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Classical 12-Story Office Building
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373 Park Ave S, New York, NY 10016

12-floor office building at 373 Park Avenue South with northern and western views and flexible, full-floor plate options.

Property Size9,043 SF
Days on Market18

Property Features for 373 Park Ave S

General Information

Standard status Active
Size 9,043 SF
Property subtype OFFICE

Building Details

Stories 12
Construction classical
Listing Agency: Olmstead Properties, Inc.
Listed By: Steven H. Marvin
Source: Moodyscre
Added: Jul 17 Changed: Jul 26 Last Checked: Aug 2 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 Olmstead Properties, Inc.

Investment Insights

Based on property information with market context.

373 Park Avenue South is a 12-floor commercial office building offering classic early-1900s architecture with a terracotta facade. The building’s design includes a range of classical exterior details, and available configurations support flexible floorplate use.

Located on Park Avenue South between 27th and 26th Streets in Manhattan’s Flatiron District, the building is positioned to capture northern and western exposures, supporting bright office environments. Full-floor plate options are available at 8,732 SF.

As a sister property to 381 Park Avenue South, it reflects a consistent architectural approach while providing office space suited to organizations seeking adaptable floorplate sizes within the building.

Key Highlights

  • Two‑classical Park Avenue South office buildings in Manhattan’s Flatiron District: 381 Park Ave S and 373 Park Ave S
  • 381 Park Avenue South: 17 floors (16 plus PH) with 228,000 SF commercial office space
  • 373 Park Avenue South: 12 floors with 111,000 SF commercial office space

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Pet Grooming Service Locksmith Parking Lot & Garage

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

60,314
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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

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 - 12-floor office building at 373 Park Avenue South with northern and western views and flexible, full-floor plate options.
Where is this office building located?
The property is located at 373 Park Ave S New York, NY.
What are key features of this property?
This property features: Two‑classical Park Avenue South office buildings in Manhattan’s Flatiron District: 381 Park Ave S and 373 Park Ave S; 381 Park Avenue South: 17 floors (16 plus PH) with 228,000 SF commercial office space; 373 Park Avenue South: 12 floors with 111,000 SF commercial office space
(212) 564-2141 Call to check price and availability
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