Corner Showroom and Office
For Lease
Contact for pricing
505 Park Ave, New York, NY 10022
Corner retail showroom with an office component, featuring a lower level selling area with high ceilings.
Property Size4,000 SF
Days on Market751
Property Features for 505 Park Ave
General Information
Standard status
Active
Size
4,000 SF
Property subtype
RETAIL
Space & Availability
Floor
Lower level
Space Use
Office
Listing Agency:
Cushman & Wakefield | Midtown Manhattan
(212) 841-7831
Listed By:
Michael Azarian
Source:
Moodyscre
Added: Jul 11, 2024
Changed: Jul 29
Last Checked: Jul 30 at 12:39PM
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 corner showroom and office space offers a combined layout suitable for businesses that need both sales presence and professional work space. The lower level includes a selling area with high ceilings, creating a more open feel for displaying merchandise or supporting customer traffic.
Located at 505 Park Ave, the property sits at the intersection of Park Avenue and 59th within the home furnishing and design corridor, positioning it for the high-end midtown office market.
The space is presented with flexible use in mind, with all uses considered.
Located at 505 Park Ave, the property sits at the intersection of Park Avenue and 59th within the home furnishing and design corridor, positioning it for the high-end midtown office market.
The space is presented with flexible use in mind, with all uses considered.
Key Highlights
- Corner retail showroom on Park Avenue and 59th
- Includes an office component
- Lower level selling area with high ceilings
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
52,828
Businesses Nearby
Balanced
Demand for This Use
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
Market
Lease Benchmarks for New York, NY
$53 /SF/Yr
Avg Asking Price
$38–$78 /SF/Yr
Price Range
5,056 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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- Kilim Couture New York — 4615 Center Blvd unit 3706, Queens, NY 11109
Frequently Asked Questions
What type of property is this?
Showroom - Corner retail showroom with an office component, featuring a lower level selling area with high ceilings.
Where is this showroom located?
The property is located at 505 Park Ave New York, NY.
What are key features of this property?
This property features: Corner retail showroom on Park Avenue and 59th; Includes an office component; Lower level selling area with high ceilings
