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Corner space available at 575 Fifth Ave. (Retail New York).

Prime retail space consisting of 2,400 SF, located on one of midtown Manhattan's busiest intersections at Fifth Avenue and 47th Street, is on the market for lease through Insignia/SEG.

Gary Trock and Loren Baron of Insignia/ESG's Retail Group are exclusively marketing the corner unit, which features 45 feet of frontage on the Avenue and 90 feet on East 47th Street. RCS Computer Experience currently occupies the space.

"This is superb space, offering an inviting corner entry-way, enormous window exposures and ceiling heights of 25 feet," noted Trock. "It is situated on arguably the busiest corner in the Grand Central sub-market, and is perfectly suited to an upscale retailer who wants a highly visible Fifth Avenue presence."

Notable neighbors in the nearby vicinity of 575 Fifth Ave. include HMV, Dino Baldini, Benneton, Blanc de Chine, Kenneth Cole, The Wiz, and the Shops at Rock Center.

Sterling Equities is the landlord of 575 Fifth Ave., a 540,000-SF, 40-story property featuring a 55,000-SF retail Atrium, which accommodates Ann Taylor, Starbucks, and Watabe Sporting Goods among others. Office tenants include L'Oreal, Barneys New York, Sterling Equities, and Westpac Banking Corporation.

For further information, please contact Trock or Baron at Insignia/ESG's midtown offices: 212. 984-8200.
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Title Annotation:Insignia/ESG Retail Group serves as exclusive agent
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 28, 2001
Words:206
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