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551 Fifth Ave
New York, NY 10176 Midtown East

Rate Upon Request

Office For Lease  •  10,305 SF

Property Details

  • Property Type Office
  • Year Built 1927
  • Total Building Size 430,156 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C5-3
100 Transit Score
97 Walk Score

1 Space Available

Name Space Use Size Rent Details
5th Floor Ste Office 10,305 SF Rate Upon Request 
o	Heavily discounted plug and play sublease opportunity 
o	Existing installation features glass office fronts, dropped ceiling and carpet throughout
o	19 perimeter offices, 1 conference room, 1 large team rom (divisible to make 2 conference rooms), 1 meeting room, open area with workstations, reception with waiting area and pantry with eat-in cafe
o	Fifth Avenue and 45th Street exposures  
o	Furniture may be made available 
o	Direct elevator presence

  • Date available: 30 Days
  • Lease term: None
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Sublet

Description 

Located at the prestigious intersection of Fifth Avenue and East 45th Street, this fully built and furnished sublease opportunity at 551 Fifth Avenue offers a rare chance to occupy a high-end office suite in the heart of Midtown Manhattan. The partial fifth-floor space spans 10,305 RSF and is available for possession in Q3 2025, with a lease term extending through June 2028.

Designed for plug-and-play efficiency, the suite features 19 perimeter offices, a large team room that can be reconfigured into two conference rooms, a dedicated meeting room, and an open seating area with 32 workstations. The layout also includes a welcoming reception area and a pantry with café-style seating, ideal for informal gatherings and employee comfort. Direct elevator presence enhances accessibility and privacy, while dual exposures to Fifth Avenue and 45th Street provide abundant natural light and prestigious visibility.

Situated steps from Bryant Park and Grand Central Terminal, the location offers seamless transit access and proximity to world-class dining, retail, and cultural institutions. This sublease is ideal for firms seeking a turnkey solution in a prime Midtown corridor, with minimal downtime and maximum impact.

Highlights

Fully built and furnished with direct elevator presence
19 perimeter offices and flexible team room configuration
Fifth Avenue and 45th Street exposures with natural light
Pantry with café-style seating and welcoming reception
Steps from Grand Central Terminal and Bryant Park

Amenities

  • 24 Hour Access
  • Bus Line
  • Metro/Subway
  • Property Manager on Site
  • Restaurant
  • Car Charging Station
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Bond Civil & Utility Construction 7/1/2031
Eaglestone LLC 1/1/2034
Empirical Research Partners 3/5/2028
Inter Parfums, Inc
Jonathan Rose Companies 10/1/2035
Morton's, The Steakhouse
Sadis & Goldberg LLP 8/31/2024
Schoeman Updike Kaufman & Gerber Llp 9/26/2031
Tommy Bahama
Value Line 3/31/2027

Public Transportation

Commuter RailDriveWalkDistance
2 min 5 min 0.3 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 5 min 0.3 mi
Transit/SubwayDriveWalkDistance
5 Avenue-Bryant Park (7 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 5 min 0.3 mi
47-50 Streets-Rockefeller Center (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
42 Street-Bryant Park (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
Grand Central-42 Street (4 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
LaGuardia 17 min - 8.0 mi
Newark Liberty International 21 min - 14.5 mi
John F Kennedy International 27 min - 17.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Aidan Campbell 917-238-2824 Colliers
Aidan Campbell 917-238-2824 Colliers