Office Building with 25-Foot
For Lease
Contact for pricing
280 Park Ave, New York, NY 10017
Modernized office building at Grand Central’s Park Avenue passageway, featuring a newly redeveloped 25-foot-high lobby.
Property Size8,601 SF
Days on Market85
Property Features for 280 Park Ave
General Information
Standard status
Active
Size
8,601 SF
Property subtype
OFFICE
Amenities
new lobby with 25-foot-high ceilings
redeveloped entrances and plaza areas with abundant green space
interior atrium with a museum-quality reflecting pool
new double height retail presence on both 48th and 49th Streets
redesigned floor-to-ceiling glass bridge building
Building Details
Building Size
1,300,000 SF
Listing Agency:
Vornado Realty Trust - Corporate
(212) 894-7923
Listed By:
Edward Riguardi
Source:
Moodyscre
Added: May 8
Changed: Jul 29
Last Checked: Jul 31 at 1:43PM
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 fully modernized office complex with a new lobby featuring 25-foot-high ceilings that extend along the full block-front of Park Avenue. The transformation also includes redeveloped entrances and plaza areas with abundant green space, along with an interior atrium and a museum-quality reflecting pool.
The property is prominently located at the North Passageway of Grand Central Terminal, placing it directly on the Park Avenue business corridor. A redesigned floor-to-ceiling glass bridge building integrates the full complex, which totals 1.3 million square feet, and the redevelopment includes a new double-height retail presence on both 48th and 49th Streets.
Overall, the asset combines upgraded common areas with a retail component and an integrated circulation concept through its glass bridge, supporting a corporate tenancy at a major Manhattan transportation hub.
The property is prominently located at the North Passageway of Grand Central Terminal, placing it directly on the Park Avenue business corridor. A redesigned floor-to-ceiling glass bridge building integrates the full complex, which totals 1.3 million square feet, and the redevelopment includes a new double-height retail presence on both 48th and 49th Streets.
Overall, the asset combines upgraded common areas with a retail component and an integrated circulation concept through its glass bridge, supporting a corporate tenancy at a major Manhattan transportation hub.
Key Highlights
- Modernized office building at Grand Central’s Park Avenue passageway.
- New 25‑foot‑high lobby with ceilings extending the full block front on 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Modernized office building at Grand Central’s Park Avenue passageway, featuring a newly redeveloped 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: Modernized office building at Grand Central’s Park Avenue passageway.; New 25‑foot‑high lobby with ceilings extending the full block front on Park Avenue.; Fully redeveloped entrances and plaza areas with abundant green space.
