Rent Office 245 Park Avenue

Rent Sublease Office - 245 Park Ave

$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Rent Coworking Office
Type of Space Class A Class B Class C
Windowed office/person $ 2,000/mo $ 1,250/mo $ 750/mo
Interior office/person $ 1,250/mo $ 750/mo $ 500/mo

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue $ 55 1,800 $ 8,250
Madison Ave & East 40th Street $ 58 1,800 $ 8,692
E 42nd St & Madison Avenue $ 60 2,200 $ 11,059
E 45th St & Lexington Avenue $ 76 2,400 $ 15,140
Park Ave & East 45th Street $ 80 1,700 $ 11,372
Lexington Ave & East 41st Street $ 57 2,100 $ 9,975
Lexington Ave & East 42nd Street $ 63 1,500 $ 7,896
Lexington Ave & East 44th Street $ 55 1,600 $ 7,333
Third Ave & East 46th Street $ 74 2,100 $ 12,906
Third Ave & East 46th Street $ 63 1,900 $ 9,927
Address $ / SF SF Monthly Rent
Vanderbilt Ave & Between East 42nd Street $ 251 7,100 $ 148,330
Park Ave & East 40th Street $ 73 5,600 $ 33,926
E 42nd St & Lexington Avenue $ 58 6,500 $ 31,416
Madison Ave & East 41st Avenue $ 85 6,300 $ 44,467
Madison Ave & East 44th Street $ 86 7,200 $ 51,840
Lexington Ave & East 42nd Street $ 60 6,900 $ 34,686
Fifth Ave & East 44th Street $ 79 6,700 $ 44,108
Fifth Ave & East 45th Street $ 73 7,400 $ 44,831
Madison Ave & East 40th Street $ 55 3,600 $ 16,387
Lexington Ave & East 41st Street $ 55 8,400 $ 38,500
E 42nd St & Madison Avenue $ 65 2,800 $ 15,096
Third Ave & East 42nd Street $ 65 4,200 $ 22,610
Address $ / SF SF Monthly Rent
E 42nd St & Third Avenue $ 60 19,800 $ 98,752
Madison Ave & East 40th Street $ 58 12,200 $ 58,915
E 42nd St & Madison Avenue $ 60 12,300 $ 61,833
Third Ave & East 42nd Street $ 65 18,700 $ 100,668
Madison Ave & East 44th Street $ 71 14,400 $ 84,929
E 44th St & East 44th Street $ 60 17,800 $ 89,482
Park Ave & East 45th Street $ 80 10,400 $ 69,571
Park Ave & East 46th Street $ 50 19,900 $ 82,916
Lexington Ave & East 43rd Street $ 66 11,300 $ 62,620
Lexington Ave & East 42nd Street $ 68 10,900 $ 61,766
Address $ / SF SF Monthly Rent
E 41st St & Fifth Avenue $ 33 1,700 $ 4,621
Madison Ave & East 39th Street $ 54 1,900 $ 8,550
Madison Ave & East 41st Avenue $ 50 2,300 $ 9,583
Fifth Ave & East 42nd Street $ 55 1,300 $ 5,958
E 43rd St & Third Avenue $ 33 1,200 $ 3,262
Madison Ave & East 40th Street $ 38 1,900 $ 5,937
Madison Ave & East 40th Street $ 34 1,300 $ 3,696
Address $ / SF SF Monthly Rent
E 40th St & Park Avenue $ 39 2,600 $ 8,450
E 41st St & Fifth Avenue $ 39 4,000 $ 12,875
Madison Ave & East 39th Street $ 51 2,700 $ 11,475
Madison Ave & East 41st Avenue $ 50 2,600 $ 10,833
Lexington Ave & East 41st Street $ 49 5,600 $ 22,866
E 39th St & Fifth Avenue $ 42 2,600 $ 9,100
Madison Ave & East 41st Avenue $ 56 2,500 $ 11,604
E 45th St & Third Avenue $ 36 4,300 $ 12,765
Fifth Ave & East 42nd Street $ 55 3,300 $ 15,125
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42 12,100 $ 41,971
Madison Ave & East 40th Street $ 38 16,400 $ 51,250
Madison Ave & East 40th Street $ 47 11,100 $ 43,706
Madison Ave & Between East 44th Street $ 64 16,400 $ 88,013
Address $ / SF SF Monthly Rent
Fifth Ave & East 39th Street $ 39 2,100 $ 6,825
Lexington Ave & Between East 39th Street $ 52 1,500 $ 6,500
E 39th St & Fifth Avenue $ 38 1,200 $ 3,800
E 41st St & Between 5th Avenue $ 59 1,800 $ 8,899
Address $ / SF SF Monthly Rent
E 44th St & Fifth Avenue $ 35 2,500 $ 7,291
E 44th St & Madison Avenue $ 45 2,700 $ 10,125
Address $ / SF SF Monthly Rent

Rent Nearby Coworking Office

Type of Space Class A Class B Class C
Windowed office/person $ 2,000/mo $ 1,250/mo $ 1,000/mo
Interior office/person $ 1,250/mo $ 750/mo $ 500/mo

Retail Spaces for Rent

Address $ / SF SF Monthly Rent
E 42nd St & Madison Avenue $ 51 400 $ 1,690
Seventh Ave & West 49th Street $ 425 700 $ 24,812
Barclay St & Between Church Street $ 190 600 $ 9,484
Address $ / SF SF Monthly Rent
Madison Ave & East 41st Avenue $ 301 1,700 $ 42,698
E 57th St & Lexington Avenue $ 77 1,200 $ 7,680
Broadway & West 68th Street $ 114 1,900 $ 18,056
Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue $ 59 4,700 $ 23,265
Park Ave & East 40th Street $ 121 2,100 $ 21,245
E 42nd St & Second Avenue $ 80 4,500 $ 30,000
Address $ / SF SF Monthly Rent
W 45th St & Avenue of the Americas $ 67 900 $ 5,026
W 38th St & Between West 37th Street $ 85 500 $ 3,529
W 29th St & West 29th Street $ 61 800 $ 4,046
Address $ / SF SF Monthly Rent
E 44th St & Third Avenue $ 61 1,000 $ 5,058
E Broadway & Madison Avenue $ 71 1,500 $ 8,837
E 56th St & Lexington Avenue $ 45 1,600 $ 5,960
Address $ / SF SF Monthly Rent
E 44th St & Third Avenue $ 61 6,000 $ 30,700
E 46th St & Fifth Avenue $ 133 2,000 $ 22,233
Fifth Ave & East 49th Street $ 73 2,500 $ 15,291
Address $ / SF SF Monthly Rent
E 50th St & Between 2nd Avenue $ 47 900 $ 3,552
W 46th St & Fifth Avenue $ 60 800 $ 4,023
E 40th St & Madison Avenue $ 191 400 $ 6,356
Address $ / SF SF Monthly Rent
Third Ave & East 50th Street $ 77 1,700 $ 10,965
Lexington Ave & Between East 38th Street $ 49 1,700 $ 6,991
First Ave & East 49th Street $ 62 2,000 $ 10,315
Address $ / SF SF Monthly Rent
E 47th St & Madison Avenue $ 41 2,500 $ 8,635
E 39th St & Fifth Avenue $ 72 3,000 $ 18,112
W 38th St & Between West 38th Street $ 105 2,800 $ 24,500

Rent Medical Space

Address $ / SF SF Monthly Rent
Third Ave & East 41st Street $ 70 1,000 $ 5,833
Second Ave & East 42nd Street $ 68 1,500 $ 8,500
E 56th St & Madison Avenue $ 49 1,400 $ 5,716
Address $ / SF SF Monthly Rent
Third Ave & East 41st Street $ 75 3,100 $ 19,375
Second Ave & East 42nd Street $ 45 3,300 $ 12,375
Fifth Ave & East 38th Street $ 46 4,200 $ 16,100
Address $ / SF SF Monthly Rent
Third Ave & East 41st Street $ 75 7,000 $ 43,750
E 57th St & Park Avenue $ 74 5,800 $ 35,766
E 60th St & Park Avenue South $ 90 13,600 $ 102,000
Address $ / SF SF Monthly Rent
E 44th St & Third Avenue $ 55 1,300 $ 5,958
E 46th St & Fifth Avenue $ 55 1,100 $ 5,041
Madison Ave & East 49th Street $ 60 2,600 $ 13,000
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 60 3,000 $ 15,000
E 46th St & Fifth Avenue $ 36 4,800 $ 14,400
W 51st St & Avenue of the Americas $ 65 4,300 $ 23,291
Address $ / SF SF Monthly Rent
Fifth Ave & West 47th Street $ 65 6,400 $ 34,666
Lexington Ave & East 41st Street $ 59 5,600 $ 27,533
W 45th St & Avenue of the Americas $ 46 5,000 $ 19,166
Address $ / SF SF Monthly Rent
E 47th St & Madison Avenue $ 45 2,500 $ 9,375
W 46th St & Fifth Avenue $ 58 1,500 $ 7,250
E 40th St & Madison Avenue $ 64 2,000 $ 10,666
Address $ / SF SF Monthly Rent
E 61st St & Between Park Avenue $ 69 3,500 $ 20,125
Broadway & West 53rd Street $ 48 3,300 $ 13,200
E 31st St & Between 2nd Avenue $ 48 3,000 $ 12,000
Address $ / SF SF Monthly Rent
E 32nd St & Between Lexington Avenue $ 55 5,500 $ 25,208
W 45th St & Eleventh Avenue $ 32 14,000 $ 37,333
E 72nd St & Between 1st Avenue $ 65 6,800 $ 36,833
245 Park Avenue nyc
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Lease 245 Park Avenue

Rent 245 Park Avenue Property Overview

Bulding Address: 245 Park Ave
Building Name: 245 Park Avenue
Building Alternate address: 245 Park Ave
Zip Code:10167
Neighborhood:Grand Central
Borough:Manhattan
Stories:45
Year Built:1966
Building Class:A
Block & lot:01301-0001


245 Park Avenue, located in Manhattan, NYC, is a prominent office building known as the American Brands Building. It was built in 1966 and has undergone significant renovations, including a major repositioning to enhance its status as a prime corporate address.

The building spans two acres, occupying the entire block between 46th and 47th Streets, and is one of the few structures in New York City to have its own zip code. Its design features a six-story podium with a façade of iridescent bronze-glazed terra cotta, evoking the style of an Italian palazzo.

245 Park Avenue is situated just blocks from Grand Central Terminal, offering convenient access to transportation. The building has been recognized for its architectural and corporate significance, contributing to the transformation of Park Avenue into a distinguished corporate corridor.

Notably, 245 Park Avenue was sold for a record $2.21 billion, marking a significant transaction in the history of commercial real estate in Manhattan.

245 Park Avenue, New York, NY 10167, is a prominent office building in Midtown Manhattan. Known as the American Brands Building, it was constructed in 1966 and features 45 stories. The building offers approximately 1,586,876 square feet of office space.

Designed by Emery Roth & Sons, the building boasts a distinctive façade and modern amenities, including a stylish lobby and state-of-the-art elevators. It is located on a full square block at the foot of Park Avenue, making it a prestigious address for businesses.

The building has undergone renovations, with the most recent alterations completed in 2011. It is classified as an Office Only building with or without Commercial spaces.


245 Park Avenue in Manhattan, NYC, offers a range of modern amenities that enhance the business experience for its tenants. The building features a stylish and welcoming lobby with a unified material palette of white oak, Italian white marble, and rich bronze accents. State-of-the-art elevators ensure smooth vertical transportation, while high-speed internet connectivity guarantees seamless communication.

A reinvigorated amenity program includes the 245 Park Club, a wellness center available to tenants. The building also offers a café and lounge, providing a comfortable space for relaxation and networking. At the roof, a multi-use pavilion and manicured landscaping reminiscent of a traditional English garden offer ample indoor and outdoor space, supporting a variety of functions day and night.

The building's prime location near Grand Central Terminal and its prestigious address make it a coveted destination for businesses seeking a distinguished presence in Midtown Manhattan.


245 Park Avenue in Manhattan, NYC, is a prestigious office building hosting a diverse range of tenants. Notable tenants include major financial institutions like Ares Management Corporation, The Norinchukin Bank, and Societe Generale. Global investment firms such as Angelo, Gordon & Co. and Blackstone Inc. are also present, alongside leading law firms like Brunswick Group and Jones Lang LaSalle. Multinational corporations including RTL Group and Amazon.com Inc. have chosen this location for their offices. Additionally, Verition Group, a leading hedge fund, has recently expanded its footprint in the building.


Internet providers available at 245 Park Ave, Manhattan, NYC, typically include:

  • Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing.
  • Spectrum: Provides widespread coverage with speeds up to 1 Gbps.

245 Park Avenue, Manhattan, NYC

Location: 245 Park Avenue is located in the heart of Manhattan, New York City.

Cross Streets: The building is situated between East 46th Street and East 47th Street.

Transportation Options

  • Subway: The nearest subway station is Grand Central-42 St, accessible via the 4, 5, 6, 7, and S trains.
  • Bus: Nearby bus stops include Madison Ave @ 47th St, Lexington Ave & E 48th St, and Madison Av/E 46 St, served by routes BM2, BM5, M101, M2, and M4.
  • Taxi: Taxis are readily available throughout Manhattan.

Internet Providers at 245 Park Avenue

Internet Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber 10 Gb/s 10 Gb/s
Level 3 Communications Fiber 10 Gb/s 10 Gb/s
Cablevision/Lightpath Fiber 10 Gb/s 10 Gb/s
Cogent Communications Fiber 10 Gb/s 10 Gb/s

Lempert Brothers Intl USA. Testimonial

Lempert Brothers Intl USA. testimonial To Whom It May Concern: We had the pleasure of working with Stephen Sunderland months ago when we were in search of new office space for our growing company. He was of great assistance with all the questions we had about today's real estate market. HisRead more

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About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.
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Optimal Spaces specializes in negotiating deals for tenants, ensuring savings of 15-20% compared to what tenants could achieve on their own.

Finding the perfect commercial space in New York is essential, and we understand its importance. Our services encompass a wide range of commercial available spaces, including office, educational, industrial, retail, medical, and loft spaces.

Looking for the perfect office space in New York City? Our tenant brokerage specializes in finding tailored solutions for businesses across various industries, including accounting, construction, hedge funds, hotel groups, jewelry, media, nonprofits, technology, trade businesses, and wholesale. Whether you're seeking a prime location in the Financial District, a creative hub for your media team, or a high-security space for your jewelry business, we've got you covered. Our expert team understands the unique needs of each industry and works tirelessly to match you with a space that fits your vision, budget, and operational requirements. Let us simplify your office search and help your business thrive in the heart of New York!
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