Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Office building with commercial space · Flatiron, Manhattan
137 Fifth Avenue
New York, NY 10010
137 Fifth Avenue is a 12-floor office building with commercial space in Flatiron, Manhattan, built in 1902, with about 36,000 square feet of office space according to city records.
- Office space
- 36K SF
- Floors
- 12
- Year built
- 1902
- Zoning
- C6-4M
The 90th largest of the 90 office buildings we track in Flatiron. Compare it with 6 neighbors
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Compared with its neighbors
How 137 Fifth Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 137 Fifth Avenue is the smallest by office floor area. It went up in 1902; the median neighbor dates from 1900. Its estimated property tax, about $10.76 a square foot of floor area before abatements, is below the neighbors' median of $18.31.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 137 Fifth Avenue | 36K SF | 12 | 1902 | $10.76 |
| Broadway Building, 915 Broadway | 197K SF | 20 | 1926 | $16.45 |
| Bradish Johnson Building, 149 Fifth Avenue | 166K SF | 16 | 1918 | $17.65 |
| Mohawk Building, 160 Fifth Avenue | 91K SF | 9 | 1892 | $13.68 |
| Presbyterian Building, 154 Fifth Avenue | 169K SF | 14 | 1895 | $18.96 |
| 895 Broadway | 50K SF | 5 | 1869 | $34.04 |
| 119 Fifth Avenue | 50K SF | 8 | 1906 | $24.67 |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- ZIP code
- 10010
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 38,650 SF
- Commercial floor area
- 38,650 SF
- Office
- 35,650 SF
- Retail
- 3,000 SF
- Height
- 12 floors
- Average floor
- About 3,200 SF (floor area divided by floors)
- Year built
- 1902
- Last major alteration
- 1989
- Lot area
- 3,265 SF
- Zoning district
- C6-4M
- Built FAR
- 11.84
- Max commercial FAR
- 10
- Historic district
- Ladies' Mile Historic District
- Tax lot (BBL)
- 1008490002
Nearest subway
- 23 St
- 23 St-Baruch College
- 23 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 137 Fifth Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across Flatiron
- 13.5%
- Share vacant along Fifth Avenue
- 12.6%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Flatiron? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-08. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists CHELSEA PARK CORPORATION as the owner of record. For tax year 2026/27 the city values 137 Fifth Avenue at $9.09 million and assesses it at $4.09 million. After phase-ins and exemptions its taxable value is $3.83 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $415,785 a year before abatements, roughly $10.76 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- CHELSEA PARK CORPORATION
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $9,086,000
- Land market value
- $2,140,000
- Assessed value
- $4,088,700
- Taxable value (phased in)
- $3,832,830
- Estimated yearly tax
- About $415,785
- Tax per SF of floor area
- About $10.76
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-08; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 137 Fifth Avenue? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
137 Fifth Avenue reported an ENERGY STAR score of 71 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 62.3 kBtu per square foot, 26% below the national median of 84.4 for a similar property. Its greenhouse gas emissions were about 218 metric tons of CO2e (5.46 kg per square foot).
- ENERGY STAR score (2024)
- 71 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 62.3 kBtu/SF
- National median for the type
- 84.4 kBtu/SF
- Greenhouse gas emissions
- 218 t CO2e
- Emissions per SF
- 5.46 kg CO2e
- Floor area in the filing
- 40,003 SF
ENERGY STAR score by year
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-08; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 137 Fifth Avenue comes to about 189 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 303 tons for 2024 to 2029 (62% of the limit), so it would owe no penalty. From 2030 the limit drops to 108 tons and the same energy use counts as about 148 tons, about 41 tons over, or an estimated $11,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 303 t CO2e
- Estimated emissions
- 189 t CO2e
- Under the limit by
- 114 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 108 t CO2e
- Estimated emissions
- 148 t CO2e
- Over the limit by
- 41 t CO2e
- Estimated penalty a year
- $11,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 40,003 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
Own or manage 137 Fifth Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 137 Fifth Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the basement). The newest build-out, on floor 1, the basement and the open space, was first permitted in September 2026 (mechanical; filed cost estimate $144,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1, basement
Recent build-outs
New jobs by year
Build-outs across FlatironWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Landmarks Preservation Commission records
Architecture and history
137 Fifth Avenue was designed by Robert Maynicke and built in 1902 in the neo-Renaissance style. It stands in the Ladies' Mile Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.
- Architect
- Robert Maynicke
- Constructed
- 1902
- Style
- neo-Renaissance
- Primary material
- Limestone
- Built as
- Store and lofts
Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-08. A designation can cover part of a lot, such as a facade or a lobby interior.
Office space nearby in Flatiron
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for office space in Flatiron yet. These labeled examples show what tenants post. List a space in 137 Fifth Avenue and we match it against every new one automatically.
Want · Office
Startup seeking furnished sublease
Posted by the tenant · Software
- Where
- Flatiron, Midtown South +1
- Size
- 6,000 to 11,000 SF
- Budget
- to $60/SF
- Move in
- Nov 2026
Furnished
Owners: got a fit?I have a fit
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Questions about 137 Fifth Avenue
How big is 137 Fifth Avenue?
137 Fifth Avenue has about 39,000 square feet of floor area in total, including 36,000 square feet of office and 3,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 137 Fifth Avenue built?
The Landmarks Preservation Commission's building records date 137 Fifth Avenue to 1902, designed by Robert Maynicke. The building is 12 floors tall.
Who designed 137 Fifth Avenue?
Robert Maynicke, according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance and its original use as store and lofts.
What is the ZIP code of 137 Fifth Avenue?
137 Fifth Avenue is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 137 Fifth Avenue, New York, NY 10010, in Flatiron.
What is the zoning at 137 Fifth Avenue?
The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 11.84 and a maximum commercial FAR of 10 for this lot. It is inside the Ladies' Mile Historic District, so exterior changes go through the Landmarks Preservation Commission.
What subway station is closest to 137 Fifth Avenue?
The closest subway station to 137 Fifth Avenue is 23 St (the R and W trains), about 650 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 23 St-Baruch College (the 6 train), 4 min walk; 23 St (the F and M trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 137 Fifth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CHELSEA PARK CORPORATION as the owner of record of 137 Fifth Avenue (BBL 1008490002). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 137 Fifth Avenue?
137 Fifth Avenue reported an ENERGY STAR score of 71 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 71 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 62.3 kBtu per square foot, 26% below the national median of 84.4 for a similar property. Its greenhouse gas emissions were about 218 metric tons of CO2e (5.46 kg per square foot).
Does 137 Fifth Avenue meet Local Law 97?
At its 2024 energy use, 137 Fifth Avenue comes to about 189 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 303 tons for 2024 to 2029 (62% of the limit), so it would owe no penalty. From 2030 the limit drops to 108 tons and the same energy use counts as about 148 tons, about 41 tons over, or an estimated $11,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at 137 Fifth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 137 Fifth Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the basement). The newest build-out, on floor 1, the basement and the open space, was first permitted in September 2026 (mechanical; filed cost estimate $144,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008490002. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 137 Fifth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.83 million for 137 Fifth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $415,785 a year, roughly $10.76 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008490002 show the actual bill.
What is the assessed value of 137 Fifth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 137 Fifth Avenue at $9.09 million ($2.14 million of it land) and its assessed value at $4.09 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 17% from 2022/23 ($7.76 million) to 2026/27.
Are there vacant storefronts at 137 Fifth Avenue?
Owners registered one storefront at 137 Fifth Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 137 Fifth Avenue?
No space at 137 Fifth Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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Flatiron
Transit hubs in Flatiron
- R W at 23 St
- 4 5 6 L N Q R W at 14 St-Union Sq
- F M at 23 St