Contact us for current pricing.
Most NYC landlord restrict us from listing the asking rental price.
Many landlords are offering significant concessions, construction allowances, and free rent.
Contact us for current pricing.
Most NYC landlord restrict us from listing the asking rental price.
Many landlords are offering significant concessions, construction allowances, and free rent.
This partial 8th-floor office space offers a prime midtown location, situated across from the New York City Public Library, Bryant Park and near Times Square located at 501 Fifth Avenue, Suite 802, in the prestigious Astor Trust Building. With a size of 1,664 square feet, this office is available for lease immediately under a direct lease type.
The building itself is a historic landmark, constructed in 1917, boasting 22 floors and a rentable building area of 156,997 square feet. Managed by Abramson Brothers Inc., it offers amenities such as 24/7 access, CCTV surveillance, furnished lobby with an attendant, and three passenger elevators for convenience.
Transportation is easily accessible with nearby trains including the 7, S, BDFM, and NQRW lines. The property is highlighted by its convenient Midtown Manhattan location, making it less than a 10-minute walk from Grand Central Terminal and the Times Square/Port Authority Bus Terminal station.
With its strategic location, modern amenities, and efficient layout, this office space in the Astor Trust Building presents an excellent opportunity for businesses seeking a professional and accessible workspace in the heart of Manhattan.
Space Features:
The Astor Trust Building | Landmark Office Destination in Midtown Manhattan
Located at the corner of Fifth Avenue and 42nd Street, directly across from the New York Public Library and Bryant Park, 501 Fifth Avenue stands as one of Midtown Manhattan’s most recognizable commercial office towers. Known as The Astor Trust Building, this historic 23-story property delivers a refined blend of classic pre-war architecture and modern professional functionality, making it a sought-after address for boutique financial firms, law practices, and medical professionals alike.
Built in 1916 and comprising approximately 152,000 square feet of office space, the building features gracious ceiling heights, elegant stonework, and oversized windows that frame iconic views of Fifth Avenue and the surrounding cityscape. Suites range from 955 to 21,933 square feet, with floorplates around 6,300 square feet, offering full-floor and partial-floor availability. Several units are move-in ready with full build-outs in place, including corner offices, internal meeting rooms, pantries, and furnished reception areas.
Tenants enjoy a prestigious setting with 24-hour access, on-site property management, and a dedicated lobby attendant. The building is equipped with modern conveniences such as an electronic directory, passenger elevators, and reserved parking. It is steps from Grand Central Terminal and the Times Square–Port Authority transit complex, ensuring exceptional accessibility via subway, Metro-North, and regional bus lines.
Professionals leasing space here benefit not only from the premier location and distinctive ambiance but also from the building’s long-standing reputation for stability and service. Current tenants include notable investment groups, healthcare providers, and high-end beauty service firms.
With its architectural grandeur, unbeatable Fifth Avenue address, and flexible leasing options, 501 Fifth Avenue remains one of the most prestigious and enduring office destinations in New York City’s Midtown corridor.