261 5Th Ave, New York, NY 10016
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.
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Franco Manufacturing Co Industrial Manufacturer Production Facility
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Mechanical Comfort Zone General Contractor Construction Company
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Sara Stepper, AuD, CCC-A Physician
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New York Eye and Ear Infirmary of Mt. Sinai Hospital
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DKC Public Relations Marketing & Advertising Advertising Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.