| Building Address: | 500 Park Ave, New York NY 10022 |
| Building Alternate Address: | 500 Park Ave |
| Zip Code: | 10022 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 11 |
| Year Built: | 1960 |
| Building Class: | A |
| Block & lot: | 01294-0037 |
500 Park Avenue is a mixed-use complex located at the southwest corner of Park Avenue and 59th Street in Midtown Manhattan, New York City. The complex consists of the 11-story Pepsi-Cola Building and the 40-story 500 Park Tower.
The original Pepsi-Cola Building was constructed from 1958 to 1960 and designed by Gordon Bunshaft and Natalie de Blois of Skidmore, Owings and Merrill (SOM). It was built in the International Style with a glass curtain wall and served as the headquarters of the Pepsi-Cola Company until 1967.
After Pepsi moved out, the building was occupied by Olivetti S.p.A. until 1978. It was later owned by various entities, including Peter Kalikow and the Equitable Life Assurance Society. The New York City Landmarks Preservation Commission designated the Pepsi-Cola Building as a landmark in 1995.
The 500 Park Tower was constructed between 1981 and 1984 by James Stewart Polshek & Partners. It features a facade made of thermal black granite, glass, and aluminum. The tower contains office space on its lower floors and residential condominiums on the upper floors.
Today, 500 Park Avenue is known for its architectural significance and its blend of office and residential spaces.
500 Park Avenue, located in the heart of Manhattan, NYC, is a prominent office and residential condominium building. It is situated at the southwest corner of Park Avenue and 59th Street.
This building is composed of two main structures: the 11-story Pepsi-Cola Building and the 40-story 500 Park Tower. The Pepsi-Cola Building, designed in the International Style, was completed between 1958 and 1960. It features a curtain wall made of glass and aluminum and served as the headquarters of the Pepsi-Cola Company until 1967.
The 500 Park Tower, constructed between 1981 and 1984, offers a facade of thermal black granite, glass, and aluminum. It includes office space on the lower floors and 56 residential condominiums on the upper floors.
500 Park Avenue is known for its proximity to other notable buildings such as the Fuller Building and the Four Seasons Hotel New York. The area has evolved significantly over the years, transforming from residential structures to commercial skyscrapers.
Secondary addresses associated with this location include 62 E 59th St, within the Central Midtown neighborhood of Manhattan.
500 Park Avenue offers a range of luxurious amenities:
- Full-Service Building: Enjoy the convenience of a full-service environment.
- Common Outdoor Space: Relax in the beautifully maintained outdoor areas.
- Private Roof Deck: Take in breathtaking views of the city from the private roof deck.
- Concierge: Experience personalized service with a dedicated concierge.
- Elevator: Easy access to all floors via the building's elevator.
- Full-Time Doorman: Enhanced security and service with a full-time doorman.
- Laundry in Building: Convenient laundry facilities available within the building.
- Private Storage Included: Secure storage options for residents.
500 Park Avenue, a prestigious landmark building in Manhattan, NYC, is home to several notable office tenants. The building, formerly known as the Pepsi-Cola Building, boasts a strong roster of tenants including Vera Wang, Georgetown Company, and Friedland Properties. As of recent reports, the building maintains a high occupancy rate.
Internet providers available at 500 Park Ave, Manhattan, NYC, include:
- Verizon Fios: Known for its high speeds and reliability, offering plans starting at $49.99 with speeds up to 2.3 Gbps.
- Astound Broadband Powered by RCN: Offers both cable and fiber services with low prices and unlimited data usage.
- Spectrum: Provides cable internet with speeds up to 1 Gbps and plans starting at $50 per month.
- Optimum: Offers cable and fiber services with speeds up to 8 Gbps.
500 Park Avenue in Manhattan, NYC, offers convenient access to various transportation options.
Nearest Subway Stations: The closest subway stations are typically those along the Lexington Avenue line, such as 51 St and Lexington Av/53 St, similar to nearby locations.
Bus Stops: Bus stops are located along Madison Avenue and Lexington Avenue, with lines such as BXM4, M1, M103, M3, M4, and Q32 nearby.
Train Stations: Grand Central Terminal is a short walk away, providing access to the HARLEM, PATH, and PORT WASHINGTON BRANCH lines.
Cross Streets: 500 Park Avenue is situated between East 59th Street and East 60th Street.
Office Tenants Rented / Leased 500 Park Avenue- Solar Capital Partners LLC leased 19,684 SF
- Mentor Partners leased 11,576 SF
- Magnetar Capital leased 19,158 SF
- WTG & Co. leased 11,200 SF
- Caxton Associates leased 20,000 SF
- Svalen Fajas leased 2,000 SF
- Solar Capital Investment… leased 19,184 SF
- Cooper Joseph Studio leased 500 SF
- CI Capital Partners leased 3,400 SF
- Friedland Properties leased 3,000 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
- Phoenix Constructors leased 55,000 SF at 100 Broadway
- SourceMedia leased 42,460 SF at 1 Whitehall St
- Translation leased 35,000 SF at 10 Jay Street
- Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
- Consulate General of the Kingdom of the Netherlands leased 17,000 SF at 1 Rockefeller Plaza
- AM Investments leased 9,000 SF at 1 Liberty Plz
- Melkonian Capital Management leased 7,168 SF at 1 Bryant Park
- SMEG USA leased 2,713 SF at 10 Rockefeller Plaza
Nearby Retail Tenants Leased- Life Time leased 74,000 SF at 1 Wall Street
- Burger & Lobster leased 8,900 SF at 1 Bryant Park
- Eddie Bauer leased 7,400 SF at 100 Fifth Ave
- The Anne Frank Center leased 2,500 SF at 100 Church St
- Clean Table leased 2,000 SF at 101 Seventh Avenue
- Sweetgreen leased 2,000 SF at 10 Hudson Yards
- Duane Reade leased 1,888 SF at 100 Broadway
- Gregory's Coffee leased 1,100 SF at 100 Wall St
- Choza Taqueria leased 1,000 SF at 100 Park Ave
- The Original Soup Man and Crema Lita leased 614 SF at 10 Rockefeller Plaza
