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Class A Office Tower ForRent
For Lease
$63 SF/Yr

622 3rd Avenue, New York, NY 10017

39-story Class A office tower near Grand Central Terminal.

Space SizeContact for details
Property Size986,431 SF
Days on Market189

Property Features for 622 3rd Avenue

General Information

Standard status Active
Size 986,431 SF
Property subtype Office

Building Details

Year Built 1974
Listing Agency: Bradford Allen - Corporate
Listed By: Glenn Isaacson
Source: Tcnworldwide
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 4 at 4:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradford Allen - Corporate

Investment Insights

Based on property information with market context.

622 Third Avenue is a 39-story Class A office tower designed by Emery Roth & Sons. The building features an updated and spacious lobby with recently renovated elevator cabs. A large roof deck is available for all tenants. The lobby is attended 24/7. The property is located in the East Town East Office Market, steps from Grand Central Terminal and in close proximity to all major public transportation. The property has a size of 986431 square feet.

Key Highlights

  • Prime Location: Steps from Grand Central Terminal and in the heart of the East Town East Office Market.
  • Class A Office Tower: Prestigious building designed by Emery Roth & Sons.
  • 24/7 Lobby Attendant: Enhanced security and convenience.

Property Analytics

Current Use

Noor Staffing Group ... Employment Agency Michael Page Employment Agency The TemPositions Group of Companies Employment Agency Brand Brand Nomberg ... Law Firm Farrell Fritz, P.C. Law Firm

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$9.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

79,335
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
34,730 SF
Avg Space Size

This space is priced 2% below the average of $64.2 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 39-story Class A office tower near Grand Central Terminal.
Where is this office building located?
The property is located at 622 3rd Avenue New York, NY.
What is the lease rate?
The lease rate is $63 SF/Yr.
What are key features of this property?
This property features: Prime Location: Steps from Grand Central Terminal and in the heart of the East Town East Office Market.; Class A Office Tower: Prestigious building designed by Emery Roth & Sons.; 24/7 Lobby Attendant: Enhanced security and convenience.
More about this property
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