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    251 5Th Ave New York, NY 10016

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    For Lease
    Contact for pricing

    Adaptable office and showroom spaces available for lease.

    Property size:
    5,000 SF
    Lot size:
    0.19 Acres

    Property Features for 251 5Th Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.19 Acres

    Source: Kassin Sabbagh Realty (KSR) Agent Ezra Falack

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Office and Showroom Space

    Available for lease are two distinct spaces: Space B, a traditional office layout featuring an open area and three private offices, and Space C, a former showroom. Space C also includes an internal staircase. The property offers versatile options for businesses seeking office or showroom space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Work Carter Fitness Personal Trainer Laser Nurse | Laser ... Laser Hair Removal Service Pillar Performance Physical Therapy Clinic Ira D Ganzfried ... Accountant Pan International Group ... Marketing Consultant

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Hair Salon Dental Office Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.987051
    Latitude
    40.7447121

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    FAQs

    What type of property is this?
    Office space - Adaptable office and showroom spaces available for lease.
    Where is this office space located?
    The property is located at 251 5Th Ave New York, NY.
    What are key features of this property?
    This property features: - Traditional office space available in Space B; - Enjoy an open layout in Space B, complemented by three private offices; - Former showroom space available in Space C
    (212) 417-9217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    251 5Th Ave New York, NY 10016
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