Saturday June 15, 2024

Park Avenue Sublet Office Rental

Grand Central, Midtown East

LISTING DETAILS FOR Park Avenue Sublet Office Rental

Unit Size 7483 SQ. FT
Type Sublet
Price CALL FOR PRICING

DESCRIPTION

This sublet office space listing offers a highly informative and detailed description
of a 7,483 RSF partial 22nd-floor unit at 320 Park Avenue, available from June
2023 to August 30, 2025. The asking rent is available upon request, and interested
tenants can call for the latest rate.

The sublet unit is an expertly designed class A office space, with no expense
spared, that can serve as a headquarters, expansion space, or showroom. The
unit features a corner private office, four high-end glass-fronted perimeter
offices, a 12-person boardroom, four internal core private offices, two meeting
rooms/offices, and a 12-workstation open work area with a café/pantry.
The space is “plug and play” by definition and comes fully furnished
and wired, with minimal out-of-pocket expenses for the incoming subtenant.

Moreover, the space has full-length windows with beautiful views of both Park
Avenue and East 51st Street. The sublandlord is financially strong, and the
newly renovated building boasts a brand new lobby and grab & go café.
It also features a full-floor amenity center that includes a lounge, bistro,
conference center, and a landscaped, wraparound, furnished terrace. Additionally,
the office space is conveniently located near mass transportation.

The building at 320 Park Avenue is home to high-profile office and retail tenants,
such as Mizuho Securities USA, Weiss, First Republic Bank, Bear Stearns, Standard
Americas, Zephyr Management, DDR Corporation, and Chipotle Mexican Grill. The
building offers 730,000 square feet of Class A Plaza District office space across
35 stories, and it is LEED Gold-certified. The tower used to serve as the ITT
Corporation World Headquarters before extensive renovations in 1994. The building
now has a central building automation system, new HVAC, plumbing, electrical,
fire and life safety systems, tenant-controlled air conditioning and ventilation,
17 passenger elevators and 2 freight elevators, double-pane windows, and flexible
floor plates.

Furthermore, the building benefits from an excellent location in the heart
of Midtown Manhattan and the prestigious Plaza District, providing tenants with
access to a plethora of high-end retail shops and dining venues. Public transportation
is also easily accessible, with the E, M, 4, and 6 trains conveniently located
nearby.

Office asking rents in the prestigious Plaza District of Midtown Manhattan
tend to come at a premium, with rents that can often command over $100 per square
foot. The asking rent at 320 Park Avenue is available upon request, and interested
tenants are advised to call for the latest rate. Overall, this sublet office
space at 320 Park Avenue offers a rare opportunity for businesses to lease a
highly sought-after space in a prestigious location, with top-quality design
and amenities.

Space Features

  • Plug & play new prebuilt unit with 1 executive office, 4 perimeter
    offices, 4 interior offices, 1 12-person conference room, 2 4-person meeting
    rooms/offices, 14 workstations, and a café/pantry
  • Financially strong sublandlord
  • Newly renovated building featuring brand new lobby and grab & go
    café
  • Full floor amenity center that includes a lounge, bistro, conference
    center, and a landscaped, wraparound, furnished terrace
  • Conveniently located to mass transportation
  • Full length windows overlooking both Park Avenue and East 51st Street
  • Ideal location in Midtown South with optimal proximity to Grand Central Terminal and an abundance of nearby restaurants and bars.

About 320 Park Avenue:

  • 730,000 SF of Class A Plaza District Office Space
  • Owned by Mutual of America Life Insurance Company and managed by JLL
  • LEED Gold-certified, International Style tower
  • Amenities include full-service concierge, messenger center, tenant-controlled
    air conditioning and ventilation, 17 passenger elevators, and 2 freight elevators
  • Home to various high-profile office and retail tenants, including Mizuho
    Securities USA, Weiss, First Republic Bank, Bear Stearns, Standard Americas,
    Zephyr
  • Management, DDR Corporation, and Chipotle Mexican Grill
  • Asking rents start at around $75 per square foot at the base of the
    tower and close to $100 per square foot in the upper floors

Why rent an office space at 320 Park Avenue:

  • Excellent location in the heart of Midtown Manhattan and the prestigious
    Plaza District
  • Access to high-end retail shops and dining venues
  • Convenient to major subway lines, including the E, M, 4 and 6 trains

High-End Sublease on Park Avenue:

  • Among the most prestigious buildings in the Plaza District
  • Elite tenant roster in Manhattan

  • Get more info about this space

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