Office Building with Direct Grand Central
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
(212) 216-1628
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.
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
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 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