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Rent/Lease Office 387 Park Avenue South

$ / SF SF Monthly Rent
$ 86

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
Fifth Ave & East 21st Street $ 69
7,300
$ 41,975
Madison Ave & East 29th Avenue $ 59
10,500
$ 51,625
Address $ / SF SF Monthly Rent
Fifth Ave & East 21st Street $ 71
5,200
$ 30,766
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 16th St & Park Avenue South $ 64
3,400
$ 18,275
Address $ / SF SF Monthly Rent
Tipo di spazio Classe A/mese Classe B/mese Classe C/mese
Ufficio con finestra/persona
Ufficio interno/persona
Sale per team
Suite

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 $ 81
13,000
$ 87,750
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 $ 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 Avenue $ 61
8,300
$ 42,191
E 23rd St & Park Avenue $ 42
18,400
$ 64,400
Park Ave S & East 26th Street $ 48
12,000
$ 48,500
Park Ave S & East 27th Street $ 70
13,100
$ 75,870
Madison Ave & East 28th Street $ 40
18,500
$ 62,437
Fifth Ave & East 29th Street $ 79
12,500
$ 82,291
Address $ / SF 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 $ 72
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
5,300
$ 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 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 $ 73
2,000
$ 12,100
Broadway & Between East 19th Street $ 75
2,200
$ 13,750
Address $ / SF SF Monthly Rent
Madison Ave & East 30th Street $ 40
11,000
$ 36,208
E 23rd St & Lexington Avenue $ 68
21,600
$ 121,500
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
$ 21,458
E 19th St & Broadway $ 54
5,500
$ 24,520
Fifth Ave & East 29th Street $ 58
2,500
$ 12,083
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 387 Park Avenue South

Rent Retail 387 Park Avenue South

Rent Medical Space at 387 Park Avenue South

Office Tenants Rented / Leased 387 Park Avenue South
  • Criteo leased 20,000 SF
  • Silicon Valley Bank leased 20,000 SF
  • Criteo leased 19,269 SF
  • Citi Habitats leased 19,000 SF
  • Perseus Books leased 1,660 SF
  • Empire Office leased 26,369 SF
  • State University of New York at Stony Brook leased 18,000 SF
  • Sterling Publishing Co. leased 52,054 SF
Retail Tenants Rented / Leased 387 Park Avenue South
  • CVS leased 7,550 SF
  • Artisanal Fromagerie Bistro leased 10,700 SF
  • Jeff Lagowitz, Savills Studley leased 11,000 SF
  • Barry's Bootcamp leased 4,061 SF
  • TF Cornerstone leased 4,601 SF
Nearby Office Tenants Leased
  • Superfly Productions leased 16,267 SF at 381 Park Avenue South
  • Union Square Hospitality… leased 15,126 SF at 853 Broadway
  • New York Dermatology Gr… leased 14,182 SF at 119 Fifth Ave
  • Knotel leased 14,174 SF at 41 Union Square West
  • Ackerman Institute for th… leased 14,000 SF at 936 Broadway
  • T. Rowe Price leased 13,450 SF at 233 Park Avenue South
  • Piano leased 13,092 SF at 85 Fifth Ave
  • Levy Alan Chiropractor leased 13,000 SF at 920 Broadway
  • OTG Management leased 12,200 SF at 352 Park Ave South
  • Endeavor Global leased 12,000 SF at 900 Broadway
Nearby Retail Tenants Leased
  • The Shade Store leased 1,610 SF at 254 Park Avenue South
  • EXKi leased 1,500 SF at 257 Park Ave South
  • Monsoon Accessorize USA leased 500 SF at 1 Union Square West
  • En Japonais leased 0 SF at 225 Park Ave S
  • Burlington Coat Factory leased 70,000 SF at 100 West 125th St
  • Quality Eats leased 51,222 SF at 3 East 28th Street
  • Equinox leased 44,458 SF at 315 Park Avenue South
  • Hennes & Mauritz (H & M) leased 20,000 SF at 111 Fifth Ave
  • The Mind/Body Medical Group leased 18,000 SF at 304 Park Ave South
  • Prana leased 15,000 SF at 79 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 387 Park Avenue South. This trend is projected to continue. Opportunities for subleases remain available at 387 Park Avenue South and in the nearby Gramercy Park neighborhood.
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387 Park Avenue South nyc
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387 Park Avenue South Property Overview

Building Address: 387 Park Avenue South, New York NY 10016
Building Alternate Address: 387 Park Ave South
Zip Code:10016
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:13
Year Built:1910
Building Class:B
Block & lot:00883-0001

387 Park Avenue South is a 12-story pre-war office building located in the NoMad area of Manhattan, New York City. It was originally built in 1910 and has undergone several renovations, including a major upgrade in 2015 that introduced energy-efficient systems and a new lobby.

The building offers approximately 232,000 square feet of space and is currently owned by TF Cornerstone. It is well-connected to the subway, with a nearby 6 train entrance. The building's amenities include a private roof deck and a work-focused members club called The Malin, which opened in October 2022.

Historically, the building was also home to Stony Brook Manhattan, a branch facility of Stony Brook University that operated from 2002 until its lease termination in February 2017. The facility occupied the third floor and provided space for professional and graduate courses.

387 Park Avenue South is a 230,000 square foot office and retail building located on the northeast corner of Park Avenue South and East 27th Street in the NoMad neighborhood of Manhattan, New York City.

Built in 1910, the building has 12 or 13 stories, depending on the source, and underwent major renovations in 2015 to include energy-efficient upgrades and a new lobby.

The location is home to a CVS Pharmacy and hosts The Malin, a sophisticated workspace offering various membership options and amenities.

Notable tenants include Criteo, a commerce media company, which recently extended its lease for approximately 21,000 square feet.

TF Cornerstone owns the building and has expanded its own space within it.


387 Park Avenue South in Manhattan offers a variety of amenities, particularly highlighted within The Malin NoMad coworking space on the fifth floor. Key amenities include:

  • 10 Private Offices with flexible term lengths and natural light.
  • 18 Dedicated Desks for individuals with power and lockable storage.
  • 4 Meeting Rooms for events and gatherings.
  • 16 Phone Booths for private calls.
  • Library for quieter work sessions.
  • Kitchen equipped with amenities like a barista setup.
  • 24/7 Access to the facility.
  • Concierge Services for members.
  • Communal Workspace with Wi-Fi.
  • Bicycle Storage for convenience.
  • Two Newly Renovated Lobbies with 24/7 security.
  • Operable Thermopane Windows for natural ventilation.

387 Park Avenue South, located in the NoMad neighborhood of Manhattan, New York, is a 13-story office and retail building. The property has undergone significant renovations, including energy-efficient upgrades and the installation of a new lobby in 2015. The building features a range of amenities, such as a private roof deck and shared workspace facilities.

Notable tenants include Criteo, a commerce media company that has signed a ten-year lease extension for approximately 21,000 square feet on the top floor and penthouse. TF Cornerstone, the building's owner, has also expanded its presence in the building by leasing additional space on the eighth floor.

Other recognized tenants are CVS Pharmacy, The Corcoran Group, and Silicon Valley Bank, though SVB's status may have changed following recent bankruptcy proceedings.

The Malin, a shared workspace provider, occupies 19,000 square feet on the fifth floor, offering a sophisticated alternative to traditional offices with amenities like 24/7 access and concierge services.


Internet Providers Available at 387 Park Avenue South, Manhattan, NYC:

Recommended Providers:

Verizon Fios - Offers fast, symmetrical fiber-optic speeds. Plans start at $49.99 with speeds up to 2 Gbps. Great for high-speed needs with reliable customer service.

Astound Broadband Powered by RCN - Provides fiber and cable services with unlimited data and competitive pricing. Plans start at $35 per month with speeds up to 1.5 Gbps.

Spectrum - Offers wide coverage, speeds up to 1 Gbps, and competitive bundles starting at $30 per month for TV and internet.


387 Park Avenue South in Manhattan, NYC, is conveniently located with several transportation options nearby.

Subway Lines: 6, N, Q, R, and W

Bus Routes: 28, BM3, M102, M15, M5

Train Lines: Hudson and Ronkonkoma Branch (though not directly at this address)

Nearest Bus Stops: - Madison Av/E 25 St - Lexington Av/E 28 St - Madison Ave @ 26th St - E 25 St/Park Av South

Cross Streets: East 27th Street

Office Tenants Rented / Leased 387 Park Avenue South
  • Criteo leased 20,000 SF
  • Silicon Valley Bank leased 20,000 SF
  • Criteo leased 19,269 SF
  • Citi Habitats leased 19,000 SF
  • Perseus Books leased 1,660 SF
  • Empire Office leased 26,369 SF
  • State University of New York at Stony Brook leased 18,000 SF
  • Sterling Publishing Co. leased 52,054 SF

Retail Tenants Rented / Leased 387 Park Avenue South
  • CVS leased 7,550 SF
  • Artisanal Fromagerie Bistro leased 10,700 SF
  • Jeff Lagowitz, Savills Studley leased 11,000 SF
  • Barry's Bootcamp leased 4,061 SF
  • TF Cornerstone leased 4,601 SF
Nearby Office Tenants Leased
  • Superfly Productions leased 16,267 SF at 381 Park Avenue South
  • Union Square Hospitality… leased 15,126 SF at 853 Broadway
  • New York Dermatology Gr… leased 14,182 SF at 119 Fifth Ave
  • Knotel leased 14,174 SF at 41 Union Square West
  • Ackerman Institute for th… leased 14,000 SF at 936 Broadway
  • T. Rowe Price leased 13,450 SF at 233 Park Avenue South
  • Piano leased 13,092 SF at 85 Fifth Ave
  • Levy Alan Chiropractor leased 13,000 SF at 920 Broadway
  • OTG Management leased 12,200 SF at 352 Park Ave South
  • Endeavor Global leased 12,000 SF at 900 Broadway

Nearby Retail Tenants Leased
  • The Shade Store leased 1,610 SF at 254 Park Avenue South
  • EXKi leased 1,500 SF at 257 Park Ave South
  • Monsoon Accessorize USA leased 500 SF at 1 Union Square West
  • En Japonais leased 0 SF at 225 Park Ave S
  • Burlington Coat Factory leased 70,000 SF at 100 West 125th St
  • Quality Eats leased 51,222 SF at 3 East 28th Street
  • Equinox leased 44,458 SF at 315 Park Avenue South
  • Hennes & Mauritz (H & M) leased 20,000 SF at 111 Fifth Ave
  • The Mind/Body Medical Group leased 18,000 SF at 304 Park Ave South
  • Prana leased 15,000 SF at 79 Madison Ave
Office Tenants Rented / Leased 387 Park Avenue South
  • Criteo leased 20,000 SF
  • Silicon Valley Bank leased 20,000 SF
  • Criteo leased 19,269 SF
  • Citi Habitats leased 19,000 SF
  • Perseus Books leased 1,660 SF
  • Empire Office leased 26,369 SF
  • State University of New York at Stony Brook leased 18,000 SF
  • Sterling Publishing Co. leased 52,054 SF
Retail Tenants Rented / Leased 387 Park Avenue South
  • CVS leased 7,550 SF
  • Artisanal Fromagerie Bistro leased 10,700 SF
  • Jeff Lagowitz, Savills Studley leased 11,000 SF
  • Barry's Bootcamp leased 4,061 SF
  • TF Cornerstone leased 4,601 SF
Nearby Office Tenants Leased
  • Superfly Productions leased 16,267 SF at 381 Park Avenue South
  • Union Square Hospitality… leased 15,126 SF at 853 Broadway
  • New York Dermatology Gr… leased 14,182 SF at 119 Fifth Ave
  • Knotel leased 14,174 SF at 41 Union Square West
  • Ackerman Institute for th… leased 14,000 SF at 936 Broadway
  • T. Rowe Price leased 13,450 SF at 233 Park Avenue South
  • Piano leased 13,092 SF at 85 Fifth Ave
  • Levy Alan Chiropractor leased 13,000 SF at 920 Broadway
  • OTG Management leased 12,200 SF at 352 Park Ave South
  • Endeavor Global leased 12,000 SF at 900 Broadway
Nearby Retail Tenants Leased
  • The Shade Store leased 1,610 SF at 254 Park Avenue South
  • EXKi leased 1,500 SF at 257 Park Ave South
  • Monsoon Accessorize USA leased 500 SF at 1 Union Square West
  • En Japonais leased 0 SF at 225 Park Ave S
  • Burlington Coat Factory leased 70,000 SF at 100 West 125th St
  • Quality Eats leased 51,222 SF at 3 East 28th Street
  • Equinox leased 44,458 SF at 315 Park Avenue South
  • Hennes & Mauritz (H & M) leased 20,000 SF at 111 Fifth Ave
  • The Mind/Body Medical Group leased 18,000 SF at 304 Park Ave South
  • Prana leased 15,000 SF at 79 Madison Ave

Recent News About 387 Park Avenue South

Argent Trading Testimonial

Argent Trading testimonial To Whom it May Concern: I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional space. However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships. I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again. Sincerely, William Levitz President Argent Trading, LLC
🤝
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.
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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?
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.
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