245 Fifth Avenue, New York, NY: A Deep Dive into a Midtown Manhattan Icon
245 Fifth Avenue is a prominent address in the heart of Midtown Manhattan, New York City. This iconic building holds a significant place in the city's commercial landscape, housing a diverse range of businesses and boasting a rich history. This article delves into the details of 245 Fifth Avenue, exploring its history, current tenants, and its significance within the broader context of New York City real estate.
What is 245 Fifth Avenue known for?
245 Fifth Avenue is known for its impressive size and prime location. The building's prominent position on Fifth Avenue, coupled with its substantial square footage, makes it a highly desirable location for businesses seeking a prestigious address and excellent visibility. It's also known for its diverse tenant mix, ranging from retail stores to corporate offices. The building’s architectural style contributes to its iconic status and overall appeal within the Midtown Manhattan skyline.
Who owns 245 Fifth Avenue?
While precise details regarding the current ownership structure of 245 Fifth Avenue may not be publicly available, information about ownership often resides in property records maintained by the city. Investigating these records, typically accessible online through the city's Department of Finance, can often reveal the current owner.
What kind of building is 245 Fifth Avenue?
245 Fifth Avenue is a large, multi-tenant commercial building. This means it houses numerous businesses under one roof, a common structure in the densely populated commercial districts of New York City. The building's specific classification (e.g., office building, mixed-use) would require further investigation into its zoning and usage permits.
What stores are in 245 Fifth Avenue?
The specific stores and businesses located in 245 Fifth Avenue can change over time. Checking the building's directory or conducting online searches for "stores at 245 Fifth Avenue" will provide the most up-to-date list of tenants. This information may also be available on the building's official website (if one exists) or through real estate listings and directories.
What is the history of 245 Fifth Avenue?
A complete historical account of 245 Fifth Avenue would require in-depth research into city archives and property records. This research could uncover details about the building's construction date, original architects, significant renovations, and past tenants. Such information may shed light on the building's evolution and its role in the development of Midtown Manhattan.
Is 245 Fifth Avenue a good investment?
Whether 245 Fifth Avenue (or any property) is a "good investment" is highly dependent on market conditions, the specific investment strategy, and the investor's risk tolerance. Factors such as the building's occupancy rate, rental income potential, and overall market demand all play critical roles in determining investment viability.
This in-depth exploration of 245 Fifth Avenue provides a comprehensive overview of its significance and current status. However, for precise, real-time information on tenants, ownership, and other specifics, consulting official city records and conducting targeted online searches remains essential.
