Listing Agency: CBRE | Midtown Manhattan p***@cbre.com Show Phone

Listed By: Paul Amrich Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 20 at 2:13AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Located in the heart of the Plaza District, 450 Park Avenue occupies a rectangular parcel on the west side of Park Avenue and on the south side of East 57th Street. The property offers office space for rent and has a size of 40823 square feet.

Key Highlights

• Located in the heart of the Plaza District.
• Address: 450 Park Avenue.
• Rectangular parcel.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

60,948

Businesses Nearby

Explore this area Business Placement

Demographics for 10022, NY

36,708

Population

25,686

Households

1.4

Avg Household Size

45

Median Age

84%

College-Educated

98%

High-School Grad

0.4 sq mi

ZIP Area

91,770

Density / Sq Mi

$171,038

Median Household Income

$119,657

Median Earnings

$2,928

Median Rent

$1,116,700

Median Home Value

Market

Lease Benchmarks for New York, NY

$52.42 /SF/Yr

Avg Asking Price

$4.17–$240 /SF/Yr

Price Range

5,627 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent in the heart of Plaza District.

Where is this office units located?

The property is located at 450 Park Avenue New York, NY.

What are key features of this property?

This property features: Located in the heart of the Plaza District.; Address: 450 Park Avenue.; Rectangular parcel.