Park Avenue Plaza

Off Market

55 East 52nd Street, New York, NY 10022

  • Office
  • General Office
  • 1,176,000 Sqft

Park Avenue Plaza, New York, NY 10022 - Office Space

Park Avenue Plaza is located at 55 East 52nd Street in the Central Midtown neighborhood, NY, New York, 10022. The Class A+ Office building was completed in 1981 and features a total of 1,176,000 Sqft.

There are 1,236 office spaces for lease in the Central Midtown neighborhood, totaling 14,303,494 Sqft of available office space. The office space availability for the 10022 zip code is 7,349,113 Sqft, in 601 office spaces. The average asking office rent per sq. ft. in Central Midtown is $64.1/sqft/year. For Class A+ office buildings the average office rate is $60.25/sqft/year, for Class A office buildings the average office rate is $74.61/sqft/year, for Class B office buildings the average office rate is $58.5/sqft/year, for Class C office buildings the average office rate is $59.75/sqft/year.

In Central Midtown, there are 46 class A+ office buildings. In Central Midtown, there are a total of 53 LEED certified office buildings. In 1981, the same year Park Avenue Plaza was built, 78 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 3,605,166 square feet of commercial space. At zip code level, there are 120 commercial properties, of which 119 are office buildings over 50,000 square feet.

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Details

  • City New York
  • Neighborhood Central Midtown
  • Zip Code 10022
  • Market Manhattan
  • Property Type Office - General Office
  • Property Size 1,176,000 Sqft
  • Lot Size 0.88 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A+
  • Year Built 1981
  • Date Updated 06 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Park Avenue Plaza?

Park Avenue Plaza totals 1,176,000 square feet.

When was this property built?

Park Avenue Plaza was built in 1981.

Central Midtown Demographics

The average household income in zip code 10022 is $248,983, from a total of 18,049 households. In terms of employment, there are 98.37 % white-collar and 1.63 % blue-collar jobs in zip code 10022.

Population

  • Total Population26,105
  • Male Population(47.7 %) 12,462
  • Female Population(52.3 %) 13,644
  • Median Age40.00

Income/Financial

  • Average Household Income$163,065
  • Median Household Income$113,170
  • Median Income Under 25$54,826
  • Median Income 25-44$143,454
  • Median Income 45-64$114,920
  • Median Income Over 65$57,233