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Rent/Lease Office 237 Park Ave

Lease Office 237 Park Ave

$ / SF SF Monthly Rent
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$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Nearby Sublease office Spaces for Rent

Address $ / SF 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 $ 54
12,900
$ 58,587
5th Ave & East 44th Street $ 69
9,600
$ 55,200
Park Ave & East 45th Street $ 100
9,700
$ 80,429
E 42nd St & Lexington Avenue $ 39
55,700
$ 181,025
Address $ / SF 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
5th Ave & East 44th Street $ 70
7,000
$ 40,541
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 40
10,300
$ 34,333
Lexington Ave & East 41st Street $ 25
7,300
$ 15,056
Address $ / SF SF Monthly Rent
E 42nd St & Park Avenue $ 42
5,100
$ 17,850
Fifth Ave & East 44th Street $ 52
3,300
$ 14,162
E 42nd St & Lexington Avenue $ 50
4,800
$ 20,200
Lexington Ave & East 41st Street $ 26
5,600
$ 12,016
Madison Ave & East 40th Street $ 59
4,200
$ 20,562
E 41st St & Fifth Avenue $ 47
2,700
$ 10,575
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Lexington Ave & East 40th Street $ 41
2,100
$ 7,175
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 $ 2406 $ 1300 $ 775
Interior office/person $ 1656 $ 800 $ 525
Team Rooms $ 10406 $ 8050 $ 5025
Suites $ 20406 $ 12050 $ 7025

Nearby office Spaces for Rent

Address $ / SF 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 Avenue $ 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 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 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 SF Monthly Rent
E 45th St & Lexington Avenue $ 75
2,400
$ 15,000
Lexington Ave & East 42nd Street $ 61
1,500
$ 7,625
Park Ave & East 41st Street $ 85
2,300
$ 16,291
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Address $ / SF 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 $ 64
8,400
$ 44,800
Madison Ave & East 40th Street $ 65
14,600
$ 79,083
Vanderbilt Ave & East 44th Street $ 80
8,100
$ 54,337
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 $ 58
16,000
$ 78,000
Address $ / SF SF Monthly Rent
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 $ 76
3,600
$ 22,800
Madison Ave & East 41st Avenue $ 57
5,700
$ 27,075
Madison Ave & East 41st Avenue $ 62
2,600
$ 13,433
Lexington Ave & East 41st Street $ 61
3,700
$ 18,808
Vanderbilt Ave & East 44th Street $ 51
4,000
$ 17,000
Fifth Ave & East 45th Street $ 84
6,800
$ 47,600
Third Ave & Between East 44th Street $ 67
4,800
$ 26,800
E 42nd St & Lexington Avenue $ 56
3,300
$ 15,400
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue $ 132
2,000
$ 22,000
Madison Ave & East 41st Avenue $ 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 SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,016
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 39
7,900
$ 25,675
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
6,000
$ 42,250
E 40th St & Lexington Avenue $ 50
3,000
$ 12,375
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,733

Retail Spaces for Rent at 237 Park Ave

Rent Medical Space at 237 Park Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 237 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 237 Park Avenue and in the nearby Grand Central neighborhood.
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237 Park Avenue Property Overview

Building Address: 237 Park Ave, New York NY 10017
Building Alternate Address: 237 Park Ave
Zip Code:10017
Neighborhood:Grand Central
Borough:Manhattan
Stories:21
Year Built:1915
Building Class:A
Block & lot:01300-0014

237 Park Avenue is a 21-story office tower located in the heart of Midtown Manhattan's Grand Central District. The building's history is rich and complex, with significant developments over the years.

Originally, the site was redeveloped by Olympia & York in 1981. However, the building itself was constructed in 1985. It has undergone several renovations, including a major $100 million renovation by RXR Realty in 2017, which enhanced its lobby, atrium, and retail spaces.

A notable renovation was initiated by Walton Street Capital in 2017, partnering with RXR Realty, which involved a $65 million redevelopment of the lobby, atrium, and retail space.

Today, 237 Park Avenue is known for its unique blend of historical charm and modern luxury, offering Class-A office space that attracts prestigious tenants such as New York Presbyterian, Jennison Associates, and JP Morgan Chase & Co.

The building's enduring appeal is highlighted by long-standing tenant relationships, such as J. Walter Thompson, which has been a tenant since the building's opening in 1979.

Located between 45th and 46th Streets, adjacent to Grand Central Terminal, 237 Park Avenue provides unparalleled accessibility to major transportation hubs, restaurants, shops, and hotels.

237 Park Avenue is a 21-story office tower located in the heart of Midtown Manhattan's Grand Central District. It is situated between 45th and 46th Streets, adjacent to Grand Central Terminal.

The building offers large floor plates of approximately 60,000 to 62,000 square feet, providing ample space for tenants. It features an open center atrium that allows natural light to flood the interior, creating a bright and inspiring workspace.

237 Park Avenue is home to prestigious tenants such as New York Presbyterian, Jennison Associates, and JP Morgan Chase & Co. The building holds LEED Platinum certification and ongoing ENERGY STAR certification, emphasizing sustainability and green technology.

Conveniently located near multiple subway lines and Grand Central Station, the building provides easy access to transportation hubs, restaurants, shops, and hotels.


237 Park Avenue offers a range of amenities that enhance the tenant experience. These include:

  • Private Parking Garage: Convenient parking for tenants and guests.
  • 24/7 Building Access: Ensures flexibility and security for all users.
  • Bike Storage: Encourages sustainable commuting options.
  • Cafe: Provides a convenient dining option for tenants.
  • Communal Lobby Space: Offers a welcoming area for meetings and gatherings.
  • High-Speed Fiber Backbone: Supports seamless connectivity and productivity.
  • Convene Meeting Spaces: Features large-scale meeting rooms with full catering services.
  • Advanced Security Measures: Ensures tenant safety and comfort.
  • LEED Platinum Certification: Reflects a strong commitment to sustainability and green technology.

237 Park Avenue in Manhattan, NYC, is a 21-story office tower with a distinguished tenant roster. The building is home to prestigious tenants such as:

  • NewYork-Presbyterian Hospital
  • JPMorgan Chase
  • Wunderman Thompson (formerly J. Walter Thompson)
  • Jennison Associates
  • The Canadian government's Permanent Mission to the United Nations and Consulate General in New York
  • Convene (co-working firm)

Internet Providers at 237 Park Ave, Manhattan, NYC:

Residents at 237 Park Ave can access internet services from several top providers in Manhattan. The primary options include:

  • Verizon Fios: Known for its high-speed fiber-optic service, offering speeds up to 2 Gbps. It covers a significant portion of Manhattan, including areas around Park Avenue.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing and unlimited data. However, coverage may vary in certain areas of Manhattan.
  • Spectrum: Provides widespread cable internet coverage across Manhattan, with speeds up to 1 Gbps. It is a reliable option for those without access to fiber.

Convene at 237 Park Avenue, Manhattan, NYC, offers convenient transportation options:

Address: 237 Park Avenue, New York, NY 10017

Neighborhood: Central Midtown

Nearest Subway Stations: Grand Central – 42 St (4, 5, 6, 7, S trains)

Nearest Train Station: Grand Central Terminal

Bus Stops: Lexington Ave & E 47th St, Madison Ave & E 45th St, Third Ave & E 45th St

Cross Streets: Located between 45th and 46th Streets on Lexington Avenue


C2 Media Testimonial

C2 Media testimonial
🤝
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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