Office

Prime Retail / Showroom Space for Lease – 245 Fifth Avenue, New York, NY 10016

Asking Rent: $20,000 per month
Available Space: 3,481 Sq. Ft.
Property Type: Retail / Showroom
Availability: Immediate

Property Overview

245 Fifth Avenue presents a high-profile 3,481 sq. ft. retail/showroom space in the heart of Midtown South. With premium Fifth Avenue frontage, soaring ceilings, and an adaptable layout, this location is ideal for luxury retail, flagship showrooms, or experiential brand concepts. Positioned along one of Manhattan’s busiest retail corridors, the property offers exceptional visibility and direct access to a diverse customer base.

Key Features

• Size: 3,481 sq. ft.
• Asking Rent: $20,000/month
• Frontage: Prime Fifth Avenue exposure with heavy pedestrian and vehicular traffic
• Interior: Flexible open plan ideal for retail, gallery, or showroom use
• Ceilings: High ceilings offering dramatic presence and build-out opportunities
• Utilities: Standard commercial infrastructure
• Potential Uses: Flagship retail, fashion showroom, specialty concept, luxury goods, or gallery

Building Information

• Address: 245 Fifth Avenue, New York, NY 10016
• Neighborhood: NoMad / Midtown South
• Type: Mixed-use commercial building with strong retail base
• Accessibility: Excellent connectivity via nearby subway lines (N, R, W, 6), Penn Station, and Madison Square Park

Neighborhood & Accessibility

Located on Fifth Avenue in NoMad, 245 Fifth Avenue benefits from constant foot traffic and a thriving mix of hospitality, luxury residential, and creative office tenants. The area is home to top restaurants, boutique hotels, and cultural attractions, making it one of Manhattan’s most in-demand districts for retail and lifestyle brands.

Summary

This 3,481 sq. ft. prime retail/showroom space at 245 Fifth Avenue offers an unmatched opportunity for businesses seeking prestige, visibility, and scale in one of Manhattan’s most dynamic neighborhoods. With its high ceilings, premium frontage, and location in the bustling Midtown South/NoMad corridor, it is perfectly suited for flagship retail and luxury brand presence.