Office Building with
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280 Park Ave, New York, NY 10017
Modernized lobby, fully redeveloped entrances and plaza areas, and an interior atrium with a reflecting pool.
Property Size11,567 SF
Days on Market227
Property Features for 280 Park Ave
General Information
Standard status
Active
Size
11,567 SF
Property subtype
OFFICE
Amenities
new lobby with 25-foot-high ceilings
abundant green space
interior atrium with reflecting pool
double height retail presence
floor-to-ceiling glass bridge
Listing Agency:
Vornado Realty Trust - Corporate
(212) 894-7923
Listed By:
Edward Riguardi
Source:
Moodyscre
Added: Dec 17, 2025
Changed: Jul 27
Last Checked: Jul 31 at 11:58AM
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 complex featuring a newly transformed lobby with 25-foot-high ceilings extending along the block-front of Park Avenue. The property also includes fully redeveloped entrances and plaza areas with abundant green space, along with an interior atrium and a museum-quality reflecting pool.
The complex is located at the North Passageway of Grand Central Terminal and is described as part of an address aligned with the exclusive Park Avenue business corridor. The redevelopment includes a double-height retail presence on both 48th and 49th Streets and a redesigned floor-to-ceiling glass bridge building intended to integrate the overall 1.3 million square foot complex.
For tenant needs, the building presents a large-scale, redeveloped campus-style setting with new pedestrian-facing retail and connections designed to unify the full property.
The complex is located at the North Passageway of Grand Central Terminal and is described as part of an address aligned with the exclusive Park Avenue business corridor. The redevelopment includes a double-height retail presence on both 48th and 49th Streets and a redesigned floor-to-ceiling glass bridge building intended to integrate the overall 1.3 million square foot complex.
For tenant needs, the building presents a large-scale, redeveloped campus-style setting with new pedestrian-facing retail and connections designed to unify the full property.
Key Highlights
- Located at the North Passageway of Grand Central Terminal on Park Avenue
- Vornado and partner completed a full property transformation and modernization
- New lobby features 25‑foot‑high ceilings extending the full block‑front of Park Avenue
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
87,472
Businesses Nearby
Explore this area
Business Placement
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
$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Modernized lobby, fully redeveloped entrances and plaza areas, and an interior atrium with a reflecting pool.
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: Located at the North Passageway of Grand Central Terminal on Park Avenue; Vornado and partner completed a full property transformation and modernization; New lobby features 25‑foot‑high ceilings extending the full block‑front of Park Avenue
