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261 Fifth Avenue, New York, NY 10016

Classic architecture and contemporary amenities in a thriving Manhattan location.

Space Size1,361 SF - 17,098 SF
Days on Market169

Property Features for 261 Fifth Avenue

General Information

Standard status Active
Size 1,361 SF - 17,098 SF
Property subtype Office

Building Details

Year Built 1928
Tenancy Multiple

Spaces For Lease

at 261 Fifth Avenue Contact us

#1108

Size
2,759 SF
Availability
Active
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#1109

Size
6,923 SF
Availability
Active
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#1600

Size
2,439 SF
Availability
Active
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#1709

Size
1,361 SF
Availability
Active
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#1908

Size
3,462 SF
Availability
Active
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#20th Floor

Size
17,098 SF
Availability
Active
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#21st Floor

Size
12,236 SF
Availability
Active
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#410

Size
6,015 SF
Availability
Active
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#5th Floor

Size
8,359 SF
Availability
Active
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#710

Size
5,734 SF
Availability
Active
Contact us

#801

Size
7,091 SF
Availability
Active
Contact us

#9th Floor

Size
8,207 SF
Availability
Active
Contact us
Listing Agency: The Feil Organization
Listed By: Randall Briskin
Source: Crexi
Added: Mar 26 Changed: Sep 9 Last Checked: Sep 10 at 8:12AM

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

Investment Insights

Based on property information with market context.

Located in the heart of Manhattan, 261 Fifth Avenue is a 23-story office building that combines classic architecture with contemporary amenities. Situated on the corner of East 29th Street between the Flatiron and Garment Districts, the building is located in a lower Fifth Avenue neighborhood that has been transformed into a thriving environment with residential, retail and restaurant developments. Constructed in 1928, 261 Fifth Avenue reflects the Art Deco era, featuring an ornate lobby with a gold-leaf ceiling, mosaic detail, and chandeliers. The building is located in Madison Square North, a historic district. The building has been recently renovated and includes oversized windows that provide a significant amount of daylight. New elevators and common corridors have also been updated and modernized.

Key Highlights

  • Prime Manhattan location on Fifth Avenue, near Flatiron and Garment Districts.
  • Landmark building status in the Madison Square North Historic District.
  • Recently renovated with modern amenities, including new elevators and common corridors.

Property Analytics

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Current Use

Franco Manufacturing Co Industrial Manufacturer Mechanical Comfort Zone General Contractor Sara Stepper, AuD, ... Physician New York Eye ... Hospital DKC Public Relations Marketing & Advertising

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

84,203
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
36,348 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Classic architecture and contemporary amenities in a thriving Manhattan location.
Where is this office building located?
The property is located at 261 Fifth Avenue New York, NY.
What are key features of this property?
This property features: Prime Manhattan location on Fifth Avenue, near Flatiron and Garment Districts.; Landmark building status in the Madison Square North Historic District.; Recently renovated with modern amenities, including new elevators and common corridors.
(212) 563-6557 Call to check price and availability
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