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High-Rise Office Building
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485 Lexington Ave, New York, NY 10017

Full-block office building with base floors already built and furnished, completed in 1956 and renovated in 2007.

Property Size54,199 SF
Days on Market1277

Property Features for 485 Lexington Ave

General Information

Standard status Active
Size 54,199 SF
Total Parking Spaces 100
Property subtype OFFICE

Additional Details

Furnished Yes

Amenities

extended HVAC hours
Bright Horizons
Form 50 Fitness
tenant-exclusive primary care medical practice

Building Details

Year Built 1956
Year Renovated 2007
Stories 32
Construction Mid-Century International
Listing Agency: SL Green Realty Corp - Corporate
Listed By: David M. Kaufman · License #10311204338
Source: Moodyscre
Added: Feb 1, 2023 Changed: Jul 28 Last Checked: Jul 31 at 3:55AM

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.

485 Lexington Avenue is a 32-story office building positioned on a full block along Lexington Avenue. Completed in 1956 as a curtain-wall structure, it was renovated in 2007 by Vidaris, Inc., and features an elevator lobby designed to reflect the steel-and-glass exterior aesthetic.

The property is located steps from the northern access to Grand Central Terminal, providing access to multiple subway, bus, Metro-North, and train lines. The building’s base floors are described as large and efficient, with additional boutique tower floors offering views.

For the current offering, the base floor is built and furnished. Ownership can provide either TIA or a new building installation.

Key Highlights

  • Full‑block office building on Lexington Avenue with 32 stories above E. 46th and 47th Streets
  • Completed in 1956; mid‑century International style curtain‑wall structure designed by Emery Roth & Sons
  • Renovated in 2007 by Vidaris, Inc.

Property Analytics

Current Use

Perricone Law Consultant BayBridge Real Estate ... Real Estate Agency Gold Bullion International ... Financial Advisor Citibank ATM Atm Center on Addiction Charitable Organization

Suggested Use

Top Pick Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Locksmith Parking Lot & Garage

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

70,743
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Full-block office building with base floors already built and furnished, completed in 1956 and renovated in 2007.
Where is this office building located?
The property is located at 485 Lexington Ave New York, NY.
What are key features of this property?
This property features: Full‑block office building on Lexington Avenue with 32 stories above E. 46th and 47th Streets; Completed in 1956; mid‑century International style curtain‑wall structure designed by Emery Roth & Sons; Renovated in 2007 by Vidaris, Inc.
(212) 356-4104 Call to check price and availability
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