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Architecturally Significant Office with Amenities
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155 East 44th Street, New York, NY 10017

Office space with lounge, terrace, and conference facility near Grand Central.

Space SizeContact for details
Days on Market273

Property Features for 155 East 44th Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Midtown Manhattan
Listed By: Conor Kenny
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 10 Last Checked: Aug 22 at 8:29AM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This architecturally significant office property, located near Grand Central Terminal, features a lounge designed for employee collaboration and relaxation. Adjacent to the lounge is a 36-seat conference facility suitable for large meetings and video conferencing. The property also includes a landscaped terrace, offering an open-air space for lunch or outdoor meetings. The terrace can be reserved for outdoor meetings, conferences, and private events, with seating arrangements available to accommodate various gathering types. The building underwent $45 million in upgrades, including relocation of the entryway with a lobby, and the addition of a 5,000 square-foot lounge with a 2,500 square-foot landscaped terrace, cafe, and conference facility on the seventh floor. The redesign incorporates warm walnut wood, concrete, brushed brass, and velvet. Originally constructed in 1931 and designed by Ely Jacques Kahn, the building is located near East 44th Street and Third Avenue. Kahn's other notable works include Bergdorf Goodman's Fifth Avenue department store, and collaborations with Ludwig Mies van der Rohe and Philip Johnson on the Seagram Building. The property offers a total size of 82,434 square feet.

Key Highlights

  • Prime location neighboring Grand Central Terminal.
  • $45M in recent upgrades and renovations.
  • Enjoy a 5,000 sq ft lounge with a 2,500 sq ft landscaped terrace.

Property Analytics

Current Use

Food Market LLC Department Store Ivy Terrace Hotel & Motel Weidenbaum & Harari LLC Law Firm Freiberger Haber LLP Law Firm I Love My ... Accounting Firm

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion 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

70,743
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$65.36 /SF/Yr
Avg Asking Price
$37–$165 /SF/Yr
Price Range
40,991 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 building - Office space with lounge, terrace, and conference facility near Grand Central.
Where is this office building located?
The property is located at 155 East 44th Street New York, NY.
What are key features of this property?
This property features: Prime location neighboring Grand Central Terminal.; $45M in recent upgrades and renovations.; Enjoy a **5,000 sq ft lounge with a 2,500 sq ft landscaped terrace**.
More about this property
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