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Renovated Retail and Lab-Ready Office
For Lease
Contact for pricing

345 Park Ave S, New York, NY 10010

Ground-floor retail with loft-style floors, 13- to 20-foot ceilings, and a private roof terrace as part of a full renovation.

Space Size27,500 SF
Days on Market1362

Property Features for 345 Park Ave S

General Information

Standard status Active
Size 27,500 SF
Property subtype OFFICE

Site & Location

Neighborhood Rose Hill

Additional Details

Clear Height 20 ft

Amenities

private roof terrace
penthouse with skylight
rent-by-the-bench lab facility

Spaces For Lease

at 345 Park Ave S
345 Park Ave S AVAILABLE, Now
Floor 7
Size 27,500 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 345 Park Avenue South features retail space on the ground. Loft-style floors, and feature 13- to 20-feet ceiling heights. The property also includes an 8,000-square-foot private roof terrace and a penthouse with a skylight. - This owner-occupied asset will be undergoing a full building renovation and both office and lab/life science users will be considered. Floors shall be delivered demolished with new building systems and a full concession package. For those needing lab/life science, ownership will deliver lab-ready shell space inclusive of all lab support rooms, hvac, plumbing, and electrical infrastructure upgrades, gas connections, and fume hoods. The building has 4 sides of light with expansive views north and south over park avenue south. Engineering report detailing infrastructure upgrades necessary to support laboratory use is available upon request. Upon completion of construction, the building will also feature a unique commercially available, rent-by-the-bench lab facility. Pricing upon request.
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Listing Agency: CBRE | Midtown Manhattan
Listed By: Paul J. Amrich
Source: Moodyscre
Added: Feb 8, 2023 Changed: Oct 25 Last Checked: Oct 30 at 3:49PM

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 CBRE | Midtown Manhattan

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Investment Insights

Based on property information with market context.

345 Park Avenue South offers retail space on the ground floor with loft-style floors and feature 13- to 20-foot ceiling heights. The building includes a private 8,000-square-foot roof terrace and a penthouse with a skylight.

The owner-occupied asset is undergoing a full building renovation and will consider both office and lab/life science users. Floors will be delivered demolished with new building systems and a full concession package. For lab/life science users, ownership will deliver lab-ready shell space including lab support rooms, HVAC, plumbing, and electrical infrastructure upgrades, gas connections, and fume hoods. An engineering report detailing infrastructure upgrades necessary to support laboratory use is available upon request. The building also features four sides of light with expansive north and south views over Park Avenue South, and upon completion will include a commercially available rent-by-the-bench lab facility.

Key Highlights

  • 345 Park Avenue South offers ground‑floor retail with loft‑style floors and 13- to 20‑foot ceiling heights.
  • Includes an 8,000‑square‑foot private roof terrace and a penthouse with a skylight.
  • Owner‑occupied asset with a full building renovation: delivered with floors demolished and new building systems.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Pet Grooming Service Nursing Home Butcher Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

49,216
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$51.45 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
41,254 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Ground-floor retail with loft-style floors, 13- to 20-foot ceilings, and a private roof terrace as part of a full renovation.
Where is this office building located?
The property is located at 345 Park Ave S New York, NY.
What are key features of this property?
This property features: 345 Park Avenue South offers ground‑floor retail with loft‑style floors and 13- to 20‑foot ceiling heights.; Includes an 8,000‑square‑foot private roof terrace and a penthouse with a skylight.; Owner‑occupied asset with a full building renovation: delivered with floors demolished and new building systems.
(212) 984-8122 Call to check price and availability
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