Office Building with Direct Grand Central
For Lease
Contact for pricing
420 Lexington Ave, New York, NY 10170
Tenant-controlled HVAC and operable windows in a 31-story office tower directly connected to Grand Central Terminal.
Property Size2,478 SF
Days on Market112
Property Features for 420 Lexington Ave
General Information
Standard status
Active
Size
2,478 SF
Class
A
Elevators
Yes
Property subtype
OFFICE
Additional Details
Public Transit
Yes
Amenities
Equinox fitness club
direct access to Grand Central Terminal
tenant-controlled HVAC
operable windows
Building Details
Year Built
1927
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: Apr 10
Changed: Jul 29
Last Checked: Jul 29 at 10:44PM
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, 1.5 million-square-foot Art Deco office tower constructed in 1927 by Sloan & Robertson. The building was completed as part of “Terminal City” and was later designated an official NYC Landmark in 2016.
The building integrates directly with Grand Central Terminal through the Graybar Passage, a Romanesque hall with vaulted ceilings and bronze chandeliers connecting Lexington Avenue to the Terminal’s Great Hall. A central nave includes a mural by Edward Trumbull, and six Metro-North train platforms lead off from the Graybar Passage.
Tenant amenities and systems include an Equinox fitness club on site, tenant-controlled HVAC, and operable windows, supporting flexible day-to-day occupancy for a range of office sizes.
The building integrates directly with Grand Central Terminal through the Graybar Passage, a Romanesque hall with vaulted ceilings and bronze chandeliers connecting Lexington Avenue to the Terminal’s Great Hall. A central nave includes a mural by Edward Trumbull, and six Metro-North train platforms lead off from the Graybar Passage.
Tenant amenities and systems include an Equinox fitness club on site, tenant-controlled HVAC, and operable windows, supporting flexible day-to-day occupancy for a range of office sizes.
Key Highlights
- 31‑story, 1.5 million‑square‑foot office tower (Graybar Building) constructed in 1927
- Direct connection to Grand Central Terminal via the Graybar Passage with vaulted ceilings
- 6 Metro‑North train platforms lead off from the Graybar Passage
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Tenant-controlled HVAC and operable windows in a 31-story office tower directly connected to Grand Central Terminal.
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‑square‑foot office tower (Graybar Building) constructed in 1927; Direct connection to Grand Central Terminal via the Graybar Passage with vaulted ceilings; 6 Metro‑North train platforms lead off from the Graybar Passage
