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Class-A Office Suite Above Grand Central
For Lease
Contact for pricing

420 Lexington Ave, New York, NY 10170

Move-in-ready office space with direct terminal access, Art Deco character, and on-site fitness amenities.

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
Lease Type SF/yr

Additional Details

Public Transit Yes

Amenities

on-site Equinox fitness club

Building Details

Year Built 1927
Stories 31
Building Size 1,500,000 SF

Spaces For Lease

at 420 Lexington Ave Contact us

The Graybar Bldg $62 – $65/SF/Yr

Contact us
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 7:00AM

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 2,866-square-foot office unit is located within the 31-story, 1.5 million-square-foot Graybar Building at 420 Lexington Ave. Completed in 1927, the Class-A property features large floor plates, 32-passenger elevator cabs, restored Art Deco architectural details, and move-in condition space. An on-site Equinox fitness club adds an amenity for building occupants.

The building connects directly to Grand Central Terminal through the Graybar Passage, linking Lexington Avenue with the terminal’s Great Hall. Six Metro-North train platforms lead from the passage, providing direct access to the transportation hub. The property was designated an official NYC Landmark in 2016.

Key Highlights

  • 2,866‑square‑foot office unit in the Graybar Building
  • Direct access to Grand Central Terminal through the Graybar Passage
  • 31‑story, 1.5 million‑square‑foot Class‑A office tower

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
$9.30 /SF/Yr
CAM

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

This space is priced 32% above the average of $47.13 /SF/Yr.

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 - Move-in-ready office space with direct terminal access, Art Deco character, and on-site fitness amenities.
Where is this office units located?
The property is located at 420 Lexington Ave New York, NY.
What is the lease rate?
The lease rate is $62 SF/Yr.
What are key features of this property?
This property features: 2,866‑square‑foot office unit in the Graybar Building; Direct access to Grand Central Terminal through the Graybar Passage; 31‑story, 1.5 million‑square‑foot Class‑A office tower
(212) 216-1628 Call to check price and availability
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