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Rent/Lease Apartment 462 2nd 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 $ 3438 $ 775
Interior office/person $ 1350 $ 2938 $ 525
Team Rooms $ 10100 $ 10188 $ 5025
Suites $ 20100 $ 14188 $ 7025

Nearby office Spaces for Rent

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Retail Spaces for Rent at 462 2nd Ave

Rent Medical Space at 462 2nd Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 462 2nd Ave. This trend is projected to continue. Opportunities for subleases remain available at 462 2nd Ave and in the nearby Kips Bay neighborhood.
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462 2nd Ave Property Overview

Building Address: 462 2nd Ave, New York NY 10016
Building Name: Kips Bay Court
Zip Code:10016
Neighborhood:Kips Bay
Borough:Manhattan
Stories:0
Year Built:1976
Building Class:B

Kips Bay Court - 462 2nd Avenue, Manhattan, NYC

Kips Bay Court, located at 462 2nd Avenue in the Kips Bay neighborhood of Manhattan, New York City, is a high-rise apartment building completed in 1975. It stands 28 stories tall and covers a total building area of approximately 829,024 square feet. The building is classified as an elevator apartment with fireproof construction, incorporating retail stores on site.

The property sits on a large lot of about 141,836 square feet and is part of a larger complex consisting of eight buildings. Since its construction, Kips Bay Court has been a significant residential development within the area, contributing to the density and architectural character of this part of Manhattan.

In 2016, the property was sold for approximately $620 million, reflecting its substantial value within the New York City real estate market. Its current assessed market value exceeds $245 million, with an estimated property tax exceeding $13 million annually, highlighting its importance as a major residential and commercial asset in the city.

Kips Bay Court is located at 462 2nd Avenue, New York, NY 10016 in the Kips Bay neighborhood of Manhattan. The complex consists of eight buildings with 28 stories each and was built in 1975. It features various amenities including a fitness center, playground, courtyard, and on-site retail spaces. The property spans a total of 829,024 square feet, with a tax-assessed market value of approximately $245,559,000. It was acquired by The Blackstone Group for $620 million in 2016.


Amenities at 462 2nd Ave include:

  • 24/7 Access
  • Annual or Seasonal Tennis Court
  • Basketball Court
  • Barbecue Grills
  • Courtyard
  • Day Care
  • Fitness Center/Gym
  • Laundry Facilities
  • Playground
  • Private Outdoor Space
  • Security System
  • Sun Deck


462 2nd Avenue in Manhattan, NYC, is a building with a mix of residential and commercial spaces. Here are some details about the property and its tenants:

  • Residential Tenants: The building features upgraded apartments with amenities such as a gym, basketball court, tennis court, barbecue grills, and more.
  • Commercial Tenants: Among the commercial spaces, one notable tenant is Patrizia's Of Manhattan, a restaurant located within the building.

This location provides a vibrant environment with a blend of residential and commercial activities.


Internet Providers at 462 2nd Ave, Manhattan, NYC

The following internet service providers are available at this location, offering a range of fiber, cable, and wireless options suitable for residential and business users in Manhattan:

  • Verizon Fios: Known for high-speed fiber-optic service with plans starting at 300 Mbps up to 2 Gbps. Offers bundles with phone, mobile, and TV services.
  • Astound Broadband (formerly RCN): Provides both cable and fiber internet, known for competitive pricing and unlimited data plans.
  • Spectrum: Cable internet provider with speeds up to 1 Gbps and bundle options including TV and phone services.
  • AT&T U-verse: Offers internet service with various plan options across New York City.
  • T-Mobile 5G Home Internet: Wireless internet with good coverage in Manhattan, offering speeds up to around 245 Mbps.
  • Satellite Internet: Providers like Starlink, HughesNet, and Viasat are technically available but typically less optimal compared to wired and 5G options in Manhattan.

462 2nd Ave in Manhattan, NYC, is conveniently located near various transportation options. The nearest subway station is 28 Street (4, 6 Line), approximately 0.4 miles away. Other nearby transportation includes several bus lines such as the M1, M103, M15, M21 and subway lines including the 6, D, F, FX, N, Q, R, W, 4, 6X. Major cross streets include Second Avenue and East 28th Street.


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Why Optimal Spaces –
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  • 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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