Brand New Office Space Sublease in Midtown Manhattan
As tech, advertising, media, and information tenants in New York City engulf a larger market share of office leases, landlords in the Bryant Park area have seized the opportunity to create a hub that appeals to this ever-evolving sector. Bryant Park was once a neighborhood that was often neglected in reviewing midtown office product. Today, however, with its proximity to both Penn Station and Grand Central Station, dining opportunities, access to fitness experiences, and special seasonal events, it has become a thriving ecosystem that capitalizes on TAMI tenants’ desire to enjoy a work/life balance. Bryant Park has undoubtedly become a submarket of midtown to consider in any midtown space search process. With that being said, a brand new office space sublease in midtown Manhattan recently hit the market on the corner of 41st Street and Fifth Avenue.
Offered for sublease from Bacardi, it measures 4,103 rentable square feet. Situated at 475 Fifth Avenue, this space was built only two years ago with no expense spared. The unit is outfitted in furniture by top brands Knoll, Geiger, and Herman Miller. It was constructed with a mixture of dropped and exposed ceilings, concrete floors, and high-end glass-fronted offices. This is a unique opportunity for a small tenant to occupy an entire floor creating an inherent savings on usable square footage. Built with a mixture of offices and open area, the premises also includes two private, fully furnished, and spacious outdoor terraces that overlook Bryant Park. Available for occupancy immediately, this sublease runs through May of 2026.