5 E A S T 5 9 T H S T R E E T, B E T W E E N F I F T H & M A D I S O N A V E N U E S , N E W Y O R K
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
Mondays
Tuesdays
Wednesdays
Thursdays
Fridays
Saturdays
Sundays
Mondays
Tuesdays
Wednesdays
Thursdays
Fridays
Saturdays
Sundays
R E F R A M E Y O U R F R A M E O F R E T A I L
5 E A S T 5 9 T H S T R E E T , B E T W E E N F I F T H & M A D I S O N A V E N U E S , N E W Y O R K
L O C A T I O N A L A N A L Y T I C S
L O C A T I O N A L A N A L Y T I C S
E 62nd Street
E 61st Street
E 60th Street
E 59th Street
E 58th Street
E 57th Street
E 56th Street
E 55th Street
E 56th Street
E 57th Street
E 58th Street
E 59th Street
5th
Ave
nue
Ave
nue
of t
he A
mer
icas
Mad
ison
Ave
nue
Park
Ave
nue
Mad
ison
Ave
nue
View From Bergdorf Women
View From The Plaza
E 62nd Street
E 61st Street
E 60th Street
E 59th Street
E 58th Street
E 57th Street
E 56th Street
E 55th Street
E 56th Street
E 57th Street
E 58th Street
E 59th Street
5th
Ave
nue
Ave
nue
of t
he A
mer
icas
Mad
ison
Ave
nue
Park
Ave
nue
Mad
ison
Ave
nue
View From Bergdorf Men
View From Madison Avenue
sour
ce: P
edes
tria
n C
oun
ts: G
rand
Cen
tral
Par
tner
ship
, Tim
es S
qua
re A
llian
ce, W
inic
k A
naly
tics
DESTINATION. CONVENIENCE.
5 East 59 sits at the entrance to Central Park, where 63 million people enter the park every year. Given 5 East 59’s access to these transit nodes, a retailer’s catchment extends well beyond the enormous local market, reaching into the residential neighborhoods of Manhattan, the populous outer boroughs of NYC and into the suburban counties of the greater MSA and beyond.
With superior proximity to transit, 5 East 59 offers the retailer the equal accessibility to capture the attention of commuters, travelers and passersby who have an impulse to purchase as well as those who live and work outside of the trade area and are purposely driven to purchase.
DRIVER:PEDESTRIAN COUNT
10:00 to 10:59 11:00 to 11:59 12:00 to 12:59 1:00 to 1:59 2:00 to 2:59 3:00 to 3:59 4:00 to 4:59 5:00 to 6:00
0
500
1000
1500
2000
2500
3000
3500
4000
4500
Ap
ple
Pla
za
Rol
ex B
uild
ing
H&
M
E 58th St
E 60th St
E 59th St
E 57th St
E 56th St
E 62nd St
E 61st St
E 55th St
5th A
ve
Mad
ison A
ve
6th A
ve
E 54th St
E 63rd St
Park
Ave
E 53rd St
E 51st St
E 53rd StE 53rd St
E 52nd St
E 65th St
E 64th St
Lexin
gton
Ave
6th A
ve
5th A
ve
Park
Ave
Mad
ison A
ve
Lexin
gton
Ave
5th A
ve
Park
Ave
Lexin
gton
Ave
Mad
ison A
ve
40K
25K
18K
11K
12K
13K
sour
ce: P
edes
tria
n C
oun
ts: G
rand
Cen
tral
Par
tner
ship
, Tim
es S
qua
re A
llian
ce, W
inic
k A
naly
tics
0.97K
to 8.
0K
8.0K to
16.0K
16.0K
to 24
.4K
24.4K
to 32
.3K
32.3K
to 40
.1K
40.1K
to 48
.0K
48.0K
to 55
.8K
55.8K
to 63
.6K
Daily Pedestrian Counts
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p 12a 3a
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
6a 9a 12p 3p 6p 9p
Mondays
Tuesdays
Wednesdays
Thursdays
Fridays
Saturdays
Sundays
Mondays
Tuesdays
Wednesdays
Thursdays
Fridays
Saturdays
Sundays
APPLE STORE
THE LOCATION
At the apex of Fifth Avenue with neighbors
Cartier, Bergdorgf, Goodman, and the iconic
Apple cube [ believed to be the highest
grossing retail store in the world ], 5 East
59th Street resides in the most desirable retail
corridor in Manhattan, and the world. Superbly
connected by nine subway lines, its broad and
welcoming façade will be noticed by thousands
of people every day.
THE RETAIL CLIMATE
Crowning the Fifth Avenue retail corridor and
opposite the Plaza Hotel, 5 East 59th Street
is a unique offering set in the middle of the
“Golden Triangle” that connects Bergdorf
Goodman, Barneys and Bloomingdale’s.
Cartier is rumored to be grossing over $100
Million per annum out of 7,500 SF. 50% of
the stores income comes from walk-ins.
sour
ce: B
urea
u o
f Eco
nom
ic A
naly
sis
THE GOLDEN TRIANGLE
The New York MSA contributes more to the nation’s GDP than any other MSA in the nation. New York City alone, according to a recent study cited in Crain’s, creates more GDP than the entire nation of Spain.
Within walking distance of 5 East 59 is an estimated 70,000,000 people who enter and exit the marketplace each year from all over the world via train, foot, airplane or car. All with billions and billions of dollars of buying power at their immediate disposal.
And because it is surrounded by, and convenient to, the wealthiest and most populous commercial office districts, the most used transit portals, the most visited tourist attractions and the densest and wealthiest residential neighborhoods, 5 East 59’s market catchment extends to the likes of the Upper West Side, Westchester, the Midwest, Europe and Asia. That is an enormous amount of accessible wealth, more so than most states and most countries, and in turn, an enormous amount of disposable income available to be spent.
With 5 East 59, a retailer is in a primary position to capture a portion of these tens of billions of dollars that are ready, willing and able to spent on retail goods and services, 24/7/365.
DRIVER:BUYING POWER
CROSSROADSB A R N E Y S + B E R G D O R F + B L O O M I N G D A L E ’ S
#1 T O P P H O T O G R A P H E D R E T A I L L O C A T I O N W O R L D W I D E
40 MILLIONC E N T R A L P A R K P R O X I M I T Y , Y E A R L Y V I S I T O R S
$1.5 BILLIONA N N U A L R E T A I L S A L E S W I T H I N O N E B L O C K
4.6 MILLIONA P P L E S T O R E Y E A R L Y F O O T T R A F F I C
26 MILLION
N E A R B Y A N N U A L S U B W A Y R I D E R S H I P
T H E B U I L D I N G
5 East 59th Street sits in the heart of the Plaza District, NYC’s preeminent shopping and commercial neighborhood, and is located directly across from the iconic Apple cube, believed to be the highest grossing retail store in the world.
This unique offering dedicates eight newly reconstructed and highly configurable stories to the tenant who values the unrivaled co-tenancy and exposure of this world-class location.
With 50 feet of frontage across 100 vertical feet, offering unlimited branding potential, this is an unprecedented “blank canvas” opportunity and available immediately.
CROSSROADSB A R N E Y S + B E R G D O R F + B L O O M I N G D A L E ’ S
#1 T O P P H O T O G R A P H E D R E T A I L L O C A T I O N W O R L D W I D E
40 MILLIONC E N T R A L P A R K P R O X I M I T Y , Y E A R L Y V I S I T O R S
$1.5 BILLIONA N N U A L R E T A I L S A L E S W I T H I N O N E B L O C K
4.6 MILLIONA P P L E S T O R E Y E A R L Y F O O T T R A F F I C
26 MILLION
N E A R B Y A N N U A L S U B W A Y R I D E R S H I P
T H E B U I L D I N G
5 East 59th Street sits in the heart of the Plaza District, NYC’s preeminent shopping and commercial neighborhood, and is located directly across from the iconic Apple cube, believed to be the highest grossing retail store in the world.
This unique offering dedicates eight newly reconstructed and highly configurable stories to the tenant who values the unrivaled co-tenancy and exposure of this world-class location.
With 50 feet of frontage across 100 vertical feet, offering unlimited branding potential, this is an unprecedented “blank canvas” opportunity and available immediately.
sour
ce:
Flic
kr.c
om
(201
4), E
xped
ia.c
om
(201
4)
GLOBAL REACH
Parsing Flicker metadata, we have plotted the concentrations of tourists on a given day of the year. Not surprisingly, they are concentrated more in Plaza District than anywhere else in Manhattan.
The demographic profile of the tourist is changing. More than ever, they are the consumers from the emerging middle class of China, Brazil and Russia, joining the historical bases of Canada, Great Britain, Europe, the US and the greater metropolitan area. They are wealthy and more sophisticated than in the past, voraciously consuming goods of well-known brands that have prestige and cache.
5 East 59 sits near that concentration, affording the retailer the opportunity to capture those tourist dollars before they leak to other parts of the city.
DRIVER:TOURISM
E 58th St
E 60th St
E 59th St
E 57th St
E 56th St
E 62nd St
E 61st St
E 55th St
5th A
ve
Mad
ison A
ve
6th A
ve
E 54th St
E 63rd St
Park
Ave
E 53rd St
E 51st St
E 53rd StE 53rd St
E 52nd St
E 65th St
E 64th St
Lexin
gton
Ave
6th A
ve
5th A
ve
Park
Ave
Mad
ison A
ve
Lexin
gton
Ave
5th A
ve
Park
Ave
Lexin
gton
Ave
Mad
ison A
ve
1,932
177
77
100
239 238
368
200
229
282
628
134
379
208
259
426
74
Hotel RoomsROOMS
Tourist ConcentrationLess More
sour
ce: N
YC D
epar
tmen
t o
f City
Pla
nnin
g (2
014)
, Inf
osy
s (2
013)
WELL-EDUCATED, VERY WELL-COMPENSATED
Within a few minutes’ walk of 5 East 59 are the densest and wealthiest commercial & Residential districts in the United States: Billionaires Row, the Gold Coast & Madison Avenue. Together, their population is greater than the office population of Los Angeles.
Over 68% of the area’s workforce is employed in the TAMI (technology, advertising, marketing, internet), FIRE (finance, insurance, real estate) and Business Services sectors, representing the highest concentration of well-compensated, well-educated workers in the nation.
Anecdotal evidence suggests that more is paid in wages and compensation to the trade area’s workforce alone than what is paid in total wages and compensation to the workforce of most of the nation’s states.
DRIVER:OFFICE WORKERS
E 58th St
E 60th St
E 59th St
E 57th St
E 56th St
E 62nd St
E 61st St
E 55th St
5th A
ve
Mad
ison A
ve
6th A
ve
E 54th St
E 63rd St
Park
Ave
E 53rd St
E 51st St
E 53rd StE 53rd St
E 52nd St
E 65th St
E 64th St
Lexin
gton
Ave
6th A
ve
5th A
ve
Park
Ave
Mad
ison A
ve
Lexin
gton
Ave
5th A
ve
Park
Ave
Lexin
gton
Ave
Mad
ison A
ve
Office Square Footage
1-18,750
18,750 - 57,150
57,150 - 115,380
115,380 - 200,760
200,760 - 338,760
338,760 - 553,560
553,560 - 850,730
850,730 - 1,323,150
1,323,150 - 2,175,060
2,175,060+
sour
ce: I
nsta
gra
m.c
om
(201
4)
THE MOST PHOTOGRAPHED LOCATION IN THE WORLD
According to Instagram, about 90% of its users are teens, in their 20s and 30s. Parsing through Instagram metadata, we have plotted where the highest concentration of this most coveted cohort congregate en masse. Our research indicates they are concentrated more in Plaza District than anywhere else in New York.
Despite this concentration of this most coveted, amped-up cohort, they are sorely underserved. 5 East 59’s location and characteristics offer the retailer the unique ability to create a big, highly impactful store that these cohorts will walk to, buy product in, and brag about to their friends, acquaintances and followers. It’s an impact that cannot be recreated anywhere - not SoHo, not Flatiron, not Times Square.
DRIVER:GEN XERS/YERS, MILLENIALS
E 58th St
E 60th St
E 59th St
E 57th St
E 56th St
E 62nd St
E 61st St
E 55th St
5th A
ve
Mad
ison A
ve
6th A
ve
E 54th St
E 63rd St
Park
Ave
E 53rd St
E 51st St
E 53rd StE 53rd St
E 52nd St
E 65th St
E 64th St
Lexin
gton
Ave
6th A
ve
5th A
ve
Park
Ave
Mad
ison A
ve
Lexin
gton
Ave
5th A
ve
Park
Ave
Lexin
gton
Ave
Mad
ison A
ve
LESS MORE
Concentration
sour
ce: R
ider
ship
: Met
rop
olit
an T
rans
it A
utho
rity
(201
4)
DESTINATION. CONVENIENCE.
5 East 59 sits at the entrance to Central Park, where 63 million people enter the park every year. There are 9 subway lines surrounding the building. Given 5 East 59’s access to these transit nodes, a retailer’s catchment extends well beyond the enormous local market, reaching into the residential neighborhoods of Manhattan, the populous outer boroughs of NYC and into the suburban counties of the greater MSA and beyond.
With superior proximity to transit, 5 East 59 offers the retailer the equal accessibility to capture the attention of commuters, travelers and passersby who have an impulse to purchase as well as those who live and work outside of the trade area and are purposely driven to purchase.
DRIVER:TRANSIT
E 58th St
E 60th St
E 59th St
E 57th St
E 56th St
E 62nd St
E 61st St
E 55th St
5th A
ve
Mad
ison A
ve
6th A
ve
E 54th St
E 63rd St
Park
Ave
E 53rd St
E 51st St
E 53rd StE 53rd St
E 52nd St
E 65th St
E 64th St
Lexin
gton
Ave
6th A
ve
5th A
ve
Park
Ave
Mad
ison A
ve
Lexin
gton
Ave
5th A
ve
Park
Ave
Lexin
gton
Ave
Mad
ison A
ve
40M
25M
4.48M
sour
ce: R
ider
ship
: Met
rop
olit
an T
rans
it A
utho
rity
(201
4)
0.97M
to 8.
0M
8.0M
to 16
.0M
16.0M
to 24
.4M
24.4M
to 32
.3M
32.3M
to 40
.1M
40.1M
to 48
.0M
48.0M
to 55
.8M
55.8M
to 63
.6M
Daily Pedestrian Counts
DESTINATION. CONVENIENCE.
Plotting taxi drop off points, pedestrian counts and regional draws and attractions, it is no surprise that the area has the highest concentration of morning, noon, night and late night activity in New York, if not the nation.
Area retailers take advantage of this round-the-clock activity by opening earlier and staying open later so as to fully capture the buying power of the office worker, tourist, student, theater-goer, concert-goer, night owl and commuter. All those extra hours of business can add up to one additional day of sales, which is a day more than 5th Avenue, SoHo, Flatiron, Meatpacking or any other retail district or mall in the U.S.
5 East 59th Street sits central to this activity and to the consumer who is in the marketplace ready, willing and able to spend, 24/7/365.
DRIVER:ACTIVITY
W 56th St
W 44th St
W 48th St
W 40th St
W 42nd St
W 60th St
W 45th St
W 55th St
W 46th St
W 51st St
W 54th St
W 50th St
W 43rd St
W 52nd St
W 57th St
W 49th St
W 58th St
W 53rd St
W 47th St
E 55th St
E 54th St
E 57th St
E 59th St
E 53rd St
E 59th St
E 58th St
E 56th St
E 52nd St
E 49th St
E 50th St
E 48th St
E 51st St
E 40th St
E 46th St
E 41st St
E 47th St
E 43rd St
E 42nd St
E 44th St
E 45th St
W 58th St
W 55th St
W 57th St
W 53rd St
W 54th St
W 52nd St
W 56th St
W 47th St
W 45th St
W 51st St
W 49th St
W 48th St
W 46th St
W 50th St
W 43rd St
W 44th St
W 41st St
W 42nd St
W 40th St
9th A
ve
5th A
ve
Mad
ison A
veBroadway Park
Ave
6th A
ve
7th A
ve
8th A
ve
Broadway8th A
ve
Mad
ison A
ve
Park
Ave7th Ave 5t
h Ave
9th A
ve
6th A
ve6t
h Ave
8th A
ve
7th A
ve
9th A
ve
Mad
ison A
ve
5th A
ve
Broa
dway
W 38th St
W 39th St
W 38th St
W 39th St
E 38th St
E 39th St
W 56th St
W 44th St
W 48th St
W 40th St
W 42nd St
W 60th St
W 45th St
W 55th St
W 46th St
W 51st St
W 54th St
W 50th St
W 43rd St
W 52nd St
W 57th St
W 49th St
W 58th St
W 53rd St
W 47th St
E 55th St
E 54th St
E 57th St
E 59th St
E 53rd St
E 59th St
E 58th St
E 56th St
E 52nd St
E 49th St
E 50th St
E 48th St
E 51st St
E 40th St
E 46th St
E 41st St
E 47th St
E 43rd St
E 42nd St
E 44th St
E 45th St
W 58th St
W 55th St
W 57th St
W 53rd St
W 54th St
W 52nd St
W 56th St
W 47th St
W 45th St
W 51st St
W 49th St
W 48th St
W 46th St
W 50th St
W 43rd St
W 44th St
W 41st St
W 42nd St
W 40th St
9th A
ve
5th A
ve
Mad
ison A
veBroadway Park
Ave
6th A
ve
7th A
ve
8th A
ve
Broadway8th A
ve
Mad
ison A
ve
Park
Ave7th Ave 5t
h Ave
9th A
ve
6th A
ve6t
h Ave
8th A
ve
7th A
ve
9th A
ve
Mad
ison A
ve
5th A
ve
Broa
dway
W 38th St
W 39th St
W 38th St
W 39th St
E 38th St
E 39th St
RETAIL OPPORTUNITY- High traffic location in the apex of Madison, 5th Avenue and Billionaire’s Row- Standalone building allows flexibility to change layout at any time without Landlord approval- Build-to-suit retail space for efficient operations given high customer volumes
MARKETING OPPORTUNITY- Showcase your brand in the world’s most visited tourist location- Dramatically increase awareness of new menu items and promotions
DRIVER:MARKETING
DARRELLRUBENST 2 1 2 . 7 9 2 . 2 6 [email protected]
KELLYGEDINSKYT 2 1 2 . 7 9 2 . 2 6 [email protected]
LEEBLOCKT 2 1 2 . 7 9 2 . 2 6 [email protected]
JEFFWINICKT 2 1 2 . 7 9 2 . 2 6 0 [email protected]
DAVID FALKT 2 1 2 . 372 . [email protected]
DANIEL LEVINET 2 1 2 . 372 . [email protected]
JASON GREENSTEINT 2 1 2 . 372 . 2 [email protected]
W I N I C K R E A L T Y G R O U P N E W M A R K G R U B B K N I G H T F R A N K
www.winick.com
5 E A S T 5 9 T H S T R E E TN E W Y O R K , N Y , 1 0 0 2 2
5 E 5 9 . C O M
Although all information regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.