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Rent/Lease Office 500 Park Ave

Lease Office 500 Park Ave

$ / SF SF Monthly Rent
Negotiable

Rent Sublease Office at 500 Park Ave

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Park Ave & East 57th Street $ 160
10,800
$ 144,000
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
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 500 Park Ave

Office Tenants Rented / Leased 500 Park Avenue
  • Cooper Joseph Studio leased 500 SF
  • Svalen Fajas leased 2,000 SF
  • CI Capital Partners leased 3,400 SF
  • Friedland Properties leased 3,000 SF
  • Solar Capital Investment… leased 19,184 SF
  • Public Pension Capital leased 19,683 SF
  • Solar Capital Partners LLC leased 19,684 SF
  • Mentor Partners leased 11,576 SF
  • Magnetar Capital leased 19,158 SF
  • Caxton Associates leased 20,000 SF
Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
$ / 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 500 Park Avenue. This trend is projected to continue. Opportunities for subleases remain available at 500 Park Avenue and in the nearby Plaza District neighborhood.
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500 Park Avenue nyc
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500 Park Avenue Property Overview

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
  • Cooper Joseph Studio leased 500 SF
  • Svalen Fajas leased 2,000 SF
  • CI Capital Partners leased 3,400 SF
  • Friedland Properties leased 3,000 SF
  • Solar Capital Investment… leased 19,184 SF
  • Public Pension Capital leased 19,683 SF
  • Solar Capital Partners LLC leased 19,684 SF
  • Mentor Partners leased 11,576 SF
  • Magnetar Capital leased 19,158 SF
  • Caxton Associates leased 20,000 SF

Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave

Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave
Office Tenants Rented / Leased 500 Park Avenue
  • Cooper Joseph Studio leased 500 SF
  • Svalen Fajas leased 2,000 SF
  • CI Capital Partners leased 3,400 SF
  • Friedland Properties leased 3,000 SF
  • Solar Capital Investment… leased 19,184 SF
  • Public Pension Capital leased 19,683 SF
  • Solar Capital Partners LLC leased 19,684 SF
  • Mentor Partners leased 11,576 SF
  • Magnetar Capital leased 19,158 SF
  • Caxton Associates leased 20,000 SF
Nearby Office Tenants Leased
  • Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
  • Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
  • WeWork leased 111,500 SF at 750 Lexington Avenue
  • Katten leased 110,157 SF at 575 Madison Ave
  • TBWA Worldwide leased 107,308 SF at 488 Madison Ave
  • KPMG LLP leased 102,979 SF at 560 Lexington Ave
  • Loews Corp. leased 100,000 SF at 655 Madison Ave
  • Stone Ridge Asset Manag… leased 97,652 SF at 510 Madison Ave
  • Geller & Co. leased 94,000 SF at 909 Third Ave
  • Rothstein Kass leased 88,049 SF at 1350 Sixth Ave
Nearby Retail Tenants Leased
  • National Basketball Association leased 6,000 SF at 590 Fifth Ave
  • Duane Reade leased 6,000 SF at 1290 Sixth Ave
  • Yares Art Projects leased 5,800 SF at 745 Fifth Avenue
  • Carpenters Workshop Gallery leased 5,300 SF at 693 Fifth Avenue
  • TITLE Boxing Club NYC leased 5,150 SF at 900 Third Avenue
  • Tufenkian Showroom leased 5,105 SF at 919 Third Ave
  • Richemont leased 5,100 SF at 30 East 57th Street
  • Shoe Woo leased 5,100 SF at 750 Lexington Ave
  • Metropolitan National Bank leased 5,045 SF at 10 East 53rd St
  • Microsoft Corporation leased 5,000 SF at 677 Fifth Ave

Brightwater Fund LLC Testimonial

Brightwater Fund LLC testimonial Dear Mr. Sunderland: Thank you for the outstanding service you gave to us as we searched for office space. Through your efforts, you found us a location and facility that is virtually an exact fit for our needs. You helped us with the lease negotiations and were able to procure the space at a very attractive price. In short, you got us a great deal! You went above and beyond the call of duty in working with us until we moved in. You were always accessible and prepared to help us in every way. We would highly recommend you to our other friends and colleagues in their search for best available/best fitting space for their needs. Very truly yours, Donald Krueger Chief Financial Officer.
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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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 –
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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?
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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