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Rent/Lease Office 551 Fifth Ave, New York, NY (Fred F. French Building)
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 68.5 | ||
| Negotiable |
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 38 | ||
| Negotiable |
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 44th Street | $ 65 | 13,500 |
$ 73,125 |
| Third Ave & East 39th Street | $ 35 | 49,100 |
$ 143,208 |
| Lexington Ave & East 43rd Street | $ 55 | 12,900 |
$ 59,125 |
| 5th Ave & East 44th Street | $ 70.5 | 9,600 |
$ 56,400 |
| Park Ave & East 45th Street | $ 98 | 9,700 |
$ 79,216 |
| E 42nd St & Lexington Avenue | $ 40 | 55,700 |
$ 185,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 39th Street | $ 99 | 4,200 |
$ 34,650 |
| Fifth Ave & East 44th Street | $ 50 | 3,300 |
$ 13,750 |
| E 42nd St & Lexington Avenue | $ 49 | 4,800 |
$ 19,600 |
| Lexington Ave & East 41st Street | $ 63 | 3,800 |
$ 19,950 |
| 5th Ave & East 44th Street | $ 71 | 7,000 |
$ 41,416 |
| Park Ave & East 40th Street | $ 66 | 4,300 |
$ 23,650 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 50 | 2,100 |
$ 8,750 |
| Park Ave & East 40th Street | $ 67.5 | 2,000 |
$ 11,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 24.75 | 7,300 |
$ 15,056 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 42nd St & Park Avenue | $ 42 | 5,100 |
$ 17,850 |
| Fifth Ave & East 44th Street | $ 51.5 | 3,300 |
$ 14,162 |
| E 42nd St & Lexington Avenue | $ 52 | 4,800 |
$ 20,800 |
| Lexington Ave & East 41st Street | $ 27.25 | 5,600 |
$ 12,716 |
| Madison Ave & East 40th Street | $ 58.75 | 4,200 |
$ 20,562 |
| E 41st St & Fifth Avenue | $ 47 | 2,700 |
$ 10,575 |
| Fifth Ave & East 45th Street | $ 54 | 3,400 |
$ 15,300 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 51.5 | 2,100 |
$ 9,012 |
| Lexington Ave & East 40th Street | $ 41 | 2,100 |
$ 7,175 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| 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 |
|---|---|---|---|
| Vanderbilt Ave & East 43rd Street | $ 125 | 15,800 |
$ 164,583 |
| Fifth Ave & East 46th Street | $ 69 | 11,400 |
$ 65,550 |
| Park Ave & East 41st Street | $ 175 | 12,200 |
$ 177,916 |
| Lexington Ave & East 42nd Street | $ 69 | 7,400 |
$ 42,550 |
| Third Ave & East 40th Street | $ 60 | 27,700 |
$ 138,500 |
| Park Ave & East 39th Street | $ 105 | 12,400 |
$ 108,500 |
| E 42nd St & Lexington Avenue | $ 69 | 28,500 |
$ 163,875 |
| Fifth Ave & East 40th Street | $ 85 | 11,200 |
$ 79,333 |
| Madison Ave & East 45th Street | $ 85 | 14,200 |
$ 100,583 |
| E 42nd St & Madison Avenue | $ 84 | 12,700 |
$ 88,900 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 40th Street | $ 98 | 3,200 |
$ 26,133 |
| E 45th St & Lexington Avenue | $ 81 | 4,300 |
$ 29,025 |
| Lexington Ave & East 42nd Street | $ 67 | 4,000 |
$ 22,333 |
| Third Ave & East 40th Street | $ 63 | 3,600 |
$ 18,900 |
| Third Ave & East 42nd Street | $ 70 | 5,500 |
$ 32,083 |
| E 42nd St & Lexington Avenue | $ 58 | 4,100 |
$ 19,816 |
| Vanderbilt Ave & East 44th Street | $ 49 | 5,300 |
$ 21,641 |
| Third Ave & East 41st Street | $ 55 | 5,100 |
$ 23,375 |
| Third Ave & East 41st Street | $ 70 | 4,800 |
$ 28,000 |
| Third Ave & Between East 44th Street | $ 65 | 4,800 |
$ 26,000 |
| Third Ave & East 46th Street | $ 62 | 4,100 |
$ 21,183 |
| Third Ave & East 39th Street | $ 70 | 4,700 |
$ 27,416 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 45th St & Lexington Avenue | $ 75 | 2,400 |
$ 15,000 |
| Lexington Ave & East 42nd Street | $ 61 | 1,500 |
$ 7,625 |
| Park Ave & East 41st Street | $ 85 | 2,300 |
$ 16,291 |
| Lexington Ave & East 41st Street | $ 57 | 1,500 |
$ 7,125 |
| Third Ave & East 41st Street | $ 55 | 1,700 |
$ 7,791 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 42nd Street | $ 58 | 7,400 |
$ 35,766 |
| E 42nd St & Park Avenue | $ 59 | 9,700 |
$ 47,691 |
| E 42nd St & Lexington Avenue | $ 65 | 8,400 |
$ 45,500 |
| Madison Ave & East 40th Street | $ 65.5 | 14,600 |
$ 79,691 |
| Vanderbilt Ave & East 44th Street | $ 79 | 8,100 |
$ 53,325 |
| E 44th St & Third Avenue | $ 58 | 8,400 |
$ 40,600 |
| E 45th St & Third Avenue | $ 48 | 7,100 |
$ 28,400 |
| Madison Ave & East 40th Street | $ 59 | 16,000 |
$ 78,666 |
| Madison Ave & East 40th Street | $ 57.5 | 8,800 |
$ 42,166 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 41st St & Fifth Avenue | $ 59 | 5,300 |
$ 26,058 |
| E 45th St & Third Avenue | $ 48 | 5,000 |
$ 20,000 |
| Madison Ave & East 40th Street | $ 56 | 6,900 |
$ 32,200 |
| E 44th St & Third Avenue | $ 48 | 4,500 |
$ 18,000 |
| E 41st St & Fifth Avenue | $ 50 | 4,000 |
$ 16,666 |
| E 42nd St & Park Avenue | $ 66 | 6,700 |
$ 36,850 |
| Madison Ave & East 40th Street | $ 45 | 3,500 |
$ 13,125 |
| Madison Ave & East 40th Street | $ 75 | 3,600 |
$ 22,500 |
| Madison Ave & East 41st Street | $ 56 | 5,700 |
$ 26,600 |
| Madison Ave & East 41st Street | $ 61 | 2,600 |
$ 13,216 |
| Lexington Ave & East 41st Street | $ 60 | 3,700 |
$ 18,500 |
| Vanderbilt Ave & East 44th Street | $ 50 | 4,000 |
$ 16,666 |
| Third Ave & Between East 44th Street | $ 66 | 4,800 |
$ 26,400 |
| E 42nd St & Lexington Avenue | $ 55 | 3,300 |
$ 15,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 46th St & Fifth Avenue | $ 132 | 2,000 |
$ 22,000 |
| E 45th St & Third Avenue | $ 47 | 1,700 |
$ 6,658 |
| Madison Ave & East 41st Street | $ 55 | 2,000 |
$ 9,166 |
| Lexington Ave & East 40th Street | $ 43 | 2,100 |
$ 7,525 |
| Fifth Ave & East 42nd Street | $ 60 | 1,600 |
$ 8,000 |
| Lexington Ave & East 44th Street | $ 55 | 1,500 |
$ 6,875 |
| E 42nd St & Lexington Avenue | $ 61 | 2,200 |
$ 11,183 |
| E 42nd St & Madison Avenue | $ 69 | 2,100 |
$ 12,075 |
| Second Ave & East 43rd Street | $ 59 | 2,300 |
$ 11,308 |
| Madison Ave & East 39th Street | $ 52 | 1,900 |
$ 8,233 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & Between East 42nd Street | $ 84 | 9,200 |
$ 64,400 |
| Fifth Ave & East 39th Street | $ 52 | 7,300 |
$ 31,633 |
| E 39th St & Fifth Avenue | $ 39.5 | 7,900 |
$ 26,004 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & Between East 42nd Street | $ 83.5 | 6,000 |
$ 41,750 |
| E 40th St & Lexington Avenue | $ 48.5 | 3,000 |
$ 12,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 50.5 | 1,600 |
$ 6,733 |
Retail Spaces for Rent at 551 Fifth Ave
Rent Retail 551 Fifth Ave
Rent Medical Space at 551 Fifth Ave
- Fryer & Ross leased 1,680 SF
- New York Advisory Servic… leased 3,400 SF
- Pace University Midtown leased 20,853 SF
- Pasternack Tilker Ziegler… leased 2,421 SF
- R2Net leased 2,557 SF
- Tommy Bahama leased 9,584 SF
- Tommy Bahama leased 8,500 SF
- Colgate-Palmolive Company leased 241,657 SF at 300 Park Avenue
- PwC leased 240,384 SF at 90 Park Ave
- Macquarie Group Ltd. leased 221,764 SF at 666 Fifth Ave
- MasterCard leased 216,456 SF at 150 Fifth Ave
- Memorial Sloan Kettering… leased 215,197 SF at 633 Third Ave
- Zengo leased 17,000 SF at 622 Third Ave
- Blink Fitness leased 17,000 SF at 125 Park Avenue
- Blink Fitness leased 16,000 SF at 600 Third Ave
- Lululemon leased 15,964 SF at 114 Fifth Ave
- Prada leased 15,540 SF at 724 Fifth Ave
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
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
551 Fifth Avenue, New York, NY Property Overview
| Building Address: | 551 Fifth Ave, New York NY 10176 |
| Building Name: | Fred F. French Building |
| Building Alternate Address: | 551 5th Ave, New York, NY |
| Zip Code: | 10176 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 38 |
| Year Built: | 1927 |
| Building Class: | B |
| Block & lot: | 01281-0001 |
The Fred F. French Building, located at 551 Fifth Avenue in Manhattan, New York City, is a 38-story skyscraper designed by H. Douglas Ives and Sloan & Robertson. Completed in 1927, it features an Art Deco style with Middle Eastern influences. The building was named after Frederick Fillmore French, owner of the Fred F. French Companies, which commissioned the structure as its headquarters.
The facade is primarily composed of brick walls and limestone trim, with two bronze entrances and mythological figures at the base. The top includes a tower with Mesopotamian bas-reliefs and faience tiles. The lobby features a polychrome vaulted ceiling with similar Middle Eastern motifs.
Originally intended as a 31-story building, it was expanded to 38 stories after the architects received a zoning variance. The building was the second-tallest in its area upon completion and underwent a major restoration in the 1990s. It became a New York City designated landmark in 1986 and was added to the National Register of Historic Places in 2004.
The Fred F. French Building is located at 551 Fifth Avenue in Midtown Manhattan, New York City. It is situated on the northeast corner with 45th Street. The building is also known by its secondary address as 1-7 East 45th Street.
This 38-story skyscraper was designed by the architectural firm of H. Douglas Ives and completed in 1927. It features a blend of Art Deco, ancient Babylonian, and European styles, contributing significantly to Fifth Avenue's international identity.
The building's exterior boasts a striking vertical facade of limestone and brick, adorned with orange brickwork, terracotta décor, and bronze paneling. The interior lobby is an interior landmark, featuring Roman travertine floors, St. Genevieve marble walls, and cast bronze elevator doors.
The Fred F. French Building is owned by The Feil Organization and was designated a New York City landmark in 1986. It was added to the National Register of Historic Places in 2004.
Building Amenities at 551 Fifth Avenue
- 24/7 Lobby Attendant
- Renovated Lobby with Bronze Finishes
- Brand-New Conference Amenity
- Panoramic City Views
- 24 Hour Access
- On-Site Property Manager
- Restaurant
- Car Charging Station
Prominent office tenants at 551 Fifth Avenue include:
- Zamir Equities
- Morton's The Steakhouse
- Jonathan Rose Companies
- Tommy Bahama
- Inter Parfums, Inc.
Internet Providers:
- Verizon Fios: fiber-optic, up to 2 Gbps
- Astound Broadband (RCN): cable and fiber, up to 1.5 Gbps
- Spectrum: cable, up to 1 Gbps
551 Fifth Avenue in Manhattan, NYC, is conveniently located near several public transportation options.
Nearest Train Stations: Grand Central Madison and Grand Central are both a 3-minute walk away.
Nearest Subway Station: Grand Central-42 St is a 4-minute walk away, with subway lines 4, 7, S, 5, and 6 nearby.
Nearest Bus Stops: Lexington Ave & E 48th St, 3 Av/E 47 St, and Lexington Av/E 45 St are all within a 3-minute walk.
Cross Streets: The location is situated near the intersection of 5th Avenue and East 45th Street.
- Fryer & Ross leased 1,680 SF
- New York Advisory Servic… leased 3,400 SF
- Pace University Midtown leased 20,853 SF
- Pasternack Tilker Ziegler… leased 2,421 SF
- R2Net leased 2,557 SF
- Tommy Bahama leased 9,584 SF
- Tommy Bahama leased 8,500 SF
- Colgate-Palmolive Company leased 241,657 SF at 300 Park Avenue
- PwC leased 240,384 SF at 90 Park Ave
- Macquarie Group Ltd. leased 221,764 SF at 666 Fifth Ave
- MasterCard leased 216,456 SF at 150 Fifth Ave
- Memorial Sloan Kettering… leased 215,197 SF at 633 Third Ave
- Zengo leased 17,000 SF at 622 Third Ave
- Blink Fitness leased 17,000 SF at 125 Park Avenue
- Blink Fitness leased 16,000 SF at 600 Third Ave
- Lululemon leased 15,964 SF at 114 Fifth Ave
- Prada leased 15,540 SF at 724 Fifth Ave
Recent News About 551 Fifth Avenue
Isolar Enterprises, Inc. Testimonial
To Whom It May Concern: We were very fortunate to have Stephen Sunderland as our agent when we began to look for a new office space. Steve totally understood what we were looking for and found us our new home really quickly! He did not waste our time showing us endless properties that didn't meet with our criteria. We are extremely happy here in our new office and we all found Steve to be a pleasure to deal with. I would highly recommend him to anyone who is looking for a new space in New York City. Sincerely, Eileen d' ArcyOffice Buildings in Grand Central
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.