115 Fifth Avenue, New York, NY Class B Office Building

115 Fifth Avenue, New York, NY Class B Office Building

115 Fifth Avenue, Class B Office Building, 10003

Cross streets are: E 19th St and E 18th St

7 Story Class B Office Building

Standing proudly at the intersection of 5th Avenue and East 19th Street, 115 Fifth Avenue is a striking historic structure in the heart of Manhattan’s Flatiron District, within the celebrated Ladies’ Mile Historic District. Designed by renowned architect Griffith Thomas and completed between 1868 and 1869, this elegant seven-story building was originally commissioned as the flagship store for Arnold Constable & Company—one of New York’s most prestigious 19th-century dry-goods merchants.

Nicknamed “The Palace of Trade,” the building embodied opulence and innovation. Its architectural character reflects the ornate Second Empire style, highlighted by a dramatic two-story mansard roof, a stately cast-iron facade along Fifth Avenue, and a marble frontage facing Broadway. The structure quickly became a cornerstone of the Ladies’ Mile, a district famed for its fashionable department stores and elite clientele.

Founded in 1825 by Aaron Arnold, Arnold Constable & Company flourished as a purveyor of fine goods to New York’s high society. The firm expanded this building multiple times—first moving into the space in 1869, then stretching it to encompass 881–887 Broadway by 1877. Noteworthy additions include a connecting annex on East 18th Street in the 1880s and a 12-story tower added in the 1890s.

After the company relocated uptown in 1914, the building transitioned to new uses, at one point housing a branch of the New York Public Library. Over the decades, it has hosted a variety of retail tenants, including Victoria’s Secret and ABC Carpet & Home, blending historical grandeur with contemporary commerce.

2024 Flatiron District office space rent prices in Class B around: $40-65 per square foot.

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Property Details

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• Some space are fully built out with furniture
• Some space just open floors
• Total floors: 7
• Total Building Size: 349,800 SF
• Typical Floor Size: 49,971 SF
• Available space on multiple floors for lease at affordable rates
• Sizes from 16,111 SF up to 62,611 SF
• Approximate price in this building from $59.00-65.00 PSF
• Designed by renowned architect Griffith Thomas
• 6th Floor
• Year Built: 1896
• Year Renovated: 1985

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Building Amenities

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• Property Manager on Site

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Notable tenants at this location

• Crate & Barrel
• Prophet
• MultiPlan, Inc.
• Buckhurst Fish & Jacquemart
• New York City Americans for Democratic Action

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Transportation in Flatiron District

The Flatiron District area has good transportation link – because it is large subway hub in New York, the best way the workers to go there is by subway, taking the R, W or 6 trains to 23rd Street, or by the M1, M2 and M3 buses that run down Fifth Avenue from Midtown and the Upper East Side (north Fourth Avenue, Park Avenue South from the Village). The subway makes Flatiron district one of the best accessible neighborhoods in NYC with one of the most attractive office spaces for rent in Manhattan.  The area has a high stroll rating as well as is amongst one of the most convenient to take a walk in Manhattan.

Broadway Line

Sunflower yellow

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