501 Fifth Ave – The Astor Trust Building, New York, NY, Class B Office Building, space for lease

501 Fifth Ave – The Astor Trust Building, New York, NY, Class B Office Building

501 Fifth Ave – The Astor Trust Building, New York, NY, 10017

Cross Streets are: E 42nd St and E 41st St

23 Story Class B Office Building, Multiple Floors Available for lease 

Originally constructed in 1917, The Astor Trust Building stands as a remarkable symbol of timeless architecture. With its striking façade and beautifully designed lobby, this 22-story building artfully combines historic charm with the functionality required by today’s businesses.

Boasting approximately 156,997 square feet of adaptable office space, it provides an ideal environment for organizations of varying sizes.

Located at 501 Fifth Avenue, The Astor Trust Building offers a range of office solutions tailored to your business needs. Choose from private offices for focused productivity or collaborative coworking areas that foster interaction. With flexible layouts and a robust technology infrastructure, your workspace will support and evolve with your professional goals.

Prioritizing a refined tenant experience, the building includes a modern fitness center for a balanced work-life routine, on-site dining options for added convenience, and a rooftop terrace offering a peaceful city escape. Whether you’re focused on productivity, wellness, or simply unwinding with a view, The Astor Trust Building provides the ideal space to thrive.

Grand Central Station office space average price for rent: Class B $50-70 per SF.

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Property Details

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• Some space are fully built out with furniture
• Some space just open floors
• Total floors: 23
• Total Building Size: 152,361 SF
• Typical Floor Size: 6,300 SF
• Multiple spaces are available on different floors
• Sizes from 1,500 SF – 20,753 SF up to 26,824 SF
• This building’s approximate rent prices range from $45.00 – 65.00 per SF
• Floors from: Ground to 22nd
• Year Built: 1916

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Building Amenities

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• 24 Hour Access
• Atrium
• Bus Line
• Metro/Subway
• Property Manager on Site

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Notable tenants at this location

• Joanna Vargas
• Abramson Brothers
• Rubinstein and Goldfarb
• Pilates On Fifth
• Gotham Footcare
• S & E Azriliant, PC
• SquareFoot
• Bedrock Real Estate Partners
• Gentle Touch Laser
• TopSpin Creative
• Interesse International Inc
• Your Dental
• Reem Acra Inc.
• Joseph K Blum Co LLP
• Clear Laser City Clinic
• Global Health Funds
• Laser & Mohs Dermatology of New York
• Miller Medical Communications
• Aspen Analytics
• Liberty Associates Inc.
• Kaleidoscope Concepts

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Transportation in Grand Central Station

In this region, Grand Central Terminal is a primary transportation hub. It serves Metro-North trains and the East Side 4, 5, and 6 local and express subway lines. Grand Central acts as a central core for transit in Midtown Manhattan, offering rail, subway, bus, taxi, and airport service all within steps of the Main Concourse. Grand Central Terminal main entrance is 89 E. 42nd Street (at Park Avenue), New York, NY 10017. It is accessible via the 4, 5, 6, 7, and S subway lines, the M101, M102, M103, M1, M2, M3, M4, Q32, and M42 buses and the Hudson, Harlem, and New Haven lines on Metro-North.

Grand Central–42nd Street

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