Full Floor Sublease Opportunity at 390 Park Avenue – The Lever House

The Best Deal for Trophy Office Space in New York City

The Lever House, also known as 390 Park Avenue, is one of the most iconic office buildings in New York City.  With its world renowned architecture, elite tenant roster and convenient location, it has attracted some of the most notable hedge funds and financial services firms in the world- including Third Point, Alcoa, Jaguar Growth Partners, Sanders Capital and Axonic Capital.  As an added bonus, the asset is also owner occupied by Aby Rosen and his real estate firm, RFR, which rewards the building’s tenant base with his insane collection of artwork on constant rotation.

390 Park Avenue

Though direct availabilities in this trophy Plaza District office building typically trade in the mid-high $100’s per square foot, there is a unique opportunity to sublease BEAUTIFUL space with existing infrastructure in place at a substantial discount-  nearly half the amount of what ownership is asking on a direct basis.

Measuring 10,726 rentable square feet, the entire 9^th floor was recently built to an extremely high standard with a mixture of open offices, private offices, and open support areas utilizing a tremendous amount high quality materials, such as wood and glass (click here for a floorplan).  Available for possession immediately, the floor can come entirely furnished and wired (including AV equipment), making it perfect for any value-focused early stage or established company.  With a short term (through June 30, 2020) and an asking rent of ONLY $79 psf, it offers flexibility and incredible value for an incoming hedge fund or financial firm.

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390 Park Avenue – Entire 9th Floor

390 Park Avenue – Entire 9th Floor