Rent Office 121 East 24th Street
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 7,300 |
Negotiable |
| 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 | Negotiable | 7,100 |
Negotiable |
| Madison Ave & East 25th Street | Negotiable | 9,400 |
Negotiable |
| Madison Ave & East 28th Street | Negotiable | 54,100 |
Negotiable |
| Park Ave S & East 17th Street | Negotiable | 7,300 |
Negotiable |
| Park Ave S & East 23rd Street | Negotiable | 18,000 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 17th Street | Negotiable | 3,400 |
Negotiable |
| Union Sq E & East 17h Street | Negotiable | 4,400 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 17th Street | Negotiable | 1,600 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 18th Street | Negotiable | 17,300 |
Negotiable |
| Madison Ave & East 29th Avenue | $ 60 | 8,300 |
$ 41,845 |
| E 23rd St & Park Avenue | Negotiable | 18,400 |
Negotiable |
| Fifth Ave & East 19th Street | Negotiable | 21,700 |
Negotiable |
| Broadway & East 20th Street | Negotiable | 18,200 |
Negotiable |
| Madison Ave & East 26th Street | Negotiable | 17,200 |
Negotiable |
| Park Ave S & Between East 19th Street | $ 67 | 7,700 |
$ 42,991 |
| Park Ave S & East 27th Street | Negotiable | 8,700 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Union Sq W & Broadway | Negotiable | 3,800 |
Negotiable |
| Park Ave S & East 18th Street | Negotiable | 2,900 |
Negotiable |
| Broadway & Between East 19th Street | Negotiable | 3,600 |
Negotiable |
| E 23rd St & Park Avenue | Negotiable | 6,100 |
Negotiable |
| Broadway & East 20th Street | Negotiable | 3,700 |
Negotiable |
| Park Ave S & East 17th Street | Negotiable | 2,500 |
Negotiable |
| E 23rd St & Third Avenue | Negotiable | 3,300 |
Negotiable |
| E 17th St & Fifth Avenue | Negotiable | 3,000 |
Negotiable |
| Fifth Ave & East 29th Street | $ 72 | 4,700 |
$ 28,200 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 18th Street | Negotiable | 1,700 |
Negotiable |
| Broadway & Between East 19th Street | Negotiable | 2,500 |
Negotiable |
| Park Ave S & East 17th Street | Negotiable | 1,600 |
Negotiable |
| E 23rd St & Third Avenue | $ 44 | 2,400 |
$ 8,900 |
| Fifth Ave & East 12th Street | Negotiable | 2,400 |
Negotiable |
| E 28th St & Madison Avenue | Negotiable | 2,200 |
Negotiable |
| Park Ave S & East 26th Street | Negotiable | 2,100 |
Negotiable |
| Park Ave S & East 26th Street | Negotiable | 1,600 |
Negotiable |
| E 20th St & Third Avenue | Negotiable | 2,100 |
Negotiable |
| Broadway & East 18th Street | $ 72 | 1,800 |
$ 10,875 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 16th St & Fifth Avenue | Negotiable | 7,800 |
Negotiable |
| Fifth Ave & East 15th Street | Negotiable | 20,100 |
Negotiable |
| E 30th St & Park Avenue South | Negotiable | 8,000 |
Negotiable |
| Madison Ave & East 30th Street | $ 40 | 11,000 |
$ 36,208 |
| E 23rd St & Lexington Avenue | Negotiable | 12,300 |
Negotiable |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 16th St & Fifth Avenue | Negotiable | 3,300 |
Negotiable |
| E 23rd St & Park Avenue | $ 35 | 2,800 |
$ 8,166 |
| E 19th St & Broadway | Negotiable | 5,500 |
Negotiable |
| Fifth Ave & East 29th Street | Negotiable | 3,000 |
Negotiable |
| Park Ave S & East 24th Street | Negotiable | 4,000 |
Negotiable |
| Fifth Ave & Between East 28th Street | $ 52 | 5,000 |
$ 21,458 |
| Address | $ / SF | SF | Monthly Rent |
|---|---|---|---|
| E 28th St & Park Avenue South | $ 38 | 2,300 |
$ 7,187 |
| E 23rd St & Broadway | Negotiable | 2,300 |
Negotiable |
| Broadway & East 21st Street | $ 74 | 1,800 |
$ 11,025 |
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.
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.