Renovated Office Building
For Lease
Contact for pricing
261 5th Ave, New York, NY 10016
Recently renovated office building features expansive windows, updated elevators, and a 24/7 monitored concierge lobby.
Property Size8,207 SF
Days on Market647
Property Features for 261 5th Ave
General Information
Standard status
Active
Size
8,207 SF
Property subtype
OFFICE
Amenities
24/7 concierge monitored lobby
Listing Agency:
The Feil Organization - Corporate
(212) 609-8666
Listed By:
Timothy Parlante
Source:
Moodyscre
Added: Oct 25, 2024
Changed: Jul 26
Last Checked: Aug 1 at 1:36PM
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.
This recently renovated office building offers expansive windows designed to provide exceptional views. The property includes an ornate lobby with gold-leaf ceiling and mosaic details, along with unique chandeliers. New elevators and updated common corridors were also modernized.
The building is positioned in close proximity to major Midtown landmarks and transit, including Flatiron and Madison Square Park, Penn Station, and Madison Square Garden. Access is supported by nearby subway lines N, R, 1, 2, and 3, as well as New Jersey Transit and PATH, and LIRR and Amtrak service.
With a 24/7 concierge monitored lobby and fully updated building systems and shared areas, the property is positioned for tenants seeking a polished, turn-key office environment.
The building is positioned in close proximity to major Midtown landmarks and transit, including Flatiron and Madison Square Park, Penn Station, and Madison Square Garden. Access is supported by nearby subway lines N, R, 1, 2, and 3, as well as New Jersey Transit and PATH, and LIRR and Amtrak service.
With a 24/7 concierge monitored lobby and fully updated building systems and shared areas, the property is positioned for tenants seeking a polished, turn-key office environment.
Key Highlights
- Recently renovated office building with expansive windows offering exceptional views
- 24/7 monitored concierge lobby with an ornate lobby, including a gold‑leaf ceiling, mosaic detail, and unique chandeliers
- New elevators and modernized/common‑corridors updates
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
84,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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
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Frequently Asked Questions
What type of property is this?
Office building - Recently renovated office building features expansive windows, updated elevators, and a 24/7 monitored concierge lobby.
Where is this office building located?
The property is located at 261 5th Ave New York, NY.
What are key features of this property?
This property features: Recently renovated office building with expansive windows offering exceptional views; 24/7 monitored concierge lobby with an ornate lobby, including a gold‑leaf ceiling, mosaic detail, and unique chandeliers; New elevators and modernized/common‑corridors updates
