Direct-Access Office
For Lease
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420 Lexington Ave, New York, NY 10170
Class-A office tower with direct access to Grand Central Terminal and tenant-controlled HVAC.
Property Size2,839 SF
Days on Market112
Property Features for 420 Lexington Ave
General Information
Standard status
Active
Size
2,839 SF
Class
A
Property subtype
OFFICE
Amenities
fitness center
direct access to Grand Central Terminal
tenant-controlled HVAC
operable windows
Building Details
Year Built
1927
Stories
31
Construction
Art Deco
Listing Agency:
SL Green Realty Corp - Corporate
(212) 216-1628
Listed By:
Larry Swiger
Source:
Moodyscre
Added: Apr 10
Changed: Jul 28
Last Checked: Jul 29 at 3:22PM
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, also known as the Graybar Building, is a 31-story Class-A office tower completed in 1927 and restored as a designated NYC Landmark. The building is notable for its large floor plates and 32-passenger elevator cabs designed to support efficient tenant movement. Tenant-controlled HVAC and operable windows are available, along with an on-site Equinox fitness club.
The building provides direct access to Grand Central Terminal via the Graybar Passage, connecting Lexington Avenue with the Terminal’s Great Hall. Six Metro-North train platforms lead off from the Graybar Passage, positioning the property as integrated with daily commuting.
The building also offers architectural and interior details reflecting its Art Deco design, including ornate entrances and decorative interior finishes described in the building’s public remarks. Leasing features include tenant-controlled climate systems and building amenities on site.
The building provides direct access to Grand Central Terminal via the Graybar Passage, connecting Lexington Avenue with the Terminal’s Great Hall. Six Metro-North train platforms lead off from the Graybar Passage, positioning the property as integrated with daily commuting.
The building also offers architectural and interior details reflecting its Art Deco design, including ornate entrances and decorative interior finishes described in the building’s public remarks. Leasing features include tenant-controlled climate systems and building amenities on site.
Key Highlights
- 31‑story, 1.5 million SF Class‑A office tower at 420 Lexington Avenue (Graybar Building)
- Direct access to Grand Central Terminal via the Graybar Passage connecting Lexington Avenue to the Terminal’s Great Hall
- Tenant‑controlled HVAC plus operable windows
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 - Class-A office tower with direct access to Grand Central Terminal and tenant-controlled HVAC.
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, 1.5 million SF Class‑A office tower at 420 Lexington Avenue (Graybar Building); Direct access to Grand Central Terminal via the Graybar Passage connecting Lexington Avenue to the Terminal’s Great Hall; Tenant‑controlled HVAC plus operable windows
