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Midtown Office Building For Rent
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505 Park Avenue, New York, NY 10022

22-story office building in Midtown with 175,171 square feet.

Space Size1,689 SF - 13,058 SF
Property Size199,575 SF
Days on Market358

Property Features for 505 Park Avenue

General Information

Standard status Active
Size 1,689 SF - 13,058 SF
Class Class A
Property subtype 8/20/2026

Building Details

Building Size 199,575 SF
Year Built 1949

Spaces For Lease

at 505 Park Avenue Contact us

Partial 12th Suite A/B

Size
4,267-8,195 SF
Rate
Contact for pricing
Lease Type
Gross
Sublease
No
Contact us

Partial 3rd

Size
4,888 SF
Rate
Contact for pricing
Lease Type
Gross
Sublease
No
Contact us

Entire 10th $65/SF/Yr

Size
13,058 SF
Lease Type
Gross
Sublease
No
Contact us

Entire 11th $65/SF/Yr

Size
13,058 SF
Lease Type
Gross
Sublease
No
Contact us

Partial 5th $65/SF/Yr

Size
4,360 SF
Lease Type
Gross
Sublease
No
Contact us

Partial 6th $65/SF/Yr

Size
1,689 SF
Lease Type
Gross
Sublease
No
Contact us
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Justin Royce
Source: Cushmanwakefield
Added: Sep 10, 2025 Changed: Aug 31 Last Checked: Sep 2 at 1:36PM

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 Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This 22-story office building, constructed in 1949, offers approximately 175,171 rentable square feet of space.

Key Highlights

  • 22‑story structure.
  • Approximately 175,171 rentable square feet.
  • Built in 1949.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Nursing Home

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

49,964
Businesses Nearby

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

Market

Lease Benchmarks for New York, NY

$57.69 /SF/Yr
Avg Asking Price
$37–$98 /SF/Yr
Price Range
42,394 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 22-story office building in Midtown with 175,171 square feet.
Where is this office building located?
The property is located at 505 Park Avenue New York, NY.
What are key features of this property?
This property features: 22‑story structure.; Approximately 175,171 rentable square feet.; Built in 1949.
More about this property
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