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120 PARK 120 Park Ave 24,789 - 49,676 SF of 4-Star Office Space Available in New York, NY 10017

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HIGHLIGHTS

  • Prestigious Park Avenue address steps from Grand Central Terminal, with convenient access to transit, nearby dining, retail and hotels.
  • Oversized 8' x 8' triple-pane windows and open-air loggia flood interiors with daylight and offer striking city views.
  • Brand-new restrooms with showers, upgraded finishes, and upcoming elevator modernization.
  • Approximately 50,000 RSF across the 5th and 6th floors, with efficient 25,000 SF floorplates to fit a variety of workplace styles.
  • Opportunity for custom amenities, access to executive parking as well as use of nearby amenities at 99 Park Avenue.

ALL AVAILABLE SPACES(2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 5th Floor
  • 24,789 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • 30 Days

• 50,000 RSF duplex on the 5th and 6th floors – 24,789 RSF each – with new 8’ x 8’ windows and 12’3” ceiling heights • Private 2-story loggia • The ability to lease and curate the mezzanine space for private conferencing, lounge or fitness uses • 2 parking spots in the executive garage. • Adjacency to Grand Central Terminal and the MTA, LIRR and NYC subways • Pershing Square Pedestrian Plaza at the Building’s entrance– a permanent pedestrian park with seating and curated public art/concert events

  • Partially Built-Out as Standard Office
  • Fits 62 - 199 People
  • Space is in Excellent Condition
  • 12’3” ceiling heights throughout
  • Two reserved parking spaces
  • Mostly Open Floor Plan Layout
  • Finished Ceilings: 12’3”
  • Can be combined with additional space(s) for up to 49,676 SF of adjacent space
  • Direct access to Grand Central Terminal
  • 6th Floor
  • 24,887 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • 30 Days

• 50,000 RSF duplex on the 5th and 6th floors – 24,789 RSF each – with new 8’ x 8’ windows and 12’3” ceiling heights • Private 2-story loggia • The ability to lease and curate the mezzanine space for private conferencing, lounge or fitness uses • 2 parking spots in the executive garage. • Adjacency to Grand Central Terminal and the MTA, LIRR and NYC subways • Pershing Square Pedestrian Plaza at the Building’s entrance– a permanent pedestrian park with seating and curated public art/concert events

  • Partially Built-Out as Standard Office
  • Fits 62 - 199 People
  • Space is in Excellent Condition
  • 12’3” ceiling heights throughout
  • Two reserved parking spaces
  • Open Floor Plan Layout
  • Finished Ceilings: 12’3”
  • Can be combined with additional space(s) for up to 49,676 SF of adjacent space
  • Direct access to Grand Central Terminal
Space Size Term Rental Rate Space Use Condition Available
5th Floor 24,789 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out 30 Days
6th Floor 24,887 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out 30 Days

5th Floor

Size
24,789 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

6th Floor

Size
24,887 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

5th Floor

Size 24,789 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available 30 Days

• 50,000 RSF duplex on the 5th and 6th floors – 24,789 RSF each – with new 8’ x 8’ windows and 12’3” ceiling heights • Private 2-story loggia • The ability to lease and curate the mezzanine space for private conferencing, lounge or fitness uses • 2 parking spots in the executive garage. • Adjacency to Grand Central Terminal and the MTA, LIRR and NYC subways • Pershing Square Pedestrian Plaza at the Building’s entrance– a permanent pedestrian park with seating and curated public art/concert events

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 62 - 199 People
  • Finished Ceilings: 12’3”
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 49,676 SF of adjacent space
  • 12’3” ceiling heights throughout
  • Direct access to Grand Central Terminal
  • Two reserved parking spaces

6th Floor

Size 24,887 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available 30 Days

• 50,000 RSF duplex on the 5th and 6th floors – 24,789 RSF each – with new 8’ x 8’ windows and 12’3” ceiling heights • Private 2-story loggia • The ability to lease and curate the mezzanine space for private conferencing, lounge or fitness uses • 2 parking spots in the executive garage. • Adjacency to Grand Central Terminal and the MTA, LIRR and NYC subways • Pershing Square Pedestrian Plaza at the Building’s entrance– a permanent pedestrian park with seating and curated public art/concert events

  • Partially Built-Out as Standard Office
  • Open Floor Plan Layout
  • Fits 62 - 199 People
  • Finished Ceilings: 12’3”
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 49,676 SF of adjacent space
  • 12’3” ceiling heights throughout
  • Direct access to Grand Central Terminal
  • Two reserved parking spaces

MATTERPORT 3D TOURS

5th Floor

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PROPERTY OVERVIEW

120 Park Avenue presents a rare opportunity to lease up to 50,000 SF of newly renovated space in a premier Park Avenue building steps from Grand Central Terminal. The 5th and 6th floors feature expansive, light-filled floorplates with oversized 8' x 8' triple-pane windows, high-end restrooms with showers, and a private open-air loggia overlooking Grand Central. Tenants can enjoy exclusive perks such as access to 99 Park Avenue amenities, executive parking, and the option for a private fitness center. With a welcoming two-story lobby, upcoming elevator modernization, and a vibrant neighborhood filled with dining, retail, and transit connections, 120 Park combines modern infrastructure, exceptional access, and a prestigious address to elevate any business.

  • Atrium
  • Bus Line
  • Food Service
  • Metro/Subway
  • Property Manager on Site
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY FACTS

Building Type
Office
Year Built
1981
LoopNet Rating
4 Star
Building Height
26 Stories
Building Size
643,000 SF
Building Class
A
Typical Floor Size
20,418 SF
Unfinished Ceiling Height
12’
Parking
18 Covered Parking Spaces

SELECT TENANTS

  • Bloomberg
  • International business and financial insight company headquartered in New York, founded in 1981.
  • Lifting Grace International Foundation
  • A vibrant Christian school nurturing unique learners to grow academically and socially.
  • Midcap Financial
  • Specialty finance firm providing senior debt solutions.

MARKETING BROCHURE

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

ABOUT GRAND CENTRAL

The Grand Central neighborhood is considered one of the most prominent office locations in the world. The area is home to iconic office properties like the Chrysler Building and historic landmarks such as Grand Central Terminal, which connects Manhattan to suburban enclaves in Westchester County and Connecticut. A central location, high connectivity, and a plethora of quality office buildings draw consistent demand to the area.

The passing of the Midtown East Rezoning plan is helping shape the future of Grand Central. While Grand Central is already home to historic office properties, the new rezoning initiative will now allow developers to purchase air rights of adjacent landmarked buildings so they can build taller and more modern office towers. One Vanderbilt is the first project to take advantage of the rezoning effort and now stands as the tallest building in Midtown.

With the new projects set to deliver, easy transit access for rail and subway commuters, and a short distance from Bryant Park, the Grand Central area should continue to capture tenant interest moving forward.

LEASING TEAM

LEASING TEAM

Diana Biasotti, Senior Vice President, Brokerage
Diana L. Biasotti is a seasoned agency leasing specialist with a history of successful property positioning, implementing comprehensive marketing campaigns, negotiating complex leases, supervising leasing and management personnel, creating customized analyses and reporting for each client.

From 2003 to 2010, Ms. Biasotti served as the lead broker/asset manager of Cushman & Wakefield's Strategic Agency Services Group for the New York Metro Region where she focused on property positioning and leasing strategy.  Her portfolio included over 10 million square feet for many of the region's most recognizable landlords including Beacon Capital Partners, The Blackstone Group, Eastgate Realty Corp., LeFrak Organization, MetLife, New York Life, SL Green Realty Corp., Stawski Partners, Vornado Realty Trust and the Trump Organization.  During her tenure, she was the recipient of the firm's "Building of the Year" award 4 times.

Prior to joining C&W, Ms. Biasotti spent more than 13 years at Tishman Speyer Properties. Her various roles encompassed building management, international commercial and residential development, corporate strategy and marketing and commercial leasing. From 1994 to 2002, her 12 million sf portfolio consisted of various properties in New York, including the Chrysler Center, Rockefeller Center, 620/1290/1301 Avenue of the Americas, 237 Park Avenue and 520 Madison Avenue as well as facilities in Virginia. As an established office brokerage professional, she showed versatility by also conducting a majority of the retail transactions in Tishman Speyer's New York portfolio.

Complementing Ms. Biasotti's extensive transaction experience is her thorough understanding of strategic planning and corporate infrastructure and communication. Throughout her tenure, she enhanced individual properties by directing many highly regarded marketing campaigns and brokerage community events. Following the reorganization of Rockefeller Center's ownership in 2002, Ms. Biasotti not only ensured the success of the leasing process but also coordinated the management strategy to better meet the overall goals of the new ownership.
Benjamin Bass, Vice Chairman, New York Brokerage
Benjamin Bass is the youngest Vice Chairman in JLL's national brokerage division, where he has established himself as a powerhouse in both landlord and tenant representation services. With a proven track record of closing high-profile deals and a keen understanding of the New York real estate market, Ben has become an invaluable asset to clients navigating complex transactions.  He bases his practice on cultivating exclusive and long-term relationships, and is recognized as a trustworthy and honest advocate for the companies he works with.

Benjamin is the current board chair of the Next Generation leadership board for the United States Holocaust Memorial Museum, an organization he has been actively involved with since 2015. He was also elected to JLL’s Leadership Counsel Advisory Board for a three-year program to help drive the mission of JLL’s leadership board in the local New York market.

In 2013, Benjamin was selected by The Commercial Observer as one of New York’s 30 Under 30 in recognition of his position as a rising star in commercial real estate. He was a runner-up for the Real Estate Board of New York’s 2013 and 2014 Rookie of the Year Award. He has also been named a CoStar Power Broker several years throughout his career.
Paul Glickman, Vice Chairman
Paul N. Glickman is a Vice Chairman and International Director in JLL's New York office. He is also a member of the firm's Executive Management Committee for the New York Tri-State Region. Paul is a highly-accomplished broker who is skilled in both tenant and owner representation. For his tenant advisory clients, he provides strategic planning services that fulfill their business objectives and create long-term value and success. For building owners, he develops and executes targeted marketing and repositioning strategies that help identify and secure credit tenants to increase asset value. Beyond Paul's focus on the Tri-state Region, he serves a number of national and global clients through JLL's international platform. He joined JLL in 2011 and is co-leader of a 20-member brokerage team. Over the course of his 30-year career, Paul has developed and maintained relationships with an impressive array of clients, including some of the nation's leading financial service corporations, law firms, publishing organizations, technology firms, not for profits and entertainment companies such as Citigroup Inc., AXA Client Services/Equitable Life Assurance Society, MetLife Inc., New York Life Insurance Company, Philips Electronics North America, Inc., Big Brothers Big Sisters of NYC and the United Nations Development Corporation. Paul has also represented owners in over 23 million s.f. of transactions. Some of his agency clients include Brookfield Properties, Edward J. Minskoff Equities, Silverstein Properties, SJP Properties, S.L. Green Realty Corp., Stawski Partners and Eastgate Realty. Paul has been instrumental in negotiating many of Manhattan's largest and most complex leasing transactions, including 15 of Crain's New York Business's "Top 50" transactions over the past five years. He won The Real Estate Board of New York's Henry Hart Rice Award for the Most Ingenious Deal of the Year in 2008. This award recognized his creativity and management of Ogilvy & Mather's 560,000-s.f. lease at 636 Eleventh Avenue, which was considered a pioneering transaction in a non-traditional office market when it was signed. In 2009, Paul brokered the second-largest lease in Manhattan: New York Life Insurance Company's 415,000-s.f. renewal at 63 Madison Avenue, while in 2011, he arranged Bloomberg LLP's 420,000-s.f. lease at 120 Park Avenue. Prior to joining JLL, Paul was among the top 30 producing brokers worldwide for nine consecutive years at Cushman & Wakefield and top 10 brokers worldwide for three consecutive years. He was a three-time recipient of the firm's New York-area "Strategic Agency Services Award" for the successful lease-up of 360 Madison Avenue, 505 Fifth Avenue, and Grand Central Square (485 Lexington Avenue/750 Third Avenue).
  • Listing ID: 37591636

  • Date on Market: 9/8/2025

  • Last Updated:

  • Address: 120 Park Ave, New York, NY 10017

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