Expert Tenant Broker "No Fee"
We represent you, not the landlord

Rent Office 245 Park Avenue

Lease Office 245 Park Ave

$ / 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 at 245 Park Ave

$ / SF SF Monthly Rent
Negotiable
46,100
Negotiable
$ / 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
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
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Address $ / SF SF Monthly Rent
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
$ 20,000
Lexington Ave & East 41st Street $ 25
5,600
$ 11,783
Madison Ave & East 40th Street $ 57
4,200
$ 20,037
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
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 $ 2322 $ 1300 $ 775
Interior office/person $ 1572 $ 800 $ 525
Team Rooms $ 10322 $ 8050 $ 5025
Suites $ 20322 $ 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
$ 45,150
Madison Ave & East 40th Street $ 66
14,600
$ 79,691
Vanderbilt Ave & East 44th Street $ 81
8,100
$ 54,675
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
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
$ 22,650
Madison Ave & East 41st Avenue $ 56
5,700
$ 26,837
Madison Ave & East 41st Avenue $ 62
2,600
$ 13,325
Lexington Ave & East 41st Street $ 60
3,700
$ 18,654
Vanderbilt Ave & East 44th Street $ 50
4,000
$ 16,833
Fifth Ave & East 45th Street $ 84
6,800
$ 47,600
Third Ave & Between East 44th Street $ 66
4,800
$ 26,600
E 42nd St & Lexington Avenue $ 56
3,300
$ 15,262
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 $ 60
2,200
$ 10,908
E 42nd St & Madison Avenue $ 70
2,100
$ 12,250
Second Ave & East 43rd Street $ 58
2,300
$ 11,020
Madison Ave & East 39th Street $ 50
1,900
$ 7,995
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
$ 42,000
E 40th St & Lexington Avenue $ 49
3,000
$ 12,250
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 49
1,600
$ 6,533

Retail Spaces for Rent at 245 Park Ave

Rent Retail 245 Park Ave

$ / SF SF Monthly Rent
Negotiable
3,200
Negotiable
$ / SF SF Monthly Rent
$ / SF SF Monthly Rent

Rent Medical Space at 245 Park Ave

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 245 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 245 Park Avenue and in the nearby Grand Central neighborhood.
Find My Space!
245 Park Avenue nyc
Thank you! we will be in touch.

Before you go please fill:



Search all rental options at 245 Park Ave

245 Park Avenue Property Overview

Building 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.

RZO Advisory Group Testimonial

RZO Advisory Group 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.

Find My Space!