brandsquarefoot

500 Park Avenue

Midtown East

New York, NY 10022

  • 18,795 - 19,683 sqft
  • inquire for pricing

Building Details

  • Floors40
  • Height466 feet
  • ArchitectPolshek Partnership Architects, LLP
  • Walk Score®98
  • Year Built1984
  • Noise Index0.53

500 Park Avenue sits in the heart of Midtown South. The building boasts a stellar post-war design, floor to ceiling glass dividers, and a recently-renovated lobby. 500 Park Avenue was constructed in 1984 and stands 40 floors high.
500 Park Avenue offers access to the epicenter of the world economy. Midtown South is, by many estimates, the busiest and most prestigious commercial district in the world. Local attractions include Madison Square Park and the Empire State Building. Though it has a commercial focus, the area also offers a great deal in terms of food, transportation, and nightlife. One of our favorites here at TheSquareFoot is Keens Steakhouse. Nothing quite like a post-work sirloin to kick off the weekend.

  • Not what you're looking for?

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

  • Availability

    UnitSizePriceInquire
    10th Floor18,795 sqftInquire for pricing
    6th Floor19,683 sqftInquire for pricing
    • 0.13 mi☕️Starbucks
    • 0.13 mi🚇45659th Street
    • 0.14 mi🥘Palace
    • 0.15 mi🚇NRW59th Street-Lexington Avenue
    • 0.15 mi☕️Ninth Street Espresso
    • 0.16 mi🥘Harry Cipriani
    • 0.17 mi☕️Starbucks
    • 0.18 mi🚇NRW5th Avenue – 59th Street
    • 0.18 mi🥘Aquavit
    • 0.18 mi🥘The Fitz
    • 0.19 mi☕️pick a bagel
    • 0.19 mi☕️Juan Valdez
    • 0.19 mi☕️Little Collins
    • 0.2 mi🥘CoolMess
    • 0.21 mi☕️Starbucks Coffee
    • 0.22 mi🥘Little Collins
    • 0.23 mi🥘Chipotle
    • 0.24 mi🚇F QLexington Avenue-63rd Street
    • 0.24 mi🍺Bill's Gay Nineties
    • 0.25 mi☕️Starbucks
    • 0.27 mi☕️Juice Press
    • 0.27 mi🥘Le Botaniste
    • 0.28 mi🚗Alpha Garage
    • 0.29 mi🥘Serendipity 3
    • 0.29 mi🥘Joe's Shanghai
    • 0.3 mi☕️Starbucks
    • 0.3 mi🥘Serendipity 3
    • 0.3 mi🥘P.J. Clarke’s
    • 0.3 mi🥘Daniel
    • 0.3 mi☕️Dancing Crane Cafe
    • 0.31 mi🥘Burger Heaven
    • 0.31 mi☕️Le Pain Quotidien
    • 0.31 mi☕️Dunkin' Donuts
    • 0.32 mi☕️FIKA 58th Street
    • 0.32 mi🚇EM53rd Street-Lexington Avenue
    • 0.33 mi🥘Le Pain Quotidien
    • 0.33 mi🥘Mangia
    • 0.33 mi🥘Betony
    • 0.33 mi🚇EM53rd Street-5th Avenue
    • 0.33 mi🥘Tony's
    • 0.33 mi🥘Five Guys
    • 0.34 mi☕️FIKA 52 & LEX
    • 0.34 mi🥘Hillstone
    • 0.35 mi🥘La Bonne Soupe
    • 0.35 mi🥘Four Seasons
    • 0.36 mi🥘Menkui Teu
    • 0.36 mi🥘Il Corso
    • 0.36 mi🥘Beyond Sushi
    • 0.36 mi🥘Rue 57
    • 0.36 mi🥘Benoit
    • 0.37 mi🍺Cassidy’s
    • 0.37 mi🥘Mozzarella & Vino
    • 0.37 mi☕️Starbucks
    • 0.37 mi🚇F57th Street
    • 0.37 mi🍺Whiskey Trader
    • 0.37 mi🥘Bistro Milano
    • 0.38 mi🥘The Modern - The Bar Room
    • 0.38 mi🥘Wayfarer
    • 0.38 mi🍺Connolly's
    • 0.39 mi🚌bus m101
    • 0.39 mi☕️Jamba Juice
    • 0.4 mi🍺21 Club
    • 0.41 mi🥘Hudson Malone
    • 0.41 mi☕️Starbucks
    • 0.41 mi🚇651st Street
    • 0.41 mi🥘Angelo Bellini
    • 0.41 mi🥘Fogo de chao
    • 0.42 mi🥘Bill's Bar & Burger
    • 0.42 mi🥘Le Parker Meridien Burger
    • 0.43 mi💪Equinox
    • 0.43 mi🥘Maloney & Porcelli
    • 0.44 mi☕️Starbucks
    • 0.44 mi🍺Nall's Irish Pub & Restaurant
    • 0.45 mi🌲Fourteen Honey Locusts Park
    • 0.45 mi🥘Bill's Bar & Burger
    • 0.46 mi🥘The National
    • 0.46 mi🥘New York Luncheonette

    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

    Internet Providers

    ProviderTypeMin Download SpeedMax Upload Speed

    Similar Office Spaces

    Nearby

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