77 West 55th Street

New York, New York 10019 38 W 39th St. NY NY 10018

212-581-3003

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589 Fifth Ave – 589 5th Avenue, New York, NY, Diamond District, Class A Office Building

  • Upon Request
589 5th Ave, New York, NY 10017, USA
For Lease/Rent
589 Fifth Ave – 589 5th Avenue, New York, NY, Diamond District, Class A Office Building
589 5th Ave, New York, NY 10017, USA
  • Upon Request

Description

589 Fifth Ave – 589 5th Avenue, New York, NY, Diamond District, Class A Office Building

 

589 Fifth Ave – 589 5th Avenue, New York, NY, 10017

Cross Streets are: E 48th St and E 47th St

17 Story Class A Office Building, Multiple Floors Available 

Renovated in 1989 to serve as a premier Diamond Building, 589 Fifth Avenue offers tenants both prestige and convenience. This building features 24/7 access, allowing businesses to operate around the clock with ease.

589 Fifth Avenue is Wired Certified Gold, a distinction that signifies the building’s top-tier connectivity infrastructure. Tenants have access to multiple high-quality internet service providers and a range of cabling types, including fiber, ensuring robust and reliable connectivity.

The building’s infrastructure is designed to protect and support these connections, offering redundancy and future-proofing for the evolving needs of businesses.

Available internet service providers at 589 Fifth Avenue include Broadview (Fiber), Time Warner Cable (Coaxial), Verizon (Copper), Transbeam (Fiber), RCN (Fiber and Coaxial), and Time Warner Cable Business (Fiber).

These options ensure that tenants can select the best service to meet their specific connectivity requirements.

Grand Central Station office space average price for rent: Class A $75-85 per square foot.

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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: 17
  • Total Building Size: 184,000 SF
  • Typical Floor Size: 10,440 SF
  • Available space on multiple floors for lease at affordable rates
  • Sizes from 2,800 SF – 3,700 SF up to 21,116 SF
  • Floors from 6th to 17th
  • Year Built: 1954

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Building Amenities

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  • Air Conditioning
  • Banking
  • Bus Line
  • Conferencing Facility
  • Metro/Subway
  • Natural Light
  • Property Manager on Site

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Notable tenants at this location
  • WILLIAM GOLDBERG
  • Old City Capital
  • H&M Home
  • Friman & Stein Inc
  • Under the Crown
  • Yafa Jewelry Inc
  • Superior Diamond Cutters Inc
  • Erstwhile Jewelry
  • Emet Capital Management, LLC
  • Siegelson’s Diamond
  • Singapore Tourism Board
  • Fairway Diamond, Inc.
  • Evergreen Gem Corp.
  • Neli Gems
  • L J West Diamond Inc
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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"4" train"5" train"6" train"6" express train"7" train"7" express train​​42nd Street Shuttle

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Details

Updated on October 16, 2025 at 2:31 pm
  • Property ID: GC-100-449
  • Price: Upon Request
  • Property Size: 184000 Sq Ft
  • Year Built: 1954
  • Property Type: Office Space
  • Property Status: For Lease/Rent
  • Price: per square foot
  • Lease term: 3-10 Years
  • Suite/Floor: Total Floors 17
  • Pre-built offices: 1 - 100
  • Reception Area: Yes
  • Central HVAC: Yes
  • Available Furniture: Yes
  • Attended Lobby: Yes
  • Building Class: A
  • Address 589 Fifth Ave
  • City New York
  • State/county New York
  • Zip/Postal Code 10017
  • Area Diamond District, Grand Central

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