Rent Office 245 Park Avenue

Rent Office - 245 Park Ave

Rent Sublease Office - 245 Park Ave

$ / SF SF Monthly Rent
Negotiable 38,400 Negotiable
Negotiable 17,800 Negotiable
$ / 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
Madison Ave & East 40th Street $ 57 2,000 $ 9,500
E 40th St & Fifth Avenue $ 53 1,600 $ 7,093
E 42nd St & Lexington Avenue $ 56 1,600 $ 7,473
E 42nd St & Madison Avenue $ 61 2,500 $ 12,765
Madison Ave & East 40th Street $ 56 1,700 $ 7,873
Fifth Ave & East 44th Street $ 59 2,000 $ 9,816
Fifth Ave & East 45th Street $ 66 1,500 $ 8,250
Park Ave & East 46th Street $ 62 2,400 $ 12,400
Address $ / SF SF Monthly Rent
Park Ave & East 45th Street $ 81 5,600 $ 37,904
Park Ave & East 46th Street $ 66 5,000 $ 27,604
Vanderbilt Ave & East 44th Street $ 51 9,500 $ 40,236
Park Ave & East 41st Avenue $ 119 3,400 $ 33,780
Madison Ave & East 39th Avenue $ 56 5,800 $ 26,861
Madison Ave & East 40th Street $ 55 6,100 $ 28,009
Madison Ave & East 42nd Street $ 81 5,300 $ 35,874
Third Ave & East 46th Street $ 61 7,700 $ 39,318
Fifth Ave & East 44th Street $ 66 3,200 $ 17,480
E 40th St & Fifth Avenue $ 53 3,900 $ 17,289
E 42nd St & Lexington Avenue $ 56 2,600 $ 12,144
Address $ / SF SF Monthly Rent
Park Ave & East 45th Street $ 80 10,200 $ 68,233
Fifth Ave & East 46th Street $ 70 10,400 $ 60,515
Madison Ave & East 39th Street $ 53 26,800 $ 117,752
E 40th St & Fifth Avenue $ 53 14,100 $ 62,509
E 42nd St & Lexington Avenue $ 66 10,100 $ 55,550
E 45th St & Lexington Avenue $ 73 16,400 $ 99,971
E 44th St & East 44th Street $ 60 10,800 $ 54,292
E 42nd St & Third Avenue $ 59 20,100 $ 98,657
E 42nd St & Second Avenue $ 64 10,500 $ 56,109
5th Ave & East 44th Street $ 58 12,800 $ 61,813
Address $ / SF SF Monthly Rent
E 41st St & Fifth Avenue $ 49 1,400 $ 5,716
Fifth Ave & East 42nd Street $ 61 1,700 $ 8,641
Madison Ave & East 40th Street $ 40 2,200 $ 7,356
E 42nd St & Park Avenue $ 42 2,500 $ 8,671
E 40th St & Madison Avenue $ 57 1,700 $ 8,028
E 43rd St & Third Avenue $ 33 2,500 $ 6,953
Madison Ave & East 41st Avenue $ 51 1,500 $ 6,375
Lexington Ave & East 41st Street $ 59 1,900 $ 9,341
Address $ / SF SF Monthly Rent
Fifth Ave & East 41st Street $ 48 5,200 $ 20,637
E 44th St & Third Avenue $ 42 3,100 $ 10,979
E 46th St & Fifth Avenue $ 36 2,600 $ 7,718
E 40th St & Park Avenue $ 48 2,800 $ 11,200
E 41st St & Fifth Avenue $ 39 6,000 $ 19,687
E 40th St & Madison Avenue $ 31 7,800 $ 19,987
E 43rd St & Third Avenue $ 33 2,700 $ 7,509
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42 12,400 $ 43,012
Madison Ave & East 40th Street $ 38 17,400 $ 54,375
Madison Ave & East 40th Street Negotiable 11,100 Negotiable
Madison Ave & Between East 44th Street $ 64 16,400 $ 88,013
Fifth Ave & Between East 42nd Street Negotiable 10,000 Negotiable
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 23 2,200 $ 4,180
Fifth Ave & Between East 38th Street Negotiable 2,000 Negotiable
E 39th St & Fifth Avenue $ 38 1,200 $ 3,800
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue $ 28 3,000 $ 7,125
Fifth Ave & Between East 38th Street $ 37 3,000 $ 9,372
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

Rent Retail - 245 Park Ave

$ / SF SF >Monthly Rent
Negotiable 2,000 Negotiable
Negotiable 10,000 Negotiable
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Nearby retail Spaces for Rent

Address $ / SF SF Monthly Rent
Lexington Ave & East 47th Street Negotiable 600 Negotiable
Madison Ave & East 44th Street Negotiable 800 Negotiable
Park Ave & East 45th Street Negotiable 700 Negotiable
Madison Ave & East 40th Street Negotiable 900 Negotiable
Madison Ave & East 46th Street Negotiable 800 Negotiable
Fifth Ave & East 44th Street Negotiable 900 Negotiable
E 42nd St & Madison Avenue $ 51 400 $ 1,690
Address $ / SF SF Monthly Rent
E 42nd St & Third Avenue Negotiable 1,200 Negotiable
Madison Ave & East 44th Street Negotiable 1,200 Negotiable
E 42nd St & Lexington Avenue Negotiable 1,800 Negotiable
Park Ave & Lexington Avenue Negotiable 1,900 Negotiable
Madison Ave & East 40th Street Negotiable 2,000 Negotiable
Lexington Ave & East 41st Street Negotiable 1,700 Negotiable
Lexington Ave & East 43rd Street Negotiable 1,300 Negotiable
Fifth Ave & East 45th Street Negotiable 1,500 Negotiable
Third Ave & East 43rd Street Negotiable 1,500 Negotiable
Madison Ave & East 39th Street Negotiable 1,600 Negotiable
Madison Ave & East 41st Avenue $ 301 1,700 $ 42,698
Lexington Ave & East 47th Street Negotiable 1,600 Negotiable
Third Ave & East 39th Street Negotiable 1,000 Negotiable
3rd Ave & Between East 45th Street Negotiable 1,800 Negotiable
Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue Negotiable 4,700 Negotiable
Madison Ave & East 44th Street Negotiable 2,100 Negotiable
E 40th St & Fifth Avenue Negotiable 16,500 Negotiable
Park Ave & East 40th Street Negotiable 5,600 Negotiable
E 42nd St & Lexington Avenue Negotiable 2,400 Negotiable
E 42nd St & Second Avenue Negotiable 4,700 Negotiable
Park Ave & Lexington Avenue Negotiable 7,800 Negotiable
Madison Ave & East 39th Street Negotiable 5,900 Negotiable
Lexington Ave & East 41st Street $ 86 3,000 $ 21,425
Madison Ave & East 46th Street Negotiable 4,000 Negotiable
Lexington Ave & East 43rd Street Negotiable 4,700 Negotiable
Lexington Ave & East 42nd Street Negotiable 3,400 Negotiable
Lexington Ave & East 44th Street East 43rd Street Negotiable 3,800 Negotiable
Lexington Ave & East 47th Street Negotiable 5,100 Negotiable
Fifth Ave & East 44th Street Negotiable 2,100 Negotiable
Third Ave & East 39th Street Negotiable 3,300 Negotiable
Third Ave & East 40th Street Negotiable 8,000 Negotiable
Third Ave & Between East 44th Street Negotiable 2,100 Negotiable
Third Ave & East 46th Street Negotiable 5,300 Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 44th St & Third Avenue Negotiable 1,500 Negotiable
Madison Ave & East 40th Street Negotiable 1,600 Negotiable
Address $ / SF SF Monthly Rent
E 45th St & Between Madison Avenue Negotiable 3,400 Negotiable
E 46th St & Fifth Avenue Negotiable 2,000 Negotiable
E 40th St & Madison Avenue Negotiable 3,100 Negotiable
Madison Ave & East 40th Street Negotiable 5,200 Negotiable
Madison Ave & Between East 44th Street Negotiable 12,500 Negotiable
Fifth Ave & Between East 42nd Street Negotiable 5,100 Negotiable
E 44th St & Third Avenue $ 61 6,000 $ 30,700
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 39th St & Fifth Avenue $ 72 3,000 $ 18,112
E 40th St & Lexington Avenue Negotiable 2,100 Negotiable

Rent Medical Space

Nearby medical Spaces for Rent

Address $ / SF SF Monthly Rent
Third Ave & East 41st Street $ 70 1,000 $ 5,833
Address $ / SF SF Monthly Rent
Third Ave & East 41st Street $ 75 3,100 $ 19,375
Address $ / SF SF Monthly Rent
Third Ave & East 41st Street $ 75 7,000 $ 43,750
Address $ / SF SF Monthly Rent
Madison Ave & East 39th Street $ 45 1,600 $ 6,000
Lexington Ave & East 41st Street $ 59 2,900 $ 14,258
Madison Ave & East 40th Street Negotiable 1,200 Negotiable
E 44th St & Third Avenue $ 48 2,100 $ 8,400
E 40th St & Park Avenue Negotiable 2,900 Negotiable
Address $ / SF SF Monthly Rent
Lexington Ave & East 41st Street $ 49 4,000 $ 16,333
E 45th St & Fifth Avenue Negotiable 3,800 Negotiable
E 40th St & Park Avenue $ 59 3,100 $ 15,241
Address $ / SF SF Monthly Rent
Lexington Ave & East 41st Street $ 59 5,600 $ 27,533
E 40th St & Park Avenue Negotiable 6,700 Negotiable
E 46th St & Fifth Avenue Negotiable 6,900 Negotiable
Madison Ave & East 40th Street $ 55 6,000 $ 27,500
Address $ / SF SF Monthly Rent
E 40th St & Madison Avenue $ 64 1,100 $ 5,866
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue Negotiable 3,000 Negotiable
Madison Ave & Between East 40th Street Negotiable 4,000 Negotiable
Address $ / SF SF Monthly Rent
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

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Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

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.
Commercial Real Estate Spaces in New York
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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