Renovated Office Building
For Lease
Contact for pricing
261 5th Ave, New York, NY 10016
Recently renovated office building features an ornate lobby with gold-leaf ceiling details and 24/7 concierge-monitored presence.
Property Size2,759 SF
Days on Market703
Property Features for 261 5th Ave
General Information
Standard status
Active
Size
2,759 SF
Property subtype
OFFICE
Amenities
24/7 concierge monitored lobby
ornate lobby with gold-leaf ceiling and mosaic detail and chandeliers
new elevators
updated common corridors
Listing Agency:
The Feil Organization - Corporate
(212) 609-8666
Listed By:
Timothy Parlante
Source:
Moodyscre
Added: Aug 30, 2024
Changed: Jul 27
Last Checked: Aug 1 at 12:35PM
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 prominent views. The property is complemented by an ornate, impressive lobby featuring a gold-leaf ceiling, mosaic detailing, and distinctive chandeliers. Recent improvements include updated and modernized common corridors and new elevators.
The building is located near Flatiron and Madison Square Park, with close access to major Midtown destinations including Penn Station, the Empire State Building, Madison Square Garden, and Herald Square. Transit access is extensive, with proximity to the N, R, 1, 2, and 3 subway lines, New Jersey Path and Transit, LIRR, and Amtrak.
A 24/7 concierge-monitored lobby is available for tenant and guest access.
The building is located near Flatiron and Madison Square Park, with close access to major Midtown destinations including Penn Station, the Empire State Building, Madison Square Garden, and Herald Square. Transit access is extensive, with proximity to the N, R, 1, 2, and 3 subway lines, New Jersey Path and Transit, LIRR, and Amtrak.
A 24/7 concierge-monitored lobby is available for tenant and guest access.
Key Highlights
- Recently renovated office building with an ornate lobby featuring gold‑leaf ceiling details, mosaic work, and unique chandeliers
- 24/7 concierge‑monitored lobby
- New elevators and updated, modernized common corridors
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Recently renovated office building features an ornate lobby with gold-leaf ceiling details and 24/7 concierge-monitored presence.
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 an ornate lobby featuring gold‑leaf ceiling details, mosaic work, and unique chandeliers; 24/7 concierge‑monitored lobby; New elevators and updated, modernized common corridors
