Situated in the bustling Plaza District of Manhattan, 299 Park Avenue is a well-known 42-story office building that provides a variety of rental and lease options to accommodate different needs, such as shared coworking spaces and subleasing arrangements. This impressive Class A office space boasts a massive 1,176,011 square feet of rentable area. Constructed in 1967, the building offers high-speed fiber connections provided by esteemed companies like Lightower, Cogent Communications, and Level 3 Communications. Notable businesses like GE Capital Corp., Aon, UBS AG, The Consulate General of Japan, Sagent Advisors, Traxys Group, and GoldPoint Partners have chosen this prestigious address as their headquarters. The rental options cater to different requirements, with sizes ranging from small to medium to large spaces. In terms of pricing, 299 Park Avenue remains competitive in the market, with an average leasing rate of $99.0 per square foot in 2021, slightly higher than the $96.0 per square foot rate recorded in 2019. For commuters, there are various transportation options conveniently located within a ten-minute walk from the building, including the Lexington Avenue-53 Street Subway Station, 51 Street Subway Station, 5 Avenue-53 Street Subway Station, 47-50 Streets-Rockefeller Center Subway Station, and Grand Central-42 Street Subway Station.
299 Park Avenue Property Overview
| Bulding Address: | 299 Park Ave |
| Bulding Name: | UBS Building |
| Building Alternate address(es): | 299 Park Ave |
| Zip Code: | 10171 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 42 |
| Year Built: | 1967 |
| Building Class: | A |
| Block & lot: | 01303-0001 |
Public Transportation
Time and Distance from 299 Park Avenue New York, NY 10171
| Transit / Subway |
Distance |
Walk |
| 51 Street Transit Stop (4, 6) |
0.2 mi |
4 min |
|
| Lexington Avenue-53 Street Transit Stop (E, M) |
0.3 mi |
6 min |
|
| 5 Avenue-53 Street Transit Stop (E, M) |
0.4 mi |
8 min |
|
| 47-50 Streets-Rockefeller Center Transit Stop (B, D, F, M) |
0.4 mi |
9 min |
|
| Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) |
0.5 mi |
10 min |
|
Internet Providers at 299 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 |
| Cogent Communications |
Fiber |
10 Gb/s |
10 Gb/s |
Office Tenants Rented / Leased 299 Park Avenue- Aon leased 112,000 SF
- Sagent Advisors leased 44,432 SF
- MarketAxess leased 28,000 SF
- The Consulate General of Japan leased 57,286 SF
- Cerberus Capital Management L.P. leased 26,997 SF
- Institute of International… leased 5,183 SF
- Genco Shipping & Trading… leased 6,256 SF
Nearby Office Tenants Leased- Weiss Multi-Strategy Advisers LLC leased 49,678 SF at 320 Park Ave
- Nemec Agency leased 45,000 SF at 245 Park Ave
- Scientific American, Inc. leased 31,000 SF at 415 Madison Ave
- Viking Global Investors leased 20,200 SF at 280 Park Ave
- William Grant & Sons leased 20,000 SF at 300 Park Ave
- Aareal Bank leased 14,286 SF at 250 Park Ave
- Augeo Affinity Marketing Inc. leased 2,564 SF at 400 Madison Ave
Nearby Retail Tenants Leased- The Donnell Library Center leased 13,124 SF at 485 Lexington Ave
- HSBC Bank leased 7,237 SF at 250 Park Ave
- Joseph Abboud leased 4,600 SF at 424 Madison Ave
- Schnipper's Quality Kitchen leased 3,021 SF at 570 Lexington Ave
- E-Trade leased 3,000 SF at 300 Park Ave
- Irving Farm Coffee leased 1,861 SF at 135 East 50th Street
- Juan Valdez Caf leased 1,750 SF at 245 Park Ave
- Jin Sun Inc. leased 1,400 SF at 420 Madison Ave
