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Class-A Office Unit
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420 Lexington Ave, New York, NY 10170

Build-to-suit configurations and reasonable divisions are considered within a landmarked Art Deco tower.

Space SizeContact for details
Property Size1,500,000 SF
Days on Market228

Property Features for 420 Lexington Ave

General Information

Standard status Active
Size 1,500,000 SF
Class A
Elevators Yes
Property subtype OFFICE

Space & Availability

Divisible Yes
Space Use Office
Condition Built-to-Suit

Additional Details

Public Transit Yes

Amenities

fitness center
direct access to Grand Central Terminal

Building Details

Year Built 1927
Stories 31
Building Size 1,500,000 SF
Construction Art Deco
Listing Agency: SL Green Realty Corp - Corporate
Listed By: Larry Swiger
Source: Moodyscre
Added: Dec 18, 2025 Changed: Jul 31 Last Checked: Aug 3 at 7:05AM

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 2,513-square-foot office unit is located within the 31-story Graybar Building, a 1.5 million-square-foot Class-A office tower completed in 1927. The property offers large floor plates, 32-passenger elevator cabs, an on-site Equinox fitness club, and build-to-suit opportunities with reasonable divisions considered.

The building is directly above Grand Central Terminal at 420 Lexington Avenue and connects to the terminal through the Graybar Passage, a vaulted Romanesque hall leading to the Great Hall. Six Metro-North train platforms connect from the passage. The Art Deco property includes ornamental architectural details, restored entrances and storefronts, and was designated an official New York City Landmark in 2016.

Key Highlights

  • 2,513‑square‑foot office unit in a 31‑story Class‑A tower
  • Direct connection to Grand Central Terminal through the Graybar Passage
  • Completed in 1927 and designated an official New York City Landmark in 2016

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 - Build-to-suit configurations and reasonable divisions are considered within a landmarked Art Deco tower.
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: 2,513‑square‑foot office unit in a 31‑story Class‑A tower; Direct connection to Grand Central Terminal through the Graybar Passage; Completed in 1927 and designated an official New York City Landmark in 2016
(212) 216-1628 Call to check price and availability
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