Property Detail

261 Fifth Ave
New York, NY 10016
Submarket:  Gramercy Park  County:  Manhattan
For more information, contact:
Randall Briskin (212) 563-6557 x218
Rob Fisher (212) 609-8649
P r o p e r t y  D e s c r i p t i o n
Property Type: Office Total Space Available: 40,250 SF
Secondary Type: - Max Contig Space: 14,197 SF
Class: B Annual Rent: $55.00/SF
Building Size: 434,238 SF % Leased: 97.5%
Year Built: 1928 Typical Floor Size: 16,701 SF
Stories: 26 Elevators: 7 with 1ft
Parcel No: 0858-0078
Amenities: 24/7 Building Access, Bus Line, Metro/Subway, On Site Management, Property Manager on Site
P r o p e r t y   H i g h l i g h t s

* Renovated lobby (2000) * New elevators and common corridors (2000) * Home furnishing showroom building * 24 hour access * 24/7 HVAC 02/04: Building sold, see Comps# NYC-21557. 01/00: Koll Bren Schreiber Realty Advisors purchased the building, along with 245 Fifth Ave, for $135,000,000. Eastern Consolidated represented the buyer. The seller, Investment Property Associates, was represented by Helmsley-Spear.

A v a i l a b l e  S p a c e
FloorSpace AvailableOccupancyLease LengthUseAnnual Rent
Floor GRND 1,051 SFArrangedNegotiable ReletRetailNegotiable/Plus Electric
Floor 3 4,262 SFJuly 20132-3 yrs SubletOfficeNegotiable/Plus Electric
Floor 5 1,353 SFVacantNegotiable ReletOfficeNegotiable/Plus Electric
Floor 5 2,672 SFVacantNegotiable ReletOffice$55.00/SF/Plus Electric
Floor 9 6,541 SFArrangedNegotiable ReletOffice$55.00/SF/Plus Electric
Floor 15 2,269 SF30 DaysThru Aug 2017 SubletOfficeNegotiable/Modified Gross
Floor 15 2,460 SF30 DaysThru Aug 2017 SubletOfficeNegotiable/Modified Gross
Floor 15 3,504 SF30 DaysThru Aug 2017 SubletOfficeNegotiable/Modified Gross
Floor 17 6,668 SFVacantNegotiable ReletOffice$55.00/SF/Plus Electric
Floor 18 3,103 SFArrangedNegotiable ReletOffice$55.00/SF/Plus Electric
Floor 20 6,367 SFArrangedThru Jul 2016 SubletOfficeNegotiable/Plus Electric
M a j o r  T e n a n t s
TenantFloor(s)IndustryOccupancy
Croscill Home LLC23-26Manufacturing9%
Next Jump, Inc.8Business Services5%
Dan Klores Communications Holdings, Inc.1Business Services3%
F o r   M o r e   I n f o r m a t i o n   C o n t a c t     
Randall Briskin
Jeffrey Management
7 Penn Pl, Suite 618
New York, NY 10001
(212) 563-6557 x218 (phone)
(212) 563-6657 (fax)
Rob Fisher
Jeffrey Management
7 Penn Pl, Suite 618
New York, NY 10001
(212) 609-8649 (phone)
(212) 563-6657 (fax)
 

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