| 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
- Criteo leased 19,269 SF
- Criteo leased 19,269 SF
- Citi Habitats leased 19,000 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
- 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
