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High-Rise Office Building
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277 Park Ave, New York, NY 10172

A 50-story office structure built in 1964 with approximately 1,529,945 rentable square feet.

Space Size24,264 SF
Days on Market305

Property Features for 277 Park Ave

General Information

Standard status Active
Size 24,264 SF
Property subtype OFFICE
Lease Type Gross

Additional Details

Business Included No

Building Details

Year Built 1964
Stories 50

Spaces For Lease

at 277 Park Ave Contact us

277 Park Ave $165/SF/Yr

Floor
38
Size
24,264 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- A 50-story structure with approximately 1,529,945 rentable square feet, built in...
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Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Mark Boisi
Source: Moodyscre
Added: Nov 20, 2025 Changed: Sep 2 Last Checked: Sep 20 at 11:01AM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This property is a high-rise office building featuring 50 stories and approximately 1,529,945 rentable square feet. The building was constructed in 1964 and is offered for rent.

Located at 277 Park Ave in New York, the asset provides a large-scale office footprint within a multi-story commercial structure.

With its extensive rentable area and established office configuration, the building can accommodate businesses seeking a full high-rise presence for their operations.

Key Highlights

  • 50‑story office structure
  • Approximately 1,529,945 rentable SF
  • Built in 1964

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Buffet Parking Lot & Garage

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
$24.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

75,445
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
42,008 SF
Avg Space Size

This space is priced 205% above the average of $54.08 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A 50-story office structure built in 1964 with approximately 1,529,945 rentable square feet.
Where is this office building located?
The property is located at 277 Park Ave New York, NY.
What is the lease rate?
The lease rate is $165 SF/Yr.
What are key features of this property?
This property features: 50‑story office structure; Approximately 1,529,945 rentable SF; Built in 1964
(212) 318-9707 Call to check price and availability
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