419 Park Avenue South Office Space for Lease

Description

The mid-rise office building at 419 Park Avenue South was completed in 1927, boasting an Art Deco design by New York architect Walter Haefeli. Haefeli designed several commercial buildings in Manhattan, including 44 East 32nd Street, 205 West 19th Street, 36 East 31st Street, and 404-412 Park Avenue South.

Also known as the Bowker Building, 419 Park Avenue South is clad in brown brick and sits atop a red stone with gray plinths base. The main entrance lies in the south bay of the building’s western facade, facing the buzzing Park Avenue South. The building was renovated in 2013 and had its facade wholly restored. It is currently owned and managed by Walter & Samuels and features quality office and retail space for lease at an affordable price point.

191 KSF of Class B Gramercy Park Office Space

419 Park Avenue South features 190,954 square feet of Class B office space for lease in Gramercy Park. It also features more than 7,000 square feet of retail space on the ground floor, previously currently occupied by the Bread & Butter restaurant. Floorplates range from 6,500 to 9,000 square feet, with above-grade ceiling heights, abundant natural light, and large windows.

The 20-story Midtown South office building includes a tenant-exclusive rooftop terrace and garden, a fitness center, a swimming pool, and an on-site restaurant and bar. The ground floor and basement level are currently available for lease and can accommodate a restaurant. The full 16th, 19th, and 20th floors are also available for lease. There are also smaller spaces available for lease on the 4th, 7th, and 10th floors of the building.

Getting to and from 419 Park Avenue South

The office building located at 419 Park Avenue South benefits from an excellent, central location in the heart of Midtown Manhattan. The property offers tenants access to numerous shopping and dining destinations, hotels, and public transportation. Grand Central Terminal is just a short walk away, and the 6 train and M4 bus are also easily accessible from the location.

Who is renting office space at 419 Park Avenue South?

The Gramercy Park building at 419 Park Avenue South is home to various office tenants in healthcare, architecture and design, financial services, technology, and law. Notable tenants include NYU Langone Health, Keiser Associates, Walter & Samuels, Blue Outdoor, Inter-Atlantic Group, Siegel & Coonerty, Klarna, and JWalk. The ground floor was previously occupied by the Bread & Butter restaurant, and is currently available for rent.

How much is the rent price for office space at 419 Park Avenue South?

Office asking rents at 419 Park Avenue South start at $50 per square foot but can vary depending on the terms of the lease negotiated with the landlord. Landlords are more open to concessions than ever before, so things like tenant improvement allowances, build-outs, and even free rent can be negotiated before signing a lease.

Image via Google Street View