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Rent/Lease Office 251 Park Avenue South

$ / SF / Yr SF Monthly Rent
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Fifth Ave & East 19th Street $ 77
8,800
$ 56,466
Fifth Ave & East 16th Street $ 42
10,100
$ 35,350
Park Ave S & Between East 19th Street $ 60
7,700
$ 38,500
Fifth Ave & East 21st Street $ 69
7,300
$ 41,975
Madison Ave & East 29th Street $ 59
10,500
$ 51,625
Address $ / SF / Yr SF Monthly Rent
Fifth Ave & East 21st Street $ 71
5,200
$ 30,766
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 16th St & Park Avenue South $ 64.5
3,400
$ 18,275
Address $ / SF / Yr 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 / Yr SF Monthly Rent
Madison Ave & East 25th Street $ 92
9,100
$ 69,766
Park Ave S & East 20th Street $ 81
13,000
$ 87,750
Address $ / SF / Yr SF Monthly Rent
Park Ave S & East 17th Street $ 95
4,000
$ 31,666
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 26th St & Fifth Avenue $ 125
12,100
$ 126,041
Park Ave S & East 20th Street $ 79
13,000
$ 85,583
Park Ave S & Between East 19th Street $ 67
7,700
$ 42,991
Park Ave S & East 27th Street $ 75
8,700
$ 54,375
Broadway & Between East 13th Street $ 71
12,700
$ 75,141
Madison Ave & East 29th Street $ 61
8,300
$ 42,191
E 23rd St & Park Avenue $ 42
18,400
$ 64,400
Park Ave S & East 26th Street $ 48.5
12,000
$ 48,500
Park Ave S & East 27th Street $ 69.5
13,100
$ 75,870
Madison Ave & East 28th Street $ 40.5
18,500
$ 62,437
Fifth Ave & East 29th Street $ 79
12,500
$ 82,291
Address $ / SF / Yr SF Monthly Rent
Fifth Ave & East 29th Street $ 72
4,700
$ 28,200
Park Ave S & East 26th Street $ 75
2,700
$ 16,875
Broadway & East 18th Street $ 71.5
2,500
$ 14,895
University Pl & East 12th Street $ 49
6,500
$ 26,541
E 23rd St & Park Avenue $ 41
6,100
$ 20,841
Broadway & East 20th Street $ 75
3,700
$ 23,125
Broadway & Between East 19th Street $ 76.5
5,300
$ 33,787
Park Ave S & East 26th Street $ 71
3,900
$ 23,075
Union Sq W & East 16th Street $ 67
3,700
$ 20,658
Address $ / SF / Yr SF Monthly Rent
E 23rd St & Third Avenue $ 45.5
2,400
$ 9,100
Broadway & East 18th Street $ 73.5
1,800
$ 11,025
Park Ave S & East 26th Street $ 63
2,100
$ 11,025
Fifth Ave & East 29th Street $ 72.6
2,000
$ 12,100
Broadway & Between East 19th Street $ 75
2,200
$ 13,750
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 30th Street $ 39.5
11,000
$ 36,208
E 23rd St & Lexington Avenue $ 67.5
21,600
$ 121,500
E 19th St & Broadway $ 52.5
7,700
$ 33,687
Address $ / SF / Yr SF Monthly Rent
E 23rd St & Park Avenue $ 35
2,800
$ 8,166
Fifth Ave & Between East 28th Street $ 51.5
5,000
$ 21,458
E 19th St & Broadway $ 53.5
5,500
$ 24,520
Fifth Ave & East 29th Street $ 58
2,500
$ 12,083
Address $ / SF / Yr SF Monthly Rent
E 28th St & Park Avenue South $ 38.5
2,300
$ 7,379
Broadway & East 21st Street $ 74.5
1,800
$ 11,175

Retail Spaces for Rent at 251 Park Avenue South

Rent Retail 251 Park Avenue South

Rent Medical Space at 251 Park Avenue South

Office Tenants Rented / Leased 251 Park Avenue South
  • Alfa Development leased 7,663 SF
  • The Points Guy leased 7,659 SF
  • Globant leased 7,656 SF
  • Pond5 leased 7,659 SF
  • Tusk Strategies leased 7,663 SF
  • Pond5 leased 7,659 SF
  • Bonnier Publishing leased 7,659 SF
  • BBC leased 7,000 SF
Nearby Office Tenants Leased
  • JLA Home leased 36,200 SF at 11 East 26th St
  • Elizabeth Arden leased 35,698 SF at 200 Park Avenue South
  • Left/Right leased 34,000 SF at 39 West 19th Street
  • The Atlantic leased 33,609 SF at 60 Madison Ave
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • Work Better leased 33,103 SF at 33 West 19th St
  • The Yard leased 33,000 SF at 246 Fifth Avenue
  • Looker Data Sciences, Inc. leased 33,000 SF at 40 West 25th St
  • LinkShare Corporation leased 33,000 SF at 215 Park Ave S
  • Petco leased 29,989 SF at 860 Broadway
Nearby Retail Tenants Leased
  • Ricky's leased 6,000 SF at 1133 Broadway
  • Free People leased 6,000 SF at 79 Fifth Ave
  • Duane Reade leased 6,000 SF at 184 Fifth Ave
  • Theory leased 5,500 SF at 139 Fifth Ave
  • Silk Trading leased 5,400 SF at 936 Broadway
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Kellogg's NYC leased 5,000 SF at 31 East 17th Street
  • Straussie's leased 4,954 SF at 41 Madison Avenue
  • New York Community Bank leased 4,811 SF at 404 Park Ave South
  • Schnipper's Quality Kitchen leased 4,790 SF at One Madison 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 251 Park Avenue South. This trend is projected to continue. Opportunities for subleases remain available at 251 Park Avenue South and in the nearby Gramercy Park neighborhood.
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Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

251 Park Avenue South Property Overview

Building Address: 251 Park Avenue South, New York NY 10010
Building Alternate Address: 251 Park Ave South
Zip Code:10010
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:16
Year Built:1909
Building Class:B
Block & lot:00876-0001

251 Park Avenue South is a notable prewar office building located in Manhattan's vibrant Flatiron District, at the corner of 20th Street. Completed in 1909, this 16-story structure features a neoclassical design with a façade of light stone tile and large glass windows of various shapes, enhancing its visual appeal. The façade is distinctly divided into three parts, with the bottom two floors covered in more solid material, characteristic of early 20th-century architecture.

The building offers impressive interior features, including 12-foot ceilings on the lower floors and ceilings that reach up to 16 feet on the upper floors, providing bright and spacious office environments. Over the years, 251 Park Avenue South has attracted a variety of commercial tenants, including long-term occupants such as Maharam, a fabric design company, and Santander Bank on the ground floor.

Situated in one of New York City's most active office markets, the building benefits from its prime Midtown South location, near landmarks such as Gramercy Park, Union Square, the Flatiron Building, Baruch College, and the Metropolitan Life Insurance Tower. The surrounding neighborhood is known for its eclectic mix of retail, dining, and cultural venues, contributing to the building's desirability.

A major renovation is planned to update the building’s windows, lobby, elevators, and mechanical systems, alongside the design of pre-built suites to meet modern office standards. The property's location provides easy access to public transportation and is within walking distance to Union Square Station, making it highly accessible.

251 Park Avenue South, Manhattan, NYC is a notable address in the heart of the Flatiron District. The building, constructed in 1909 (or 1910 depending on the source), boasts 16 stories and hosts several prominent furniture brands. This location is home to the MillerKnoll New York flagship store, featuring brands like Knoll, Muuto, Herman Miller, Geiger, and more. It stands out for its rich history, having housed various design-related businesses over the years.


251 Park Avenue South Building Amenities

251 Park Avenue South is a 16-story prewar commercial office building in Manhattan’s Flatiron District/Gramercy Park neighborhood, originally built in 1909 and classified as a Class B building.

The building offers:

  • Magnificent views of Midtown South
  • Façade of light stone tile with large glass windows of various shapes
  • 12-foot ceilings on lower floors and up to 16-foot ceilings on upper floors
  • Bright and open office spaces with exposed ceilings
  • Tenant-controlled air conditioning
  • Five glass-fronted offices, one glass-fronted conference room, open area accommodating 56+ workstations, and a collaborative pantry
  • Planned major renovations including upgrades to windows, lobby, elevators, and mechanical systems
  • Pre-built suite options designed for modern office needs

Its location offers proximity to public transportation hubs, popular retail and dining destinations, and is near Gramercy Park, Union Square, and Madison Square Parks.


251 Park Avenue South, Manhattan, NYC

251 Park Avenue South is a 16-story prewar office building located at the corner of 20th Street, in Manhattan’s Flatiron District/Union Square/Gramercy Park neighborhood. Built in 1909, the property features approximately 120,000 square feet of rentable office space with distinctive architectural elements such as a light stone tile façade, large glass windows, and ceilings ranging from 12 to 16 feet high. The building overlooks Midtown South and is situated in one of the most active and vibrant office markets in the country.

The building is prominently home to long-term tenants including Maharam, a fabric design company occupying more than 20,000 square feet on the upper floors. Santander Bank occupies retail space on the ground floor, contributing to the mixed-use nature of the property. The tenant base primarily consists of TAMI sector companies—Technology, Advertising, Media, and Information—reflecting the area's reputation as a hub for these industries.

Located within walking distance of Gramercy Park and Union Square, the building benefits from excellent public transportation access and proximity to a variety of distinguished retailers and dining establishments. Nearby landmarks include Baruch College, Gramercy Park Hotel, the Metropolitan Life Insurance Tower, and the iconic Flatiron Building.

The building is undergoing a major renovation program encompassing updates to the windows, lobby, elevators, and mechanical systems. Pre-built office suites will be available featuring bright, open layouts with exposed ceilings and tenant-controlled HVAC systems. The mix of collaborative pantries, glass-fronted conference rooms, and flexible office spaces caters to modern office needs, enhancing the tenant experience.


Internet Providers at 251 Park Avenue South, Manhattan, NYC

Residents and businesses at 251 Park Avenue South in Manhattan have access to several reliable internet service providers offering a range of options including fiber, cable, and other high-speed connections.

Verizon Fios

Verizon Fios is a leading fiber-optic internet provider in the area, known for extremely fast, symmetrical speeds up to 2 Gbps. It is highly rated for reliability and customer service, making it the top choice for most New Yorkers.

Astound Broadband (formerly RCN)

Astound Broadband offers both cable and fiber internet with competitive pricing and unlimited data usage. Their fiber service covers much of Manhattan, including 251 Park Avenue South, and provides speeds up to 1.5 Gbps.

Spectrum

Spectrum provides widely available cable and fiber internet throughout Manhattan, including this building, with download speeds reaching up to 1 Gbps and no data caps. It is a popular option for those seeking bundled services.

Optimum

Optimum offers high-speed cable and fiber internet with some of the fastest plans available in New York City, reaching speeds up to 8 Gbps in select areas, suitable for heavy internet users.


251 Park Avenue South is located in the heart of Manhattan's Flatiron District/Union Square/Gramercy Park neighborhood. This iconic building is situated at the corner of East 20th Street and Park Avenue South.

Transportation Options:

  • Bus: Routes include 28, BM3, BXM4, M1, M2.
  • Subway: Nearest stations are 14 St/6 Av, 23 St, and 14 St-Union Sq serviced by lines 4, 5, R, W, D, L.
  • Train: The PATH train is nearby, running from 3:30 AM to 12:00 AM.

Neighboring Cross Streets: - East 20th Street - East 23rd Street

This area is close to major attractions like Gramercy Park and Union Square.

Office Tenants Rented / Leased 251 Park Avenue South
  • Alfa Development leased 7,663 SF
  • The Points Guy leased 7,659 SF
  • Globant leased 7,656 SF
  • Pond5 leased 7,659 SF
  • Tusk Strategies leased 7,663 SF
  • Pond5 leased 7,659 SF
  • Bonnier Publishing leased 7,659 SF
  • BBC leased 7,000 SF
Nearby Office Tenants Leased
  • JLA Home leased 36,200 SF at 11 East 26th St
  • Elizabeth Arden leased 35,698 SF at 200 Park Avenue South
  • Left/Right leased 34,000 SF at 39 West 19th Street
  • The Atlantic leased 33,609 SF at 60 Madison Ave
  • Enigma Technologies, Inc. leased 33,406 SF at 245 Fifth Ave
  • Work Better leased 33,103 SF at 33 West 19th St
  • The Yard leased 33,000 SF at 246 Fifth Avenue
  • Looker Data Sciences, Inc. leased 33,000 SF at 40 West 25th St
  • LinkShare Corporation leased 33,000 SF at 215 Park Ave S
  • Petco leased 29,989 SF at 860 Broadway
Nearby Retail Tenants Leased
  • Ricky's leased 6,000 SF at 1133 Broadway
  • Free People leased 6,000 SF at 79 Fifth Ave
  • Duane Reade leased 6,000 SF at 184 Fifth Ave
  • Theory leased 5,500 SF at 139 Fifth Ave
  • Silk Trading leased 5,400 SF at 936 Broadway
  • Philippe Massoud restaurant leased 5,000 SF at 236 Fifth Ave
  • Kellogg's NYC leased 5,000 SF at 31 East 17th Street
  • Straussie's leased 4,954 SF at 41 Madison Avenue
  • New York Community Bank leased 4,811 SF at 404 Park Ave South
  • Schnipper's Quality Kitchen leased 4,790 SF at One Madison Ave

Nuverse Advisor LLC Testimonial

Nuverse Advisor LLC testimonial Dear Stephen, We would like to thank you for your assistance in helping us to arrange a sublet in Olympic Tower. My partners and I were determined to sublet a space that was fully furnished and equipped to our specifications at a fair market value. We utilized several different brokers, but we found that only you consistently found new sublet opportunities for us during the entire year of our search. When we began our search, prices for Class A office space in the Plaza District ranged from $80-150/RSF, by the end of our search the prices had fallen to $50-$85/RSF. Your hard work and tenacity at finding new listings allowed us to find the ideal space at the right price in Class A. Thanks for sticking with us. Sincerely, Elias Saal

Office Buildings in Gramercy Park

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