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Rent/Lease Office 245 Park Ave

Lease Office 245 Park Ave

$ / SF SF Monthly Rent
Negotiable

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 $ 36
49,100
$ 145,254
Lexington Ave & East 43rd Street $ 53
12,900
$ 56,975
5th Ave & East 44th Street $ 71
9,600
$ 56,800
Park Ave & East 45th Street $ 98
9,700
$ 79,620
E 42nd St & Lexington Avenue $ 40
55,700
$ 187,987
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 $ 64
3,800
$ 20,108
5th Ave & East 44th Street $ 69
7,000
$ 40,250
Park Ave & East 40th Street $ 66
4,300
$ 23,829
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 50
2,100
$ 8,750
Park Ave & East 40th Street $ 66
2,000
$ 10,916
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 40
10,300
$ 34,333
Lexington Ave & East 41st Street $ 25
7,300
$ 15,360
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 $ 59
4,200
$ 20,737
E 41st St & Fifth Avenue $ 48
2,700
$ 10,687
Fifth Ave & East 45th Street $ 54
3,400
$ 15,441
Address $ / SF SF Monthly Rent
Fifth Ave & East 45th Street $ 52
2,100
$ 9,012
Lexington Ave & East 40th Street $ 42
2,100
$ 7,262
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
Interior office/person
Team Rooms
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 $ 76
3,300
$ 20,900
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 $ 66
8,400
$ 45,850
Madison Ave & East 40th Street $ 66
14,600
$ 80,300
Vanderbilt Ave & East 44th Street $ 80
8,100
$ 53,662
Fifth Ave & East 45th Street $ 68
7,900
$ 44,766
E 44th St & Third Avenue $ 58
8,400
$ 40,950
E 45th St & Third Avenue $ 48
7,100
$ 28,695
Madison Ave & East 40th Street $ 57
16,000
$ 76,000
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
E 42nd St & Lexington Avenue $ 76
3,300
$ 20,900
Madison Ave & East 40th Street $ 45
3,500
$ 13,125
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
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 $ 59
2,200
$ 10,816
E 42nd St & Madison Avenue $ 70
2,100
$ 12,162
Second Ave & East 43rd Street $ 57
2,300
$ 10,925
Madison Ave & East 39th Street $ 50
1,900
$ 7,916
Address $ / SF SF Monthly Rent
Fifth Ave & Between East 42nd Street $ 84
9,200
$ 64,783
Fifth Ave & East 39th Street $ 52
7,300
$ 31,633
E 39th St & Fifth Avenue $ 40
7,900
$ 26,333
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 $ 48
1,600
$ 6,466

Retail Spaces for Rent at 245 Park Ave

Rent Retail 245 Park Ave

$ / SF SF Monthly Rent
Negotiable

Rent Medical Space at 245 Park Ave

Office Tenants Rented / Leased 245 Park Avenue
  • Angelo Gordon leased 50,000 SF
  • Pierpont Securities leased 36,000 SF
  • Angelo Gordon & Co. leased 74,766 SF
  • Skandinaviska Enskilda Banken leased 20,700 SF
  • Societe Generale leased 444,000 SF
  • Ares Capital Corporation leased 59,714 SF
  • DiMaio Ahmad Capital leased 23,826 SF
  • Skandinaviska Enskilda Banken leased 17,000 SF
  • Major League Baseball leased 147,000 SF
  • Nemec Agency leased 45,000 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
$ / 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.
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245 Park Avenue nyc
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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
  • Angelo Gordon leased 50,000 SF
  • Pierpont Securities leased 36,000 SF
  • Angelo Gordon & Co. leased 74,766 SF
  • Skandinaviska Enskilda Banken leased 20,700 SF
  • Societe Generale leased 444,000 SF
  • Ares Capital Corporation leased 59,714 SF
  • DiMaio Ahmad Capital leased 23,826 SF
  • Skandinaviska Enskilda Banken leased 17,000 SF
  • Major League Baseball leased 147,000 SF
  • Nemec Agency leased 45,000 SF

Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
Office Tenants Rented / Leased 245 Park Avenue
  • Angelo Gordon leased 50,000 SF
  • Pierpont Securities leased 36,000 SF
  • Angelo Gordon & Co. leased 74,766 SF
  • Skandinaviska Enskilda Banken leased 20,700 SF
  • Societe Generale leased 444,000 SF
  • Ares Capital Corporation leased 59,714 SF
  • DiMaio Ahmad Capital leased 23,826 SF
  • Skandinaviska Enskilda Banken leased 17,000 SF
  • Major League Baseball leased 147,000 SF
  • Nemec Agency leased 45,000 SF
Nearby Office Tenants Leased
  • Boston Consulting Group leased 193,295 SF at 10 Hudson Yards
  • Yext leased 58,194 SF at 1 Madison Ave
  • Phoenix Constructors leased 55,000 SF at 100 Broadway
  • SourceMedia leased 42,460 SF at 1 Whitehall St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • Eddie Bauer leased 7,400 SF at 100 Fifth Ave
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Duane Reade leased 1,888 SF at 100 Broadway
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza

Nothing else matters Software Testimonial

Nothing else matters Software testimonial To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. based on the excellent job they did assisting us in finding a lease at 215 Park Avenue South. They were fast and efficient in locating spaces that met our requirements and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Donald H. Rutherford CFO
🤝
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.

Office Buildings by Class in Grand Central

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