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432 Park Avenue South

432 Park Ave South

New York, NY 10016

  • 9,800 sqft
  • inquire for pricing

Building Details

  • Walk Score®98
  • Noise Index0.82
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  • Availability

    UnitSizePriceInquire
    16th Floor9,800 sqftInquire for pricing
    • 0.02 mi☕️Subway
    • 0.02 mi🥘California Pizza Kitchen
    • 0.02 mi🥘Fresh & Co
    • 0.03 mi🍺Tavern29
    • 0.03 mi☕️Cosi
    • 0.05 mi🥘Les Halles
    • 0.05 mi🥘Fresh Mexican Grill
    • 0.05 mi🥘Wine:30
    • 0.06 mi🥘Dunkin' Donuts
    • 0.06 mi☕️FIKA 28th Street
    • 0.07 mi🍺Churchill's Pub
    • 0.07 mi☕️Lenny's
    • 0.07 mi🥘Crooked Knife
    • 0.07 mi🚇628th Street
    • 0.08 mi🥘Cosi
    • 0.08 mi🥘Chipotle
    • 0.09 mi☕️Cafe Delectica
    • 0.11 mi🥘Dhaulagiri Kitchen
    • 0.11 mi☕️Penelope
    • 0.11 mi🥘Copper Chimney
    • 0.11 mi🥘Lahori Kabab
    • 0.11 mi🥘Vezzo
    • 0.11 mi🥘Milleseme
    • 0.11 mi🥘Lallisse
    • 0.12 mi🥘Belvedere
    • 0.12 mi🍺Whiskey Rebel
    • 0.12 mi🥘Bella Napoli
    • 0.12 mi🥘Spicy Simphony
    • 0.12 mi🥘Anjappar
    • 0.12 mi☕️Dunkin' Donuts
    • 0.12 mi🥘Curry in a Hurry
    • 0.13 mi☕️Exki
    • 0.13 mi🥘Marcony
    • 0.13 mi🥘Pappali
    • 0.14 mi🥘Chote Nawab
    • 0.14 mi🍺Park Hotel Rooftop Bar
    • 0.14 mi🥘Brother Jimmy's BBQ
    • 0.14 mi🥘Jazz Standard
    • 0.14 mi🥘Haandi
    • 0.14 mi🥘Blue Smoke
    • 0.14 mi🥘Haldi
    • 0.14 mi🥘Bhatti
    • 0.15 mi🥘Ravagh Persian Grill
    • 0.15 mi🥘Prêt à manger
    • 0.15 mi🥘Choza Tacqueria
    • 0.15 mi🥘Shorty's
    • 0.15 mi🥘Dos Caminos
    • 0.15 mi🥘Her Name is Han
    • 0.16 mi🥘Take31
    • 0.16 mi☕️Birch
    • 0.16 mi☕️Gregory's Coffee
    • 0.17 mi🥘Essen Fast Slow Food
    • 0.17 mi🚇633rd Street
    • 0.18 mi🥘Kurry Pavilion
    • 0.19 mi🥘Ichiumi Japanese Buffet
    • 0.19 mi🥘Ben & Jack's Steakhouse
    • 0.19 mi🥘Hummus Kitchen
    • 0.19 mi🍺John Doe Bar & Kitchen
    • 0.2 mi🥘Saravanaa Bhavan
    • 0.2 mi🥘Saravana Bhavan
    • 0.2 mi🥘Murry Hill Diner
    • 0.2 mi💪Throwback Fitness
    • 0.2 mi🥘Turkish Kitchen
    • 0.21 mi🥘Tonic
    • 0.21 mi🥘Banc
    • 0.21 mi🥘Vatan
    • 0.21 mi🥘L & W Oyster Company
    • 0.21 mi🥘Coppola's
    • 0.22 mi🥘Moonstruck
    • 0.22 mi🍺Rattle n Hum
    • 0.22 mi🥘Juice
    • 0.22 mi☕️Idea Coffee
    • 0.22 mi🥘Kyo Chon Chicken
    • 0.22 mi🥘La Tarte Flambée
    • 0.23 mi🥘2nd Ave Deli
    • 0.23 mi🍺Van Diemens
    • 0.23 mi🥘ilili
    • 0.23 mi🥘Vino Tapa
    • 0.23 mi🥘Chipotle
    • 0.23 mi🥘Bao Bao Cafe
    • 0.24 mi☕️FIKA 34th Street
    • 0.24 mi🥘Le Parisien
    • 0.24 mi🥘Nomado
    • 0.24 mi🥘Bon Chon Chicken
    • 0.24 mi🥘Balloon
    • 0.24 mi🥘Minar
    • 0.24 mi🥘Cask
    • 0.24 mi🥘ViV
    • 0.25 mi🍺230 Fifth
    • 0.25 mi🥘Franchia
    • 0.26 mi🥘Pondicheri
    • 0.26 mi🥘Sunflower Diner
    • 0.26 mi☕️Starbucks
    • 0.26 mi☕️Starbucks
    • 0.27 mi🥘The Breslin
    • 0.27 mi🥘Eleven Madison Park
    • 0.27 mi🍺The Nomad
    • 0.27 mi🥘Woorijip
    • 0.28 mi🍺The NoMad Hotel Library Bar
    • 0.28 mi🥘Sweetgreen
    • 0.28 mi🥘The Smith
    • 0.28 mi🍺Mercury Bar
    • 0.28 mi🥘Wagamama
    • 0.28 mi🥘Ethos
    • 0.28 mi🍺Vin Sur Vingt
    • 0.28 mi🍺Flying Cock
    • 0.29 mi🥘John Dory Oyster Bar
    • 0.29 mi🚇RW28th Street
    • 0.29 mi☕️Starbucks
    • 0.29 mi🥘Blockheads
    • 0.29 mi🥘New WonJo
    • 0.29 mi🍺Heartland Brewery
    • 0.29 mi🥘DiDi Dumpling
    • 0.3 mi🍺Foley's
    • 0.3 mi🍺Toshi's Living Room
    • 0.3 mi🥘Hana Michi
    • 0.3 mi🚗Central Parking
    • 0.3 mi☕️FIKA 23rd Street
    • 0.31 mi☕️Chalait
    • 0.31 mi🍺Toshi's Penthouse
    • 0.31 mi🥘La Pecora Bianca
    • 0.31 mi🥘Babylon
    • 0.31 mi🥘Bareburger
    • 0.31 mi☕️Starbucks Coffee
    • 0.31 mi🥘Num Pang
    • 0.31 mi💪Evolution Muay Thai
    • 0.31 mi🥘Pio Pio
    • 0.31 mi🥘Talent
    • 0.31 mi🥘Marchi's
    • 0.32 mi🥘Galata
    • 0.32 mi🥘Izakaya NoMad
    • 0.32 mi🥘Seoul Garden
    • 0.32 mi🥘INDAY
    • 0.32 mi🥘Nana Sushi
    • 0.32 mi☕️Dunkin' Donuts
    • 0.32 mi🚇623rd Street
    • 0.32 mi🍺Joshua Tree
    • 0.32 mi🥘Maysville
    • 0.32 mi🌲Sniffen Court Historic District
    • 0.33 mi🥘Kang Suh Restaurant
    • 0.33 mi☕️Gramercy Star Cafe
    • 0.33 mi🥘Gaonnuri
    • 0.33 mi☕️Starbucks Coffee
    • 0.33 mi🥘Hill and Bay
    • 0.33 mi🥘Stix
    • 0.34 mi☕️Starbucks
    • 0.34 mi🍺ted's
    • 0.34 mi☕️Starbucks
    • 0.34 mi🍺Waterfront Ale House
    • 0.34 mi🍺Jack Demsey's
    • 0.34 mi☕️Starbucks
    • 0.34 mi🥘VERTS Mediterranean Grill
    • 0.35 mi🥘Latin American Restaurant
    • 0.35 mi🍺O'Reilly's Pub
    • 0.35 mi🥘Dig Inn Seasonal Market
    • 0.35 mi💪PopPhysique
    • 0.36 mi🥘Eataly
    • 0.36 mi🥘Maui Onion
    • 0.36 mi🍺La Bierria
    • 0.36 mi🍺The Ginger Man
    • 0.36 mi🍺O'Reileys
    • 0.37 mi🚇RW23th Street
    • 0.37 mi🥘Hill Country Barbecue Market
    • 0.37 mi🥘Baita by Birreria
    • 0.37 mi🥘Mulberry & Vine
    • 0.37 mi🍺Hog Pit NYC
    • 0.37 mi🍺Grey Bar & Restaurant
    • 0.38 mi🍺The Flatiron Room
    • 0.38 mi🥘Hanjan
    • 0.38 mi🥘Eataly
    • 0.38 mi☕️Starbucks
    • 0.38 mi🍺Flatiron Hall
    • 0.38 mi🥘Pizza Pub
    • 0.39 mi🥘Waldy's Woodfire Pizza & Penne
    • 0.39 mi🥘Melt Shop
    • 0.39 mi🥘Ruay
    • 0.39 mi☕️Starbucks
    • 0.4 mi🥘Baby Bo's Cantina
    • 0.4 mi🍺Rooftop Bar
    • 0.4 mi🥘Junoon
    • 0.4 mi🥘Sushiritto
    • 0.4 mi🥘EONS Greek Food for Life
    • 0.4 mi🥘Auntie Guan's Kitchen
    • 0.4 mi🚇PATH33rd Street
    • 0.41 mi🥘Notaro
    • 0.41 mi☕️Starbucks
    • 0.41 mi🥘Cafe China
    • 0.41 mi🥘Hyo Dong Gak
    • 0.41 mi🥘Gemini Diner
    • 0.42 mi🥘Chop Shop II
    • 0.42 mi🥘Hee Korean BBQ Grill
    • 0.42 mi🥘Tappo
    • 0.42 mi🥘Lyric Diner
    • 0.42 mi💪Uplift Studio
    • 0.42 mi🥘Duke's
    • 0.43 mi🥘Obica Mozzarella Bar
    • 0.43 mi☕️Moonstruck
    • 0.43 mi🥘El Rio Grande
    • 0.43 mi🥘Le Pain Quotidien
    • 0.43 mi☕️Koffeecake Corner
    • 0.43 mi💪Studio Anya
    • 0.43 mi🚇BDFMNQRW34th Street-Herald Square
    • 0.43 mi🍺Silverleaf Tavern
    • 0.43 mi🥘Rolf’s German Restaurant
    • 0.44 mi🥘Izakaya Mew
    • 0.44 mi☕️Maison Kayser
    • 0.44 mi🥘Sagaponack
    • 0.45 mi🍺Rouge
    • 0.45 mi🥘Cho Dang Gol
    • 0.45 mi🚌Free maison
    • 0.46 mi☕️Cafe R
    • 0.46 mi☕️Starbucks
    • 0.46 mi🥘Outback Steakhouse
    • 0.46 mi🥘Kofoo
    • 0.46 mi🥘Mari Vanna
    • 0.47 mi🥘Pizza Fresca
    • 0.47 mi🍺The Storehouse
    • 0.47 mi🥘Friedman's

    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. Gramercy’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 — $72 — 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 neighborhood’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 Park’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 City’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 Pete’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#

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