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Rent/Lease Office 120 Park Avenue, New York, NY
Lease Office 120 Park Avenue
Rent Sublease Office at 120 Park Avenue
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 44th Street | $ 65 | 13,500 |
$ 73,125 |
| E 42nd St & Lexington Avenue | $ 40 | 55,700 |
$ 185,666 |
| 5th Ave & East 44th Street | $ 70.5 | 9,600 |
$ 56,400 |
| Park Ave & East 45th Street | $ 98 | 9,700 |
$ 79,216 |
| Third Ave & East 39th Street | $ 35 | 49,100 |
$ 143,208 |
| Lexington Ave & East 43rd Street | $ 55 | 12,900 |
$ 59,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 40th Street | $ 66 | 4,300 |
$ 23,650 |
| Lexington Ave & East 41st Street | $ 63 | 3,800 |
$ 19,950 |
| 5th Ave & East 44th Street | $ 71 | 7,000 |
$ 41,416 |
| E 42nd St & Lexington Avenue | $ 49 | 4,800 |
$ 19,600 |
| Park Ave & East 39th Street | $ 99 | 4,200 |
$ 34,650 |
| Fifth Ave & East 44th Street | $ 50 | 3,300 |
$ 13,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 50 | 2,100 |
$ 8,750 |
| Park Ave & East 40th Street | $ 67.5 | 2,000 |
$ 11,250 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 24.75 | 7,300 |
$ 15,056 |
| Fifth Ave & East 45th Street | $ 40 | 10,300 |
$ 34,333 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 58.75 | 4,200 |
$ 20,562 |
| Fifth Ave & East 45th Street | $ 54 | 3,400 |
$ 15,300 |
| Lexington Ave & East 41st Street | $ 27.25 | 5,600 |
$ 12,716 |
| E 42nd St & Park Avenue | $ 42 | 5,100 |
$ 17,850 |
| E 42nd St & Lexington Avenue | $ 52 | 4,800 |
$ 20,800 |
| Fifth Ave & East 44th Street | $ 51.5 | 3,300 |
$ 14,162 |
| E 41st St & Fifth Avenue | $ 47 | 2,700 |
$ 10,575 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 51.5 | 2,100 |
$ 9,012 |
| Lexington Ave & East 40th Street | $ 41 | 2,100 |
$ 7,175 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Fifth Avenue | $ 70 | 8,100 |
$ 47,250 |
| Park Ave & East 41st Street | $ 175 | 12,200 |
$ 177,916 |
| Third Ave & East 46th Street | $ 81 | 12,100 |
$ 81,675 |
| Fifth Ave & East 40th Street | $ 85 | 11,200 |
$ 79,333 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Fifth Avenue | $ 70 | 6,400 |
$ 37,333 |
| Third Ave & East 46th Street | $ 62 | 4,100 |
$ 21,183 |
| Vanderbilt Ave & East 44th Street | $ 49 | 5,300 |
$ 21,641 |
| Third Ave & East 40th Street | $ 63 | 3,600 |
$ 18,900 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & East 41st Street | $ 57 | 1,500 |
$ 7,125 |
| E 44th St & Lexington Avenue | $ 82 | 2,300 |
$ 15,716 |
| Lexington Ave & East 42nd Street | $ 61 | 1,500 |
$ 7,625 |
| Third Ave & East 41st Street | $ 55 | 1,700 |
$ 7,791 |
| Park Ave & East 41st Street | $ 85 | 2,300 |
$ 16,291 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 65.5 | 14,600 |
$ 79,691 |
| Vanderbilt Ave & East 44th Street | $ 79 | 8,100 |
$ 53,325 |
| E 42nd St & Park Avenue | $ 59 | 9,700 |
$ 47,691 |
| Fifth Ave & East 42nd Street | $ 58 | 7,400 |
$ 35,766 |
| E 44th St & Third Avenue | $ 58 | 8,400 |
$ 40,600 |
| Fifth Ave & East 45th Street | $ 68 | 7,900 |
$ 44,766 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 41st Street | $ 56 | 5,700 |
$ 26,600 |
| Madison Ave & East 40th Street | $ 75 | 3,600 |
$ 22,500 |
| Vanderbilt Ave & East 44th Street | $ 50 | 4,000 |
$ 16,666 |
| Second Ave & East 43rd Street | $ 56 | 4,800 |
$ 22,400 |
| Madison Ave & East 39th Street | $ 50 | 2,700 |
$ 11,250 |
| Lexington Ave & East 41st Street | $ 60 | 3,700 |
$ 18,500 |
| E 42nd St & Park Avenue | $ 66 | 6,700 |
$ 36,850 |
| Fifth Ave & East 42nd Street | $ 60 | 3,800 |
$ 19,000 |
| Madison Ave & East 40th Street | $ 45 | 3,500 |
$ 13,125 |
| E 44th St & Third Avenue | $ 48 | 4,500 |
$ 18,000 |
| Madison Ave & East 40th Street | $ 55 | 2,500 |
$ 11,458 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 40th Street | $ 67 | 1,700 |
$ 9,491 |
| Second Ave & East 43rd Street | $ 59 | 2,300 |
$ 11,308 |
| Madison Ave & East 39th Street | $ 52 | 1,900 |
$ 8,233 |
| Fifth Ave & East 42nd Street | $ 60 | 1,600 |
$ 8,000 |
| Madison Ave & East 40th Street | $ 60 | 2,400 |
$ 12,000 |
| Madison Ave & East 41st Street | $ 55 | 2,000 |
$ 9,166 |
| E 42nd St & Madison Avenue | $ 69 | 2,100 |
$ 12,075 |
| E 42nd St & Lexington Avenue | $ 61 | 2,200 |
$ 11,183 |
| E 44th St & Fifth Avenue | $ 55 | 2,200 |
$ 10,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 39th Street | $ 52 | 7,300 |
$ 31,633 |
| E 39th St & Fifth Avenue | $ 39.5 | 7,900 |
$ 26,004 |
| Fifth Ave & Between East 42nd Street | $ 84 | 9,200 |
$ 64,400 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 48.5 | 3,000 |
$ 12,125 |
| Fifth Ave & Between East 42nd Street | $ 83.5 | 6,000 |
$ 41,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 50.5 | 1,600 |
$ 6,733 |
Retail Spaces for Rent at 120 Park Avenue
Rent Retail 120 Park Avenue
Rent Medical Space at 120 Park Avenue
Office Tenants Rented / Leased 120 Park Avenue
- Bloomberg LP leased 468,000 SF
- Bloomberg LP leased 68,000 SF
- Oracle Corp. leased 60,000 SF
- Bloomberg LP leased 400,000 SF
Nearby Office Tenants Leased
- Restoration Hardware leased 31,874 SF at 437 West 16th St
- Infor leased 31,500 SF at 641 Sixth Ave
- The Epoch Times leased 30,267 SF at 229 West 28th St
- Swedish Institute leased 30,000 SF at 151 West 26th St
- Alibaba leased 30,000 SF at 860 Washington Street
- FXFowle Architects leased 27,300 SF at 22 West 19th St
- Project Worldwide Inc leased 27,178 SF at 412 West 15th Street
- Alice & Olivia By Stacey B… leased 27,100 SF at 450 West 14th St
- Riskified leased 27,000 SF at 220 Fifth Avenue
- Girl Scouts of Greater New York leased 26,000 SF at 43 West 23rd St
- Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
- Fig & Olive leased 5,000 SF at 416 West 13th St
- Dalup NYC 1 leased 4,955 SF at 350 Seventh Avenue
- Lumas leased 4,850 SF at 875 Washington Street
- World of Beer leased 4,500 SF at 260 West 26th St
- Thursday Boots leased 4,300 SF at 48 West 21st Street
- Jarick Collections leased 4,200 SF at 426 West 14th Street
- Nesso Management leased 4,200 SF at 49 West 24th St
- Isabel Marant leased 4,070 SF at 210 11th Avenue
- Callen-Lorde leased 4,069 SF at 155 West 19th Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 120 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 120 Park Avenue and in the nearby Grand Central neighborhood.
Find My Space!
Thank you! we will be in touch.
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
120 Park Avenue, New York, NY Property Overview
| Building Address: | 120 Park Avenue, New York NY 10011 |
| Building Name: | 120 Park |
| Building Alternate Address: | 120 Park Ave, New York, NY |
| Zip Code: | 10011 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 4 |
| Year Built: | 1876 |
| Building Class: | A |
625 Avenue of the Americas, located in Manhattan, New York City, is a historic building with a rich past. Constructed in 1904, it has undergone significant changes over the years. The building was last altered in 1987 and features a mix of office and commercial spaces across its five stories.
The property spans 134,235 square feet and holds a current market value of $100,806,000. Its architectural style and historical significance make it a notable landmark on Avenue of the Americas.
Originally part of the broader commercial development along Sixth Avenue, now known as Avenue of the Americas, this building reflects the area's evolution into a major business hub. The avenue itself was officially renamed in 1945 to honor Pan-American ideals and principles.
625 Avenue of the Americas, located in Manhattan, NYC, is a historic building once home to the B. Altman Department Store. It is situated in the Ladies' Mile shopping district and has recently undergone redevelopment. The building features high ceilings and large floorplates with abundant natural light. A new lobby and roof deck have been added as part of the renovations.
625 Avenue of the Americas offers several key amenities:
- New Lobby: Completed in Q1 2024, providing a modern entrance.
- New Roofdeck: Scheduled for completion in Q3 2024, offering outdoor space with elevator access.
- Fully Furnished Tech Space: Ideal for tech companies with existing infrastructure.
- High Ceilings: 15-foot ceilings provide an open and spacious environment.
- Natural Light: Large windows on all four sides allow for ample natural light.
- Flagpole Signage: Visible branding opportunity.
- Narrow Columns: Open floor plan layout with minimal obstructions.
- Tenant-Controlled HVAC: Allows for personalized climate control.
625 Avenue of the Americas in Manhattan, NYC, has recently seen significant leasing activity.
Notable tenants include:
- Global Trading Systems (GTS): Signed a 15-year lease for 35,156 square feet. GTS is relocating from 545 Madison Avenue and will maintain its office at 40 Wall Street.
- Ro: Signed a 10-year lease for 35,156 square feet to move its headquarters to the building.
Former tenants include eBay and PayPal, whose leases expired.
The building features a new solar deck roof, a renovated lobby, and 15-foot ceilings.
Internet providers available at 625 Avenue of the Americas, Manhattan, NYC, include:
- Spectrum - Offers cable internet with speeds up to 1 Gbps.
- Optimum - Provides both cable and fiber internet with speeds up to 8 Gbps.
- Verizon - Offers fiber internet with speeds up to 2.3 Gbps.
- Xfinity - Offers cable internet with speeds up to 2 Gbps.
- T-Mobile Home Internet - Provides 5G internet with speeds between 133 Mbps and 415 Mbps.
- Starlink - Offers satellite internet with speeds up to 220 Mbps.
- HughesNet - Provides satellite internet with speeds up to 100 Mbps.
625 Avenue of the Americas is located in Manhattan, NYC. The area is well-connected by public transportation.
Nearest Subway Stations:
- West 4th Street – Washington Square (A, B, C, D, E, F, M trains)
- 14th Street – 6th Avenue (F, M trains)
- 14th Street – 7th Avenue (1, 2, 3 trains)
Nearest Bus Stops:
- 6th Avenue and West 23rd Street
- 6th Avenue and West 20th Street
Cross Streets:
- West 24th Street
- West 23rd Street
For more detailed directions and schedules, you can use public transit apps like Moovit or Google Maps.
Office Tenants Rented / Leased 120 Park Avenue
- Bloomberg LP leased 468,000 SF
- Bloomberg LP leased 68,000 SF
- Oracle Corp. leased 60,000 SF
- Bloomberg LP leased 400,000 SF
Nearby Office Tenants Leased
- Restoration Hardware leased 31,874 SF at 437 West 16th St
- Infor leased 31,500 SF at 641 Sixth Ave
- The Epoch Times leased 30,267 SF at 229 West 28th St
- Swedish Institute leased 30,000 SF at 151 West 26th St
- Alibaba leased 30,000 SF at 860 Washington Street
- FXFowle Architects leased 27,300 SF at 22 West 19th St
- Project Worldwide Inc leased 27,178 SF at 412 West 15th Street
- Alice & Olivia By Stacey B… leased 27,100 SF at 450 West 14th St
- Riskified leased 27,000 SF at 220 Fifth Avenue
- Girl Scouts of Greater New York leased 26,000 SF at 43 West 23rd St
- Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
- Fig & Olive leased 5,000 SF at 416 West 13th St
- Dalup NYC 1 leased 4,955 SF at 350 Seventh Avenue
- Lumas leased 4,850 SF at 875 Washington Street
- World of Beer leased 4,500 SF at 260 West 26th St
- Thursday Boots leased 4,300 SF at 48 West 21st Street
- Jarick Collections leased 4,200 SF at 426 West 14th Street
- Nesso Management leased 4,200 SF at 49 West 24th St
- Isabel Marant leased 4,070 SF at 210 11th Avenue
- Callen-Lorde leased 4,069 SF at 155 West 19th Street
Recent News About 120 Park Avenue
TPG Rewards Testimonial
To whom it may concern,
This letter is written in support of Mr. Stephen Sunderland.
Mr. Sunderland acted as our advisor and broker in our recent search for office space in Manhattan. From our first meeting Mr. Sunderland sought to understand our location, price, office layout and square footage needs. He closely accessed our initial needs, and made realistic suggestions to improve on them. The true measure of Mr. Sunderland's professionalism is that he delivered listings, and ultimately a deal, that closely related to our initial wishes and needs. Throughout our relationship he gave us sound advice as to the pros and cons of each location, and later on how to best work with the landlord in order to create an amicable deal.
Mr. Sunderland is a knowledgeable real estate professional who I recommend without any reservation.
Sincerely,
John S Galinos,President and CEO,
TPG Rewards Inc,
111 John Street,27th Floor
New York, NY 10038.
Office Buildings in Grand Central
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Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
Find My Space!