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Furnished Office and Showroom Space
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432 Park Ave S, New York, NY

Fully furnished, wired office and showroom space available for rent.

Property Size9,800 SF
Lot Size0.19 Acres
Days on Market878

Property Features for 432 Park Ave S

General Information

Standard status Active
Size 9,800 SF
Lot size 0.19 Acres
Property subtype OFFICE
Listing Agency: Milsmith Real Estate Advisory Services
Listed By: Matthew Mummert
Source: Moodyscre
Added: Mar 5, 2024 Changed: Jul 6 Last Checked: Jul 22 at 4:05AM

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 Milsmith Real Estate Advisory Services

Investment Insights

Based on property information with market context.

This 9,800 square feet space features a full floor sublease with plug and play furniture systems and IT wiring. The layout is approximately 50% office space and 50% showroom. Existing furniture accommodates 26 people, with the potential to densify and seat 50 or more. The space includes private bathrooms, a full pantry with appliances, and a private reception area. Fifteen large windows overlook Park Avenue, while eleven windows face 29th Street, providing south east sun exposure. The unit has tenant-controlled HVAC and high-speed elevators. The building offers Cogent, Pilot Fiber, and Spectrum Fiber internet options and has an attended lobby.

Key Highlights

  • Fully furnished, wired, and ready full‑floor sublease for immediate occupancy.
  • Existing furniture accommodates 26, expandable to 50+.
  • Prime location with 26 large windows offering South East sun exposure and views of Park Ave and 29th Street.**

Property Analytics

Current Use

Office Units

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

61
Businesses Nearby

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 - Fully furnished, wired office and showroom space available for rent.
Where is this office units located?
The property is located at 432 Park Ave S New York, NY.
What are key features of this property?
This property features: Fully furnished, wired, and ready full‑floor sublease for immediate occupancy.; Existing furniture accommodates 26, expandable to 50+.; Prime location with 26 large windows offering South East sun exposure and views of Park Ave and 29th Street.**
(765) 376-9467 Call to check price and availability
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