Turnkey Office Floor with
For Lease
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575 Lexington Ave, New York, NY 10022
Demised office floor currently demolished, with landlord turnkey options and access to a 14th-floor amenity space.
Property Size35,865 SF
Days on Market1255
Property Features for 575 Lexington Ave
General Information
Standard status
Active
Size
35,865 SF
Class
A
Property subtype
OFFICE
Amenities
terrace
lounge
coffee bar
Building Details
Stories
35
Tenancy
Multi
Listing Agency:
George Comfort & Sons, Inc.
(212) 542-2116
Listed By:
Neil King
(212) 984-8352
Source:
Moodyscre
Added: Feb 21, 2023
Changed: Jul 26
Last Checked: Jul 30 at 1:54PM
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 George Comfort & Sons, Inc.
Investment Insights
Based on property information with market context.
This is a Class A office building offering flexible floor plates suitable for a range of tenancy sizes, with suites sized from 8,600 to 41,410 RSF. The floor currently is demolished, and the landlord will provide turnkey delivery or a tenant improvement (TI) allowance. A submitted plan is described as a test-fit and may change.
The building is located at 575 Lexington Avenue between 51st and 52nd Street in Midtown Manhattan’s Plaza District. Tenant access to the E, M, and 6 subway lines is available at the Lexington and 51st Street station just outside the entrance. The property is also described as being approximately seven blocks from Grand Central Terminal, with access via the Grand Central North passage entrance.
Tenants have access to the 14th-floor amenity space, which includes a terrace, lounge, and coffee bar, and there is also noted opportunity for a full-floor arrangement.
The building is located at 575 Lexington Avenue between 51st and 52nd Street in Midtown Manhattan’s Plaza District. Tenant access to the E, M, and 6 subway lines is available at the Lexington and 51st Street station just outside the entrance. The property is also described as being approximately seven blocks from Grand Central Terminal, with access via the Grand Central North passage entrance.
Tenants have access to the 14th-floor amenity space, which includes a terrace, lounge, and coffee bar, and there is also noted opportunity for a full-floor arrangement.
Key Highlights
- 35‑story, 745,487 SF Class‑A office building in Midtown Manhattan’s Plaza District
- Flexible floor plates from 8,600 to 41,410 RSF for leasing big blocks or smaller suites
- Access via the Lexington Ave & 51st St station with E, M, and 6 subway service just outside the entrance
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
68,223
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Market
Lease Benchmarks for New York, NY
$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Demised office floor currently demolished, with landlord turnkey options and access to a 14th-floor amenity space.
Where is this office units located?
The property is located at 575 Lexington Ave New York, NY.
What are key features of this property?
This property features: 35‑story, 745,487 SF Class‑A office building in Midtown Manhattan’s Plaza District; Flexible floor plates from 8,600 to 41,410 RSF for leasing big blocks or smaller suites; Access via the Lexington Ave & 51st St station with E, M, and 6 subway service just outside the entrance