Landmark Office Building with Conference
For Lease
Contact for pricing
551 5th Ave, New York, NY 10176
38-story office landmark offers restored Art Deco lobby and new 7,000 SF conference/amenity space in progress.
Property Size2,401 SF
Days on Market644
Property Features for 551 5th Ave
General Information
Standard status
Active
Size
2,401 SF
Property subtype
OFFICE
Building Details
Stories
38
Listing Agency:
The Feil Organization - Corporate
(212) 279-7600
Listed By:
Kevin Driscoll
Source:
Moodyscre
Added: Oct 25, 2024
Changed: Jul 26
Last Checked: Jul 29 at 12:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Feil Organization - Corporate
Investment Insights
Based on property information with market context.
Set within a renowned 38-story landmark building, this offering includes beautifully restored building exterior features, bronze entrances, and an Art Deco lobby. A new 7,000 SF conference/amenity space is currently in progress, designed to support building-wide professional needs.
The building is positioned steps from Grand Central and public transportation, with proximity to major Midtown businesses, upscale hotels, restaurants, and exclusive retailers. Confirmed tenant roster includes Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
For tenants seeking a prestigious Midtown high-rise experience, the combination of classic lobby finishes, restored exterior details, and an expanding conference/amenity component supports a polished workplace environment.
The building is positioned steps from Grand Central and public transportation, with proximity to major Midtown businesses, upscale hotels, restaurants, and exclusive retailers. Confirmed tenant roster includes Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
For tenants seeking a prestigious Midtown high-rise experience, the combination of classic lobby finishes, restored exterior details, and an expanding conference/amenity component supports a polished workplace environment.
Key Highlights
- 38‑story office landmark at the northeast corner of 45th Street in Midtown Manhattan
- New 7,000 SF conference/amenity space is now in progress
- Restored building exterior with bronze entrances and an Art Deco lobby
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
94,218
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for New York, NY
$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - 38-story office landmark offers restored Art Deco lobby and new 7,000 SF conference/amenity space in progress.
Where is this office building located?
The property is located at 551 5th Ave New York, NY.
What are key features of this property?
This property features: 38‑story office landmark at the northeast corner of 45th Street in Midtown Manhattan; New 7,000 SF conference/amenity space is now in progress; Restored building exterior with bronze entrances and an Art Deco lobby
