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Rent/Lease Office 401 Park Avenue South

$ / SF SF Monthly Rent
Negotiable
21,100
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 $ 1564 $ 775
Interior office/person $ 1350 $ 1064 $ 525
Team Rooms $ 10100 $ 8314 $ 5025
Suites $ 20100 $ 12314 $ 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
Park Ave S & East 26th Street $ 75
2,700
$ 16,875
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 401 Park Avenue South

Rent Medical Space at 401 Park Avenue South

Office Tenants Rented / Leased 401 Park Avenue South
  • xAd Inc. leased 21,100 SF
  • Vitech Corporation leased 42,200 SF
  • New York School of Interior Design leased 40,000 SF
  • GfK Holdings Inc. leased 20,000 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
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 401 Park Avenue South. This trend is projected to continue. Opportunities for subleases remain available at 401 Park Avenue South and in the nearby Gramercy Park neighborhood.
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401 Park Avenue South Property Overview

Building Address: 401 Park Avenue South, New York NY 10016
Building Alternate Address: 401 Park Ave South
Zip Code:10016
Neighborhood:Gramercy Park
Borough:Manhattan
Stories:12
Year Built:1910
Building Class:B
Block & lot:00883-0088

401 Park Avenue South is a 12-story office building located in the NoMad neighborhood of Manhattan, New York City. It was constructed in 1910 and features a mix of office and retail space. The building offers 252,215 square feet of space, known for its high ceilings and abundance of natural light, making it attractive to various industries.

The building is strategically situated on the southeast corner of 28th Street, benefiting from proximity to the 28th Street stop of the 6 Subway line, adjacent to boutique hotels, dining options, nightlife, and Madison Square Park.

Historically, the site was once associated with Peter Cooper, a prominent figure in New York, who had a house nearby that was later redeveloped for commercial use. However, the current building at 401 Park Avenue South does not have a direct connection to Peter Cooper's residence.

401 Park Avenue South is a prominent address located in the heart of Manhattan's Midtown South, offering a prime setting with excellent commuter accessibility. The building features a total size of over 252,000 square feet, spread across 12 floors with an 11-foot ceiling height. It includes four passenger elevators and two lobbies.

The location is highly sought after due to its proximity to various amenities and public transportation options. It is situated at the corner of Park Avenue South and 28th Street, providing easy access to local businesses, restaurants, and entertainment.

A Walgreens pharmacy is also located at this address, offering convenience for residents and visitors alike.


401 Park Avenue South in Manhattan offers a variety of amenities, making it an attractive location for businesses. Here are some of the key amenities available:

  • Light-filled Workspaces: Enjoy modern, light-filled spaces perfect for enhancing productivity and creativity.
  • 24hr Access: Access the building at any time, ideal for flexible work schedules and late-night collaborations.
  • Fully Serviced Offices: Benefit from fully serviced offices with customizable layouts and ergonomic furniture.
  • Meeting and Event Spaces: Utilize well-equipped meeting rooms with audiovisual equipment and food and beverage services.
  • Lounge Areas and Kitchens: Take breaks in stylish lounge areas and fully equipped kitchens.
  • Wi-Fi and Administrative Support: Enjoy super-fast Wi-Fi and friendly administrative support staff.
  • Prime Location: Located near public transportation options (6, N, R, Q subway lines) and within walking distance to major hubs like Penn Station.

401 Park Avenue South, Manhattan, NYC is a prime office location offering light-filled spaces and significant flexibility. The building is situated at the corner of Park Avenue South and 28th Street in Midtown South, benefiting from commuter-friendly transit options and proximity to major subway lines (6, N, R, Q) and Penn Station.

The building features a total size of over 252,000 square feet, spread across 12 floors with ceiling heights of 11 feet. It includes four passenger elevators and two lobbies, enhancing accessibility and convenience for tenants.

Tenants can enjoy modern, light-filled workspaces that are part of a booming community in Manhattan's Midtown South. Flexible office solutions include private offices and coworking spaces tailored for different team sizes.

This location is ideal for businesses seeking proximity to Manhattan's vibrant commercial and entertainment districts, with nearby amenities including restaurants, bars, and entertainment venues.


At 401 Park Avenue South in Manhattan, NYC, the available internet providers are:

Verizon Fios: Known for its high speeds up to 2 Gbps and reliable service. It offers symmetrical fiber-optic speeds, which are ideal for streaming, gaming, and remote work.

Astound Broadband: Offers both cable and fiber options with unlimited data usage. This provider is well-suited for businesses and residents seeking flexible internet plans.


401 Park Avenue South is located in Midtown South, Manhattan. It is accessible via multiple transportation options, including subway lines 4, 5, 6, L, N, Q, R, W, which are within walking distance. For commuters, routes such as the 6 train are particularly convenient. The building is also near major bus stops like Park Av South/E 18 St and Park Av South/E 22 St, offering easy access to buses including the M1, M102. The nearest cross streets are East 25th Street to the north and East 23rd Street to the south, with East 24th Street passing through the center.

Office Tenants Rented / Leased 401 Park Avenue South
  • xAd Inc. leased 21,100 SF
  • Vitech Corporation leased 42,200 SF
  • New York School of Interior Design leased 40,000 SF
  • GfK Holdings Inc. leased 20,000 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
Office Tenants Rented / Leased 401 Park Avenue South
  • xAd Inc. leased 21,100 SF
  • Vitech Corporation leased 42,200 SF
  • New York School of Interior Design leased 40,000 SF
  • GfK Holdings Inc. leased 20,000 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

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VSA Consulting Group testimonial
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Why Optimal Spaces –
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  • 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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