Furnished Office Space with Elevator
For Lease
Contact for pricing
420 Lexington Ave, New York, NY 10170
Furnished, move-in office space directly off elevators with five windowed offices, plus conference room, pantry, and bullpen.
Property Size1,344 SF
Days on Market511
Property Features for 420 Lexington Ave
General Information
Standard status
Active
Size
1,344 SF
Class
A
Elevators
Yes
Property subtype
OFFICE
Lease Type
SF/yr
Space & Availability
Space Use
Office
Condition
Move-in Ready
Private Offices
5
Meeting Rooms
1
Furnished
Yes
Additional Details
Public Transit
Yes
Amenities
Equinox fitness club
direct access to Grand Central Terminal
Building Details
Year Built
1927
Stories
31
Building Size
1,500,000 SF
Listing Agency:
SL Green Realty Corp - Corporate
(212) 216-1628
Listed By:
Larry Swiger
Source:
Moodyscre
Added: Mar 6, 2025
Changed: Jul 30
Last Checked: Jul 30 at 4:55AM
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 is a 31-story Art Deco office tower known as the Graybar Building, originally constructed in 1927 by Sloan & Robertson. The building operates as an integral part of Grand Central Terminal through the Graybar Passage, a Romanesque hall with vaulted ceilings and bronze chandeliers connecting Lexington Avenue to the Terminal’s Great Hall, with six Metro-North train platforms leading off from the Passage.
Tenants also have on-site access to an Equinox fitness club and direct connectivity to Grand Central Terminal. The building received official NYC Landmark status in 2016.
This available office space is furnished and in move-in condition, located directly off the elevators. The suite includes five windowed offices, a conference room, pantry, and bullpen area, designed to support day-to-day office operations.
Original building details include the Graybar Electric Company’s corporate headquarters tenure from 1927 to 1982 and a major restoration initiated by SL Green following acquisition of a long-term operating lease in 1988.
Tenants also have on-site access to an Equinox fitness club and direct connectivity to Grand Central Terminal. The building received official NYC Landmark status in 2016.
This available office space is furnished and in move-in condition, located directly off the elevators. The suite includes five windowed offices, a conference room, pantry, and bullpen area, designed to support day-to-day office operations.
Original building details include the Graybar Electric Company’s corporate headquarters tenure from 1927 to 1982 and a major restoration initiated by SL Green following acquisition of a long-term operating lease in 1988.
Key Highlights
- Furnished, move‑in condition office space directly off elevators
- Five windowed offices plus conference room, pantry, and bullpen
- Graybar Passage connects Lexington Avenue to Grand Central Terminal Great Hall
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$10.80 /SF/Yr
CAM
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
$52.42 /SF/Yr
Avg Asking Price
$4.17–$240 /SF/Yr
Price Range
5,627 SF
Avg Space Size
This space is priced 37% above the average of $52.42 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Furnished, move-in office space directly off elevators with five windowed offices, plus conference room, pantry, and bullpen.
Where is this office units located?
The property is located at 420 Lexington Ave New York, NY.
What is the lease rate?
The lease rate is $72 SF/Yr.
What are key features of this property?
This property features: Furnished, move‑in condition office space directly off elevators; Five windowed offices plus conference room, pantry, and bullpen; Graybar Passage connects Lexington Avenue to Grand Central Terminal Great Hall