Address 320 Park Avenue Class A
Cross Streets 50th & 51st Streets Size 730,000 SF
Year built 1960 Architect Swanke Hayden Connell Architects, Emery Roth & Sons

Description

The office building at 320 Park Avenue in Midtown Manhattan was originally completed in the early 1960s with a design by Emery Roth & Sons. In 1992, Mutual of America paid $130 million to buy the then-empty office tower from Olympia & York. Then, in 1994, the building was stripped down to its core and rebuilt, in a redevelopment effort spearheaded by Swanke Hayden Connell Architects. It was the best option for Mutual, as the building was constructed before the 1961 Zoning Resolution in NYC. This means that it was significantly larger than new buildings developed in the area, so Mutual would get to keep that extra office space if it just redeveloped the existing property. Nowadays, the building is home to various high-profile office and retail tenants, and continues to house the Mutual of America headquarters.

730 KSF of Class A Plaza District Office Space

The Mutual of America Building offers 730,000 square feet of Class A Plaza District office space across 35 stories. It is currently owned by Mutual of America Life Insurance Company, and managed by JLL.

The LEED Gold-certified, International Style tower used to serve as the ITT Corporation World Headquarters, before the company moved out in 1990. In 1994, the building was extensively renovated, adding a new central building automation system, new HVAC, plumbing, electrical, fire and life safety systems. Amenities include a full-service concierge, a messenger center, generous amounts of natural light, and views of Park Avenue and Grand Central Terminal. Further features include tenant-controlled air conditioning and ventilation, 17 passenger elevators and 2 freight elevators, double-pane windows, and flexible floor plates.

Getting to and from 320 Park Avenue

The Mutual of America Building at 320 Park Avenue benefits from an excellent location in the heart of Midtown Manhattan and the prestigious Plaza District. Those working within the building have access to a plethora of high-end retail shops and dining venues in the area. Public transportation is also easily accessible, as the building is convenient to major subway lines, including the E, M, 4 and 6 trains.

Who is renting office space at 320 Park Avenue?

The office building at 320 Park Avenue is 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.

How much is the rent price for office space at 320 Park Avenue?

Office asking rents in the prestigious Plaza District of Midtown Manhattan tend to come at a premium, and the submarket is one of the priciest in NYC. Rents in this area can often command over $100 per square foot, and 320 Park Avenue is no exception. Asking rents tend to be close to $100 per square foot in the upper floors, and they start somewhere around $75 per square foot at the base of the tower.

Available Spaces

Interested in office space at 320 Park Avenue, Mutual of America Building Office Space? Contact us today

Listing Location & Nearby Public Transportation

Nearby Transportation

Subway

53rd Street–Lexington Avenue - 2 minutes Walk
53rd Street–5th Avenue - 8 minutes Walk
51st Street (6) - 0 minute Walk

Bus

East 50th Street/2nd Avenue - 7 minutes Walk
East 50th Street/3rd Avenue - 5 minutes Walk
East 50th Street/Lexington Avenue - 3 minutes Walk
East 50th Street/Madison Avenue - 5 minutes Walk
East 50th Street/5th Avenue - 8 minutes Walk
East 49th Street/Madison Avenue - 7 minutes Walk
East 49th Street/Lexington Avenue - 4 minutes Walk
East 49th Street/3rd Avenue - 5 minutes Walk
East 49th Street/2nd Avenue - 7 minutes Walk
2nd Avenue & East 50th Street - 7 minutes Walk
2nd Avenue & East 54th Street - 7 minutes Walk
East 57th Street & 3rd Avenue - 8 minutes Walk
East 57th Street & Lexington Avenue - 7 minutes Walk
Madison Avenue & East 54th Street - 6 minutes Walk
Madison Avenue & East 48th Street - 7 minutes Walk
East 57th Street & Park Avenue - 7 minutes Walk
3rd Avenue & East 55th Street - 5 minutes Walk
3rd Avenue & East 47th Street - 7 minutes Walk

Important information

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