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    237 Park Ave New York, NY 10016

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    For Lease
    Contact for pricing

    21-story office building with 17,959 SF available for rent.

    Property size:
    17,959 SF
    Lot size:
    1.29 Acres

    Property Features for 237 Park Ave

    General Information

    Size
    17,959 SF
    Lot size
    1.29 Acres

    Source: Cushman & Wakefield | Midtown Manhattan Agent Ethan Silverstein

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

    Overview

    Office Space on Park Avenue

    This 21-story office building, constructed in 1981, offers approximately 1,142,196 rentable square feet. The available space is 17,959 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Daycare Center Auto Repair Shop Gym & Fitness

    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
    -73.987661
    Latitude
    40.737688

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    FAQs

    What type of property is this?
    Office building - 21-story office building with 17,959 SF available for rent.
    Where is this office building located?
    The property is located at 237 Park Ave New York, NY.
    What are key features of this property?
    This property features: - Approximately 1,142,196 rentable square feet.; - A 21-story high-rise building.; - Established building, built in 1981.
    (212) 841-7500
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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
    237 Park Ave New York, NY 10016
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