|Address:||303 Fifth Avenue||Class:||B|
|Cross Streets:||31st & 32nd Street||Size:||160,000 SF|
|Year built:||1909||Architect:||Buchman & Fox|
The office building located at 303 Fifth Avenue was completed in 1909, boasting a design by Buchman & Fox. Originally, the property was known as The Jewelry Building, as it was home to various retail and fashion tenants, including the renowned FAO Schwartz toy store.
The building continues to house numerous tenants in creative industries like media, fashion, and retail, and it’s also a popular destination for healthcare tenants and law professionals.
160 KSF of Class B Murray Hill Office Space
The Jewelry Building incorporates roughly 160,000 square feet of Class B Murray Hill office space, as well as ground-floor retail space. The 20-story building offers tenants amenities such as 24/7 security, on-site management, three passenger elevators and two freight elevators, and more. The lobby is lined with marble and has been renovated, while the tower’s facade was also restored in recent years. Office spaces are ideal for startups or smaller tenants, with floor plates averaging 8,500 square feet.
Getting to and from 303 Fifth Avenue
The building at 303 Fifth Avenue is convenient to the 6 train at Lexington Avenue, and is only a few blocks away from Herald Square, with access to the B, D, F, M, N, Q, and R trains and PATH service to New Jersey.
Who is renting office space at 303 Fifth Avenue?
The office building at 303 Fifth Avenue is home to various small and mid-size tenants in industries like healthcare, financial services, law, architecture and design, and media. Tenants renting office space at the Murray Hill building include Amtrade, Ariel Air Company, Netcom-World, Lincoln Travel, New Vista Horizons, and a Bread & Butter restaurant.
How much is the rent price for office space at 303 Fifth Avenue?
Office asking rents at 303 Fifth Avenue tend to be more affordable than the average commanded by Midtown Manhattan assets, an average that hovers close to the $90 per square foot mark. Class B assets such as The Jewelry Building tend to command lower rents than their Class A counterparts, while still offering all the modern amenities and systems that today’s office tenants look for.
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