Property Summary – 2 Park Avenue, New York, NY 10016 (Midtown South / Murray Hill – Park Avenue Corridor)
Rent: $45,000/month
Type: Retail / Commercial Space
Size: 4,425 ft²
Location: Park Avenue Corridor — Midtown South / Murray Hill, Manhattan
Location Description
2 Park Avenue is positioned along the highly visible Park Avenue corridor in Midtown South/Murray Hill—an area supported by dense office towers, hotels, institutional users, and a steady weekday commuter population. Park Avenue offers strong visibility and “corporate corridor” branding, making this location attractive for retailers and service operators that benefit from office traffic, client access, and a central Manhattan presence.
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This area also sits near major crosstown routes, connecting quickly to Grand Central, Midtown East, and the Flatiron/NoMad zones.
Space & Business Potential
With approximately 4,425 square feet, this is a flexible mid-to-large retail footprint—appropriate for destination retail, branded showrooms, fitness/wellness operators, financial/service uses, or food concepts (subject to venting and building approvals).
Best suited for:
- Showroom / experiential retail
- Fitness studio or wellness concept
- Bank / financial services / medical office retail
- Specialty market or service retail
- Large-format boutique retail
Key advantages include:
- Prime Park Avenue visibility and signage value
- Strong weekday daytime traffic from offices and commuters
- Scale suitable for high-revenue operators
- Efficient size for flagship-style buildout without needing “big-box” scale
- Central location convenient for employees and customers
Financial Overview
- Asking Rent: $45,000/month
- Annual Rent: $540,000/year
- Size: 4,425 ft²
- Estimated Rent per Square Foot: ~$122/ft² annually
Neighborhood Highlights
Nearby demand drivers typically include:
- Office population and corporate tenancy along Park Avenue
- Grand Central and Midtown East commuter flow
- Hotels, restaurants, and business services
- Proximity to NoMad / Flatiron commercial activity
- Strong weekday lunch and after-work demand
Transportation
Excellent transit access, typically including:
- 4 / 5 / 6 / 7 / S (Grand Central)
- 6 train (33 St / 28 St corridor)
- Multiple bus routes along Park, Madison, Lexington, and 3rd Ave
- Easy access to major avenues and Midtown thoroughfares
Summary
2 Park Avenue offers a 4,425 ft² retail opportunity at $45,000/month (~$122/ft² annually) in a highly visible Midtown South/Murray Hill corridor. With strong weekday traffic, excellent transit access, and a scalable footprint, this space is well suited for showroom concepts, wellness/fitness, financial services, or destination retail seeking a central Manhattan Park Avenue presence.
