White-Box Office
For Lease
Contact for pricing
499 Park Ave, New York, NY 10022
Office building at 499 Park is slated for demolition and white-boxing, with potential tenant improvement or installation support.
Space Size4,430 SF
Days on Market801
Property Features for 499 Park Ave
General Information
Standard status
Active
Size
4,430 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Midtown Manhattan
Amenities
Central Park and Southern Park views
Spaces For Lease
at 499 Park Ave
499 Park Ave
AVAILABLE, Now
Floor
17
Size
4,430 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- 499 Park is a sleek prism of polished black glass that provides a contemporary counterpoint to the classic residential buildings lining Park Avenue. Located on Park at the corner of 59th Street, the building is on one of New York’s most desirable corners and is at the center of a prestigious commercial and retail districts. Designed by I.M. Pei to provide a premium office environment to high-end commercial tenants, 499 Park is the newest office building north of 45th Street on Park Avenue and remains the destination for many world-class tenants.
- To be demolished and white-boxed. Landlord can offer a new building installation or tenant improvement allowance. Central Park and Southern Park views.
Contact us
Listing Agency:
CBRE | Midtown Manhattan
(212) 984-8000
Listed By:
Paul J. Amrich
(212) 984-8122
Source:
Moodyscre
Added: Aug 23, 2024
Changed: Oct 25
Last Checked: Nov 1 at 5:46AM
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 CBRE | Midtown Manhattan
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Investment Insights
Based on property information with market context.
499 Park is an office building featuring polished black glass and was designed by I.M. Pei. The space is being prepared for occupancy, as the building is slated to be demolished and white-boxed, with the landlord able to offer either a new building installation or a tenant improvement allowance.
The property is located on Park Avenue at the corner of 59th Street, with stated views of Central Park and Southern Park.
The property is located on Park Avenue at the corner of 59th Street, with stated views of Central Park and Southern Park.
Key Highlights
- 499 Park office building at Park Avenue and 59th Street is slated for demolition and white‑boxing
- Landlord can offer a tenant improvement allowance or a new building installation
- Designed by I.M. Pei to provide a premium office environment for high‑end commercial tenants
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
49,964
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
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Market
Lease Benchmarks for New York, NY
$51.45 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
41,254 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office building at 499 Park is slated for demolition and white-boxing, with potential tenant improvement or installation support.
Where is this office building located?
The property is located at 499 Park Ave New York, NY.
What are key features of this property?
This property features: 499 Park office building at Park Avenue and 59th Street is slated for demolition and white‑boxing; Landlord can offer a tenant improvement allowance or a new building installation; Designed by I.M. Pei to provide a premium office environment for high‑end commercial tenants
