Rent Office 121 East 24th Street
| $ / SF | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 1004 |
| Interior office/person | $ 1350 | $ 800 | $ 754 |
| Team Rooms | $ 10100 | $ 8050 | $ 5254 |
| Suites | $ 20100 | $ 12050 | $ 7254 |
Nearby office Spaces for Rent
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 25th Street | $ 92 | 9,100 |
$ 69,766 |
| Park Ave S & East 20th Street | $ 80 | 13,000 |
$ 87,208 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 17th Street | $ 95 | 4,000 |
$ 31,666 |
| Address | $ / SF | SF | Monthly Rent |
|---|
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 29th Avenue | $ 60 | 8,300 |
$ 41,845 |
| E 23rd St & Park Avenue | $ 41 | 18,400 |
$ 62,866 |
| Broadway & East 20th Street | $ 70 | 18,200 |
$ 106,166 |
| Park Ave S & Between East 19th Street | $ 66 | 7,700 |
$ 42,670 |
| Park Ave S & East 27th Street | $ 75 | 8,700 |
$ 54,375 |
| Fifth Ave & East 29th Street | $ 78 | 12,500 |
$ 81,770 |
| Park Ave S & East 27th Street | $ 90 | 23,800 |
$ 178,500 |
| Park Ave S & East 27th Street | $ 69 | 13,100 |
$ 75,325 |
| E 26th St & Fifth Avenue | $ 125 | 12,100 |
$ 126,041 |
| Park Ave S & East 26th Street | $ 48 | 12,000 |
$ 48,000 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between East 19th Street | $ 76 | 5,300 |
$ 33,787 |
| E 23rd St & Park Avenue | $ 42 | 6,100 |
$ 21,350 |
| Broadway & East 20th Street | $ 76 | 3,700 |
$ 23,433 |
| Fifth Ave & East 29th Street | $ 73 | 4,700 |
$ 28,591 |
| Park Ave S & East 26th Street | $ 70 | 3,900 |
$ 22,912 |
| Park Ave S & East 26th Street | $ 75 | 2,700 |
$ 16,875 |
| University Pl & East 12th Street | $ 50 | 6,500 |
$ 27,083 |
| Broadway & East 18th Street | $ 72 | 2,500 |
$ 15,104 |
| Union Sq W & East 16th Street | $ 66 | 3,700 |
$ 20,504 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between East 19th Street | $ 75 | 2,200 |
$ 13,750 |
| E 23rd St & Third Avenue | $ 46 | 2,400 |
$ 9,100 |
| Park Ave S & East 26th Street | $ 63 | 2,100 |
$ 11,025 |
| Fifth Ave & East 29th Street | $ 72 | 2,000 |
$ 12,016 |
| Broadway & East 18th Street | $ 74 | 1,800 |
$ 11,025 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 19th St & Broadway | $ 52 | 7,700 |
$ 33,687 |
| Madison Ave & East 30th Street | $ 39 | 11,000 |
$ 35,750 |
| E 23rd St & Lexington Avenue | $ 67 | 21,600 |
$ 120,600 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 23rd St & Park Avenue | $ 35 | 2,800 |
$ 8,166 |
| E 19th St & Broadway | $ 54 | 5,500 |
$ 24,979 |
| Fifth Ave & East 29th Street | $ 59 | 2,500 |
$ 12,291 |
| Fifth Ave & Between East 28th Street | $ 52 | 5,000 |
$ 21,875 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 28th St & Park Avenue South | $ 38 | 2,300 |
$ 7,379 |
| Broadway & East 21st Street | $ 74 | 1,800 |
$ 11,175 |
121 E 24th St represents a strategic acquisition or lease opportunity within Manhattan’s high-demand Midtown South submarket. From a brokerage standpoint, this property benefits immensely from its positioning in the NoMad/Gramercy tech corridor, offering the high-ceiling, loft-style aesthetics that premium creative and professional tenants prioritize. Given its proximity to Madison Square Park and major transit lines, we view this asset as a core holding with significant upside for businesses looking to establish a flagship presence in Silicon Alley while ensuring long-term capital appreciation in a constrained commercial inventory environment.
Lease 121 East 24th Street
Rent 121 East 24th Street Property Overview
| Building Address: | 121 E 24th St, New York NY 10010 |
| Building Alternate Address: | 121 E 24th St |
| Zip Code: | 10010 |
| Neighborhood: | Gramercy Park |
| Borough: | Manhattan |
| Stories: | 12 |
| Year Built: | 1942 |
| Building Class: | C |
| Block & lot: | 00880-0014 |
121 East 24th Street, located in the Flatiron District of Manhattan, New York, has a rich history. Initially, it was reported to be constructed in 1913, which is consistent with several real estate sources. However, some sources incorrectly state the construction year as 1942. The building is a 12-story office structure classified as an "Office with Commercial 7-19 Stories (O6)" class.
It is situated close to Madison Square Park and is zoned for high-bulk commercial uses, making it an attractive location for businesses requiring a central location. The building has undergone alterations, with the most recent major alteration noted in 1987. Its current tax-assessed market value is approximately $14,418,000.
The building has experienced several transactions over the years, involving different owners, brokers, and developers. It houses a variety of tenants, primarily from the professional services and arts sectors.
121 East 24th Street is a 12-story boutique office building located in the heart of Manhattan, New York City, within the vibrant Flatiron district. Situated between Park and Lexington Avenues, this property is near Madison Square Park. The building features full-floor office spaces, high ceilings, and central air conditioning, making it an ideal location for businesses to grow. It has been noted to have different construction dates, with some sources indicating it was built in 1913 and others in 1942. The building offers 24/7 security and various connectivity options.
121 East 24th Street Amenities
121 E 24th St, Manhattan, offers the following building amenities:
- 24/7 Access
- Lobby Attendant
- Passenger Elevators (2)
- Freight Elevator
- 24/7 Security
- High-Speed Internet Options (Lightower, CenturyLink, Pilot Fiber, Spectrum, Verizon)
121 East 24th Street in Manhattan, NYC, is a 12-floor office building located between Lexington and Park Avenues. The building offers various amenities such as 24/7 security, central A/C, and multiple telecommunications providers. It has been home to a diverse range of tenants across different industries.
Notable tenants include:
- And Partners: Offers professional, scientific, and technical services.
- EX.CO: Specializes in digital media solutions.
- BBH Solutions: Provides professional, scientific, and technical services.
- Cake & Arrow: Offers professional, scientific, and technical services.
- Ticket Evolution: Engages in ticketing services.
- Asylum NYC: Part of the arts, entertainment, and recreation sector.
- Blue Bite LLC: Provides professional, scientific, and technical services.
- BrightTALK Inc: Offers administrative and support services.
- Collected Strategies: Engages in professional, scientific, and technical services.
- E.D.: Retail services.
- Nemo Tile Co Inc: Construction services.
- The PIT: Part of the arts, entertainment, and recreation sector.
- Fenway Sports Management: A sports sponsorship consulting company.
Recently, Fenway Sports Management and Collected Strategies each leased approximately 5,000 square feet of space in the building. These leases reflect the ongoing demand for premium office spaces near Madison Square Park.
Internet at 121 East 24th Street
At 121 E 24th St, Manhattan, NYC, the following internet providers are available in the building:
- Verizon New York: Offers fiber internet with up to 1 Gb/s download speed and 25 Mb/s upload speed.
- Lightower: Provides fiber internet with speeds up to 10 Gb/s for both download and upload.
- Level 3 Communications: Also offers fiber internet with speeds of up to 10 Gb/s for both download and upload.
These providers offer reliable and high-speed connection options for businesses and residents in the area.
121 East 24th Street Access
121 E 24th St, Manhattan, NYC offers convenient access to various transportation options. Located between Park and Lexington Avenues, this building is close to major subway lines, including the 6 and R trains. It's also near several bus routes for added convenience.
Transportation Options:
- Subway: The 6 train is just a few minutes away, while the R train is about 6 minutes from the building.
- Bus: Several bus lines serve the area, providing easy access to other parts of Manhattan.
Cross Streets: The building is situated between Park Avenue and Lexington Avenue, providing easy access to Madison Square Park and its surrounding amenities.
- Alexander Interactive, Cake & Arrow leased 5,331 SF
- BCL-ED Newco leased 5,186 SF
- Blue Bite leased 5,242 SF
- B.B.H Solutions leased 5,186 SF
- Phase II Products leased 5,242 SF
- Earnest Research Company leased 5,186 SF
- Earnest Research Company leased 5,186 SF
- Local 81 Pensions & Welfare Funds leased 5,186 SF
- And Partners leased 5,186 SF
- Mashable Inc. leased 5,186 SF
- Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
- Yext leased 58,194 SF at 1 Madison Ave
- Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
- Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
- New World Travel, Inc. leased 12,007 SF at 1040 Avenue of the Americas
- Digital Color Technologies leased 10,000 SF at 1001 Avenue of the Americas
- Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
- Moadel Eye Specialists leased 7,500 SF at 104-110 E 40th St
- Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
- SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
- Steinway & Sons leased 40,000 SF at 1133 Avenue of the Americas
- La Mar leased 9,000 SF at 11 Madison Ave
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- Hill Country Chicken NY LLC leased 2,700 SF at 1123 Broadway
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- 40/40 Club leased 1,200 SF at 1115 Broadway
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
- Alexander Interactive, Cake & Arrow leased 5,331 SF
- BCL-ED Newco leased 5,186 SF
- Blue Bite leased 5,242 SF
- B.B.H Solutions leased 5,186 SF
- Phase II Products leased 5,242 SF
- Earnest Research Company leased 5,186 SF
- Earnest Research Company leased 5,186 SF
- Local 81 Pensions & Welfare Funds leased 5,186 SF
- And Partners leased 5,186 SF
- Mashable Inc. leased 5,186 SF
- Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
- Yext leased 58,194 SF at 1 Madison Ave
- Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
- Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
- New World Travel, Inc. leased 12,007 SF at 1040 Avenue of the Americas
- Digital Color Technologies leased 10,000 SF at 1001 Avenue of the Americas
- Hunter Roberts Interiors leased 10,000 SF at 102 Madison Ave
- Moadel Eye Specialists leased 7,500 SF at 104-110 E 40th St
- Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
- SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
- Steinway & Sons leased 40,000 SF at 1133 Avenue of the Americas
- La Mar leased 9,000 SF at 11 Madison Ave
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- Hill Country Chicken NY LLC leased 2,700 SF at 1123 Broadway
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- 40/40 Club leased 1,200 SF at 1115 Broadway
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
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.