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Midtown Office Share Opportunity
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99 Park Ave, New York, NY 10016

Class A office space available for sublease in Midtown.

Space Size200 SF - 26,410 SF
Property Size500,000 SF
Days on Market1881

Property Features for 99 Park Ave

General Information

Standard status Active
Size 200 SF - 26,410 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 500,000 SF
Year Built 1953
Tenancy Multiple

Spaces For Lease

at 99 Park Ave Contact us

8th

Type
Office
Lease Type
Full Service
Availability
Active
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Floor 25

Size
200 SF
Type
Office
Lease Type
Full Service
Availability
Active
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Floor 14

Size
26,410 SF
Type
Office
Availability
Active
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Unit 1700

Size
6,850 SF
Type
Office
Availability
Active
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Unit 1840

Size
2,650 SF
Type
Office
Availability
Active
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Unit 310

Size
10,870 SF
Type
Office
Availability
Active
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Unit 320

Size
4,750 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Capital Real Estate Advisors Inc
Listed By: Chris Salizzoni · License #NY 10311206024
Source: Crexi
Added: Jun 18, 2021 Changed: Aug 8 Last Checked: Aug 8 at 11:36AM

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 Capital Real Estate Advisors Inc

Investment Insights

Based on property information with market context.

Located in Midtown, this Class A office share at 99 Park Avenue offers sublease opportunities on the 25th floor. The space includes 1 to 8 offices, with pricing at $1,500 per office. Situated two blocks from Grand Central Terminal, the location provides convenient access. Immediate possession is available. The sublease includes internet, electric, utilities, and HVAC. A flexible term is offered, up to 3 years. Shared amenities include use of a secretarial area, kitchen, and conference room. The building is a Class A property featuring a turnstyle attended lobby.

Key Highlights

  • Prime Midtown Location: Just 2 blocks from Grand Central Terminal.
  • All‑Inclusive Rent: $1,500 per office includes internet, electric, utilities, and HVAC.
  • Flexible Lease Term: Available for terms up to 3 years.

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

91,796
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

$47.92 /SF/Yr
Avg Asking Price
$11.91–$109 /SF/Yr
Price Range
12,508 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space available for sublease in Midtown.
Where is this office units located?
The property is located at 99 Park Ave New York, NY.
What is the lease rate?
The lease rate is $8,400/Mo per office.
What are key features of this property?
This property features: Prime Midtown Location: Just 2 blocks from Grand Central Terminal.; All‑Inclusive Rent: $1,500 per office includes internet, electric, utilities, and HVAC.; Flexible Lease Term: Available for terms up to 3 years.
More about this property
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