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Office Building with 25-Foot Lobby
For Lease
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280 Park Ave, New York, NY 10017

Modernized office building with a new 25-foot-high lobby and redeveloped entrances and plaza areas.

Space Size8,587 SF
Days on Market125

Property Features for 280 Park Ave

General Information

Standard status Active
Size 8,587 SF
Property subtype OFFICE

Additional Details

Clear Height 25 ft

Amenities

lobby with 25-foot-high ceilings
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

Spaces For Lease

at 280 Park Ave Contact us

280 Park Ave

Floor
43
Size
8,587 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, On Available Date
Sublease
No
- 280 Park Avenue is one of Manhattan's premier corporate addresses, prominently...
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Listing Agency: Vornado Realty Trust - Corporate
Listed By: Edward Riguardi
Source: Moodyscre
Added: May 8 Changed: Aug 8 Last Checked: Sep 8 at 11:27AM

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.

280 Park Avenue is a modernized office building positioned at the North Passageway of Grand Central Terminal. The property has undergone a full transformation and modernization, including a new lobby with 25-foot-high ceilings that extends the full block-front of Park Avenue.

Additional improvements include fully redeveloped entrances and plaza areas with abundant green space, an interior atrium with a museum-quality reflecting pool, and a redesigned double-height retail presence on both 48th and 49th Streets. A redesigned floor-to-ceiling glass bridge building integrates the entire 1.3 million square foot complex, connecting the complex as a unified campus.

Key Highlights

  • New 25‑foot‑high lobby extending the full block‑front of Park Avenue
  • Fully redeveloped entrances and plaza areas with abundant green space
  • Interior atrium featuring a museum‑quality reflecting pool

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Clothing & Fashion Store 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

25 ft
Clear height
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

Market

Lease Benchmarks for New York, NY

$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
36,348 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 - Modernized office building with a new 25-foot-high lobby and redeveloped entrances and plaza areas.
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 25‑foot‑high lobby extending the full block‑front of Park Avenue; Fully redeveloped entrances and plaza areas with abundant green space; Interior atrium featuring a museum‑quality reflecting pool
(212) 894-7923 Call to check price and availability
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