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

Rent/Lease Office 245 Park Ave

Lease Office 245 Park Ave

Rent Sublease Office at 245 Park Ave

$ / SF SF Monthly Rent
Negotiable

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 $ 55
12,900
$ 59,125
5th Ave & East 44th Street $ 70
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 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 SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Park Ave & East 40th Street $ 68
2,000
$ 11,250
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 $ 52
4,800
$ 20,800
Lexington Ave & East 41st Street $ 27
5,600
$ 12,716
Madison Ave & East 40th Street $ 59
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 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
Tipo de espacio Clase A/mes Clase B/mes Clase C/mes
Oficina con ventana/persona
Oficina interior/persona
Salas de equipo
Suites

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 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 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 $ 65
8,400
$ 45,500
Madison Ave & East 40th Street $ 66
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 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 Avenue $ 56
5,700
$ 26,600
Madison Ave & East 41st Avenue $ 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 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 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
$ 64,400
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 40
7,900
$ 26,004
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
6,000
$ 41,750
E 40th St & Lexington Avenue $ 48
3,000
$ 12,125
Address $ / SF SF Monthly Rent
E 40th St & Lexington Avenue $ 50
1,600
$ 6,733

Retail Spaces for Rent at 245 Park Ave

Rent Retail 245 Park Ave

$ / SF SF Monthly Rent
Negotiable
Office Tenants Rented / Leased 245 Park Avenue
  • MIO Partners leased 2,319 SF
  • Houlihan Lokey leased 148,732 SF
  • Berkery Noyes leased 1,500 SF
  • 245 Park Dental leased 3,838 SF
  • Ares Commercial Real Est… leased 39,164 SF
  • Ares Real Estate Manage… leased 98,330 SF
  • ATL PARTNERS leased 10,000 SF
  • Woori Bank New York Age… leased 14,320 SF
  • Verition Fund Management leased 38,102 SF
  • Amherst Pierpont Securiti… leased 36,105 SF
Retail Tenants Rented / Leased 245 Park Avenue
  • Juan Valdez Caf leased 1,750 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
Nearby Retail Tenants Leased
  • FILA leased 4,087 SF at 340 Madison 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
$ / 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 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.
Office Tenants Rented / Leased 245 Park Avenue
  • MIO Partners leased 2,319 SF
  • Houlihan Lokey leased 148,732 SF
  • Berkery Noyes leased 1,500 SF
  • 245 Park Dental leased 3,838 SF
  • Ares Commercial Real Est… leased 39,164 SF
  • Ares Real Estate Manage… leased 98,330 SF
  • ATL PARTNERS leased 10,000 SF
  • Woori Bank New York Age… leased 14,320 SF
  • Verition Fund Management leased 38,102 SF
  • Amherst Pierpont Securiti… leased 36,105 SF

Retail Tenants Rented / Leased 245 Park Avenue
  • Juan Valdez Caf leased 1,750 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

Nearby Retail Tenants Leased
  • FILA leased 4,087 SF at 340 Madison 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
Office Tenants Rented / Leased 245 Park Avenue
  • MIO Partners leased 2,319 SF
  • Houlihan Lokey leased 148,732 SF
  • Berkery Noyes leased 1,500 SF
  • 245 Park Dental leased 3,838 SF
  • Ares Commercial Real Est… leased 39,164 SF
  • Ares Real Estate Manage… leased 98,330 SF
  • ATL PARTNERS leased 10,000 SF
  • Woori Bank New York Age… leased 14,320 SF
  • Verition Fund Management leased 38,102 SF
  • Amherst Pierpont Securiti… leased 36,105 SF
Retail Tenants Rented / Leased 245 Park Avenue
  • Juan Valdez Caf leased 1,750 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
Nearby Retail Tenants Leased
  • FILA leased 4,087 SF at 340 Madison 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

Recent News About 245 Park Avenue

Panelz USA Testimonial

Panelz USA testimonial To whom it may concern, I want to thank Dorothy Kolev and Optimal Spaces Inc. for the excellent job they did in finding us our space. Dorothy made many presentations to us but never lost interest or gave up, she was fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. We are very satisfied with the services of Optimal Spaces Inc. I have recommended her and Optimal Spaces Inc. to friends and colleagues. Sincerely, David Yagerman Panelz USA SHOWROOM 20 West 22nd St, Suite 908 New York, NY 10010
🤝
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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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.
Find My Space!