Meridian Capital Group
Meridian Investment Sales

5 East 47th Street, New York, NY

5 East 47th Street, New York, NY

Madison & 5th Avenues
Midtown

Meridian Investment Sales is pleased to exclusively present the offering for 5 East 47th Street, a seven-story plus cellar mixed-use office and retail elevator building located in the heart of Midtown Manhattan.

Type Mixed-Use
Neighborhood Midtown
Properties One Property
Lot Size 2,510 Square Feet
Size 14,025 Gross Square Feet 18,500 Rentable Square Feet
Stories 7 Stories
Air Rights 16,095

Investment Highlights:

  • Flagship Headquarters Destination: The building will be delivered 100% vacant making it ideal for a corporate headquarters directly off of 5th Avenue.
  • Excellent Condition: The building features a new elevator and excellent column free office space with floor plates of 2,500 RSF.
  • Flexible Zoning: Located in the C5-2.5 zoning district, the blank canvas allows for continued-use as a boutique office building or conversion to residential utilizing the valuable 16,095 SF of air rights.
  • Unparalleled Location: Located in the center of world commerce, entertainment, and shopping, Midtown Manhattan is home to a multitude of Fortune 500 companies’ headquarters.
  • The neighborhood is home to Grand Central Station and Penn Station, two of the city’s largest transportation hubs for commuters and NYC residents alike.
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