Expert Tenant Broker
We represent you, not the landlord
Rent/Lease Office 419 Park Avenue South
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | 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 Street | $ 59 | 10,500 |
$ 51,625 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Fifth Ave & East 21st Street | $ 71 | 5,200 |
$ 30,766 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 16th St & Park Avenue South | $ 64.5 | 3,400 |
$ 18,275 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave S & East 17th Street | $ 95 | 4,000 |
$ 31,666 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | 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 Street | $ 61 | 8,300 |
$ 42,191 |
| E 23rd St & Park Avenue | $ 42 | 18,400 |
$ 64,400 |
| Park Ave S & East 26th Street | $ 48.5 | 12,000 |
$ 48,500 |
| Park Ave S & East 27th Street | $ 69.5 | 13,100 |
$ 75,870 |
| Madison Ave & East 28th Street | $ 40.5 | 18,500 |
$ 62,437 |
| Fifth Ave & East 29th Street | $ 79 | 12,500 |
$ 82,291 |
| Address | $ / SF / Yr | 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 | $ 71.5 | 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 | 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 / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 23rd St & Third Avenue | $ 45.5 | 2,400 |
$ 9,100 |
| Broadway & East 18th Street | $ 73.5 | 1,800 |
$ 11,025 |
| Park Ave S & East 26th Street | $ 63 | 2,100 |
$ 11,025 |
| Fifth Ave & East 29th Street | $ 72.6 | 2,000 |
$ 12,100 |
| Broadway & Between East 19th Street | $ 75 | 2,200 |
$ 13,750 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 30th Street | $ 39.5 | 11,000 |
$ 36,208 |
| E 23rd St & Lexington Avenue | $ 67.5 | 21,600 |
$ 121,500 |
| E 19th St & Broadway | $ 52.5 | 7,700 |
$ 33,687 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 23rd St & Park Avenue | $ 35 | 2,800 |
$ 8,166 |
| Fifth Ave & Between East 28th Street | $ 51.5 | 5,000 |
$ 21,458 |
| E 19th St & Broadway | $ 53.5 | 5,500 |
$ 24,520 |
| Fifth Ave & East 29th Street | $ 58 | 2,500 |
$ 12,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 28th St & Park Avenue South | $ 38.5 | 2,300 |
$ 7,379 |
| Broadway & East 21st Street | $ 74.5 | 1,800 |
$ 11,175 |
Retail Spaces for Rent at 419 Park Avenue South
Rent Retail 419 Park Avenue South
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| Negotiable | ||
| Negotiable | ||
| Negotiable |
Rent Medical Space at 419 Park Avenue South
- WeWork leased 67,858 SF
- Shapeways leased 9,050 SF
- Shapeways leased 9,050 SF
- Co: Collective leased 9,000 SF
- Kips Bay Gynecology leased 4,100 SF
- Benson Marketing Group LLC leased 1,383 SF
- Langer Inc. leased 3,000 SF
- Howard Temner Design leased 2,700 SF
- Lawrence & Co. leased 2,000 SF
- 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
- By Chloe leased 1,650 SF at 27 Union Square West
- 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
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
419 Park Avenue South Property Overview
| Building Address: | 419 Park Avenue South, New York NY 10016 |
| Building Name: | The Bowker Building |
| Building Alternate Address: | 419 Park Ave South |
| Zip Code: | 10016 |
| Neighborhood: | Gramercy Park |
| Borough: | Manhattan |
| Stories: | 20 |
| Year Built: | 1927 |
| Building Class: | B |
| Block & lot: | 00884-0084 |
History of 419 Park Avenue South, Manhattan, NYC
419 Park Avenue South is a mid-rise office building located at the southeast corner of East 29th Street in the NoMad neighborhood of Manhattan, New York City. It was completed in 1927 and designed by the notable New York architect Walter Haefeli, who created several other commercial buildings in Manhattan, such as 44 East 32nd Street and 404-412 Park Avenue South. The building showcases an Art Deco architectural style, characterized by its brown brick facade set atop a red stone base with gray plinths.
Originally constructed as a 20-story office building, the property encompasses approximately 160,114 square feet of space. Standing at 20 floors, it served as Class B office space and included more than 7,000 square feet of ground-floor retail space. The main entrance is situated on the western facade facing Park Avenue South.
The building underwent a significant renovation and facade restoration in 2013, preserving its historic architectural character while updating its infrastructure. It featured amenities such as a tenant-exclusive rooftop terrace and garden, fitness center, swimming pool, and on-site dining facilities.
In recent years, 419 Park Avenue South hosted several office tenants from diverse industries including healthcare, architecture, financial services, technology, and law. However, the building experienced notable vacancy following the departure of large coworking companies like WeWork and Knotel.
In August 2024, the property was sold to the El-Ad Group for $72.1 million with plans to convert the building from office use into residential condominiums. This conversion represents one of the rare recent examples of office-to-residential adaptation in Midtown South, New York City. The timeline for this conversion is pending the expiration of existing office leases over the coming years.
419 Park Avenue South, Manhattan, NYC
Also Known As: The Bowker Building
Location: Southeast corner of Park Avenue South and East 29th Street, NoMad/Flatiron district, Manhattan, New York City
Neighborhood: NoMad
Zip Code: 10016
Borough: Manhattan
Building Type: Multi-tenant Office Building (20 stories)
Year Built: 1927
Architect: Walter Haefeli
Architecture Style: Art Deco
Building Size: Approximately 190,954 square feet total
Floors: 20
Features & Amenities:
- Tenant-exclusive rooftop terrace and garden with northwest views including the Chrysler Building and Empire State Building
- Fitness center
- Swimming pool potential in penthouse suite
- High-speed elevators (six total)
- 24-hour building access
- Attended lobby on Park Avenue
- Private entrance on 29th Street
Facade: Brown brick with red stone base and gray plinths, fully restored in 2013
Current Ownership: Purchased in 2024 by Elad Group for $72.1 million; conversion to residential condos planned, aiming for roughly 100 units to be completed by 2026
Transportation: Close proximity to Grand Central Terminal, 28th Street subway station (6 train), M4 and M101 bus lines, and bike paths
Nearby Landmarks and Amenities: Madison Square Park, Whole Foods, Ritz Carlton NoMad, The Madison House, designer shops, restaurants, and gyms
Amenities at 419 Park Avenue South, Manhattan, NYC
- 24-hour building access
- Attended lobby on Park Avenue
- Private entrance on 29th Street
- Six high-speed elevators
- Tenant-exclusive rooftop terrace with panoramic northwest views including the Chrysler Building and Empire State Building
- Rooftop garden
- Fitness center
- Swimming pool
- On-site restaurant and bar
- Business-grade high-speed internet infrastructure with Fiber optic options from Verizon and Lightower
- Air conditioning throughout the building
- Wheelchair accessible facilities
- Plug & Play office readiness
- Office cleaning services
- Conference rooms and meeting rooms available
- Kitchen facilities in serviced office packages
- Comfortable lounges and collaborative art-filled spaces
- Manned reception and porter services
- Printing and copying equipment
- VOIP telephony services
Office Tenants at 419 Park Avenue South, Manhattan, NYC
The office building at 419 Park Avenue South in Midtown South Manhattan hosts a diverse range of tenants from various industries such as healthcare, architecture and design, financial services, technology, and law.
Current and notable office tenants include:
- NYU Langone Health
- Keiser Associates
- Walter & Samuels
- Blue Outdoor
- Inter-Atlantic Group
- Siegel & Coonerty
- Klarna
- JWalk
- Shangri-La International Hotels
- The Aspen Institute
- Shore Group Associates LLC
- Arbolus US Inc.
Historically, the building also housed coworking companies such as WeWork, which leased around 67,858 square feet before vacating during bankruptcy, and Knotel, which leased approximately 9,000 square feet before leaving in 2021.
Internet Providers at 419 Park Avenue South, Manhattan, NYC
419 Park Avenue South, also known as the Bowker Building, is served by several high-speed internet providers offering fiber-optic connections to meet both residential and business needs.
| Internet Provider | Technology | Maximum Download Speed | Maximum Upload Speed |
|---|---|---|---|
| Verizon New York | Fiber | 1 Gb/s | 25 Mb/s |
| Lightower | Fiber | 10 Gb/s | 10 Gb/s |
These providers ensure reliable, fast internet access suitable for a wide range of uses, from everyday browsing and streaming to high-bandwidth business applications.
Transportation & Access
Cross streets: Park Avenue South & East 29th Street
Nearest subway: 28th Street Station (walkable via Park Avenue South)
Bus routes: M1, M2, M3, M102, BM3, BM4 (nearby stops on Park Avenue South, 3 Av, and Madison Av)
Major transit hubs: Grand Central Terminal (13-minute walk), 14 St-Union Sq subway complex (12-minute walk)
Bike access: Adjacent to Park Avenue South bike route
- WeWork leased 67,858 SF
- Shapeways leased 9,050 SF
- Shapeways leased 9,050 SF
- Co: Collective leased 9,000 SF
- Kips Bay Gynecology leased 4,100 SF
- Benson Marketing Group LLC leased 1,383 SF
- Langer Inc. leased 3,000 SF
- Howard Temner Design leased 2,700 SF
- Lawrence & Co. leased 2,000 SF
- 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
- By Chloe leased 1,650 SF at 27 Union Square West
- 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
Panelz USA Testimonial
To whom it may concern,
I want to thank Dorothy Kolev and Optimal Spaces Inc. for the excellent job they did in finding us our space. Dorothy made many presentations to us but never lost interest or gave up, she was fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted. We are very satisfied with the services of Optimal Spaces Inc. I have recommended her and Optimal Spaces Inc. to friends and colleagues.
Sincerely,
David Yagerman
Panelz USA
SHOWROOM
20 West 22nd St, Suite 908
New York, NY 10010
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Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.