|Address:||347 Fifth Avenue||Class:||B|
|Cross Streets:||33rd & 34th Streets||Size:||107,637 SF|
|Year built:||1907||Architect:||Maynicke & Franke|
The office building rising at 347 Fifth Avenue in Midtown Manhattan was built in 1907, with a design by architects Maynicke & Franke. The limestone tower includes Class B office space, retail space, as well as showroom space, in a convenient Murray Hill location. Various office tenants of all sizes call the building home, as well as retail tenants on the property’s ground floor.
108 KSF of Class B Murray Hill Office Space
The Fifth Avenue building offers 107,637 square feet of Class B Murray Hill office space. The 16-story building is owned and managed by Empire Management, and incorporates roughly 10,000 square feet of retail and showroom space. Amenities at 347 Fifth Avenue include 24/7 tenant access and security, UPS and FedEx service until 9pm, and three passenger elevators, among others. Office floor plates average 6,250 square feet, making the building an ideal choice for startups and small businesses.
Getting to and from 347 Fifth Avenue
The building, which is located at the intersection of 34th Street and Fifth Avenue, is convenient to Herald Square, with access to the B, D, F and M trains, as well as the 6 train at 33rd Street. 347 Fifth Avenue benefits from an excellent Murray Hill location, connecting those working in the building to various shopping and dining destinations in Midtown.
Who is renting office space at 347 Fifth Avenue?
The office building at 347 Fifth Avenue is home to a large number of businesses, particularly small and mid-sized tenants, given the reduced size of its floor plates. Among those that call the Murray Hill building home are Big Apple Management, Breather, Empire Management, One Entertainment, Fox Associates, and The Bradford Group. Retail tenants include Frame Gourmet Eatery.
How much is the rent price for office space at 347 Fifth Avenue?
Office asking rents at the Class B property are significantly more affordable than the average commanded in Midtown Manhattan, which hovers around $89 per square foot. Rents at 347 Fifth Avenue start somewhere around $65 per square foot and can go as high as $70 per square foot, depending on the terms of the lease.