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    257-267 Park Ave S New York, NY 10010

    For Lease
    Contact for pricing

    Office building with restored ceilings, near Union and Madison Square.

    Property size:
    12,954 SF
    Lot size:
    0.27 Acres

    Property Features for 257-267 Park Ave S

    General Information

    Size
    12,954 SF
    Lot size
    0.27 Acres

    Source: The Feil Organization - Corporate Agent Rob Fisher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Park Avenue South Office Space

    The building features a spacious lobby with restored sculpted ceilings and new elevator cabs. It is located in close proximity to Union Square, Madison Square, and Gramercy Parks. The building provides a concierge desk, 24/7 access, and security cameras. The location is surrounded by popular dining destinations such as the Old Town Bar and Restaurant, Pete’s Tavern, Shake Shack, Union Square Cafe, and Gramercy Tavern. The property offers 12,954 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9872688
    Latitude
    40.738626

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    FAQs

    What type of property is this?
    Office building - Office building with restored ceilings, near Union and Madison Square.
    Where is this office building located?
    The property is located at 257-267 Park Ave S New York, NY.
    What are key features of this property?
    This property features: - Prime location near Union Square, Madison Square, and Gramercy Parks; - Enjoy 24/7 access and the added security of cameras; - Concierge desk
    (212) 563-6557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    257-267 Park Ave S New York, NY 10010
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