Class-A Office Tower Above
For Lease
Contact for pricing
420 Lexington Ave, New York, NY 10170
31-story Class-A office building features 32-passenger elevators, Equinox fitness, and direct access via a passage to Grand Central Terminal.
Property Size1,077 SF
Days on Market637
Property Features for 420 Lexington Ave
General Information
Standard status
Active
Size
1,077 SF
Class
A
Property subtype
OFFICE
Amenities
Equinox fitness club
Building Details
Year Built
1927
Stories
31
Construction
Art Deco
Listing Agency:
SL Green Realty Corp - Corporate
(212) 216-1628
Listed By:
Larry Swiger
Source:
Moodyscre
Added: Nov 1, 2024
Changed: Jul 28
Last Checked: Jul 30 at 12:23PM
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 SL Green Realty Corp - Corporate
Investment Insights
Based on property information with market context.
420 Lexington Avenue, also known as the Graybar Building, is a 31-story Class-A office tower originally constructed in 1927 and recognized as an Art Deco landmark. The building is described as having large floor plates and 32-passenger elevator cabs designed to support efficient tenant movement. Tenant amenities include an on-site Equinox fitness club.
The property is directly above Grand Central Terminal and connects to the Terminal through the Graybar Passage, a Romanesque hall with vaulted ceilings and bronze chandeliers. The passage links Lexington Avenue with the Terminal’s Great Hall, and six Metro-North train platforms lead off from the Graybar Passage.
The offering includes a double-corner, build-to-suit opportunity with reasonable divisions considered for tenant configurations.
The property is directly above Grand Central Terminal and connects to the Terminal through the Graybar Passage, a Romanesque hall with vaulted ceilings and bronze chandeliers. The passage links Lexington Avenue with the Terminal’s Great Hall, and six Metro-North train platforms lead off from the Graybar Passage.
The offering includes a double-corner, build-to-suit opportunity with reasonable divisions considered for tenant configurations.
Key Highlights
- 31‑story, 1.5 million SF Class‑A office tower (Graybar Building) originally constructed in 1927
- Building has large floor plates and 32‑passenger elevator cabs for tenant movement
- On‑site Equinox fitness club available for tenants
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
85,433
Businesses Nearby
Explore this area
Business Placement
Demographics for 10170, NY
40
Population
5
Households
8
Avg Household Size
19
Median Age
Market
Lease Benchmarks for New York, NY
$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 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 building - 31-story Class-A office building features 32-passenger elevators, Equinox fitness, and direct access via a passage to Grand Central Terminal.
Where is this office building located?
The property is located at 420 Lexington Ave New York, NY.
What are key features of this property?
This property features: 31‑story, 1.5 million SF Class‑A office tower (Graybar Building) originally constructed in 1927; Building has large floor plates and 32‑passenger elevator cabs for tenant movement; On‑site Equinox fitness club available for tenants
