Sunday May 05, 2024

Park Ave Office Space for Lease

Grand Central, Midtown East

LISTING DETAILS FOR Park Ave Office Space for Lease

Unit Size 3957 SQ. FT
Type Direct Lease
Price CALL FOR PRICING

DESCRIPTION

450 Park Avenue, a prestigious address in the heart of Manhattan, offers a remarkable 4,214 square feet of prime office space for rent on the 12th floor. This exquisite location presents an opportunity for businesses seeking a luxurious and well-connected workspace.

Situated on a high floor, this office space provides abundant natural light and impressive views of the city, making it an ideal setting for productivity and inspiration. The layout includes a windowed conference room that seats up to eight participants, featuring polished hardwood floors for a touch of elegance.

Additionally, the unit boasts six windowed private offices along its perimeter, designed to offer privacy and comfort, enhancing your team’s productivity. A spacious open work area with seating for eight workstations allows for collaboration and flexibility in your office setup.

This office space is undergoing prebuild renovations, including a new corridor and bathrooms, ensuring a modern and sophisticated working environment. The rental terms are flexible, ranging from 5 to 10 years, and the office is offered unfurnished, allowing you to personalize the space to meet your specific needs.

The building, an architectural landmark designed by Emery Roth & Sons, stands as an emblem of luxury and prestige. It offers curated wellness and art programs, elevating the work environment to new heights. With a prominent tenant roster that includes BDT Capital Partners, JMP Group LLC, and Jones Day, 450 Park Avenue fosters a vibrant and dynamic business community.

450 Park Avenue’s prime Plaza District location ensures easy access to all that Manhattan has to offer. From Central Park views to boutique floors and signature curvilinear windows, this building exudes sophistication. Additionally, tenants can enjoy the convenience of a new tenant spa and gym amenity, enhancing work-life balance.

Join the league of notable tenants and elevate your business to new heights at 450 Park Avenue. Whether you’re hosting client meetings in the windowed conference room, enjoying the curated amenities, or utilizing the flexible workspace options, this luxury office space offers an unparalleled environment for success. Don’t miss this opportunity to establish your presence on Park Avenue.

Space Features:

  • 4,214 square feet of prime office space
  • Located on the 12th floor of 450 Park Avenue
  • Spacious conference room with natural light, polished hardwood floors, and seating for 8
  • Six windowed private offices along the unit’s perimeter
  • Open work area accommodating 8 workstations
  • Prebuild pending for new corridor and bathrooms
  • Flexible lease terms available, ranging from 5 to 10 years
  • Unfurnished office space allowing for customization
  • Iconic Emery Roth & Sons designed building
  • Corner location at 57th Street and Park Avenue
  • Access to curated wellness and art programs
  • Impressive views framed by signature curvilinear windows
  • Convenient proximity to Central Park
  • Ideal for high-profile firms seeking a prestigious location
  • Nearby luxury retail, including Aston Martin showroom
  • Recent influx of leasing activity in the building

Transportation

  • 4, 5, 6: 0.19 miles at 59 Street
  • E, M: 0.22 miles at 5 Avenue/53 Street
  • N, W, R: 0.22 miles at Lexington Avenue/59 Street
  • 6: 0.3 miles at 51 Street
  • F, Q: 0.34 miles at Lexington Avenue/63 Street
  • F: 0.35 miles at 57 Street
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BlueCrest Capital Management, the renowned British-American hedge fund co-founded by billionaire Michael Platt, has chosen 499 Park Avenue as its new home, signing a 15-year lease for a 21,640 square foot office space spanning the 30th and 31st floors of this prestigious Midtown office building, owned by SL Green. The building offers an exceptional work environment, a prestigious location, and exciting amenities, making it an ideal choice for high-profile firms like BlueCrest.

450 Park Avenue, designed by Emery Roth & Sons and completed in 1972, stands as an architectural landmark. Its 33-story Class A office building offers 335,000 square feet of rentable space and is located at the corner of 57th Street, providing breathtaking views framed by the building’s signature curvilinear windows. This trophy asset is now under the ownership of SL Green, known for its prime Plaza District location, boutique floors, and a range of amenities, including a new tenant spa and gym amenity.

With notable tenants such as BDT Capital Partners, JMP Group LLC, and Jones Day, 499 Park Avenue fosters a vibrant business community. The building’s central location not far from Central Park and its dramatic Park Avenue and Central Park views further enhance its appeal.

In recent times, the finance industry has been driving demand for office space in Manhattan, with hedge funds and investment firms expanding their footprint in the city. Blue Crest’s move to 499 Park Avenue is a testament to the building’s desirability as a workspace for prestigious firms.

Furthermore, 499 Park Avenue has witnessed increased leasing activity, with tenants relocating and expanding within the building. This resurgence is attributed to the completion of construction on the nearby ultra-luxury condo tower at 432 Park Avenue. Prospective tenants are now returning, drawn by the building’s premium offerings and the improving neighborhood conditions.

As 499 Park Avenue claims its status as a premier office building, it continues to attract high-profile firms and businesses looking for an extraordinary work environment in the heart of Manhattan’s bustling business district.

Tenants found here Past and Present

  • Stensul: 2023 New Lease
  • SPX Capital: 2022 New Lease
  • Willow Tree: 2021 New Lease
  • Cloverfields Capital: 2021 New Lease
  • Junto Capital Management: 2020 New Lease
  • Steadfast Financial: 2020 Expansion
  • Steadfast Financial: 2020 Expansion
  • Steadfast Financial: 2020 Renewal/Expansion
  • Nitorum Capital: 2019 New Lease
  • Jones Day: 2018 New Lease
  • BDT: 2017 Expansion
  • Banco Bradesco: 2017 Extension
  • Junto Capital Management: 2016 New Lease
  • BDT: 2016 Expansion
  • Chevez Ruiz Zamarripa: 2016 New Lease
  • Family Office Rpp Llc: 2016 New Lease
  • JMP Group: 2016 Renewal
  • Milbank, Tweed, Hadley & McCloy: 2013 New Lease
  • Dow Chemical: 2013 Expansion

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