| Building Address: | 246 Fifth Ave, New York NY 10001 |
| Building Alternate Address: | 246 5th Ave |
| Zip Code: | 10001 |
| Neighborhood: | Chelsea |
| Borough: | Manhattan |
| Stories: | 6 |
| Year Built: | 1920 |
| Building Class: | B |
Located at the southwest corner of 28th Street, 246 Fifth Avenue in Manhattan is a six-story Romanesque Revival building designed by architect John E. Terhune and completed in 1889. The structure was commissioned by Mrs. Paran Stevens after she purchased the former residence and stable of John Quentin Jones, president of Chemical National Bank, marking the transition of this Fifth Avenue section from residential to commercial use.
Terhune's design is noted for its captivating blend of brick, stone, and iron elements. Architectural features include heavy brick corbels above the fifth floor's arched openings, angled cast iron bays with three-story arches, and decorative terra cotta tiles above the top-floor windows. The building also incorporates sunflower-shaped and elaborate backward S-shaped iron tie rods that add both structural support and ornamental detail.
Early tenants of 246 Fifth Avenue were predominantly upscale businesses, such as John Mason's jewelry store, which famously exhibited a large South African diamond weighing 83 carats in 1891. The upper floors housed various offices, including architectural firms William Schickel & Co. and Thomas Henry Poole, the latter using the space while designing notable churches. The building also accommodated the photographic studio Davis & Sanford, known for portraits of military, theatrical, and political figures, and garment maker E. M. Emery, whose workers staged a strike in 1893 addressing harsh labor conditions.
The building's commercial spaces included antique dealer Obadiah L. Sypher's gallery, which specialized in fine arts and rarities, and later Herbert H. Hallett's fine arts gallery. Despite economic challenges during the 1890s financial depression, these businesses reflected the building’s role as a hub for high-end retail and professional services in a rapidly commercializing part of Fifth Avenue.
Today, 246 Fifth Avenue stands within the Madison Square North Historic District, recognized for its architectural and historical significance as one of the earliest commercial structures marking the evolution of Fifth Avenue’s NoMad neighborhood.
246 Fifth Avenue, Manhattan, NYC is located in the Flatiron-NoMad neighborhood of Manhattan. This building, built in 1920 and last altered in 2015, features six stories with 47 commercial units. The property offers a mix of office spaces and is situated in a highly sought-after area known for its proximity to world-class restaurants and convenient amenities. The building's location benefits from a Walk Score of 100, reflecting its excellent accessibility within the urban environment.
The neighborhood is known for landmarks like the Flatiron Building and Madison Square Park, offering a vibrant mix of shops, restaurants, and historic architecture. The building at 246 Fifth Avenue includes recent property assessments valuing it at approximately $13.9 million as of 2025.
Amenities at 246 Fifth Ave, Manhattan, NYC
This six-story, 32,000+ sq ft building in the NoMad/Flatiron District offers flexible, fully furnished office spaces designed for modern businesses.
- Fully private and furnished offices with turnkey setup
- Flexible office suites accommodating 1 to 56 occupants
- High-speed internet included
- Utilities, building services, and property expenses included in rental rate
- 3 communal conference rooms available
- 4 private phone booths for calls and privacy
- Lounge area and large, fully stocked kitchen
- Central air conditioning
- Finished ceilings between 9 to 11 feet height
- Mostly open floor plan layout with some partitioned private offices
- 24-hour building access
- Controlled access and on-site security staff
- Concierge and property manager on site
- Plug & play office readiness
- Natural light with fully carpeted spaces
- Access to public transportation: bus lines, metro/subway, commuter rail
Office Tenants Rented / Leased at 246 Fifth Ave, Manhattan, NYC
246 Fifth Avenue is a six-story building located in the NoMad neighborhood of Manhattan, New York City, featuring 47 commercial units with a mix of office and retail spaces.
Available Office Space Highlights
This building offers flexible, fully private, furnished, and serviced office spaces managed by Codi, suitable for startups to established companies, designed to foster productivity and innovation:
- Third Floor: 100 to 7,000 SF office space available, negotiable term and rental rate.
- Suites range from 1 to 15 occupants.
- Spaces include 3 communal conference rooms, 4 phone booths, a lounge, and a large kitchen.
- Fully furnished with high-speed internet, beverages, printing, meeting rooms, and operating expenses included in one monthly rate.
- Mostly open floor plan with 3 private offices.
- Finished ceilings between 9’ - 11’ with central air conditioning.
- Space fits between 1 to 56 people and is in excellent condition.
Building Features and Amenities
- 24-hour access with controlled entry.
- On-site property manager and security staff.
- Conference facilities and multiple meeting rooms.
- Fully stocked kitchen and lounge areas.
- High ceilings and natural light.
- Business support services including mail handling, copy/print center, and admin support.
- Audio-visual systems, VoIP, and WiFi access.
- Janitorial and cleaning services provided.
Location Advantages
Situated near Madison Square Park, the property provides easy access to Midtown, Chelsea, Herald Square, and Union Square with nearby subway and bus connections. The neighborhood offers a vibrant setting with numerous restaurants, bars, and cultural venues to support a dynamic business environment.
Office Space Pricing
Rental rates are generally negotiable and include utilities, building services, and property expenses. Pricing varies based on office size, class, and configuration:
| Office Type |
Monthly Rent (Approximate) |
| Windowed Office (Class A) |
$2,000 per person |
| Interior Office (Class A) |
$1,250 per person |
| Windowed Office (Class B) |
$1,250 per person |
| Interior Office (Class B) |
$750 per person |
| Windowed Office (Class C) |
$750 per person |
| Interior Office (Class C) |
$500 per person |
Internet Providers at 246 Fifth Ave, Manhattan, NYC
- Verizon Fios: High-speed fiber internet up to 2 Gbps with reliable service
- Astound Broadband (RCN): Fiber and cable plans up to 1.5 Gbps, unlimited data
Other potential providers include Spectrum (cable up to 1 Gbps) and Optimum (fiber up to 8 Gbps), subject to building infrastructure.
Location Overview
246 Fifth Avenue is situated in the vibrant NoMad neighborhood of Manhattan, NYC.
Transportation
This location boasts world-class public transportation options:
- Subway: Conveniently accessible via the N, Q, R, and W lines at the 28 St stop.
- PATH Trains: Nearby access to PATH lines connecting to Journal Square, World Trade Center, and Hoboken.
- Bus Lines: Various options are available, including the M1, M2, M3, M55, and BxM lines.
Cross Streets
246 Fifth Avenue is located between East 27th and East 28th Streets.
Neighborhood
NoMad is the 9th most walkable neighborhood in Manhattan, with a neighborhood Walk Score of 99.
