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

Office space within a redeveloped corporate complex with upgraded entrances, plaza areas, retail presence, and an interior atrium.

Property Size8,942 SF
Days on Market86

Property Features for 280 Park Ave

General Information

Standard status Active
Size 8,942 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

new lobby
plaza areas
interior atrium
reflecting pool
retail presence
glass bridge

Building Details

Building Size 1,300,000 SF
Listing Agency: Vornado Realty Trust - Corporate
Listed By: Edward Riguardi
Source: Moodyscre
Added: May 8 Changed: Jul 31 Last Checked: Aug 1 at 2:40AM

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.

This 8,942-square-foot office unit is located within a fully transformed and modernized 1.3 million-square-foot complex. Property improvements include a new lobby with 25-foot-high ceilings extending across the full block-front of Park Avenue, along with fully redeveloped entrances and plaza areas.

The complex includes an interior atrium with a reflecting pool, a double-height retail presence on both 48th and 49th Streets, and a redesigned floor-to-ceiling glass bridge integrating the property. The address is 280 Park Ave in Manhattan’s Park Avenue business corridor, at the North Passageway of Grand Central Terminal.

Key Highlights

  • 8,942‑square‑foot office unit within a 1.3 million‑square‑foot complex
  • New lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue
  • Fully redeveloped entrances and plaza areas

Property Analytics

Current Use

Office Units

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

87,472
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

$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 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 redeveloped corporate complex with upgraded entrances, plaza areas, retail presence, and an interior atrium.
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: 8,942‑square‑foot office unit within a 1.3 million‑square‑foot complex; New lobby with 25‑foot‑high ceilings extending the full block‑front of Park Avenue; Fully redeveloped entrances and plaza areas
(212) 894-7923 Call to check price and availability
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