Art Deco Landmark Office
For Lease
Contact for pricing
551 5th Ave, New York, NY 10176
Prestigious landmark office building featuring bronze entrances and an Art Deco lobby, with new 7,000 SF conference/amenity space in progress.
Property Size4,609 SF
Days on Market644
Property Features for 551 5th Ave
General Information
Standard status
Active
Size
4,609 SF
Property subtype
OFFICE
Additional Details
Public Transit
Yes
Amenities
conference/amenity space
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 29
Last Checked: Jul 29 at 9:56AM
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 renowned 38-story landmark office building presents a beautifully restored exterior with bronze entrances and an Art Deco lobby. The building also has a new 7,000 SF conference and amenity space currently in progress, supporting on-site gathering and tenant-focused conveniences.
The property is situated at the northeast corner of 45th Street in Midtown Manhattan. It is steps from Grand Central and public transportation, and it is positioned near major Midtown businesses, upscale hotels, restaurants, and exclusive retailers.
Current prestige tenants include Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
The property is situated at the northeast corner of 45th Street in Midtown Manhattan. It is steps from Grand Central and public transportation, and it is positioned near major Midtown businesses, upscale hotels, restaurants, and exclusive retailers.
Current prestige tenants include Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
Key Highlights
- Renowned 38‑story landmark building at the northeast corner of 45th Street in Midtown Manhattan
- New 7,000 SF conference/amenity space now in progress
- Restored 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
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Frequently Asked Questions
What type of property is this?
Office building - Prestigious landmark office building featuring bronze entrances and an Art Deco lobby, with 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: Renowned 38‑story landmark building at the northeast corner of 45th Street in Midtown Manhattan; New 7,000 SF conference/amenity space now in progress; Restored exterior with bronze entrances and an Art Deco lobby