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Rent/Lease Apartment 4 Park 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 $ 3048 $ 775
Interior office/person $ 1350 $ 2548 $ 525
Team Rooms $ 10100 $ 9798 $ 5025
Suites $ 20100 $ 13798 $ 7025

Nearby office Spaces for Rent

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Retail Spaces for Rent at 4 Park Ave

Rent Medical Space at 4 Park Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 4 Park Ave. This trend is projected to continue. Opportunities for subleases remain available at 4 Park Ave and in the nearby Kips Bay neighborhood.
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4 Park Ave Property Overview

Building Address: 4 Park Ave, New York NY 10016
Building Name: Four Park Avenue
Zip Code:10016
Neighborhood:Kips Bay
Borough:Manhattan
Stories:0
Year Built:1913
Building Class:B

4 Park Avenue: Vanderbilt Hotel History

Constructed between 1910-1913 as the Vanderbilt Hotel at 4 Park Avenue in Manhattan, this 22-story neoclassical building was designed by Warren & Wetmore for Alfred Gwynne Vanderbilt. Originally featuring gray brick and white architectural terracotta facades, it opened in 1912 as a luxury hotel with the landmarked Della Robbia Room among its interior spaces.

Architectural Significance

The structure exemplifies early 20th-century urban development in New York City, showcasing transitional architectural elements between Beaux-Arts classicism and modern high-rise design.

Conversion & Modern Use

During 1965-1967 renovations, the building transitioned to residential apartments and commercial spaces. Now known as Four Park Avenue, the 21-story structure contains 364 units while retaining original pre-war details, including its distinctive facade treatments.

Landmark Status

The Della Robbia Room maintains New York City interior landmark designation, preserving its original Renaissance-inspired decorative elements despite the building's conversion.

4 Park Avenue, Manhattan, NYC is also known as the former Vanderbilt Hotel. It is a 22-story building located in the Murray Hill neighborhood and was completed in 1913. The structure was designed by Warren and Wetmore for Alfred Gwynne Vanderbilt. Today, the top 18 stories are used as residential apartments, while the lower floors serve as commercial space.

4 Park Avenue, Manhattan, NYC is also known as the former Vanderbilt Hotel. It is a 22-story building located in the Murray Hill neighborhood and was completed in 1913. The structure was designed by Warren and Wetmore for Alfred Gwynne Vanderbilt. Today, the top 18 stories are used as residential apartments, while the lower floors serve as commercial space.


4 Park Avenue Amenities

  • Doorman
  • Elevator
  • Fitness Center
  • Garage
  • Verizon Fios enabled

4 Park Avenue, located in the prestigious Park Avenue corridor of Manhattan, serves as a highly sought-after office location. The building is owned by The Feil Organization and offers a range of amenities, including a doorman, elevator, garage, laundry facilities, pet-friendly policies, Verizon Fios connectivity, and a fitness center.

While specific details about current tenants at this exact address are not readily available, the Park Avenue area is renowned for hosting a variety of high-profile businesses across different sectors, including financial institutions, tech firms, and media companies. The proximity to Grand Central Terminal and the area's historic prestige contribute to its allure for office space.

Recent trends indicate a resurgence in demand for Park Avenue office spaces, driven by extensive renovations and strategic developments. This has led to increased rental prices and a decrease in office availability, making it a prime location for businesses seeking premium office space.


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Internet Providers at 4 Park Ave, Manhattan, NYC

The building at 4 Park Ave, Manhattan, typically has access to major internet providers servicing the area. Common providers include:

  • Verizon: Known for its reliability and widespread coverage.
  • Spectrum: Offers high-speed internet with advanced WiFi capabilities.
  • Starry: Highly rated for customer satisfaction and coverage in Manhattan.

4 Park Avenue is located in Midtown South, Manhattan, New York City. It offers convenient access to various transportation options:

Subway Lines: The nearest subway lines are the 4 and 5, with the closest station being Grand Central - 42 St, accessible via these lines. Additionally, the E and M lines also run nearby, with the 5th Avenue–53rd Street station being a short walk away.

Bus Routes: Local bus routes include the M1, M2, M3, and M31, providing easy connectivity throughout the city.

Cross Streets: Park Avenue intersects with numerous streets, notably including 33rd Street at the southern end of the building's block and 34th Street nearby.


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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.
  • 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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