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Rent/Lease Office 125 Park Ave
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| Negotiable |
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 44th Street | $ 65 | 13,500 |
$ 73,125 |
| Third Ave & East 39th Street | $ 35 | 49,100 |
$ 143,208 |
| Lexington Ave & East 43rd Street | $ 55 | 12,900 |
$ 59,125 |
| 5th Ave & East 44th Street | $ 70.5 | 9,600 |
$ 56,400 |
| Park Ave & East 45th Street | $ 98 | 9,700 |
$ 79,216 |
| E 42nd St & Lexington Avenue | $ 40 | 55,700 |
$ 185,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 39th Street | $ 99 | 4,200 |
$ 34,650 |
| Fifth Ave & East 44th Street | $ 50 | 3,300 |
$ 13,750 |
| E 42nd St & Lexington Avenue | $ 49 | 4,800 |
$ 19,600 |
| Lexington Ave & East 41st Street | $ 63 | 3,800 |
$ 19,950 |
| 5th Ave & East 44th Street | $ 71 | 7,000 |
$ 41,416 |
| Park Ave & East 40th Street | $ 66 | 4,300 |
$ 23,650 |
| 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 |
|---|---|---|---|
| Fifth Ave & East 45th Street | $ 40 | 10,300 |
$ 34,333 |
| Lexington Ave & East 41st Street | $ 24.75 | 7,300 |
$ 15,056 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 42nd St & Park Avenue | $ 42 | 5,100 |
$ 17,850 |
| Fifth Ave & East 44th Street | $ 51.5 | 3,300 |
$ 14,162 |
| E 42nd St & Lexington Avenue | $ 52 | 4,800 |
$ 20,800 |
| Lexington Ave & East 41st Street | $ 27.25 | 5,600 |
$ 12,716 |
| Madison Ave & East 40th Street | $ 58.75 | 4,200 |
$ 20,562 |
| E 41st St & Fifth Avenue | $ 47 | 2,700 |
$ 10,575 |
| Fifth Ave & East 45th Street | $ 54 | 3,400 |
$ 15,300 |
| 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 |
|---|---|---|---|
| Vanderbilt Ave & East 43rd Street | $ 125 | 15,800 |
$ 164,583 |
| Fifth Ave & East 46th Street | $ 69 | 11,400 |
$ 65,550 |
| Park Ave & East 41st Street | $ 175 | 12,200 |
$ 177,916 |
| Lexington Ave & East 42nd Street | $ 69 | 7,400 |
$ 42,550 |
| Third Ave & East 40th Street | $ 60 | 27,700 |
$ 138,500 |
| Park Ave & East 39th Street | $ 105 | 12,400 |
$ 108,500 |
| E 42nd St & Lexington Avenue | $ 69 | 28,500 |
$ 163,875 |
| Fifth Ave & East 40th Street | $ 85 | 11,200 |
$ 79,333 |
| Madison Ave & East 45th Street | $ 85 | 14,200 |
$ 100,583 |
| E 42nd St & Madison Avenue | $ 84 | 12,700 |
$ 88,900 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 40th Street | $ 98 | 3,200 |
$ 26,133 |
| E 45th St & Lexington Avenue | $ 81 | 4,300 |
$ 29,025 |
| Lexington Ave & East 42nd Street | $ 67 | 4,000 |
$ 22,333 |
| Third Ave & East 40th Street | $ 63 | 3,600 |
$ 18,900 |
| Third Ave & East 42nd Street | $ 70 | 5,500 |
$ 32,083 |
| E 42nd St & Lexington Avenue | $ 58 | 4,100 |
$ 19,816 |
| Vanderbilt Ave & East 44th Street | $ 49 | 5,300 |
$ 21,641 |
| Third Ave & East 41st Street | $ 55 | 5,100 |
$ 23,375 |
| Third Ave & East 41st Street | $ 70 | 4,800 |
$ 28,000 |
| Third Ave & Between East 44th Street | $ 65 | 4,800 |
$ 26,000 |
| Third Ave & East 46th Street | $ 62 | 4,100 |
$ 21,183 |
| Third Ave & East 39th Street | $ 70 | 4,700 |
$ 27,416 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 45th St & Lexington Avenue | $ 75 | 2,400 |
$ 15,000 |
| Lexington Ave & East 42nd Street | $ 61 | 1,500 |
$ 7,625 |
| Lexington Ave & East 41st Street | $ 57 | 1,500 |
$ 7,125 |
| Third Ave & East 41st Street | $ 55 | 1,700 |
$ 7,791 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 42nd Street | $ 58 | 7,400 |
$ 35,766 |
| E 42nd St & Park Avenue | $ 59 | 9,700 |
$ 47,691 |
| E 42nd St & Lexington Avenue | $ 65 | 8,400 |
$ 45,500 |
| Madison Ave & East 40th Street | $ 65.5 | 14,600 |
$ 79,691 |
| Vanderbilt Ave & East 44th Street | $ 79 | 8,100 |
$ 53,325 |
| Fifth Ave & East 45th Street | $ 68 | 7,900 |
$ 44,766 |
| E 44th St & Third Avenue | $ 58 | 8,400 |
$ 40,600 |
| E 45th St & Third Avenue | $ 48 | 7,100 |
$ 28,400 |
| Madison Ave & East 40th Street | $ 59 | 16,000 |
$ 78,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 41st St & Fifth Avenue | $ 59 | 5,300 |
$ 26,058 |
| E 45th St & Third Avenue | $ 48 | 5,000 |
$ 20,000 |
| Madison Ave & East 40th Street | $ 56 | 6,900 |
$ 32,200 |
| E 44th St & Third Avenue | $ 48 | 4,500 |
$ 18,000 |
| E 41st St & Fifth Avenue | $ 50 | 4,000 |
$ 16,666 |
| E 42nd St & Park Avenue | $ 66 | 6,700 |
$ 36,850 |
| Madison Ave & East 40th Street | $ 45 | 3,500 |
$ 13,125 |
| Madison Ave & East 40th Street | $ 75 | 3,600 |
$ 22,500 |
| Madison Ave & East 41st Street | $ 56 | 5,700 |
$ 26,600 |
| Madison Ave & East 41st Street | $ 61 | 2,600 |
$ 13,216 |
| Lexington Ave & East 41st Street | $ 60 | 3,700 |
$ 18,500 |
| Vanderbilt Ave & East 44th Street | $ 50 | 4,000 |
$ 16,666 |
| Fifth Ave & East 45th Street | $ 84 | 6,800 |
$ 47,600 |
| Third Ave & Between East 44th Street | $ 66 | 4,800 |
$ 26,400 |
| E 42nd St & Lexington Avenue | $ 55 | 3,300 |
$ 15,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 46th St & Fifth Avenue | $ 132 | 2,000 |
$ 22,000 |
| E 45th St & Third Avenue | $ 47 | 1,700 |
$ 6,658 |
| Madison Ave & East 41st Street | $ 55 | 2,000 |
$ 9,166 |
| Lexington Ave & East 40th Street | $ 43 | 2,100 |
$ 7,525 |
| Fifth Ave & East 42nd Street | $ 60 | 1,600 |
$ 8,000 |
| Lexington Ave & East 44th Street | $ 55 | 1,500 |
$ 6,875 |
| E 42nd St & Lexington Avenue | $ 61 | 2,200 |
$ 11,183 |
| E 42nd St & Madison Avenue | $ 69 | 2,100 |
$ 12,075 |
| Second Ave & East 43rd Street | $ 59 | 2,300 |
$ 11,308 |
| Madison Ave & East 39th Street | $ 52 | 1,900 |
$ 8,233 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & Between East 42nd Street | $ 84 | 9,200 |
$ 64,400 |
| Fifth Ave & East 39th Street | $ 52 | 7,300 |
$ 31,633 |
| E 39th St & Fifth Avenue | $ 39.5 | 7,900 |
$ 26,004 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & Between East 42nd Street | $ 83.5 | 6,000 |
$ 41,750 |
| E 40th St & Lexington Avenue | $ 48.5 | 3,000 |
$ 12,125 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 40th St & Lexington Avenue | $ 50.5 | 1,600 |
$ 6,733 |
Retail Spaces for Rent at 125 Park Ave
Rent Retail 125 Park Ave
Rent Medical Space at 125 Park Ave
Office Tenants Rented / Leased 125 Park Avenue
- Haworth leased 31,000 SF
- Haworth Inc leased 60,494 SF
- Blink Fitness leased 17,000 SF
- Little Beet leased 2,551 SF
- Newmark leased 149,171 SF
- Royal Abstract of New Yor… leased 10,702 SF
- Delphi Automotive Systems leased 8,404 SF
- Victory Park Capital Advis… leased 6,878 SF
- Solaris Group LLC leased 6,900 SF
- Robert Half leased 37,649 SF
- Los Tacos No.1 leased 4,133 SF
- Starbucks leased 850 SF
- Blink Fitness leased 17,000 SF
Nearby Office Tenants Leased
- McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
- TBWA Worldwide leased 107,308 SF at 488 Madison Ave
- KPMG LLP leased 102,979 SF at 560 Lexington Ave
- Crain Communications leased 100,000 SF at 711 Third Ave
- Pernod Ricard USA, Inc. leased 97,444 SF at 250 Park Ave
- W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
- Berkely College leased 94,669 SF at 12 East 41st St
- Geller & Co. leased 94,000 SF at 909 Third Ave
- International Rescue Com… leased 88,384 SF at 122 East 42nd St
- TIAA-CREF leased 85,481 SF at 750 Third Ave
- RFR Realty leased 4,066 SF at 275 Madison Avenue
- Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
- CTSH LLC Deli leased 3,800 SF at 633 Third Ave
- Panache Lingerie leased 3,800 SF at 286 Madison Avenue
- Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
- 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
- Staples leased 3,556 SF at 261 Madison Ave
- Tenant Popular Community Bank leased 3,553 SF at 285 Madison Avenue
- Ricky's leased 3,500 SF at 550 Fifth Ave
- New York Mutual Trading Co. leased 3,100 SF at 711 Third Ave
| $ / 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 125 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 125 Park Avenue and in the nearby Grand Central neighborhood.
Find My Space!
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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 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
125 Park Avenue Property Overview
| Building Address: | 125 Park Ave, New York NY 10017 |
| Building Alternate Address: | 125 Park Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 30 |
| Year Built: | 1923 |
| Building Class: | B |
| Block & lot: | 01296-0001 |
125 Park Avenue, also known as the Pershing Square Building, is a 25-story office building located in Midtown Manhattan, New York City. It is situated on Park Avenue between 41st and 42nd Streets, directly across from Grand Central Terminal.
Designed in the Romanesque Revival style by the firms of Sloan & Robertson and York & Sawyer, the building was completed in 1923. It was the last major tall office building in Pre-War New York City to be designed without the setbacks required by the 1916 Zoning Ordinance.
The building's design features a U-shaped tower above a seven-story base, with decorative arches on the lower floors. It was constructed on the site of the former Grand Union Hotel, which was demolished to make way for the building and the Grand Central–42nd Street subway station.
125 Park Avenue was designated as a New York City landmark in 2016, recognized for its significant contribution to the architectural variety and richness of Midtown East.
125 Park Avenue, Manhattan, NYC, is a renowned office building located directly across from Grand Central Terminal. It is known for its Beaux Arts architecture and unique terra cotta façade, making it a significant landmark in Midtown East.
This building offers stunning views of Grand Central Terminal and features a modernized interior with an ultra-contemporary lobby. Its prime location provides excellent accessibility, making it an ideal choice for businesses.
125 Park Avenue Amenities
- Contemporary Lobby: Modernized with limestone walls and original elevator doors.
- Fully Equipped Fitness Center: State-of-the-art facilities for tenant use.
- Advanced Conference Facilities: Rentable boardrooms and meeting spaces.
- Collaborative Workspaces: Open-plan co-working areas for innovation.
- Panoramic City Views: Stunning views from the top floors.
- Direct Access to Grand Central Terminal: Convenient transportation hub.
125 Park Avenue, Manhattan, NYC
This iconic building is a prime business hub in Midtown Manhattan, known for its Beaux Arts style architecture and strategic location near Grand Central Terminal.
Notable tenants include TD Bank, which has significantly expanded its presence in the building, contributing to its 100% occupancy.
125 Park Avenue, Manhattan, NYC offers a variety of high-speed internet providers, ensuring competitive rates and reliable connectivity. The building features a landlord-owned fiber backbone, enhancing deployment speed and reducing installation time for new tenants.
Available internet providers include:
- Altice - Partial Distribution
- CenturyLink - Partial Distribution
- Cogent - Partial Distribution
- Crown Castle Fiber - Full Distribution
- Extenet Systems - Partial Distribution
- Spectrum Business - Partial Distribution
- Verizon - Full Distribution
The building's infrastructure is designed to prevent single points of failure, with diverse points of entry and physically diverse risers. This setup ensures resilient connectivity services for tenants.
125 Park Avenue is located in the heart of Manhattan, NYC, at the intersection of Park Avenue and 42nd Street, directly across from Grand Central Terminal. This prime location offers unparalleled accessibility with major transportation hubs nearby.
Office Tenants Rented / Leased 125 Park Avenue
- Haworth leased 31,000 SF
- Haworth Inc leased 60,494 SF
- Blink Fitness leased 17,000 SF
- Little Beet leased 2,551 SF
- Newmark leased 149,171 SF
- Royal Abstract of New Yor… leased 10,702 SF
- Delphi Automotive Systems leased 8,404 SF
- Victory Park Capital Advis… leased 6,878 SF
- Solaris Group LLC leased 6,900 SF
- Robert Half leased 37,649 SF
- Los Tacos No.1 leased 4,133 SF
- Starbucks leased 850 SF
- Blink Fitness leased 17,000 SF
Nearby Office Tenants Leased
- McLaughlin & Stern leased 112,000 SF at 260 Madison Avenue
- TBWA Worldwide leased 107,308 SF at 488 Madison Ave
- KPMG LLP leased 102,979 SF at 560 Lexington Ave
- Crain Communications leased 100,000 SF at 711 Third Ave
- Pernod Ricard USA, Inc. leased 97,444 SF at 250 Park Ave
- W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
- Berkely College leased 94,669 SF at 12 East 41st St
- Geller & Co. leased 94,000 SF at 909 Third Ave
- International Rescue Com… leased 88,384 SF at 122 East 42nd St
- TIAA-CREF leased 85,481 SF at 750 Third Ave
- RFR Realty leased 4,066 SF at 275 Madison Avenue
- Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
- CTSH LLC Deli leased 3,800 SF at 633 Third Ave
- Panache Lingerie leased 3,800 SF at 286 Madison Avenue
- Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
- 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
- Staples leased 3,556 SF at 261 Madison Ave
- Tenant Popular Community Bank leased 3,553 SF at 285 Madison Avenue
- Ricky's leased 3,500 SF at 550 Fifth Ave
- New York Mutual Trading Co. leased 3,100 SF at 711 Third Ave
Recent News About 125 Park Avenue
Finnerty Economic Consulting, LLC. Testimonial
To Whom It May Concern:
My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street.
I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching.
I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan.
Very truly yours,
John D. Finnerty
Managing Principal
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!