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245 Park Avenue

Park Avenue

New York, NY 10167

  • 80 - 38,380 sqft
  • inquire for pricing

Building Details

  • Floors44
  • Walk Score®97
  • Year Built1967
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  • Availability

    UnitSizePriceInquire
    39th Floor80 sqftInquire for pricing
    39th Floor150 sqftInquire for pricing
    39th Floor250 sqftInquire for pricing
    39th Floor450 sqftInquire for pricing
    39th Floor500 sqftInquire for pricing
    39th Floor700 sqftInquire for pricing
    39th Floor1,200 sqftInquire for pricing
    Space5,000 sqftInquire for pricing
    39th Floor5,000 sqftInquire for pricing
    11th Floor - Suite 11045,190 sqftInquire for pricing
    33rd Floor17,230 sqftInquire for pricing
    37th Floor17,814 sqftInquire for pricing
    37th Floor - Partial Floor Suite17,814 sqftInquire for pricing
    33rd Floor20,696 sqftInquire for pricing
    23rd Floor25,260 sqftInquire for pricing
    12th Floor36,166 sqftInquire for pricing
    Space36,296 sqftInquire for pricing
    Space36,911 sqftInquire for pricing
    22nd Floor36,960 sqftInquire for pricing
    E 31sth Floor37,160 sqftInquire for pricing
    32nd Floor37,160 sqftInquire for pricing
    28th Floor37,224 sqftInquire for pricing
    27th Floor37,810 sqftInquire for pricing
    40th Floor38,380 sqftInquire for pricing
    • 0.02 mi🥘Bobby Van's Steakhouse - Park Ave
    • 0.05 mi☕️Starbucks Coffee
    • 0.06 mi☕️Financier
    • 0.07 mi☕️Naples 45
    • 0.07 mi🍺Vander Bar
    • 0.09 mi☕️The Beer Bar Cafe Centro
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    • 0.09 mi🥘ammos estiatorio
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    • 0.11 mi🍺Rooftop Bar
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    • 0.13 mi🥘Wolfgang's Steakhouse
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    • 0.15 mi🥘Sushi-tei
    • 0.15 mi☕️Pret a Manger
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    • 0.16 mi🍺The Wheeltapper Pub
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    • 0.19 mi☕️Cafe K
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    • 0.2 mi☕️Starbucks Coffee
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    • 0.24 mi🥘Sparks Steak House
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    • 0.35 mi🚇75th Avenue
    • 0.35 mi☕️Starbucks Coffee
    • 0.35 mi☕️Le Pain Quotidien
    • 0.35 mi🚗Hippodrome Parking
    • 0.35 mi🍺Park Avenue Tavern
    • 0.36 mi🥘Del Frisco's
    • 0.36 mi☕️Pennylane Coffee
    • 0.36 mi☕️Gregory Coffee
    • 0.36 mi🥘Lasagna
    • 0.36 mi🥘Scotty's Dinner
    • 0.36 mi🚇EM53rd Street-Lexington Avenue
    • 0.36 mi☕️Dunkin' Donuts
    • 0.37 mi☕️Starbucks
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    Neighborhood

    Park Avenue

    Park Avenue is a neighborhood located within Midtown East. Originally called Fourth Avenue, Park Avenue is home to some of the nation’s most expensive commercial and residential real estate, and a lot of name-brand companies, such as MetLife, JP Morgan, Bristol-Myers Squibb, Bloomberg, Deutsche Bank, Citigroup, and Alcoa.

    Park Avenue Office Space | Lease Data & Trends

    Park Avenue office space doesn’t come at a discount. Between the premium tenants pay for an address on one of the most famous streets in America and the already higher than average prices in Midtown for Class A office space, Park Avenue is primarily home to hedge funds, banks, consulting firms, law firms, and insurance companies. The average Park Avenue office space rents for $90 per square foot. All inventory on Park Avenue is considered Class A office space.

    For more affordable options that are still on the east side, consider the Upper East Side or Murray Hill. Budget-strapped companies will struggle to find options on Park Avenue, Madison Avenue, and in the Plaza District.

    SquareFoot's NYC Market Report

    What Our Brokers Have to Say About Park Avenue Office Space

    Park Avenue is a Manhattan boulevard that runs parallel to Madison Avenue to the west and Lexington Avenue to the east. Nearby neighborhoods include the Plaza District, Madison Avenue, and Grand Central Station. Park Avenue spans north into Harlem, and Park Avenue South runs until Union Square.

    Visitors and residents have plenty of options for getting around the area and visiting nearby districts, especially with the close proximity of Grand Central Station. Nearby subway lines include 1, 5, 6, 7, E, F, M, and S. Nearby bus lines include BM2, BM5, B15, C32, M1, M4, M5, M42, 163, QM6, and X27.

    Looking to get out of the office for a meeting or business lunch? Check out these great restaurants near Park Avenue: K Rico, Bocado Wine Bar & Restaurant, Ristorante Morini, or Le Pain Quotidien. If you need to book a room for a visiting business contact to stay in, look up The Marmara Manhattan, The Mark, or Courtyard New York Manhattan/Upper East Side.

    Get to Know Park Avenue

    Park Avenue is known for housing a number of Fortune 500 companies and other businesses. The following companies are headquartered or have some offices located in the neighborhood: Mutual of America, Hachette Book Group, British Airways, Major League Baseball, Maserati, and The National Football League.

    Because Park Avenue has some of the nation’s most expensive real estate, it’s no surprise that so many CEOs and billionaires choose to live there. 740 Park Avenue, known as one of NYC’s “Towers of Power,” will only consider applicants who have a net worth of at least $100 million. Current resident Stephen Schwarzman, Blackstone founder, lives in the triplex once owned by John D. Rockefeller. Hedge fund manager David Ganek owns a duplex in 740 Park Avenue that’s now worth $32.5 million. Park Avenue is also home to 432 Park, which is the best-selling building ever in NYC; it’s already closed sales for more than $2 billion.

    Though Park Avenue isn’t really a tourist destination, it is one of the best-looking boulevards in New York City. That’s because the Fund for Park Avenue provides funding for upkeep and maintains the numerous flower boxes that decorate the median between the north and south traffic. The area does feature some interesting architecture, including the Medieval Gothic designed Seventh Regiment Armory that’s known for its picturesque interior. Other landmarks of note include Ritz Tower, the Helmsley Building, St. Bartholomew’s Episcopal Church, the Italian Cultural Institute of New York, Harold Pratt House, and Perishing Square Building.

    Park Avenue served as a filming location in many well-known movies, the Park Avenue Viaduct in particular.  For example, Will Smith jumps off the Viaduct to chase a criminal in Men in Black. In I Am Legend, Will Smith is cornered by a zombie on the Viaduct. The final showdown in The Avengers also takes place on the Viaduct.

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