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501 Fifth Ave. 20th Floor Office Rental
- Usage: Office
- Type: Direct Lease
- Floor: 20th Floor
- Size: 1,007 SQFT
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Price:
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- Term: Negotiable
This compact office opportunity is ideal for small businesses, consultants, solo practitioners, or investment professionals seeking a prestigious address without excess square footage. The layout includes one private perimeter office, a generously sized main work area that can accommodate up to six desks or an open team table, and a shared zone ideal for a small reception, waiting area, or internal file and equipment storage. The space’s unique combination of location, size, and elevation makes it one of the most sought-after configurations in the Midtown market.
Positioned high on the 20th floor of a well-maintained pre-war office tower, this boutique suite welcomes visitors with a clean, practical reception alcove that opens directly into a deep main room. The main workspace features newly installed acoustic ceiling tiles, upgraded LED lighting, and neutral-tone commercial carpeting, providing a bright and quiet setting for heads-down work or client meetings. Beyond the central bullpen, two framed wall openings at the rear lead into a private perimeter office that benefits from large windows overlooking Fifth Avenue and the iconic New York Public Library. The private room is brightly lit by southern sun and can serve equally well as an executive office, conference room, or creative studio.
All windows in the space offer exceptional skyline views, including an unobstructed vista up and down Fifth Avenue and across the public plaza below. With clean walls and practical finishes throughout, the space is move-in ready and easily adaptable to a variety of professional uses. Tenants on this floor enjoy access to multiple passenger and freight elevators, well-kept hallways, and a landmarked lobby that adds charm and credibility to client-facing operations. With immediate availability, a straightforward rectangular footprint, and a high-floor presence in a prime corridor, this rare offering checks every box for small-scale office users in Manhattan.
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501 Fifth Ave., New York, NY 10017
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About the Building
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.
