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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.
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