What type of office space is available to lease at 245 Park Avenue?

The property includes 2 Office spaces located on 2 floors. Availabilities total 77,928 square feet of office space. The property offers Multi-Tenant commercial space. Of the availability currently listed in the building, available spaces include 2 sublease options.

Is 245 Park Avenue suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 1 office space under 5,000 square feet available.

Does 245 Park Avenue have enough space for a large business?

Yes, availabilities here could accommodate larger businesses with 2 office spaces larger than 10,000 square feet available for lease. The largest office size is 38,358 SF, located on floor 31. For a better understanding of how this space could work for you, reach out to schedule a tour.

Does 245 Park Avenue have parking?

Yes, the property offers 70 parking spaces with a parking ratio of 0.04 / 1,000 SF.

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

Divisible Space

37,563 - 37,563 SF

Available Date

Immediate

Renewal Option

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

Max Contiguous

38,358 SF

Available Date

Immediate

Renewal Option

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

• 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.

Map
Street

98/100 Walker's Paradise
100/100 Rider's Paradise
83/100 Very Bikeable

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Frequently Asked Questions

The property includes 2 Office spaces located on 2 floors. Availabilities total 77,928 square feet of office space. The property offers Multi-Tenant commercial space. Of the availability currently listed in the building, available spaces include 2 sublease options.
Yes, availabilities here may be suitable for small businesses with 1 office space under 5,000 square feet available.
Yes, availabilities here could accommodate larger businesses with 2 office spaces larger than 10,000 square feet available for lease. The largest office size is 38,358 SF, located on floor 31. For a better understanding of how this space could work for you, reach out to schedule a tour.
Yes, the property offers 70 parking spaces with a parking ratio of 0.04 / 1,000 SF.

245 Park Avenue

245 Park Avenue, New York, NY 10017

Property Information

Description

3 Spaces Available

28th Floor

31st Floor

Ground Floor

Contacts

Location

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

Nearby Listings

245 Park Avenue

277 Park Avenue

Helmsley Building

237 Park Avenue

Grand Central Square - 485 Lexington Avenue

Frequently Asked Questions

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