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Corner Office Unit
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420 Lexington Ave, New York, NY 10170

Double-corner office space with Lexington Avenue exposure and direct access to Grand Central Terminal.

Space SizeContact for details
Property Size1,500,000 SF
Days on Market517

Property Features for 420 Lexington Ave

General Information

Standard status Active
Size 1,500,000 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
Stories 31
Building Size 1,500,000 SF
Listing Agency: SL Green Realty Corp - Corporate
Listed By: Larry Swiger
Source: Moodyscre
Added: Mar 6, 2025 Changed: Jul 31 Last Checked: Aug 4 at 5:35AM

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.

This double-corner office unit is located within 420 Lexington Avenue, a 31-story, 1.5 million-square-foot office tower completed in 1927. The property offers large floor plates, 32-passenger elevator cabs, and architectural details associated with its Art Deco design, including ornamental bronze work, mosaics, polychromed ceilings, and a vaulted Graybar Passage.

The building is directly above Grand Central Terminal and connects to the terminal through the Graybar Passage, which leads to the Great Hall and six Metro-North train platforms. The property also includes an on-site Equinox fitness club and overlooks Lexington Avenue. Known as the Graybar Building, 420 Lexington Avenue was designated an official NYC Landmark in 2016.

Key Highlights

  • 2,081‑square‑foot office unit
  • Double corner unit overlooking Lexington Avenue
  • 420 Lexington Ave, New York, NY 10170

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

$47.13 /SF/Yr
Avg Asking Price
$4.17–$109 /SF/Yr
Price Range
11,202 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
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Frequently Asked Questions

What type of property is this?
Office units - Double-corner office space with Lexington Avenue exposure and direct access to Grand Central Terminal.
Where is this office units located?
The property is located at 420 Lexington Ave New York, NY.
What are key features of this property?
This property features: 2,081‑square‑foot office unit; Double corner unit overlooking Lexington Avenue; 420 Lexington Ave, New York, NY 10170
(212) 216-1628 Call to check price and availability
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