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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 Market199

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
Name Size Type Rate Availability
#1108 2,759 SF — — Active Contact us
#1109 6,923 SF — — Active Contact us
#1600 2,439 SF — — Active Contact us
#1709 1,361 SF — — Active Contact us
#1908 3,462 SF — — Active Contact us
#20th Floor 17,098 SF — — Active Contact us
#21st Floor 12,236 SF — — Active Contact us
#410 6,015 SF — — Active Contact us
#5th Floor 8,359 SF — — Active Contact us
#710 5,734 SF — — Active Contact us
#801 7,091 SF — — Active Contact us
#9th Floor 8,207 SF — — Active Contact us
Listing Agency: The Feil Organization - Corporate
Listed By: Randall Briskin
Source: Crexi
Added: Mar 26 Changed: Sep 9 Last Checked: Oct 9 at 8:13PM

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.

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 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

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
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Market

Lease Benchmarks for New York, NY

$53.75 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
41,614 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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