Office
Sale Type Owner User
DESCRIPTION

This condo has a highly efficient center-core layout with excellent column spacing. The ceilings are 12’ 10” slab-to-slab, there are three sides of floor-to-ceiling windows, and there is excellent light and air.
  
The floors are currently occupied by Major League Soccer and have a first-class office installation.

SALE NOTES

Rudder Property Group is pleased to present the only Class A office condominium on Fifth Avenue. It is in close proximity to Grand Central, Port Authority, and Penn Station. A prestigious owner roster includes Luxottica, Helaba Bank, Mediterranean Shipping Company, Girl Scouts of America, and The Rockefeller Foundation.
  
There is a dramatic, contemporary two-story lobby, attended 24/7, modern building systems, and first-class management. The building is adjacent to Amazon’s new NYC headquarters. The floors can be sold individually or combined.

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: 2024-02-22

  • Last Updated:

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

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