Expert Tenant Broker
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Rent/Lease Office 114 Fifth Ave, New York, NY
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 14th St & Washington Street | $ 92 | 7,900 |
$ 60,566 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Greene St & Between Canal Street | $ 76 | 4,900 |
$ 31,033 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & East Houston Street | $ 47.5 | 1,900 |
$ 7,520 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 27th St & Avenue of the Americas | $ 35 | 9,000 |
$ 26,250 |
| W 23rd St & Avenue of the Americas | $ 26.5 | 9,000 |
$ 19,875 |
| W 26th St & Twelfth Avenue | $ 65 | 18,300 |
$ 99,125 |
| W 25th St & Eighth Avenue | $ 40 | 17,500 |
$ 58,333 |
| W 27th St & Between Sixth Avenue | $ 42 | 7,100 |
$ 24,850 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 27th St & Avenue of the Americas | $ 32.78 | 5,500 |
$ 15,024 |
| W 27th St & Seventh Avenue | $ 38 | 3,100 |
$ 9,816 |
| W 21st St & Avenue of the Americas | $ 71 | 6,400 |
$ 37,866 |
| Seventh Ave & West 28th Street | $ 57 | 3,400 |
$ 16,150 |
| W 22nd St & Between Sixth Avenue | $ 39 | 4,300 |
$ 13,975 |
| W 27th St & Between Sixth Avenue | $ 45 | 5,000 |
$ 18,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 27th St & Seventh Avenue | $ 36 | 1,700 |
$ 5,100 |
| W 26th St & Avenue of the Americas | $ 79.96 | 2,000 |
$ 13,326 |
| Seventh Ave & West 28th Street | $ 43 | 2,300 |
$ 8,241 |
| W 27th St & Avenue of the Americas | $ 52 | 2,000 |
$ 8,666 |
| W 30th St & Seventh Avenue | $ 31.5 | 1,600 |
$ 4,200 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 23rd St & Avenue of the Americas | $ 39 | 7,800 |
$ 25,350 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 19th St & Fifth Avenue | $ 56 | 5,300 |
$ 24,733 |
| W 23rd St & Avenue of the Americas | $ 41.5 | 5,600 |
$ 19,366 |
| W 27th St & Seventh Avenue | $ 34.5 | 4,400 |
$ 12,650 |
| W 26th St & Eleventh Avenue | $ 33 | 4,000 |
$ 11,000 |
| W 25th St & Seventh Avenue | $ 38.5 | 4,900 |
$ 15,720 |
| Fifth Ave & Between West 13th Street | $ 45 | 2,500 |
$ 9,375 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 40 | 1,600 |
$ 5,333 |
| W 27th St & Seventh Avenue | $ 35 | 1,800 |
$ 5,250 |
| Fifth Ave & Between West 13th Street | $ 45 | 2,000 |
$ 7,500 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 87 | 7,800 |
$ 56,550 |
| Fifth Ave & West 21st Street | $ 80.5 | 15,000 |
$ 100,625 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 51.5 | 5,100 |
$ 21,887 |
| W 28th St & Between Seventh Avenue | $ 100 | 2,600 |
$ 21,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 53.5 | 2,400 |
$ 10,700 |
| Broadway & West 27th Street | $ 65 | 2,200 |
$ 11,916 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 28th St & Eighth Avenue | $ 56 | 12,800 |
$ 59,733 |
| W 24th St & Avenue of the Americas | $ 62 | 12,100 |
$ 62,516 |
| Madison Square W & West 25th Street | $ 47 | 12,500 |
$ 48,958 |
| W 25th St & Avenue of the Americas | $ 69.5 | 10,300 |
$ 59,654 |
| W 21st St & Avenue of the Americas | $ 56.5 | 13,100 |
$ 61,679 |
| W 25th St & Eleventh Avenue | $ 52.5 | 9,000 |
$ 39,375 |
| Fifth Ave & West 18th Street | $ 48.5 | 7,000 |
$ 28,291 |
| W 24th St & Avenue of the Americas | $ 54.5 | 7,300 |
$ 33,154 |
| W 25th St & Seventh Avenue | $ 37 | 8,000 |
$ 24,666 |
| W 30th St & Seventh Avenue | $ 34.5 | 7,700 |
$ 22,137 |
| W 11th Ave & Between Sixth Avenue | $ 59.5 | 10,400 |
$ 51,566 |
| W 24th St & Between Sixth Avenue | $ 67 | 20,400 |
$ 113,900 |
| W 27th St & Tenth Avenue | $ 51.5 | 7,500 |
$ 32,187 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 28th St & Eighth Avenue | $ 43 | 5,800 |
$ 20,783 |
| W 29th St & Seventh Avenue | $ 34.5 | 5,500 |
$ 15,812 |
| W 27th St & Avenue of the Americas | $ 40 | 5,000 |
$ 16,666 |
| W 27th St & Eleventh Avenue | $ 49 | 2,500 |
$ 10,208 |
| Seventh Ave & West 28th Street | $ 49 | 5,600 |
$ 22,866 |
| W 20th St & Avenue of the Americas | $ 41.5 | 4,000 |
$ 13,833 |
| W 27th St & Avenue of the Americas | $ 30 | 6,000 |
$ 15,000 |
| W 21st St & Avenue of the Americas | $ 65.5 | 2,500 |
$ 13,645 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 27th St & Seventh Avenue | $ 38.5 | 2,400 |
$ 7,700 |
| W 20th St & Avenue of the Americas | $ 43 | 1,800 |
$ 6,450 |
| W 27th St & Avenue of the Americas | $ 41.5 | 2,400 |
$ 8,300 |
| W 21st St & Avenue of the Americas | $ 66 | 1,600 |
$ 8,800 |
| W 25th St & Eleventh Avenue | $ 50.41 | 2,000 |
$ 8,401 |
| Seventh Ave & West 30th Street | $ 52.5 | 1,900 |
$ 8,312 |
| Broadway & West 25th Street | $ 58 | 2,000 |
$ 9,666 |
| W 29th St & Avenue of the Americas | $ 57 | 1,600 |
$ 7,600 |
| Fifth Ave & East 30th Street | $ 59.5 | 2,200 |
$ 10,908 |
| W 30th St & Eighth Avenue | $ 47 | 1,700 |
$ 6,658 |
| Broadway & West 26th Street | $ 73 | 2,400 |
$ 14,600 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 26th St & Avenue of the Americas | $ 31 | 9,300 |
$ 24,025 |
| W 29th St & Seventh Avenue | $ 38 | 7,000 |
$ 22,166 |
| W 29th St & Eighth Avenue | $ 40.5 | 8,600 |
$ 29,025 |
| W 27th St & Avenue of the Americas | $ 44 | 11,300 |
$ 41,433 |
| W 20th St & Avenue of the Americas | $ 57 | 11,100 |
$ 52,725 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 30th St & Seventh Avenue | $ 42 | 3,400 |
$ 11,900 |
| W 19th St & Sixth Avenue | $ 45 | 4,500 |
$ 16,875 |
| Seventh Ave & West 29th Street | $ 52 | 2,500 |
$ 10,833 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Seventh Ave & West 29th Street | $ 48 | 2,400 |
$ 9,600 |
| W 29th St & Eighth Avenue | $ 78.5 | 2,400 |
$ 15,700 |
| W 29th St & Avenue of the Americas | $ 36 | 2,100 |
$ 6,300 |
| W 29th St & Seventh Avenue | $ 36 | 1,800 |
$ 5,400 |
| W 21st St & Avenue of the Americas | $ 36 | 2,100 |
$ 6,300 |
| W 22nd St & Fifth Avenue | $ 48.5 | 2,100 |
$ 8,487 |
| W 23rd St & Sixth Avenue | $ 44 | 1,700 |
$ 6,233 |
Retail Spaces for Rent at 114 Fifth Ave
Rent Retail 114 Fifth Ave
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| Negotiable | ||
| Negotiable |
Rent Medical Space at 114 Fifth Ave
Office Tenants Rented / Leased 114 Fifth Avenue
- Capital One leased 40,000 SF
- Lululemon leased 15,964 SF
Nearby Office Tenants Leased
- Roc Nation leased 67,100 SF at 540 West 26th Street
- EHE International leased 66,000 SF at 600 Fifth Avenue
- Cockroach Labs leased 64,516 SF at 125 West 25th Street
- Interbrand leased 63,845 SF at 130 Fifth Ave
- Eileen Fisher leased 62,000 SF at 111 Fifth Ave
- Adobe Systems Incorpora… leased 61,901 SF at 100 Fifth Ave
- WeWork leased 61,875 SF at 404 Fifth Avenue
- The Simons Foundation leased 61,370 SF at 160 Fifth Ave
- LivingSocial leased 60,405 SF at 101 Fifth Ave
- Bank Leumi USA leased 60,000 SF at 579 Fifth Ave
- Complete Body Gym leased 14,000 SF at 22 West 19th St
- Club Monaco leased 13,000 SF at 597 Fifth Avenue
- Guess leased 13,000 SF at 575 Fifth Ave
- 16" on Center leased 13,000 SF at 601 West 26th Street
- Ethan Allen leased 12,790 SF at 915 Broadway
- Nusr-Et leased 12,176 SF at 412 West 15th Street
- Marshalls Shoe Shop leased 12,100 SF at 740 Broadway
- Blue Water Grill leased 11,700 SF at 31 Union Square West
- Mackage leased 11,555 SF at 404 Fifth Avenue
- Uniqlo leased 11,500 SF at 155 Fifth Ave
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 114 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 114 Fifth Avenue and in the nearby Chelsea neighborhood.
Find My Space!
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Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
114 Fifth Avenue, New York, NY Property Overview
| Building Address: | 114 Fifth Ave, New York NY 10011 |
| Building Alternate Address: | 114 5th Ave, New York, NY |
| Zip Code: | 10011 |
| Neighborhood: | Chelsea |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1910 |
| Building Class: | B |
The Merchants' Exchange Building at 114 Fifth Avenue in Manhattan, New York City, is an 18-story landmark originally designed by architects Maynicke & Franke in 1909. Its exterior showcases a distinguished early 20th-century architectural style featuring façades of brick, limestone, and granite masonry, with the top three stories adorned by matte glazed terracotta ornamentation, including fluted half-columns.
The building was initially known as the Merchants' Exchange and notably served the California Perfume Company. Over the years, it has been situated prominently in Manhattan's Flatiron District, bridging the areas of Union Square and Madison Square Park.
In 2014, the building underwent a significant renovation and modernization led by STUDIOS Architecture. This restoration preserved the historic charm while upgrading interior spaces to meet contemporary demands, particularly attracting tenants from technology, fashion, media, and publishing sectors. The renovation achieved LEED Gold certification, highlighting an emphasis on sustainability and modern building standards.
One of the landmark restoration efforts involved the building’s distinctive terracotta half-columns. A facade assessment revealed severe deterioration and structural instability, prompting a complex restoration project. This included the removal and restoration of damaged terracotta units, structural stabilization using innovative grout-socked anchors, application of weather-resistant fireproofing, and installation of a new lighter cladding support system designed to prevent moisture buildup and future freeze-thaw damage. Stainless steel anchors with neoprene pads ensured the terracotta units were properly supported without causing additional stress. This meticulous restoration preserved the building's historic elements while enhancing safety and longevity.
Today, 114 Fifth Avenue stands as a blend of historic architectural elegance and modern office functionality, with approximately 350,000 square feet of prime office space over 18 stories, offering sweeping cityscape views and a highly desirable location in Midtown South. It continues to serve as a landmark office building that honors its rich past while accommodating the needs of today’s dynamic business community.
114 Fifth Avenue, Manhattan, NYC
Located in the Flatiron District, 114 Fifth Avenue is an iconic office building offering approximately 351,000 square feet of fully modernized office space spread over 18-19 stories.
Building Details
- Address: 114 Fifth Avenue, New York, NY 10011
- Alternate Address: 2-6 West 17th Street
- Neighborhood: Flatiron District, Manhattan
- Year Built: 1910
- Renovation: Extensive renovation completed in 2014
- Building Size: Approximately 350,000 square feet
- Stories: 18-19 floors
- Building Class: Office with Commercial (7-19 Stories)
- LEED Certification: LEED Gold certified post-renovation
Architectural and Historical Significance
Originally constructed in 1910 as the Merchants’ Exchange Building for the California Perfume Company, 114 Fifth Avenue retains its early 20th century architectural charm while integrating modernized, upgraded interiors tailored for technology, fashion, media, and publishing companies.
Amenities & Features
- 24/7 security and controlled access
- Newly upgraded heating, electrical, window systems, and elevators
- A redesigned lobby that blends historic architecture with contemporary sophistication
- Separate freight entrance for logistics and deliveries
- Six passenger elevators plus one freight elevator to optimize vertical transportation
- Ample floor plates offering roughly 19,000 square feet per floor
Location & Transportation
Situated conveniently between Union Square and Madison Square Park, 114 Fifth Avenue provides easy access to multiple subway lines including F, M, PATH, N, Q, R, 4, 5, 6, and L, making commuting highly accessible.
The building's location offers proximity to numerous restaurants, shops, and amenities within walking distance, enhancing the workplace experience in Manhattan’s vibrant Flatiron neighborhood.
Building Amenities at 114 Fifth Avenue, Manhattan, NYC
114 Fifth Avenue combines historic charm with modern conveniences, offering an exceptional workspace experience in the Flatiron District.
- 24/7 Rock-Solid Security: Controlled access ensures safety for tenants and protection of valuable assets.
- Modern Systems: Newly installed heating, electrical, window systems, and reliable elevators enhance comfort and productivity.
- Redesigned Lobby: A bright, airy lobby featuring large-format marbled walls, state-of-the-art turnstiles, and refined stainless steel elevators creates a sophisticated first impression.
- Separate Freight Entrance: Dedicated freight access minimizes disruptions to tenant spaces during deliveries and moves.
- Elevator Capacity: Six passenger elevators plus one freight elevator reduce wait times and improve vertical transportation efficiency.
- Rooftop Tenant Amenity Space: Offers expansive views of Manhattan, enhancing tenant enjoyment and relaxation.
- LEED Gold Certification: Reflects commitment to sustainability and energy efficiency in building operations.
- Comprehensive Mechanical Upgrades: Includes new rooftop cooling towers, building generator, mechanical equipment rooms, and restrooms on each floor.
Office Tenants at 114 Fifth Avenue, Manhattan, NYC
114 Fifth Avenue is a landmark office building located in Manhattan's Flatiron District, featuring modernized interiors while preserving historic architecture.
The building is fully leased to a dynamic mix of leading companies across technology, finance, media, fashion, and publishing sectors.
Notable Tenants Include:
- Capital One
- Chainalysis
- lululemon
- Ziff Davis
- Acxiom Corporation
- LiveRamp
- Everyday Health
- Mastercard
- Mashable
- First Look Media
- Bank of America
The building offers approximately 350,000 square feet across 18-19 stories, with fully upgraded tenant spaces suited to the needs of innovative companies.
Located between Union Square and Madison Square Park, 114 Fifth Avenue provides excellent transit access and proximity to vibrant retail and dining options.
Internet Providers at 114 Fifth Ave, Manhattan, NYC
The following internet service providers offer coverage in Manhattan, including areas such as 114 Fifth Ave, providing a variety of connection types and speeds:
-
Verizon Fios
Connection Types: Fiber, 5G Home Internet
Speeds: 85 Mbps up to 2.3 Gbps
Price Starting At: $34.99/mo with mobile plan
Notes: High-speed fiber internet widely available in Manhattan, known for reliability and customer satisfaction. -
Spectrum
Connection Types: Cable, Fiber
Speeds: 100 Mbps to 1 Gbps
Price Starting At: $30.00/mo
Notes: Ubiquitous cable coverage in Manhattan with no data caps and bundled options. -
Astound Broadband Powered by RCN
Connection Types: Cable, Fiber
Speeds: 300 Mbps to 1.5 Gbps
Price Starting At: $25.00/mo
Notes: Known for competitive pricing and unlimited data usage. -
Optimum
Connection Types: Cable, Fiber
Speeds: 300 Mbps to 8 Gbps
Price Starting At: $40.00/mo
Notes: Offers high-speed plans including very high-speed fiber options. -
T-Mobile 5G Home Internet
Connection Type: 5G
Speeds: 87 Mbps to 415 Mbps
Price Starting At: $35.00/mo with mobile plan
Notes: Fixed wireless option with expanding coverage in Manhattan. -
Starry Internet
Connection Type: Fixed Wireless
Speeds: 100 Mbps to 1 Gbps
Price Starting At: $30.00/mo
Notes: Fixed wireless provider with availability in parts of Manhattan.
Satellite providers such as HughesNet, Viasat, and Starlink are also available citywide but generally serve as alternatives where fiber or cable are not accessible.
Transportation Near 114 Fifth Avenue, Manhattan, NYC
114 Fifth Avenue is located conveniently between Union Square and Madison Square Park in Manhattan.
Subway
- 2, 3, 6 lines at nearby stations
- 4 line, with last train around 3:54 AM nearby
- 6X express services
Bus
- M1
- M116
- M60-SBS
- M102
Train Services
- Harlem Line
- Hudson Line
- New Haven Line
- Danbury Line
- New Canaan Line
Nearby Cross Streets
The building is near the intersection of Fifth Avenue with 17th Street in Manhattan.
Office Tenants Rented / Leased 114 Fifth Avenue
- Capital One leased 40,000 SF
- Lululemon leased 15,964 SF
Nearby Office Tenants Leased
- Roc Nation leased 67,100 SF at 540 West 26th Street
- EHE International leased 66,000 SF at 600 Fifth Avenue
- Cockroach Labs leased 64,516 SF at 125 West 25th Street
- Interbrand leased 63,845 SF at 130 Fifth Ave
- Eileen Fisher leased 62,000 SF at 111 Fifth Ave
- Adobe Systems Incorpora… leased 61,901 SF at 100 Fifth Ave
- WeWork leased 61,875 SF at 404 Fifth Avenue
- The Simons Foundation leased 61,370 SF at 160 Fifth Ave
- LivingSocial leased 60,405 SF at 101 Fifth Ave
- Bank Leumi USA leased 60,000 SF at 579 Fifth Ave
- Complete Body Gym leased 14,000 SF at 22 West 19th St
- Club Monaco leased 13,000 SF at 597 Fifth Avenue
- Guess leased 13,000 SF at 575 Fifth Ave
- 16" on Center leased 13,000 SF at 601 West 26th Street
- Ethan Allen leased 12,790 SF at 915 Broadway
- Nusr-Et leased 12,176 SF at 412 West 15th Street
- Marshalls Shoe Shop leased 12,100 SF at 740 Broadway
- Blue Water Grill leased 11,700 SF at 31 Union Square West
- Mackage leased 11,555 SF at 404 Fifth Avenue
- Uniqlo leased 11,500 SF at 155 Fifth Ave
Recent News About 114 Fifth Avenue
Finnerty Economic Consulting, LLC. Testimonial
To Whom It May Concern:
My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street.
I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching.
I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan.
Very truly yours,
John D. Finnerty
Managing Principal
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- 164 West 25th Street
- 6-8 West 18th Street
- 13-15 West 28th Street
- 253-255 West 28th Street
- 130 West 25th Street
- 33 West 17th Street
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- 158 West 29th Street
- 13-15 West 27th Street
- 15-17 West 18th Street
- 43 West 24th Street
- 115-117 West 27th Street
- 33 West 17th Street
- 1-5 Little West 12th Street
- 246 Fifth Avenue
- 25 West 26th Street
- 133 West 19th Street
- 37-39 West 17th Street
- 53-55 West 21st Street
- 110-112 West 30th Street
- 437 West 16th Street
- 405-409 West 13th Street
- 1178 Broadway
- 29 West 17th Street
- 234 Fifth Avenue
- 1204 Broadway
- 140 West 30th Street
- 17 West 20th Street
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!