240 E 27th St nyc
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Lease Apartment 240 E 27th St

Rent Apartment 240 E 27th St Property Overview

Building Address: 240 E 27th St, New York NY 10016
Building Name: Parc East Apartments
Zip Code:10016
Neighborhood:Kips Bay
Borough:Manhattan
Stories:0
Year Built:1977
Building Class:B


Parc East, located at 240 East 27th Street in Manhattan's Kips Bay neighborhood, was built in 1977. The building is a 26-story rental property with 325 units. It is situated between Gramercy Park and Murray Hill, offering proximity to iconic landmarks such as the Empire State Building and Madison Square Garden. The neighborhood is known for its vibrant mix of shops and restaurants on Third Avenue.

The building was purchased in 2007 for $210 million and has a current tax assessor's market value of approximately $131.2 million. It is classified as an elevator apartment building with commercial spaces, categorized under the D6 building class.

Parc East underwent renovations to enhance its facilities, providing residents with modern, light-filled interiors and stunning views of New York City or the Hudson River. The building features a doorman service and allows guarantors for rentals.

Parc East at 240 East 27th Street in Manhattan, NYC, is located in the Kips Bay neighborhood, near Gramercy Park and Murray Hill. This 26-story building was constructed in 1977 and recently renovated. It features 325 units, including 1-3 bedroom apartments, offering stunning views of Midtown Manhattan and the East River.

Amenities at Parc East include a fitness center, covered parking, shared laundry facilities, and a doorman. Pets are welcome with a maximum of three per unit and a monthly pet fee of $100.

The building is conveniently located close to the Empire State Building, Madison Square Garden, and the 6 subway line, offering easy access to major attractions in New York City.


  • Concierge
  • Doorman
  • Elevator
  • Fitness Center
  • Laundry in Building
  • Package Room
  • Covered Parking
  • Bicycle Storage
  • Air Conditioning
  • High-speed Internet
  • Cable

Parc East, located at 240 East 27th Street, Manhattan, is a stylish apartment complex situated between Gramercy Park and Murray Hill. This newly renovated community is within walking distance to the iconic Empire State Building.

Property Features: - Fitness Center - Onsite Management - Package Service - Shared Laundry - Covered Parking - Pets Allowed (dogs and cats, up to 3 pets, $100 monthly pet fee) - Units Include: - Dishwasher - Microwave Oven - Refrigerator - Air Conditioning

Location Highlights: - Close proximity to the Empire State Building - Nearby Gramercy Park and Murray Hill neighborhoods

Community Amenities: - Elevators for convenient access - High-speed internet and cable services available


For residents of 240 E 27th St, Manhattan, NYC, here are some major internet providers available in the area:

  • Verizon Fios: Known for high speeds, starting at 300 Mbps up to 2 Gbps. Offers bundles with phone, mobile, and TV.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data. Prices are competitive.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps. Offers bundles with TV and phone.
  • AT&T: Available in Manhattan, offering various internet plans.

These providers are widely available in Manhattan, but specific availability may vary depending on the exact location within the building.

Parc East at 240 E 27th St, Manhattan, offers convenient transportation options. The nearest subway stop is 28th Street, which is served by the 4 and 6 trains and is only 0.3 miles away. The building is also close to major thoroughfares like FDR Drive and the Midtown Tunnel, providing easy access to the rest of the city.

The cross streets for 240 E 27th St are 2nd and 3rd Avenues, with the building located in the heart of Kips Bay, between Gramercy Park and Murray Hill.

RZO Advisory Group Testimonial

RZO Advisory Group testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
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  • Save 15–20% on your business costs.
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Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
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5. Time Savings & Process Management
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Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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