509 Fifth Avenue | TRD Research
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509 Fifth Avenue

509 Fifth Avenue
New York, NY 10036
Website
Office, Retail, Leasing/Rental
  • Year Built 1917
  • square feet 55,474
  • block and lot 1-01277-7501
  • BIN 1035354
  • Event Retail Leasing
  • Address 509 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 3,500
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 Jeff Sutton
  • Party 2 Skechers
notes
The shoe brand signed a 15-year lease. Skechers will replace shoe retailer Steve Madden.
  • Event Sales
  • Address 509 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 60,000
  • Price $ 39,750,000
  • Price per foot $ 662.50
notes
The property sold for $39.75 million, the New York Post reported. The buyers acquired the building as a tenants-in-common entity, a form of joint ownership of property. The group plans to redevelop the building into a Class A office and retail property after current tenant Israeli Discount Bank's lease for the upper nine floors runs out at the end of the year, according to the paper.
  • Event Sales
  • Address 509 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 48,667
  • Price $ 32,000,000
  • Price per foot $ 657.53
notes
The property sold for $32 million, or $462 per square foot. The building has 20,513 square feet of air rights for future development.
  • Event Retail Leasing
  • Address 509 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,842
  • Publication Date 06/01/2010
  • Event Date 04/22/2010
  • Party 1 Moinian Group
  • Party 1 Brokerage Moinian Group
  • Party 1 Broker Kimia Shadrokh
  • Party 2 Bakers Footwear
  • Party 2 Brokerage Botsaris Morris Realty Group
  • Party 2 Broker Peter Botsaris
notes
The women's footwear retailer inked a long-term lease. The space consists of 3,500 square feet on the ground, 1,842 square feet on the lower level and 500 square feet on the mezzanine.
  • Event Office Leasing
  • Address 509 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 4,978
  • Publication Date 11/01/2008
  • Event Date 09/22/2008
  • Party 1 Israel Discount Bank of New York
  • Party 1 Brokerage GVA Williams Real Estate
  • Party 1 Broker Dolores Minardi
  • Party 2 Vhayu Technologies
  • Party 2 Brokerage NYCRS
  • Party 2 Broker Constance Byrne
notes
The financial software company leased the entire 11th floor.
  • Event Retail Leasing
  • Address 509 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 7,947
notes
The international fashion retailer inked a lease for multi-level space. The tenant will occupy 3,500 square feet on the ground floor, 2,605 square feet on the mezzanine and 1,842 square feet on the lower level.