For Lease – 345 Park Avenue South, New York, NY 10010

• Asking Rent: $40,000 / Month
• Unit Size: 11,588 SF
• Property Type: Office – Class B / Creative Loft
• Lease Type: Direct Lease
• Location: Park Avenue South, Flatiron / Midtown South, Manhattan, New York

Property Overview

345 Park Avenue South presents an excellent opportunity to lease 11,588 SF of office space in the heart of Manhattan’s Flatiron/Union Square corridor. Offering a combination of affordability and location, this property is ideal for mid-sized tenants seeking a prestigious Park Avenue address without Class A pricing.

With flexible layouts, high ceilings, and strong natural light, the space can be adapted for open-plan creative use or traditional professional services. The building provides attended lobby service, updated infrastructure, and excellent proximity to transit hubs.

Key Features

• Asking Rent: $40,000 / Month
• Unit Size: 11,588 SF
• Building Type: Office – Class B / Loft-Style
• Location: Park Avenue South, Flatiron / Midtown South
• Configuration: Adaptable floor plan with potential for mix of open and private offices
• Ceiling Heights: High, with large window lines
• Transit Access: Near Union Square and Madison Square Park; excellent subway access (4, 5, 6, N, Q, R, W, L lines)
• Amenities: Attended lobby, professional management, modernized building systems

Market Profile

Location Advantage: Park Avenue South continues to attract tech, creative, and professional tenants seeking Midtown South’s unique blend of prestige and energy. The property benefits from Union Square’s unmatched transit and lifestyle amenities.

Lifestyle Appeal: Tenants enjoy walkable access to dining, cafés, shopping, gyms, and parks, reinforcing this area as one of New York City’s most desirable work environments.

Competitive Advantage: At 11,588 SF for $40,000/month, this space offers an exceptional cost-per-square-foot value for Park Avenue South, making it particularly competitive against nearby Class A office spaces.

Summary

The 11,588 SF office space at 345 Park Avenue South, New York, NY 10010, available for $40,000/month, delivers a balance of affordability, scale, and location in one of Midtown South’s strongest office submarkets. With flexible layouts and a prestigious Park Avenue South address, it’s an ideal option for mid-sized tenants looking for value and visibility.