|Address||120 East 56th Street||Class||B|
|Cross Streets||Park Avenue & Lexington Avenue||Size||86,000 SF|
|Year built||1926||Architect||Rosario Candela|
The office building rising at 120 East 56th Street in Midtown Manhattan was completed in 1926, with a design by Rosario Candela. It is owned and managed by First Pioneer Properties, and offers Class B office space in a prime location in the prestigious Plaza District. The property offers various amenities that make it an ideal fit for both small startups and larger tenants looking for full-floor options.
86 KSF of Class B Plaza District Office Space
The property at 120 East 56th Street, also known as Park56, offers roughly 86,000 square feet of Class B Plaza District office space. The 16-story building is owned and managed by First Pioneer Properties, and includes roughly 11,000 square feet of ground-floor retail space. Spaces range from 500 to full floors of 6,000 square feet, and features renovated common spaces like hallways and bathrooms. Amenities include a renovated lobby, concierge service, direct electric service, operable windows, usable terraces, and 24/7 access. The full-service rent includes HVAC, heat, water, janitorial services, lobby guard, sprinklers, and two modernized elevators.
Getting to and from 120 East 56th Street
Park56 at 120 East 56th Street benefits from an excellent location in the prestigious Plaza District, adjacent to the city’s new premier office tower, 425 Park Avenue. Those working at Park56 have easy access to a plethora of shopping and dining destinations nearby, as well as public transportation. The 59th Street-Lexington Avenue station is nearby, serving the N, R, and W lines. The Fifth Avenue-53rd Street and Lexington Avenue-53rd Street stations are also close by.
Who is renting office space at 120 East 56th Street?
The office building at 120 East 56th Street houses various tenants in industries like healthcare and wellness, fashion, and financial services. Notable tenants occupying office space at the building include Balance in Motion Physical Therapy, Park 56 Dental, Blitzer, Clancy & Company, Pomellato, Truman Gentlemen’s Groomers, and Montebello Ristorante Italiano.
How much is the rent price for office space at 120 East 56th Street?
Office asking rents in the Plaza District are not for the faint of heart, especially when it comes to Class A spaces. Rents can often surpass $90 or even $100 for state-of-the-art space in this submarket, which makes it ideal for large corporations and institutions. Class B assets such as Park 56 offer a good alternative, boasting significantly lower rents but offering all the modern features and amenities tenants look for in Manhattan. Rents at 120 East 56th Street start around $60 per square foot.
Image via Google Street View
Interested in office space at 120 East 56th Street, Park56 Office Space for Lease? Contact us today
Listing Location & Nearby Public Transportation
53rd Street–Lexington Avenue - 5 minutes Walk59th Street () - 7 minutes WalkLexington Avenue–59th Street - 8 minutes Walk53rd Street–5th Avenue - 7 minutes Walk51st Street ( ) - 5 minutes Walk5th Avenue–59th Street - 9 minutes Walk
East 50th Street/Lexington Avenue - 8 minutes WalkEast 50th Street/Madison Avenue - 8 minutes WalkEast 60th Street/Park Avenue - 6 minutes WalkMadison Avenue/East 60th Street - 7 minutes WalkMadison Avenue/East 59th Street - 6 minutes WalkEast 60th Street/Madison Avenue - 7 minutes Walk3rd Avenue/East 60th Street - 8 minutes Walk3rd Avenue/East 61st Street - 8 minutes Walk2nd Avenue & East 57th Street - 8 minutes WalkEast 60th Street/Lexington Avenue - 6 minutes Walk2nd Avenue & East 54th Street - 9 minutes WalkEast 57th Street & 3rd Avenue - 5 minutes WalkEast 57th Street & Lexington Avenue - 3 minutes WalkMadison Avenue & East 54th Street - 4 minutes Walk5th Avenue & West 56th Street - 6 minutes WalkEast 57th Street & Park Avenue - 2 minutes Walk3rd Avenue & East 55th Street - 4 minutes Walk
This listing is presented for illustrative purposes only, it may no longer be available, and is provided merely as an exemplary representation of the types of spaces in a given neighborhood for a given price
Midtown Manhattan Neighborhoods Midtown is Manhattan’s central hub and its largest and most prominent office market. With roughly 242 million square feet of Midtown office space, there are various options to choose from. Moreover, you have several submarkets to consider in this expansive, diverse area. However, leasing or subletting office space in Midtown Manhattan is not a…Learn more about Midtown Manhattan
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