345 Park Avenue

Off-Market

345 Park Avenue, New York, NY 10154

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 1,836,415 SF
  • Lot Size 1.87 Acre
  • Parking Spaces Avail. 146
  • Parking Ratio 0.08 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A+
  • Year Built 1969

Location

Getting Around

  • Walk Score ® 98/100 Walker's Paradise
  • Transit Score ® 100/100 Rider's Paradise
  • Bike Score ® 83/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Central Midtown
  • Zip Code 10154
  • Market Manhattan

Points of Interest

East 51st Street & Lexington Avenue at Northwest Corner

0.06 miles

East 51st Street & Lexington Avenue at Southwest Corner

0.07 miles

East 53rd Street & Lexington Avenue at Southeast Corner

0.09 miles

Grand Central

0.49 miles

Hunterspoint Avenue (7)

1.68 miles

96th Street

2.23 miles

96th Street & 2nd Avenue at Southwest Corner

2.23 miles

Allen St & Houston St

2.59 miles

110th Street

2.94 miles

East Broadway (F)

3.17 miles

ChargePoint

0.04 miles

ChargePoint

0.28 miles

ChargePoint

0.30 miles

Bus Charging Station

0.72 miles

ChargePoint

0.96 miles

ChargePoint

1.53 miles

Tesla Supercharger

1.62 miles

Blink

1.69 miles

Citgo

2.51 miles

Blink

3.01 miles

20th Century Garage

0.39 miles

icon 24hr Parking

0.68 miles

24 Hour Parking

0.89 miles

iClean

1.06 miles

Motorgate Public Parking Garage

1.46 miles

LaGuardia Community College Parking Lot

2.01 miles

Edison ParkFast

3.00 miles

Cielo Garage

5.21 miles

Concourse Plaza Garage

5.39 miles

Rapid Park

5.91 miles

Doubletree by Hilton Hotel Metropolitan

0.11 miles

Broadway @ Times Square Hotel

0.57 miles

Residence Inn New York Manhattan / Central Park

0.68 miles

Jazz on Columbus Circle Hostel

0.77 miles

Econo Lodge

0.83 miles

Equity Point

0.83 miles

Murray Hill Marquis

0.92 miles

nyma

1.04 miles

The Hotel @ New York City

1.08 miles

The Local NY

1.42 miles

Wokuni

0.66 miles

Kosher in Midtown

0.88 miles

Food Gallery 32

1.01 miles

The Pennsy Food Hall

1.16 miles

Uncle Jack's

1.25 miles

Sabor A Mexico II

1.29 miles

Pizza Suprema

1.31 miles

Mercado Little Spain

1.55 miles

Manhattan Indian Flavor

1.69 miles

Panera Bread

1.84 miles

CUNY Graduate School and University Center

0.88 miles

Rockefeller University

0.90 miles

Weill Cornell Medical College

1.04 miles

American Academy of Dramatic Arts

1.08 miles

CUNY School of Professional Studies

1.14 miles

John Jay College of Criminal Justice

1.22 miles

Kaufman Hall - Fashion Institute of Technology

1.43 miles

NYU College of Dentistry

1.43 miles

The New School

1.79 miles

Parsons School of Design

1.91 miles

NY Kids Club

1.17 miles

Metrokids Preschool

3.35 miles

Carousel Children's Center

4.46 miles

Friends of Crown Heights Educational Center

4.80 miles

CitiTots

4.86 miles

Created By Kids

5.20 miles

Le Paradis des Anges

5.33 miles

Alonzo A. Daughtry Memorial Daycare Center

5.34 miles

Magic Moments Academy

5.36 miles

The Tiny Scientist

5.51 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in New York

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in New York Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $0.00
  • 2021 Office Vacancy Rate 0.00%
  • 2021 Office Completions (SF)
View more New York market trends

Frequently Asked Questions

What is the total square footage of 345 Park Avenue?

345 Park Avenue totals 1,836,415 square feet.

When was this property built?

345 Park Avenue was built in 1969.

What is the property tax for 345 Park Avenue?

The property tax for 345 Park Avenue in 2022-2023 was $42,598,712.

What is the market value for 345 Park Avenue?

The market value* for 345 Park Avenue in 2022-2023 was $889,196,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Property Tax in 2022-2023 $42,598,712
  • Market Value* $889,196,000
  • Assessed Value $889,196,000

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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