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Rent/Lease Apartment 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.

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.

Nearby Office Tenants Leased
  • Albert Ellis Institute leased 8,000 SF at 145 East 32nd St
  • WeWork leased 7,799 SF at 385 Fifth Avenue
  • Global Health Strategies leased 7,300 SF at 38 East 32nd Street
  • Interactive Advertising Bureau leased 7,000 SF at 116 East 27th St
  • Maxon Furniture leased 6,436 SF at 200 Lexington Ave
  • Catchafire leased 5,532 SF at 31 East 32nd Street
  • ProMed Personnel Services leased 5,200 SF at 18 East 41st St
  • Atlas Talent Agency leased 5,000 SF at 15 East 32nd St
  • Futurestep leased 5,000 SF at 148 Madison Ave
  • Dynamic Construction Ser… leased 4,400 SF at 274 Madison Ave

Nearby Retail Tenants Leased
  • Domus Design Collection leased 27,950 SF at 136 Madison Ave
  • Citibank leased 15,000 SF at 411 Fifth Ave
  • Open Kitchen 33 leased 9,250 SF at 33 East 33rd St
  • Love leased 9,000 SF at 319 Fifth Avenue
  • Bozrock Restaurant leased 8,500 SF at 72 Madison Ave
  • Yoga Sutra NYC leased 8,000 SF at 6 East 39th St
  • Capital One leased 6,822 SF at 470 Park Avenue South
  • Laser & Skin Surgery Center of New York leased 6,654 SF at 317 East 34th St
  • New York Golf Center leased 6,500 SF at 100 Park Ave
  • City MD leased 6,100 SF at 220 East 23rd Street
Nearby Office Tenants Leased
  • Albert Ellis Institute leased 8,000 SF at 145 East 32nd St
  • WeWork leased 7,799 SF at 385 Fifth Avenue
  • Global Health Strategies leased 7,300 SF at 38 East 32nd Street
  • Interactive Advertising Bureau leased 7,000 SF at 116 East 27th St
  • Maxon Furniture leased 6,436 SF at 200 Lexington Ave
  • Catchafire leased 5,532 SF at 31 East 32nd Street
  • ProMed Personnel Services leased 5,200 SF at 18 East 41st St
  • Atlas Talent Agency leased 5,000 SF at 15 East 32nd St
  • Futurestep leased 5,000 SF at 148 Madison Ave
  • Dynamic Construction Ser… leased 4,400 SF at 274 Madison Ave
Nearby Retail Tenants Leased
  • Domus Design Collection leased 27,950 SF at 136 Madison Ave
  • Citibank leased 15,000 SF at 411 Fifth Ave
  • Open Kitchen 33 leased 9,250 SF at 33 East 33rd St
  • Love leased 9,000 SF at 319 Fifth Avenue
  • Bozrock Restaurant leased 8,500 SF at 72 Madison Ave
  • Yoga Sutra NYC leased 8,000 SF at 6 East 39th St
  • Capital One leased 6,822 SF at 470 Park Avenue South
  • Laser & Skin Surgery Center of New York leased 6,654 SF at 317 East 34th St
  • New York Golf Center leased 6,500 SF at 100 Park Ave
  • City MD leased 6,100 SF at 220 East 23rd Street

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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Why Optimal Spaces –
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  • 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?
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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.