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Rent Retail 111 E 23rd St

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Nearby Sublease office Spaces for Rent

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Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1910 $ 775
Interior office/person $ 1350 $ 1410 $ 525
Team Rooms $ 10100 $ 8660 $ 5025
Suites $ 20100 $ 12660 $ 7025

Nearby office Spaces for Rent

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Retail Spaces for Rent at 111 E 23rd St

Rent Medical Space at 111 E 23rd St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 698-700 Madison Avenue. This trend is projected to continue. Opportunities for subleases remain available at 698-700 Madison Avenue and in the nearby Kips Bay neighborhood.
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698-700 Madison Avenue nyc
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698-700 Madison Avenue Property Overview

Building Address: 111 E 23rd St, New York NY 10010
Building Alternate Address: 698-700 Madison Ave
Zip Code:10010
Neighborhood:Kips Bay
Borough:Manhattan
Stories:5
Year Built:1920
Building Class:B
Block & lot:01377-0017

111 E 23rd St, Manhattan, NYC

This multi-family home is situated in the Flatiron District of Manhattan, an area known for its iconic architecture and vibrant history. The Flatiron District is characterized by its unique triangular buildings and is a hub of culture and commerce.

Neighborhood History: The area around 111 E 23rd St has a rich history. It is part of a broader region that was once known as Ladies' Mile, which was a major shopping district during the late 19th century. The nearby 23rd Street was created under the Commissioners' Plan of 1811, which laid out the Manhattan street grid. The street hosts several notable landmarks, including the Fifth Avenue Hotel and Hotel Chelsea.

Building Context: While specific details about the history of the building at 111 E 23rd St are not readily available, it is part of a neighborhood that has seen significant development over the years. Many buildings in the area date back to the early 20th century, and some have been renovated or repurposed to suit modern needs.

111 E 23rd St, New York, NY 10010

Property Type: MultiFamily

Bedrooms: 1

Bathrooms: 1

Price: $1,167,500

Location: Flatiron District, Manhattan, NYC

Nearby Schools:

  • P.S. 40 Augustus St.-Gaudens (PK-5) - Distance: 0.4 mi
  • J.H.S. 104 Simon Baruch (6-8) - Distance: 0.4 mi
  • School Of The Future High School (6-12) - Distance: 0.1 mi

Features:

  • Stunning space and rare location
  • Off market listing
  • Built in NULL
  • Zestimate: $1,167,500

111 E 23rd St, Manhattan, NYC - Building Amenities

  • No specific building amenities listed
  • Location Highlights:

Located in the Flatiron District, close to iconic attractions, public transportation, and local amenities like parks and restaurants.


111 E 23rd St, Manhattan, NYC

This location is home to Gramercy Five Associates, a boutique consulting firm providing strategic guidance for businesses.

No specific details are available on office tenants rented or leased at this address. However, the building is situated in the vibrant Flatiron District, known for its mix of residential and commercial spaces.


Here are the top internet providers available at 111 E 23rd St, Manhattan, NYC:

Verizon Fios offers high-speed fiber internet with speeds up to 2.3 Gbps. It is highly rated for customer satisfaction and reliability.

Astound Broadband Powered by RCN provides cable and fiber services with speeds up to 1.5 Gbps. It is known for its affordable plans and unlimited data.

Spectrum is widely available with speeds up to 1 Gbps. It offers reliable internet, TV, and phone bundles with no data caps.


For transportation options near 111 E 23rd St, Manhattan, NYC, you can use the following:

Buses: BM3, BM4, M23-SBS, M34A-SBS, M9

Trains: HARLEM, PATH, PORT JEFFERSON BRANCH

Subways: 6, L, W

Ferry: NEW YORK CITY & NEW JERSEY

Cross Streets: Avenue C, FDR Drive (1 min walk), 1st Avenue (5 min walk)


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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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Commercial space for lease
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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