Office Building with Double-Height
For Lease
Contact for pricing
280 Park Ave, New York, NY 10017
Modernized office building with a new lobby at the North Passageway of Grand Central Terminal.
Space Size8,942 SF
Days on Market598
Property Features for 280 Park Ave
General Information
Standard status
Active
Size
8,942 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Midtown Manhattan
Spaces For Lease
at 280 Park Ave
280 Park Ave - East Tower
AVAILABLE, On Available Date
Floor
22
Size
8,942 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- 280 Park Avenue is one of Manhattan's premier corporate addresses, prominently located at the North Passageway of Grand Central Terminal, the bulls eye of the exclusive Park Avenue business corridor.
- Vornado and its joint venture partner have completed a full property transformation and modernization, including a new lobby with 25-foot-high ceilings extending the full block-front of Park Avenue.
- Other highlights include fully redeveloped entrances and plaza areas with abundant green space, an interior atrium with a museum-quality reflecting pool, a new double height retail presence on both 48th and 49th Streets and a redesigned floor-to-ceiling glass bridge building integrating the entire 1.3 million square foot complex.
Contact us
Listing Agency:
SL Green Realty Corp - Corporate
(212) 594-2700
Listed By:
Zach Freeman
(212) 216-1748
Source:
Moodyscre
Added: Mar 5, 2025
Changed: Oct 5
Last Checked: Oct 23 at 10:40AM
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 SL Green Realty Corp - Corporate
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Investment Insights
Based on property information with market context.
280 Park Avenue is a modernized office building positioned at the North Passageway of Grand Central Terminal in Manhattan’s Park Avenue business corridor. The property size is listed as 10,641 SF.
The transformation includes a new lobby with 25-foot-high ceilings extending the full block-front of Park Avenue. Building entrances and plaza areas have been fully redeveloped with abundant green space, and an interior atrium features a museum-quality reflecting pool.
Additional upgrades include a redesigned floor-to-ceiling glass bridge that integrates the entire 1.3 million square foot complex, along with a new double height retail presence on both 48th and 49th Streets.
The transformation includes a new lobby with 25-foot-high ceilings extending the full block-front of Park Avenue. Building entrances and plaza areas have been fully redeveloped with abundant green space, and an interior atrium features a museum-quality reflecting pool.
Additional upgrades include a redesigned floor-to-ceiling glass bridge that integrates the entire 1.3 million square foot complex, along with a new double height retail presence on both 48th and 49th Streets.
Key Highlights
- New lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue
- Interior atrium with a museum‑quality reflecting pool
- Double height retail presence on both 48th and 49th Streets
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
61,874
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New York, NY
$53.75 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
41,112 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Modernized office building with a new lobby at the North Passageway of Grand Central Terminal.
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: New lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue; Interior atrium with a museum‑quality reflecting pool; Double height retail presence on both 48th and 49th Streets
