245 Park Avenue

245 Park Avenue, New York, NY 10017

Property Information

  • For Lease Contact for pricing
  • Property Type Office - General Office
  • Property Size 1,754,500 SF
  • Lot Size 1.87 Acre
  • Parking Spaces Avail. 70
  • Parking Ratio 0.04 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A+
  • Year Built 1966
  • Date Updated May 7, 2026

Description

245 Park Avenue is a premier office building in Central Midtown, spanning over 1.7 million square feet on a 1.87-acre lot. This Class A+ property boasts LEED Gold certification, reflecting its commitment to sustainability and energy efficiency. The building features 68 parking spaces with a parking ratio of 0.04, ensuring on-site convenience for tenants and visitors.

The surrounding Central Midtown neighborhood offers unmatched connectivity and amenities. Grand Central Terminal is just steps away, with multiple entrances within 0.1 miles, while other transit options like 5th Avenue and Lexington Avenue–53rd Street stations are within walking distance. Dining options such as Bobby Van's Steakhouse and Urbanspace Vanderbilt are less than 0.1 miles away, catering to a variety of tastes. Nearby hotels, including the InterContinental New York Barclay and Hotel Boutique, provide convenient accommodations within a 0.1-mile radius.

3 Spaces Available

28th Floor

Space Type

General Office

Lease Rate

Contact for pricing

Total Space

37,563 SF

Floor

28

Divisible Space

37,563 - 37,563 SF

Available Date

Immediate

Renewal Option

No

Sublease

Yes

Sublease Expiry

Nov 30, 2034

Built, 2nd generation space

31st Floor

Space Type

General Office

Lease Rate

Contact for pricing

Total Space

38,358 SF

Floor

31

Max Contiguous

38,358 SF

Available Date

Immediate

Renewal Option

No

Sublease

Yes

Sublease Expiry

Nov 30, 2040

Build Type

Raw

Delivered in raw condition with full concessions package • Excellent credit sublandlord • Food amenities Cala Scarpetta & L'ami Pierre on premises 

Ground Floor

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

2,007 SF

Divisible Space

2,007 - 2,007 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

• New jewel box retail, situated at the base of 480 Lexington/245 Park, which is undergoing a $300MM capital renovation

• Substantial outdoor seating potential

• High foot & vehicle traffic area

• Excellent exposure on prime retail corner

Frontage: 98'7"

Contacts

Tara Stacom

Cushman & Wakefield

Harry F. Blair

Cushman & Wakefield

Justin Royce

Cushman & Wakefield

Pierce Hance Jr.

Cushman & Wakefield

Ronald T. Lo Russo

Cushman & Wakefield

Zach Freeman

SL Green Realty

David M. Kaufman

SL Green Realty

Liza Schwartz

SL Green Realty

Bruce E. Mosler

Cushman & Wakefield

Marc Sitt

Kassin Sabbagh Realty

Dorel Melloul

Kassin Sabbagh Realty

Albert J. Manopla

Kassin Sabbagh Realty

Location

Located at 245 Park Avenue, New York, NY 10017, this property is part of the Central Midtown neighborhood and Manhattan market.

Contact 245 Park Avenue
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