Office Building with 25-Foot
For Lease
Contact for pricing
280 Park Ave, New York, NY 10017
Modernized corporate tower at Grand Central’s north passageway, featuring a redesigned, 25-foot-high lobby.
Property Size8,918 SF
Days on Market424
Property Features for 280 Park Ave
General Information
Standard status
Active
Size
8,918 SF
Property subtype
OFFICE
Listing Agency:
Vornado Realty Trust - Corporate
(212) 894-7923
Listed By:
Edward Riguardi
Source:
Moodyscre
Added: Jun 4, 2025
Changed: Jul 27
Last Checked: Jul 31 at 5:40AM
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 prominently positioned Manhattan office building at the North Passageway of Grand Central Terminal, designed as a high-profile corporate address on the Park Avenue business corridor. The property has undergone a complete transformation and modernization, including a new lobby with 25-foot-high ceilings extending along the full block-front of Park Avenue, along with fully redeveloped entrances and plaza areas with abundant green space.
Additional improvements include an interior atrium with a museum-quality reflecting pool, a redesigned floor-to-ceiling glass bridge building integrating the complex, and a new double-height retail presence on both 48th and 49th Streets.
Additional improvements include an interior atrium with a museum-quality reflecting pool, a redesigned floor-to-ceiling glass bridge building integrating the complex, and a new double-height retail presence on both 48th and 49th Streets.
Key Highlights
- Full property transformation and modernization by Vornado and its joint venture partner
- New lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue
- Fully redeveloped entrances and plaza areas with abundant green space
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 corporate tower at Grand Central’s north passageway, featuring a redesigned, 25-foot-high lobby.
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: Full property transformation and modernization by Vornado and its joint venture partner; New lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue; Fully redeveloped entrances and plaza areas with abundant green space
