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 · Midtown South, Manhattan
258 Fifth Avenue
New York, NY 10001
258 Fifth Avenue is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1900, with about 55,000 square feet of office space according to city records.
Also at 258-260 Fifth Avenue.
- Office space
- 55K SF
- Floors
- 12
- Year built
- 1900
- Zoning
- C5-2
The 140th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 258 Fifth Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 258 Fifth Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 258 Fifth Avenue ranks 5th of 7 by office floor area. Built in 1900, it is the oldest of them. Its estimated property tax, about $11.01 a square foot of floor area before abatements, is below the neighbors' median of $13.92.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 258 Fifth Avenue | 55K SF | 12 | 1900 | $11.01 | May 2021, $52.5M |
| 259 Fifth Avenue | 427K SF | 25 | 1929 | $12.77 | Jul 2005, $180M |
| 267 Fifth Avenue | 50K SF | 11 | 1915 | $14.57 | n/a |
| 276 Fifth Avenue | 119K SF | 11 | 1920 | $19.09 | Apr 2025, $62M |
| 3 East 28th Street | 54K SF | 12 | 1912 | $13.27 | n/a |
| 243 Fifth Avenue | 248K SF | 24 | 1927 | $19.51 | Apr 2011, $162M |
| 236 Fifth Avenue | 59K SF | 11 | 1907 | $12.74 | n/a |
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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 258-260 Fifth Avenue
- ZIP code
- 10001
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 59,870 SF
- Commercial floor area
- 59,870 SF
- Office
- 55,370 SF
- Retail
- 4,500 SF
- Height
- 12 floors
- Average floor
- About 5,000 SF (floor area divided by floors)
- Year built
- 1900
- Lot area
- 5,077 SF
- Zoning district
- C5-2
- Built FAR
- 11.79
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008300042
Nearest subway
- 28 St
- 28 St
- 33 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 258 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 Midtown South
- 12.7%
- Share vacant along Fifth Avenue
- 12.6%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Midtown South? 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 2026-10-02. 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 260 FIFTH AVENUE LLC as the owner of record. For tax year 2026/27 the city values 258 Fifth Avenue at $14.7 million and assesses it at $6.62 million. After phase-ins and exemptions its taxable value is $6.08 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 $659,426 a year before abatements, roughly $11.01 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
- 260 FIFTH AVENUE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $14,712,000
- Land market value
- $4,900,000
- Assessed value
- $6,620,400
- Taxable value (phased in)
- $6,078,780
- Estimated yearly tax
- About $659,426
- Tax per SF of floor area
- About $11.01
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 2026-10-02; 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.
NYC property records (ACRIS)
Sales history
258 Fifth Avenue last sold in May 2021 for $52.5 million, according to the deed recorded with the city. FIVE POINTS 260 OWNER LLC sold it to 260 FIFTH AVENUE LLC. That comes to about $877 per square foot of floor area.
- Last sale (deed date)
- May 7, 2021
- Price
- $52,500,000
- Price per SF of floor area
- About $877
- Seller
- FIVE POINTS 260 OWNER LLC
- Buyer
- 260 FIFTH AVENUE LLC
- Deed recorded
- May 26, 2021
- ACRIS document
- 2021051800924005
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 258 Fifth Avenue. In the last two years, interior work was permitted on 12 floors (floors 1 to 12). The newest build-out, on floors 1 to 12 and the roof, was first permitted in February 2026 (construction, structural; filed cost estimate $209,000). A sidewalk shed permit here is active until December 1, 2026.
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 5
- Newest job first permitted
- March 2026
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1 to 12
- Facade and sidewalk jobs, last 24 months
- 2
- Sidewalk shed permit
- Active until Dec 1, 2026
Recent build-outs
New jobs by year
Build-outs across Midtown SouthWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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.
Office space nearby in Midtown South
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 Midtown South yet. These labeled examples show what tenants post. List a space in 258 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
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
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Questions about 258 Fifth Avenue
How big is 258 Fifth Avenue?
258 Fifth Avenue has about 60,000 square feet of floor area in total, including 55,000 square feet of office and 5,000 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 258 Fifth Avenue built?
City records list 1900 as the year built. The building is 12 floors tall.
What other addresses does 258 Fifth Avenue have?
City records list 258-260 Fifth Avenue on the same tax lot (BBL 1008300042) as 258 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 258 Fifth Avenue?
258 Fifth Avenue is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 258 Fifth Avenue, New York, NY 10001, in Midtown South.
What is the zoning at 258 Fifth Avenue?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.79 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 258 Fifth Avenue?
The closest subway station to 258 Fifth Avenue is 28 St (the R and W trains), about 400 feet away in a straight line, roughly 1 minute on foot. Also nearby: 28 St (the 6 train), 4 min walk; 33 St (the 6 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 258 Fifth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 260 FIFTH AVENUE LLC as the owner of record of 258 Fifth Avenue (BBL 1008300042). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 258 Fifth Avenue last sold?
258 Fifth Avenue last sold in May 2021 for $52.5 million, according to the deed recorded with the city. FIVE POINTS 260 OWNER LLC sold it to 260 FIFTH AVENUE LLC. That comes to about $877 per square foot of floor area. The deed is ACRIS document 2021051800924005 (BBL 1008300042) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
Is there construction at 258 Fifth Avenue?
In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 258 Fifth Avenue. In the last two years, interior work was permitted on 12 floors (floors 1 to 12). The newest build-out, on floors 1 to 12 and the roof, was first permitted in February 2026 (construction, structural; filed cost estimate $209,000). A sidewalk shed permit here is active until December 1, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008300042. 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 258 Fifth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.08 million for 258 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 $659,426 a year, roughly $11.01 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008300042 show the actual bill.
What is the assessed value of 258 Fifth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 258 Fifth Avenue at $14.7 million ($4.9 million of it land) and its assessed value at $6.62 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 31% from 2022/23 ($11.3 million) to 2026/27.
Are there vacant storefronts at 258 Fifth Avenue?
Owners registered one storefront at 258 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 258 Fifth Avenue?
No space at 258 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.
1,677 buildings from city records
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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St