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Park Avenue Plaza

55 East 52nd Street, New York, NY, US
Floors
45
Total Size
1,200,000 sqft
Lot Size
0 acres
Year Constructed
1981
Year Renovated
0
Building Class
A
Number of Buildings
1

Features

Key Card Access
Freight Elevator

About Park Avenue Plaza

This stunning, Class A office tower is located at 55 E 52nd St., New York, NY. The building features 45 stories and approximately 1.2 million square feet of space. The tower was completed in 1981 and offers amazing amenities to potential tenants.

One of the building’s best features is its indoor public atrium lobby. Inside the lobby are lush planting beds complete with trees. The Through Block arcade public area is open daily from 8 a.m. to 10 p.m.

The area is lined with retail spaces reminiscent of European shops. A public cafe is a welcomed amenity for both visitors and tenants. The inviting lobby area also includes skylights and water features.

While the exterior and lobby are breathtaking, the office spaces within the tower are striking. This modern tower offers 12 corner offices on every floor and amazing views in every direction. The floors are column-free and feature 45-foot interior spans.

Park Avenue Plaza is conveniently located between Park and Madison Avenues, adding prestige and notoriety for tenants. Several mass transit options are within walking distance, including the 53rd at 5th subway station and the 51st St. station.

The building’s exterior features a magnificent green-tinted glass facade that reflects the surrounding buildings in its mirror-like surface. Sharp angles give the building a visually interesting geometric feel.

Companies at Park Avenue Plaza

McKinsey & Company
BlackRock Finance
Park Avenue Plaza Shopping Mall
The New York Palace Spa & Fitness Center Spa Gym Health

Internet Providers for Park Avenue Plaza

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Midtown East

Most listings are in the $80's per square foot per year. The Midtown East submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 7% decline in rent.

Compared to the rest of the New York City market, the Midtown East submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Midtown East $83
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Midtown East