85 Fifth Ave - Office CONDO FOR SALE


New York, NY 10003- Union Square
$8,999,999 USD
917-664-1452
85 Fifth Ave, New York, NY for Sale
$8,999,999 USD
Office CONDO - FOR SALE
1/18
null | Request Cap Rate

Jun '26


85 Fifth Ave
New York, NY 10003
Union Square


OVERVIEW

Opportunities to purchase at 85 Fifth Avenue are exceptionally rare—so rare, in fact, that this marks the first office sale in the building in more than 10 years. Positioned along one of Manhattan’s most iconic corridors, at the intersection of Union Square, Flatiron, and Greenwich Village, 85 Fifth Avenue offers buyers a chance to secure long-term ownership in a tightly held cooperative where supply is virtually nonexistent. The available space benefits from strong natural light, efficient proportions, and flexible layouts ideal for owner-users, professional firms, or investors seeking stability in a premier Fifth Avenue location. The building’s classic prewar architecture conveys permanence and credibility, while modern systems support today’s office needs. The building is completely electric, will not be subject to any NYC Local Law 97 carbon emission fines in 2030, and boasts an Energy Efficiency Grade of 97. Some space highlights include brand new electric baseboard heating, 3 Zone HVAC, 5 private bathrooms, 11 ½ foot ceilings and lots of oversized windows bringing in great natural light. With leasing costs continuing to fluctuate and quality inventory shrinking, ownership at 85 Fifth Avenue provides control, predictability, and insulation from market volatility—advantages that have clearly motivated existing shareholders to hold for decades. This offering represents a once-in-a-generation opportunity to establish a lasting presence on Fifth Avenue in a building where ownership rarely changes hands. Perfect for an owner/user or an investor, as the space can be easily reconfigured or subdivided to meet your needs. The ground floor retail is anchored by the recently opened New York Flagship Nespresso Experience Store. Asking Price is 8.99M RE Tax/CAM is $18,040 Per Month

FOR SALE DETAILS

PRICE

$8,999,999 USD

PRICE/SF

$968 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Landmark Cooperative

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

121,855 SF

STORIES

14

BUILDING CLASS

B

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C6-4M

APN/PARCEL ID

0844-0001

ASK ABOUT THIS PROPERTY

David GraffCompassMore Info
917-664-1452

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David GraffCompassMore Info
917-664-1452

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.