Commercial Retail/Office Lease – 430 Park Avenue, New York, NY 10022
Asking Rent: $15,000/Month
Space Available: 1,917 SF
Location: Midtown East – Park Avenue Corridor (10022)
Availability: Immediate
Property Overview
430 Park Avenue offers a prime 1,917 SF retail/office suite in one of Manhattan’s most prestigious corporate corridors. Surrounded by Class A office towers and luxury retail, this space provides exceptional visibility and prestige for professional offices, boutique retail, or financial services.
The property benefits from strong foot traffic, proximity to Grand Central Terminal, and high accessibility for Midtown East clientele. Positioned within a premier office/retail corridor, tenants gain branding power alongside established financial institutions, luxury retailers, and global corporate headquarters.
Key Features
- Size: 1,917 SF
- Type: Retail / Office Lease
- Asking Rent: $15,000 per month
- Building Class: Class A corporate corridor
- Frontage: Excellent Park Avenue visibility
- Condition: White-boxed and adaptable to tenant’s needs
- Transit Access: Steps from Grand Central Terminal, E/M/6 subway lines, and multiple bus routes
Market Profile
- Target Tenants: Professional services, boutique retail, financial firms, luxury showrooms
- Neighborhood Demand: Park Avenue corridor remains one of Manhattan’s strongest locations for high-credit office and retail tenants
- Competitive Advantage: Prestigious Park Avenue address at a more efficient footprint compared to larger Class A office towers
Financial Highlights
- Asking Rent: $15,000/Month
- Size: 1,917 SF
- Effective Rent per SF: ~$94/SF annually
- Term: Flexible (to be negotiated)
- Escalations & TI Allowance: Negotiable based on credit and lease length
Location Advantages
- Neighborhood: Midtown East – Park Avenue, a premier business and financial hub
- Proximity: Surrounded by global financial institutions, luxury retailers, and high-end dining
- Transit: Exceptional access to Grand Central Terminal (Metro-North, 4/5/6/7, Shuttle), Lexington Ave–53rd St (E/M), and crosstown buses
- Branding Power: Prestigious Park Avenue address enhances credibility and visibility
Summary
The 1,917 SF space at 430 Park Avenue is a rare opportunity to secure a prime Midtown East Park Avenue address for boutique office or retail use at $15,000/month. Its combination of visibility, prestige, and transit connectivity makes it an ideal choice for financial firms, luxury brands, or professional services seeking a foothold in Manhattan’s most recognized corporate corridor.