156 Fifth Ave 8,000 - 48,000 SF of 4-Star Office Space Available in New York, NY 10010
HIGHLIGHTS
- 156 Fifth Avenue offers partial-floor, full-floor, and penthouse workspace in a historic office building in the heart of the Flatiron District.
- Recent improvements include modernized interiors and elevators with a new outdoor terrace and a tenant amenity and conference center in development.
- Benefit from a central Manhattan location within steps of Madison Square Park, Union Square Park, celebrated restaurants, and historic architecture.
- Experience a Class A setting at the corner of Fifth Avenue and West 20th Street with a distinctive arched entry and a high-end 24-hour attended lobby.
- Secure a place among a tenant roster that includes media and tech companies, ad agencies, law firms, showrooms, and many other professional users.
- Conveniently travel to and from the property with proximity to bus routes, Citi Bike docks, and easy access to over 10 subway lines and PATH trains.
ALL AVAILABLE SPACES(4)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SPACE USE
- CONDITION
- AVAILABLE
This is a Fifth Avenue-facing full floor offering a high-end, built, and fully furnished presence with an impressive existing installation. The layout includes six conference rooms of varying sizes, over 75 workstations, a spacious town hall area, and a café-style wet pantry, all designed for efficiency and collaboration. Exceptional natural light floods the space from four sides, with stunning views overlooking Fifth Avenue and 20th Street, creating a bright and inspiring work environment.
- Listed rate may not include certain utilities, building services and property expenses
- 5 Private Offices
- 75 Workstations
- Reception Area
- Private Restrooms
- Fifth Avenue facing full floor.
- Fully Built-Out as Standard Office
- 6 Conference Rooms
- Space is in Excellent Condition
- Kitchen
- Natural Light
- Incredible light from 4 sides.
This ultra high-end, brand-new prebuilt suite offers a fully furnished, move-in-ready opportunity in a prestigious Fifth Avenue corner location. The gut-renovated, sleek common corridor leads to a double glass door entryway, opening into a sophisticated reception area. The existing installation features one large and three medium conference rooms, two private offices, a modern and collaborative wet pantry, and a spacious open area for workstations. Incredible natural light floods the space, enhancing the elevated design and functionality. Private restrooms within the suite further add to the exclusivity and convenience of this premium office environment.
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- 4 Conference Rooms
- Reception Area
- Fully Built-Out as Standard Office
- 2 Private Offices
- Space is in Excellent Condition
- Private Restrooms
This gut-renovated suite features a sleek, modern common corridor and a recently upgraded, office-intensive layout, ideal for venture capital, private equity, and real estate firms. The existing installation includes seven private offices, one conference room, and an executive office that can serve as an additional conference room. A collaborative wet pantry and a spacious open area accommodate 15-20 workstations, while two private restrooms enhance convenience and exclusivity.
- Listed rate may not include certain utilities, building services and property expenses
- 7 Private Offices
- 20 Workstations
- Reception Area
- Private Restrooms
- Fully Built-Out as Standard Office
- 1 Conference Room
- Space is in Excellent Condition
- Kitchen
This full-floor opportunity at the top of the building boasts ceiling heights up to 30 feet and direct access to the rooftop patio. The landlord offers flexible options, either collaborating on a custom build-out or providing tenant improvement (TI) allowances.
- Listed rate may not include certain utilities, building services and property expenses
- Open Floor Plan Layout
- 1 Conference Room
- Finished Ceilings: 16 ft - 30 ft
- Balcony
- Natural Light
- Fully Built-Out as Standard Office
- 1 Private Office
- 50 Workstations
- Space is in Excellent Condition
- High Ceilings
- Open-Plan
| Space | Size | Term | Rent | Space Use | Condition | Available |
| 4th Floor, Ste E4 | 16,500 SF | Negotiable | £45.40 /SF/PA | Office | Full Build-Out | Now |
| 8th Floor, Ste 800 | 8,000 SF | Negotiable | £60.80 /SF/PA | Office | Full Build-Out | Now |
| 8th Floor, Ste 804 | 8,500 SF | Negotiable | £45.40 /SF/PA | Office | Full Build-Out | Now |
| Penthouse, Ste Entire | 15,000 SF | Negotiable | £57.72 /SF/PA | Office | Full Build-Out | Now |
4th Floor, Ste E4
| Size |
| 16,500 SF |
| Term |
| Negotiable |
| Rent |
| £45.40 /SF/PA |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
8th Floor, Ste 800
| Size |
| 8,000 SF |
| Term |
| Negotiable |
| Rent |
| £60.80 /SF/PA |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
8th Floor, Ste 804
| Size |
| 8,500 SF |
| Term |
| Negotiable |
| Rent |
| £45.40 /SF/PA |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Penthouse, Ste Entire
| Size |
| 15,000 SF |
| Term |
| Negotiable |
| Rent |
| £57.72 /SF/PA |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
PROPERTY OVERVIEW
156 Fifth Avenue at the northwest corner of Fifth Avenue and West 20th Street is one of the Flatiron District's most distinguished and historic buildings. Commanding high-end features and finishes, like the distinctive arched entryway with marble and gold leafing in the 24-hour attended lobby, showcase the property's exceptional construction. A diverse tenant mix includes showrooms, designers, ad agencies, media and tech companies, law firms, and other professional office users. Designed to accommodate all space requirements and to grow as business needs change over time, immediate move-in-ready availability includes private suites, partial floors, and entire floors. The fully renovated and built-to-spec penthouse offers luxury space with up to 30-foot ceilings, skylights, windows on all sides, and more. Two building entrances, high ceilings on every floor, newly installed LED linear lighting, and on-site property management enhance the workday experience. Large units offer private restrooms and pantries. Recent capital upgrades include modernized elevators, common areas, glass-fronted offices and conference rooms, and new LED lighting. Tenants also enjoy a new amenity and conferencing center. Also, a new outdoor terrace is being developed. Situated in one of New York City's most vibrant neighborhoods, 156 Fifth Avenue is surrounded by beautiful architecture, celebrated restaurants, and attractions. Madison Square Park, Union Square Park, and the Flatiron Building are only steps away. Proximity to the 4, 5, 6, D, F, L, N, Q, R, V, W, and PATH trains, bus routes, and Citi Bike docks provide convenient travel to and from this landmark property.
- 24 Hour Access
- Commuter Rail
- Property Manager on Site
- High Ceilings
- Natural Light
- Wooden Floors
- Air Conditioning
PROPERTY FACTS
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Muse | Japanese | - | 2 min walk |
| Spoon | - | ££ | 2 min walk |
| Andrews Coffee Shop | Coffee | ££ | 2 min walk |
| Punch Bar & Grill | American | ££ | 3 min walk |
| Le Pain Quotidien | - | - | 2 min walk |
| Eisenberg's Sandwich Shop | Deli | £ | 3 min walk |
| COTE Korean Steakhouse | American | £££ | 4 min walk |
| Juice Press | - | - | 3 min walk |
| Sweetgreen | American | £ | 4 min walk |
| Peter Mcmanus Cafe | - | - | 8 min walk |
RETAIL |
||
|---|---|---|
| Madewell | Other Retail | In Building |
| Kate Spade | Accessory | 1 min walk |
| Club Monaco | Unisex Apparel | 1 min walk |
| Heyday | Salon/Barber/Spa | 2 min walk |
| Sephora | Health & Beauty Aids | 2 min walk |
| SoulCycle | Fitness | 3 min walk |
HOTELS |
|
|---|---|
| W Hotel |
256 rooms
7 min walk
|
| SpringHill Suites |
129 rooms
9 min walk
|
| MOXY |
286 rooms
14 min walk
|
ABOUT CHELSEA
Located in Manhattan’s southwestern bank, Chelsea’s mix of tech, fashion, and art makes it one of the city’s most popular neighborhoods. The High Line, a 1.4-mile elevated linear park, stretches across the area to connect pedestrians from Hudson Yards into Chelsea’s well-known galleries and restaurants along the way.
With numerous mass-transit options located throughout, accessing the neighborhood by subway or bus is simple. Equal parts business district, nightlife destination, and residential enclave, Chelsea has enough to make everyone happy.
With Chelsea acting as a de-facto Google campus, much of the office inventory here is occupied by the tech sector. With many firms wanting to be around the other tech giants, tenant demand here remains robust. This demand has led to the development of modernized buildings that offer a host of amenities.
LEASING TEAM
LEASING TEAM
Eric Cagner, Executive Managing Director
Cagner has been involved with some of the more notable leasing transactions that have occurred throughout the Tri-State Area in recent years. On the tenant representation side, he has represented such distinguished clients as 1stdibs, AdTheorent, Avon, Cerberus Capital Management, Crossmedia, Cockroach Labs, Codecademy, DraftKings, eBay, Fluent Inc. Huntsworth Health, Intent Media, John Varvatos, Kane Kessler, PepsiCo Global, RVM Enterprises, Tube Mogul, W2O and Yume Inc., to name a few.
On the landlord side, Cagner has represented such notable clients as Mitsui Fudosan (1251 Avenue of the Americas), Fisher Brothers (299 Park Avenue), Bromley Companies (122 Fifth Avenue), HRC Corp. (156 Fifth Avenue), PGIM (180 Madison Avenue), Gorjian Realty (192 Lexington Avenue), Waterman Interests (400 Park Avenue), Somerset Partners (300 E. 42nd Street), John Hancock (100 William Street), HSR Corp. (386 Park Avenue South, 503 Broadway), Jamestown Properties (325 Hudson Street) and and Elijah Equities (520 W. 20th Street) to name a few. Cagner was also intricately involved in the successful lease-up of such assets as: 450 Park Avenue/Somerset Partners, 530 Fifth Avenue/Jamestown Properties/Rockwood Capital, 130 Fifth Avenue/Olnick Organization and 490 Broadway (Kaufman Organization).
Prior to joining Newmark, Cagner was an Associate with GVA Williams for three years, where he was the recipient of the firm’s Associate of the Year award.
Cagner was awarded the 2016 Tri-State Senior Managing Director of the Year and was selected as the recipient of the 2013 Aaron Gural Award, a distinguished honor determined by his peers. He qualified for Newmark’s Chairman Circle several times which acknowledges the Top 100 producers in the Company globally. In 2007, Cagner was selected by Real Estate New York magazine as a Rising Star Under 30 and was featured in Real Estate Weekly’s Rising Stars issue.
Dylan Weisman, Director
Weisman represents a diverse group of office space occupiers in the evaluation and execution of an intelligent real estate solution for potential lease renewals, relocations, or dispositions/subleasing of office space.
As a respected landlord representative, Weisman has been involved in transformative and high-profile leasing assignments, representing large institutional ownership groups and private family owners. Noteworthy assignments include serving as the exclusive leasing agent for 156 Fifth Avenue (234,000 square feet) and 91 Fifth Avenue (61,500 square feet) on behalf of HRC Corporation; 122 Fifth Avenue (300,000 square feet) on behalf of Bromley Companies: 400 Park Avenue (250,000 square feet) on behalf of Waterman Interests and JP Morgan Asset Management; 130 Mercer Street (102,000 square feet) on behalf of Scholastic Corporation.
Weisman’s tireless attitude is also evidenced by his commitment to a healthy and philanthropic lifestyle, having completed the NYC marathon in 2019, where he raised over $12,300 to support Success Academy’s efforts.
Leo Kone, Associate Director
As a tenant representative, Koné has represented several clients including CARE.org, Young Center for Immigrant Children’s Rights, Republic.co, Impact, Angel List, Battery Venture Capital and Pair Eyewear.
Koné has represented numerous property owners in New York City, including the Joint Venture of Trinity Church, Norges Bank and Hines on their Midtown South portfolio that consists of 205 Hudson Street, 155 Avenue of the Americas, 100 Avenue of the Americas and 1 Hudson Square. Other notable landlords that Koné has represented are Morgan Stanley, UBS, John Hancock and HRC.
Claire Koeppel, Associate
ABOUT THE OWNER
