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    215 Park Ave S New York, NY 10016

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    For Lease
    Contact for pricing

    Character-filled office space with renovated lobby, elevators, and bathrooms.

    Property size:
    5,508 SF
    Lot size:
    0.33 Acres

    Property Features for 215 Park Ave S

    General Information

    Size
    5,508 SF
    Lot size
    0.33 Acres

    Source: SL Green Realty Corp - Corporate Agent Gary M. Rosen

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

    Overview

    Renovated Office Space Near Union Square

    Located at the corner of 18th Street and Park Avenue South, 215 Park Avenue South is situated between Union Square Park and Gramercy Park. Designed by Maynicke & Franke, pioneers of modern loft buildings in New York City, the 20-story building was constructed in 1914 and features a copper cornice. The building's architecture includes a base, shaft, and capital, with Beaux Arts detailing and copper bays on the upper four floors that provide natural light and views. The property has a renovated lobby, new elevators, new corridors, and new bathrooms. The building also has tenant-controlled air conditioning. A new prebuilt unit is available, along with new corridors and bathrooms. The property is near Union Square Park and a major subway hub. The available office space is 5508 square feet. The building is surrounded by restaurants and boutique shops. Original bay windows on the upper floors offer views. The building has an ENERGY STAR label.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.9885248
    Latitude
    40.7369182

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    FAQs

    What type of property is this?
    Office space - Character-filled office space with renovated lobby, elevators, and bathrooms.
    Where is this office space located?
    The property is located at 215 Park Ave S New York, NY.
    What are key features of this property?
    This property features: - Prime location between Union Square Park and Gramercy Park, surrounded by top restaurants and boutique shops.; - Recently renovated with **updated lobby, new elevators, corridors, and restrooms.**; - **Original bay windows on upper floors offering dramatic views.**
    (212) 594-2700
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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
    215 Park Ave S New York, NY 10016
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