Wednesday May 31, 2023

Park Ave Office Space Sublet Rental

Grand Central, Midtown East

LISTING DETAILS FOR Park Ave Office Space Sublet Rental

Unit Size 16849 SQ. FT
Type Sublet


Looking for a new office space that can accommodate your growing team? Look no further than 430 Park Avenue, where we have a full-floor sublease available on the 14th floor, totaling 16,849 RSF. The space is available for a lease term through February 2027, with extension options available.

Located on the bustling Park Avenue between 55th and 56th Streets, 430 Park Avenue is a prime location for businesses looking to relocate to a vibrant community that offers attractive rents, ample foot traffic, and proximity to transportation. In recent years, more and more businesses have relocated from Fifth and Madison Avenues to the Park Avenue neighborhood, making 430 Park Avenue the nexus of this rapidly growing area.

The building boasts a full block front on Park Avenue and is just blocks away from major destinations such as Central Park, Bloomingdale’s, Apple, Bergdorf Goodman, and the Four Seasons Hotel New York. The property is owned by Oestreicher Properties Inc., Marx Realty, and Midwood Investment & Development and is managed by Oestreicher.

Some of the prominent firms that have recently signed leases at 430 Park Avenue include Silver Rock Capital, SK Capital, and Impala Asset Management, among others. TIAA of America, a Fortune 100 financial services organization that provides services in the academic, research, medical, cultural, and governmental fields, has moved to a larger space on the 14th floor spanning 16,489 SF. SK Capital, a private investment firm focused on specialty materials, chemicals, and pharmaceuticals, has moved from nearby 400 Park Avenue, occupying 16,849 SF on 430 Park Avenue’s 18th floor. MoloLamken, a law firm focused on complex litigation, has moved from Madison Avenue, taking 16,849 square feet on the building’s 6th floor. Impala Asset Management, an investment management firm, signed a lease for 8,517 SF on the 7th floor of the building.

This recently renovated space features private offices, premium amenities, and a vibrant community that will kickstart your business operations. The asking rent for this space is competitive, and the concession package is fair, which makes it an ideal option for businesses looking to relocate. Whether you need a full or partial floor sublease, 430 Park Avenue can accommodate your needs. Don’t miss this opportunity to be a part of the exciting transformation happening in the heart of New York City.

Space Features:

  • Spacious layout with plenty of natural light
  • Open floor plan that encourages collaboration and communication
  • High-speed internet and technology infrastructure
  • Fully furnished with modern and ergonomic furniture
  • On-site amenities such as a kitchen, lounge, and meeting rooms
  • Convenient location with easy access to transportation and nearby restaurants
  • Customizable design options to fit specific business needs and branding
  • Professional reception and mail handling services
  • 24/7 security and access control for peace of mind
  • Flexible lease options to accommodate changing business needs.
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