Search
Office Building with Direct Grand Central Access
For Lease
Contact for pricing

420 Lexington Ave, New York, NY 10170

31-story Art Deco office tower with direct indoor connection to Grand Central Terminal via the Graybar Passage.

Property Size1,545 SF
Days on Market1280

Property Features for 420 Lexington Ave

General Information

Standard status Active
Size 1,545 SF
Class A
Elevators Yes
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

on-site Equinox fitness club
direct access to Grand Central Terminal

Building Details

Year Built 1927
Year Renovated 1988
Stories 31
Building Size 1,500,000 SF
Construction Art Deco
Listing Agency: SL Green Realty Corp - Corporate
Listed By: Larry Swiger
Source: Moodyscre
Added: Jan 27, 2023 Changed: Jul 30 Last Checked: Jul 30 at 12:06PM

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. The building was completed as part of the “Terminal City” master plan and was later designated an NYC Landmark in 2016. Interiors feature ornamental details including polychromed ceilings and decorative bronze and tilework.

The property connects seamlessly to Grand Central Terminal through the Graybar Passage, a Romanesque hall with vaulted ceilings and bronze chandeliers. A central nave includes a large mural by Edward Trumbull, and six Metro-North train platforms lead off from the Graybar Passage. Large floor plates and 32-passenger elevator cabs support tenant movement throughout the building.

Tenants have access to an on-site Equinox fitness club, and the building is presented in move-in condition.

Key Highlights

  • 31‑story Art Deco Graybar Building originally constructed in 1927
  • Direct connection to Grand Central Terminal via the Graybar Passage
  • Graybar Passage includes Romanesque vaulted ceilings and bronze chandeliers

Property Analytics

Current Use

Law Debenture Business To Business Service Silverman & Sardar LLP Law Firm Younkins & Schecter LLP Law Firm Klein Richard S Law Firm Sternberg Law Firm, ... Law Firm

Suggested Use

Top Pick Pet Grooming Service Butcher Nursing Home Auto Parts Store Buffet Locksmith

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

Location Intelligence

Trade Area within ½ mile

85,433
Businesses Nearby

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 31-story Art Deco office tower with direct indoor connection to Grand Central Terminal via the Graybar Passage.
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 Art Deco Graybar Building originally constructed in 1927; Direct connection to Grand Central Terminal via the Graybar Passage; Graybar Passage includes Romanesque vaulted ceilings and bronze chandeliers
(212) 216-1628 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message