444 Park Ave South
New York, NY 10016
Mondrian Park Avenue Hotel · Property For Lease · 111,394 SF

Three venues for lease at the Mondrian Park Avenue South hotel: Cleo restaurant, contiguous Boogie Room club on the lower level and the 17th floor Mondrian Terrace; all three venues delivered in turn-key condition, including fully-fixtured gourmet kitchen with no key money; over $8 mil invested in improvements. Many monetizable, activatable and levaragable amenities including: outdoor cafe seating on East 30th Street; private alleyway for additional seating and activation; separate entrances to each venue; and bathrooms in the hotel common areas. Cleo restaurant is 3,500 sf of ground floor space plus a fully built gourmet kitchen of 1,500 sf on the lower level; dumb waiters and service elevators; cafe seating. Boogie Room is 1,500 square feet on the lower level with full liquor service; recently renovated with a new sound system; separate entrance from East 30th Street; occupancy of 99. Mondrian Terrace (7,300 sf) occupies the entire 17th floor; catering kitchen; four season terrace enclosure; full liquor service; conference/media room; separate entrance from alleyway. Hotel: 190 rooms; $350 ADR; Conde Nast rated as Top NYC hotel; 88%+ occupancy; interiors by Philippe Starck; non-union. Market: NoMad, Garmercy, Midtown South, Flatiron, Madison Square Park, Silicon Alley; 7 days a week, breakfast, lunch, dinner, late night.