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Rent/Lease Office 551 Fifth Ave

$ / SF SF Monthly Rent
Negotiable
2,500
Negotiable
$ 84
6,800
$ 47,600
$ 68
10,800
$ 61,200
$ / SF SF Monthly Rent
Negotiable
5,200
Negotiable
$ 38
9,900
$ 31,350

Nearby Sublease office Spaces for Rent

Address $ / SF 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
9,600
$ 56,000
Park Ave & East 45th Street $ 100
9,700
$ 80,833
E 42nd St & Lexington Avenue $ 40
55,700
$ 185,666
Address $ / SF 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 $ 59
3,800
$ 18,683
5th Ave & East 44th Street $ 70
7,000
$ 40,833
Park Ave & East 40th Street $ 65
4,300
$ 23,291
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Address $ / SF SF Monthly Rent
Lexington Ave & East 41st Street $ 25
7,300
$ 15,056
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
E 42nd St & Lexington Avenue $ 52
4,800
$ 20,600
Lexington Ave & East 41st Street $ 27
5,600
$ 12,483
Madison Ave & East 40th Street $ 59
4,200
$ 20,737
E 41st St & Fifth Avenue $ 47
2,700
$ 10,575
Fifth Ave & East 45th Street $ 50
3,400
$ 14,166
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Lexington Ave & East 40th Street $ 42
2,100
$ 7,262
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
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF 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 Avenue $ 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 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 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
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Address $ / SF 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 $ 64
8,400
$ 45,150
Madison Ave & East 40th Street $ 66
14,600
$ 79,691
Vanderbilt Ave & East 44th Street $ 81
8,100
$ 54,675
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
8,800
$ 41,800
Address $ / SF SF Monthly Rent
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 $ 77
3,600
$ 23,100
Madison Ave & East 41st Avenue $ 58
5,700
$ 27,550
Madison Ave & East 41st Avenue $ 63
2,600
$ 13,650
Lexington Ave & East 41st Street $ 62
3,700
$ 19,116
Vanderbilt Ave & East 44th Street $ 52
4,000
$ 17,333
Third Ave & Between East 44th Street $ 68
4,800
$ 27,200
E 42nd St & Lexington Avenue $ 57
3,300
$ 15,675
Madison Ave & East 39th Street $ 52
2,700
$ 11,700
Address $ / SF 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 Avenue $ 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 $ 59
2,200
$ 10,816
E 42nd St & Madison Avenue $ 70
2,100
$ 12,162
Second Ave & East 43rd Street $ 57
2,300
$ 10,925
Madison Ave & East 39th Street $ 50
1,900
$ 7,916
Address $ / SF 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 $ 40
7,900
$ 26,004
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 86
6,000
$ 42,750
E 40th St & Lexington Avenue $ 50
3,000
$ 12,625
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 48
1,600
$ 6,466

Retail Spaces for Rent at 551 Fifth Ave

Rent Medical Space at 551 Fifth Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 551 Fifth Avenue. This trend is projected to continue. Opportunities for subleases remain available at 551 Fifth Avenue and in the nearby Grand Central neighborhood.
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551 Fifth Avenue nyc
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551 Fifth Avenue Property Overview

Building Address: 551 Fifth Ave, New York NY 10176
Building Name: Fred F. French Building
Building Alternate Address: 551 5th Ave
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 at 551 Fifth Ave, Manhattan, NYC

Several top internet providers serve the area around 551 Fifth Ave, Manhattan. Here are some of the key providers:

  • Verizon Fios: Known for its high speeds and reliability, Verizon Fios offers plans starting at 300 Mbps up to 2 Gbps. It covers a significant portion of Manhattan.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing and unlimited data. However, coverage may vary in certain areas like Washington Heights and Inwood.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and is widely available across Manhattan. It is a popular choice for bundling internet and TV services.

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.


Nuverse Advisor LLC Testimonial

Nuverse Advisor LLC testimonial
🤝
Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
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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Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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