Commercial Space for Lease – 71 Fifth Avenue, New York, NY 10003
Asking Rent: $90,000 / month
Size: 15,227 SF
Price per SF: ~$71 / SF annually
Property Type: Retail / Commercial
Status: Active
Property Overview
71 Fifth Avenue offers a rare large-block commercial space in the Flatiron/Union Square corridor. With 15,227 SF of flexible space, this property is ideal for flagship retail, creative office, showroom, or institutional use. The building’s prime location along one of Manhattan’s most recognized avenues ensures visibility and long-term value for tenants.
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Key Features
- Total Space: 15,227 SF
- Frontage: Prominent exposure on Fifth Avenue
- Ceiling Heights: High ceilings suitable for modern retail/showroom configurations
- Layout: Large open floorplate adaptable for a range of uses
- Condition: Ready for tenant fit-out/customization
Market Profile
- Target Tenants: Fashion brands, flagship retailers, wellness/fitness operators, showrooms, or institutional/educational users.
- Competitive Advantage: One of the largest available spaces in the Flatiron area, combining location, size, and prestige.
Location Advantages
- Neighborhood: Flatiron District / Union Square / Greenwich Village edge
- Nearby Landmarks: Union Square Park, The New School, Fifth Avenue retail corridor, and Washington Square Park.
- Transit Access: Close to Union Square transit hub (N/Q/R/W, 4/5/6, and L trains).
Summary
At $90,000/month, 71 Fifth Avenue provides 15,227 SF of highly visible and versatile commercial space. Its Fifth Avenue frontage and location within one of Manhattan’s most dynamic districts make it an attractive opportunity for major retailers, showrooms, or institutions seeking a flagship presence.
