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Rent/Lease Office 381 Park Avenue South

$ / SF SF Monthly Rent
$ 75
3,800
$ 23,750
Negotiable
10,400
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF 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
Madison Ave & East 29th Avenue $ 59
10,500
$ 51,625
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
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 $ 2100 $ 1737 $ 775
Interior office/person $ 1350 $ 1237 $ 525
Team Rooms $ 10100 $ 8487 $ 5025
Suites $ 20100 $ 12487 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Madison Ave & East 25th Street $ 92
9,100
$ 69,766
Park Ave S & East 20th Street $ 80
13,000
$ 87,208
Address $ / SF SF Monthly Rent
Park Ave S & East 17th Street $ 95
4,000
$ 31,666
Address $ / SF SF Monthly Rent
Address $ / SF 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 $ 66
7,700
$ 42,670
Park Ave S & East 27th Street $ 75
8,700
$ 54,375
Broadway & Between East 13th Street $ 70
12,700
$ 74,083
Madison Ave & East 29th Avenue $ 60
8,300
$ 41,845
E 23rd St & Park Avenue $ 41
18,400
$ 62,866
Park Ave S & East 26th Street $ 48
12,000
$ 48,000
Park Ave S & East 27th Street $ 69
13,100
$ 75,325
Madison Ave & East 28th Street $ 40
18,500
$ 60,895
Fifth Ave & East 29th Street $ 78
12,500
$ 81,770
Address $ / SF SF Monthly Rent
Fifth Ave & East 29th Street $ 73
4,700
$ 28,591
Broadway & East 18th Street $ 72
2,500
$ 15,104
University Pl & East 12th Street $ 50
6,500
$ 27,083
E 23rd St & Park Avenue $ 42
6,100
$ 21,350
Broadway & East 20th Street $ 76
3,700
$ 23,433
Broadway & Between East 19th Street $ 76
5,300
$ 33,787
Park Ave S & East 26th Street $ 70
3,900
$ 22,912
Union Sq W & East 16th Street $ 66
3,700
$ 20,504
Address $ / SF SF Monthly Rent
E 23rd St & Third Avenue $ 46
2,400
$ 9,100
Broadway & East 18th Street $ 74
1,800
$ 11,025
Park Ave S & East 26th Street $ 63
2,100
$ 11,025
Fifth Ave & East 29th Street $ 72
2,000
$ 12,016
Broadway & Between East 19th Street $ 75
2,200
$ 13,750
Address $ / SF SF Monthly Rent
Madison Ave & East 30th Street $ 39
11,000
$ 35,750
E 23rd St & Lexington Avenue $ 67
21,600
$ 120,600
E 19th St & Broadway $ 52
7,700
$ 33,687
Address $ / SF SF Monthly Rent
E 23rd St & Park Avenue $ 35
2,800
$ 8,166
Fifth Ave & Between East 28th Street $ 52
5,000
$ 21,875
E 19th St & Broadway $ 54
5,500
$ 24,979
Fifth Ave & East 29th Street $ 59
2,500
$ 12,291
Address $ / SF SF Monthly Rent
E 28th St & Park Avenue South $ 38
2,300
$ 7,379
Broadway & East 21st Street $ 74
1,800
$ 11,175

Retail Spaces for Rent at 381 Park Avenue South

Rent Medical Space at 381 Park Avenue South

$ / SF SF Monthly Rent
Negotiable
2,600
Negotiable
Office Tenants Rented / Leased 381 Park Avenue South
  • 21Grams leased 14,000 SF
  • ListenFirst Media leased 10,439 SF
  • Davos Brands leased 2,412 SF
  • Fuze leased 5,844 SF
  • Knowledgent Group leased 4,747 SF
  • Sepp Leaf Products leased 4,617 SF
  • Superfly Productions leased 16,267 SF
  • Besen & Associates leased 15,577 SF
  • Manhattan Total Health & Physical Medicine leased 2,527 SF
  • Manhattan Total Health & Physical Medicine leased 2,527 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
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 381 Park Avenue South. This trend is projected to continue. Opportunities for subleases remain available at 381 Park Avenue South and in the nearby Gramercy Park neighborhood.
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381 Park Avenue South Property Overview

Building Address: 381 Park Avenue South, New York NY 10016
Building Alternate Address: 381 Park Ave South
Zip Code:10016
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:16
Year Built:1910
Building Class:B
Block & lot:00882-0085

381 Park Avenue South, located in Manhattan's Flatiron District, is a notable commercial office building. Here's a brief overview of its history and features:

381 Park Avenue South is a 17-floor office building with a total area of 228,000 square feet. It was built in 1910 and features a terracotta façade with intricate architectural details such as fan arches, fluted spandrels, sills, jambs, lintels, ornate columns, and decorative urns, reflecting the beauty of old New York architecture. The building is owned and operated by ATCO, a real estate investment and management company.

Situated between 26th and 27th Streets, 381 Park Avenue South offers flexible floorplates ranging from full floors of up to 14,000 square feet to smaller spaces of 730 square feet. It provides sunny exposures with excellent northern and western views, making it ideal for businesses seeking natural light and a cohesive layout.

The neighborhood is vibrant, being close to the Flatiron Building, Madison Square Park, and a variety of dining options like Sarabeth's, which is housed within the building. The location is also strategic, with easy access to public transportation, including the 6, R, and W trains.

381 Park Avenue South, Manhattan, NYC

381 Park Avenue South is a historic 17-floor commercial office building located between 26th and 27th Streets in Manhattan’s Flatiron District.

The building encompasses 228,000 square feet and features a terracotta façade with detailed classical architectural elements such as fan arches, fluted spandrels, sills, jambs, lintels, ornate columns, and decorative urns.

It offers flexible floorplates ranging from 730 to 14,000 square feet, with excellent northern and western views providing sunny exposures.

Situated in a prime location, 381 Park Avenue South is a few blocks from the 6, R, and W subway lines and close to Madison Square Park, the Flatiron Building, and a vibrant neighborhood known for shopping, restaurants, nightlife, and cultural events.

Nearby landmarks include the Empire State Building, Gramercy Park, Union Square, and Eataly.

The building is owned and managed by ATCO, emphasizing exceptional property management and state-of-the-art boutique office amenities.

381 Park Avenue South is also home to Sarabeth’s, an American fare restaurant known for its culinary offerings.


381 Park Avenue South, located in the Flatiron District of Manhattan, offers a variety of amenities that enhance its historic charm:

  • Communal Lobby Space: A beautifully designed lobby area for guests and tenants.
  • Communal Outdoor Space: Available for tenants to relax and enjoy the surroundings.
  • Lobby Attendant: Ensuring a welcoming and secure environment.
  • 24/7 Attended Lobby: Providing continuous service and security.
  • Central HVAC: Modern heating and cooling systems for comfort.
  • Polished Concrete Floors: Enhancing the building's industrial-chic aesthetic.
  • Flexible Floorplates: Ranging from 730 SF to full floors of up to 14,000 SF, offering sunny exposures and low loss factors.
  • Prime Location: Close to Madison Square Park, renowned restaurants, and vibrant nightlife.
  • Shared Amenities: Including a conference room and pantry facilities.
  • 24-hour Security Staff: Ensuring a safe work environment.
  • Four Passenger Elevators: Providing quick and convenient access to all floors.
  • On-Site Dining: Featuring Sarabeth’s restaurant for convenient dining options.
  • Proximity to Public Transportation: Easy access to the 6, R, and W trains.

Tenants Rented / Leased at 381 Park Avenue South, Manhattan, NYC

381 Park Avenue South is a distinguished 17-floor commercial office building with approximately 228,000 square feet of space located in the Flatiron District of Manhattan. The building features flexible floorplates with full floors up to 14,000 SF and smaller office suites ranging from around 700 SF to over 10,000 SF.

Among the confirmed tenants and leases:

  • Goldstein, Rikon, Rikon, & Levi PC renewed a five-year lease for a 4,400-square-foot space on the 9th floor as of April 2024.
  • Various suites ranging in size from 425 SF up to 14,000 SF have been tenant-occupied across multiple floors, including suites 101, 428, 615, 621, 401, 601/613, 801, 815/17/19, 823, 1001, 1015, 1120, 1216, 1019, 1123, 1310, 1118, 1214, and the Penthouse suite.

The building is home to a vibrant tenant mix including law firms, financial and technology companies utilizing both full floors and smaller office suites. The office tower features modern amenities such as tenant-controlled central air conditioning, a newly renovated lobby, 24/7 security with turnstile access, and state-of-the-art infrastructure including fiber internet connectivity.

Notable office space includes:

  • 8th Floor sublet of 4,340 SF with loft-style offices, private offices, conference rooms, and a large bullpen area for 20-30 workstations.
  • Various other full floor offices of approximately 14,000 SF available and leased by different businesses.

381 Park Avenue South combines classical architecture with modern office standards, providing tenants with prime Midtown South location benefits and access to nearby amenities such as Madison Square Park and popular restaurants including Sarabeth’s and Dos Caminos.


381 Park Avenue South, Manhattan, NYC has access to several top internet providers offering a range of high-speed options primarily through fiber and cable connections.

Internet Providers Available

Verizon Fios

Verizon Fios offers high-speed fiber-optic internet with plans starting around $49.99 per month, delivering speeds up to 2 Gbps. Known for reliable, symmetrical upload and download speeds, it is widely regarded as the best fiber internet option in Manhattan. Verizon Fios service coverage includes most parts of Manhattan, making it likely available at this location.

Astound Broadband Powered by RCN

Astound Broadband provides both cable and fiber services with plans starting at approximately $35 per month. It offers speeds up to 1.5 Gbps and is known for competitive pricing and unlimited data usage. Its cable and fiber network cover much of Manhattan, including Midtown areas.

Spectrum

Spectrum offers cable and fiber internet with plans starting near $30 per month and speeds up to 1 Gbps. Spectrum has ubiquitous coverage in Manhattan and is a common fallback provider where fiber service is unavailable.

Optimum

Optimum also provides cable and fiber internet in the city with very high speeds (up to 8 Gbps in select areas) and plans starting around $40 per month. It is another major provider servicing Manhattan neighborhoods.

These providers generally cover the building at 381 Park Avenue South, offering fast and reliable internet options suitable for residential and office needs in Manhattan.


381 Park Avenue South is situated in the heart of Manhattan's Flatiron District. It is conveniently located near the 6, R, and W subway trains, making it easily accessible via public transportation. The closest cross streets are Park Avenue South and 25th Street, but it is between 27th and 26th Streets. Nearby bus stops include Park Av South/E 18 St and Park Av South/E 22 St.

Office Tenants Rented / Leased 381 Park Avenue South
  • 21Grams leased 14,000 SF
  • ListenFirst Media leased 10,439 SF
  • Davos Brands leased 2,412 SF
  • Fuze leased 5,844 SF
  • Knowledgent Group leased 4,747 SF
  • Sepp Leaf Products leased 4,617 SF
  • Superfly Productions leased 16,267 SF
  • Besen & Associates leased 15,577 SF
  • Manhattan Total Health & Physical Medicine leased 2,527 SF
  • Manhattan Total Health & Physical Medicine leased 2,527 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
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl
Office Tenants Rented / Leased 381 Park Avenue South
  • 21Grams leased 14,000 SF
  • ListenFirst Media leased 10,439 SF
  • Davos Brands leased 2,412 SF
  • Fuze leased 5,844 SF
  • Knowledgent Group leased 4,747 SF
  • Sepp Leaf Products leased 4,617 SF
  • Superfly Productions leased 16,267 SF
  • Besen & Associates leased 15,577 SF
  • Manhattan Total Health & Physical Medicine leased 2,527 SF
  • Manhattan Total Health & Physical Medicine leased 2,527 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
  • Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
  • Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
  • SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • La Mar leased 9,000 SF at 11 Madison Ave
  • Burger & Lobster leased 8,900 SF at 1 Bryant Park
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Sweetgreen leased 2,000 SF at 10 Hudson Yards
  • Choza Taqueria leased 1,000 SF at 100 Park Ave
  • The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
  • Simit and Smith leased 400 SF at 11 Waverly Pl

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial
🤝
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.
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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?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
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.

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