Expert Tenant Broker
We represent you, not the landlord
Rent Office 251-253 Fifth Avenue, New York, NY
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 48 |
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 29th Street | $ 59 | 10,500 |
$ 51,625 |
| Park Ave S & Between East 19th Street | $ 60 | 7,700 |
$ 38,500 |
| Fifth Ave & East 21st Street | $ 69 | 7,300 |
$ 41,975 |
| Fifth Ave & East 19th Street | $ 77 | 8,800 |
$ 56,466 |
| Fifth Ave & East 16th Street | $ 42 | 10,100 |
$ 35,350 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 21st Street | $ 71 | 5,200 |
$ 30,766 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 16th St & Park Avenue South | $ 64.5 | 3,400 |
$ 18,275 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| 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 |
|---|---|---|---|
| Madison Ave & East 25th Street | $ 92 | 9,100 |
$ 69,766 |
| Park Ave S & East 20th Street | $ 81 | 13,000 |
$ 87,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 17th Street | $ 95 | 4,000 |
$ 31,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 29th Street | $ 61 | 8,300 |
$ 42,191 |
| E 23rd St & Park Avenue | $ 42 | 18,400 |
$ 64,400 |
| Broadway & East 20th Street | $ 70.5 | 18,200 |
$ 106,925 |
| Park Ave S & Between East 19th Street | $ 67 | 7,700 |
$ 42,991 |
| Park Ave S & East 27th Street | $ 75 | 8,700 |
$ 54,375 |
| Fifth Ave & East 29th Street | $ 79 | 12,500 |
$ 82,291 |
| Park Ave S & East 27th Street | $ 91 | 23,800 |
$ 180,483 |
| Park Ave S & East 27th Street | $ 69.5 | 13,100 |
$ 75,870 |
| E 26th St & Fifth Avenue | $ 125 | 12,100 |
$ 126,041 |
| Park Ave S & East 26th Street | $ 48.5 | 12,000 |
$ 48,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between East 19th Street | $ 76.5 | 5,300 |
$ 33,787 |
| E 23rd St & Park Avenue | $ 41 | 6,100 |
$ 20,841 |
| Broadway & East 20th Street | $ 75 | 3,700 |
$ 23,125 |
| Fifth Ave & East 29th Street | $ 72 | 4,700 |
$ 28,200 |
| Park Ave S & East 26th Street | $ 71 | 3,900 |
$ 23,075 |
| Park Ave S & East 26th Street | $ 75 | 2,700 |
$ 16,875 |
| University Pl & East 12th Street | $ 49 | 6,500 |
$ 26,541 |
| Broadway & East 18th Street | $ 71.5 | 2,500 |
$ 14,895 |
| Union Sq W & East 16th Street | $ 67 | 3,700 |
$ 20,658 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Broadway & Between East 19th Street | $ 75 | 2,200 |
$ 13,750 |
| E 23rd St & Third Avenue | $ 45.5 | 2,400 |
$ 9,100 |
| Park Ave S & East 26th Street | $ 63 | 2,100 |
$ 11,025 |
| Fifth Ave & East 29th Street | $ 72.6 | 2,000 |
$ 12,100 |
| Broadway & East 18th Street | $ 73.5 | 1,800 |
$ 11,025 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 19th St & Broadway | $ 52.5 | 7,700 |
$ 33,687 |
| Madison Ave & East 30th Street | $ 39.5 | 11,000 |
$ 36,208 |
| E 23rd St & Lexington Avenue | $ 67.5 | 21,600 |
$ 121,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 23rd St & Park Avenue | $ 35 | 2,800 |
$ 8,166 |
| E 19th St & Broadway | $ 53.5 | 5,500 |
$ 24,520 |
| Fifth Ave & Between East 28th Street | $ 51.5 | 5,000 |
$ 21,458 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 28th St & Park Avenue South | $ 38.5 | 2,300 |
$ 7,379 |
| Broadway & East 21st Street | $ 74.5 | 1,800 |
$ 11,175 |
Retail Spaces for Rent at 251-253 Fifth Ave
Rent Retail 251-253 Fifth Ave
Rent Medical Space at 251-253 Fifth Ave
- The Simons Foundation leased 61,370 SF at 160 Fifth Ave
- LivingSocial leased 60,405 SF at 101 Fifth Ave
- WeWork leased 60,000 SF at 2 Herald Square
- Bank Leumi USA leased 60,000 SF at 579 Fifth Ave
- Everest leased 58,391 SF at 461 Fifth Ave
- Yext leased 58,194 SF at 1 Madison Ave
- American Eagle Outfitters leased 56,324 SF at 417 Fifth Ave
- Morvillo Abramowitz Gran… leased 55,029 SF at 565 Fifth Ave
- The Royce Funds leased 55,000 SF at 745 Fifth Ave
- Finlay Fine Jewelry Company leased 53,745 SF at 529 Fifth Ave
- Ben & Jack's leased 10,000 SF at 255 Fifth Ave
- True Love Bakery leased 10,000 SF at 18 East 16th St
- Gaonuri leased 10,000 SF at 1250 Broadway
- David Barton Gym leased 10,000 SF at 50 West 23rd St
- HMS International Fabrics Corporation leased 9,600 SF at 720 Fifth Avenue
- Chase leased 9,600 SF at 230 Park Ave S
- Tommy Bahama leased 9,584 SF at 551 Fifth Ave
- The Smith leased 9,200 SF at 230 Fifth Ave
- Stephen Hanson leased 9,160 SF at 381 Park Ave S
- Love leased 9,000 SF at 319 Fifth Avenue
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Situated in the heart of the dynamic NoMad district, 251-253 Fifth Avenue offers a premier investment opportunity within Manhattan’s prestigious commercial landscape. This asset features iconic Fifth Avenue frontage and historic architectural character, making it ideal for high-end retail repositioning or boutique office development. Given the area's rapid transformation and proximity to Madison Square Park, we advise that this property holds significant potential for long-term capital appreciation and remains a cornerstone asset for any portfolio targeting the Midtown South submarket.
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
251-253 Fifth Avenue, New York, NY Property Overview
| Building Address: | 251-253 Fifth Ave, New York NY 10016 |
| Building Alternate Address: | 251-253 5th Ave, New York, NY |
| Zip Code: | 10016 |
| Neighborhood: | Gramercy Park |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1916 |
| Building Class: | C |
| Block & lot: | 00858-0001 |
251-253 Fifth Avenue, Manhattan, NYC is a significant site in the Madison Square North Historic District.
251 Fifth Avenue was constructed in 1872 as one of the earliest examples of French Flats in New York City. Originally designed by George B. Post, it featured a Queen Anne style and was built with ground-floor retail. Over the years, the building has undergone significant alterations, losing its original pyramidal corner tower and much of its historic façade.
253 Fifth Avenue was originally a brownstone row house built in 1852 for Sophia Beach. It was later converted for commercial use in 1882. Despite its historical beginnings, the building's façade has been extensively modified and no longer retains much of its original architecture.
A recent redevelopment project approved by the Landmarks Preservation Commission involves restoring 251 Fifth Avenue and replacing 253 Fifth Avenue with a new 20-story mixed-use building. The project aims to integrate both properties into a unified structure, combining residential and commercial spaces.
251-253 Fifth Avenue, Manhattan, NYC
This location is part of the Madison Square North Historic District in the NoMad neighborhood of Manhattan. The site features the restoration of the historic 251 Fifth Avenue, built in 1872, and the planned demolition of 253 Fifth Avenue to make way for a new 20-story mixed-use tower.
The historic building at 251 Fifth Avenue is one of the earliest surviving apartment buildings in Manhattan, originally designed in the Queen Anne style by George B. Post. It has undergone significant alterations for commercial use over the years.
The new tower will integrate with the restored 251 Fifth Avenue, featuring a combination of residential and commercial spaces.
The project, led by TRA Studio Architecture, was approved by the Landmarks Preservation Commission and includes the design of a new building that complements the historic district's architectural style.
Amenities at 251-253 Fifth Avenue
Residents of 251-253 Fifth Avenue can enjoy a range of luxurious amenities, including:
- 24-hour doorman
- Concierge service
- Residents-only lounge
- State-of-the-art fitness center
- 67-foot saltwater pool
- Spa
- Seventh-floor roof deck
The building also features a fully integrated design that combines historic preservation with modern living, offering a unique blend of history and innovation in the heart of Manhattan.
251-253 Fifth Avenue, located in the vibrant NoMad neighborhood of Manhattan, NYC, offers a unique blend of history and modern office space. This building has been a hub for various businesses, but specific information about current office tenants is not readily available.
The property boasts a total of approximately 70,000 square feet, with available spaces ranging from 2,500 to 5,000 square feet. It is situated near several notable establishments, including Starbucks, The James Hotel, Milk Bar, and Ace Hotel.
A major redevelopment project is underway, which includes the construction of a new 20-story tower and the restoration of the existing building at 251 Fifth Avenue. Once completed, the complex will combine residential and commercial areas, offering a mix of rental apartments and office spaces.
Internet providers available near 251-253 Fifth Ave, Manhattan, NYC, include:
Verizon Fios - Offers high-speed fiber-optic internet with speeds up to 2.3 Gbps.
Spectrum - Provides cable internet with speeds up to 1 Gbps.
Astound Broadband Powered by RCN - Offers both cable and fiber services, with speeds up to 1.5 Gbps.
251-253 Fifth Avenue in Manhattan, NYC, is located in the NoMad neighborhood. The cross streets for this location are Fifth Avenue and 28th Street.
Neighborhood: NoMad
Cross Streets: Fifth Avenue and 28th Street
Transportation:
- Subway lines: 1, 2, 3
- Closest subway station: Broadway & 28th St
- Bus routes available nearby
- The Simons Foundation leased 61,370 SF at 160 Fifth Ave
- LivingSocial leased 60,405 SF at 101 Fifth Ave
- WeWork leased 60,000 SF at 2 Herald Square
- Bank Leumi USA leased 60,000 SF at 579 Fifth Ave
- Everest leased 58,391 SF at 461 Fifth Ave
- Yext leased 58,194 SF at 1 Madison Ave
- American Eagle Outfitters leased 56,324 SF at 417 Fifth Ave
- Morvillo Abramowitz Gran… leased 55,029 SF at 565 Fifth Ave
- The Royce Funds leased 55,000 SF at 745 Fifth Ave
- Finlay Fine Jewelry Company leased 53,745 SF at 529 Fifth Ave
- Ben & Jack's leased 10,000 SF at 255 Fifth Ave
- True Love Bakery leased 10,000 SF at 18 East 16th St
- Gaonuri leased 10,000 SF at 1250 Broadway
- David Barton Gym leased 10,000 SF at 50 West 23rd St
- HMS International Fabrics Corporation leased 9,600 SF at 720 Fifth Avenue
- Chase leased 9,600 SF at 230 Park Ave S
- Tommy Bahama leased 9,584 SF at 551 Fifth Ave
- The Smith leased 9,200 SF at 230 Fifth Ave
- Stephen Hanson leased 9,160 SF at 381 Park Ave S
- Love leased 9,000 SF at 319 Fifth Avenue
Innisfree Mergers and Acquisitions Testimonial
Dear Steve,
We are pleased to serve as a reference for you and Optimal Spaces Inc. You and your team did a great job for us in finding a sublease at 67 Wall Street. You were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
We look forward to working with you again.
Very truly yours,
Arthur B. Crozier
Co-Chairman
Office Buildings in Gramercy Park
- 2-4 Irving Place
- 425 E 25th St
- 723 E 13th St
- 225 Park Avenue South
- 360 Park Avenue South
- 261 Fifth Avenue
- 230 Park Avenue South
- 902 Broadway
- 115 Fifth Ave
- 245 Fifth Avenue
- 11 East 26th Street
- 79 Madison Avenue
- 215 Park Avenue South
- 55 Fifth Avenue
- 15 East 26th Street
- 105 Madison Avenue
- 386 Park Avenue South
- 4 Union Sq S
- 915 Broadway
- 401 Park Avenue South
- 151 E 25th St
- 20 E 16th St
- 854 Broadway
- 111 Fifth Avenue
- 387 Park Avenue South
- 381 Park Avenue South
- 60 Madison Avenue
- 352 Park Avenue South
- 380 Second Avenue
- 300 Park Avenue South
- 301 First Ave
- 433 First Ave
- 345 E 15th St
- 33 Irving Place
- 71 Fifth Avenue
- 233 Park Avenue South
- 149 Fifth Avenue
- 419 Park Avenue South
- 24-32 Union Sq E
- 440 Park Avenue South
- 41 Union Sq W
- 826 Broadway
- 95 Madison Avenue
- 220 East 23rd Street
- 99 Madison Avenue
- 5-9 Union Sq W
- 250 Park Avenue South
- 432 Park Avenue South
- 251 Park Avenue South
- 85 Fifth Avenue
- 19 Union Sq W
- 373 Park Avenue South
- 287 Park Avenue South
- 920 Broadway
- 936 Broadway
- 841 Broadway
- 404 Park Avenue South
- 35 East 21st Street
- 30-34 Irving Place
- 37 East 18th Street
- 112-116 Madison Avenue
- 33 East 17th Street
- 873 Broadway
- 900 Broadway
- 317 E 19th St
- 115 East 23rd Street
- 860 Broadway
- 838 Broadway
- 235 Park Avenue South
- 137 East 25th Street
- 101 Fifth Avenue
- 127 E 22nd St
- 895-899 Broadway
- 119 Fifth Avenue
- 116 East 27th Street
- 72 Madison Avenue
- 3 East 28th Street
- 113 University Place
- 116 East 16th Street
- 27 Union Sq W
- 267 Fifth Avenue
- 91 Fifth Avenue
- 38 East 29th Street
- 1 Union Sq W
- 37 East 28th Street
- 281 Park Avenue South
- 139 Fifth Avenue
- 36-38 East 20th Street
- 155 Fifth Avenue
- 821 Broadway
- 135 Fifth Avenue
- 247-251 3rd Avenue
- 18 East 17th Street
- 37 Union Sq W
- 103 Fifth Avenue
- 30-32 East 20th Street
- 125-127 Fifth Avenue
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.