Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    261 5Th Ave New York, NY 10016

    For Lease
    Contact for pricing

    Prestigious Fifth Ave Executive Suites

    Lot size:
    403,296 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    261 Fifth Avenue offers exceptional executive office space in the heart of Manhattan. This 26-story, 403,296 square foot building, constructed in 1928, boasts a stunning Art Deco lobby with gold-leaf ceilings and mosaic details. Recently renovated, the building features modernized elevators and common areas, along with oversized windows providing abundant natural light. Suites range from 1,361 to 17,098 contiguous square feet, with a total of 21 suites and 81,684 square feet currently vacant. The building offers 120/208 three-phase power and is located in a thriving neighborhood near Madison Square Park, between the Flatiron and Garment Districts. Its location in a designated historic district adds to its prestige and unique character. The building's floor-to-floor ceiling height is 10'10", providing spacious and comfortable work environments. This is a rare opportunity to secure office space in a landmark building with classic architecture and modern amenities. The building's multiple tenancy structure allows for flexibility in space requirements. The convenient location provides easy access to various transportation options and a vibrant array of restaurants and retail establishments. This property presents a unique blend of historical charm and contemporary functionality, making it an ideal location for discerning businesses.

    Property Features for 261 5Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    403,296 SF

    Building Details

    Year Built
    1928
    Stories
    26

    Unit(s) available at that property

    Space
    5th Fl, Ste 510
    Size
    7,006 SF
    Space
    5th Fl, Ste 515
    Size
    1,353 SF
    Space
    7th Fl, Ste 710
    Size
    5,734 SF
    Space
    8th Fl, Ste 801
    Size
    7,091 SF
    Space
    17th Fl, Ste 1709
    Size
    1,361 SF
    Space
    21st Fl, Ste 2100
    Size
    5,445 SF
    Space
    21st Fl, Ste 2106
    Size
    4,312 SF
    Space
    21st Fl, Ste 2108
    Size
    2,479 SF
    Space
    4th Fl, Ste 410
    Size
    6,015 SF
    Space
    19th Fl, Ste 1908
    Size
    3,462 SF
    Space
    16th Fl, Ste 1600
    Size
    2,439 SF
    Space
    11th Fl, Ste 1108
    Size
    2,759 SF
    Space
    11th Fl, Ste 1109
    Size
    6,923 SF
    Space
    9th Fl, Ste 909
    Size
    6,541 SF
    Space
    9th Fl, Ste 915
    Size
    1,756 SF
    Space
    20th Floor
    Size
    17,098 SF
    Space
    5th Floor
    Size
    8,359 SF
    Space
    9th Floor
    Size
    8,207 SF
    Space
    21st Floor
    Size
    12,236 SF

    HighLights

    • Expansive windows offering exceptional views.
    • Prime Manhattan location near Flatiron District, Madison Square Park, and major transportation hubs including Penn Station.
    • Excellent access to N, R, 1, 2, and 3 subway lines, plus PATH, LIRR, and Amtrak.
    • 24/7 concierge‑monitored lobby.
    • Abundant nearby amenities including restaurants, boutiques, and hotels.
    • Stunning Art Deco lobby with gold‑leaf ceiling and mosaic details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Franco Manufacturing Co Manufacturer Mechanical Comfort Zone Mechanical Contractor Sara Stepper, AuD, ... Audiologist New York Eye ... Hospital DKC Public Relations Public Relations Firm

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Law Firm Dental Office Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9865413
    Latitude
    40.7449907

    Nearby Similar for Lease

    • New
      $8,000 /Mo

      Jamaica Retail Space For Rent

      Prime commercial space in the heart of Jamaica, Queens.
      172-18 Jamaica Ave, Jamaica, NY 11432
      View Details
    • New
      $2,900 /Mo
      750 SF

      Commercial Space on Park Avenue

      Commercial building with retail and office space for rent.
      1672 Park Avenue, New York, NY 10035
      View Details
    • $4,500 /Mo
      882 SF

      Dental Office in Chinatown

      882 sq ft dental office with equipment in Manhattan.
      2 Mott St, Manhattan, NY 10013
      View Details
    • $4,000 /Mo
      9,225 SF

      Versatile Loft in Prime Location

      Adaptable 900 sq. ft. commercial loft in NYC.
      7 W 20Th St, Manhattan, NY 10011
      View Details
    • $2,400 /Mo

      Office Space in Naco, Santo Domingo

      71 sq meter office space for rent in Naco.
      54 Av. Gustavo Mejía Ricart, New York, NY 10124
      View Details
    • $6,500 /Mo
      11 SF

      Office Space in Luxury Tower

      Partially furnished office space for rent in Santo Domingo.
      155 Av. Pedro Henríquez Ureña, New York, NY 10108
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Fifth Ave Executive Suites
    Where is this office property / space located?
    The property is located at 261 5Th Ave New York, NY.
    What are key features of this property?
    This property features: Expansive windows offering exceptional views.; Prime Manhattan location near Flatiron District, Madison Square Park, and major transportation hubs including Penn Station.; Excellent access to N, R, 1, 2, and 3 subway lines, plus PATH, LIRR, and Amtrak.
    Request Owner's contact information
    261 5Th Ave New York, NY 10016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    261 5Th Ave
    New York, NY 10016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 5Th Ave New York, NY 10016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.