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Renovated Loft Office Building
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215 Park Ave S, New York, NY 10003

20-story loft office building with renovated lobby, new elevators, updated corridors, bathrooms, and tenant-controlled air conditioning.

Property Size17,255 SF
Days on Market428

Property Features for 215 Park Ave S

General Information

Standard status Active
Size 17,255 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

Updated lobby
New corridors
Restrooms
ENERGY STAR label
Tenant-controlled air conditioning

Building Details

Year Built 1914
Stories 20
Listing Agency: SL Green Realty Corp - Corporate
Listed By: Gary M. Rosen
Source: Moodyscre
Added: May 30, 2025 Changed: Jul 29 Last Checked: Jul 31 at 3:06AM

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

Investment Insights

Based on property information with market context.

215 Park Avenue South is a 20-story loft-style office building featuring original bay windows on the upper floors and a copper cornice. The property has undergone recent renovations that include an updated lobby, new elevators, new corridors, and new restrooms, and it carries an ENERGY STAR label. Tenant-controlled air conditioning is also in place, and the space is described as move-in condition, with new corridor and bathrooms.

The building is located at the corner of 18th Street and Park Avenue South, positioned between Union Square Park and Gramercy Park. It is surrounded by dining and boutique retail options, and it is noted as being near Union Square Park and a major subway hub.

Architecturally, the tower is described as rising from a base, shaft, and capital arrangement with restrained Beaux Arts detailing, along with especially notable copper bays on the upper four floors that provide natural light and views.

Key Highlights

  • 20‑story loft office building at the corner of 18th Street and Park Avenue South
  • Renovated building systems and common areas include updated lobby, new elevators, and new corridors
  • New bathrooms and a recent interior refresh with tenant‑controlled air conditioning

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Nursing Home Auto Parts Store Buffet Adult Day Care Pet Grooming Service Locksmith

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

42,972
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
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

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

What type of property is this?
Office building - 20-story loft office building with renovated lobby, new elevators, updated corridors, bathrooms, and tenant-controlled air conditioning.
Where is this office building located?
The property is located at 215 Park Ave S New York, NY.
What are key features of this property?
This property features: 20‑story loft office building at the corner of 18th Street and Park Avenue South; Renovated building systems and common areas include updated lobby, new elevators, and new corridors; New bathrooms and a recent interior refresh with tenant‑controlled air conditioning
(212) 216-1687 Call to check price and availability
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