The building, completed in 1907 and rising 11 stories with 44 commercial units, is a well-established commercial property located in one of Manhattan’s busiest districts . The property offers a flexible footprint suitable for a professional service provider, boutique operator, or small team in need of a convenient Midtown workspace with excellent branding potential .
Key Features
- Asking Rent: $3,000 / month
- Available Space: 250 SF
- Property Type: Office / Commercial Space
- Lease Type: Direct Lease
- Building Class: Office Building (O6 – Office with Comm, 7 to 19 Stories)
- Year Built: 1907
- Stories: 11 Stories; 44 Commercial Units
- Total Building Sq Ft: 56,000 SF
- Layout: Efficient, open footprint suitable for a small professional practice or boutique office
- Condition: Well-maintained; available for tenant fit-out and branding
- Location: Prestigious Fifth Avenue frontage with excellent visibility and walking proximity to major transit and landmarks
- Neighborhood Highlights: Located in NoMad at the center of Koreatown, steps from Herald Square, Penn Station, Madison Square Park, and the Empire State Building
Neighborhood Highlights
Located on iconic Fifth Avenue, this property positions your business at the vibrant intersection of NoMad and Koreatown, one of Manhattan’s most exciting and heavily trafficked commercial districts . The area benefits from a daily influx of thousands of office workers, residents, tourists, and food enthusiasts drawn to Koreatown’s renowned restaurants and shops .
The building is moments away from premier New York City landmarks, including the Empire State Building, Herald Square, and Madison Square Park, offering strong walkability and high visibility for any business . The neighborhood boasts a Walk Score of 100, indicating a “Walker’s Paradise,” with a Transit Score of 100, denoting a “Rider’s Paradise” .
Transportation is exceptionally well-served, with the 33rd Street station (6 train) and Herald Square station (B, D, F, M, N, Q, R, W trains) all within easy walking distance . Penn Station and Grand Central Terminal are also nearby, providing seamless connectivity across Manhattan, the boroughs, and the entire New York metropolitan area.
Summary
The 250 SF office or commercial space at 315 Fifth Avenue, New York, NY 10016, is available for $3,000 per month under a direct lease. With its prime NoMad-Koreatown address, compact and efficient layout, and accessible price point for a Fifth Avenue location, this property represents a compelling opportunity for professionals and small businesses seeking a prestigious and centrally located workspace in one of Manhattan’s most vibrant neighborhoods.
