245 5th Avenue, New York, NY 10016: A Deep Dive into this Iconic Address
245 5th Avenue is a prominent address in the heart of New York City, situated in the bustling Midtown South neighborhood of Manhattan. This location isn't just a street number; it represents a significant piece of New York's commercial history and continues to hold considerable importance in the city's real estate landscape. This post will delve into the history, current occupants, and notable features of 245 5th Avenue.
What is located at 245 5th Avenue?
245 5th Avenue is a large commercial building, housing a variety of businesses. While a single, overarching tenant doesn't define the address, it's known for its mix of office spaces, retail locations, and potentially some residential units (though this is less prominent than the commercial aspects). The specific tenants change over time as leases expire and new businesses move in. To get the most up-to-date information on current occupants, you would need to consult commercial real estate listings or the building's management.
What kind of building is 245 5th Avenue?
The building at 245 5th Avenue is a multi-story commercial structure. The exact architectural style and year of construction would require further research into property records. However, given its location in Midtown South, it's likely a relatively modern high-rise or a significant mid-century building reflecting the area's architectural evolution. The building's design probably prioritizes efficient use of space to accommodate the numerous businesses it houses.
Is 245 5th Avenue a good location?
The location of 245 5th Avenue is highly desirable for commercial purposes. Midtown South is a vibrant area with excellent transportation links, making it easily accessible for employees and customers. The proximity to other major businesses and landmarks adds to its appeal. Furthermore, the high foot traffic in this area provides excellent visibility for retail establishments located within the building. The desirability, however, also contributes to higher rental costs, reflecting the premium placed on this prime Manhattan location.
What is the history of 245 5th Avenue?
Unfortunately, comprehensive historical data on the specific building at 245 5th Avenue requires deeper archival research into city records and property histories. Tracing the building's construction, previous owners, and major renovations would necessitate accessing resources like the New York City Department of Buildings records and potentially historical real estate archives. Such research would reveal a fascinating story of the building's evolution within the dynamic context of New York City's development.
Who owns 245 5th Avenue?
Determining the current owner of 245 5th Avenue requires accessing public property records, likely maintained by the New York City Department of Finance or a similar agency. These records usually specify the legal owner of the property, often a corporation or a real estate investment trust.
This information provides a starting point for understanding 245 5th Avenue. To obtain more detailed and specific information, further research using official city resources and real estate databases is recommended.
