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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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
- 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
- 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
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Entire | 31,153 SF | Office | $27,922,776 CAD ($896.31 CAD/SF) | - |
Unit Entire
| Unit Size |
| 31,153 SF |
| Condo Use |
| Office |
| Price |
| $27,922,776 CAD ($896.31 CAD/SF) |
| NOI |
| - |
Unit Entire
| Unit Size | 31,153 SF |
| Condo Use | Office |
| Price | $27,922,776 CAD ($896.31 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
Unit Highlights:
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| Sale Notes | |
Unit Highlights:
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Property Facts
| Total Building Size | 619,141 SF | Typical Floor Size | 14,956 SF |
| Property Type | Office (Condo) | Year Built | 1991 |
| Building Class | A | Lot Size | 1.18 AC |
| Floors | 30 | ||
| Zoning | C5-3 - Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region | ||
| Total Building Size | 619,141 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
- Signage
- Wheelchair Accessible
- Basement
- Wi-Fi
- Air Conditioning
- Smoke Detector
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
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420 Fifth Ave
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