|Address:||215 Park Avenue South||Class:||B|
|Cross Streets:||17th & 18th Streets||Size:||300,000 SF|
|Year built:||1914||Architect:||Maynicke & Franke|
The office mid-rise at 215 Park Avenue South in Manhattan was designed by Maynicke & Franke and was completed in 1910. Conveniently located at the corner of Park Avenue South and 18th Street, the building lies between Gramercy Park and Union Square Park, offering tenants access to all the offerings of Midtown South. The building is owned by Philips International and managed by SL Green, and is currently home to several tenants in fields like media, architecture, financial services, and law.
300 KSF of Class B Midtown South Office Space
The 20-story office building at 215 Park Avenue South offers more than 300,000 square feet of Class B Midtown South office space, as well as 10,000 square feet of retail. Throughout the decades, the building has undergone several renovation efforts, including a complete overhaul in 1982 and cosmetic refinements in 2017.
215 Park Avenue offers tenants top-notch amenities, like a renovated lobby, new elevators, corridors and bathrooms, tenant-controlled air conditioning, and 24/7 access and security. The building also boasts Wired Gold certification for its internet connectivity, and Energy Star rating for its energy efficient features. The building incorporates 10,000 square feet of showroom space, as well, while the original bay windows on the upper floors offer dramatic views of the Manhattan skyline.
Getting to and from 215 Park Avenue South
The office building at 215 Park Avenue South is conveniently located close to the various shopping and dining destinations around Union Square and Gramercy Park. Tenants working within the building have easy access to a variety of public transportation options, including the N, Q, R, L, 4, 5, and 6 trains.
Who is renting office space at 215 Park Avenue South?
215 Park Avenue South is home to various tenants operating in industries like financial services, law, media, architecture and technology. Notable tenants on its roster include coworking provider Industrious, Perkins+Will, IW Group, Global Strategy Group, Rakuten USA, Matador, Warshaw Blumenthal, Kimbell International, and CVS.
How much is the rent price for office space at 215 Park Avenue South?
Office asking rents at 215 Park Avenue South are roughly on par with the Midtown Manhattan average, in the upper $80s per square foot. Midtown and Midtown South are the priciest office submarkets in the city, even though they’ve been recently surpassed by Hudson Yards in terms of office rents. Many small- to mid-sized businesses are flocking from Midtown to Midtown South, in search of more affordable rents and open, loft-style spaces in hip neighborhoods like SoHo or Chelsea.