103 5th Ave nyc
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Lease Apartment 103 5th Ave

Rent Apartment 103 5th Ave Property Overview

Building Address: 103 5th Ave, New York NY 10003
Building Name: Pierrepont
Zip Code:10003
Neighborhood:Flatiron District
Borough:Manhattan
Stories:0
Year Built:1926
Building Class:B


History of 103 5th Avenue, Manhattan, NYC

Located in the Flatiron District of Manhattan, 103 5th Avenue, also known as the Pierrepont Building, was completed in 1896. The building is a notable example of Beaux-Arts architecture, featuring a grand arch spanning from the third through the fifth floors, adorned with terra cotta detailing.

Originally constructed to house some of the finest tradesmen of the era, the Pierrepont Building rose prominently in the neighborhood, reflecting the architectural elegance and commercial vitality of late 19th-century New York.

The Flatiron District itself, while formally named in the mid-1980s, has long been home to landmark structures and diverse industries. The distinctively triangular Flatiron Building nearby stands as one of the city's oldest skyscrapers and a symbol of early 20th-century urban growth.

Today, 103 5th Avenue remains an eight-story building that has witnessed the transformation of its surroundings from historic manufacturing and photography industries to a vibrant area bustling with restaurants, shops, and residential life. The building’s architectural heritage and its location near Madison Square Park contribute to its continuing significance in Manhattan’s urban landscape.

103 5th Avenue, Manhattan, NYC, is located in the heart of the Flatiron District. This eleven-story building was constructed in 1926 and last altered in 2005. It combines office and residential loft spaces, offering a turn-of-the-century aesthetic in a historic area known as "Ladies Mile". The building features 24,881 square feet of space and stands out in a vibrant retail corridor.

Neighborhood attractions include prominent retailers such as Zara, Banana Republic, Aldo, Athleta, GAP, H&M, Express, Five Iron Golf, Victoria's Secret, Lululemon, Coach, Free People, Aveda, Marshall's, Soul Cycle, Old Navy, Barnes & Noble, Bandier, Sephora, Tumi, Bank of America, Aritzia, Potbelly, Chopt, McDonald's, Starbucks, and Steve Madden.

Accessibility is enhanced by nearby public transportation options, including subway lines F, M, 4, 5, 6, L, N, Q, R, and W.


Amenities Description
Central Air Conditioning Central A/C available in units
Washer/Dryer In-unit laundry facilities
Luxury Finishes High-end interior design
Keyed Elevator Access Secure access via keyed elevator
Video Intercom Secure video intercom system
Pet-Friendly Allows pets
CitiBike Nearby CitiBike stations located near the building
Security System Integrated security measures
High Speed Internet Access Fast internet connectivity available
Laundry Facilities Shared laundry area available
Radiant Heated Floors in Bathrooms Luxurious heated floors in bathrooms
Wheelchair Accessible Units accessible for wheelchairs

103 5th Avenue, located in the heart of Manhattan's Flatiron District, is a significant commercial and residential space. The building features an attractive turn-of-the-century style and offers unique full-floor living units. It is situated near prominent retailers like Zara, Banana Republic, and GAP, reflecting its vibrant commercial environment.

The building is a hub for various types of tenants, given its prime location near Union Square and Madison Square Park. However, specific information about the office tenants currently renting or leasing space in the building is not readily available. The building provides amenities such as central A/C, washers and dryers, and keyed elevator access, making it an appealing location for both residential and commercial use.


Internet Providers at 103 5th Ave, Manhattan, NYC

While specific details about internet providers inside the building at 103 5th Avenue are not readily available, here are some top providers in Manhattan:

  • Verizon Fios: Known for high speeds up to 2 Gbps and good customer service. Offers fiber-optic internet services throughout much of Manhattan.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services with expanded fiber coverage in the city. Known for its affordability and unlimited data.
  • Spectrum: Offers cable internet with speeds up to 1 Gbps. Known for its widespread availability and competitive pricing.
  • T-Mobile Home Internet: Provides wireless internet options using T-Mobile's network. Rated well for customer satisfaction in the Upper West Side area.

Location

103 5th Avenue, Manhattan, New York City

Cross Streets

Located at the intersection near E 18th Street and 5th Avenue, in the Flatiron district / Ladies Mile area of Manhattan.

Public Transportation Options

Subway Lines

  • F, M, 4, 5, 6, L, N, Q, R, W trains

Bus Lines

  • M1, M2, M3, M4, M106

Nearby Subway Stations

  • 23rd Street Station (Lines F, M, R, W)
  • 14th Street-Union Square Station (Lines 4, 5, 6, L, N, Q, R, W)

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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