Purchased April 2015
Currently leased to Anthropology
12,946 Square feet split between ground level and basement
15+ foot ceilings
The Flatiron District, Lower Fifth Avenue, has become a bustling shopping destination in recent years, with Eataly in its northern end and a newly renovated, J Crew, Zara, Nike, H&M and Victoria Secret stores to its southern end.
Anthropology sits on the Corner of 5th avenue and 16th street with 50+ feet of frontage on Fifth Avenue. With its 15+ foot ceilings and large foot plate, 85 Fifth Avenue acts as a desirable destination for shoppers. Maguire teamed up with Wharton Properties to acquire 85 Fifth because we saw it as a foothold to the Flatiron District as well as a great long term asset hold.