Showroom and Office Corner
For Lease
Contact for pricing
505 Park Ave, New York, NY 10022
Corner showroom with lower-level high ceilings and office space in the Park Avenue design corridor.
Property Size2,900 SF
Days on Market751
Property Features for 505 Park Ave
General Information
Standard status
Active
Size
2,900 SF
Property subtype
RETAIL
Listing Agency:
Cushman & Wakefield | Midtown Manhattan
(212) 841-7831
Listed By:
Michael Azarian
Source:
Moodyscre
Added: Jul 11, 2024
Changed: Jul 26
Last Checked: Jul 30 at 1:38PM
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 Cushman & Wakefield | Midtown Manhattan
Investment Insights
Based on property information with market context.
Situated on a corner at Park Avenue and 59th, this combined showroom and office space is positioned within the home furnishing and design corridor. The offering includes a lower level selling area with high ceilings, supporting both display and client-facing use alongside office functionality.
This property is presented as a showroom/office opportunity for the high-end midtown office market, with all uses considered. Prospective tenants are encouraged to review the space configuration and confirm fit for their specific operational needs.
This property is presented as a showroom/office opportunity for the high-end midtown office market, with all uses considered. Prospective tenants are encouraged to review the space configuration and confirm fit for their specific operational needs.
Key Highlights
- Corner showroom on Park Avenue and 59th in the home furnishing and design corridor
- Includes showroom plus office space
- Lower level offers high ceilings
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
52,828
Businesses Nearby
Balanced
Demand for This Use
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
$53 /SF/Yr
Avg Asking Price
$38–$78 /SF/Yr
Price Range
5,056 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Showroom - Corner showroom with lower-level high ceilings and office space in the Park Avenue design corridor.
Where is this showroom located?
The property is located at 505 Park Ave New York, NY.
What are key features of this property?
This property features: Corner showroom on Park Avenue and 59th in the home furnishing and design corridor; Includes showroom plus office space; Lower level offers high ceilings
