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551 Fifth Ave
New York, NY 10176 Midtown East

Rate Upon Request

Office For Lease  •  2,389+ 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

10 Spaces Available

Name Space Use Size Rent Details
5th Floor Ste 512 Office 4,973 SF Rate Upon Request
Demolishing and combining several units on the 5th floor to create a brand new, prebuild using high-end building standard finishes. Expected completion of 11/1/2025. Please reach out for more information on pricing and details.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
10th Floor Ste 1002 Office 7,875 SF Rate Upon Request
Prebuilding per the attached test-fit in 2025. Please reach out for pricing and information - opportunity to build fully to suit before construction commences.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
10th Floor Ste 1003 Office 3,098 SF Rate Upon Request
Raw space. Ownership will provide a NBI for term. Please reach out for pricing and building standard finishes.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
11st Floor Ste 1125 Office 3,207 SF Rate Upon Request
Second generation space in good condition. Ownership will upgrade cosmetically or demolish and build to suit.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
14th Floor Ste 1425 Office 3,236 SF Rate Upon Request
Built, second gen. Will upgrade for term.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Relet
20th Floor Ste 2000 Office 4,222 SF Rate Upon Request
Built, second generation space in good condition. Built with 4 offices / meeting rooms, and 1 conference room. Ownership will modify and upgrade for term. Will consider "as-is" for less term. Good natural light.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Relet
20th Floor Ste 2030 Office 4,609 SF Rate Upon Request
Built, second generation space in good condition. Built with 5 offices / meeting rooms, 1 conference room, and open area for 12 workstations. Ownership will modify and upgrade for term. Will consider "as-is" for less term. Good natural light.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Relet
20th Floor Ste 2040 Office 2,389 SF Rate Upon Request
Ownership will provide a NBI for term.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Relet
25th Floor Ste 2500 Office 4,890 SF Rate Upon Request
2nd generation pre-built with good light unobstructed views of the Empire State Building. Ownership will upgrade / modify for term.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
28th Floor Ste Office 6,839 SF Rate Upon Request
Built, second gen full floor. Strong light + views. Potential to activate a large terrace for term. Ownership will modify / upgrade.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Relet

Description

The Fred F. French Building at 551 Fifth Avenue is an iconic Art Deco tower in the heart of New York City. The Class A property was constructed in 1927, containing 430,165 square feet across 38 stories and was designated as a New York City landmark building in 1986. Bronze entrances and storefronts decorated with mythological figures of many cultures are found at the base of this prestigious property. This Middle Eastern motif continues into the spectacular and carefully preserved lobby with vaulted ceilings and bronze interior finishes. 
 
Fully renovated, the building offers ground floor retail space and entire and divisible office floors. The Fred F. French Building boasts an additional entrance on E 45th Street and sweeping panoramic views of Midtown Manhattan. Join a prestigious tenant roster that includes Morton’s The Steakhouse, Zamir Equities, Tommy Bahama, Inter Parfums, Inc., and Jonathan Rose Companies.
 
The Fred F. French Building sits within steps of acclaimed restaurants, exclusive retail stores, five-star hotels, and Grand Central Terminal. With recent property upgrades and a prime location near convenient public transportation, take advantage of this opportunity to join the city's elite at this world-class destination.

Highlights

Iconic Art Deco tower in the heart of Midtown Manhattan rising 38 stories and designated as a New York City landmark building.
Property features include a renovated lobby with bronze finishes, a brand-new conference amenity, and panoramic city views.
Prestigious building tenants include Zamir Equities, Morton’s The Steakhouse, Jonathan Rose Companies, and more.
Situated within steps of Grand Central Terminal, surrounded by high-end retail, fine dining, and world-class hotels.

Property Flyers

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
Inter Parfums, Inc 17,342 SF 4/30/2024
Jonathan Rose Companies 9,599 SF
Morton's The Steakhouse 12,914 SF 10/23/2013
Pace University Midtown 16,929 SF 9/30/2022
Sadis & Goldberg LLP 9,599 SF 8/31/2024
Schoeman, Updike, Kaufman, & Gerber LLP 13,054 SF 12/2/2022
Tapad Inc 20,955 SF
Tommy Bahama 15,000 SF
Value Line 20,000 SF 3/31/2027

Public Transportation

Commuter RailDriveWalkDistance
Grand Central (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road) 2 min 4 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)) 0 min 3 min 0.2 mi
Grand Central-42 St (42 St Shuttle - MTA New York City Transit) 1 min 4 min 0.2 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)) 0 min 6 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)) 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
AirportDriveWalkDistance
LaGuardia 17 min - 8.0 mi
Newark Liberty International 20 min - 14.5 mi
John F Kennedy International 26 min - 17.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kevin Driscoll 212-563-6557 The Feil Organization
Kevin Driscoll 212-563-6557 The Feil Organization