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Rent/Lease Office 450-460 Park Avenue South

$ / SF SF Monthly Rent
Negotiable
7,500
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 40
2,000
$ 6,583
Address $ / SF SF Monthly Rent
E 34th St & Fifth Avenue $ 29
21,800
$ 52,683
Address $ / SF SF Monthly Rent
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Park Ave S & East 31st Street $ 53
4,800
$ 21,200
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 39
5,900
$ 19,175
Address $ / SF 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 SF Monthly Rent
Lexington Ave & East 31st Street $ 59
11,800
$ 58,016
Address $ / SF SF Monthly Rent
Park Ave S & East 31st Street $ 64
3,000
$ 16,000
Park Ave & East 34th Street $ 75
4,000
$ 25,000
Fifth Ave & East 36th Street $ 32
4,400
$ 11,916
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 52
2,400
$ 10,400
Address $ / SF SF Monthly Rent
Fifth Ave & East 36th Street $ 42
7,800
$ 27,300
Fifth Ave & East 32nd Street $ 51
8,000
$ 34,000
Madison Ave & East 31st Street $ 54
15,000
$ 66,875
Madison Ave & East 33rd Street $ 60
8,400
$ 41,650
Lexington Ave & East 33rd Street $ 46
8,300
$ 32,162
Fifth Ave & East 37th Street $ 50
11,000
$ 46,291
Park Ave S & East 31st Street $ 50
7,600
$ 31,350
E 38th St & Fifth Avenue $ 36
7,400
$ 21,891
Address $ / SF SF Monthly Rent
Fifth Ave & East 32nd Street $ 59
4,000
$ 19,666
Madison Ave & East 37th Street $ 55
5,000
$ 22,916
E 37th St & Fifth Avenue $ 43
5,100
$ 18,275
Madison Ave & East 31st Street $ 62
5,000
$ 26,041
Madison Ave & East 33rd Street $ 78
4,600
$ 30,091
Madison Ave & East 35th Street $ 42
2,600
$ 9,208
Lexington Ave & East 33rd Street $ 48
3,100
$ 12,270
Fifth Ave & East 36th Street $ 44
2,800
$ 10,150
Park Ave S & East 31st Street $ 46
5,200
$ 20,150
Address $ / SF SF Monthly Rent
Madison Ave & East 37th Street $ 55
2,400
$ 11,000
Fifth Ave & East 36th Street $ 38
1,800
$ 5,700
Madison Ave & East 33rd Street $ 79
2,200
$ 14,483
Madison Ave & East 35th Street $ 42
1,800
$ 6,375
Address $ / SF SF Monthly Rent
E 33rd St & Madison Avenue $ 47
8,200
$ 32,116
E 31st St & Madison Avenue $ 45
7,300
$ 27,375
Address $ / SF SF Monthly Rent
E 33rd St & Fifth Avenue $ 58
3,000
$ 14,500
E 32nd St & Between East 32nd Street $ 50
5,500
$ 23,145
E 33rd St & Madison Avenue $ 50
4,100
$ 16,912
E 31st St & Madison Avenue $ 48
6,200
$ 24,541
Fifth Ave & East 36th Street $ 42
2,800
$ 9,683
E 38th St & Fifth Avenue $ 37
5,400
$ 16,650
Address $ / SF SF Monthly Rent
E 31st St & Madison Avenue $ 48
2,000
$ 8,000

Retail Spaces for Rent at 450-460 Park Avenue South

Rent Medical Space at 450-460 Park Avenue South

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 450-460 Park Avenue South. This trend is projected to continue. Opportunities for subleases remain available at 450-460 Park Avenue South and in the nearby Murray Hill neighborhood.
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450-460 Park Avenue South Property Overview

Building Address: 450-460 Park Avenue South, New York NY 10016
Building Name: 450 460 Park Avenue S
Building Alternate Address: 450-460 Park Ave South
Zip Code:10016
Neighborhood:Murray Hill
Borough:Manhattan
Stories:12
Year Built:1912
Building Class:B
Block & lot:00860-0045

450-460 Park Avenue South is a historical commercial building located in the heart of Manhattan, New York City. The property was constructed in 1912 and is designed by the architectural firm Skidmore, Owings, & Merrill. It stands 12 stories tall and features a total area of approximately 183,019 square feet. The building was acquired by Joseph Moinian of The Moinian Group in 1982. It is situated in the vibrant NoMad neighborhood, offering a prime location for both professional and creative tenants due to its proximity to key subway lines and major transportation hubs like Grand Central Terminal and Penn Station.

The building has undergone significant renovations, including upgrades to its HVAC and elevator systems, and features recently renovated lobbies. The property offers boutique full-floor opportunities with high ceilings and expansive windows overlooking Park Avenue South. Given its unique blend of historical charm and modern amenities, 450-460 Park Avenue South is an attractive location for businesses in the creative and tech sectors.

450-460 Park Avenue South

Location: Midtown South, Manhattan, NYC

Building Type: Commercial

Year Completed: 1912

Architect: Skidmore, Owings & Merrill

Key Features

  • Full-floor spaces with 12' ceilings
  • Recently upgraded HVAC and elevator systems
  • 24/7 video surveillance and daytime reception
  • Proximity to #6 subway line, Grand Central, and Penn Station
  • Situated near Madison Square Park and tech/creative hubs

Amenities

  • Refinished lobbies with modern design
  • Exposed ceilings and abundant natural light
  • Walkable to high-end restaurants and luxury hotels
  • Convenient access to 16+ subway lines

Building Highlights

  • Overlooking Park Avenue South
  • Recently renovated lobbies
  • Boutique full-floor office spaces
  • Upgraded HVAC and elevator systems
  • 24/7 video surveillance
  • Daytime reception services
  • Exceptional natural light throughout
  • Vast open layouts with exposed ceilings
  • Proximity to 6 subway line/Grand Central/Penn Station

Neighborhood Features

  • Midtown South creative/tech hub
  • Adjacent to Madison Square Park
  • Walkable to restaurants/bars/hotels
  • Historic district with cultural significance
  • Central transportation convergence point

450-460 Park Avenue South, Manhattan, NYC Office Tenants

The building at 450-460 Park Avenue South in Manhattan, NYC, is a vibrant hub for professional and creative tenants. It hosts several notable tenants:
  • Merit Beauty: Recently signed an 8,000-square-foot lease.
  • WeWork: Offers coworking spaces across six floors, catering to various business needs.
  • TD Bank: Provides financial services.
  • Pando Park: A popular bar and restaurant.
  • ShopKeep: Offers point-of-sale software solutions.
  • Equiteq: Signed a seven-year, 8,220-square-foot lease in June 2023.
Located in the heart of Midtown South, this 12-story building offers a blend of historical charm and modern amenities, including upgraded HVAC and elevator systems, refinished lobbies, and exceptional natural light throughout.

Internet providers available at 450-460 Park Avenue South, Manhattan, NYC include:

  • Verizon Fios - Known for high speeds up to 2 Gbps and reliable service.
  • Astound Broadband Powered by RCN - Offers both cable and fiber services with speeds up to 1.5 Gbps.

450-460 Park Avenue South in Manhattan, NYC, is a prime location with easy access to various transportation options. The area converges the midtown, downtown, eastside, and westside, offering multiple routes for public transit in all directions.

For public transportation, the nearest options include:

  • Subway lines: 4, 6, 6X, N, Q, R, W
  • Bus lines: BXM4, M34A-SBS, M55, QM10, QM18
  • Train lines: Harlem, Hudson, PATH

Cross streets include East 34th Street, Madison Avenue, and Lexington Avenue. Nearby points of interest also include Grand Central Terminal and Penn Station for added connectivity.


Isolar Enterprises, Inc. Testimonial

Isolar Enterprises, Inc. testimonial
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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.
🗂️
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?
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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