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237 Park Avenue

237 Park Avenue, SWC of 46th Street

New York, NY 10017

  • 942 - 66,605 sqft
  • inquire for pricing

Building Details

  • Walk Score®100
  • Noise Index0.47

237 Park Avenue, is a beautiful 21-story building in Midtown. Constructed in 1905, and renovated in 1981, the building sets itself apart with 24/7 access, on-site management, and a dramatic atrium lobby.
With a prime location in the heart of Manhattan, arriving at 237 Park Avenue will be a breeze. Within just a few blocks you will find access to Grand Central Terminal as well as the major MTA lines. For a lunch break, we suggest heading over to Urbanspace Vanderbilt for an upscale food court experience.

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  • Availability

    UnitSizePriceInquire
    Space942 sqftInquire for pricing
    Space1,213 sqftInquire for pricing
    Office Space1,571 sqftInquire for pricing
    Space2,407 sqftInquire for pricing
    Space2,429 sqftInquire for pricing
    Office Space2,444 sqftInquire for pricing
    Office Space3,068 sqftInquire for pricing
    Space3,774 sqftInquire for pricing
    Partial 19th Floor7,903 sqftInquire for pricing
    Partial 19th Floor11,373 sqftInquire for pricing
    19th Floor17,028 sqftInquire for pricing
    13th Floor17,959 sqftInquire for pricing
    Entire 21st Floor25,800 sqftInquire for pricing
    Space28,703 sqftInquire for pricing
    6th Floor29,455 sqftInquire for pricing
    Partial 6th Floor30,342 sqftInquire for pricing
    13th Floor44,473 sqftInquire for pricing
    Entire 7th Floor59,032 sqftInquire for pricing
    10th Floor60,401 sqftInquire for pricing
    9th Floor60,512 sqftInquire for pricing
    20th Floor60,845 sqftInquire for pricing
    11th Floor61,411 sqftInquire for pricing
    14th Floor61,543 sqftInquire for pricing
    Entire 12th Floor61,603 sqftInquire for pricing
    15th Floor62,275 sqftInquire for pricing
    16th Floor62,275 sqftInquire for pricing
    5th Floor66,605 sqftInquire for pricing
    • 0.03 mi☕️Naples 45
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    • 0.23 mi🥘Pera
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    Neighborhood

    Midtown East

    Midtown East, an area of Midtown, is a popular office space location, especially for consulting firms, financial services firms, media companies, and hedge funds. Located near many of Manhattan’s most iconic landmarks, the area is not only a business center but also a well-traveled tourist destination. Midtown East encompasses several unique neighborhoods including the Plaza District, Park Avenue, Madison Avenue, and Grand Central Station.

    Midtown East Office Space | Lease Data & Trends

    Office space rental prices vary greatly based on location, building class, and lease terms and length. On the high end of the spectrum, Class A office space in the Plaza District or on Madison Avenue can cost $100 per square foot. Conversely, Class B office space for lease in the Garment District or near Grand Central Station goes for closer to $60 per square foot.

    In general, Midtown East submarkets are more expensive than the average asking rent for NYC office space $72 per square foot, or the average Brooklyn office space rent of $42 per square foot.

    To help decide what kind of space you’re looking for, read about the differences between Class A and Class B office spaces. What about gross lease, triple net leases, and tenant improvement allowance? If you want to learn more about renting office space in Midtown East, one of our licensed tenant brokers would love to answer your questions.

    NYC office space market report

    What Our Brokers Say About Midtown East Office Space

    The borough of Manhattan south of Central Park is traditionally divided into Midtown, Midtown South, and Lower Manhattan. Midtown East is the Eastern half of Midtown that is bordered by Fifth Avenue to the west, the East River to the east, 59th St. to the north, and 42nd Street to the south. The area is home to the Chrysler Building, Rockefeller Center, and the United Nations Headquarters, and visitors will notice a lot of areas that look familiar because they’ve appeared on postcards and in TV shows.

    Midtown East is primarily a business district and is relatively quiet during the evenings. Traveling around the area and getting to and from nearby districts is easy, especially with the convenient juxtaposition of Grand Central Station, which is not only one of the biggest hubs for public transportation in NYC but also a historic landmark. Nearby subway lines include: 4, 5, 6, N, Q, R, B, D, F, M, E, and 7. If visiting business partners need a place to stay, book rooms in The Langham, The Bernic Hotel, Fitzpatrick Grand Central, or Pod 39.

    Popular Neighborhoods in Midtown East

    Each neighborhood located within Midtown East has unique character and features.

    Grand Central Station: Whether you call it by its official name, Grand Central Terminal, or its nickname, Grand Central, this neighborhood is known for housing Grand Central Station, one of the biggest transportation hubs in NYC. Securing office space here means working alongside companies such as Salesforce, YES Network, Oracle, Metlife, and New York Life Insurance.

    Madison Avenue: Madison Avenue, one of the most well-known streets in America, is home to some of the nation’s most influential businesses. Named after the United States’ fourth President, James Madison, Madison Avenue is clean, beautiful, and graffiti-free. Though no longer the center of the advertising world, Madison Avenue is still an area in high demand.

    Plaza District: The Plaza District houses some of the most premier commercial real estate in NYC. A 10% vacancy leaves potential tenants with plenty of options to join the district’s current tenants, which include Colgate-Palmolive, Bloomberg, and NBC Studios.

    Park Avenue: Park Avenue, originally called Fourth Avenue, houses some of the nation’s most expensive real estate, and some of NYC’s richest CEOs live there. Fortune 500 companies such as Citigroup, Mutual of America, JP Morgan, and Metlife have Park Avenue addresses from here.

    met-life-building-grand-central-station

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