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123 Fifth Ave 2,500 - 5,000 SF of 4-Star Retail Space Available in New York, NY 10003
Highlights
- Prime Fifth Avenue frontage in the heart of Flatiron District
- Steps from Union Square and Madison Square Park amenities
- High pedestrian traffic and strong visibility for branding
- Surrounded by luxury retail, tech firms, and creative agencies
- Excellent transit access via multiple subway and bus lines
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 2,500 SF | 5-10 Years | $76.56 /SF/YR $6.38 /SF/MO $191,400 /YR $15,950 /MO | Modified Gross | ||
| 5th Floor | 2,500 SF | 5-10 Years | $57.36 /SF/YR $4.78 /SF/MO $143,400 /YR $11,950 /MO | Modified Gross |
2nd Floor
• Prime Flatiron District full floor opportunity • ADA-compliant restrooms in place • Elevator access directly to the second floor • Tenant-controlled HVAC • Signage flag available for branding Neighbors include: Tumi, Sephora, Motek Flatiron, Equinox Flatiron, Pottery Barn, Madewell, Coqodaq, Cosme, AMC, ABC Kitchen, ABC Cocina, J. Crew, Ralph Lauren, Lululemon, Madewell
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
5th Floor
• Prime Flatiron District full floor opportunity • ADA-compliant restrooms in place • Elevator access directly to the second floor • Tenant-controlled HVAC • Signage flag available for branding • New wet pantry and skylight in place Neighbors include: Tumi, Sephora, Motek Flatiron, Equinox Flatiron, Pottery Barn, Madewell, Coqodaq, Cosme, AMC, ABC Kitchen, ABC Cocina, J. Crew, Ralph Lauren, Lululemon, Madewell
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 123 Fifth Ave, New York, NY 10003
- Tenant
- Description
- US Locations
- Reach
- Capelli D'oro Distribution-NY
- -
- 1
- Local
- Crystal Design
- -
- -
- -
- Finger Print Communications
- Wireless Communications
- 1
- -
- Friedman Roth Realty Corp
- -
- -
- -
- Hysteric Glamour Workshop
- Unisex Apparel
- 1
- Local
- Mayoral Accountability For Student Success
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Capelli D'oro Distribution-NY | - | 1 | Local |
| Crystal Design | - | - | - |
| Finger Print Communications | Wireless Communications | 1 | - |
| Friedman Roth Realty Corp | - | - | - |
| Hysteric Glamour Workshop | Unisex Apparel | 1 | Local |
| Mayoral Accountability For Student Success | - | 1 | - |
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 13,700 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,700 SF |
| Year Built | 1920 |
About the Property
123 Fifth Avenue is a premier address in Manhattan’s Flatiron District, one of New York City’s most dynamic and sought-after neighborhoods. This property combines classic architectural charm with modern functionality, making it ideal for high-end retail, boutique office, or creative workspace users. The building’s prominent Fifth Avenue frontage ensures exceptional visibility and branding opportunities, while its proximity to Union Square and Madison Square Park offers a vibrant mix of dining, shopping, and cultural attractions. The location provides unmatched connectivity, with immediate access to multiple subway lines (N, Q, R, 4, 5, 6, L) and major bus routes, ensuring seamless travel throughout Manhattan and beyond. The surrounding area is home to leading tech firms, fashion brands, and creative agencies, creating a thriving business ecosystem. With its prestigious address and strong pedestrian traffic, 123 Fifth Avenue delivers a rare opportunity for businesses seeking prominence in one of the city’s most iconic corridors.
Nearby Major Retailers
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123 Fifth Ave
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