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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

4 Spaces Available

Name Space Use Size Rent Details
23rd Floor Ste Office 36,071 SF Rate Upon Request
•	Rare large block of space on Park Avenue
•	150,036 RSF across floors 23-26
•	Floors to be delivered fully built and furnished
•	Strong credit sublandlord
•	Direct extension possible 
•	Floors can be leased separately or together 
•	Floor by Floor Breakdown
o	Entire 26: 114 workstations, 22 offices, 8 conference rooms 
o	Entire 25: 65 workstations, 32 offices, 9 conference rooms
o	Entire 24: 91 workstations, 30 offices, 5 conference rooms
o	Entire 23: 186 workstations, 21 offices, 3 conference rooms

•	Comprehensive building redevelopment which includes a plaza redesign, new lobby, new Park Avenue façade, new windows, new elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Apr 2027
  • Lease term: None
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Sublet
  • In Contiguous block: 150,036 SF
24th Floor Ste Office 37,969 SF Rate Upon Request
•	Rare large block of space on Park Avenue
•	150,036 RSF across floors 23-26
•	Floors to be delivered fully built and furnished
•	Strong credit sublandlord
•	Direct extension possible 
•	Floors can be leased separately or together 
•	Floor by Floor Breakdown
o	Entire 26: 114 workstations, 22 offices, 8 conference rooms 
o	Entire 25: 65 workstations, 32 offices, 9 conference rooms
o	Entire 24: 91 workstations, 30 offices, 5 conference rooms
o	Entire 23: 186 workstations, 21 offices, 3 conference rooms

•	Comprehensive building redevelopment which includes a plaza redesign, new lobby, new Park Avenue façade, new windows, new elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Apr 2027
  • Lease term: None
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Sublet
  • In Contiguous block: 150,036 SF
25th Floor Ste Office 37,998 SF Rate Upon Request
•	Rare large block of space on Park Avenue
•	150,036 RSF across floors 23-26
•	Floors to be delivered fully built and furnished
•	Strong credit sublandlord
•	Direct extension possible 
•	Floors can be leased separately or together 
•	Floor by Floor Breakdown
o	Entire 26: 114 workstations, 22 offices, 8 conference rooms 
o	Entire 25: 65 workstations, 32 offices, 9 conference rooms
o	Entire 24: 91 workstations, 30 offices, 5 conference rooms
o	Entire 23: 186 workstations, 21 offices, 3 conference rooms

•	Comprehensive building redevelopment which includes a plaza redesign, new lobby, new Park Avenue façade, new windows, new elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Apr 2027
  • Lease term: None
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Sublet
  • In Contiguous block: 150,036 SF
26th Floor Ste Office 37,998 SF Rate Upon Request
•	Rare large block of space on Park Avenue
•	150,036 RSF across floors 23-26
•	Floors to be delivered fully built and furnished
•	Strong credit sublandlord
•	Direct extension possible 
•	Floors can be leased separately or together 
•	Floor by Floor Breakdown
o	Entire 26: 114 workstations, 22 offices, 8 conference rooms 
o	Entire 25: 65 workstations, 32 offices, 9 conference rooms
o	Entire 24: 91 workstations, 30 offices, 5 conference rooms
o	Entire 23: 186 workstations, 21 offices, 3 conference rooms

•	Comprehensive building redevelopment which includes a plaza redesign, new lobby, new Park Avenue façade, new windows, new elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, food & beverage offerings and rooftop park with glass pavilion.

  • Date available: Apr 2027
  • Lease term: None
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Sublet
  • In Contiguous block: 150,036 SF

Description

Comprehensive building redevelopment which includes a plaza redesign, new lobby, new Park Avenue façade, new windows, new elevator cabs with destination dispatch, new state-of-the art health and wellness amenities, food & beverage offerings and rooftop park with glass pavilion.

Amenities

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

Major Tenants

Tenant SF Occupied Lease End Date
Ares Management 1/1/2040
EQT Partners 2/28/2039
Houlihan Lokey 6/30/2034
PKF 10/1/2032
Societe Generale 10/31/2032
Stonepeak Partners LLC 11/30/2040
The Norinchukin Bank
TPG Angelo Gordon & Co., L.P. 10/23/2031
Tradeweb Markets Inc. 1/1/2040
Verition Fund Management LLC 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
Louis D'Avanzo 212-841-7688 Cushman & Wakefield
Louis D'Avanzo 212-841-7688 Cushman & Wakefield