251 Park Ave S, New York, NY 10010

Building Details

Year Built

1909

Spaces For Lease

at 251 Park Ave S Contact us

Listing office The Feil Organization

Listing date Mar 15, 2022

Source Crexi

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Overview

Located in Manhattan’s Flatiron District, near Union Square and Gramercy Park, 251 Park Avenue South is a 16-story commercial building. Completed in 1909, this 120,000 square foot prewar building features a light stone tile facade and large glass windows. The building offers 12-foot ceilings through the lower floors and ceilings reaching 16 feet on the upper floors. A major renovation program is planned for the property, including the building’s windows, lobby, elevators, and mechanical systems. Pre-built suites will also be designed. The Park Avenue South area is a hub for Technology, Advertising, Media, and Information (TAMI) tenants and is known for its retailers and dining destinations, such as the Old Town Bar and Restaurant, Pete’s Tavern, and Shake Shack. Nearby are Baruch College, Gramercy Park Hotel, the Metropolitan Life Insurance Tower, the Flatiron Building, Cabrini Medical Center, and Gramercy, Union Square, and Madison Square Parks. Long-term tenants in the building include Maharam, a fabric design company occupying more than 20,000 square feet of office space, and Santander Bank, occupying retail store space.

Suggested Use

Storage Facility Shopping Center & Mall Car Rental Facility Bed & Breakfast Arcade & Gaming Center Mobile Phone Store Locksmith Supermarket Adult Day Care Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New York

County

New York

State

New York

Longitude

-73.9826

Latitude

40.7386

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FAQs

What type of property is this?

Office building - Commercial building in a vibrant, active office market.

Where is this office building located?

The property is located at 251 Park Ave S New York, NY.

What are key features of this property?

This property features: Prime location in the highly desirable Flatiron District/Union Square/Gramercy Park area.; Planned major renovation program including windows, lobby, elevators, and mechanical systems.; High ceilings, ranging from 12 feet on lower floors to **16 feet on upper floors**.