brandsquarefoot

387 Park Avenue South

Gramercy Park

New York, NY 10016

  • 80 - 23,280 sqft
  • inquire for pricing

Building Details

  • Walk Scoreยฎ100
  • Noise Index0.82
  • Not what you're looking for?

    Go through our quick office space finder quiz to find the best spaces for your company.

  • Availability

    UnitSizePriceInquire
    Space - Suite80 sqftInquire for pricing
    5th Floor - Suite80 sqftInquire for pricing
    Space - Suite100 sqftInquire for pricing
    5th Floor - Suite150 sqftInquire for pricing
    Space - Suite250 sqftInquire for pricing
    5th Floor - Suite250 sqftInquire for pricing
    5th Floor - Suite450 sqftInquire for pricing
    Space - Suite500 sqftInquire for pricing
    Space - Suite700 sqftInquire for pricing
    Space - Suite1,200 sqftInquire for pricing
    Space - Suite5,000 sqftInquire for pricing
    26th Floor - Suite22,000 sqftInquire for pricing
    41st Floor - Suite23,280 sqftInquire for pricing
    • 0.04 mi๐Ÿฅ˜Dos Caminos
    • 0.04 mi๐Ÿš‡628th Street
    • 0.05 mi๐Ÿฅ˜Jazz Standard
    • 0.05 mi๐ŸบChurchill's Pub
    • 0.05 mi๐Ÿฅ˜Blue Smoke
    • 0.05 miโ˜•๏ธFIKA 28th Street
    • 0.07 mi๐Ÿฅ˜Pappali
    • 0.07 mi๐Ÿฅ˜Les Halles
    • 0.07 mi๐ŸบPark Hotel Rooftop Bar
    • 0.08 mi๐Ÿฅ˜Copper Chimney
    • 0.09 mi๐Ÿฅ˜Haldi
    • 0.09 mi๐Ÿฅ˜Bhatti
    • 0.09 mi๐Ÿฅ˜Anjappar
    • 0.1 mi๐Ÿฅ˜Fresh & Co
    • 0.1 mi๐Ÿฅ˜Lahori Kabab
    • 0.1 miโ˜•๏ธSubway
    • 0.1 mi๐ŸบTavern29
    • 0.1 mi๐Ÿฅ˜Dhaulagiri Kitchen
    • 0.11 mi๐Ÿฅ˜Shorty's
    • 0.11 mi๐Ÿฅ˜Choza Tacqueria
    • 0.11 mi๐Ÿฅ˜Essen Fast Slow Food
    • 0.11 mi๐Ÿฅ˜Haandi
    • 0.11 mi๐Ÿฅ˜Chote Nawab
    • 0.11 miโ˜•๏ธExki
    • 0.12 mi๐Ÿฅ˜Curry in a Hurry
    • 0.12 mi๐Ÿฅ˜Saravanaa Bhavan
    • 0.12 mi๐Ÿฅ˜Saravana Bhavan
    • 0.12 miโ˜•๏ธBirch
    • 0.12 miโ˜•๏ธDunkin' Donuts
    • 0.13 mi๐ŸบWhiskey Rebel
    • 0.13 mi๐Ÿฅ˜California Pizza Kitchen
    • 0.14 mi๐Ÿฅ˜Milleseme
    • 0.14 mi๐Ÿฅ˜Bao Bao Cafe
    • 0.15 miโ˜•๏ธCosi
    • 0.15 mi๐Ÿฅ˜Balloon
    • 0.15 mi๐Ÿฅ˜Wine:30
    • 0.16 miโ˜•๏ธStarbucks
    • 0.16 mi๐Ÿฅ˜Crooked Knife
    • 0.16 mi๐Ÿฅ˜Fresh Mexican Grill
    • 0.17 mi๐Ÿฅ˜Eleven Madison Park
    • 0.17 miโ˜•๏ธPenelope
    • 0.17 miโ˜•๏ธCafe Delectica
    • 0.17 mi๐Ÿฅ˜Dunkin' Donuts
    • 0.18 mi๐Ÿฅ˜Lallisse
    • 0.18 mi๐Ÿฅ˜Coppola's
    • 0.18 miโ˜•๏ธLenny's
    • 0.18 mi๐Ÿฅ˜Turkish Kitchen
    • 0.18 mi๐Ÿฅ˜DiDi Dumpling
    • 0.19 mi๐Ÿฅ˜Belvedere
    • 0.19 miโ˜•๏ธFIKA 23rd Street
    • 0.19 mi๐ŸบJohn Doe Bar & Kitchen
    • 0.19 mi๐Ÿฅ˜Ben & Jack's Steakhouse
    • 0.2 mi๐Ÿฅ˜Cosi
    • 0.2 mi๐Ÿฅ˜Chipotle
    • 0.2 mi๐Ÿฅ˜Vezzo
    • 0.2 mi๐ŸบVan Diemens
    • 0.2 mi๐Ÿฅ˜Bella Napoli
    • 0.2 mi๐Ÿฅ˜Ravagh Persian Grill
    • 0.21 mi๐Ÿฅ˜Chipotle
    • 0.21 mi๐Ÿฅ˜ilili
    • 0.21 mi๐Ÿš‡623rd Street
    • 0.21 miโ˜•๏ธIdea Coffee
    • 0.21 mi๐Ÿบ230 Fifth
    • 0.21 miโ˜•๏ธDunkin' Donuts
    • 0.21 mi๐Ÿฅ˜Sunflower Diner
    • 0.21 mi๐Ÿฅ˜L & W Oyster Company
    • 0.22 mi๐Ÿฅ˜Vatan
    • 0.22 mi๐Ÿฅ˜Spicy Simphony
    • 0.22 mi๐Ÿฅ˜Tonic
    • 0.22 mi๐Ÿฅ˜Wagamama
    • 0.22 mi๐Ÿฅ˜Stix
    • 0.22 miโ˜•๏ธGramercy Star Cafe
    • 0.22 mi๐Ÿฅ˜Kurry Pavilion
    • 0.22 miโ˜•๏ธStarbucks
    • 0.22 mi๐Ÿฅ˜Brother Jimmy's BBQ
    • 0.23 mi๐Ÿฅ˜Pondicheri
    • 0.23 mi๐Ÿฅ˜Marcony
    • 0.24 mi๐Ÿฅ˜Her Name is Han
    • 0.24 mi๐Ÿฅ˜VERTS Mediterranean Grill
    • 0.24 mi๐Ÿฅ˜Take31
    • 0.24 mi๐ŸบVin Sur Vingt
    • 0.24 mi๐Ÿฅ˜Dig Inn Seasonal Market
    • 0.24 miโ˜•๏ธStarbucks
    • 0.25 mi๐Ÿฅ˜The Smith
    • 0.25 mi๐Ÿฅ˜Hummus Kitchen
    • 0.25 mi๐Ÿฅ˜Banc
    • 0.25 mi๐Ÿฅ˜Num Pang
    • 0.25 mi๐ŸบThe Nomad
    • 0.26 mi๐Ÿฅ˜Sweetgreen
    • 0.26 mi๐Ÿฅ˜La Pecora Bianca
    • 0.26 mi๐ŸบToshi's Living Room
    • 0.26 mi๐Ÿฅ˜Preฬ‚t aฬ€ manger
    • 0.26 mi๐ŸบToshi's Penthouse
    • 0.27 mi๐ŸบThe NoMad Hotel Library Bar
    • 0.27 mi๐Ÿ’ชThrowback Fitness
    • 0.27 mi๐Ÿฅ˜Moonstruck
    • 0.27 mi๐Ÿš‡RW23th Street
    • 0.27 mi๐Ÿฅ˜INDAY
    • 0.27 mi๐Ÿฅ˜Eataly
    • 0.27 mi๐Ÿฅ˜Ichiumi Japanese Buffet
    • 0.28 mi๐Ÿฅ˜Izakaya NoMad
    • 0.28 mi๐ŸบLa Bierria
    • 0.28 mi๐Ÿฅ˜The Breslin
    • 0.28 miโ˜•๏ธGregory's Coffee
    • 0.28 mi๐Ÿš‡RW28th Street
    • 0.28 mi๐Ÿ’ชEvolution Muay Thai
    • 0.28 mi๐ŸบRooftop Bar
    • 0.28 mi๐Ÿš‡633rd Street
    • 0.28 miโ˜•๏ธStarbucks
    • 0.28 mi๐Ÿฅ˜Maysville
    • 0.29 mi๐Ÿฅ˜Baita by Birreria
    • 0.29 mi๐Ÿฅ˜Pizza Pub
    • 0.29 mi๐Ÿฅ˜Vino Tapa
    • 0.29 mi๐Ÿฅ˜Eataly
    • 0.3 mi๐Ÿฅ˜John Dory Oyster Bar
    • 0.3 mi๐Ÿฅ˜Minar
    • 0.3 mi๐Ÿฅ˜Kyo Chon Chicken
    • 0.31 mi๐Ÿฅ˜Murry Hill Diner
    • 0.31 mi๐Ÿฅ˜Latin American Restaurant
    • 0.31 mi๐Ÿฅ˜Juice
    • 0.31 mi๐Ÿฅ˜Sushiritto
    • 0.31 mi๐ŸบRattle n Hum
    • 0.32 mi๐Ÿ’ชPopPhysique
    • 0.32 mi๐Ÿฅ˜2nd Ave Deli
    • 0.32 mi๐Ÿฅ˜Obica Mozzarella Bar
    • 0.32 mi๐Ÿฅ˜Auntie Guan's Kitchen
    • 0.32 mi๐Ÿฅ˜La Tarte Flambรฉe
    • 0.32 mi๐Ÿฅ˜Lyric Diner
    • 0.32 mi๐Ÿฅ˜Le Pain Quotidien
    • 0.33 mi๐Ÿฅ˜Bon Chon Chicken
    • 0.33 mi๐Ÿฅ˜Maui Onion
    • 0.33 mi๐Ÿฅ˜Hill Country Barbecue Market
    • 0.33 mi๐Ÿฅ˜Le Parisien
    • 0.33 miโ˜•๏ธMaison Kayser
    • 0.33 miโ˜•๏ธChalait
    • 0.33 mi๐Ÿฅ˜Nomado
    • 0.34 mi๐Ÿฅ˜Rolfโ€™s German Restaurant
    • 0.34 mi๐Ÿฅ˜Cask
    • 0.34 mi๐Ÿ’ชUplift Studio
    • 0.34 mi๐Ÿฅ˜Woorijip
    • 0.34 mi๐Ÿฅ˜Junoon
    • 0.34 mi๐Ÿฅ˜Hanjan
    • 0.34 mi๐ŸบHog Pit NYC
    • 0.34 mi๐ŸบGrey Bar & Restaurant
    • 0.34 mi๐ŸบThe Flatiron Room
    • 0.35 miโ˜•๏ธStarbucks
    • 0.35 mi๐ŸบFlatiron Hall
    • 0.35 mi๐Ÿฅ˜ViV
    • 0.35 mi๐Ÿฅ˜Sagaponack
    • 0.35 mi๐Ÿฅ˜Mari Vanna
    • 0.35 miโ˜•๏ธFIKA 34th Street
    • 0.35 mi๐Ÿฅ˜New WonJo
    • 0.36 mi๐Ÿฅ˜Pizza Fresca
    • 0.36 mi๐Ÿฅ˜Mulberry & Vine
    • 0.36 mi๐Ÿฅ˜Chop Shop II
    • 0.36 mi๐Ÿฅ˜Tappo
    • 0.36 mi๐Ÿฅ˜Melt Shop
    • 0.36 mi๐Ÿฅ˜Hana Michi
    • 0.36 mi๐Ÿฅ˜Marchi's
    • 0.36 mi๐ŸบWaterfront Ale House
    • 0.36 mi๐Ÿš—Central Parking
    • 0.37 mi๐ŸบMercury Bar
    • 0.37 mi๐Ÿฅ˜Franchia
    • 0.37 mi๐Ÿฅ˜Ethos
    • 0.37 mi๐Ÿ’ชStudio Anya
    • 0.37 mi๐ŸบFlying Cock
    • 0.37 mi๐ŸบFoley's
    • 0.37 miโ˜•๏ธStarbucks
    • 0.38 mi๐Ÿฅ˜Seoul Garden
    • 0.38 mi๐Ÿฅ˜Waldy's Woodfire Pizza & Penne
    • 0.38 mi๐ŸŒฒTheodore Roosevelt Birthplace National Historic Site
    • 0.38 mi๐Ÿฅ˜Blockheads
    • 0.38 mi๐ŸบHeartland Brewery
    • 0.38 miโ˜•๏ธBeecher's Handmade Cheese
    • 0.38 mi๐ŸšŒFree maison
    • 0.38 mi๐Ÿฅ˜Big Daddy's Gramercy Park
    • 0.38 mi๐Ÿฅ˜The Cellar
    • 0.38 mi๐Ÿฅ˜Gaonnuri
    • 0.38 mi๐ŸŒฒGramercy Park Historic District
    • 0.38 mi๐Ÿฅ˜Kang Suh Restaurant
    • 0.38 miโ˜•๏ธBrooks Brothers - Red Fleece Cafe
    • 0.39 mi๐Ÿฅ˜Outback Steakhouse
    • 0.39 mi๐Ÿฅ˜Hill and Bay
    • 0.39 mi๐ŸบO'Reilly's Pub
    • 0.39 mi๐ŸบBarfly
    • 0.39 mi๐Ÿฅ˜Babylon
    • 0.39 miโ˜•๏ธStarbucks Coffee
    • 0.4 mi๐Ÿฅ˜Hee Korean BBQ Grill
    • 0.4 mi๐Ÿฅ˜Kofoo
    • 0.4 mi๐Ÿฅ˜Pio Pio
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 miโ˜•๏ธKoffeecake Corner
    • 0.4 mi๐Ÿฅ˜Talent
    • 0.4 mi๐Ÿš—Gramercy Park
    • 0.4 mi๐Ÿฅ˜Galata
    • 0.4 mi๐ŸบO'Reileys
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 mi๐ŸบThe Storehouse
    • 0.41 mi๐Ÿฅ˜Bareburger
    • 0.41 mi๐ŸบRouge
    • 0.41 mi๐ŸบJack Demsey's
    • 0.41 mi๐Ÿฅ˜Nana Sushi
    • 0.42 mi๐ŸบJoshua Tree
    • 0.42 mi๐Ÿš—Icon Parking
    • 0.43 mi๐Ÿฅ˜Aleo
    • 0.43 miโ˜•๏ธThe Corner Cafe
    • 0.43 mi๐ŸŒฒSniffen Court Historic District
    • 0.43 mi๐Ÿฅ˜Anisette. Cafe. Bistro.
    • 0.43 mi๐Ÿบted's
    • 0.44 mi๐Ÿš‡FMPATH23rd Street
    • 0.44 mi๐Ÿ’ชFlywheel Sports
    • 0.44 miโ˜•๏ธStarbucks
    • 0.44 mi๐ŸบOld Town Bar
    • 0.44 miโ˜•๏ธStarbucks Coffee
    • 0.44 miโ˜•๏ธStarbucks
    • 0.45 mi๐Ÿฅ˜Fraiche Maxx
    • 0.45 mi๐Ÿฅ˜Haru
    • 0.47 mi๐Ÿฅ˜Ruay
    • 0.47 mi๐Ÿฅ˜Baby Bo's Cantina
    • 0.48 mi๐Ÿฅ˜EONS Greek Food for Life
    • 0.49 mi๐Ÿฅ˜Notaro

    Neighborhood

    Gramercy Park

    Gramercy Park, often shortened to Gramercy, is a quiet district in Midtown South that, in many ways, has remained untouched by new development over the years. Walking the streets of Gramercy Park, filled with Victorian charm and cultivated greenery, you’d never guess that the area was once in the middle of a swamp. The Manhattan neighborhood borders Third Avenue to the west, Park Avenue South to the east, 23rd Street to the north, and 14th Street to the south.

    The primarily residential neighborhood is well known for the private park at its center that shares the same name. Gramercy Park covers close to two acres of land and is one of only two private parks in New York City, accessible only by key. Approximately 400 keys are in circulation, most belonging to residents who live directly around the park and pay an annual fee.

    With few tourist attractions, Gramercy Park can provide a reprieve from the bustling crowds in surrounding districts. Gramercyโ€™s convenient proximity to Union Square allows for easy commuting both in and out of the neighborhood.

    SquareFoot's NYC Market Report

    Gramercy Office Space | Lease Data & Trends

    The Gramercy Park commercial real estate inventory totals approximately 21.5 million square feet, with three-fifths of the inventory comprised of Class A properties. Despite the low vacancy rate of 5.2%, office space in Gramercy Park still rent at a lower price per square foot โ€” $72 โ€” than the Midtown South average of $77 and the Midtown Manhattan average of $80. Gramercy office space in a Class A building costs on average $73 per square foot to rent. More than 100,000 additional square feet are currently under construction, primarily Class A units.

     

    What Our Brokers Say Gramercy Office Space for Lease

    The appeal to renting Gramercy Park office space comes from the convenient central location combined with a more laid back neighborhood pace. The neighborhoodโ€™s 19,000 residents tend toward the affluent, which creates an excellent environment for financial and business management consultants.

    Gramercy Park is located near a handful of health and medical institutions, including Bellevue Hospital Center, VA NY Harbor Healthcare System, and NYU Medical Center, making the location idea for businesses offering medical services and products. Home health care services and healthcare consultants are common tenants in the area.

    Other notable tenants in the area include Con Edison, Button, Gotham Ghostwriters, ATTCK, Perry Branding Group, and Digital Pulp.

     

    Getting Around Gramercy Park

    Gramercy Park is the 11th most walkable neighborhood according to Walk Score, scoring 100% for both walking and transit. Gramercy Park is considered a safe neighborhood with little congestion, and the sidewalks around the private Gramercy Park provide scenic routes for joggers, dog-walkers, and employees looking to get a breath of fresh air during a busy workday.

    Union Square is located at Gramercy Parkโ€™s southwest corner, and the area is serviced by the 4, 5, 6, N, Q, R, and L trains.

     

    In the Neighborhood

    Much of the area within Gramercy Park is a designated historic district, admired for the well-preserved buildings showcasing Greek Revival, Italianate, and Gothic Revival architecture. Gramercy Park is even home to two of New York Cityโ€™s first apartment buildings, which both retain their original facades. This architecture is intermixed with classic brownstones, modern residential developments, and luxury condos.

    Not everything has remained preserved in the past, however. While some neighborhood favorites like Peteโ€™s Tavern have been in operation since 1864, relative newcomers Maialino, Midwinter Kitchen, and Yama are part of a vibrant culinary scene. Gramercy Park also has a lively happy hour scene for after-work socialization, with plenty of popular happy hour specials to be found at Revival, Barfly, Ampersand, and Bait & Hook, to name a few.

    Nearby neighborhoods include Flatiron District, Midtown East, East Village, and NoHo.

     

    Gramercy Photo 1# Gramercy Photo 2# Gramercy Photo 3#

    Similar Office Spaces

    Nearby

    SquareFoot does not represent the building. Pricing is estimated based on market averages. Information is deemed reliable but not guaranteed.