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1345 Avenue Of The Americas

Plaza District

New York, NY 10105

  • 10,514 - 84,518 sqft
  • inquire for pricing

Building Details

  • Floors32
  • Walk Scoreยฎ98
  • Year Built1974
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  • Availability

    UnitSizePriceInquire
    E 32nd Floor Unit C10,514 sqftInquire for pricing
    Partial 17th Floor11,101 sqftInquire for pricing
    E 32nd Floor Unit A13,043 sqftInquire for pricing
    Partial 15th Floor13,633 sqftInquire for pricing
    E 32nd Floor Unit B17,447 sqftInquire for pricing
    Partial 15th Floor20,579 sqftInquire for pricing
    Office Space41,449 sqftInquire for pricing
    27th & 28th floor84,518 sqftInquire for pricing
    27th Floor84,518 sqftInquire for pricing
    • 0.04 mi๐ŸบWhiskey Trader
    • 0.04 mi๐Ÿฅ˜Bistro Milano
    • 0.05 mi๐ŸบCassidyโ€™s
    • 0.06 mi๐Ÿฅ˜Benoit
    • 0.06 mi๐ŸบConnolly's
    • 0.06 mi๐Ÿฅ˜Il Corso
    • 0.07 mi๐Ÿฅ˜Menkui Teu
    • 0.07 mi๐Ÿฅ˜Beyond Sushi
    • 0.07 miโ˜•๏ธStarbucks
    • 0.07 miโ˜•๏ธJamba Juice
    • 0.07 miโ˜•๏ธStarbucks
    • 0.08 mi๐Ÿฅ˜La Bonne Soupe
    • 0.08 mi๐Ÿฅ˜Mozzarella & Vino
    • 0.08 mi๐Ÿฅ˜Le Parker Meridien Burger
    • 0.09 mi๐Ÿฅ˜Five Guys
    • 0.11 mi๐Ÿฅ˜Rue 57
    • 0.11 mi๐Ÿš‡F57th Street
    • 0.12 mi๐Ÿฅ˜Mangia
    • 0.12 mi๐Ÿฅ˜Fogo de chao
    • 0.12 mi๐Ÿฅ˜Joe's Shanghai
    • 0.13 mi๐Ÿฅ˜Wayfarer
    • 0.13 mi๐Ÿฅ˜Betony
    • 0.14 mi๐Ÿฅ˜The Modern - The Bar Room
    • 0.14 mi๐Ÿš—Icon
    • 0.14 mi๐ŸบOld Castle
    • 0.15 miโ˜•๏ธBlue Dog
    • 0.15 miโ˜•๏ธStarbucks
    • 0.16 mi๐Ÿฅ˜Russian Tea Room
    • 0.16 mi๐Ÿฅ˜Park Cafe
    • 0.16 miโ˜•๏ธCafรฉ Metro
    • 0.16 mi๐Ÿš—Champion
    • 0.16 mi๐ŸบThe Irish Pub
    • 0.17 mi๐Ÿบ21 Club
    • 0.18 mi๐Ÿฅ˜Carnegie Deli
    • 0.18 miโ˜•๏ธStarbucks
    • 0.18 miโ˜•๏ธFIKA 58th Street
    • 0.19 mi๐Ÿฅ˜Teresa's
    • 0.19 mi๐Ÿš‡BDE7th Avenue
    • 0.19 mi๐Ÿฅ˜Ted's Montana Grill
    • 0.2 mi๐Ÿฅ˜Capital Grille at Time-Life
    • 0.2 mi๐Ÿฅ˜Redeye Grill
    • 0.2 mi๐Ÿฅ˜RED 58
    • 0.2 mi๐Ÿš‡EM53rd Street-5th Avenue
    • 0.2 mi๐Ÿš‡NQRW57th Street-7th Avenue
    • 0.21 mi๐Ÿฅ˜Lili's 57
    • 0.21 miโ˜•๏ธCafe Metro
    • 0.21 mi๐Ÿฅ˜Le Bernardin
    • 0.22 miโ˜•๏ธEuropa Cafe
    • 0.22 mi๐ŸบRosie O'Grady's Saloon
    • 0.22 miโ˜•๏ธStarbucks
    • 0.22 mi๐Ÿฅ˜Del Frisco's
    • 0.23 mi๐Ÿฅ˜Petrossian
    • 0.24 mi๐Ÿฅ˜Brooklyn Diner
    • 0.24 mi๐Ÿฅ˜Cognac
    • 0.24 mi๐Ÿฅ˜Hooters
    • 0.24 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.25 mi๐Ÿš—Alpha Garage
    • 0.25 miโ˜•๏ธLe Pain Quotidien
    • 0.25 mi๐Ÿฅ˜Le Pain Quotidien
    • 0.25 mi๐Ÿฅ˜Brasserie Ruhlman
    • 0.25 mi๐Ÿฅ˜Burger Heaven
    • 0.26 miโ˜•๏ธStarbucks Coffee
    • 0.27 miโ˜•๏ธStarbucks
    • 0.27 mi๐Ÿฅ˜TGI Fridays
    • 0.28 mi๐ŸบMcGee's Pub & Restaurant
    • 0.28 mi๐Ÿฅ˜Ellen's Stardust Dinner
    • 0.29 mi๐ŸบCharacters NYC Bar & Lounge
    • 0.29 mi๐Ÿฅ˜Gallaghers Steakhouse
    • 0.29 mi๐Ÿฅ˜Sushiden
    • 0.29 mi๐Ÿš‡BDFM47th-50th Streets - Rockefeller Center
    • 0.3 mi๐Ÿฅ˜Nanking
    • 0.3 mi๐Ÿฅ˜Del Frisco's
    • 0.3 mi๐Ÿฅ˜Applebee's
    • 0.3 mi๐Ÿฅ˜Yakitori Totto
    • 0.31 mi๐Ÿฅ˜East Japanese Restaurant
    • 0.31 mi๐Ÿฅ˜Harry Cipriani
    • 0.31 mi๐Ÿฅ˜Vizio
    • 0.32 miโ˜•๏ธStarbucks Coffee
    • 0.32 mi๐Ÿฅ˜Nocello
    • 0.32 mi๐Ÿฅ˜Iroha
    • 0.32 mi๐Ÿฅ˜Bill's Bar & Burger
    • 0.32 mi๐Ÿš‡150th Street
    • 0.32 mi๐Ÿš‡NRW49th Street
    • 0.32 mi๐ŸบCaroline's on Broadway
    • 0.32 mi๐Ÿš‡NRW5th Avenue โ€“ 59th Street
    • 0.33 mi๐Ÿฅ˜Thai Chai Kitchen
    • 0.33 mi๐Ÿฅ˜Matts Grill
    • 0.33 mi๐Ÿฅ˜Luigi's Pizza
    • 0.33 mi๐ŸบBill's Gay Nineties
    • 0.33 mi๐Ÿฅ˜ivy
    • 0.34 mi๐ŸบRussian Samovar Piano Bar & Restaurant
    • 0.34 miโ˜•๏ธArgo Tea
    • 0.34 mi๐Ÿฅ˜Roast Chicken
    • 0.34 miโ˜•๏ธStarbucks
    • 0.34 mi๐Ÿฅ˜The Playwright
    • 0.34 mi๐ŸบRussian Vodka Room
    • 0.35 mi๐Ÿฅ˜Cosmic Diner
    • 0.35 miโ˜•๏ธGrom Gelato
    • 0.35 mi๐Ÿฅ˜Aquavit
    • 0.35 miโ˜•๏ธMaison Kayser
    • 0.35 mi๐Ÿฅ˜Friday's
    • 0.35 mi๐ŸบMcHale's Pub
    • 0.36 miโ˜•๏ธKelloggยดs Cafe
    • 0.36 mi๐Ÿฅ˜Natsumi
    • 0.37 miโ˜•๏ธPret A Manger
    • 0.38 mi๐Ÿฅ˜Sushiden
    • 0.39 mi๐Ÿš—Quik Park
    • 0.39 mi๐ŸบP.J. Moran's
    • 0.39 mi๐Ÿฅ˜Sosa Borella
    • 0.4 mi๐Ÿฅ˜Tender
    • 0.4 miโ˜•๏ธToasties
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    • 0.4 miโ˜•๏ธStarbucks Coffee
    • 0.4 mi๐ŸบHaven Rooftop Bar
    • 0.4 miโ˜•๏ธCafe K
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    • 0.41 mi๐Ÿฅ˜Maloney & Porcelli
    • 0.41 mi๐Ÿš‡CE50th Street
    • 0.41 mi๐Ÿฅ˜Bareburger
    • 0.41 mi๐Ÿฅ˜Blue Ribbon
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    • 0.43 mi๐Ÿฅ˜Grasp Grill
    • 0.43 miโ˜•๏ธNinth Street Espresso
    • 0.43 mi๐Ÿฅ˜Sushi Damo
    • 0.43 mi๐Ÿฅ˜Ippudo
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    • 0.44 mi๐Ÿš—Icon
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    • 0.44 miโ˜•๏ธDancing Crane Cafe
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    • 0.44 mi๐Ÿฅ˜Katsuhama
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    • 0.45 mi๐ŸบWest End Bar & Grill
    • 0.45 miโ˜•๏ธStarbucks Coffee
    • 0.45 mi๐Ÿฅ˜Sushi-tei
    • 0.45 mi๐Ÿฅ˜Friday's
    • 0.45 mi๐Ÿฅ˜St. Andrew's
    • 0.45 mi๐Ÿš—24 Hour Parking
    • 0.45 mi๐Ÿฅ˜Danji
    • 0.45 mi๐Ÿฅ˜Kung Fu Little Steamed Buns
    • 0.45 mi๐Ÿฅ˜West End Bar & Grill
    • 0.46 mi๐Ÿฅ˜Pongsri
    • 0.46 mi๐Ÿฅ˜Masa
    • 0.46 miโ˜•๏ธCafe Edison
    • 0.46 mi๐Ÿฅ˜Times Square Diner e Grill
    • 0.46 mi๐Ÿฅ˜Porter House Bar and Grill
    • 0.46 mi๐ŸบMaggie's Place
    • 0.46 mi๐Ÿฅ˜Connolly's
    • 0.46 mi๐Ÿฅ˜Four Seasons
    • 0.46 mi๐Ÿฅ˜Palace
    • 0.47 mi๐ŸบRum House
    • 0.47 miโ˜•๏ธAu Bon Pain

    Neighborhood

    Plaza District

    The Plaza District is anchored by the southeast corner of Central Park. Most agree that the district is defined between the East River and Seventh Avenues, with 65th and 42nd streets as its North-South borders. The Plaza District derives its name from the landmark 19th-century Plaza Hotel and the Grand Army Plaza. The district is home to many famous buildings and landmarks, including Radio City Music Hall, Rockefeller Plaza, the Chrysler Building, and MoMa.

    Midtown Manhattan is the largest central business district in the world, and the Plaza District boasts some of the most premier commercial real estate in the city. Its tall buildings primarily provide office space for holding companies, investment groups, media groups, consulting firms, accounting firms, and hedge funds. Two-thirds of hedge funds located in NYC have office space in the Plaza District.

    Notable Plaza District tenants include Deloitte, Accenture, Mizuho Americas, Bloomberg Media, Colgate-Palmolive, JP Morgan, Pfizer, Cisco Systems, Fox News, and NBC Studios.

    Plaza District Office Space | Lease Data & Trends

    The Plaza District sees a range of asking rents and holds a Class A average of $94.19 per square foot, compared to the Midtown Class A average of ย $83.71. Many upper floors โ€” especially those with views of Central Park โ€” can lease for up to $200 per square foot, and many of the most expensive Plaza District buildings (such as the SoLow and General Motors Buildings) have an average asking rent of $144 per square foot.

    The cost of office space is largely determined by location, building class, lease terms and length, and renovation costs. Not sure about the differences between Class A and Class B office spaces? What about gross lease, triple net leases, and tenant improvement allowance? A licensed tenant broker will leverage these factors to negotiate your lease, but if you want to learn more for yourself, check out our Leasopedia.

    What Our Brokers Say

    Inventory stands at nearly 102,000,000 square feet, with vacancy around 10%. As some tenants such as Blackwater choose to leave the Plaza District for Hudson Yards, vacancy is expected to go up. The Plaza District is ideal for small to mid-size financial services. Between 2015 and 2017, 65% of signed leases for less than 20,000 square feet in Midtown were concentrated in the Plaza District.

    Co-working spaces are also finding their way into the Plaza District. WeWork has four Plaza District locations and signed a lease at the beginning of 2018 for a 400,000 square foot office space at 750 Lexington Ave. NYC Office Suites has 75,000 square feet covering three floors in the LOVE Building, and Grand Central Tech resides at 335 Madison Ave. Plaza District is also an ideal location for any business that interacts with the United Nations ecosystem of organizations, which are mostly based in Midtown Eastย andย Murray Hill.

    Neighborhood History

    Construction above 42nd Street soared in the 1920s after the completion of Grand Central Station. Thirty new skyscrapers went up in 1927 alone, and Midtownโ€™s reputation as the epicenter of business in New York City only continued to solidify throughout the 20th century.

    Unlike the up-and-coming neighborhoods that value repurposing old warehouses and factories into workspaces, the majority of older buildings in the Plaza District were designed with businesses in mind. There has been little to no large-scale construction in recent years, although landlords are starting to issue significant renovations to attract the younger workforce.

    Getting Around the Plaza District

    The Plaza District provides a variety of transportation options for easy commuting around the city,with Grand Central Station as the primary hub in the south-east corner of the district. Subway lines B, D, F, M, 1, N, Q, R as well as bus lines M1, M2, M3, M4, M5, M7, and M50 service the area. Suburban commuters take the Metro North from Westchester, Putnam, and Dutchess Counties, and much of Connecticut. Taxis are readily available to drive you to your next destination.

    The Plaza District has heavy foot traffic. From the north, employees can enjoy walking or biking to work through Central Park. There are also bike lanes on Second Avenue (southbound) and First Avenue (northbound).

    Nearby neighborhoods include: Columbus Circle, Times Square, Park Avenue, and Fifth-Madison.

     

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