Renovated Office Building with
For Lease
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261 5th Ave, New York, NY 10016
Renovated office building with an ornate lobby and gold-leaf ceiling, featuring expansive windows and 24/7 monitored concierge service.
Property Size1,361 SF
Days on Market703
Property Features for 261 5th Ave
General Information
Standard status
Active
Size
1,361 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: Aug 30, 2024
Changed: Jul 28
Last Checked: Aug 1 at 2:13PM
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 for strong daylighting and open sightlines. The property includes an ornate, impressive lobby with a gold-leaf ceiling, mosaic detailing, and distinctive chandeliers. Updates also include new elevators and refreshed common corridors, supporting a modernized tenant experience.
The building is positioned near Flatiron and Madison Square Park, with convenient access to major Midtown destinations including Penn Station, the Empire State Building, Madison Square Garden, and Herald Square. Transit access is supported by nearby subway lines N, R, 1, 2, and 3, along with New Jersey Path and Transit, LIRR, and Amtrak.
With a 24/7 concierge monitored lobby, the building is equipped for consistent front-desk presence and building security in its shared areas.
The building is positioned near Flatiron and Madison Square Park, with convenient access to major Midtown destinations including Penn Station, the Empire State Building, Madison Square Garden, and Herald Square. Transit access is supported by nearby subway lines N, R, 1, 2, and 3, along with New Jersey Path and Transit, LIRR, and Amtrak.
With a 24/7 concierge monitored lobby, the building is equipped for consistent front-desk presence and building security in its shared areas.
Key Highlights
- Recently renovated office building with 24/7 monitored concierge in an ornate lobby
- Ornate lobby features a gold‑leaf ceiling, mosaic detail, and unique chandeliers
- Expansive windows offering exceptional views
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 - Renovated office building with an ornate lobby and gold-leaf ceiling, featuring expansive windows and 24/7 monitored concierge service.
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 24/7 monitored concierge in an ornate lobby; Ornate lobby features a gold‑leaf ceiling, mosaic detail, and unique chandeliers; Expansive windows offering exceptional views