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Rent/Lease Office 450 Park Ave

Lease Office 450 Park Ave

$ / SF SF Monthly Rent
Negotiable
$ / SF SF Monthly Rent
Negotiable

Rent Sublease Office at 450 Park Ave

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Fifth Ave & West 52nd Street $ 130
10,300
$ 111,583
Fifth Ave & West 55th Street West 56th Street $ 80
12,900
$ 86,000
W 57th St & Avenue of the Americas $ 112
25,000
$ 232,291
Madison Ave & East 54th Street $ 61
11,300
$ 57,441
Avenue Of The Americas & West 47th Street $ 58
10,000
$ 48,333
Madison Ave & East 60th Street $ 89
9,500
$ 70,458
Madison Ave & East 59th Street $ 99
8,300
$ 68,475
E 53rd St & Fifth Avenue $ 79
12,200
$ 80,316
Madison Ave & East 51st Street $ 75
8,100
$ 50,625
Address $ / SF SF Monthly Rent
Park Ave & East 50th Street $ 85
4,800
$ 34,000
Madison Ave & East 49th Street $ 69
5,500
$ 31,625
Avenue of the Americas & West 55th Street $ 52
5,300
$ 22,966
Avenue of the Americas & West 55th Street West 56th Street $ 62
6,200
$ 32,033
Park Ave & East 54th Street $ 68
4,000
$ 22,666
Fifth Ave & East 56th Street $ 85
4,400
$ 31,166
W 52nd St & Between 5th Avenue $ 91
4,100
$ 31,091
Address $ / SF SF Monthly Rent
Madison Ave & East 49th Street $ 76
2,200
$ 14,025
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of America $ 531
5,100
$ 225,675
Address $ / SF SF Monthly Rent
W 57th St & Avenue of America $ 531
2,300
$ 101,775
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Tipo de espacio Clase A/mes Clase B/mes Clase C/mes
Oficina con ventana/persona
Oficina interior/persona
Salas de equipo
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
E 49th St & Fifth Avenue $ 94
16,000
$ 125,333
Park Ave & East 48th Street $ 105
13,700
$ 119,875
Park Ave & East 50th Street $ 150
14,600
$ 182,500
W 57th St & Avenue of the Americas $ 105
15,800
$ 138,250
Rockefeller Plz & West 50th Street $ 92
13,800
$ 105,800
Madison Ave & East 60th Street $ 165
15,300
$ 210,375
W 57th St & Avenue of the Americas $ 200
10,300
$ 171,666
Madison Ave & East 53rd Street East 52nd Street $ 170
11,400
$ 161,500
Madison Ave & East 56th Street $ 105
13,100
$ 114,625
Fifth Ave & West 52nd Street $ 93
11,300
$ 87,575
Third Ave & East 49th Street $ 89
11,200
$ 83,066
Park Ave & East 47th Street $ 130
11,100
$ 120,250
E 59th St & Park Avenue $ 95
13,300
$ 105,291
Madison Ave & East 49th Street $ 79
18,900
$ 124,425
Madison Ave & East 55th Street $ 130
7,800
$ 84,500
Fifth Ave & East 46th Street $ 84
14,600
$ 102,200
E 55th St & Madison Avenue $ 130
10,900
$ 118,083
Fifth Ave & West 55th Street West 56th Street $ 98
9,700
$ 79,216
Rockefeller Plaza & Fifth Avenue $ 95
14,100
$ 111,625
Fifth Ave & East 58th Street $ 150
25,700
$ 321,250
Address $ / SF SF Monthly Rent
Rockefeller Plaza & West 48th Street $ 94
2,800
$ 21,933
E 49th St & Fifth Avenue $ 109
5,500
$ 49,958
Avenue of the Americas & West 51th Street $ 84
2,600
$ 18,200
Madison Ave & East 55th Street $ 125
4,800
$ 50,000
Lexington Ave & East 51st Street $ 78
5,300
$ 34,450
Third Ave & East 49th Street $ 73
3,800
$ 23,116
Third Ave & East 49th Street $ 65
4,000
$ 21,666
Madison Ave & East 55th Street $ 65
5,000
$ 27,083
Fifth Ave & West 52nd Street $ 93
6,800
$ 52,700
E 52nd St & Lexington Avenue $ 68
4,000
$ 22,666
Lexington Ave & East 50th Street $ 71
4,100
$ 24,258
Lexington Ave & East 52nd Street Street $ 82
3,700
$ 25,283
Madison Ave & East 48th Street $ 70
4,500
$ 26,250
Address $ / SF SF Monthly Rent
Avenue of the Americas & West 51th Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Fifth Ave & West 55th Street West 56th Street $ 80
1,900
$ 12,666
Third Ave & East 49th Street $ 71
2,000
$ 11,833
Third Ave & East 49th Street $ 60
2,000
$ 10,000
Madison Ave & East 52nd Street $ 70
1,500
$ 8,750
E 52nd St & Lexington Avenue $ 64
2,400
$ 12,800
Madison Ave & East 55th Street $ 76
2,300
$ 14,566
Fifth Ave & West 49th Street $ 67
2,200
$ 12,283
Address $ / SF SF Monthly Rent
5th Ave & West 47th Street $ 63
8,000
$ 42,000
W 48th St & Avenue of the Americas $ 58
12,500
$ 60,416
E 59th St & Madison Avenue $ 180
9,700
$ 145,500
Address $ / SF SF Monthly Rent
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 59th St & Second Avenue $ 93
3,200
$ 24,880
Madison Ave & East 49th Street $ 59
4,900
$ 24,091
E 52nd St & Fifth Avenue $ 42
3,400
$ 12,041
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 49th St & Between 5th Avenue $ 27
3,300
$ 7,425
W 57th St & Avenue of America $ 68
4,100
$ 23,233
Park Ave & East 59th Street $ 70
6,200
$ 35,908
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 61st St & Barclay Street $ 61
2,500
$ 12,708
Address $ / SF SF Monthly Rent
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
W 57th St & Avenue of America $ 67
1,600
$ 8,933
E 60th St & Fifth Avenue $ 54
2,200
$ 9,900
E 48th St & Madison Avenue $ 55
2,400
$ 11,000
Lexington Ave & Lexington Avenue $ 44
2,500
$ 9,270
E 56th St & Park Avenue South $ 59
1,900
$ 9,341
Madison Ave & East 49th Street $ 47
2,200
$ 8,616
E 58th St & Third Avenue $ 52
1,900
$ 8,233
Park Ave & East 59th Street $ 65
2,100
$ 11,375
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 52
7,100
$ 31,062
Address $ / SF SF Monthly Rent
E 59th St & Between 2nd Avenue $ 66
6,500
$ 35,479
E 59th St & Madison Avenue $ 62
4,000
$ 20,500
Address $ / SF SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 450 Park Ave

Office Tenants Rented / Leased 450 Park Avenue
  • Steadfast Financial leased 16,247 SF
  • Prescott Hamilton Interna… leased 3,000 SF
  • JLP Asset Management leased 1,875 SF
  • Junto Capital Managemen… leased 10,777 SF
  • Once Capital Management leased 3,136 SF
  • JMP Securities leased 10,338 SF
  • Banco Bradesco leased 21,822 SF
  • Brune Law leased 3,750 SF
  • The ADOC Group Inc. leased 10,790 SF
  • Austrian National Bank leased 1,919 SF
Retail Tenants Rented / Leased 450 Park Avenue
  • Phillips de Pury & Co. leased 25,559 SF
Nearby Office Tenants Leased
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
  • Discovery leased 190,000 SF at 850 Third Avenue
  • Citibank leased 176,000 SF at 731 Lexington Ave
  • City University of New York leased 170,953 SF at 205 East 42nd St
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
Nearby Retail Tenants Leased
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • CVS Pharmacy leased 10,000 SF at 757 Third Ave
  • Michael Dawkins Home leased 10,000 SF at 232 East 59th St
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 450 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 450 Park Avenue and in the nearby Plaza District neighborhood.
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450 Park Avenue nyc
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450 Park Avenue Property Overview

Building Address: 450 Park Ave, New York NY 10022
Building Alternate Address: 450 Park Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:33
Year Built:1971
Building Class:A
Block & lot:01292-0037

450 Park Avenue, also known as the Franklin National Bank Building, is a 33-story office building located in Midtown Manhattan, New York City. It was built in 1972 and stands at a height of 390 feet (120 meters). The building features a steel skeleton with concrete floors and an exterior dominated by black granite and glass, designed by Emery Roth & Sons and developed by Peter Sharp.

The building has undergone significant transactions and renovations. In June 2002, it was purchased by Taconic Investment Partners, who invested around $13 million in renovations. In June 2007, Somerset Partners acquired the building for $509 million, marking the highest price per square foot for an office building in the U.S. at that time. Somerset Partners moved its headquarters to the building in 2008.

In October 2010, a Phillips de Pury auction house opened on the first three floors. The building was sold again in February 2014 to Crown Acquisitions and Oxford Properties for $545 million.

As of recent records, the building has a total area of approximately 296,915 square feet and a market value of $187,777,800.

450 Park Avenue, located in the heart of Manhattan, is a prominent office building situated at the southwest corner of 57th Street and Park Avenue. It is also known by the alternate addresses 52-58 E 57th St and 444-456 Park Ave.

This 32-story Class A office tower offers stunning views of Central Park and is home to several high-end financial services and luxury tenants. The building features a sleek, architecturally striking design and provides first-class amenities.


450 Park Avenue offers a range of modern amenities, including:

  • Stylish and welcoming lobby
  • State-of-the-art elevators
  • High-speed internet connectivity
  • 24/7 security
  • Fitness Center
  • Wellness Center
  • Showering Facility
  • Golf Simulator
  • 24 Hour Access

450 Park Avenue in Manhattan, NYC, is home to a diverse mix of esteemed companies. Notable tenants include:

  • Banco Bradesco
  • BlueCrest Capital Management
  • BDT Capital Partners
  • Junto Capital Management
  • Chevez Ruiz Zamarripa
  • Once Capital Management

Internet providers available at 450 Park Ave, Manhattan, NYC, typically include:

  • Verizon Fios: Known for its fast, symmetrical fiber-optic speeds.
  • Spectrum: Offers cable internet with various speed options.
  • RCN: Provides fiber-optic internet with high-speed plans.
  • Optimum: Offers fiber connections in select areas, though availability may vary.

450 Park Avenue in Manhattan, NYC, offers convenient transportation options. The nearest subway stations include 5 Av/53 St and Lexington Avenue/59th Street, accessible via the E, M, 4, 5, 6, N, Q, R, and W trains. For buses, the M1, M2, M3, and M4 lines are nearby. The cross streets are East 57th Street and East 58th Street.

Office Tenants Rented / Leased 450 Park Avenue
  • Steadfast Financial leased 16,247 SF
  • Prescott Hamilton Interna… leased 3,000 SF
  • JLP Asset Management leased 1,875 SF
  • Junto Capital Managemen… leased 10,777 SF
  • Once Capital Management leased 3,136 SF
  • JMP Securities leased 10,338 SF
  • Banco Bradesco leased 21,822 SF
  • Brune Law leased 3,750 SF
  • The ADOC Group Inc. leased 10,790 SF
  • Austrian National Bank leased 1,919 SF

Retail Tenants Rented / Leased 450 Park Avenue
  • Phillips de Pury & Co. leased 25,559 SF
Nearby Office Tenants Leased
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
  • Discovery leased 190,000 SF at 850 Third Avenue
  • Citibank leased 176,000 SF at 731 Lexington Ave
  • City University of New York leased 170,953 SF at 205 East 42nd St
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St

Nearby Retail Tenants Leased
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • CVS Pharmacy leased 10,000 SF at 757 Third Ave
  • Michael Dawkins Home leased 10,000 SF at 232 East 59th St
Office Tenants Rented / Leased 450 Park Avenue
  • Steadfast Financial leased 16,247 SF
  • Prescott Hamilton Interna… leased 3,000 SF
  • JLP Asset Management leased 1,875 SF
  • Junto Capital Managemen… leased 10,777 SF
  • Once Capital Management leased 3,136 SF
  • JMP Securities leased 10,338 SF
  • Banco Bradesco leased 21,822 SF
  • Brune Law leased 3,750 SF
  • The ADOC Group Inc. leased 10,790 SF
  • Austrian National Bank leased 1,919 SF
Retail Tenants Rented / Leased 450 Park Avenue
  • Phillips de Pury & Co. leased 25,559 SF
Nearby Office Tenants Leased
  • Citadel leased 200,000 SF at 425 Park Avenue
  • Tommy Hilfiger leased 200,000 SF at 285 Madison Avenue
  • PJT Partners, Inc. leased 198,840 SF at 280 Park Ave
  • Mutual Of America leased 193,631 SF at 320 Park Ave
  • National Basketball Associ… leased 193,117 SF at 645 Fifth Ave
  • Discovery leased 190,000 SF at 850 Third Avenue
  • Citibank leased 176,000 SF at 731 Lexington Ave
  • City University of New York leased 170,953 SF at 205 East 42nd St
  • Weill Cornell Medical Colle… leased 169,790 SF at 575 Lexington Ave
  • VF Sportswear leased 168,000 SF at 40 West 57th St
Nearby Retail Tenants Leased
  • Duane Reade leased 11,717 SF at 575 Lexington Ave
  • Urbanspace leased 11,400 SF at 570 Lexington Avenue
  • BNP Foods leased 11,000 SF at 290 Madison Ave
  • Ann Taylor leased 11,000 SF at 600 Fifth Ave
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • Madison Chophouse leased 10,700 SF at 3 East 54th Street
  • Bill's Bar & Burger leased 10,000 SF at 1250 Sixth Ave
  • Club Nebula leased 10,000 SF at 135 West 41st Street
  • CVS Pharmacy leased 10,000 SF at 757 Third Ave
  • Michael Dawkins Home leased 10,000 SF at 232 East 59th St

Argent Trading Testimonial

Argent Trading testimonial To Whom it May Concern: I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional space. However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships. I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again. Sincerely, William Levitz President Argent Trading, LLC
🤝
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.
🐷
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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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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