Rent Office 245 Park Avenue

Lease Office - 245 Park Avenue

$ / SF SF Monthly Rent
Negotiable
37,200
Negotiable
Please notify me when a new space is available
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Sublease Office - 245 Park Ave

$ / SF SF Monthly Rent
Negotiable
38,400
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2323 $ 1300 $ 775
Interior office/person $ 1573 $ 800 $ 525
Team Rooms $ 10323 $ 8050 $ 5025
Suites $ 20323 $ 12050 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue Negotiable
8,200
Negotiable
Madison Ave & East 40th Street Negotiable
15,900
Negotiable
Third Ave & East 46th Street Negotiable
7,400
Negotiable
Lexington Ave & East 47th Street Negotiable
14,200
Negotiable
Fifth Ave & East 44th Street Negotiable
12,300
Negotiable
Park Ave & East 39th Street $ 105
12,400
$ 108,500
Madison Ave & East 45th Street $ 85
14,200
$ 100,583
E 42nd St & Second Avenue Negotiable
8,200
Negotiable
Vanderbilt Ave & Between East 42nd Street Negotiable
7,200
Negotiable
E 40th St & Fifth Avenue Negotiable
7,800
Negotiable
Lexington Ave & East 42nd Street Negotiable
7,400
Negotiable
Fifth Ave & East 44th Street Negotiable
7,900
Negotiable
Third Ave & East 40th Street Negotiable
7,400
Negotiable
Third Ave & East 41st Street Negotiable
8,400
Negotiable
Third Ave & East 42nd Street Negotiable
8,000
Negotiable
Third Ave & East 46th Street Negotiable
7,900
Negotiable
Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue Negotiable
3,300
Negotiable
Madison Ave & East 40th Street Negotiable
3,900
Negotiable
E 45th St & Lexington Avenue $ 81
4,300
$ 29,025
E 44th St & East 44th Street Negotiable
5,200
Negotiable
Lexington Ave & East 41st Street Negotiable
4,300
Negotiable
Lexington Ave & East 42nd Street Negotiable
4,100
Negotiable
Third Ave & East 39th Street Negotiable
5,200
Negotiable
Third Ave & East 40th Street Negotiable
4,000
Negotiable
Third Ave & East 41st Street $ 70
4,800
$ 28,000
Third Ave & East 42nd Street Negotiable
4,200
Negotiable
Third Ave & Between East 44th Street $ 65
4,800
$ 26,000
Third Ave & East 46th Street $ 62
4,100
$ 21,183
Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue Negotiable
2,200
Negotiable
Park Ave & East 41st Street $ 85
2,300
$ 16,291
Madison Ave & East 40th Street Negotiable
2,400
Negotiable
Fifth Ave & East 45th Street Negotiable
2,000
Negotiable
E 44th St & East 44th Street $ 82
2,300
$ 15,716
Lexington Ave & East 41st Street $ 57
1,500
$ 7,125
Lexington Ave & East 42nd Street Negotiable
2,100
Negotiable
Lexington Ave & East 47th Street Negotiable
2,300
Negotiable
Third Ave & East 41st Street $ 55
1,700
$ 7,791
Third Ave & East 41st Street Negotiable
1,800
Negotiable
Third Ave & East 46th Street Negotiable
1,800
Negotiable
Third Ave & East 46th Street Negotiable
1,900
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street Negotiable
17,400
Negotiable
Fifth Ave & East 42nd Street $ 58
7,400
$ 35,766
Address $ / SF SF Monthly Rent
E 41st St & Fifth Avenue Negotiable
4,000
Negotiable
E 46th St & Fifth Avenue Negotiable
5,600
Negotiable
E 44th St & Third Avenue Negotiable
6,000
Negotiable
E 45th St & Third Avenue $ 48
5,000
$ 20,000
Madison Ave & East 40th Street Negotiable
5,900
Negotiable
Madison Ave & East 39th Street Negotiable
2,700
Negotiable
Madison Ave & East 41st Avenue Negotiable
2,600
Negotiable
Lexington Ave & East 40th Street Negotiable
2,500
Negotiable
Lexington Ave & East 41st Street Negotiable
2,700
Negotiable
Fifth Ave & East 42nd Street Negotiable
6,100
Negotiable
E 40th St & Park Avenue Negotiable
5,100
Negotiable
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue $ 132
2,000
$ 22,000
E 45th St & Third Avenue Negotiable
1,700
Negotiable
Madison Ave & East 40th Street Negotiable
1,900
Negotiable
Madison Ave & East 39th Street Negotiable
1,900
Negotiable
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
Madison Ave & East 40th Street Negotiable
1,800
Negotiable
Address $ / SF SF Monthly Rent
E 39th St & Fifth Avenue Negotiable
7,900
Negotiable
Fifth Ave & East 39th Street Negotiable
7,300
Negotiable
Address $ / SF SF Monthly Rent
E 44th St & Madison Avenue Negotiable
2,700
Negotiable
E 40th St & Lexington Avenue Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
E 44th St & Madison Avenue Negotiable
2,200
Negotiable
E 40th St & Lexington Avenue Negotiable
1,600
Negotiable

Retail Spaces for Rent

Rent Retail - 245 Park Ave

$ / SF SF >Monthly Rent
Negotiable
2,000
Negotiable
$ / SF SF >Monthly Rent
$ / SF SF >Monthly Rent

Rent Retail - 245 Park Ave

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

Nearby retail Spaces for Rent

Address $ / SF SF Monthly Rent
E 42nd St & Lexington Avenue $ 58
4,700
$ 22,716
Park Ave & East 41st Street Negotiable
16,200
Negotiable
E 42nd St & Second Avenue $ 80
4,500
$ 30,000
Park Ave & East 40th Street Negotiable
3,400
Negotiable
Madison Ave & East 39th Street Negotiable
6,000
Negotiable
Lexington Ave & East 47th Street Negotiable
5,100
Negotiable
Fifth Ave & East 44th Street Negotiable
9,700
Negotiable
E 42nd St & Madison Avenue Negotiable
2,200
Negotiable
Third Ave & Between East 44th Street Negotiable
2,100
Negotiable
Third Ave & East 46th Street Negotiable
4,000
Negotiable
Park Ave & East 39th Street Negotiable
2,800
Negotiable
E 40th St & Fifth Avenue Negotiable
3,500
Negotiable
E 42nd St & Lexington Avenue Negotiable
2,400
Negotiable
Park Ave & Lexington Avenue Negotiable
6,400
Negotiable
Third Ave & East 40th Street $ 115
2,300
$ 22,041
3rd Ave & Between East 45th Street Negotiable
2,300
Negotiable
Address $ / SF SF Monthly Rent
Park Ave & East 40th Street Negotiable
1,100
Negotiable
E 42nd St & Third Avenue Negotiable
1,200
Negotiable
Lexington Ave & East 47th Street Negotiable
1,600
Negotiable
Third Ave & East 39th Street Negotiable
1,000
Negotiable
Madison Ave & East 39th Street Negotiable
1,600
Negotiable
E 42nd St & Lexington Avenue Negotiable
1,800
Negotiable
Park Ave & Lexington Avenue Negotiable
1,900
Negotiable
Madison Ave & East 41st Avenue $ 300
1,700
$ 42,500
Madison Ave & East 44th Street Negotiable
1,700
Negotiable
Third Ave & East 43rd Street Negotiable
1,500
Negotiable
3rd Ave & Between East 45th Street Negotiable
1,800
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 44th St & Third Avenue $ 55
2,200
$ 10,083
E 44th St & Fifth Avenue Negotiable
5,000
Negotiable
Madison Ave & East 40th Street Negotiable
5,200
Negotiable
Madison Ave & Between East 44th Street Negotiable
11,200
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 40th Street Negotiable
1,600
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue Negotiable
2,100
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent

Rent Medical Space

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

Nearby medical Spaces for Rent

Address $ / SF SF Monthly Rent
Third Ave & East 41st Street Negotiable
5,500
Negotiable
Address $ / SF SF Monthly Rent
Third Ave & East 41st Street Negotiable
3,300
Negotiable
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue Negotiable
5,600
Negotiable
E 45th St & Second Avenue Negotiable
6,800
Negotiable
Madison Ave & East 41st Avenue Negotiable
5,700
Negotiable
Lexington Ave & East 41st Street $ 50
5,600
$ 23,100
Address $ / SF SF Monthly Rent
Lexington Ave & East 41st Street $ 49
4,000
$ 16,333
E 46th St & Fifth Avenue Negotiable
3,900
Negotiable
Madison Ave & East 40th Street Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
Madison Ave & East 39th Street $ 45
1,600
$ 6,000
E 39th St & Fifth Avenue $ 39
2,800
$ 9,100
E 44th St & Third Avenue $ 50
1,300
$ 5,416
Lexington Ave & East 41st Street $ 43
2,700
$ 9,675
E 40th St & Park Avenue $ 58
2,400
$ 11,700
E 40th St & Madison Avenue $ 68
1,400
$ 7,875
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 46th St & Fifth Avenue Negotiable
3,000
Negotiable
Address $ / SF SF Monthly Rent
E 40th St & Madison Avenue $ 70
2,000
$ 11,666
E 44th St & Madison Avenue $ 46
2,700
$ 10,237
245 Park Avenue nyc
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Lease 245 Park Avenue

Rent 245 Park Avenue Property Overview

Bulding Address: 245 Park Ave, New York NY 10167
Building Name: 245 Park Avenue
Building Alternate address: 245 Park Ave
Zip Code:10167
Neighborhood:Grand Central
Borough:Manhattan
Stories:45
Year Built:1966
Building Class:A
Block & lot:01301-0001

245 Park Avenue, located in Manhattan, NYC, is a prominent office building known as the American Brands Building. It was built in 1966 and has undergone significant renovations, including a major repositioning to enhance its status as a prime corporate address.

The building spans two acres, occupying the entire block between 46th and 47th Streets, and is one of the few structures in New York City to have its own zip code. Its design features a six-story podium with a façade of iridescent bronze-glazed terra cotta, evoking the style of an Italian palazzo.

245 Park Avenue is situated just blocks from Grand Central Terminal, offering convenient access to transportation. The building has been recognized for its architectural and corporate significance, contributing to the transformation of Park Avenue into a distinguished corporate corridor.

Notably, 245 Park Avenue was sold for a record $2.21 billion, marking a significant transaction in the history of commercial real estate in Manhattan.

245 Park Avenue, New York, NY 10167, is a prominent office building in Midtown Manhattan. Known as the American Brands Building, it was constructed in 1966 and features 45 stories. The building offers approximately 1,586,876 square feet of office space.

Designed by Emery Roth & Sons, the building boasts a distinctive façade and modern amenities, including a stylish lobby and state-of-the-art elevators. It is located on a full square block at the foot of Park Avenue, making it a prestigious address for businesses.

The building has undergone renovations, with the most recent alterations completed in 2011. It is classified as an Office Only building with or without Commercial spaces.


245 Park Avenue in Manhattan, NYC, offers a range of modern amenities that enhance the business experience for its tenants. The building features a stylish and welcoming lobby with a unified material palette of white oak, Italian white marble, and rich bronze accents. State-of-the-art elevators ensure smooth vertical transportation, while high-speed internet connectivity guarantees seamless communication.

A reinvigorated amenity program includes the 245 Park Club, a wellness center available to tenants. The building also offers a café and lounge, providing a comfortable space for relaxation and networking. At the roof, a multi-use pavilion and manicured landscaping reminiscent of a traditional English garden offer ample indoor and outdoor space, supporting a variety of functions day and night.

The building's prime location near Grand Central Terminal and its prestigious address make it a coveted destination for businesses seeking a distinguished presence in Midtown Manhattan.


245 Park Avenue in Manhattan, NYC, is a prestigious office building hosting a diverse range of tenants. Notable tenants include major financial institutions like Ares Management Corporation, The Norinchukin Bank, and Societe Generale. Global investment firms such as Angelo, Gordon & Co. and Blackstone Inc. are also present, alongside leading law firms like Brunswick Group and Jones Lang LaSalle. Multinational corporations including RTL Group and Amazon.com Inc. have chosen this location for their offices. Additionally, Verition Group, a leading hedge fund, has recently expanded its footprint in the building.


Internet providers available at 245 Park Ave, Manhattan, NYC, typically include:

  • Verizon Fios: Known for high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with competitive pricing.
  • Spectrum: Provides widespread coverage with speeds up to 1 Gbps.

245 Park Avenue, Manhattan, NYC

Location: 245 Park Avenue is located in the heart of Manhattan, New York City.

Cross Streets: The building is situated between East 46th Street and East 47th Street.

Transportation Options

  • Subway: The nearest subway station is Grand Central-42 St, accessible via the 4, 5, 6, 7, and S trains.
  • Bus: Nearby bus stops include Madison Ave @ 47th St, Lexington Ave & E 48th St, and Madison Av/E 46 St, served by routes BM2, BM5, M101, M2, and M4.
  • Taxi: Taxis are readily available throughout Manhattan.

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial

We love a challenge!

Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.

About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.

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