Skip to content

Gramercy Park Office Space for Rent

Expert Tenant Broker
We represent you, not the landlord

Map of Gramercy Park Office Space for Rent
  • Direct
  • Sublease
  • coworking

Gramercy Park Office Space Listings

Class Address SF Monthly Rent
Large Offices for Rent
B 23,000
$ Negotiable
B 19,300
$ Negotiable
A 17,000
$ Negotiable
C 12,300
$ 47,600
B 12,000
$ 48,400
A 11,300
$ Negotiable
C 11,000
$ 36,200
B 7,700
$ 42,800
Medium Offices for Rent
B 6,500
$ Negotiable
B 6,100
$ Negotiable
C 5,500
$ 24,400
C 5,000
$ Negotiable
A 3,400
$ Negotiable
A 3,400
$ Negotiable
B 2,700
$ 16,800
B 2,500
$ 14,800
Small Offices for Rent
C 1,900
$ Negotiable
C 1,900
$ Negotiable
B 1,800
$ 11,000
A 1,600
$ Negotiable
Class Address SF Monthly Rent
Large Offices for Rent
B 21,100
$ Negotiable
B 19,400
$ Negotiable
B 8,800
$ 58,200
B 7,700
$ 37,200
C 7,400
$ Negotiable
C 7,300
$ Negotiable
Medium Offices for Rent
B 6,700
$ Negotiable
B 6,500
$ Negotiable
C 3,200
$ Negotiable
Small Offices for Rent
A 2,300
$ Negotiable
B 2,100
$ Negotiable
B 2,000
$ Negotiable
Class Address SF Monthly Rent
Large Offices for Rent
B
Madison Ave & East 26th Street
Gramercy Park · Floor 9 (full)
12,800
$ Negotiable
B
Madison Ave & East 26th Street
Gramercy Park · Floor 9 (full)
12,600
$ Negotiable
B
Fifth Ave & East 37th Street
Murray Hill · Floor 8
7,200
$ 30,200
B
W 27th Street & Avenue of the Americas
Chelsea · Floor 11 (full)
7,100
$ 18,600
C
W 30th Street & Fifth Avenue
Penn Plaza/Garment · Floor 3 (full)
7,100
$ 22,000
Medium Offices for Rent
B
Fifth Ave & East 32nd Street
Murray Hill · Floor 2
4,700
$ Negotiable
B
E 17th Street & Fifth Avenue
Gramercy Park · Floor 2 (full)
4,200
$ Negotiable
B
Madison Ave & East 40th Street
Grand Central · Floor 10
2,500
$ 13,600
B
W 25th Street & Broadway
Chelsea · Floor 8 (full)
2,500
$ 13,400
Small Offices for Rent
B
Madison Ave & East 40th Street
Grand Central · Floor 11
2,000
$ Negotiable
A
Lexington Ave & East 31st Street
Murray Hill · Floor 5
1,900
$ Negotiable
B
Madison Ave & East 40th Street
Grand Central · Floor 9
1,800
$ Negotiable

Office Tenants Rented / Leased Gramercy Park

Gramercy Park Office Rent Average

Average asking rent, Class A buildings, 2019–2023 ($ per square foot per year)
Building Class Year $ / SF / Yr
A 2019 81.0
A 2020 90.0
A 2021 79.0
A 2022 112.0
A 2023 146.0
Average asking rent, Class B buildings, 2019–2023 ($ per square foot per year)
Building Class Year $ / SF / Yr
B 2019 68.0
B 2020 67.0
B 2021 60.0
B 2022 73.0
B 2023 81.0

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 a 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

About Gramercy Park

Gramercy Park is a charming and historic neighborhood located in the heart of Manhattan, New York City. It is bounded by East 14th Street to the south, East 23rd Street to the north, Park Avenue South to the west, and First Avenue to the east.

Geographic Boundaries

Gramercy Park is situated within Manhattan Community District 6, with a small portion in Community District 5. The neighborhood is nestled between the bustling Flatiron and Murray Hill areas, offering residents a tranquil atmosphere amidst the vibrant cityscape.

Brief Overview of Gramercy Park

At the heart of the neighborhood is the picturesque Gramercy Park, a private green space accessible only to residents of the surrounding buildings. This exclusive park, designed by Samuel Ruggles, is an oasis in the midst of Manhattan, featuring lush foliage, stunning sculptures, and picturesque fountains.

Built Environment and Real Estate

The real estate in Gramercy Park is characterized by a mix of beautiful historic brownstones, pre-war apartment buildings, and luxury condominiums. The area around the private park is particularly coveted, with elegant townhouses and upscale apartments. The neighborhood's high-end properties reflect its prestige and central location.

Businesses and Retailers

Gramercy Park offers a refined shopping and dining experience. Irving Place, Third Avenue, and Park Avenue South are home to various boutiques, specialty shops, and upscale dining establishments. Residents and visitors can enjoy a range of cuisines, from classic American fare to international delicacies. The neighborhood also features cozy cafes, wine bars, and bakeries that add to its charm.

Restaurants

The neighborhood is renowned for its fine dining options. Some of the top restaurants include The Gramercy Tavern, known for its farmhouse-to-table cuisine, and Pete’s Tavern, which claims to be the oldest continuously operating bar in the city. These establishments, along with numerous other eateries, provide a sophisticated culinary experience.

History of Major Attractions

Gramercy Park itself was established in 1831 as a private park, making it one of the oldest such spaces in the city. The Gramercy Theatre is another notable landmark, hosting an array of concerts and events throughout the year. The Players Club, once the home of famed Shakespearean actor Edwin Booth, features a gorgeous library and bar and is a significant cultural and historical site in the area.

The National Arts Club, located in a historic mansion, boasts an impressive art collection and hosts events ranging from lectures to musical performances. These cultural landmarks contribute to the neighborhood’s vibrant atmosphere and rich history.

Significant Buildings

Other significant buildings in the area include the Gramercy Park Hotel building, long known for its celebrity clientele.

Transportation

Gramercy Park is well-served by various subway lines, including the 6, N, Q, R, and W lines, providing easy access to other parts of the city. Additionally, several bus routes operate in the area, further enhancing connectivity.

Adjacent Zip Codes

The zip codes associated with Gramercy Park are 10003 and 10010. These zip codes cover a broader area around the neighborhood but are primarily associated with Gramercy Park itself.

Prominent Companies and Businesses

Gramercy Park hosts offices for various prominent companies across multiple sectors. The neighborhood is attractive to businesses due to its central location, historic charm, and upscale environment. While specific companies might vary, the area generally supports a mix of creative agencies, financial services, and professional consulting firms.

Business Types

The types of businesses found in Gramercy Park include creative and media agencies, financial institutions, law firms, medical practices, and boutique retail stores. The neighborhood's charm and accessibility make it an ideal location for both established companies and startups alike.

Office Buildings in Gramercy Park

join our mailing list

Thank you! we will be in touch.
Please enter your email address. Your email is required to be at least 3 characters That is not a valid email. Please input a valid email.
Please enter your email address.