Office Building with Direct Grand Central
For Lease
Contact for pricing
420 Lexington Ave, New York, NY 10170
Art Deco office tower with large floor plates, 32-passenger elevators, and direct connections to Grand Central Terminal via the Graybar Passage.
Property Size10,210 SF
Days on Market282
Property Features for 420 Lexington Ave
General Information
Standard status
Active
Size
10,210 SF
Property subtype
OFFICE
Amenities
on-site Equinox fitness club
direct access to Grand Central Terminal
Graybar Passage
32-passenger elevator cabs
Building Details
Year Built
1927
Stories
31
Building Size
1,500,000 SF
Construction
Art Deco
Tenancy
Multi
Listing Agency:
SL Green Realty Corp - Corporate
(212) 216-1628
Listed By:
Larry Swiger
Source:
Moodyscre
Added: Oct 22, 2025
Changed: Jul 29
Last Checked: Jul 29 at 3:31PM
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 Class-A office tower above Grand Central Terminal, featuring an open layout and large floor plates designed for tenant flexibility. The building is a 31-story Art Deco landmark originally constructed in 1927 by Sloan & Robertson and restored under SL Green’s long-term operating lease. Tenants benefit from 32-passenger elevator cabs that support efficient movement throughout the tower.
A key differentiator is the building’s seamless integration with Grand Central Terminal. The Graybar Passage is a Romanesque hall with vaulted ceilings and bronze chandeliers connecting Lexington Avenue to the Terminals’ Great Hall. Six Metro-North train platforms lead off from the Graybar Passage, supporting convenient commuting.
On-site amenities include an Equinox fitness club. The building also received official NYC Landmark status in 2016, reflecting its architectural significance and enduring presence in Terminal City.
A key differentiator is the building’s seamless integration with Grand Central Terminal. The Graybar Passage is a Romanesque hall with vaulted ceilings and bronze chandeliers connecting Lexington Avenue to the Terminals’ Great Hall. Six Metro-North train platforms lead off from the Graybar Passage, supporting convenient commuting.
On-site amenities include an Equinox fitness club. The building also received official NYC Landmark status in 2016, reflecting its architectural significance and enduring presence in Terminal City.
Key Highlights
- 31‑story Art Deco office tower above Grand Central Terminal
- Original construction in 1927 by Sloan & Robertson
- 1.5 million‑square‑foot tower with large floor plates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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 - Art Deco office tower with large floor plates, 32-passenger elevators, and direct connections 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 office tower above Grand Central Terminal; Original construction in 1927 by Sloan & Robertson; 1.5 million‑square‑foot tower with large floor plates
