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Rent/Lease Apartment 385 Third Ave

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Nearby Sublease office Spaces for Rent

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Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 3251 $ 775
Interior office/person $ 1350 $ 2751 $ 525
Team Rooms $ 10100 $ 10001 $ 5025
Suites $ 20100 $ 14001 $ 7025

Nearby office Spaces for Rent

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Retail Spaces for Rent at 385 Third Ave

Rent Medical Space at 385 Third Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 385 Third Ave. This trend is projected to continue. Opportunities for subleases remain available at 385 Third Ave and in the nearby Kips Bay neighborhood.
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385 Third Ave Property Overview

Building Address: 385 Third Ave, New York NY 10016
Zip Code:10016
Neighborhood:Kips Bay
Borough:Manhattan
Stories:0
Year Built:2007
Building Class:B

385 Third Avenue, located in Manhattan, NYC, is a significant building in the neighborhood of Kips Bay or sometimes considered part of Murray Hill. The building was completed in 2006 and stands 18 stories tall. It was initially reported to have been designed differently by various architects, with H. Thomas O'Hara mentioned in some sources and Werfel & Associates noted in others.

It encompasses a total of approximately 60,000 to 63,277 square feet, depending on the source. The building includes both residential units and commercial space. Residentially, it features between 48 and 50 housing units, depending on the source, with some being affordable housing rental units. These units were funded through programs like the Inclusionary Affordable Housing Program of the City of New York’s Department of Housing Preservation and Development.

Although there is some confusion regarding its exact residential composition, with some sources indicating it is a condominium building featuring 49 apartments, it is recognized for its role in providing affordable housing options in the area.

385 Third Avenue, Manhattan, NYC

Address: 385 3rd Avenue, New York, NY 10016

Neighborhood: Kips Bay

Borough: Manhattan

Zip code: 10016

Block & Lot: 00908-7502

Building Information

  • Year Built: 2006
  • Stories: 18
  • Units: 50
  • Building Class: Special Condominium Billing Lot (R0)
  • Lot Size: 4,446 sqft
  • Building Size: 63,277 sqft
  • Frontage: 3 Avenue (wide)
  • Commercial Units: 1

Location Highlights

Located in the Kips Bay neighborhood of Manhattan, 385 3rd Avenue is part of a quiet, laidback enclave with access to major medical centers, restaurants, bars, and shops. Kips Bay offers a peaceful residential setting within walking distance of metropolitan amenities. The area is known for classic red-brick apartments, luxury condos, and townhouses nestled along the East River.


Building Amenities at 385 Third Avenue, Manhattan, NYC:

  • Elevator
  • Laundry Room
  • Pet Friendly (Dogs and Cats allowed)
  • Wheelchair Accessible Rooms
  • Separate Kitchen with Stainless Steel Appliances and Dishwasher
  • Spacious Living Room with Window
  • Renovated Marble Bathrooms with Medicine Cabinets
  • Super Available in the Area 24 Hours

385 Third Avenue, located in the Kips Bay neighborhood of Manhattan, NYC, is an 18-story building completed in 2006/2007. It features a mix of residential and commercial spaces. The building is known for its affordable housing units and includes Class B office spaces available for rent.


Internet providers available at 385 Third Ave, Manhattan, NYC may include:

Spectrum: Offers cable internet with speeds up to 1 Gbps, starting at $30/month.

Verizon Fios: Provides fiber-optic internet with speeds starting at 300 Mbps and reaching 2 Gbps, starting at $49.99/month.

T-Mobile Fiber: High-speed fiber internet, widely available in Manhattan.

EarthLink: Offers fiber internet with extensive coverage in Manhattan.

Starry Internet: Known for its competitive fiber offerings.


Transportation Options near 385 3rd Avenue, Manhattan:

For convenient travel, the nearest subway station is 28 Street, which serves the 4 and 6 lines, just a 4-minute walk away.

Several bus routes are available nearby, including M101, M103, M15-SBS, M96, and BXM1.

Cross Streets: 385 3rd Avenue is located at the cross streets of 24th Street and 25th Street in Manhattan's Kips Bay neighborhood.


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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?
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.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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.
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