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387 Park Avenue South

Gramercy Park

New York, NY 10016

  • 100 - 9,269 sqft
  • inquire for pricing

Building Details

  • Walk Scoreยฎ100
  • Noise Index0.82
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  • Availability

    UnitSizePriceInquire
    5th Floor100 sqftInquire for pricing
    Office Space6,486 sqftInquire for pricing
    9th Floor6,911 sqftInquire for pricing
    9th Floor6,911 sqftInquire for pricing
    9th Floor9,269 sqftInquire for pricing
    • 0.03 mi๐Ÿฅ˜Jazz Standard
    • 0.04 mi๐Ÿฅ˜Blue Smoke
    • 0.04 mi๐Ÿš‡628th Street
    • 0.04 mi๐Ÿฅ˜Pappali
    • 0.05 mi๐Ÿฅ˜Dos Caminos
    • 0.05 miโ˜•๏ธFIKA 28th Street
    • 0.05 mi๐ŸบPark Hotel Rooftop Bar
    • 0.05 mi๐Ÿฅ˜Copper Chimney
    • 0.06 mi๐ŸบChurchill's Pub
    • 0.06 mi๐Ÿฅ˜Haldi
    • 0.06 mi๐Ÿฅ˜Bhatti
    • 0.06 mi๐Ÿฅ˜Les Halles
    • 0.07 mi๐Ÿฅ˜Anjappar
    • 0.08 mi๐Ÿฅ˜Lahori Kabab
    • 0.08 mi๐Ÿฅ˜Dhaulagiri Kitchen
    • 0.08 mi๐Ÿฅ˜Haandi
    • 0.09 mi๐Ÿฅ˜Chote Nawab
    • 0.09 mi๐Ÿฅ˜Curry in a Hurry
    • 0.09 mi๐Ÿฅ˜Fresh & Co
    • 0.1 mi๐Ÿฅ˜Saravanaa Bhavan
    • 0.1 mi๐Ÿฅ˜Saravana Bhavan
    • 0.1 miโ˜•๏ธSubway
    • 0.1 mi๐ŸบWhiskey Rebel
    • 0.11 mi๐ŸบTavern29
    • 0.13 mi๐Ÿฅ˜Bao Bao Cafe
    • 0.13 mi๐Ÿฅ˜California Pizza Kitchen
    • 0.13 mi๐Ÿฅ˜Choza Tacqueria
    • 0.13 mi๐Ÿฅ˜Shorty's
    • 0.13 miโ˜•๏ธExki
    • 0.13 mi๐Ÿฅ˜Essen Fast Slow Food
    • 0.14 mi๐Ÿฅ˜Balloon
    • 0.14 miโ˜•๏ธDunkin' Donuts
    • 0.14 miโ˜•๏ธCosi
    • 0.14 miโ˜•๏ธBirch
    • 0.15 miโ˜•๏ธPenelope
    • 0.15 mi๐Ÿฅ˜Milleseme
    • 0.15 miโ˜•๏ธStarbucks
    • 0.15 mi๐Ÿฅ˜Wine:30
    • 0.16 mi๐Ÿฅ˜Coppola's
    • 0.16 mi๐Ÿฅ˜Turkish Kitchen
    • 0.16 mi๐Ÿฅ˜Fresh Mexican Grill
    • 0.16 mi๐Ÿฅ˜Lallisse
    • 0.17 mi๐Ÿฅ˜Crooked Knife
    • 0.17 mi๐Ÿฅ˜Dunkin' Donuts
    • 0.17 mi๐Ÿฅ˜Belvedere
    • 0.17 miโ˜•๏ธLenny's
    • 0.18 mi๐ŸบVan Diemens
    • 0.18 miโ˜•๏ธCafe Delectica
    • 0.18 mi๐Ÿฅ˜DiDi Dumpling
    • 0.18 mi๐Ÿฅ˜Vezzo
    • 0.19 mi๐Ÿฅ˜Eleven Madison Park
    • 0.19 mi๐Ÿฅ˜Sunflower Diner
    • 0.19 mi๐Ÿฅ˜Vatan
    • 0.19 mi๐Ÿฅ˜Cosi
    • 0.19 mi๐Ÿฅ˜Tonic
    • 0.19 mi๐Ÿฅ˜Chipotle
    • 0.2 miโ˜•๏ธFIKA 23rd Street
    • 0.2 mi๐Ÿฅ˜Kurry Pavilion
    • 0.2 mi๐Ÿฅ˜Spicy Simphony
    • 0.21 mi๐Ÿฅ˜Brother Jimmy's BBQ
    • 0.21 miโ˜•๏ธDunkin' Donuts
    • 0.21 mi๐Ÿฅ˜Bella Napoli
    • 0.21 mi๐ŸบJohn Doe Bar & Kitchen
    • 0.21 mi๐Ÿฅ˜Ben & Jack's Steakhouse
    • 0.22 mi๐Ÿš‡623rd Street
    • 0.22 mi๐Ÿฅ˜Marcony
    • 0.22 miโ˜•๏ธGramercy Star Cafe
    • 0.22 mi๐Ÿฅ˜Ravagh Persian Grill
    • 0.22 mi๐Ÿฅ˜Stix
    • 0.22 mi๐Ÿฅ˜Hummus Kitchen
    • 0.23 mi๐Ÿฅ˜Banc
    • 0.23 mi๐Ÿฅ˜Chipotle
    • 0.23 mi๐Ÿฅ˜ilili
    • 0.23 miโ˜•๏ธIdea Coffee
    • 0.23 miโ˜•๏ธStarbucks
    • 0.23 mi๐Ÿบ230 Fifth
    • 0.24 mi๐Ÿฅ˜L & W Oyster Company
    • 0.24 mi๐Ÿฅ˜Her Name is Han
    • 0.24 mi๐Ÿฅ˜Wagamama
    • 0.25 mi๐Ÿฅ˜Take31
    • 0.25 mi๐Ÿฅ˜Moonstruck
    • 0.25 mi๐Ÿฅ˜VERTS Mediterranean Grill
    • 0.25 mi๐Ÿฅ˜Pondicheri
    • 0.26 mi๐Ÿฅ˜Preฬ‚t aฬ€ manger
    • 0.26 mi๐Ÿฅ˜Dig Inn Seasonal Market
    • 0.27 mi๐ŸบVin Sur Vingt
    • 0.27 mi๐Ÿฅ˜Vino Tapa
    • 0.27 miโ˜•๏ธStarbucks
    • 0.27 mi๐Ÿฅ˜The Smith
    • 0.27 miโ˜•๏ธGregory's Coffee
    • 0.27 miโ˜•๏ธStarbucks
    • 0.28 mi๐Ÿš‡633rd Street
    • 0.28 mi๐ŸบThe Nomad
    • 0.28 mi๐Ÿฅ˜Pizza Pub
    • 0.28 mi๐Ÿฅ˜Num Pang
    • 0.28 mi๐Ÿ’ชThrowback Fitness
    • 0.28 mi๐Ÿฅ˜Sweetgreen
    • 0.28 mi๐Ÿฅ˜Ichiumi Japanese Buffet
    • 0.28 mi๐ŸบToshi's Living Room
    • 0.28 mi๐Ÿฅ˜La Pecora Bianca
    • 0.29 mi๐ŸบToshi's Penthouse
    • 0.29 mi๐ŸบThe NoMad Hotel Library Bar
    • 0.29 mi๐Ÿฅ˜Murry Hill Diner
    • 0.29 mi๐ŸบRooftop Bar
    • 0.3 mi๐Ÿš‡RW23th Street
    • 0.3 mi๐Ÿฅ˜Juice
    • 0.3 mi๐Ÿฅ˜Eataly
    • 0.3 mi๐Ÿฅ˜The Breslin
    • 0.3 mi๐Ÿฅ˜INDAY
    • 0.3 mi๐Ÿฅ˜2nd Ave Deli
    • 0.3 mi๐ŸบLa Bierria
    • 0.3 mi๐Ÿฅ˜Izakaya NoMad
    • 0.3 mi๐Ÿš‡RW28th Street
    • 0.31 mi๐Ÿฅ˜La Tarte Flambรฉe
    • 0.31 mi๐Ÿ’ชEvolution Muay Thai
    • 0.31 mi๐Ÿฅ˜Auntie Guan's Kitchen
    • 0.31 mi๐Ÿฅ˜Baita by Birreria
    • 0.31 mi๐Ÿฅ˜Maysville
    • 0.31 mi๐Ÿฅ˜Le Parisien
    • 0.31 mi๐Ÿฅ˜Lyric Diner
    • 0.31 mi๐Ÿฅ˜Kyo Chon Chicken
    • 0.32 mi๐Ÿฅ˜Nomado
    • 0.32 mi๐Ÿฅ˜Minar
    • 0.32 mi๐Ÿฅ˜Eataly
    • 0.32 mi๐Ÿฅ˜Cask
    • 0.32 mi๐Ÿฅ˜John Dory Oyster Bar
    • 0.32 mi๐ŸบRattle n Hum
    • 0.33 mi๐Ÿฅ˜Rolfโ€™s German Restaurant
    • 0.33 mi๐Ÿฅ˜ViV
    • 0.34 mi๐Ÿฅ˜Bon Chon Chicken
    • 0.34 mi๐Ÿฅ˜Marchi's
    • 0.34 mi๐Ÿฅ˜Sushiritto
    • 0.34 mi๐Ÿฅ˜Obica Mozzarella Bar
    • 0.34 mi๐ŸบWaterfront Ale House
    • 0.34 mi๐Ÿฅ˜Latin American Restaurant
    • 0.34 mi๐Ÿ’ชPopPhysique
    • 0.34 mi๐Ÿฅ˜Le Pain Quotidien
    • 0.35 mi๐ŸบMercury Bar
    • 0.35 miโ˜•๏ธFIKA 34th Street
    • 0.35 mi๐Ÿฅ˜Ethos
    • 0.35 miโ˜•๏ธMaison Kayser
    • 0.35 mi๐Ÿฅ˜Maui Onion
    • 0.35 mi๐Ÿฅ˜Woorijip
    • 0.35 mi๐ŸบFlying Cock
    • 0.35 miโ˜•๏ธChalait
    • 0.36 mi๐Ÿฅ˜Hill Country Barbecue Market
    • 0.36 miโ˜•๏ธStarbucks
    • 0.36 mi๐Ÿฅ˜Blockheads
    • 0.36 mi๐Ÿ’ชUplift Studio
    • 0.36 mi๐Ÿฅ˜Franchia
    • 0.36 mi๐Ÿฅ˜Hill and Bay
    • 0.36 mi๐Ÿฅ˜Mari Vanna
    • 0.36 mi๐Ÿฅ˜Junoon
    • 0.37 mi๐Ÿฅ˜Hanjan
    • 0.37 mi๐ŸบHog Pit NYC
    • 0.37 mi๐ŸบGrey Bar & Restaurant
    • 0.37 mi๐Ÿฅ˜New WonJo
    • 0.37 mi๐Ÿฅ˜Pizza Fresca
    • 0.37 mi๐ŸบThe Flatiron Room
    • 0.37 mi๐Ÿฅ˜Sagaponack
    • 0.37 mi๐ŸบFlatiron Hall
    • 0.37 miโ˜•๏ธStarbucks
    • 0.37 mi๐Ÿฅ˜Babylon
    • 0.37 mi๐Ÿฅ˜Hana Michi
    • 0.38 mi๐Ÿฅ˜Pio Pio
    • 0.38 mi๐Ÿš—Central Parking
    • 0.38 mi๐Ÿฅ˜Talent
    • 0.38 mi๐Ÿฅ˜Galata
    • 0.38 mi๐Ÿฅ˜Mulberry & Vine
    • 0.38 mi๐Ÿฅ˜Chop Shop II
    • 0.38 mi๐Ÿฅ˜Tappo
    • 0.38 mi๐Ÿฅ˜Melt Shop
    • 0.39 mi๐ŸบFoley's
    • 0.39 mi๐ŸบHeartland Brewery
    • 0.39 mi๐ŸŒฒGramercy Park Historic District
    • 0.39 mi๐ŸบBarfly
    • 0.39 mi๐Ÿฅ˜Bareburger
    • 0.39 mi๐ŸŒฒTheodore Roosevelt Birthplace National Historic Site
    • 0.39 mi๐Ÿฅ˜Big Daddy's Gramercy Park
    • 0.39 mi๐Ÿฅ˜Seoul Garden
    • 0.39 mi๐Ÿฅ˜Nana Sushi
    • 0.4 miโ˜•๏ธBeecher's Handmade Cheese
    • 0.4 mi๐Ÿฅ˜The Cellar
    • 0.4 mi๐Ÿš—Gramercy Park
    • 0.4 mi๐Ÿ’ชStudio Anya
    • 0.4 mi๐ŸบJoshua Tree
    • 0.4 mi๐Ÿฅ˜Gaonnuri
    • 0.4 miโ˜•๏ธStarbucks
    • 0.4 mi๐Ÿฅ˜Kang Suh Restaurant
    • 0.4 miโ˜•๏ธBrooks Brothers - Red Fleece Cafe
    • 0.4 mi๐Ÿฅ˜Waldy's Woodfire Pizza & Penne
    • 0.4 miโ˜•๏ธStarbucks Coffee
    • 0.41 mi๐ŸšŒFree maison
    • 0.41 mi๐ŸบO'Reilly's Pub
    • 0.41 mi๐Ÿฅ˜Outback Steakhouse
    • 0.41 mi๐ŸŒฒSniffen Court Historic District
    • 0.42 mi๐Ÿบted's
    • 0.42 mi๐ŸบO'Reileys
    • 0.42 mi๐Ÿฅ˜Hee Korean BBQ Grill
    • 0.42 mi๐ŸบJack Demsey's
    • 0.42 mi๐Ÿฅ˜Kofoo
    • 0.42 miโ˜•๏ธKoffeecake Corner
    • 0.43 mi๐Ÿฅ˜Anisette. Cafe. Bistro.
    • 0.43 miโ˜•๏ธStarbucks
    • 0.43 mi๐ŸบThe Storehouse
    • 0.43 mi๐ŸบRouge
    • 0.44 miโ˜•๏ธStarbucks
    • 0.44 miโ˜•๏ธStarbucks Coffee
    • 0.45 mi๐Ÿš—Icon Parking
    • 0.45 mi๐Ÿฅ˜Aleo
    • 0.45 mi๐Ÿฅ˜Ruay
    • 0.45 mi๐ŸบOld Town Bar
    • 0.45 mi๐Ÿฅ˜Baby Bo's Cantina
    • 0.45 miโ˜•๏ธThe Corner Cafe
    • 0.46 mi๐Ÿ’ชFlywheel Sports
    • 0.46 mi๐Ÿฅ˜EONS Greek Food for Life
    • 0.46 mi๐Ÿš‡FMPATH23rd Street
    • 0.46 mi๐Ÿฅ˜Fraiche Maxx
    • 0.46 mi๐Ÿฅ˜Haru
    • 0.46 mi๐Ÿฅ˜Notaro
    • 0.46 miโ˜•๏ธStarbucks

    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.

    Gramercy Park 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€” $69.92 โ€” than the Midtown South average of $74 and the Midtown Manhattan average of $76. 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

    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, Union Square, Midtown East, East Village, and NoHo.

     

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