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Office Space for Lease
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254 5th Ave, New York, NY 10001

Available office unit offers 2,550 square feet of space for lease.

Space Size2,550 SF
Property Size13,000 SF
Days on Market1076

Property Features for 254 5th Ave

General Information

Standard status Active
Size 2,550 SF
Property subtype Office

Site & Location

Neighborhood Midtown Manhattan

Building Details

Building Size 13,000 SF
Year Built 1920
Tenancy Multiple

Spaces For Lease

at 254 5th Ave
Available Space - 3rd floor Active
Size 2,550 SF
Contact us
Listing Agency: Capital Real Estate Advisors Inc
Listed By: Chris Salizzoni · License #NY 10311206024
Source: Crexi
Added: Nov 14, 2023 Changed: Oct 16 Last Checked: Oct 24 at 1:50PM

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 Capital Real Estate Advisors Inc

Rey
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Investment Insights

Based on property information with market context.

This listing presents an available office space for lease, offered as one unit with a total area of 2,550 square feet.

The property is located at 254 5th Ave in New York, NY 10001.

Details beyond the available size and unit availability are not provided in the available information.

Key Highlights

  • Office space available for lease
  • 2,550 sq ft available
  • Building year built: 1920

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

KRAAM Restaurant Altjana Banja Cosmetic Store Merchant Services Club Bank LASHES on 5th Hair Salon NY Curly Bride Hair Salon

Suggested Use

Top Pick Pet Grooming Service Buffet (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

84,203
Businesses Nearby

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$46.95 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
13,103 SF
Avg Space Size

This space is priced 17% above the average of $46.95 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Available office unit offers 2,550 square feet of space for lease.
Where is this office unit located?
The property is located at 254 5th Ave New York, NY.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Office space available for lease; 2,550 sq ft available; Building year built: 1920
More about this property
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