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Rent Office 114 Fifth Avenue

$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
W 14th St & Washington Street $ 90
7,900
$ 59,579
Address $ / SF SF Monthly Rent
Greene St & Between Canal Street $ 74
4,900
$ 30,420
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 46
1,900
$ 7,362
Address $ / SF SF Monthly Rent
W 23rd St & Avenue of America $ 25
9,000
$ 18,750
W 26th St & Twelfth Avenue $ 65
18,300
$ 99,125
Address $ / SF SF Monthly Rent
W 27th St & Avenue of Americas $ 30
5,700
$ 14,012
W 22nd St & Between 6th Avenue $ 39
4,300
$ 13,975
W 27th St & Between 6th Avenue $ 44
5,000
$ 18,125
Address $ / SF SF Monthly Rent
W 27th St & Seventh Avenue $ 36
1,700
$ 5,100
W 26th St & Seventh Avenue $ 44
1,600
$ 5,933
Seventh Ave & West 28th Street $ 43
2,300
$ 8,241
W 27th St & Avenue of Americas $ 52
2,000
$ 8,666
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
W 23rd St & Avenue of America $ 40
5,600
$ 18,666
W 26th St & Eleventh Avenue $ 32
4,000
$ 10,500
W 25th St & Seventh Avenue $ 37
4,900
$ 15,108
Fifth Ave & Between West 13th Street $ 45
2,500
$ 9,375
Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 40
1,600
$ 5,333
W 27th St & Seventh Avenue $ 34
1,800
$ 5,100
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 $ 2100 $ 1422 $ 775
Interior office/person $ 1350 $ 922 $ 525
Team Rooms $ 10100 $ 8172 $ 5025
Suites $ 20100 $ 12172 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 87
7,800
$ 56,550
Fifth Ave & West 21st Street $ 80
15,000
$ 100,625
Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 52
5,100
$ 22,312
W 28th St & Between 7th Avenue $ 100
2,600
$ 21,666
Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 52
2,400
$ 10,500
Address $ / SF 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 $ 70
10,300
$ 59,654
W 21st St & Avenue of the Americas $ 56
13,100
$ 61,679
W 25th St & Eleventh Avenue $ 52
9,000
$ 39,375
Fifth Ave & West 18th Street $ 48
7,000
$ 28,291
W 29th St & Eight Avenue $ 37
7,500
$ 23,125
W 25th St & Seventh Avenue $ 37
8,000
$ 24,666
W 30th St & Seventh Avenue $ 34
7,700
$ 22,137
W 11th Ave & Between 6th Avenue $ 60
10,400
$ 51,566
W 24th St & Between 6th Avenue $ 66
20,400
$ 113,050
Address $ / SF SF Monthly Rent
W 28th St & Eighth Avenue $ 44
5,800
$ 21,266
W 29th St & Seventh Avenue $ 36
5,500
$ 16,270
W 27th St & Avenue of America $ 40
5,000
$ 16,666
W 27th St & Eleventh Avenue $ 50
2,500
$ 10,416
Seventh Ave & West 28th Street $ 49
5,600
$ 22,866
W 20th St & Avenue of the Americas $ 42
4,000
$ 14,166
W 27th St & Avenue of the Americas $ 30
6,000
$ 15,000
W 21st St & Avenue of the Americas $ 66
2,500
$ 13,854
W 26th St & Avenue of America $ 38
4,600
$ 14,566
Address $ / SF SF Monthly Rent
W 27th St & Seventh Avenue $ 38
2,400
$ 7,500
W 20th St & Avenue of the Americas $ 42
1,800
$ 6,300
W 27th St & Avenue of the Americas $ 40
2,400
$ 8,100
W 21st St & Avenue of the Americas $ 65
1,600
$ 8,666
W 25th St & Eleventh Avenue $ 49
2,000
$ 8,235
W 25th St & Seventh Avenue $ 61
2,000
$ 10,166
Seventh Ave & West 30th Street $ 52
1,900
$ 8,154
Broadway & West 25th Street $ 57
2,000
$ 9,500
W 29th St & Avenue of Americas $ 57
1,600
$ 7,600
Fifth Ave & East 30th Street $ 58
2,200
$ 10,725
W 30th St & Seventh Avenue $ 36
2,400
$ 7,200
Address $ / SF 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 & Eight Avenue $ 40
8,600
$ 28,666
W 27th St & Avenue of Americas $ 44
11,300
$ 40,962
W 20th St & Avenue of the Americas $ 56
11,100
$ 52,262
W 27th St & Eighth Avenue $ 40
7,200
$ 24,000
W 19th St & Avenue of Americas $ 58
11,500
$ 55,104
W 19th St & Avenue of the Americas $ 59
11,800
$ 58,016
W 22nd St & Fifth Avenue $ 55
11,900
$ 54,541
W 30th St & Seventh Avenue $ 46
8,000
$ 31,000
Address $ / SF SF Monthly Rent
W 19th St & 6th Avenue $ 45
4,500
$ 16,875
W 29th St & Seventh Avenue $ 38
3,000
$ 9,500
Seventh Ave & West 29th Street $ 52
2,500
$ 10,833
W 29th St & Eight Avenue $ 40
2,600
$ 8,775
W 20th St & Avenue of the Americas $ 60
3,400
$ 17,000
W 30th St & Eighth Avenue $ 45
5,300
$ 19,875
Address $ / SF SF Monthly Rent
Seventh Ave & West 29th Street $ 47
2,400
$ 9,400
W 29th St & Eight Avenue $ 78
2,400
$ 15,500
W 29th St & Avenue of the Americas $ 36
2,100
$ 6,300
W 27th St & Eighth Avenue $ 42
1,900
$ 6,570
W 21st St & Avenue of the Americas $ 36
2,100
$ 6,300
W 22nd St & Fifth Avenue $ 48
2,100
$ 8,312
W 30th St & Seventh Avenue $ 44
2,200
$ 8,066
Seventh Ave & West 27th Street $ 47
1,600
$ 6,266
Tenant Broker’s Perspective: office buildings being demolished or converted to residential 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.
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114 Fifth Avenue Property Overview

Building Address: 114 Fifth Ave, New York NY 10011
Building Alternate Address: 114 5th Ave
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.


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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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