Landmark Office Building with Conference
For Lease
Contact for pricing
551 5th Ave, New York, NY 10176
38-story office landmark offers restored Art Deco lobby and new 7,000 SF conference/amenity space in progress.
Space Size2,401 SF
Days on Market690
Property Features for 551 5th Ave
General Information
Standard status
Active
Size
2,401 SF
Property subtype
OFFICE
Building Details
Stories
38
Spaces For Lease
at 551 5th Ave Contact us- Floor
- 4
- Size
- 2,401 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
Fred F French Building
- Renowned 38-story landmark building located at the northeast corner of 45th Street...
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Contact us
Listing Agency:
The Feil Organization - Corporate
(212) 563-6557
Listed By:
Kevin Driscoll
(212) 279-7600
Source:
Moodyscre
Added: Oct 25, 2024
Changed: Sep 2
Last Checked: Sep 14 at 7:41AM
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.
Set within a renowned 38-story landmark building, this offering includes beautifully restored building exterior features, bronze entrances, and an Art Deco lobby. A new 7,000 SF conference/amenity space is currently in progress, designed to support building-wide professional needs.
The building is positioned steps from Grand Central and public transportation, with proximity to major Midtown businesses, upscale hotels, restaurants, and exclusive retailers. Confirmed tenant roster includes Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
For tenants seeking a prestigious Midtown high-rise experience, the combination of classic lobby finishes, restored exterior details, and an expanding conference/amenity component supports a polished workplace environment.
The building is positioned steps from Grand Central and public transportation, with proximity to major Midtown businesses, upscale hotels, restaurants, and exclusive retailers. Confirmed tenant roster includes Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
For tenants seeking a prestigious Midtown high-rise experience, the combination of classic lobby finishes, restored exterior details, and an expanding conference/amenity component supports a polished workplace environment.
Key Highlights
- 38‑story office landmark at the northeast corner of 45th Street in Midtown Manhattan
- New 7,000 SF conference/amenity space is now in progress
- Restored building exterior with bronze entrances and an Art Deco lobby
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
94,218
Businesses Nearby
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Market
Lease Benchmarks for New York, NY
$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
42,008 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 - 38-story office landmark offers restored Art Deco lobby and 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: 38‑story office landmark at the northeast corner of 45th Street in Midtown Manhattan; New 7,000 SF conference/amenity space is now in progress; Restored building exterior with bronze entrances and an Art Deco lobby
