| $ / SF | SF | Monthly Rent |
|---|---|---|
| $ 48 | 3,300 |
$ 13,200 |
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | $ 2100 | $ 1300 | $ 1002 |
| Interior office/person | $ 1350 | $ 800 | $ 752 |
| Team Rooms | $ 10100 | $ 8050 | $ 5252 |
| Suites | $ 20100 | $ 12050 | $ 7252 |
| 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 |
| 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 |
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.
| Building Address: | 251-253 Fifth Ave, New York NY 10016 |
| Building Alternate Address: | 251-253 5th Ave |
| 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.
Residents of 251-253 Fifth Avenue can enjoy a range of luxurious amenities, including:
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: