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Rent/Lease Office 261 Fifth Ave

$ / SF SF Monthly Rent
$ 73
4,700
$ 28,591
$ 78
12,500
$ 81,770

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 19th Street $ 77
8,800
$ 56,466
Fifth Ave & East 16th Street $ 42
10,100
$ 35,350
Park Ave S & Between East 19th Street $ 60
7,700
$ 38,500
Madison Ave & East 29th Avenue $ 59
10,500
$ 51,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1491 $ 775
Interior office/person $ 1350 $ 991 $ 525
Team Rooms $ 10100 $ 8241 $ 5025
Suites $ 20100 $ 12241 $ 7025

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
E 26th St & Fifth Avenue $ 125
12,100
$ 126,041
Park Ave S & East 20th Street $ 79
13,000
$ 85,583
Park Ave S & Between East 19th Street $ 66
7,700
$ 42,670
Park Ave S & East 27th Street $ 75
8,700
$ 54,375
Broadway & Between East 13th Street $ 70
12,700
$ 74,083
Madison Ave & East 29th Avenue $ 60
8,300
$ 41,845
E 23rd St & Park Avenue $ 41
18,400
$ 62,866
Park Ave S & East 26th Street $ 48
12,000
$ 48,000
Park Ave S & East 27th Street $ 69
13,100
$ 75,325
Madison Ave & East 28th Street $ 40
18,500
$ 60,895
Address $ / SF SF Monthly Rent
Park Ave S & East 26th Street $ 75
2,700
$ 16,875
Broadway & East 18th Street $ 72
2,500
$ 15,104
University Pl & East 12th Street $ 50
6,500
$ 27,083
E 23rd St & Park Avenue $ 42
6,100
$ 21,350
Broadway & East 20th Street $ 76
3,700
$ 23,433
Broadway & Between East 19th Street $ 76
5,300
$ 33,787
Park Ave S & East 26th Street $ 70
3,900
$ 22,912
Union Sq W & East 16th Street $ 66
3,700
$ 20,504
Address $ / SF SF Monthly Rent
E 23rd St & Third Avenue $ 46
2,400
$ 9,100
Broadway & East 18th Street $ 74
1,800
$ 11,025
Park Ave S & East 26th Street $ 63
2,100
$ 11,025
Fifth Ave & East 29th Street $ 72
2,000
$ 12,016
Broadway & Between East 19th Street $ 75
2,200
$ 13,750
Address $ / SF SF Monthly Rent
Madison Ave & East 30th Street $ 39
11,000
$ 35,750
E 23rd St & Lexington Avenue $ 67
21,600
$ 120,600
E 19th St & Broadway $ 52
7,700
$ 33,687
Address $ / SF SF Monthly Rent
E 23rd St & Park Avenue $ 35
2,800
$ 8,166
Fifth Ave & Between East 28th Street $ 52
5,000
$ 21,875
E 19th St & Broadway $ 54
5,500
$ 24,979
Fifth Ave & East 29th Street $ 59
2,500
$ 12,291
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

Retail Spaces for Rent at 261 Fifth Ave

Rent Medical Space at 261 Fifth Ave

Office Tenants Rented / Leased 261 Fifth Avenue
  • China Glassware Capital Qixian Inc. leased 2,500 SF
  • Tumi Inc. leased 14,047 SF
  • Treatment Action Group leased 2,458 SF
  • The Northwest Company leased 12,256 SF
  • Josie Accessories Inc. leased 19,326 SF
  • Croscill leased 12,300 SF
  • Abalon Exterminating leased 3,504 SF
  • Dr. Harold Efron leased 1,660 SF
  • Cathy Home Furnishings leased 4,428 SF
  • Tumi leased 9,861 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Net-a-Porter leased 32,144 SF at 100 Fifth 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
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 261 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 261 Fifth Avenue and in the nearby Gramercy Park neighborhood.
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261 Fifth Avenue nyc
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261 Fifth Avenue Property Overview

Building Address: 261 Fifth Ave, New York NY 10016
Building Name: 261 5th Avenue
Building Alternate Address: 261 5th Ave
Zip Code:10016
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:26
Year Built:1928
Building Class:B
Block & lot:00858-0078

Located at 261 Fifth Avenue at East 29th Street in Manhattan, New York City, this 26-story building was completed in 1929. Designed by the architectural firm Buchman & Kahn with Ely Jacques Kahn as the lead architect, it exemplifies the Art Deco style prominent during that era.

The building was constructed on a site that previously housed six mid-19th century residences, replacing them with a multi-purpose structure intended for showrooms, offices, and manufacturing space primarily for companies in the housewares and carpet industries.

Its striking terra cotta ornamentation bears similarities to motifs used by Frank Lloyd Wright, highlighting the building's distinct architectural character. The original Fifth Avenue entrance featured an inverted stairstep design and Art Deco panels, reinforcing the building’s stylistic identity.

At its opening, the ground floor tenant was the Broadway National Bank and Trust Company, which boasted lavish Art Deco interiors designed by Louis H. Friedland, including marble columns and pilasters in black and gold, an ornamental decorative ceiling, and bronze grills with French walnut marquetry paneling.

261 Fifth Avenue is part of the Madison Square North Historic District, designated a New York City Landmark in 2001. It stands in a neighborhood that has transformed from residential mansions to a vibrant area of commerce and culture, situated between the Flatiron and Garment Districts, near Madison Square Park.

Throughout its history, the building has hosted a diverse range of tenants including textile firms, publishing companies, and manufacturing firms, reflecting the evolution of the city’s economy over the 20th century. The lobby remains notable for its ornate gold-leaf ceiling, mosaic details, and distinctive chandeliers, preserving the grandeur of its Art Deco origins.

Recent renovations have modernized elevators and common corridors while retaining the building’s historic charm, featuring oversized windows that provide abundant natural light uncommon in many contemporary office buildings.

261 Fifth Avenue, Manhattan, NYC is a historic and iconic building located at the corner of East 29th Street, situated between the Flatiron and Garment Districts in Midtown South. Built in 1928, it evokes the timeless architecture of the Art Deco era with an ornate lobby featuring a gold-leaf ceiling and mosaic details. The property boasts 25 floors and offers extensive views due to its oversized windows, which were updated during recent renovations. 261 Fifth Avenue is close to notable landmarks like Madison Square Park, Penn Station, and the Empire State Building. Its proximity to major subway lines (N, R, 1, 2, 3) and other transit options enhances accessibility.


261 Fifth Avenue is a landmark 23-story office building in Midtown South Manhattan, completed in 1928 with design by Buchman & Kahn, blending classic Art Deco architecture with modern renovations.

The building features an ornate lobby adorned with a gold-leaf ceiling, mosaic detailing, and unique chandeliers, reflecting its status within the Madison Square North historic district.

Recent renovations include oversized expansive windows that provide abundant natural daylight, modernized elevators, and updated common corridors and storefronts facing Fifth Avenue and 29th Street.

Additional amenities include a new building entrance, a 24/7 concierge-monitored lobby, and round-the-clock security service.

Its prime location offers close proximity to Madison Square Park, Flatiron District, Penn Station, Empire State Building, Madison Square Garden, and Herald Square, with convenient access to multiple subway lines (N, R, W, 1, 2, 3, and 6), as well as LIRR, Amtrak, and New Jersey PATH transit options.

The building encompasses approximately 427,869 square feet of Class B office space and is complemented by premier ground-floor retail and showroom spaces.

Surrounding the property is a diverse selection of restaurants, stylish boutiques, and destination hotels, enhancing the tenant experience.


261 Fifth Avenue, located in Manhattan, New York City, is a landmark office building known for its Art Deco architecture and modern amenities. The building, owned by The Feil Organization, is home to a diverse range of tenants.

Notable tenants include:

  • Starbucks
  • Tumi
  • Blackbird
  • Tech Briefs Media Group
  • Franco Manufacturing Co.
  • Maytex
  • Dining Fashions
  • Cult Health
  • Imperium Capital
  • Himatsingka America Inc.
  • Town & Country Living
  • MiQ

The building is situated in a vibrant neighborhood with access to major transportation hubs like Penn Station, Madison Square Garden, and Herald Square. It offers large windows, renovated common areas, and a beautifully restored lobby.


Internet providers available at 261 Fifth Avenue, Manhattan, NYC include:

  • Verizon Fios: Offers high-speed fiber-optic internet with speeds up to 2.3 Gbps.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services with speeds up to 1.5 Gbps.

261 Fifth Avenue, Manhattan, NYC

Located at the corner of Fifth Avenue and East 29th Street in Midtown South, this landmark building sits between the Flatiron and Garment Districts.

Cross Streets

Fifth Avenue and Madison Avenue, near East 29th Street

Nearby Landmarks

Close to Madison Square Park, Penn Station, Empire State Building, Madison Square Garden, and Herald Square.

Public Transportation Access

Subway Lines

The following subway lines serve stations within a short walking distance:

  • N, R, W (28th Street station)
  • 1, 2, 3 (34th Street–Penn Station and 33rd Street stations)
  • D, E, F, M (nearby stations)
  • 4, 6, 6X (28th Street and 33rd Street stations)

Bus Lines

Convenient bus services near 261 Fifth Avenue include:

  • BXM4, M1, M15-SBS, M3, M34A-SBS, M4, QM10, M2, M55, X63, X64, BM1, BM2, BM3, BM4

Train Services

Regional train access is facilitated by:

  • New Jersey PATH
  • Long Island Rail Road (LIRR)
  • Amtrak
  • Hudson Line Commuter Rail

Nearby Bus Stops

  • 5 Av / W 31 St (1 min walk)
  • 5 Av / W 32 St (1 min walk)
  • 5 Av / W 30 St (1 min walk)
  • 5th Ave & W 30th St (1 min walk)
  • E 32 St / 5 Av (2 min walk)
  • Madison Av / E 31 St (3 min walk)
  • Madison Av / E 29 St (3 min walk)

Nearby Subway Stations Walking Times

  • 28th Street (N, R, W, 6 lines) - 5 min walk
  • 33rd Street (6, 6X lines) - 8 min walk
  • 34th Street–Herald Square (B, D, F, M lines) - 8 min walk
Office Tenants Rented / Leased 261 Fifth Avenue
  • China Glassware Capital Qixian Inc. leased 2,500 SF
  • Tumi Inc. leased 14,047 SF
  • Treatment Action Group leased 2,458 SF
  • The Northwest Company leased 12,256 SF
  • Josie Accessories Inc. leased 19,326 SF
  • Croscill leased 12,300 SF
  • Abalon Exterminating leased 3,504 SF
  • Dr. Harold Efron leased 1,660 SF
  • Cathy Home Furnishings leased 4,428 SF
  • Tumi leased 9,861 SF

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Net-a-Porter leased 32,144 SF at 100 Fifth 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
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Office Tenants Rented / Leased 261 Fifth Avenue
  • China Glassware Capital Qixian Inc. leased 2,500 SF
  • Tumi Inc. leased 14,047 SF
  • Treatment Action Group leased 2,458 SF
  • The Northwest Company leased 12,256 SF
  • Josie Accessories Inc. leased 19,326 SF
  • Croscill leased 12,300 SF
  • Abalon Exterminating leased 3,504 SF
  • Dr. Harold Efron leased 1,660 SF
  • Cathy Home Furnishings leased 4,428 SF
  • Tumi leased 9,861 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Net-a-Porter leased 32,144 SF at 100 Fifth 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
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza

Belzberg Technologies Inc Testimonial

Belzberg Technologies Inc testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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