245 5th Avenue, New York, NY 10016: A Deep Dive into this Midtown Manhattan Address
245 5th Avenue is a prominent address in the heart of Midtown Manhattan, New York City. This location boasts a rich history and currently houses a diverse range of businesses and tenants. Understanding its significance requires exploring its past, present, and potential future.
While a simple address might seem unremarkable, 245 5th Avenue holds a specific place in the vibrant tapestry of New York City. Its strategic location, architectural features, and the businesses it hosts contribute to its unique character. This in-depth analysis will explore the various facets of this Midtown address.
What kind of building is 245 5th Avenue?
245 5th Avenue is a multi-tenant commercial building. It's not a single-use structure like a residential apartment building or a solely corporate headquarters. Instead, it houses numerous businesses, likely representing a mix of industries and sizes, all sharing the building's space. The exact configuration of floors and tenants would require a more in-depth property analysis, potentially accessible through commercial real estate databases.
What companies are located at 245 5th Avenue?
Unfortunately, publicly available information regarding the specific tenants of 245 5th Avenue is limited. Commercial real estate listings often don't divulge the complete tenant roster for privacy reasons. To find out precisely which companies are located at this address, one would need to consult specialized commercial real estate databases or conduct further research.
What is the history of 245 5th Avenue?
Uncovering the complete history of 245 5th Avenue requires extensive archival research. The building’s age, architectural style, and previous occupants would all contribute to a rich narrative. This could involve exploring city records, architectural surveys, and historical newspaper archives to piece together the building's evolution over time. Such research is beyond the scope of this analysis, but it would certainly reveal an interesting story.
Is 245 5th Avenue a good location?
Yes, 245 5th Avenue's location in Midtown Manhattan is considered highly desirable for commercial purposes. Midtown is a central business district with excellent transportation links, high foot traffic, and proximity to numerous amenities. This makes it an attractive location for various businesses, leading to higher property values and rental rates. The specific advantages for a particular business would depend on its industry and target market.
What is the value of 245 5th Avenue?
Determining the precise value of 245 5th Avenue is complex. The property's worth is influenced by numerous factors, including its size, location, condition, and the current market. Accessing this information would likely require consulting commercial real estate appraisal firms or reviewing specialized databases that track property values within the New York City market. Public records may offer some insights, but a comprehensive valuation demands professional expertise.
Conclusion:
245 5th Avenue represents a significant piece of New York City's commercial real estate landscape. While its precise tenant roster and detailed history require additional research, its Midtown Manhattan location alone underscores its importance. The desirability of this address speaks to the ongoing economic vitality and competitive nature of the New York City market. Further investigation could reveal a fascinating history and a comprehensive picture of its current occupants.
