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Rent Office 387 Park Avenue South

$ / SF SF Monthly Rent
$ 86
23,700
$ 168,862
$ / SF SF Monthly Rent
Negotiable
19,400
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
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 $ 1569 $ 775
Interior office/person $ 1350 $ 1069 $ 525
Team Rooms $ 10100 $ 8319 $ 5025
Suites $ 20100 $ 12319 $ 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 $ 96
4,000
$ 32,000
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 $ 70
12,700
$ 74,612
Madison Ave & East 29th Avenue $ 60
8,300
$ 41,845
E 23rd St & Park Avenue $ 42
18,400
$ 63,633
Park Ave S & East 26th Street $ 48
12,000
$ 48,500
Park Ave S & East 27th Street $ 69
13,100
$ 75,325
Madison Ave & East 28th Street $ 40
18,500
$ 61,666
Fifth Ave & East 29th Street $ 79
12,500
$ 82,291
Address $ / SF SF Monthly Rent
Fifth Ave & East 29th Street $ 72
4,700
$ 28,395
Park Ave S & East 26th Street $ 75
2,700
$ 16,875
Broadway & East 18th Street $ 72
2,500
$ 15,000
University Pl & East 12th Street $ 50
6,500
$ 26,812
E 23rd St & Park Avenue $ 42
6,100
$ 21,095
Broadway & East 20th Street $ 76
3,700
$ 23,279
Address $ / SF SF Monthly Rent
E 23rd St & Third Avenue $ 44
2,400
$ 8,800
Broadway & East 18th Street $ 72
1,800
$ 10,800
Park Ave S & East 26th Street $ 62
2,100
$ 10,762
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
Address $ / SF SF Monthly Rent
E 23rd St & Park Avenue $ 35
2,800
$ 8,166
Fifth Ave & Between East 28th Street $ 52
5,000
$ 21,666
E 19th St & Broadway $ 54
5,500
$ 24,750
Fifth Ave & East 29th Street $ 58
2,500
$ 12,187
Address $ / SF SF Monthly Rent
E 28th St & Park Avenue South $ 37
2,300
$ 7,091
Broadway & East 21st Street $ 73
1,800
$ 10,950
Tenant Broker’s Perspective: office buildings being demolished or converted to residential 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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Rent 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 Amenities

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 at 387 Park Avenue South

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 Access

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


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