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245 Park Ave
New York, NY 10167 Midtown East

Rate Upon Request

Office For Lease  •  36,071+ SF

Property Details

  • Property Type Office
  • Year Built 1967
  • Total Building Size 1,754,500 SF
  • Tenancy Multiple
  • Building Class A
  • Zoning C5-3
100 Transit Score
96 Walk Score

6 Spaces Available

Name Space Use Size Rent Details
23rd Floor Ste 2300 Office 36,071 SF Rate Upon Request 
Possession Arranged. Ownership is embarking on a redevelopment of the building which includes: a new lobby, plaza redesign, new terracotta Park Avenue façade, new windows, elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, golf and F1 simulators, various food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Dec 2026
  • Lease term: 10 Years
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 225,586 SF
24th Floor Ste 2400 Office 37,969 SF Rate Upon Request 
Possession Arranged. Ownership is embarking on a redevelopment of the building which includes: a new lobby, plaza redesign, new terracotta Park Avenue façade, new windows, elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, golf and F1 simulators, various food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Dec 2026
  • Lease term: 10 Years
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 225,586 SF
25th Floor Ste 2500 Office 37,998 SF Rate Upon Request 
Possession Arranged. Ownership is embarking on a redevelopment of the building which includes: a new lobby, plaza redesign, new terracotta Park Avenue façade, new windows, elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, golf and F1 simulators, various food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Dec 2026
  • Lease term: 10 Years
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 225,586 SF
26th Floor Ste 2600 Office 37,998 SF Rate Upon Request 
Possession Arranged. Ownership is embarking on a redevelopment of the building which includes: a new lobby, plaza redesign, new terracotta Park Avenue façade, new windows, elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, golf and F1 simulators, various food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Dec 2026
  • Lease term: 10 Years
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 225,586 SF
27th Floor Ste 2700 Office 37,987 SF Rate Upon Request 
Ownership is embarking on a redevelopment of the building which includes: a new lobby, plaza redesign, new terracotta Park Avenue façade, new windows, elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, various food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Now
  • Lease term: 10 Years
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 225,586 SF
28th Floor Ste 2800 Office 37,563 SF Rate Upon Request 
Ownership is embarking on a redevelopment of the building which includes: a new lobby, plaza redesign, new terracotta Park Avenue façade, new windows, elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, golf and F1 simulators, various food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Now
  • Lease term: 10 Years
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Relet
  • In Contiguous block: 225,586 SF

Description 

245 Park Avenue is located in Midtown Manhattan on a full square block at the foot of Park Avenue, the 1965 building is the first in a series of modern corporate headquarters that transformed the Avenue into one of the most distinguished corporate corridors in the world. Constructed of glazed brick, glass and steel with an outdoor plaza for employee and community use. Within a short walk, tenants can find Bryant Park, One Vanderbilt, and the Fifth Avenue shopping corridor. Additionally, reaching the property is made simple by proximity to Grand Central Station, with convenient access to Metro North, LIRR, and the S, 4, 5, 6, and 7 subway lines.

Highlights

245 Park Avenue is a premier 5-Star office tower spanning 45 stories with stunning city views.
Tenants benefit from convenient access to Metro North, LIRR, and the S, 4, 5, 6, and 7 subway lines.
The building offers fully built-out office floors, as well as shell space for custom TIs.
CapEx being invested into the building brings a new lobby, plaza redesign, new state-of-the-art health and wellness amenities, and so much more.

Property Flyers

Amenities

  • 24 Hour Access
  • Banking
  • Bus Line
  • Commuter Rail
  • Food Service
  • Metro/Subway
  • Energy Star Labeled

Major Tenants

Tenant SF Occupied Lease End Date
Angelo, Gordon & Co. 113,375 SF 10/23/2026
Ares Real Estate Management Holdings LLC 98,330 SF 5/31/2026
Houlihan Lokey 148,232 SF 3/30/2034
Jpmorgan Chase 48,095 SF 10/31/2022
National Australia Bank 38,383 SF
Rabobank International 109,646 SF 9/30/2026
Societe Generale 488,227 SF
The Norinchukin Bank 38,383 SF
The Rockefeller Foundation 74,320 SF 10/31/2022
Verition Fund Management 38,102 SF 3/31/2027

Public Transportation

Commuter RailDriveWalkDistance
Grand Central (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road) 1 min 1 min 0.1 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 5 min 0.3 mi
Transit/SubwayDriveWalkDistance
51 Street (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Grand Central-42 Street (4 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway)) 0 min 6 min 0.3 mi
Lexington Avenue-53 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Grand Central-42 St (42 St Shuttle - MTA New York City Transit) 1 min 7 min 0.4 mi
5 Avenue-Bryant Park (7 - New York MTA Subway (The Subway)) 1 min 9 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 16 min - 7.3 mi
Newark Liberty International 21 min - 14.9 mi
John F Kennedy International 25 min - 16.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Bruce Mosler 212-841-7900 Cushman & Wakefield
Bruce Mosler 212-841-7900 Cushman & Wakefield