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Rent/Lease Office 885 Third Ave

Lease Office 885 Third Ave

$ / SF / Yr SF Monthly Rent
Negotiable
$ / SF / Yr SF Monthly Rent
$ 87

Rent Sublease Office at 885 Third Ave

Nearby Sublease office Spaces for Rent

Address $ / SF / Yr 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 $ 80
12,900
$ 86,000
W 57th St & Avenue of the Americas $ 111.5
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 / Yr 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 $ 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 Fifth Avenue $ 91
4,100
$ 31,091
Address $ / SF / Yr SF Monthly Rent
Madison Ave & East 49th Street $ 76.5
2,200
$ 14,025
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 65
4,200
$ 22,750
W 57th St & Avenue of the Americas Negotiable
5,100
Negotiable
Address $ / SF / Yr SF Monthly Rent
W 57th St & Avenue of the Americas Negotiable
2,300
Negotiable
Address $ / SF / Yr SF Monthly Rent
Address $ / SF / Yr SF Monthly Rent
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
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 $ 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 $ 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 / Yr 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 51st 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 $ 82
3,700
$ 25,283
Madison Ave & East 48th Street $ 70
4,500
$ 26,250
Address $ / SF / Yr SF Monthly Rent
Avenue of the Americas & West 51st Street $ 84
2,200
$ 15,400
Rockefeller Plz & West 50th Street $ 92
1,600
$ 12,266
Fifth Ave & West 55th 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 / Yr 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 / Yr SF Monthly Rent
E 55th St & Third Avenue $ 47
2,900
$ 11,358
E 59th St & Second Avenue $ 93.3
3,200
$ 24,880
Madison Ave & East 49th Street $ 59
4,900
$ 24,091
E 52nd St & Fifth Avenue $ 42.5
3,400
$ 12,041
E 48th St & Madison Avenue $ 55
4,600
$ 21,083
E 49th St & Between Fifth Avenue $ 27
3,300
$ 7,425
W 57th St & Avenue of the Americas $ 68
4,100
$ 23,233
Park Ave & East 59th Street $ 69.5
6,200
$ 35,908
E 58th St & Third Avenue $ 50
3,400
$ 14,166
E 61st St & Second Avenue $ 61
2,500
$ 12,708
Address $ / SF / Yr SF Monthly Rent
E 60th St & Madison Avenue $ 55
1,600
$ 7,333
W 57th St & Avenue of the Americas $ 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 $ 44.5
2,500
$ 9,270
E 56th St & Park Avenue $ 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 / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 52.5
7,100
$ 31,062
Address $ / SF / Yr SF Monthly Rent
E 59th St & Between Second Avenue $ 65.5
6,500
$ 35,479
E 59th St & Madison Avenue $ 61.5
4,000
$ 20,500
Address $ / SF / Yr SF Monthly Rent
W 47th St & Avenue of the Americas $ 53
2,000
$ 8,833

Retail Spaces for Rent at 885 Third Ave

Rent Retail 885 Third Ave

Rent Medical Space at 885 Third Ave

Office Tenants Rented / Leased 885 Third Avenue
  • CorpBanca leased 13,854 SF
  • Goulston & Storrs leased 19,270 SF
  • Galileo Investment Management leased 1,930 SF
  • Paladin Strategici Partners leased 1,923 SF
  • SDR Holdings leased 13,900 SF
  • Kurron Shares of America leased 3,205 SF
  • Latham & Watkins LLP leased 80,000 SF
  • SRK Management Co leased 7,297 SF
  • GWFF USA, Inc leased 4,369 SF
  • Colchester Global Investers leased 3,148 SF
Retail Tenants Rented / Leased 885 Third Avenue
  • Crimson & Rye leased 2,500 SF
Nearby Office Tenants Leased
  • 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
  • Capital One leased 164,488 SF at 299 Park Ave
Nearby Retail Tenants Leased
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • 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
$ / 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 885 Third Avenue. This trend is projected to continue. Opportunities for subleases remain available at 885 Third Avenue and in the nearby Plaza District neighborhood.
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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

885 Third Avenue Property Overview

Building Address: 885 Third Ave, New York NY 10022
Building Name: Lipstick Building
Building Alternate Address: 885 3rd Ave
Zip Code:10022
Neighborhood:Plaza District
Borough:Manhattan
Stories:34
Year Built:1986
Building Class:A
Block & lot:01327-0001

885 Third Avenue, known as the Lipstick Building, is a postmodern skyscraper located in Midtown Manhattan, New York City. Completed in 1986, it was designed by John Burgee Architects in collaboration with Philip Johnson. The building's unique design, featuring red granite and stainless steel, resembles a tube of lipstick and is a notable example of postmodern architecture.

The Lipstick Building rises 34 stories and contains over 600,000 square feet of Class A office space. Its design was influenced by Manhattan's zoning regulations, which required setbacks to allow more light at street level. The building features a public plaza and is near major subway lines, providing easy access to Grand Central Terminal.

Originally, the building included a renowned restaurant, Wolfgang's Steakhouse. In early 2024, the lobby was renovated with modern features, including a new Epicerie Boulud cafe and updated interior design elements.

885 Third Avenue, Manhattan, NYC

Also known as the Lipstick Building, located at the corner of Third Avenue and East 53rd Street.

This iconic post-modern building was designed by John Burgee and Philip Johnson, completed in 1986.

It stands 34 stories tall, featuring a unique elliptical shape and red granite façade.

The building is a prominent landmark in Midtown Manhattan, offering Class A office space.


885 Third Avenue, known as the Lipstick Building, offers several amenities:

  • Gourmet Dining: Enjoy on-site restaurants like Wolfgang's Steakhouse and Crimson & Rye.
  • State-of-the-Art Elevators and Restrooms: Experience comfort and efficiency with newly upgraded facilities.
  • On-Site Management: A dedicated team is available to meet your needs.
  • Energy Star Certification: Work in an environment recognized for its sustainability efforts.
  • Public Plaza: A beautifully designed outdoor space for relaxation.

The Lipstick Building at 885 Third Avenue in Manhattan is home to several prominent tenants. Notable tenants include:

  • EC Mergers & Acquisitions
  • Aurora Health Network
  • Herald Square Properties
  • Stone Hill Capital Management
  • Latham & Watkins
  • Toll Brothers

Internet Providers at 885 Third Ave, Manhattan, NYC:

  • Verizon Fios: Offers high-speed fiber internet with speeds up to 2.3 Gbps.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps, widely available in the area.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps.

885 Third Avenue, Manhattan, NYC offers convenient access to various transportation options:

  • Subway: The nearest subway stations are 51 St and Lexington Ave - 53 St, served by the E, M, 4, 6, and 7 trains.
  • Bus: Nearby bus stops include M1, M2, M3, M4, Q32, and QM2.
  • Train: The nearest train station is Grand Central Terminal, accessible via the Metro-North Railroad.

Cross streets include East 53rd Street and East 54th Street.

Office Tenants Rented / Leased 885 Third Avenue
  • CorpBanca leased 13,854 SF
  • Goulston & Storrs leased 19,270 SF
  • Galileo Investment Management leased 1,930 SF
  • Paladin Strategici Partners leased 1,923 SF
  • SDR Holdings leased 13,900 SF
  • Kurron Shares of America leased 3,205 SF
  • Latham & Watkins LLP leased 80,000 SF
  • SRK Management Co leased 7,297 SF
  • GWFF USA, Inc leased 4,369 SF
  • Colchester Global Investers leased 3,148 SF
Retail Tenants Rented / Leased 885 Third Avenue
  • Crimson & Rye leased 2,500 SF
Nearby Office Tenants Leased
  • 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
  • Capital One leased 164,488 SF at 299 Park Ave
Nearby Retail Tenants Leased
  • North Fork Bank leased 12,000 SF at 57 West 57th St
  • 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

Recent News About 885 Third Avenue

ConnectivCorp Testimonial

ConnectivCorp testimonial To whom it may concern: I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a sublease at 29 West 57th Street. They were 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. I look forward to working with the team at Optimal Spaces Inc. again. Very truly yours, Robert Miller Co-Chairman
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