Rent Office Gramercy Park

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  • Sublease Rent Office Gramercy Park Sublease
  • Coworking Rent Office Gramercy Park coworking

Rent Office Gramercy Park

Class Address SF Monthly Rent
Large Offices for Rent
A
Madison Ave & East 23rd Street
 92,700
$ Negotiable
B
E 26th Street & Fifth Avenue
 31,400
$ Negotiable
C
E 23rd Street & Lexington Avenue
 21,600
$ 123,200
C
E 23rd Street & Lexington Avenue
 21,600
$ Negotiable
A
Madison Ave & East 25th Street
 13,900
$ 109,400
B
Fifth Ave & East 29th Street
 12,500
$ 83,200
Medium Offices for Rent
B
Park Ave S & East 26th Street
 7,000
$ Negotiable
C
E 29th Street & Madison Avenue
 6,700
$ Negotiable
A
E 29th Street & FDR Drive
 6,400
$ Negotiable
A
Park Ave S & East 17th Street
 4,600
$ 37,000
B
Broadway & East 20th Street
 3,700
$ 23,400
C
Fifth Ave & East 29th Street
 2,500
$ 12,200
Small Offices for Rent
B
Broadway & East 19th Street
 2,500
$ Negotiable
C
E 23rd Street & Broadway
 2,300
$ Negotiable
A
Park Ave S & East 17th Street
 2,000
$ Negotiable
C
Broadway & East 21st Street
 1,800
$ 11,000
B
Broadway & East 18th Street
 1,800
$ 10,800
Class Address SF Monthly Rent
Large Offices for Rent
A
Madison Ave & East 23rd Street
 92,700
$ Negotiable
B
E 26th Street & Fifth Avenue
 31,400
$ Negotiable
C
E 23rd Street & Lexington Avenue
 21,600
$ 123,200
C
E 23rd Street & Lexington Avenue
 21,600
$ Negotiable
A
Madison Ave & East 25th Street
 9,100
$ 71,600
B
Fifth Ave & East 19th Street
 8,800
$ 57,800
Medium Offices for Rent
B
Park Ave S & East 26th Street
 7,000
$ Negotiable
C
E 29th Street & Madison Avenue
 6,700
$ Negotiable
A
E 29th Street & FDR Drive
 6,400
$ Negotiable
A
Park Ave S & East 17th Street
 4,000
$ 32,200
B
Broadway & East 20th Street
 3,700
$ 23,400
C
Fifth Ave & East 29th Street
 2,500
$ 12,200
Small Offices for Rent
B
Park Ave S & East 26th Street
 2,400
$ Negotiable
C
E 28th Street & Park Avenue South
 2,300
$ 7,200
C
E 23rd Street & Broadway
 2,300
$ Negotiable
B
Broadway & East 18th Street
 1,800
$ 10,800
A
Park Ave S & East 17th Street
 1,600
$ Negotiable
Rent Coworking Office
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2028 $ 1250 $ 750
Interior office/person $ 1278 $ 750 $ 500
Team Rooms $ 10028 $ 8000 $ 5000
Suites $ 20028 $ 12000 $ 7000
Class Address SF Monthly Rent
Large Offices for Rent
A
Madison Ave & East 23rd Street
 92,700
$ Negotiable
B
W 34th Street & Ninth Avenue
 45,600
$ Negotiable
C
Tenth Ave & West 79th Street
 37,900
$ Negotiable
C
E 23rd Street & Lexington Avenue
 21,600
$ 122,400
A
Madison Ave & East 25th Street
 10,500
$ 84,400
B
Madison Ave & East 33rd Street
 8,600
$ 53,600
Medium Offices for Rent
B
E 34th Street & Tunnel Approach Street
 6,900
$ Negotiable
A
W 27th Street & Broadway
 6,800
$ Negotiable
C
Broadway & West 30th Street
 6,000
$ Negotiable
C
Broadway & West 26th Street
 4,000
$ 22,600
A
Park Ave S & East 17th Street
 4,000
$ 32,200
B
Fifth Ave & East 30th Street
 3,000
$ 20,400
Small Offices for Rent
C
W 22nd Street & Fifth Avenue
 2,500
$ Negotiable
A
Fifth Ave & East 36th Street
 2,400
$ 10,200
B
Fifth Ave & East 12th Street
 2,400
$ Negotiable
A
Park Ave S & East 31st Street
 2,200
$ Negotiable
B
Madison Ave & East 33rd Street
 2,200
$ 14,200
C
W 20th Street & West 19th Street
 2,100
$ 8,400
Office Tenants Rented / Leased Gramercy Park

Gramercy Park Office Rent Average

Building Class Year $ / SF
A 2019 81.0
A 2020 90.0
A 2021 79.0
A 2022 112.0
A 2023 146.0
Building Class Year $ / SF
B 2019 68.0
B 2020 67.0
B 2021 60.0
B 2022 73.0
B 2023 81.0
Year $ / SF Building Class

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, known for its luxury accommodations and celebrity clientele. The hotel's distinctive gothic-inspired architecture makes it a prominent feature of the neighborhood's skyline.

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.

🤝
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?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
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.

Buildings Offices in Gramercy Park

✔ Complete listings.
✔ We represent only Tenants.
✔ We bid landlords against each other to save you 15-20%..
✔ Weed out bad spaces saving you 100-200 hours.
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