Facts & Features: 470 Park Avenue South
Location
470 Park Avenue South is an attractive pre-war office building located at the dynamic boundary of Midtown's corporate hub and the perennially progressive Midtown South. The property's imposing street presence creates a highly brandable office destination located within easy walking distance of all of Manhattan's transportation hubs.
The property's "two tower" design creates a variety of flexible occupancy configurations, providing modern, efficient and affordable boutique office space for the neighborhood's exceptionally diverse community of commercial tenants.
..."two tower" design creates flexible occupancy.
Features
- Classic architecture with "two tower" design
- New marble lobby with state-of-the-art security and 24 hour card key
access
- Broad extra height windows with 11 foot plus ceiling heights
- Walking distance to major transportation hubs; #6 train subway station directly adjacent to building
- Fully sprinklered building
- Lobby staffed 24/7 365 days a year
- Triple light and view exposure
- Neighborhood includes some of the city's best restaurants
470 Park Avenue South at a glance
| LOCATION: |
Entire blockfront between 31st & 32nd Streets |
| OWNER: |
Teachers Insurance and Annuity Association of America for the Benefit of its Separate Real Estate Account |
| MANAGER: |
JRT Realty Group, Inc. |
| YEAR BUILT: |
1912 |
| BUILDING AREA: |
292,061 Rentable Square Feet |
| HEIGHT: |
12 Floors in the North Tower and 17 floors plus a penthouse in the South Tower |
| CONSTRUCTION: |
Concrete encased structural steel framing system with poured in-place concrete slabs. Upper level exterior walls are primarily brick masonry with terra-cotta statements. The base of the building consists of a combination of finishes including polished granite, sandstone and terra-cotta |
| TYPICAL FLOOR LOAD: |
100 - 120 ppsf |
| HVAC: |
Tenant spaces are cooled by tenant-controlled air-cooled package units that are electric powered. The Property makes it s own steam via an oil-fired boiler in the sub-basement. Steam is distributed through the South Tower by one-pipe steam and through the North Tower by two-pipe steam. |
| CEILING HEIGHT: |
11'1" slab-to-slab. The reception area on the 12th floor of the North Tower features a skylight that measures 13' |
| FLOOR SIZES: |
Approximately 10,000 square feet in each tower. Floor plates in each tower can be combined to offer almost 20,000 square feet of contigous space |
| SECURITY: |
Security is augmented by a fully attended lobby staffed at all hours as well as CCTV surveillance which covers the lobby, elevators and the freight areas. The building has implemented a Photo ID swipe card system, issued to tenants through Classic Security. |
| FIRE SAFETY: |
The building is fully sprinklered and features a Class E system manufactured by Firecom. The fire control system is located in the lobby. Each floor contains manual pull fire warden stations and there are speakers and strobe lights located throughout the property. |
| ELECTRICAL: |
6,000 amp (South Tower) and 3,000 amp (North Tower), three phase 208 volt service. Each floor receives an average of 400 amps and many of the tenants are directly metered. |
| ELEVATORS: |
Three North Tower passenger elevators are Armor manufactured and overhead geared featuring O'Thompson Microflite controllers with SCR motor drives.
Three South Tower passenger elevators are Otis manufactured and overhead geared featuring Swift Futura controllers with SCR motor drives.
The North and South passenger elevators were last renovated in 2000 and 1996 respecitively.
The North and South freight elevators, manufactured by Otis and Absee respectively, utilize DC electrical power.
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| RETAIL: |
Chipotle Grill, Capital One Bank and Eneslow |