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Modernized Office Unit
For Lease
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280 Park Ave, New York, NY 10017

Office space within a comprehensively renovated Manhattan corporate complex near Grand Central Terminal.

Space Size4,463 SF
Days on Market54

Property Features for 280 Park Ave

General Information

Standard status Active
Size 4,463 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

new lobby with 25-foot-high ceilings
fully redeveloped entrances and plaza areas with abundant green space
interior atrium with museum-quality reflecting pool
new double height retail presence
redesigned floor-to-ceiling glass bridge building

Spaces For Lease

at 280 Park Ave
280 Park Ave AVAILABLE, Now
Floor 35
Size 4,463 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.
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Listing Agency: Vornado Realty Trust - Corporate
Listed By: Edward Riguardi
Source: Moodyscre
Added: Aug 13 Changed: Sep 10 Last Checked: Oct 4 at 8:49AM

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 Vornado Realty Trust - Corporate

Investment Insights

Based on property information with market context.

This 4,463-square-foot office unit is part of a fully modernized commercial complex at 280 Park Avenue. Property improvements include a redesigned lobby with 25-foot ceilings, updated entry and plaza areas, and an interior atrium featuring a reflecting pool.

The building occupies a prominent position along Park Avenue near Grand Central Terminal and includes retail components on both 48th and 49th Streets. A floor-to-ceiling glass bridge connects the complex, which encompasses 1.3 million square feet and incorporates landscaped outdoor areas.

Key Highlights

  • 4,463‑square‑foot office unit at 280 Park Avenue
  • Near Grand Central Terminal in Manhattan’s Park Avenue business corridor
  • Modernized lobby with 25‑foot‑high ceilings

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Nursing Home Buffet Butcher Pet Grooming Service

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

61,874
Businesses Nearby

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

Market

Lease Benchmarks for New York, NY

$48.84 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,878 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 units - Office space within a comprehensively renovated Manhattan corporate complex near Grand Central Terminal.
Where is this office units located?
The property is located at 280 Park Ave New York, NY.
What are key features of this property?
This property features: 4,463‑square‑foot office unit at 280 Park Avenue; Near Grand Central Terminal in Manhattan’s Park Avenue business corridor; Modernized lobby with 25‑foot‑high ceilings
(212) 894-7923 Call to check price and availability
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