Corporate Office Building with
For Lease
Contact for pricing
280 Park Ave, New York, NY 10017
Modernized office building features a redesigned lobby with 25-foot ceilings and an interior atrium with reflecting pool.
Property Size10,905 SF
Days on Market691
Property Features for 280 Park Ave
General Information
Standard status
Active
Size
10,905 SF
Property subtype
OFFICE
Amenities
new lobby with 25-foot-high ceilings
fully redeveloped entrances and plaza areas with abundant green space
interior atrium with a museum-quality reflecting pool
new double height retail presence
redesigned floor-to-ceiling glass bridge building
Listing Agency:
Vornado Realty Trust - Corporate
(212) 894-7923
Listed By:
Edward Riguardi
Source:
Moodyscre
Added: Sep 10, 2024
Changed: Jul 26
Last Checked: Jul 31 at 8:39AM
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 Vornado Realty Trust - Corporate
Investment Insights
Based on property information with market context.
280 Park Avenue is a modernized corporate office complex with a newly built lobby featuring 25-foot-high ceilings extending along the full block-front of Park Avenue. The transformation also includes fully redeveloped entrances and plaza areas with abundant green space, plus an interior atrium with a museum-quality reflecting pool.
Positioned at the North Passageway of Grand Central Terminal, the property is situated within Manhattan’s Park Avenue business corridor. The modernization also incorporates a redesigned floor-to-ceiling glass bridge building integrating the overall complex, along with a new double-height retail presence on both 48th and 49th Streets.
The asset’s improvements emphasize a large-scale, full-block presence with contemporary common areas and prominent pedestrian connectivity through its integrated design elements.
Positioned at the North Passageway of Grand Central Terminal, the property is situated within Manhattan’s Park Avenue business corridor. The modernization also incorporates a redesigned floor-to-ceiling glass bridge building integrating the overall complex, along with a new double-height retail presence on both 48th and 49th Streets.
The asset’s improvements emphasize a large-scale, full-block presence with contemporary common areas and prominent pedestrian connectivity through its integrated design elements.
Key Highlights
- Redesigned lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue
- Interior atrium featuring a museum‑quality reflecting pool
- Fully redeveloped entrances and plaza areas with abundant green space
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
87,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 10017, NY
17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value
Market
Lease Benchmarks for New York, NY
$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Modernized office building features a redesigned lobby with 25-foot ceilings and an interior atrium with reflecting pool.
Where is this office building located?
The property is located at 280 Park Ave New York, NY.
What are key features of this property?
This property features: Redesigned lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue; Interior atrium featuring a museum‑quality reflecting pool; Fully redeveloped entrances and plaza areas with abundant green space
