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    432 Park Ave S New York, NY 10016

    For Lease
    Contact for pricing

    Fully furnished, wired office and showroom space available for rent.

    Property size:
    9,800 SF
    Lot size:
    0.19 Acres

    Property Features for 432 Park Ave S

    General Information

    Size
    9,800 SF
    Lot size
    0.19 Acres

    Source: Milsmith Real Estate Advisory Services Agent Matthew Mummert

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

    Overview

    Furnished Office and Showroom Space

    This 9,800 square feet space features a full floor sublease with plug and play furniture systems and IT wiring. The layout is approximately 50% office space and 50% showroom. Existing furniture accommodates 26 people, with the potential to densify and seat 50 or more. The space includes private bathrooms, a full pantry with appliances, and a private reception area. Fifteen large windows overlook Park Avenue, while eleven windows face 29th Street, providing south east sun exposure. The unit has tenant-controlled HVAC and high-speed elevators. The building offers Cogent, Pilot Fiber, and Spectrum Fiber internet options and has an attended lobby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Food Market Grocery Store Clothing 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
    -73.9836536
    Latitude
    40.7442156

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    FAQs

    What type of property is this?
    Office space - Fully furnished, wired office and showroom space available for rent.
    Where is this office space located?
    The property is located at 432 Park Ave S New York, NY.
    What are key features of this property?
    This property features: - Fully furnished, wired, and ready full-floor sublease for immediate occupancy.; - Existing furniture accommodates 26, expandable to 50+.; - **Prime location with 26 large windows offering South East sun exposure and views of Park Ave and 29th Street.**
    (765) 376-9467
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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
    432 Park Ave S New York, NY 10016
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