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Rent/Lease Apartment 240 Park Ave S

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 240 Park Ave S. This trend is projected to continue. Opportunities for subleases remain available at 240 Park Ave S and in the nearby Flatiron District neighborhood.

240 Park Ave S Property Overview

Building Address: 240 Park Ave S, New York NY 10003
Zip Code:10003
Neighborhood:Flatiron District
Borough:Manhattan
Stories:0
Year Built:2007
Building Class:B

240 Park Avenue South in Manhattan, New York City, is a 17-story residential condominium building located in the vibrant Flatiron/Union Square neighborhood. Completed in 2009, it was designed by the renowned architectural firm Gwathmey Siegel, led by Charles Gwathmey. The building features distinctive curved glass corners and wide spaces between tall loft-styled windows, blending contemporary design with the traditional masonry aesthetics of the area.

The building's lobby boasts a sophisticated design with perforated leather walls, milk glass wall accents, and Pompignon limestone floors. It provides residents with luxuries such as a full-time doorman and concierge services, making it an upscale living space in one of Manhattan's most desirable neighborhoods.

Developed by Linjan Associates with Yitzchak Tessler as a principal, 240 Park Avenue South offers 51 residences and is known for its proximity to Union Square Park and Gramercy Park.

240 Park Avenue South, located in the Flatiron District of Manhattan, is a 17-story residential condominium built in 2007 or 2008. The building was designed by architect Charles Gwathmey and features curved glass corners and wide spaces between tall loft-styled windows. It houses 48 to 52 units, depending on the source, including two full-floor penthouses.

Amenities include a full-time doorman, concierge, gym, community recreation facilities, live-in super, and an outdoor space. The building's design blends seamlessly with its surroundings while standing out with its unique architecture.

The location is highly desirable, with nearby attractions like Union Square and Madison Square Park. It boasts excellent walk and transit scores, making it a convenient choice for residents.


  • Spa/Sauna
  • State-of-the-art fitness room
  • Library
  • Concierge
  • Full-time doorman
  • Roof deck
  • Shared outdoor space
  • Courtyard
  • Garden
  • Laundry facilities
  • Storage rooms
  • Party room
  • Common media/recreation room
  • Basketball court
  • Health club
  • Elevators
  • Nursery
  • Lounge

240 Park Ave S, Manhattan, NYC Office Tenants Rental Information

  • No specific office tenant leasing data available in public records
  • Mixed-use condominium primarily residential per available listings
  • Publicly listed amenities include concierge, fitness center, and rooftop terrace
  • Recent residential transactions reported through October 2024

Internet Providers at 240 Park Ave S, Manhattan, NYC:

Verizon Fios: Offers high-speed fiber-optic internet with speeds up to 2 Gbps.

Astound Broadband: Provides both cable and fiber services with unlimited data usage.


240 Park Avenue South in Manhattan, NYC, offers convenient transportation options. The nearest subway stations include:

  • The 6 train at 23rd Street, located 0.12 miles away.
  • The L, N, Q, R, W, 4, 5, and 6 trains at 14th Street–Union Square, 0.15 miles away.
  • The R and W trains at 23rd Street, 0.19 miles away.
  • The L train at 3rd Avenue, 0.33 miles away.

Cross streets include:

  • 20th Street and 21st Street along Park Avenue South.

Additionally, it is 9.5 miles from LaGuardia Airport and 13.3 miles from Newark Liberty International Airport.

Nearby Office Tenants Leased
  • Capital One leased 40,000 SF at 114 Fifth Ave
  • Vera Wang leased 39,000 SF at 15 East 26th St
  • Next Jump leased 38,346 SF at 261 Fifth Ave
  • JLA Home leased 36,200 SF at 11 East 26th St
  • Elizabeth Arden leased 35,698 SF at 200 Park Avenue South
  • Left/Right leased 34,000 SF at 39 West 19th Street
  • The Atlantic leased 33,609 SF at 60 Madison Ave
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • Work Better leased 33,103 SF at 33 West 19th St
  • The Yard leased 33,000 SF at 246 Fifth Avenue

Nearby Retail Tenants Leased
  • Wagamama leased 7,000 SF at 210 Fifth Avenue
  • Vapiano leased 7,000 SF at 113 University Pl
  • Capital One leased 6,822 SF at 470 Park Avenue South
  • BCBG Max Azria leased 6,700 SF at 168 Fifth Ave
  • New Balance leased 6,595 SF at 150 Fifth Ave
  • The Theater Studio Inc. leased 6,534 SF at 121 East 24th St
  • Sephora leased 6,300 SF at 200 Park Ave S
  • FRAME Denim leased 6,200 SF at 245 Fifth Ave
  • City MD leased 6,100 SF at 220 East 23rd Street
  • Ricky's leased 6,000 SF at 1133 Broadway
Nearby Office Tenants Leased
  • Capital One leased 40,000 SF at 114 Fifth Ave
  • Vera Wang leased 39,000 SF at 15 East 26th St
  • Next Jump leased 38,346 SF at 261 Fifth Ave
  • JLA Home leased 36,200 SF at 11 East 26th St
  • Elizabeth Arden leased 35,698 SF at 200 Park Avenue South
  • Left/Right leased 34,000 SF at 39 West 19th Street
  • The Atlantic leased 33,609 SF at 60 Madison Ave
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • Work Better leased 33,103 SF at 33 West 19th St
  • The Yard leased 33,000 SF at 246 Fifth Avenue
Nearby Retail Tenants Leased
  • Wagamama leased 7,000 SF at 210 Fifth Avenue
  • Vapiano leased 7,000 SF at 113 University Pl
  • Capital One leased 6,822 SF at 470 Park Avenue South
  • BCBG Max Azria leased 6,700 SF at 168 Fifth Ave
  • New Balance leased 6,595 SF at 150 Fifth Ave
  • The Theater Studio Inc. leased 6,534 SF at 121 East 24th St
  • Sephora leased 6,300 SF at 200 Park Ave S
  • FRAME Denim leased 6,200 SF at 245 Fifth Ave
  • City MD leased 6,100 SF at 220 East 23rd Street
  • Ricky's leased 6,000 SF at 1133 Broadway

Onsite Networks Testimonial

Onsite Networks testimonial I am writing in recognition of the quality service provided by Optimal Spaces Inc. and Stephen Sunderland in finding us a sublease at 41 Madison Avenue. We strongly recommend them for the excellent job they did. They were efficient and responsive in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Dennis Jules Kessler Chief Financial Officer On Site Networks, Inc
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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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.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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.