Retail

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.

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.