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Rent/Lease Office 11 Park Pl

$ / SF SF Monthly Rent
$ 55
2,400
$ 11,000
$ 52
3,100
$ 13,562
$ 58
14,600
$ 70,566
$ / SF SF Monthly Rent
Negotiable
2,400
Negotiable
Negotiable
3,600
Negotiable
Negotiable
8,600
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 54
3,300
$ 14,987
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 35
1,900
$ 5,541
Address $ / SF SF Monthly Rent
Broadway & Barclay Street $ 15
16,400
$ 20,500
Address $ / SF SF Monthly Rent
Lafayette St & Walker Street $ 28
3,000
$ 6,885
Address $ / SF SF Monthly Rent
Broadway & Lispenard Street $ 75
1,900
$ 11,875
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 1952 $ 775
Interior office/person $ 1350 $ 1452 $ 525
Team Rooms $ 10100 $ 8702 $ 5025
Suites $ 20100 $ 12702 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Pearl St & Avenue of the Finest $ 48
18,100
$ 73,154
Broadway & Murray Street $ 58
27,900
$ 136,012
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 55
2,600
$ 11,916
Pearl St & Avenue of the Finest $ 50
2,500
$ 10,312
Address $ / SF SF Monthly Rent
Broadway & Park Place $ 57
2,100
$ 9,975
Address $ / SF SF Monthly Rent
Broadway & Barclay Street $ 42
11,500
$ 39,770
Address $ / SF SF Monthly Rent
E Broadway & Catherine Street $ 46
3,800
$ 14,566
Chambers St & Church Street $ 54
3,000
$ 13,500
Broadway & Barclay Street $ 48
2,500
$ 10,000
Address $ / SF SF Monthly Rent
E Broadway & Catherine Street $ 47
2,000
$ 7,833
Chambers St & Church Street $ 52
2,200
$ 9,533
Broadway & Barclay Street $ 40
1,800
$ 6,000
Broadway & Duane Street $ 50
1,700
$ 7,154
Vesey St & Between Church Street $ 39
1,600
$ 5,200
Chatham Sq & Oliver Street $ 52
2,100
$ 9,012
Broadway & Reade Street $ 42
1,700
$ 5,879
Address $ / SF SF Monthly Rent
Broadway & Walker Street $ 45
8,400
$ 31,500
Duane St & Broadway $ 56
12,200
$ 56,933
Address $ / SF SF Monthly Rent
Broadway & Walker Street $ 45
4,900
$ 18,375
Broadway & Franklin Street $ 36
6,600
$ 19,800
Walker St & Baxter Street $ 57
6,000
$ 28,500
Canal St & Lafayette Street $ 55
2,900
$ 13,291
Broadway & Worth Street $ 42
4,300
$ 15,118
Duane St & Broadway $ 50
3,700
$ 15,416
Address $ / SF SF Monthly Rent
Broadway & Worth Street $ 45
1,900
$ 7,155

Retail Spaces for Rent at 11 Park Pl

Rent Medical Space at 11 Park Pl

Office Tenants Rented / Leased 11 Park Place
  • SWA Architecture leased 800 SF
Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 11 Park Place. This trend is projected to continue. Opportunities for subleases remain available at 11 Park Place and in the nearby City Hall neighborhood.
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11 Park Place Property Overview

Building Address: 11 Park Pl, New York NY 10007
Building Name: Park Murray Building
Building Alternate Address: 11 Park pl
Zip Code:10007
Neighborhood:City Hall
Borough:Manhattan
Stories:20
Year Built:1926
Building Class:B
Block & lot:00124-0004

History of 11 Park Place, Manhattan, NYC

Located in the TriBeCa neighborhood of Manhattan, 11 Park Place—also known as the Park Murray Building—is a historic office building constructed in 1927. It stands as an impressive example of early 20th-century architecture, rising 18 to 20 stories tall with approximately 205,000 to 221,911 square feet of office space. Over the years, the building has undergone several renovations, including significant upgrades as recently as 2004, blending its original charm with modern office infrastructure.

Nestled at the intersection of the Financial District and TriBeCa, 11 Park Place has witnessed the transformation of the surrounding area from an industrial district into a vibrant cultural and business hub. The building's location places it within walking distance to New York City's City Hall, South Street Seaport, Wall Street, and the World Trade Center, making it a landmark amid downtown's historic and commercial landmarks.

The Park Murray Building's interiors feature a harmonious blend of classic architectural elements and contemporary design, creating an elegant and productive workspace environment. Its grand lobby and refined office spaces reflect the building's storied past while meeting the needs of today’s businesses.

Beyond its architectural and historical significance, 11 Park Place embodies the cultural evolution of TriBeCa—from its industrial roots to an esteemed neighborhood known for its artistic community, upscale dining, and trendy boutiques. The building remains an integral part of this dynamic area, contributing to the neighborhood’s distinctive character and appeal.

11 Park Place, Manhattan, New York City

Located at the intersection of FiDi and Tribeca, 11 Park Place is a historic 20-story office building with approximately 205,000 rentable square feet. Originally built in 1927 and renovated in 2004, the building offers modern infrastructure upgrades while preserving its distinguished interiors.

The property is situated within walking distance to Downtown Manhattan’s top attractions including City Hall, South Street Seaport, Wall Street, the New York Stock Exchange, Federal Hall, Trinity Church, Battery Park City, and the World Trade Center. Hundreds of dining, retail, and entertainment options surround the area along with all major transit lines just steps away, making it a prime location for small to midsize companies.

Key Features

  • 205,000 rentable square feet across 20 floors
  • Fully renovated with modern upgrades
  • Flexible office layouts with 24/7 access and attended lobby
  • Prime location at Financial District and Tribeca intersection
  • Close proximity to multiple subway lines (1, 2, 3, A, C, E, R, W, 4, 5, 6, J, M, Z, PATH)
  • Nearby parking garages on Broadway and Church Street

Neighborhood Highlights

The neighborhood combines the energy of the financial district with the trendy vibe of Tribeca. It offers a vibrant mix of waterfront views, historic landmarks, and serene public spaces, making it an attractive and elegant escape from the city bustle.

Building and Lot Details

Address11 Park Place, New York, NY 10007
Secondary Address8-12 Murray St
NeighborhoodTriBeCa
BoroughManhattan
Lot Size12,233 sq ft
Building Size205,000 sq ft
Stories20
Year Built1927
Year Last Renovated2004
Building ClassOffice with Commercial 7-19 Stories (O6)

Transportation Access

  • Subway stations within 1-3 blocks: Chambers St, Park Place & Broadway, City Hall, World Trade Center
  • Subway lines: 1, 2, 3, A, C, E, R, W, 4, 5, 6, J, M, Z, PATH
  • Bus routes along Broadway/Murray St
  • Multiple Citi Bike docks nearby

11 Park Place, Manhattan, NYC, offers an array of building amenities that enhance its appeal as a workplace destination. Here are some key features:

  • Flexible Floor Layouts: Ideal for small to midsize companies with adaptable spaces to suit various office needs.
  • Attended Lobby: Provides a secure and welcoming entrance for tenants and visitors.
  • 24/7 Access: Allows for work flexibility around the clock.
  • Recent Renovations: Upgraded infrastructure and space to ensure modern and efficient use.
  • Central Air Conditioning: Maintains a comfortable working environment.
  • Kitchen: Equipped for meal preparation and social gatherings.
  • Print/Copy Room: Conveniently located for office tasks.
  • Food Service: Offers convenience for meals and snacks.
  • Wi-Fi Connectivity: Provides fast and secure internet access throughout the building.
  • Natural Light: Expansive windows ensure well-lit offices.
  • Conference Rooms: Available for meetings and presentations.
  • Wellness Room: A space for relaxation and health.
  • Craft Coffee and Snacks: Available for tenants to enjoy.
  • Dedicated On-Site Staff: Supportive team ensuring a smooth operational experience.
  • Community Events: Opportunities to network and engage with other businesses.
  • Professional-Grade Cleaning: Maintains a clean and hygienic environment.

The building is surrounded by numerous attractions and major transportation lines, offering a prime location for businesses.


11 Park Place, Manhattan, NYC - Office Tenants Rented / Leased

11 Park Place is a historically rich 18-story office building offering approximately 205,000 rentable square feet, ideally located at the crossroads of the Financial District (FiDi) and Tribeca in Manhattan, NYC. The building is known for its recent renovations and flexible office layouts, serving small to midsize companies with notable tenants including:

  • New York Department of Buildings
  • Barasch & McGarry
  • WeWork
  • Industrious City Hall (coworking and private office spaces)
  • VAT IT
  • M & R Strategic Services

The building provides 24/7 access with attended lobby services and has been upgraded to support modern office needs including high-speed internet, conference rooms, kitchen and pantry facilities, and wellness rooms. Shared amenities and services such as unlimited color printing, professional-grade cleaning, and community events support tenant operations.

Office space options vary from private offices to fully built-out suites with plug & play capabilities, suitable for teams ranging from solo entrepreneurs to groups of 50+. Tenants benefit from an excellent location within walking distance to City Hall, Wall Street, World Trade Center, and several major transit lines including multiple subway routes and bus lines.


Internet Providers at 11 Park Place, Manhattan, NYC:

Available Providers:

  • Verizon Fios: Offers fiber-optic internet with speeds up to 2.3 Gbps, known for reliable and symmetrical speeds.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps, widely available throughout Manhattan.
  • Astound Broadband Powered by RCN: Offers both cable and fiber internet services with speeds up to 1.5 Gbps, offers budget-friendly plans.
  • T-Mobile Home Internet: 5G home internet available in some parts of Manhattan, offering a low-cost, easily set-up internet option.

Additional Providers: Other providers like Optimum, Earthlink, and satellite options such as Viasat or HughesNet might also be available in the area.


Transportation near 11 Park Pl, Manhattan, NYC

Subway lines: 2, 3, 6X, A, E, R, N, W, C, 1

Train: PATH

Bus lines: 120, BM2, BXM18, M103, M20, QM11, QM25, X27, X28, SIM33C, Downtown Connection, Shortline Hudson

Nearby Bus Stops (walking distance)

  • Murray St & Broadway (1 min)
  • Broadway & Murray St (1 min)
  • Broadway/Murray St (1 min)
  • Broadway/Park Pl (2 min)
  • Broadway Between Warren & Murray St (2 min)
  • Broadway/Warren St (2 min)
  • Murray St/Church St (2 min)
  • Church St/Park Pl (2 min)
  • New York - Broadway @ Warren St (Northbound) (2 min)

Major Cross Streets

11 Park Pl is near the intersection of Park Place and Broadway, close to Murray Street and Church Street in Lower Manhattan.

Office Tenants Rented / Leased 11 Park Place
  • SWA Architecture leased 800 SF

Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Office Tenants Rented / Leased 11 Park Place
  • SWA Architecture leased 800 SF
Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave

Innisfree Mergers and Acquisitions Testimonial

Innisfree Mergers and Acquisitions testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
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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