101 Fifth Avenue

Located in the Gramercy Park area of Manhattan is 101 Fifth Avenue, a Class B-rated office building that spans 11 stories and offers 75,520 square feet of office space. Although currently leased by LivingSocial, there is potential for subletting as well as renting offices of various sizes, ranging from small to large. While there are currently no coworking options available, we are able to negotiate favorable deals for this kind of workspace. The building is situated in the zip code 10003, and the average rental rate for offices was $75 per square foot in 2019. This increased to $77.75 per square foot in 2020, reflecting the trends in the market. The location is highly convenient, with multiple subway lines such as 4, 5, 6, L, N, Q, and R, easily accessible from the nearby 14th Street-Union Square, 14th Street, 23rd Street, and 6th Avenue subway stations, all within a 5 to 8-minute walk.