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Rent/Lease Apartment 240 E 27th St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 240 E 27th St. This trend is projected to continue. Opportunities for subleases remain available at 240 E 27th St and in the nearby Kips Bay neighborhood.

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.

Nearby Office Tenants Leased
  • Knotel leased 16,725 SF at 3 East 28th St
  • Superfly Productions leased 16,267 SF at 381 Park Avenue South
  • Union Square Hospitality… leased 15,126 SF at 853 Broadway
  • New York Dermatology Gr… leased 14,182 SF at 119 Fifth Ave
  • Knotel leased 14,174 SF at 41 Union Square West
  • Ackerman Institute for th… leased 14,000 SF at 936 Broadway
  • T. Rowe Price leased 13,450 SF at 233 Park Avenue South
  • Piano leased 13,092 SF at 85 Fifth Ave
  • Levy Alan Chiropractor leased 13,000 SF at 920 Broadway
  • OTG Management leased 12,200 SF at 352 Park Ave South

Nearby Retail Tenants Leased
  • By Chloe leased 1,650 SF at 27 Union Square West
  • The Shade Store leased 1,610 SF at 254 Park Avenue South
  • EXKi leased 1,500 SF at 257 Park Ave South
  • Monsoon Accessorize USA leased 500 SF at 1 Union Square West
  • En Japonais leased 0 SF at 225 Park Ave S
  • Burlington Coat Factory leased 70,000 SF at 100 West 125th St
  • Quality Eats leased 51,222 SF at 3 East 28th Street
  • Equinox leased 44,458 SF at 315 Park Avenue South
  • Hennes & Mauritz (H & M) leased 20,000 SF at 111 Fifth Ave
  • The Mind/Body Medical Group leased 18,000 SF at 304 Park Ave South
Nearby Office Tenants Leased
  • Knotel leased 16,725 SF at 3 East 28th St
  • Superfly Productions leased 16,267 SF at 381 Park Avenue South
  • Union Square Hospitality… leased 15,126 SF at 853 Broadway
  • New York Dermatology Gr… leased 14,182 SF at 119 Fifth Ave
  • Knotel leased 14,174 SF at 41 Union Square West
  • Ackerman Institute for th… leased 14,000 SF at 936 Broadway
  • T. Rowe Price leased 13,450 SF at 233 Park Avenue South
  • Piano leased 13,092 SF at 85 Fifth Ave
  • Levy Alan Chiropractor leased 13,000 SF at 920 Broadway
  • OTG Management leased 12,200 SF at 352 Park Ave South
Nearby Retail Tenants Leased
  • By Chloe leased 1,650 SF at 27 Union Square West
  • The Shade Store leased 1,610 SF at 254 Park Avenue South
  • EXKi leased 1,500 SF at 257 Park Ave South
  • Monsoon Accessorize USA leased 500 SF at 1 Union Square West
  • En Japonais leased 0 SF at 225 Park Ave S
  • Burlington Coat Factory leased 70,000 SF at 100 West 125th St
  • Quality Eats leased 51,222 SF at 3 East 28th Street
  • Equinox leased 44,458 SF at 315 Park Avenue South
  • Hennes & Mauritz (H & M) leased 20,000 SF at 111 Fifth Ave
  • The Mind/Body Medical Group leased 18,000 SF at 304 Park Ave South

Media Bistro Testimonial

Media Bistro testimonial To Whom It May Concern: We were very happy with the services of Optimal Spaces Inc., mainly because of Stephen Sunderland's understanding of the intricacies of the real estate contract process. He was extremely knowledgeable, courteous and helpful in navigating this very difficult decision. We are thrilled with our space and feel very fortunate to be here. Yours, Laurel Touby Founder and CEO Mediabistro.com Inc
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