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387 Park Ave S
New York, NY 10016
Office Property For Lease · 19,269 SF

Highlights

  • Renovated historic building with dual lobbies and modern infrastructure
  • Landscaped roof terrace and bookable event spaces
  • Steps from Madison Square Park and major subway lines
  • Surrounded by top-tier dining, hotels, and fitness amenities

Property Overview

387 Park Avenue South is a 230,000 square foot office and retail building located on the northeast corner of Park Avenue South and East 27th Street, situated conveniently between Union Square and Grand Central Terminal. The building features two lobbies, one on Park Avenue South and the other on 27th Street, and floor plates of almost 20,000 square feet. In 2017, TF Cornerstone completed a $20+ million renovation to the lobbies, mechanical systems, and facade. Designed by renowned architectural firm Moed de Armas & Shannon Architects, the upgrades include all new elevators and mechanicals throughout the building, as well as a private, state-of-the-art roof deck with a spacious, 1,700 square-foot glass skybox conference facility. Tenants on the first two office floors can now enjoy the all-glass faade that wraps around the first three floors of the building. Retail tenants benefit from extensive foot traffic and a presence in one of the only true live, work, play neighborhoods in the city.

  • Property Manager on Site
  • Energy Star Labeled

Property Facts

Building Type
Office
Year Built/Renovated
1910/2017
Building Height
12 Stories
Building Size
230,000 SF
Building Class
B
Typical Floor Size
16,457 SF
Unfinished Ceiling Height
11’
Parking
Surface Parking
Surface Tandem Parking
Covered Parking
Covered Tandem Parking
Reserved Parking
  • Listing ID: 37336983

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 387 Park Ave S, New York, NY 10016

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