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For Sale
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage
80 Park Avenue - Garage

80 Park Avenue - Garage

80 Park Ave, New York, NY 10016

$6,500,000

  • 0 BEDROOMS
  • 20,210 Sq.Ft.

Property Description

SERHANT. has been exclusively retained to represent the parking garage at 80 Park Avenue for sale.

This is a rare opportunity to acquire a 20,210-square-foot, 110-space commercial parking condominium in one of Midtown Manhattan’s most high-traffic and supply-constrained submarkets. Located in the heart of the Grand Central District, the garage spans two subterranean levels beneath a full-block residential development and features direct street-level access along Park Avenue.

Currently 100% owner-occupied, the property offers immediate upside through lease-up or operator repositioning. It is ideally situated to serve the consistent demand generated by nearby Class A office towers, high-density residential buildings, major transit hubs, and internationally renowned landmarks like Bryant Park and the New York Public Library.

With no long-term operator contracts or encumbrances in place, this asset is ready for transformation. Whether implemented through an experienced parking operator or retained for owner-use, a tailored leasing strategy can unlock significant value via NOI optimization and operational efficiency.

Steps from Grand Central Terminal—with its extensive subway and regional rail connections—and surrounded by premier hotels and amenities, 80 Park Avenue presents a durable investment with stable fundamentals and long-term growth potential. It is an institutional-grade infrastructure asset positioned at the nexus of New York City’s business, cultural, and residential cores.

Overview

Property Type
Commercial
Location
80 Park Ave, New York, NY 10016
Listing Last Updated

Property Features & Amenities

Interior

Exterior

Details

Neighborhood
Murray Hill & Kips Bay

Financial

Price
$6,500,000

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Exclusive Listing Agents

Bernadette Brennan

Licensed Associate Real Estate Broker | Executive Director | SERHANT. Commercial NYC

(917) 482-5959

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    The Neighborhood

    Murray Hill & Kips Bay

    Murray Hill & Kips Bay are quiet residential areas characterized by a mix of townhouses and apartment buildings popular with young professionals and college students.

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    Bernadette Brennan
    Bernadette Brennan
    Licensed Associate Real Estate Broker | Executive Director | SERHANT. Commercial NYC
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